New shipIridium Communications $IRDM
Grew revenue 4.9% in FY2025 to $872 million, operating margin 27.1% against a -4.4% median for communications services, equity 18.3% of assets.
Last filing10-Q, 20 Oct 2026
Edgarette’s full reading · exposure, experience, soundness, credibility, range
🫧 Edgar looked up Iridium Communications Inc. ($IRDM). Last filing: 10-Q, 2026-10-20. 15 event filings (8-K) in the past twelve months.
🔖 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%.
Read from its own SEC filings · nothing written, nothing inferred
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $400M · −$100M · −$300M · $300M |
| Investment book (cash · short · long) | $97M · — · — · current ratio 2.48 |
| Revenue swing · equity of assets | 5.3% · 18.3% |
Iridium Communications is growing faster than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $872M |
| Revenue, on the year | 4.9% |
| Revenue, a year over the record | 9.1% |
| Operating margin | 27.1% |
| Operating margin, prior year | 24.1% |
| Net margin | 13.1% |
| Research and development | $20M · 2.3% of revenue |
| Total debt | $1.8B |
| Equity of assets | 18.3% |
| Return on equity | 24.7% |
| Payout of profit | 55.0% |
| Dividend per share | $0.13 |
| Earnings per share | $1.07 |
| Book value per share | $4.29 |
| Revenue per share | $8.08 |
| Shares outstanding | 107,837,000 |
| Audited years read | 5 |
Peers: the median of 11 filers with $50M+ revenue in communications services, nec.
Classic signals · fiscal 2025Altman Z″ 0.75 distress zone 1968Piotroski F 7 of 9 solid 2000Beneish M not enough filed detail (needs receivables, cost of revenue, PP&E, depreciation, SG&A for two years)Sloan accruals -11% earnings backed by cash 1996DuPont ROE 22% = margin 13.1% × turns 0.34 × leverage 5.01
What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →
Health HarborIridium Communications sails as: New ship
Health watch · 12 monthsDirector or officer change ×4
Sailing speed follows growth: 6.5% a year crosses the harbor in 60 seconds.
🌊 Visit the Bay →No warning signs on the measures below.
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an operating loss; negative free cash flow outside regulated utilities; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 10-Q · 2026-10-20
- 8-K · 2026-10-20 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 8-K · 2026-09-24 · 5.07 Submission of Matters to a Vote of Security Holders; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-09-18 · 8.01 Other Events
- 8-K · 2026-09-15 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits
- 8-K · 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
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. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company