# Iridium Communications Inc. (IRDM) · Edgar & Edgarette company card

> Iridium Communications (IRDM) grew revenue 4.9% in FY2025 to $872 million, operating margin 27.1% against a -4.4% median for communications services, equity 18.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1418819 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/IRDM) · [JSON](https://www.pops4.com/boards/company/IRDM.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $872M |
| Revenue growth, 1 year | 4.9% |
| Revenue growth per year | 9.1% |
| Operating margin | 27.1% (prior year 24.1%) |
| Net margin | 13.1% |
| Operating cash flow | $400M |
| Capital spending | $100M |
| Free cash flow | $300M |
| Cash | $97M |
| Long-term debt | $1.8B |
| Total assets | $2.5B |
| Total equity | $463M |
| Equity ÷ assets | 18.3% |
| Return on equity | 24.7% |
| Dividend per share | $0.13 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 0.75 (distress zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

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 $790.4M and $1.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $738.9M to $1.1B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, communications services, nec): operating margin 27.1% against a -4.4% median; growth 4.9% against -0.1%.

Range logged 2026-09-24, receipt 69a0ae33318c18c8, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-07-07 ([filing](https://www.sec.gov/Archives/edgar/data/1418819/000110465926081335/0001104659-26-081335-index.htm))

## Recent filings

- 10-Q · filed 2026-10-20 · [filing](https://www.sec.gov/Archives/edgar/data/1418819/000141881926000052/0001418819-26-000052-index.htm)
- 8-K · filed 2026-10-20 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1418819/000141881926000053/0001418819-26-000053-index.htm)
- 8-K · filed 2026-09-24 · 5.07 Submission of Matters to a Vote of Security Holders; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1418819/000095010326014464/0000950103-26-014464-index.htm)
- 8-K · filed 2026-09-18 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1418819/000095010326014197/0000950103-26-014197-index.htm)
- 8-K · filed 2026-09-15 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1418819/000095010326013945/0000950103-26-013945-index.htm)
- 8-K · filed 2026-08-10 · 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1418819/000141881926000048/0001418819-26-000048-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001418819.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1418819

## Cite

POPS4, Edgar & Edgarette: Iridium Communications Inc. (IRDM) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/IRDM. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

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.