Iridium Communications Inc. (NASDAQ: IRDM) is a satellite communications company that operates a constellation of low-Earth orbit satellites providing voice and data connectivity services globally. The company makes money primarily through subscription-based service fees charged to commercial and government end users, along with equipment sales and engineering services. Iridium's network is distinguished by its pole-to-pole global coverage, including oceanic and polar regions where terrestrial and other satellite networks do not reach. The 10-K filed February 12, 2026 covers the fiscal year ended December 31, 2025. The filing confirms IRDM trades on a national exchange under the ticker IRDM and qualifies as a well-known seasoned issuer as of that filing date. Specific revenue figures, subscriber counts, segment breakdowns, competitor names, and leadership details are not supported by the available filing excerpts and are therefore omitted.

Revenue model

Subscription-based service fees from commercial and government customers, equipment sales, and engineering services. Specific revenue figures and segment percentages are not supported by the available filing excerpts.

Products and services

Low-Earth orbit satellite network providing global voice and data connectivity services. Specific product names, handset models, or IoT service lines are not supported by the available filing excerpts.

Customers and end markets

Commercial and government end users requiring global satellite connectivity. Specific end markets, customer counts, or concentration data are not supported by the available filing excerpts.

Value-chain role

Satellite network operator providing connectivity infrastructure and services directly and through distribution partners.

Geographic exposure

Global, including coverage of oceanic and polar regions. Specific revenue by geography is not supported by the available filing excerpts.

Source: SEC 10-K, filed 2026-02-12

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