Iridium Communications Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $96.5M | $93.5M | $71.9M | $168.8M | $320.9M | $237.2M | $223.6M | $273.4M |
| Accounts Receivable | $93.8M | $98.8M | $91.7M | $82.3M | $63.4M | $61.2M | $68.7M | $71.2M |
| Inventory | $73.8M | $81.3M | $91.1M | $39.8M | $29.0M | $32.5M | $39.9M | $27.5M |
| Total Current Assets | $276.5M | $292.7M | $271.1M | $306.2M | $424.4M | $347.8M | $342.9M | $390.4M |
| Property, Plant & Equipment | $1.98B | $2.08B | $2.20B | $2.43B | $2.66B | $2.92B | $3.18B | $3.37B |
| Goodwill | $98.9M | $98.2M | $0 | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $86.9M | $90.9M | $41.1M | $42.6M | $44.0M | $45.5M | $47.0M | $48.5M |
| Total Assets | $2.53B | $2.67B | $2.66B | $2.95B | $3.18B | $3.36B | $3.62B | $4.01B |
| Liabilities | ||||||||
| Accounts Payable | $17.7M | $19.7M | $28.7M | $21.4M | $16.2M | $14.4M | $6.7M | $12.9M |
| Total Current Liabilities | $111.7M | $169.2M | $131.6M | $141.6M | $108.8M | $113.1M | $113.8M | $262.7M |
| Long-Term Debt | $1.76B | $1.76B | $1.47B | $1.47B | $1.58B | $1.60B | $1.77B | $1.83B |
| Total Liabilities | $2.07B | $2.09B | $1.77B | $1.83B | $1.89B | $1.94B | $2.16B | $2.41B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-418.6M | $-406.1M | $-235.4M | $-47.7M | $140.8M | $275.9M | $332.0M | $501.7M |
| Total Stockholders' Equity | $462.6M | $576.6M | $888.1M | $1.13B | $1.29B | $1.42B | $1.46B | $1.60B |