The earnings call presented a mixed outlook, with strong operational EBITDA growth, new partnerships, and positive developments in IoT and government collaborations. However, these were offset by downward adjustments in service revenue growth, declines in commercial broadband revenue, and delays in PNT revenue. The company remains optimistic about future growth, driven by new products and partnerships, despite current challenges.

Company Guidance

In the second quarter of 2025, Iridium Communications provided guidance indicating a 5% operational EBITDA growth at the midpoint of their guidance for the year. However, they adjusted their service revenue growth outlook to 3% to 5%, down from the previous 5% to 7%, due to factors such as the maritime broadband transition, reductions in voice subscribers, and delays in PNT revenue expected to come in 2026. Despite these changes, they remain on track for their $1 billion service revenue target by 2030, driven by investments in D2D, PNT, and IoT products. Iridium reported $121.3 million in operational EBITDA, a 6% increase from the previous year, with service revenue at $128.8 million, up by 2%, led by IoT growth. Capital expenditures are projected to reach $90 million for 2025, and net leverage is expected to be below 2x by 2030 as they continue their buyback program and dividend payments.

Operational EBITDA Growth

Operational EBITDA increased by 6% in Q2 2025, reaching $121.3 million, driven by engineering, support, and recurring services.

Commercial IoT Revenue Increase

Commercial IoT revenue grew by 8% from the previous year to $44.8 million, reflecting broad-based adoption of IoT services.

Engineering and Support Revenue Surge

Engineering and support revenue rose significantly to $41.9 million in Q2 2025 from $25.8 million in the prior year, driven by new contracts.

New Partnerships and Product Expansions

Iridium added nearly 50 new business relationships in 2025 and certified 35 new devices, enhancing its partner ecosystem and product offerings.

U.S. Government Collaboration

Iridium's relationship with the U.S. government remains strong, with new contracts and growing engineering and support revenue.

Dividend Increase

Iridium announced a 5% increase in the quarterly dividend rate, reflecting confidence in business opportunities and free cash flow generation.

Iridium Communications (IRDM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

IRDM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 16, 2025	2025 (Q3)	0.26 / -	0.21	―	―	―
Jul 24, 2025	2025 (Q2)	0.24 / 0.20	0.27	-25.93% (-0.07)	―
Apr 22, 2025	2025 (Q1)	0.22 / 0.27	0.16	68.75% (+0.11)	―
Feb 13, 2025	2024 (Q4)	0.16 / 0.32	0.3	6.67% (+0.02)	―
Oct 17, 2024	2024 (Q3)	0.20 / 0.21	-0.01	2200.00% (+0.22)	―
Jul 23, 2024	2024 (Q2)	0.17 / 0.27	-0.24	212.50% (+0.51)	―
Apr 18, 2024	2024 (Q1)	0.13 / 0.16	0.08	100.00% (+0.08)	―
Feb 15, 2024	2023 (Q4)	0.02 / 0.30	-0.01	3100.00% (+0.31)	―
Oct 19, 2023	2023 (Q3)	0.04 / -0.01	0.02	-150.00% (-0.03)	―
Jul 25, 2023	2023 (Q2)	0.04 / -0.24	0.04	-700.00% (-0.28)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

IRDM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$32.43	$25.26	-22.11%
Apr 22, 2025	$23.09	$21.51	-6.84%
Feb 13, 2025	$27.45	$31.68	+15.41%
Oct 17, 2024	$29.76	$33.08	+11.16%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Iridium Communications Inc (IRDM) report earnings?

Iridium Communications Inc (IRDM) is schdueled to report earning on Oct 16, 2025, Before Open (Confirmed).

What is Iridium Communications Inc (IRDM) earnings time?

Iridium Communications Inc (IRDM) earnings time is at Oct 16, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is IRDM EPS forecast?

IRDM EPS forecast for the fiscal quarter 2025 (Q3) is 0.26.

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