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IRDM · Nasdaq · United States · Communications Services, Nec
In shortIridium Communications Inc. is profitable, generates cash and carries heavy debt, with revenue growing (+4.9% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 27.1% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 13.1% | 72/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 22.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.6% | 57/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.48× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 3.81× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.73× | 8/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 16.05× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.75 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 34.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.62× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 5.3% | 91/100 |
| Operating margin volatility | 9.0% | 28/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 6.5% | 53/100 |
|---|---|---|
| EPS growth, 3-year average | 147.4% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 615 | 721 | 791 | 831 | 872 |
| Research & development | 12 | 16 | 20 | 28 | 20 |
| Selling, general & admin | 100 | 124 | 144 | 168 | 158 |
| Operating income | 46 | 77 | 82 | 200 | 236 |
| Interest expense | – | – | 15 | 15 | 15 |
| Pre-tax income | (29) | 11 | (4.7) | 110 | 145 |
| Income tax | (20) | 0.3 | (26) | 12 | 28 |
| Net income | (9.3) | 8.7 | 15 | 113 | 114 |
| Diluted EPS | −$0.07 | $0.07 | $0.12 | $0.94 | $1.06 |
| Diluted shares (millions) | 134 | 130 | 127 | 120 | 108 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
0.75 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Sep 30, 2026 · Data updated Oct 20, 2026