Iridium Communications Inc (IRDM · NASDAQ)
IRDM · MARKET VIEW
Market view · as of Jul 6, 2026
Revenue (TTM)
$875.8M
+1.9% YoY
Gross margin
71.6%
EPS (latest q)
$0.20
vs $0.28 est · miss
52-wk position
95.1%
-3.5% vs 52w high · +10.1% 1mo
Price (last ~year)
Rocket Lab has announced a definitive agreement to acquire Iridium Communications in a cash-and-stock transaction valued at approximately $8 billion. Iridium, which holds a $5.70 billion market capitalization, reported $875.8 million in TTM revenue and $219.1 million in revenue for the quarter ending March 31, 2026. The company carries $1.76 billion in total debt and recorded a net income of $21.6 million for the most recent quarter, with shares gaining 61.3% over the past three months.
Valuation
- Market cap
- $5.70B
- P/E
- 54.29
- PEG
- 2.584
- P/B
- 12.16
- P/S
- 6.5
- EV/EBITDA
- 16.8
- Beta
- 0.879
- Analyst target
- $45
Quality & returns
- Gross margin
- 71.6%
- Operating margin
- 23.2%
- Profit margin
- 12.0%
- ROE
- 21.4%
- ROA
- 5.5%
Price movement
- Last
- $53.75
- 1-month
- +10.1%
- 3-month
- +61.3%
- RSI (14)
- 57
- vs SMA200
- +98.3%
- 52-wk position
- 95.1% -3.5% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-03-31 | $219.1M | $50.7M | $21.6M | $104.3M |
| 2025-12-31 | $212.9M | $55.2M | $24.9M | $106.7M |
| 2025-09-30 | $226.9M | $70.1M | $37.1M | $125.1M |
| 2025-06-30 | $216.9M | $50.3M | $22.0M | $104.2M |
Recent news
- Somewhat-Bullish Rocket Lab to acquire Iridium in an $8 billion deal, gaining a global satellite network and rare spectrum · 2026-07-03
- Bullish Rocket Lab to Acquire Iridium in Historic Deal, Creating A Fully Vertically Integrated Space Powerhouse Primed for Growth · 2026-07-03
- Somewhat-Bullish Rocket Lab To Acquire Global Satellite Service Iridium · 2026-07-03
- Bullish Iridium to Be Acquired by Rocket Lab in Vertically Integrated Space Deal · 2026-07-03
- Somewhat-Bearish Iridium Communications Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Iridium Communications Inc. - IRDM · 2026-07-02
- Somewhat-Bullish RKLB CEO Echoes SpaceX's Satellite Connectivity Market Projections After $8B Iridium Deal — ‘It Generally Starts With A T’ · 2026-07-02
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)