secwatch.observer — SEC 8-K summary
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Issuer:     Iridium Communications Inc. (IRDM)
CIK:        0001418819
Form:       8-K
Filed at:   2026-07-22T11:01:11+00:00
Accession:  0001418819-26-000046
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418819/000141881926000046/0001418819-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418819/000141881926000046/irdm-20260722.htm
  HTML page:      https://secwatch.observer/filing/0001418819-26-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer