earnings
confidence high
sentiment neutral
materiality 0.60
Iridium 2025 revenue up 5% to $871.7M; Q4 EPS $0.24 vs $0.32; 2026 OEBITDA guided $480-490M
Iridium Communications Inc.
2025-FY EPS
reported $1.06
vs consensus $0.24
▲ beat
(+338.7%)
- Full-year 2025 net income $114.4M ($1.06 diluted EPS), up from $112.8M ($0.94) in 2024; OEBITDA $495.3M (+5%).
- Q4 net income $24.9M ($0.24) vs $36.3M ($0.32) YoY; OEBITDA $115.3M (-2%).
- Commercial IoT subscribers up 6% YoY to 1,998,000; total billable subscribers 2,537,000 (+3%).
- 2026 outlook: service revenue growth flat to 2%; OEBITDA $480-490M ($17M cash comp impact); net leverage target ≤3.0x.
- Repurchased ~6.8M shares for $185M in 2025; $245.3M remains under buyback program through 2027.
item 2.02item 9.01