Iridium Communications Inc. (IRDM)

In the past six months, Iridium Communications Inc. reported Q3 2025 earnings with an EPS of $0.35, exceeding expectations by 40%. Total revenue for Q2 2025 was $216.9 million, an 8% increase year-over-year, with service revenue growing 2%. The company ended Q2 2025 with 2,483,000 total billable subscribers, a 3% increase year-over-year. As of February 3, 2026, the share price was $19.62, representing a 31.28% decline from February 4, 2025. In January 2026, Iridium Communications' stock increased by 15.1%, trading at $20.00, following a successful Iridium NTN Direct On-Air Messaging Test. Analysts have a consensus "Hold" rating for Iridium Communications, with an average twelve-month price target of $25.00. The next earnings report is anticipated on February 12, 2026, with an expected EPS of $0.24.

Demand for Iridium Communications' products and services does not exhibit significant seasonality due to its diverse customer base and the critical nature of its offerings. The company serves a wide range of sectors that require global, reliable connectivity regardless of the time of year. The consistent need for mission-critical voice and data connectivity in remote industrial sectors drives a steady demand for Iridium's services. The growing demand for secure satellite-based connectivity and new IoT products also strengthens Iridium's long-term recurring revenue and service outlook.

Iridium Communications Inc. is an American publicly traded company based in McLean, Virginia, providing global satellite communications services and products. It operates the Iridium satellite constellation, a system of 80 satellites in Low-Earth Orbit (LEO), offering worldwide voice and data communication. Iridium operates within the satellite telecommunications industry, offering mobile satellite communications, broadband terminals, embedded devices, and handsets for maritime sectors, satellite-based IoT services, hosted payload, and other data and engineering services. The company also provides postpaid and prepaid mobile voice and data satellite communications, push-to-talk, and satellite time and location services.

Iridium Communications Inc. provides global coverage through its satellite network, reaching every part of the Earth, including the poles. The company has a business presence across the Americas, Europe, Africa, the Middle East, and Asia-Pacific.

Iridium Communications maintains a strong brand reputation, particularly for its reliable and critical communications capabilities in challenging environments. Iridium scored higher than 92% of companies evaluated by MarketBeat and ranked 109th out of 623 stocks in the computer and technology sector. Its reputation has been positively impacted by its ongoing progress in direct-to-device service testing, the development of innovative applications for its new Positioning, Navigation, and Timing (PNT) service, and the acquisition of Satelles.

The ownership structure of Iridium Communications (IRDM) is primarily institutional, with approximately 53.00% of the company's stock owned by institutional investors. Insiders own about 3.22%, and public companies and individual investors hold 43.78%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., ARK Investment Management LLC, Silver Heights Capital Management Inc., State Street Corp, Millennium Management Llc, American Century Companies Inc., Dimensional Fund Advisors Lp, Man Group Plc., Nikko Asset Management Americas, Inc., BGRFX - BARON GROWTH FUND, IJH - iShares Core S&P Mid-Cap ETF, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, and Goldman Sachs Asset Management, L.P. A significant individual owner is the Estate of Khalid bin Abdullah bin Abdulrahman, holding 9.96% of the shares.