Iridium Q2 revenue $225.2M (+4% YoY); net income $9.7M; Rocket Lab acquisition expected mid-2027

Iridium Communications Inc.

2026-Q2 EPS reported $0.29 revenue$444,294,000

Total revenue $225.2M (+4% YoY); service revenue 72% of total, up 4%.
Net income $9.7M ($0.09 diluted EPS) vs $22.0M ($0.20) in Q2 2025; OEBITDA $119.1M vs $121.3M.
Total billable subscribers 2.627M (+6% YoY); commercial IoT subscribers up 9%.
Pending acquisition by Rocket Lab expected to close mid-2027; no conference calls or guidance updates.
Closed Aireon acquisition July 2, 2026 for ~$366.7M; expects additional $100M service revenue and $30M OEBITDA annualized.

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