The earnings call revealed a balanced mix of positive and negative aspects. While there was strong operational EBITDA growth and advancements in IoT and government services, the company faced challenges with reduced service revenue growth outlook and declines in certain segments such as commercial broadband and subscriber equipment sales.

Company Guidance -

Q3 2025

During the Iridium Communications Second Quarter 2025 Earnings Conference Call, the company provided guidance on several financial metrics. They are on track for a 5% operational EBITDA growth at the midpoint of their guidance, though they adjusted their service revenue growth outlook to between 3% and 5% for the year. This adjustment is primarily due to a faster-than-expected transition in maritime broadband services, reductions in voice subscribers due to canceled USAID funding, and delays in positioning, navigation, and timing (PNT) revenue, now expected in 2026. The company remains confident in its long-term goal of achieving $1 billion in service revenue by 2030, driven by investments in new products and services such as Iridium Certus IoT and Iridium NTN Direct. The company also highlighted growing opportunities in IoT, government contracts, and partnerships, emphasizing continued growth in certified devices and the addition of nearly 50 new business relationships since the start of 2025. Despite challenges, Iridium's diverse portfolio positions them well for future growth across various sectors.

Operational EBITDA Growth

Operational EBITDA was up 6% in the second quarter to $121.3 million, driven by a combination of revenue from engineering and support and recurring services.

Commercial IoT Revenue Growth

Commercial IoT revenue totaled $44.8 million in the second quarter, up 8% from a year earlier, reflecting broad-based adoption of IoT services.

Government Service Revenue Increase

Government Service revenue was up modestly in the second quarter to $26.8 million, reflecting the step-up in the EMSS contract with the U.S. government.

Strong Engineering and Support Revenue

Engineering and support revenue was $41.9 million in the second quarter, a strong increase from $25.8 million in the prior year period, driven by work with the Space Development Agency and new U.S. contract awards.

Ongoing Share Buyback and Dividend Increase

Iridium retired approximately 2.6 million shares of common stock during the second quarter, with a Board-approved authorization balance of $295 million. Quarterly dividends increased to $0.15 per share.

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)	0.28 / -	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
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%
Jul 23, 2024	$25.41	$27.25	+7.24%

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 0.28.

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