IRDM

Company Overview — What Does Iridium Communications Inc. Do?

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising 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; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia. Iridium Communications Inc. (IRDM) is classified as a mid-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Matthew J. Desch and employs approximately 660 people, headquartered in MCLEAN, Virginia. With a market capitalization of $3.0B, IRDM is one of the notable companies in the Technology sector.

Iridium Communications Inc. (IRDM) Stock Rating — Hold (April 2026)

As of April 2026, Iridium Communications Inc. receives a Hold rating with a composite score of 44.9/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.IRDM ranks #974 out of 4,446 stocks in our coverage universe. Within the Technology sector, Iridium Communications Inc. ranks #94 of 584 stocks, placing it in the top quartile of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

IRDM Stock Price and 52-Week Range

Iridium Communications Inc. (IRDM) currently trades at $34.16. The stock lost $0.49 (1.4%) in the most recent trading session. The 52-week high for IRDM is $33.34, which means the stock is currently trading 2.5% from its annual peak. The 52-week low is $15.64, putting the stock 118.3% above its annual trough. Recent trading volume was 1.9M shares, reflecting moderate market activity.

Is IRDM Overvalued or Undervalued? — Valuation Analysis

Iridium Communications Inc. (IRDM) carries a value factor score of 59/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 31.01x, compared to the Technology sector average of 45.27x — a discount of 31%. The price-to-book ratio stands at 7.64x, versus the sector average of 3.16x. The price-to-sales ratio is 4.06x, compared to 1.06x for the average Technology stock. On an enterprise value basis, IRDM trades at 22.46x EV/EBITDA, versus 12.79x for the sector.

Overall, IRDM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Iridium Communications Inc. Profitability — ROE, Margins, and Quality Score

Iridium Communications Inc. (IRDM) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 24.6%, compared to the Technology sector average of -1.4%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 4.5% versus the sector average of -1.0%.

On a margin basis, Iridium Communications Inc. reports gross margins of 72.0%, compared to 50.9% for the sector. The operating margin is 27.0% (sector: -0.5%). Net profit margin stands at 13.0%, versus -1.5% for the average Technology stock. Revenue growth is running at 12.9% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

IRDM Debt, Balance Sheet, and Financial Health

Iridium Communications Inc. has a debt-to-equity ratio of 380.0%, compared to the Technology sector average of 43.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 2.48x, indicating strong short-term liquidity. Total debt on the balance sheet is $1.76B. Cash and equivalents stand at $89M.

IRDM has a beta of 0.88, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Iridium Communications Inc. is 41/100, reflecting average volatility within the normal range for its sector.

Iridium Communications Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Iridium Communications Inc. reported revenue of $871M and earnings per share (EPS) of $1.07. Net income for the quarter was $114M. Gross margin was 72.0%. Operating income came in at $236M.

In FY 2025, Iridium Communications Inc. reported revenue of $872M and earnings per share (EPS) of $1.07. Net income for the quarter was $114M. Revenue grew 4.9% year-over-year compared to FY 2024. Operating income came in at $236M.

In Q3 2025, Iridium Communications Inc. reported revenue of $227M and earnings per share (EPS) of $0.35. Net income for the quarter was $37M. Revenue grew 6.7% year-over-year compared to Q3 2024. Operating income came in at $70M.

In Q2 2025, Iridium Communications Inc. reported revenue of $217M and earnings per share (EPS) of $0.20. Net income for the quarter was $22M. Revenue grew 7.9% year-over-year compared to Q2 2024. Operating income came in at $50M.

Over the past 8 quarters, Iridium Communications Inc. has demonstrated a growth trajectory, with revenue expanding from $201M to $871M. Investors analyzing IRDM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

IRDM Dividend Yield and Income Analysis

Iridium Communications Inc. (IRDM) currently pays a dividend yield of 3.3%. At this yield, a $10,000 investment in IRDM stock would generate approximately $$326.00 in annual dividend income. The net margin of 13.0% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.

IRDM Momentum and Technical Analysis Profile

Iridium Communications Inc. (IRDM) has a momentum factor score of 50/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 28/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 16/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

IRDM vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Iridium Communications Inc. (IRDM) ranks #94 out of 584 stocks based on the Blank Capital composite score. This places IRDM in the top quartile of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing IRDM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full IRDM vs S&P 500 (SPY) comparison to assess how Iridium Communications Inc. stacks up against the broader market across all factor dimensions.

IRDM Next Earnings Date

No upcoming earnings date has been announced for Iridium Communications Inc. (IRDM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy IRDM? — Investment Thesis Summary

Iridium Communications Inc. presents a balanced picture with arguments on both sides.

In summary, Iridium Communications Inc. (IRDM) earns a Hold rating with a composite score of 44.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on IRDM stock.

Related Resources for IRDM Investors

Explore more research and tools: IRDM vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare IRDM head-to-head with peers: IRDM vs IHS, IRDM vs VRSN, IRDM vs ESE.