---
schema_version: "secwatch.filing_event.v1"
accession: "0001418819-25-000008"
form_type: "8-K"
ticker: "IRDM"
cik: "0001418819"
company_name: "Iridium Communications Inc."
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:29:02.965545+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Iridium Q3 revenue $226.9M, net income $37.1M; updates FY2025 outlook

## Summary
- Total revenue $226.9M (+7% YoY); service revenue $165.2M (+3%); equipment $21.5M, engineering $40.2M.
- Net income $37.1M ($0.35 diluted EPS) vs $24.4M ($0.21) in Q3 2024; OEBITDA $136.6M (+10% YoY).
- Total billable subscribers 2,542,000 (+2% YoY); commercial IoT subscribers up 5% to 1,991,000.
- FY2025 guidance: service revenue growth ~3% (prev 3-5%); OEBITDA $495-500M (prev $490-500M).
- Cash taxes <$10M/yr through 2027 (prev through 2026); net leverage target <3.5x in 2025, <2.0x by decade end.

## SEC filing metadata
- accession: 0001418819-25-000008
- form_type: 8-K
- ticker: IRDM
- cik: 0001418819
- company_name: Iridium Communications Inc.
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418819/000141881925000008/0001418819-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418819/000141881925000008/irdm-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001418819-25-000008
- JSON: https://secwatch.observer/filing/0001418819-25-000008.json
- Plain text: https://secwatch.observer/filing/0001418819-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.