Companies /Communication Services

Iridium Communications Inc

NASDAQ: IRDM Telecom Services
$48.38
▼ $0.66 (−1.35%) today
Markets open · 3:35pm ET

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IRDM at a Glance

Valuation
Market cap
$5.2B
P/E ratio
55.1
Dividend yield
1.24%
Profitability
Revenue (TTM)
$884.2M
Profit margin
10.5%
EPS (TTM)
$0.89
Price
52-week range
$15 – $57
24/7 target
$50.47
Street target
$42.00
Earnings
Next report
Oct 22, 2026
Q2 2026 EPS
$0.09
vs. $0.29 est.
−69.0%

Headquartered in Mclean, VA Fiscal year ends December NASDAQ: IRDM iridium.com

About Iridium Communications

Iridium Communications Inc. (Nasdaq: IRDM) operates the world's only truly global mobile satellite network, providing voice, data, messaging, positioning, navigation, and timing (PNT), and aircraft surveillance services anywhere on Earth. The company serves commercial and government customers across aviation, maritime, industrial, and consumer markets through an ecosystem of more than 500 technology and distribution partners. Iridium is a satellite Internet of Things (IoT) connectivity provider and is advancing direct-to-device (D2D) communications based on open standards. Through its recent acquisition of Aireon LLC, the company now operates the world's only space-based Automatic Dependent Surveillance-Broadcast (ADS-B) air traffic surveillance system. The U.S. government is Iridium's largest single customer, with services provided under the Enhanced Mobile Satellite Services (EMSS) contract with the U.S. Space Force. The company also supports the Space Development Agency's Proliferated Warfighter Space Architecture (PWSA). In June 2026, Iridium entered into a definitive agreement to be acquired by Rocket Lab Corporation, with the transaction expected to close in mid-2027. Updated

Revenue by Segment · Q2 2026
  1. Commercial Voice and Data Service26%
  2. Commercial IoT Data Service21%
  3. Engineering and Support - Government18%
  4. U.S. Government Service12%
  5. Subscriber Equipment9%
  6. Hosted Payload and Other Data Service7%
  7. Commercial Broadband (Iridium OpenPort & Iridium Certus)5%
  8. Engineering and Support - Commercial1%

IRDM Coverage

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Frequently Asked Questions

What does Iridium Communications do?

Iridium Communications Inc. (Nasdaq: IRDM) operates the world's only truly global mobile satellite network, providing voice, data, messaging, positioning, navigation, and timing (PNT), and aircraft surveillance services anywhere on Earth.

What is the IRDM stock price target?

24/7 Wall St.'s 12-month price target for IRDM is $50.47, rated Hold. The Wall Street consensus target is $42.00. IRDM price prediction →