Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.
CEO: Matthew J. Desch. Company website
Iridium Communications Inc. (IRDM) trades at $46.77, down 1.50% on the day, as of Sep 20, 2026 14:58 UTC.
Iridium Communications Inc. has a market capitalisation of $4.96B, calculated from the live IRDM share price and shares outstanding.
IRDM trades at a trailing P/E of 53.15, from earnings per share of $0.88 over the last twelve months.
Iridium Communications Inc. generated revenue of $884.17M over the trailing twelve months, which puts the stock at 5.60 times sales.
Yes. Iridium Communications Inc. pays a dividend yielding 3.02% on the current share price.
IRDM has traded between $15.65 and $57.18 over the past 52 weeks, and the last price is 18.2% below that high.
Yes. Iridium Communications Inc. keeps 10.55% of revenue as net income over the trailing twelve months.
Wall Street analysts rate IRDM Buy, with an average price target of $49.75, 6.4% above the current price.
Iridium Communications Inc. is classified under the Communication Services sector and the Telecommunications Services industry, and is domiciled in US.
Matthew J. Desch is the chief executive of Iridium Communications Inc., which employs 975 people.
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