IRDM · XBRL financial data

Iridium Communications financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (IRDM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	583	615	721	791	831	872
Revenue from contracts with customers	583	615	721	791	831	872
Research and development	12	12	16	20	28	20
Selling, general and administrative	90	100	124	144	168	158
Operating income (loss)	35	46	77	82	200	236
Interest expense	—	—	—	15	15	15
Other income (expense)	0	(0)	0	4	1	(3)
Income tax expense (benefit)	(33)	(20)	0	(26)	12	28
Net income (loss)	(56)	(9)	9	15	113	114
Earnings per share, basic USD per share	(0.42)	(0.07)	0.07	0.12	0.95	1.07
Earnings per share, diluted USD per share	—	—	0.07	0.12	0.94	1.06
Weighted average shares, basic millions of shares	133	134	128	126	119	107
Weighted average shares, diluted millions of shares	133	134	130	127	120	108

Fiscal years (IRDM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	237	321	169	72	94	97
Accounts receivable	61	63	82	92	99	94
Inventory	32	29	40	91	81	74
Prepaid and other current assets	9	11	15	16	19	12
Total current assets	348	424	306	271	293	277
Property and equipment, net	2,917	2,662	2,433	2,196	2,081	1,978
Right-of-use asset	24	20	17	16	14	27
Goodwill	—	—	—	0	98	99
Total assets	3,361	3,181	2,954	2,662	2,671	2,531
Accounts payable	14	16	21	29	20	18
Accrued liabilities	49	48	68	55	65	49
Current portion of long-term debt	17	17	17	15	33	3
Total current liabilities	113	109	142	132	169	112
Lease liability, non-current	23	20	16	14	11	26
Total liabilities	1,942	1,893	1,825	1,774	2,095	2,068
Retained earnings (accumulated deficit)	276	141	(48)	(235)	(406)	(419)
Total stockholders' equity	1,419	1,288	1,129	888	577	463
Total liabilities and equity	3,361	3,181	2,954	2,662	2,671	2,531
Common shares outstanding (cover page) millions of shares	134	128	126	122	109	105

Fiscal years (IRDM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(56)	(9)	9	15	113	114
Stock-based compensation	17	27	44	57	63	52
Depreciation and amortization	303	305	303	320	203	210
Net cash from operating activities	250	303	345	315	376	400
Purchases of property and equipment	39	42	71	73	70	100
Net cash from investing activities	(46)	(36)	(121)	(83)	(181)	(100)
Share repurchases	0	163	257	247	408	186
Dividends paid	—	0	0	65	65	63
Proceeds from long-term debt	202	179	0	—	—	—
Net cash from financing activities	(188)	(182)	(375)	(327)	(170)	(300)
Net change in cash	14	84	(152)	(97)	22	3

SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Iridium Communications	98	246	96*	106.2M	Q3 FY26 10-QSep 30, 2026
Cogent Communications Holdings	184	not reported	3.2*	51.2M	Q2 FY26 10-QJun 30, 2026
Calix	56	302	6.3*	61.8M	Q3 FY26 10-QSep 26, 2026
EchoStar	13,437	1,128	113*	not reported	Q3 FY26 10-QSep 30, 2026
Viasat	1,736	1,157	261	137.8M	Q1 FY27 10-QJun 30, 2026
Gogo	63	223	32*	135.5M	Q2 FY26 10-QJun 30, 2026
Globalstar	410	65	125*	not reported	Q2 FY26 10-QJun 30, 2026
AST SpaceMobile	2,288	not reported	(97)*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.