The financials
Iridium Communications Inc. by the numbers
Iridium Communications Inc. (IRDM) reported revenue of $225M in Q2 2026 (quarter ended June 30, 2026), up 3.8% from the same quarter a year earlier. That came with net income of $9.7M (4.3% of revenue). For the full year FY2025, revenue was $872M (+4.9% year on year) and net income $114M. Its largest product in 2026-Q2 was Service at $161M, 89% of the disclosed total, just ahead of Subscription And Circulation at 11%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $225M | $217M | +3.8% |
| Operating income | $34M | $50M | −32% |
| Net income | $9.7M | $22M | −56% |
| Diluted EPS | $0.09 | $0.20 | −55% |
| Product | Revenue | Share |
|---|---|---|
| Service | $161M | 89% |
| Subscription And Circulation | $21M | 11% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $182.1M (+2.2%)
Subscription And Circulation grew +6.7% year on yearService +3.7% year on year
Segment Latestquarter on quarteryear on year
- Service$161.3M$161.3MQoQ +2.1%year on year +3.7%+2.1%+3.7%
- Subscription And Circulation$20.8M$20.8MQoQ +2.7%year on year +6.7%+2.7%+6.7%