{ "ok": true, "cik": "1418819", "ticker": "IRDM", "name": "Iridium Communications Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-18", "items": [ "8.01 Other Events" ], "url": "https://www.sec.gov/Archives/edgar/data/1418819/000095010326014197/0000950103-26-014197-index.htm" }, { "form": "8-K", "filed": "2026-09-15", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1418819/000095010326013945/0000950103-26-013945-index.htm" }, { "form": "8-K", "filed": "2026-08-10", "items": [ "5.03 Amendments to Articles or Bylaws; Change in Fiscal Year", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1418819/000141881926000048/0001418819-26-000048-index.htm" }, { "form": "8-K", "filed": "2026-07-22", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1418819/000141881926000046/0001418819-26-000046-index.htm" }, { "form": "10-Q", "filed": "2026-07-22", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1418819/000141881926000045/0001418819-26-000045-index.htm" }, { "form": "8-K", "filed": "2026-07-07", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1418819/000110465926081335/0001104659-26-081335-index.htm" } ], "events12m": 14, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001418819.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1418819" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up Iridium Communications Inc. ($IRDM). Last filing: 8-K (8.01 Other Events), 2026-09-18. 14 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 871659000, "revenueGrowth1y": 0.049329346248022654, "revenueGrowthPerYear": 0.09133022365210808, "yearsOfData": 5, "operatingMargin": 0.27072513448493046, "operatingMarginPrior": 0.241228291933616, "netMargin": 0.13121186151924089, "operatingCashFlow": 400073000, "capitalSpending": 100280000, "freeCashFlow": 299793000, "researchAndDevelopment": 19758000, "researchShareOfRevenue": 0.022667120972765725, "cash": 96501000, "longTermDebt": 1757124000, "longTermDebtChange": -0.0003658050242153488, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 614500000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 721034000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 790723000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 830682000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 871659000 } ], "totalEquity": 462600000, "totalAssets": 2531009000, "equityRatio": 0.18277295734625992, "returnOnEquity": 0.2472373540856031, "dividendsPaid": 62854000, "payoutRatio": 0.5495575840240619, "dividendPerShare": 0.13, "dividendYearsRising": 0, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 726965159.6167662, "high": 1168415858.7248178, "baseline": 921608975.1733853, "n": 4309, "band": "b01" }, "ifPaceHeld": { "low": 726965159.6167662, "high": 1168415858.7248178 } }, "edgarette": "🔖 Exposure: revenue $871.7M (FY2025), total debt $1.8B. Experience: revenue up 4.9% on the year, up 9.1% a year over 4 years; operating margin 27.1%, up from 24.1%. Soundness: equity 18.3% of assets, return on equity 24.7%, payout 55.0% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $727.0M and $1.2B next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (11 filers, $50M+ revenue, communications services, nec): operating margin 27.1% against a -4.4% median; growth 4.9% against -0.1%.", "peers": { "sic": 4899, "sicDescription": "Communications Services, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "4899", "growth": [ -0.0005, 11 ], "opMargin": [ -0.0437, 11 ], "equityRatio": [ 0.1828, 11 ], "returnOnEquity": [ -0.0075, 9 ] }, "summary": "Iridium Communications (IRDM) grew revenue 4.9% in FY2025 to $872 million, operating margin 27.1% against a -4.4% median for communications services, nec, equity 18.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Iridium Communications Inc. against its own record and its peers
Operating marginPeer median -4.4%27.1%Revenue, on the yearPeer median -0.1%4.9%Equity of assetsPeer median 18.3%18.3%Return on equityPeer median -0.8%24.7%Payout of profit55.0%Gold tick: the median of 9–11 peers with $50M+ revenue in communications services, nec
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit55.0% paid out45.0% keptHanded back per share$0.13Growth its own profit can fund11.1%retained x return on equityRevenue growth it managed4.9%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 13, "hits": 12, "rate": 0.9230769230769231, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T14:10:59.254Z", "hash": "34a791fa56956349", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Iridium Communications (IRDM) grew revenue 4.9% in FY2025 to $872 million, operating margin 27.1% against a -4.4% median for communications services, nec, equity 18.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 871659000, "totalDebt": 1757124000, "cash": 96501000 }, "experience": { "revenueGrowth1y": 0.049329346248022654, "revenueGrowthPerYear": 0.09133022365210808, "operatingMargin": 0.27072513448493046, "operatingMarginPrior": 0.241228291933616, "netMargin": 0.13121186151924089, "freeCashFlow": 299793000 }, "soundness": { "equityRatio": 0.18277295734625992, "returnOnEquity": 0.2472373540856031, "payoutRatio": 0.5495575840240619, "dividendPerShare": 0.13, "dividendYearsRising": 0, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 4899, "sicDescription": "Communications Services, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "4899", "growth": [ -0.0005, 11 ], "opMargin": [ -0.0437, 11 ], "equityRatio": [ 0.1828, 11 ], "returnOnEquity": [ -0.0075, 9 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 726965159.6167662, "high": 1168415858.7248178, "baseline": 921608975.1733853, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4309, "sizeBand": "b01" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 13, "hits": 12, "rate": 0.9230769230769231, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T14:10:59.254Z", "hash": "34a791fa56956349", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001418819.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1418819" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }