Mar 2026 (Q1 FY26) — Apr 23, 2026
Iridium Communications Q1 FY26 — Strong Start with New Product Momentum
Read the full callIridium Communications (IRDM) earnings
- Jun 2026
- Mar 2026 (Q1 FY26)
- Dec 2025
Iridium Communications earnings: last reported Thu, 23 Apr 2026, for the quarter ended Mar 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 225 | +3.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 15.1 | −8.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 9.7 | −55.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$44.18 +0.96% · +$0.42
Performance +137.8% 1Y
1Y: $18.58 on 17 Oct 2025 → $44.18. High $55.72 (1 Jul 2026), low $15.84 (20 Nov 2025).
- Previous close
- $43.76
- 52-week range
- $15.84 – $55.72
- One year
- +136.64%
Overview
- Symbol
- IRDM
- Sector
- Communication Services
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Iridium Communications earnings calls (IRDM)
Financials
What the filings say
Net profit, year on year: −56% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 213 | 213 | 215 | 217 | 227 | 213 | 219 | 225 |
| Expenses | 158 | 161 | 154 | 167 | 157 | 158 | 168 | 191 |
| Operating profit | 55 | 52 | 60 | 50 | 70 | 55 | 51 | 34 |
| Operating margin | 25.8% | 24.5% | 28.1% | 23.2% | 30.9% | 25.9% | 23.1% | 15.1% |
| Other income | -24 | -22 | -24 | -24 | -22 | -22 | -20 | -20 |
| Profit before tax | 31 | 31 | 37 | 27 | 48 | 33 | 31 | 14 |
| Tax rate | 19.4% | −20.5% | 15.8% | 14.3% | 20.9% | 23.9% | 28.3% | 21.8% |
| Net profit | 24 | 36 | 30 | 22 | 37 | 25 | 22 | 10 |
| EPS ($ per share) | 0.21 | — | 0.28 | 0.20 | 0.35 | — | 0.20 | 0.09 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Reserves | 502 | 332 | 276 | 141 | -48 | -235 | -406 | -419 |
| Total liabilities | 2,413 | 2,164 | 1,942 | 1,893 | 1,825 | 1,774 | 2,095 | 2,068 |
| Fixed assets | 3,371 | 3,181 | 2,917 | 2,662 | 2,433 | 2,196 | 2,081 | 1,978 |
| Total assets | 4,014 | 3,624 | 3,361 | 3,181 | 2,954 | 2,662 | 2,671 | 2,531 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 264 | 198 | 250 | 303 | 345 | 315 | 376 | 400 |
| Cash from investing | -379 | -128 | -46 | -36 | -121 | -83 | -181 | -100 |
| Cash from financing | 194 | -313 | -188 | -182 | -375 | -327 | -170 | -300 |
| Net cash flow | 77 | -242 | 14 | 84 | -152 | -97 | 22 | 3 |
| Capital expenditure | -391 | -118 | -39 | -42 | -71 | -73 | -70 | -100 |
| Free cash flow | -128 | 80 | 211 | 261 | 273 | 241 | 306 | 300 |
IRDM revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Service | 75% | — | 72% | 72% | 73% | 75% | 72% | 72% | +3.7% |
| Commercial Voice and Data Services | 27% | 27% | 26% | 26% | 26% | 28% | 26% | 26% | +2.8% |
| Commercial Io T Data Services | 21% | 19% | 20% | 21% | 21% | 22% | 21% | 21% | +5.2% |
| Engineering and Support Services | 14% | 18% | 17% | 19% | 18% | 17% | 19% | 19% | +3.0% |
| Subscription and Circulation | 10% | — | 11% | 9% | 9% | — | 9% | 9% | +6.7% |
| Hosted Payload and Other Data Services | 8% | 7% | 7% | 7% | 8% | 6% | 7% | 7% | +13.9% |
| Commercial Broadb and Services | 7% | 6% | 6% | 6% | 6% | 6% | 6% | 5% | -8.3% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
132 filings between Oct 27, 2025 and Sep 30, 2026.
Open market
decisions to buy or sellPurchases
$871.3K
2 purchases by 2 insiders
Sales
$20.39M
16 sales by 6 insiders
13% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 69
- Award — granted as compensation
- 42
- Tax withheld — shares kept back by the company to cover tax
Also filed: 2 gifts, 1 disposition to issuer.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| FITZPATRICK THOMAS | — | $11.81M | Aug 18, 2026 |
| McBride Suzanne E. | — | $4.30M | Aug 17, 2026 |
| Morgan Kathleen A. | — | $1.67M | Aug 17, 2026 |
| Last Timothy James | — | $1.35M | Sep 15, 2026 |
| Kapalka Timothy | — | $865.4K | Aug 17, 2026 |
| NIEHAUS ROBERT H | $524.7K | — | Oct 28, 2025 |
| Olson Eric T | — | $404.9K | Aug 17, 2026 |
| DESCH MATTHEW J | $346.6K | — | Oct 30, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 30, 2026 | Alterman Louis M Director | Award | 43 | $0 |
| Sep 30, 2026 | Olson Eric T Director | Award | 442 | $0 |
| Sep 30, 2026 | YEANEY JACQUELINE E Director | Award | 34 | $0 |
| Sep 30, 2026 | NIEHAUS ROBERT H Director | Award | 56 | $0 |
| Sep 30, 2026 | FITZPATRICK THOMAS Director | Award | 56 | $0 |
| Sep 30, 2026 | Sears Kay Director | Award | 34 | $0 |
| Sep 30, 2026 | FRAZIER LEON ANTHONY Director | Award | 107 | $0 |
| Sep 30, 2026 | Canfield Thomas C Director | Award | 734 | $0 |
| Sep 30, 2026 | Shivanandan Monique S. Director | Award | 50 | $0 |
| Sep 15, 2026 | Last Timothy James EVP, Sales & Marketing | Sale | 5,769 | $267.4K |
| Sep 3, 2026 | Last Timothy James EVP, Sales & Marketing | Sale | 2,013 | $95.3K |
| Sep 1, 2026 | Morgan Kathleen A. Chief Legal Officer | Tax withheld | 2,053 | $96.4K |
| Sep 1, 2026 | Last Timothy James EVP, Sales & Marketing | Tax withheld | 1,501 | $70.5K |
| Sep 1, 2026 | DESCH MATTHEW J Chief Executive Officer | Tax withheld | 9,583 | $450.2K |
| Sep 1, 2026 | Kapalka Timothy CAO Iridium Satellite LLC | Tax withheld | 693 | $32.6K |
| Sep 1, 2026 | O'Neill Vincent James Chief Financial Officer | Tax withheld | 1,461 | $68.6K |
| Sep 1, 2026 | Scheimreif Scott EVP-Government Programs | Tax withheld | 2,207 | $103.7K |
| Sep 1, 2026 | McBride Suzanne E. Chief Operations Officer | Tax withheld | 3,623 | $170.2K |
| Aug 20, 2026 | McBride Suzanne E. Chief Operations Officer | Gift | 17,403 | $0 |
| Aug 18, 2026 | FITZPATRICK THOMAS Director | Sale | 15,046 | $740.3K |
| Aug 17, 2026 | McBride Suzanne E. Chief Operations Officer | Sale | 85,454 | $4.30M |
| Aug 17, 2026 | Morgan Kathleen A. Chief Legal Officer | Sale | 544 | $27.7K |
| Aug 17, 2026 | NIEHAUS ROBERT H Director | Gift | 50,000 | $0 |
| Aug 17, 2026 | FITZPATRICK THOMAS Director | Sale | 209,233 | $10.51M |
| Aug 17, 2026 | Morgan Kathleen A. Chief Legal Officer | Sale | 32,648 | $1.64M |
| Aug 17, 2026 | Last Timothy James EVP, Sales & Marketing | Sale | 500 | $25.4K |
| Aug 17, 2026 | Last Timothy James EVP, Sales & Marketing | Sale | 19,021 | $957.3K |
| Aug 17, 2026 | Kapalka Timothy CAO Iridium Satellite LLC | Sale | 13,473 | $680.5K |
| Aug 17, 2026 | Olson Eric T Director | Sale | 8,000 | $404.9K |
| Jul 10, 2026 | Thoma Donald Lee EVP, Aireon | Award | 41,949 | $0 |
| Jun 30, 2026 | FITZPATRICK THOMAS Director | Award | 49 | $0 |
| Jun 30, 2026 | Alterman Louis M Director | Award | 38 | $0 |
| Jun 30, 2026 | Shivanandan Monique S. Director | Award | 44 | $0 |
| Jun 30, 2026 | FRAZIER LEON ANTHONY Director | Award | 93 | $0 |
| Jun 30, 2026 | YEANEY JACQUELINE E Director | Award | 30 | $0 |
| Jun 30, 2026 | Canfield Thomas C Director | Award | 639 | $0 |
| Jun 30, 2026 | Sears Kay Director | Award | 30 | $0 |
| Jun 30, 2026 | Olson Eric T Director | Award | 385 | $0 |
| Jun 30, 2026 | NIEHAUS ROBERT H Director | Award | 378 | $0 |
| Jun 1, 2026 | Kapalka Timothy CAO Iridium Satellite LLC | Award | 4,175 | $0 |
| Jun 1, 2026 | DESCH MATTHEW J Chief Executive Officer | Tax withheld | 9,583 | $496.2K |
| Jun 1, 2026 | O'Neill Vincent James Chief Financial Officer | Tax withheld | 1,459 | $75.5K |
| Jun 1, 2026 | McBride Suzanne E. Chief Operations Officer | Tax withheld | 3,622 | $187.5K |
| Jun 1, 2026 | Kapalka Timothy CAO Iridium Satellite LLC | Tax withheld | 692 | $35.8K |
| Jun 1, 2026 | Last Timothy James EVP, Sales & Marketing | Tax withheld | 1,498 | $77.6K |
| Jun 1, 2026 | Scheimreif Scott EVP-Government Programs | Tax withheld | 2,205 | $114.2K |
| Jun 1, 2026 | Morgan Kathleen A. Chief Legal Officer | Tax withheld | 2,052 | $106.3K |
| May 20, 2026 | Canfield Thomas C Director | Disposition to issuer | 136 | $0 |
| Apr 6, 2026 | Kapalka Timothy CAO Iridium Satellite LLC | Sale 10b5-1 plan | 2,043 | $67.4K |
| Apr 2, 2026 | Kapalka Timothy CAO Iridium Satellite LLC | Sale 10b5-1 plan | 3,790 | $117.5K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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