Iridium Communications Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $871.7M | $830.7M | $790.7M | $721.0M | $614.5M | $583.4M | $560.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | $19.8M | $28.4M | $20.3M | $16.2M | $11.9M | $12.0M | $14.3M |
| SG&A Expense | — | $157.7M | $168.2M | $143.7M | $123.5M | $100.5M | $90.1M | $93.2M |
| Operating Income | — | $236.0M | $200.4M | $81.6M | $76.7M | $46.3M | $35.5M | $10.1M |
| Operating Margin | — | 27.1% | 24.1% | 10.3% | 10.6% | 7.5% | 6.1% | 1.8% |
| Interest Expense | — | $14.7M | $14.7M | $14.7M | — | — | — | — |
| Pretax Income | — | $144.8M | $109.8M | $-4.7M | $10.5M | $-28.9M | $-89.0M | $-218.1M |
| Income Tax Expense | — | $27.6M | $12.3M | $-26.3M | $292.0K | $-19.6M | $-32.9M | $-56.1M |
| Net Income | — | $114.4M | $112.8M | $15.4M | $8.7M | $-9.3M | $-56.1M | $-162.0M |
| Net Margin | — | 13.1% | 13.6% | 1.9% | 1.2% | -1.5% | -9.6% | -28.9% |
| EPS (Basic) | — | $1.07 | $0.95 | $0.12 | $0.07 | $-0.07 | $-0.42 | $-1.33 |
| EPS (Diluted) | — | $1.06 | $0.94 | $0.12 | $0.07 | $-0.07 | $-0.42 | $-1.33 |
| Shares Outstanding (Basic) | 105.0M | 107.2M | 118.6M | 125.6M | 128.3M | 133.5M | 133.5M | 125.2M |
| Shares Outstanding (Diluted) | 105.0M | 107.8M | 119.8M | 127.2M | 130.1M | 133.5M | 133.5M | 125.2M |
| Dividends Per Share | — | — | — | $0.13 | — | — | — | — |