Financial Snapshot

Revenue
$617.7M
TTM
Gross Margin
71.93%
TTM
Net Earnings
$76.44M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
172.99%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$576.6M
Q4 2024
Cash
Q4 2024
P/E
45.00
Nov 29, 2024 EST
Free Cash Flow
$125.5M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $830.7M $790.7M $721.0M $614.5M $583.4M $560.4M $523.0M $448.0M $433.6M $411.4M $408.6M $382.6M $383.5M $384.3M $348.2M $76.00M $0.00 $0.00
YoY Change 5.05% 9.67% 17.34% 5.32% 4.1% 7.16% 16.73% 3.32% 5.41% 0.69% 6.77% -0.23% -0.2% 10.37% 358.16%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $830.7M $790.7M $721.0M $614.5M $583.4M $560.4M $523.0M $448.0M $433.6M $411.4M $408.6M $382.6M $383.5M $384.3M $348.2M $76.00M $0.00 $0.00
Cost Of Revenue $225.1M $201.1M $150.4M $142.7M $145.1M $142.9M $44.45M $44.29M $40.81M $54.57M $59.35M $60.94M $71.18M $134.2M $37.60M $0.00
Gross Profit $565.6M $519.9M $464.1M $440.7M $415.3M $380.1M $403.6M $389.4M $370.6M $354.0M $323.3M $322.6M $313.1M $213.9M $38.40M $0.00
Gross Profit Margin 71.53% 72.1% 75.53% 75.53% 74.1% 72.68% 90.08% 89.79% 90.08% 86.64% 84.49% 84.11% 81.48% 61.43% 50.53%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Selling, General & Admin $168.2M $143.7M $123.5M $100.5M $90.05M $93.17M $97.85M $84.41M $82.55M $81.45M $78.64M $75.22M $67.59M $65.68M $66.70M $17.00M $500.0K $0.00
YoY Change 17.03% 16.36% 22.92% 11.57% -3.34% -4.78% 15.92% 2.24% 1.36% 3.57% 4.54% 11.29% 2.9% -1.53% 292.35% 3300.0%
% of Gross Profit 25.41% 23.76% 21.65% 20.43% 22.43% 25.74% 20.91% 21.2% 21.98% 22.21% 23.27% 20.95% 20.98% 31.18% 44.27%
Research & Development $28.42M $20.27M $16.22M $11.89M $12.04M $14.31M $22.43M $15.25M $16.08M $16.14M $17.59M $11.15M $15.53M $18.68M $19.20M $6.000M $0.00
YoY Change 40.22% 24.98% 36.46% -1.26% -15.88% -36.2% 47.1% -5.17% -0.4% -8.2% 57.75% -28.19% -16.91% -2.69% 220.0%
% of Gross Profit 3.58% 3.12% 2.56% 2.73% 3.45% 5.9% 3.78% 4.13% 4.36% 4.97% 3.45% 4.81% 5.97% 8.98% 15.63%
Depreciation & Amortization $203.1M $320.0M $303.5M $305.4M $303.2M $297.7M $218.2M $122.3M $49.39M $51.83M $72.77M $74.98M $81.11M $97.65M $90.70M $22.40M $0.00
YoY Change -36.52% 5.44% -0.64% 0.74% 1.84% 36.43% 78.47% 147.53% -4.71% -28.77% -2.95% -7.56% -16.93% 7.66% 304.91%
% of Gross Profit 56.58% 58.38% 65.81% 68.79% 71.68% 57.41% 30.29% 12.69% 13.99% 20.56% 23.19% 25.14% 31.18% 42.4% 58.33%
Operating Expenses $196.6M $164.0M $139.7M $112.4M $102.1M $107.5M $120.3M $99.65M $98.63M $337.6M $285.6M $272.8M $278.4M $307.3M $176.6M $45.40M $500.0K $0.00
YoY Change 19.9% 17.36% 24.35% 10.06% -5.01% -10.64% 20.7% 1.04% -70.78% 18.18% 4.73% -2.04% -9.39% 74.01% 288.99% 8980.0%
Operating Profit $200.4M $81.63M $76.68M $46.31M $35.48M $10.12M $41.65M $115.5M $176.4M $73.80M $122.9M $109.9M $105.1M $77.00M $37.30M -$7.000M -$500.0K
YoY Change 145.48% 6.45% 65.56% 30.52% 250.62% -75.7% -63.93% -34.53% 138.98% -39.95% 11.85% 4.59% 36.46% 106.44% -632.86% 1300.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Interest Expense $14.70M $14.70M -$66.58M -$73.91M -$94.30M -$115.4M -$69.70M $86.70M $77.70M $64.60M $50.80M $583.0K $114.0K $42.00K $600.0K -$32.90M $5.600M $0.00
YoY Change 0.0% -122.08% -9.91% -21.63% -18.28% 65.57% -180.39% 11.58% 20.28% 27.17% 8613.55% 411.4% 171.43% -93.0% -101.82% -687.5%
% of Operating Profit 7.34% 18.01% -86.84% -159.58% -265.76% -1140.32% -167.33% 75.08% 44.05% 87.53% 41.33% 0.53% 0.11% 0.05% 1.61%
Other Income/Expense, Net -$90.60M -$86.38M -$67.67M -$75.20M -$124.4M -$228.2M -$62.30M $4.096M $1.794M -$688.0K -$6.459M $571.0K -$10.06M -$11.42M -$3.400M $0.00 $0.00
YoY Change 4.89% 27.65% -10.02% -39.57% -45.48% 266.34% -1621.04% 128.32% -360.76% -89.35% -1231.17% -105.68% -11.94% 235.88%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Pretax Income $109.8M -$4.747M $9.014M -$28.89M -$88.96M -$218.1M -$20.65M $119.6M $178.2M $73.12M $116.5M $110.5M $95.02M $65.58M $34.60M -$46.00M $3.000M $0.00
YoY Change -2412.7% -152.66% -131.2% -67.53% -59.21% 956.32% -117.27% -32.89% 143.68% -37.21% 5.42% 16.26% 44.89% 89.54% -175.22% -1633.33%
Income Tax $12.26M -$26.25M $292.0K -$19.57M -$32.91M -$56.12M -$7.265M -$114.3M $67.13M $65.99M $41.46M $47.95M $30.39M $24.55M $14.70M -$3.800M $1.400M $0.00
% Of Pretax Income 11.17% 3.24% -95.58% 37.68% 90.26% 35.61% 43.41% 31.98% 37.43% 42.49% 46.67%
Net Earnings $112.8M $15.42M $8.722M -$9.319M -$56.05M -$162.0M -$13.38M $233.9M $111.0M $7.123M $74.99M $62.52M $64.63M $41.04M $19.90M -$42.20M $1.700M $0.00
YoY Change 631.6% 76.74% -193.59% -83.37% -65.4% 1110.39% -105.72% 110.62% 1458.78% -90.5% 19.95% -3.27% 57.5% 106.21% -147.16% -2582.35%
Net Earnings / Revenue 13.58% 1.95% 1.21% -1.52% -9.61% -28.91% -2.56% 52.19% 25.6% 1.73% 18.35% 16.34% 16.85% 10.68% 5.72% -55.53%
Basic Earnings Per Share $0.95 $0.12 $0.07 -$0.07 -$0.42 -$1.33 -$0.22 $2.23 $1.00 -$0.09 $0.71 $0.72 $0.85 $0.57
Diluted Earnings Per Share $0.94 $0.12 $0.07 -$69.79K -$420.2K -$1.33 -$0.22 $1.82 $0.89 -$0.09 $0.69 $0.71 $0.83 $0.56 $272.6K -$781.5K $39.26K $0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash & Short-Term Investments $71.87M $168.8M $320.9M $244.7M $223.6M $273.4M $297.6M $410.5M $389.0M $472.4M $263.0M $254.4M $136.4M $119.9M $147.2M $100.0K $200.0K
YoY Change -57.42% -47.41% 31.15% 9.44% -18.22% -8.13% -27.5% 5.53% -17.65% 79.62% 3.38% 86.51% 13.76% -18.55% 147100.0% -50.0%
Cash & Equivalents $39.34M $152.5M $292.4M $208.0M $209.6M $252.5M $252.0M $266.5M $118.7M $105.5M $88.80M $254.4M $136.4M $119.9M $147.2M $100.0K $200.0K
Short-Term Investments $0.00 $9.600M $0.00 $21.60M $41.80M $203.3M $280.1M $88.10M $0.00
Other Short-Term Assets $13.28M $15.39M $11.04M $9.500M $10.70M $18.30M $25.30M $30.70M $13.10M $21.60M $22.30M $26.00M $14.00M $10.80M $6.400M $0.00 $0.00
YoY Change -13.68% 39.32% 16.24% -11.21% -41.53% -27.67% -17.59% 134.35% -39.35% -3.14% -14.23% 85.71% 29.63% 68.75%
Inventory $91.14M $39.78M $29.04M $32.50M $39.90M $27.50M $20.10M $18.20M $27.90M $28.40M $29.50M $26.30M $15.10M $16.70M $25.70M $0.00
Prepaid Expenses
Receivables $94.80M $82.27M $63.41M $61.20M $68.70M $71.20M $68.00M $57.40M $51.70M $50.70M $54.80M $56.10M $57.40M $50.30M $41.20M $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.300M $4.300M $11.10M $500.0K $0.00
Total Short-Term Assets $271.1M $306.2M $424.4M $347.8M $342.9M $390.4M $411.1M $516.8M $481.7M $573.1M $369.6M $367.2M $227.2M $208.7M $220.9M $100.0K $200.0K
YoY Change -11.47% -27.85% 22.03% 1.43% -12.17% -5.04% -20.45% 7.29% -15.95% 55.06% 0.65% 61.62% 8.86% -5.52% 220800.0% -50.0%
Property, Plant & Equipment $2.212B $2.450B $2.683B $2.941B $3.208B $3.371B $3.210B $2.813B $2.444B $1.972B $1.576B $1.211B $843.1M $566.5M $401.7M $0.00
YoY Change -9.73% -8.67% -8.79% -8.31% -4.84% 5.01% 14.12% 15.12% 23.93% 25.15% 30.14% 43.6% 48.83% 41.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $67.13M $49.85M $401.8M $0.00
YoY Change 34.66%
Other Assets $70.58M $105.1M $29.68M $26.60M $25.80M $204.5M $110.8M $124.0M $99.30M $230.3M $220.2M $180.9M $133.3M $88.60M $16.60M $1.200M $300.0K
YoY Change -32.88% 254.26% 11.58% 3.1% -87.38% 84.57% -10.65% 24.87% -56.88% 4.59% 21.72% 35.71% 50.45% 433.73% 1283.33% 300.0%
Total Long-Term Assets $2.391B $2.648B $2.756B $3.013B $3.281B $3.624B $3.371B $2.983B $2.590B $2.337B $1.940B $1.549B $1.147B $838.7M $605.5M $403.1M $300.0K
YoY Change -9.71% -3.94% -8.52% -8.16% -9.47% 7.5% 13.01% 15.19% 10.82% 20.43% 25.25% 35.06% 36.76% 38.51% 50.21% 134266.67%
Total Assets $2.662B $2.954B $3.181B $3.361B $3.624B $4.014B $3.782B $3.500B $3.071B $2.910B $2.310B $1.916B $1.374B $1.047B $826.4M $403.2M $500.0K
YoY Change
Accounts Payable $28.67M $21.37M $16.20M $14.40M $6.700M $12.90M $43.10M $11.10M $31.50M $17.70M $12.90M $13.80M $24.80M $28.10M $7.900M $0.00
YoY Change 34.15% 31.96% 12.47% 114.93% -48.06% -70.07% 288.29% -64.76% 77.97% 37.21% -6.52% -44.35% -11.74% 255.7%
Accrued Expenses $54.83M $67.96M $48.12M $49.50M $57.10M $86.40M $47.20M $38.00M $33.10M $48.00M $47.20M $32.10M $35.60M $55.30M $56.40M $1.600M $200.0K
YoY Change -19.33% 41.23% -2.78% -13.31% -33.91% 83.05% 24.21% 14.8% -31.04% 1.69% 47.04% -9.83% -35.62% -1.95% 3425.0% 700.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.50M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.20M $0.00 $0.00 $300.0K
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due $15.00M $16.50M $16.50M $16.80M $10.90M $126.0M
YoY Change -9.09% 0.0% -1.79% 54.13% -91.35%
Total Short-Term Liabilities $131.6M $141.6M $108.8M $113.1M $113.8M $262.7M $214.2M $83.20M $101.6M $102.4M $101.5M $88.70M $95.90M $133.8M $88.90M $12.90M $500.0K
YoY Change -7.08% 30.08% -3.77% -0.62% -56.68% 22.64% 157.45% -18.11% -0.78% 0.89% 14.43% -7.51% -28.33% 50.51% 589.15% 2480.0%
Long-Term Debt $1.467B $1.471B $1.582B $1.597B $1.766B $1.830B $1.618B $1.657B $1.389B $1.291B $1.039B $751.8M $417.1M $135.1M $0.00 $0.00 $0.00
YoY Change -0.22% -7.01% -0.96% -9.55% -3.51% 13.08% -2.35% 19.32% 7.54% 24.27% 38.23% 80.24% 208.73%
Other Long-Term Liabilities $59.99M $61.63M $68.22M $76.50M $96.40M $78.80M $107.1M $53.90M $55.20M $39.00M $26.80M $31.50M $32.60M $23.20M $16.70M $0.00 $0.00
YoY Change -2.65% -9.66% -10.83% -20.64% 22.34% -26.42% 98.7% -2.36% 41.54% 45.52% -14.92% -3.37% 40.52% 38.92%
Total Long-Term Liabilities $1.527B $1.532B $1.650B $1.673B $1.862B $1.909B $1.725B $1.711B $1.444B $1.330B $1.066B $783.3M $449.7M $158.3M $16.70M $0.00 $0.00
YoY Change -0.32% -7.12% -1.41% -10.12% -2.44% 10.62% 0.83% 18.49% 8.54% 24.8% 36.09% 74.18% 184.08% 847.9%
Total Liabilities $1.774B $1.825B $1.893B $1.942B $2.164B $2.413B $2.186B $2.156B $1.843B $1.678B $1.370B $1.040B $672.2M $392.5M $198.9M $12.90M $500.0K
YoY Change -2.84% -3.56% -2.51% -10.29% -10.3% 10.39% 1.38% 17.01% 9.82% 22.44% 31.78% 54.69% 71.26% 97.34% 1441.86% 2480.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $3.4393 Billion

About Iridium Communications Inc.

Iridium Communications, Inc. engages in the provision of global satellite communications services and products. The company is headquartered in Mclean, Virginia and currently employs 760 full-time employees. The company went IPO on 2008-02-15. The firm is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. The company provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure. The company utilizes an interlinked mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. The company serves market, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction, railways and other transportation. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems and Internet of Things Data Devices.

Industry: Communications Equipment, NEC Peers: Anterix Inc. AST SpaceMobile, Inc. Bandwidth Inc. Lumen Technologies, Inc. Charge Enterprises, Inc. COGENT COMMUNICATIONS HOLDINGS, INC. EchoStar CORP Globalstar, Inc. Liberty Latin America Ltd.