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USCommunication Services

Iridium Communications Inc (IRDM)

US · Communication Services · Telecom Services

$47.48+0.42%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$225.2M
Revenue YoY
+3.8%
Net profit
$9.7M
Profit YoY
-55.9%
EPS
$0.19
EPS estimate
$0.26
Net margin
4.3%

EPS came in at 0.19 against a street estimate of 0.26 — a miss of 26.9%.

Key statistics

Market cap
$5.01B
P/E
54.3
Forward P/E
23.9
P/B
10.56
Book value
$4.46
EPS (TTM)
$0.87
Dividend yield
1.27%
52-week high
$56.99
52-week low
$15.33
50-day MA
$47.87
200-day MA
$35.16
Beta
0.88

Analyst view

Analysts rate Iridium Communications Inc a strong buy (8 buy, 1 hold, 0 sell out of 9) with an average price target of $42.00.

Shareholding

Insiders
11.92%
Institutions
90.00%

Largest institutional holders

FundStake
BlackRock Inc13.15%
Vanguard Portfolio Management, LLC5.75%
State Street Corp4.77%
American Century Companies Inc4.58%
Vanguard Capital Management, LLC3.88%
Gotham Asset Management, LLC3.16%
Silver Heights Capital Management Inc.3.09%
AQR Capital Management LLC2.75%

Recent filings & reports

DocumentDate
Material agreement · Q3 2026
IRIDIUM COMMUNICATIONS INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Merger Agreement Date: June 28, 2026 with Rocket Lab Corporation • Credit Agreemen
2026-09-15
Charter / bylaws change · Q3 2026
IRIDIUM COMMUNICATIONS INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Cash dividend declared: $0.15 per share • Dividend payment date: September 30, 202
2026-08-10
Quarterly report · Q2 2026
IRIDIUM COMMUNICATIONS INC. - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenue (6M 2026): $444.3 million vs. $431.8 million (6M 2025) — up 2.9%
2026-07-22
Results announced · Q3 2026
IRIDIUM COMMUNICATIONS INC. – Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Total Revenue: $225.2 million in Q2 2026, up 4% versus Q2 2025 ($216.9 mill
2026-07-22
Material agreement · Q3 2026
IRIDIUM COMMUNICATIONS INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Iridium completed acquisition of remaining 61% equity stake in Aireon Holdings LLC
2026-07-07
Material agreement · Q2 2026
IRIDIUM COMMUNICATIONS INC. – MERGER WITH ROCKET LAB Form 8-K Filing Summary (June 28, 2026) --- HEADLINE NUMBERS • Merger consideration per Iridiu
2026-06-29
Quarterly report · Q1 2026
IRIDIUM COMMUNICATIONS INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total revenue: $219.1 million (Q1 2026) vs. $214.9 million (Q1 2025) – up 1.9%
2026-04-23
Proxy statement · Q2 2026
IRIDIUM COMMUNICATIONS INC. — 2026 PROXY STATEMENT SUMMARY --- CEO PAY & COMPENSATION CHANGES • Matthew J. Desch (CEO) total compensation: Document
2026-04-02

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.15 / share
ex-date Sep 15, 2026 · pay Sep 30, 2026
2026-09-15
Dividend$0.15 / share
ex-date Jun 15, 2026 · pay Jun 30, 2026
2026-06-15
Dividend$0.15 / share
ex-date Mar 16, 2026 · pay Mar 31, 2026
2026-03-16
Dividend$0.15 / share
ex-date Dec 15, 2025 · pay Dec 31, 2025
2025-12-15
Dividend$0.15 / share
ex-date Sep 15, 2025 · pay Sep 30, 2025
2025-09-15

Deals & corporate news

AnnouncementDate
Merger agreement with Rocket Lab amended; lenders consent to transaction
Iridium Communications and Rocket Lab amended their merger agreement's financing terms on September 15, 2026. The key change: Iridium's lenders agreed that the merger won't trigger a 'Change
2026-09-15
Completed acquisition of remaining 61% equity interest in Aireon
Iridium Communications completed its acquisition of the remaining 61% stake in Aireon Holdings on July 2, 2026, achieving full ownership. The total purchase price was $366.7 million, split e
2026-07-07
Agreed to be acquired by Rocket Lab in merger transaction
Rocket Lab has agreed to acquire Iridium Communications in an all-stock and cash deal announced June 28, 2026. Each Iridium shareholder will receive $27.00 in cash plus Rocket Lab stock. The
2026-06-29
Acquires remaining 61% equity stake in Aireon Holdings
Iridium Communications announced on May 14, 2026 that it will acquire the remaining 61% stake in Aireon Holdings LLC that it doesn't already own, gaining complete ownership of the world's on
2026-05-14

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Data updated 2026-09-18.