---
schema_version: "secwatch.filing_event.v1"
accession: "0001418819-26-000008"
form_type: "8-K"
ticker: "IRDM"
cik: "0001418819"
company_name: "Iridium Communications Inc."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T02:58:21.461736+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Iridium 2025 revenue up 5% to $871.7M; Q4 EPS $0.24 vs $0.32; 2026 OEBITDA guided $480-490M

## Summary
- 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.

## SEC filing metadata
- accession: 0001418819-26-000008
- form_type: 8-K
- ticker: IRDM
- cik: 0001418819
- company_name: Iridium Communications Inc.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418819/000141881926000008/0001418819-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418819/000141881926000008/irdm-20260212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001418819-26-000008
- JSON: https://secwatch.observer/filing/0001418819-26-000008.json
- Plain text: https://secwatch.observer/filing/0001418819-26-000008.txt

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