Iridium Communications Inc. provides mobile voice and data communications products and services to businesses, governments in the United States and other countries, non-governmental organizations, and consumers around the world. The company is headquartered in McLean, Virginia.
| Revenue (TTM) | $902.97M |
| Gross Profit (TTM) | $645.23M |
| EBITDA | $394.01M |
| Operating Margin | 12.90% |
| Return on Equity | 31.70% |
| Return on Assets | 3.81% |
| Revenue/Share (TTM) | $8.50 |
| Book Value | $5.43 |
| Price-to-Book | 9.42 |
| Price-to-Sales (TTM) | 5.17 |
| EV/Revenue | 6.68 |
| EV/EBITDA | 15.35 |
| Quarterly Earnings Growth (YoY) | 180.00% |
| Quarterly Revenue Growth (YoY) | 8.30% |
| Shares Outstanding | $105.98M |
| Float | $87.08M |
| % Insiders | 11.86% |
| % Institutions | 86.87% |
Volatility is currently expanding
The headline numbers for Iridium (IRDM) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Iridium Communications (IRDM) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.35 per share a year ago.
Completes acquisition of Aireon; Pending acquisition by Rocket Lab receives stockholder approval MCLEAN, Va., Oct. 20, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium" or the "Company"), a leading provider of global voice, data, aircraft surveillance, and positioning, navigation, and timing (PNT) satellite services, today reported financial results for the third quarter of 2026.
MCLEAN, Va., Oct. 14, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, aircraft surveillance, and positioning, navigation, and timing (PNT) satellite services, today announced that Altair Semiconductor, a world leader in cellular IoT chips, is integrating Iridium NTN Direct℠ capability into Altair's ALT1350 and next-generation ALT1550 IoT chipset platforms.
Rocket Lab tore up its $3.6 billion bridge loan without borrowing a dollar, and the Iridium deal is now fully funded. Iridium's roughly $500 million of annual EBITDA turns Rocket Lab's $80 million EBITDA loss into about $420 million, before Neutron. Up to 72 million new shares are coming, but only 17 million hinge on the collar's stock-price window.
Space investing in October 2026 calls for discipline. Rising defense budgets, the Golden Dome missile defense initiative and growing demand for direct-to-device satellite connectivity are raising the whole sector.
Rocket Lab is accelerating its evolution into a vertically integrated space infrastructure platform with the strategic acquisition of Iridium Communications. RKLB's buy rating is reinforced by the addition of Iridium's mature, cash-generating LEO network, entrenched government contracts, and utility-like recurring revenues. The Iridium deal, valued at approximately $54/share, provides RKLB with immediate scale, defensible orbital assets, and exposure to high-value defense and connectivity markets.
Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) shares are rallying after a first-step regulatory clearance on its planned acquisition, while the target, Iridium Communications (NASDAQ:IRDM), is barely moving on the same news.
Rocket Lab Corporation (NASDAQ:RKLB | RKLB Price Prediction) stock is rising 3% to $64.14 in Tuesday morning trading as investors respond to progress on the company's planned acquisition of Iridium Communications. Rocket Lab completed a $1.
I rate Iridium a Hold with a $48 target, reflecting limited upside versus deal risk and timeline. The current valuation is driven by the pending Rocket Lab merger, not IRDM's standalone fundamentals. Deal structure, regulatory approvals, and RKLB share price at close are the primary catalysts and risks.
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