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Iridium Communications Inc (IRDM)

US · Communication Services · Telecom Services

$44.04+4.81%
Last close · 2026-11-06

Latest quarter · ended 2026-09-30

Revenue
$245.7M
Revenue YoY
+8.3%
Net profit
$106.9M
Profit YoY
+187.9%
EPS
$0.38
EPS estimate
$0.29
Net margin
43.5%

EPS came in at 0.38 against a street estimate of 0.29 — a beat of 31.0%.

Key statistics

Market cap
$4.76B
P/E
29.2
Forward P/E
22.8
P/B
10.07
Book value
$5.43
EPS (TTM)
$1.54
Dividend yield
1.30%
52-week high
$56.99
52-week low
$15.33
50-day MA
$46.89
200-day MA
$39.78
Beta
0.85

Analyst view

Analysts rate Iridium Communications Inc a buy (2 buy, 4 hold, 0 sell out of 6) with an average price target of $48.00.

Shareholding

Insiders
11.86%
Institutions
88.31%

Largest institutional holders

FundStake
BlackRock Inc12.69%
AQR Capital Management LLC6.46%
Vanguard Portfolio Management, LLC5.13%
American Century Companies Inc4.58%
State Street Corp4.47%
Vanguard Capital Management, LLC3.99%
Silver Heights Capital Management Inc.3.09%
Gotham Asset Management, LLC2.37%

Recent filings & reports

DocumentDate
Quarterly report · Q3 2026
HEADLINE NUMBERS • Third-quarter 2026 revenue was $245.733 million, up from $226.935 million in the third quarter of 2025. Nine-month revenue was $69
2026-10-20
Results announced · Q4 2026
HEADLINE NUMBERS • Third-quarter 2026 revenue was $245.7 million, up 8% from $226.9 million in the prior-year quarter. • Service revenue rose 13% to
2026-10-20
Shareholder vote results · Q3 2026
IRIDIUM COMMUNICATIONS INC. – FORM 8-K SUMMARY HEADLINE NUMBERS • Special Meeting held: September 24, 2026 • Quorum achieved: 86,248,382 shares pres
2026-09-24
Company announcement · Q3 2026
IRIDIUM COMMUNICATIONS INC. – FORM 8-K SUMMARY HEADLINE NUMBERS • Merger consideration: $54.00 per share of Iridium Common Stock • Iridium LTM Adjus
2026-09-18
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

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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

Deals & corporate news

AnnouncementDate
Stockholders approve merger agreement with Rocket Lab Corporation
Iridium Communications Inc. held a special shareholder meeting on September 24, 2026, to vote on its merger with Rocket Lab Corporation. Shareholders overwhelmingly approved both proposals:
2026-09-24
Definitive proxy statement filed for Rocket Lab merger with Iridium
Iridium Communications announced that Rocket Lab Corporation agreed to acquire it through a two-step merger process. Iridium filed its proxy statement on August 26, 2026, with a special stoc
2026-09-18
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

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Data updated 2026-11-07.