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Iridium Communications stock had an after-hours price of $23.01 on February 13, representing a 0.69% decrease from the close.
Iridium’s voice and data service revenue was $232 million in 2025, up 3% year over year.
Iridium reported total service revenue of $634 million in 2025, up 3% over 2024.
Iridium’s L-band spectrum has significant value and the company will consider business alliances that leverage its spectrum assets to maximize shareholder value.
Iridium’s broadband revenue declined 10% to $51 million in 2025, with broadband increasingly used in lower-priced companion plans and trending toward a backup option rather than a primary service.
Iridium added 40 new IoT partners in 2025.
Iridium’s IoT data revenue was $181 million in 2025, up 9% year over year.
Iridium plans to expand its role in the aviation safety market by using satellite communications to send safety and operational data more efficiently than ground-based VHF towers.
Iridium reported total revenue of $872 million in 2025, up 5% compared to 2024.
Iridium is working to embed its PNT services directly in smartphone and other consumer device processors and to apply PNT in cybersecurity and data networks.
Iridium will soon introduce a new IoT device that sets new standards for size, cost, and flexibility.
Iridium reported pro forma free cash flow of almost $300 million in 2025.
Iridium met its 2025 guidance, achieving service revenue growth of 3%.
Iridium NTN Direct is scheduled to enter service in 2026.
Iridium is targeting IoT expansion, positioning, navigation and timing (PNT) capabilities, national security work, and aviation systems as key growth areas.
Iridium is projecting flat to 2% service revenue growth for 2026.
Iridium CTO Greg Pelton argued that trying to deliver service without dedicated global spectrum is inefficient for LEO satellite operators.
Global navigation satellite systems (GNSS), satellite-based augmentation systems (SBAS), and commercial LEO PNT solutions such as Iridium and Xona operate in L-band.
Logos Space entered into a binding technical compatibility agreement with Iridium in January for planned operations in the 23.18–23.38 GHz band.
ApophisExL will test specialized instrumentation for asteroid prospecting to survey the body for precious metals such as platinum and iridium.