Inside the research
Iridium Communications Inc.
IRDM Research profile · latest available data
Price overview
$48.75
▼ -0.14 (-0.3%)
| 52w hi | $55.54 |
|---|---|
| 52w lo | $15.52 |
| Vol | 1.08M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.04
| Short | +0.23 |
|---|---|
| Medium | -0.04 |
| Long | -0.56 |
computed 2026-09-27
Key fundamentals
Iridium Communications Inc.
Communication Services · Telecom Services
| Market cap | $5.17B |
|---|---|
| Enterprise value | $6.77B |
| Trailing P/E | 56.03x |
| Forward P/E | 28.43x |
| EV / EBITDA | 15.99x |
| P / S (ttm) | 5.84x |
| Profit margin | 10.5% |
| Return on equity | 19.7% |
| Revenue growth | +3.8% |
| Earnings growth | -55.0% |
| Debt / equity | 378.66 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.06 | |
| Sector | +0.03 | |
| Technical | +0.10 | |
| Earnings | +0.00 | |
| Sentiment | -0.00 |
macro × 1.00 · 2026-09-27
Business overview
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units. The company sells its products and services to commercial end users through a wholesale distribution network that includes service providers, and value-added resellers and value-added manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
Risk Metrics
| Beta vs SPX | 1.01 |
|---|---|
| Corr SPX | 0.28 |
| Annual vol | 56.8% |
| Annual ret | +41.5% |
| Sharpe | 0.73 |
| Max DD | -52.8% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-10 | Bylaws Amendment, Reg FD Disclosure… | read |
| 2026-07-22 | Earnings Release, Exhibits | read |
| 2026-07-07 | Material Agreement, Material Obligation… | read |
| 2026-06-29 | Material Agreement, Reg FD Disclosure… | read |
| 2026-05-20 | Officer / Director Change, Shareholder Vote… | read |
| 2026-05-14 | Material Agreement, Reg FD Disclosure… | read |
| 2026-04-23 | Earnings Release, Exhibits | read |
| 2026-03-05 | Reg FD Disclosure | read |
| 2026-02-27 | Officer / Director Change | read |
| 2026-02-12 | Earnings Release, Exhibits | read |
| 2025-12-04 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-10-23 | Earnings Release, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 10 |
| Top-5 share | 92.1% |
| HHI | 2,967 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| AQR Capital Management | $374.33M | 6.85M |
| State Street Corp | $259.64M | 4.73M |
| Ark Invest | $66.65M | 1.22M |
| Capital Research / Capital World | $55.16M | 1.01M |
| Renaissance Technologies | $33.45M | 609.80K |
| Citadel Advisors | $29.65M | 540.60K |
| Fidelity / FMR LLC | $26.50M | 483.12K |
| Millennium Management | $8.90M | 162.31K |
| Bridgewater Associates | $2.39M | 43.54K |
| T. Rowe Price Group | $5.71K | 104.14K |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.62% |
|---|---|
| $ / share (TTM) | $0.30 |
| 5y CAGR | — |
Annual dividend per share
| 2023 | $0.52 |
|---|---|
| 2024 | $0.55 |
| 2025 | $0.58 |
| 2026 | $0.15 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $790.72M | +18.2% | |
| Operating income | $235.98M | +16.7% | |
| Net income | $15.41M | -8.2% | |
| Cash from ops | $314.91M | +9.6% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $49.18 | $49.35 | $48.48 | $48.75 | 1.08M |
| Sep 24 | $48.00 | $49.19 | $48.00 | $48.89 | 590.90K |
| Sep 23 | $48.60 | $48.93 | $48.21 | $48.30 | 464.00K |
| Sep 22 | $48.50 | $48.94 | $48.20 | $48.65 | 996.00K |
| Sep 21 | $46.80 | $48.25 | $46.80 | $48.21 | 1.42M |
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