Iridium Communications Inc. balance sheet IRDM

Annual Quarterly

As of Sep 30, 2026, Iridium Communications Inc. had total assets of $3.1 billion and total liabilities of $2.5 billion. Total assets were up 20.7% from a year earlier. Stockholders' equity was $577.0 million. Cash and investments were $97.9 million. The current ratio, current assets divided by current liabilities, was 0.91.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Line	Q3 FY2026 Sep 30, 2026	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q4 FY2024 Dec 31, 2024
Assets
Cash	98 +10.5%	184 +132.3%	112 +119.3%	97 +3.2%	89 -44.5%	79 +24.8%	51 -70.8%	94 +30.1%
Cash and investments	98 +10.5%	184 +132.3%	112 +119.3%	97 +3.2%	89 -44.5%	79 +24.8%	51 -70.8%	94 +30.1%
Receivables	119 +25.8%	105 +29.0%	104 -1.0%	94 -5.1%	94 -2.0%	81 -15.7%	105 +13.4%	99 +7.7%
Inventory	63 -17.9%	63 -18.0%	70 -13.7%	74 -9.3%	76 -7.3%	77 -9.8%	81 -12.8%	81 -10.8%
Total current assets	307 +11.1%	377 +47.6%	309 +20.4%	277 -5.5%	276 -22.2%	255 -3.4%	257 -31.9%	293 +8.0%
Property and equipment, net	2,062 +3.4%	1,927 -4.6%	1,953 -4.7%	1,978 -4.9%	1,993 -5.1%	2,019 -5.0%	2,051 -5.0%	2,081 -5.2%
Goodwill	266 +169.0%	99 +0.0%	99 +0.0%	99 +0.8%	99 -1.4%	99 -1.4%	99	98
Total assets	3,082 +20.7%	2,565 -0.1%	2,532 -3.0%	2,531 -5.3%	2,554 -7.2%	2,568 -5.5%	2,610 -4.6%	2,671 +0.4%
Liabilities and equity
Accounts payable	9 -32.9%	12 -0.3%	12 +3.0%	18 -10.3%	13 -3.0%	12 -23.1%	11 -49.4%	20 -31.2%
Total current liabilities	337 +226.7%	136 +33.1%	108 -16.1%	112 -34.0%	103 -23.7%	102 -13.4%	129 +14.4%	169 +28.6%
Total liabilities	2,505 +19.1%	2,093 -0.1%	2,064 -1.3%	2,068 -1.3%	2,104 +0.8%	2,094 +8.5%	2,092 +11.1%	2,095 +18.1%
Stockholders' equity	577 +28.1%	473 -0.2%	468 -9.7%	463 -19.8%	450 -32.1%	474 -39.8%	518 -39.3%	577 -35.1%
Debt
Debt due within a year	—	—	—	3 -89.7%	—	—	—	33 +120.8%
Long-term debt	—	—	—	1,757 -0.0%	—	—	—	1,758 +19.8%
Lease liabilities	—	—	—	30 +88.8%	—	—	—	16 -12.6%
Total debt	—	—	—	1,791 -0.9%	—	—	—	1,807 +20.4%
Net cash	—	—	—	-1,694 +1.1%	—	—	—	-1,713 -19.9%
Ratios
Current ratio	0.91x	2.78x	2.85x	2.48x	2.67x	2.51x	1.99x	1.73x
Debt to equity	—	—	—	3.87x	—	—	—	3.13x
Debt to EBITDA	—	—	—	4.01x	—	—	—	4.48x
Return on equity	28.26%	19.74%	22.54%	24.72%	27.94%	23.89%	23.83%	19.56%
Return on assets	5.29%	3.64%	4.17%	4.52%	4.93%	4.41%	4.73%	4.22%
Book value per share	—	—	—	—	—	—	—	5.23

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Communications Services, NEC (SIC 4899)
Listed as: IRDM (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Mclean, VA
SEC filer status: Large accelerated filer
SEC CIK: 1418819
Former names: GHL Acquisition Corp. (until Sep 25, 2009)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.