---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-005300"
form_type: "8-K"
ticker: "IRDM"
cik: "0001418819"
company_name: "Iridium Communications Inc."
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:11:28.507686+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Iridium Q4 2024: revenue $213M (+9% YoY), OEBITDA $117.1M; returns $469M to shareholders in 2024

## Summary
- Q4 net income $36.3M ($0.32 diluted EPS) vs $38M ($0.30) YoY; full-year net income $112.8M ($0.94) vs $15.4M ($0.12).
- Q4 total revenue $213M (+9% YoY); service revenue $154M (+4%); commercial IoT revenue $41.4M (+15%) to 1.887M subscribers.
- Full-year OEBITDA $470.6M (+2% vs $463.1M); returned record $469M to shareholders via dividends and share repurchases.
- 2025 outlook: service revenue growth 5-7%; OEBITDA $490-500M; net leverage 3.6x OEBITDA at Dec 2024.
- Total billable subscribers 2.46M (+8% YoY); commercial IoT subscribers grew 10% to 1.887M.

## SEC filing metadata
- accession: 0001628280-25-005300
- form_type: 8-K
- ticker: IRDM
- cik: 0001418819
- company_name: Iridium Communications Inc.
- filed_at: 2025-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418819/000162828025005300/0001628280-25-005300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418819/000162828025005300/irdm-20250213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-005300
- JSON: https://secwatch.observer/filing/0001628280-25-005300.json
- Plain text: https://secwatch.observer/filing/0001628280-25-005300.txt

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