Iridium Communications Inc.
Iridium Communications Inc. (IRDM) Financial Performance & Income Statement Overview
Analyze Iridium Communications Inc. (IRDM) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Iridium Communications Inc. (IRDM) Income Statement & Financial Overview
Explore comprehensive income reports for Iridium Communications Inc. IRDM, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $214.88M | $212.99M | $212.77M | $201.07M |
| Cost of Revenue | $48.79M | $60.21M | $56.62M | $104.19M |
| Gross Profit | $166.09M | $152.78M | $156.15M | $96.88M |
| Gross Profit Ratio | $0.77 | $0.72 | $0.73 | $0.48 |
| R&D Expenses | $5.42M | $8.52M | $6.19M | $6.51M |
| SG&A Expenses | $35.75M | $40.70M | $43.95M | $46.72M |
| Operating Expenses | $105.70M | $100.67M | $101.30M | $53.23M |
| Total Costs & Expenses | $154.49M | $160.88M | $157.92M | $157.42M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $21.82M | $22.43M | $24.25M | $23.80M |
| Depreciation & Amortization | $51.67M | $51.45M | $51.16M | $50.78M |
| EBITDA | $112.80M | $104.39M | $109.88M | $94.42M |
| EBITDA Ratio | $0.52 | $0.49 | $0.52 | $0.47 |
| Operating Income | $60.39M | $52.12M | $54.85M | $43.65M |
| Operating Income Ratio | $0.28 | $0.24 | $0.26 | $0.22 |
| Other Income/Expenses (Net) | -$23.51M | -$21.60M | -$23.93M | -$24.44M |
| Income Before Tax | $36.88M | $30.51M | $30.92M | $19.20M |
| Income Before Tax Ratio | $0.17 | $0.14 | $0.15 | $0.10 |
| Income Tax Expense | $5.82M | -$6.24M | $6.005M | $4.57M |
| Net Income | $30.41M | $36.34M | $24.45M | $32.34M |
| Net Income Ratio | $0.14 | $0.17 | $0.11 | $0.16 |
| EPS | $0.28 | $0.31 | $0.21 | $0.27 |
| Diluted EPS | $0.27 | $0.30 | $0.21 | $0.27 |
| Weighted Avg Shares Outstanding | $109.76M | $118.57M | $117.45M | $120.61M |
| Weighted Avg Shares Outstanding (Diluted) | $110.67M | $119.79M | $118.11M | $121.24M |
Over the last four quarters, Iridium Communications Inc. achieved steady financial progress, growing revenue from $201.07M in Q2 2024 to $214.88M in Q1 2025. Gross profit stayed firm with margins at 77% in Q1 2025 versus 48% in Q2 2024. Operating income totaled $60.39M in Q1 2025, maintaining a 28% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $112.80M. Net income dropped to $30.41M, with EPS at $0.28. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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