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.