# Iridium Communications share price today (Iridium Communications Inc., IRDM) > Iridium Communications Inc.'s results are improving, while its P/E is near the low end of its own history over 4.1 years, higher than only 24% of past readings. IRDM · Communication Services · Telecom Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/irdm Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from the last 12 quarters - Price: $43.87 (+129.1% in a year) - P/E: 28.8× (lower than 76% of the last 4.1 years) - Revenue (Sep 2026): $246 M (+8.3% on a year ago) - Profit (Sep 2026): $107 M (+187.9% on a year ago) - Operating margin: 12.9% (−18.0 points on a year ago) - ROE: 25%, FY25 - ROIC: 6.4%, against a 7.2% cost of capital: −0.8 points The main question: the share price moved +129.1% in a year while yearly earnings per share moved +12.8%. The difference came from the market paying a higher multiple. ## What is the Iridium Communications share price today? Iridium Communications Inc.'s share price was $43.87 at the close on 3 November 2026. It has been rising for 22 weeks. That is 9.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between $16 and $54, and at that close it sat 74% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 6 weeks running. Over the last 10 years the share price moved +393% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Iridium Communications pay? Iridium Communications Inc. paid $0.60 per share over the last four reported quarters. The most recent declaration was $0.15 for Sep 2026. At today's price of $43.87 that is a yield of 1.37%, based on dividends already paid, not a forecast. ## Which stock lists is Iridium Communications on? Iridium Communications is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Iridium Communications profitable? Iridium Communications Inc. earned $107 M of net profit in the Sep 2026 quarter, +187.9% on the same quarter a year earlier. Full-year FY25 profit was $114 M. That is 43.5% of the quarter's revenue. The same quarter a year earlier earned $37.1 M. For the full year, FY25 profit was $114 M (+1.4% on the year before). Why profit moved: revenue changed +8.3% on a year earlier and the margin moved −18.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +17.9% and revenue +3.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Iridium Communications make, and is it growing? Iridium Communications Inc. reported $246 M of revenue in the Sep 2026 quarter, +8.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 4 years it has grown 9.1% a year on average. The last full year, FY25, came in at $872 M. The last four reported quarters add to $903 M. FY25 revenue was $872 M, +4.9% on the year before. Recent pace: the last four quarters grew +3.5% on average, against 9.1% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +3.6%, against +5.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +29.5%, against +19.3% a year (accelerating). ## How much of every $100 of sales does Iridium Communications keep? Iridium Communications Inc.'s operating margin was 12.9% in the Sep 2026 quarter, 18.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 7.5% and 27.1%. The latest quarter is within that range. Across 5 years it has been between 7.5% and 27.1%, and FY25's 27.1% is the highest of them. Why the margin moved: operating margin changed −18.0 percentage points on the year while gross margin changed −1.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Iridium Communications' profit turning into cash? Over the last 3 years, 450% of Iridium Communications Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $400 M of operating cash against $114 M of profit. After $100 M of spending on assets, $300 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Iridium Communications' cash go? Iridium Communications Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $244 M on assets over the last 3 years. Averaged over those years that is 9.3% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $244 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Iridium Communications' P/E ratio, and how does it compare with its own history? Iridium Communications Inc.'s P/E is 28.8×, near the low end of its own history: it has been lower only 24% of the time. Its usual P/E (the middle reading) is 44.0×, over 4.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +12.8% while the price moved +129.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +4.7% a year; about +130.6% a year came from earnings growth and about −125.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Iridium Communications business getting better or worse? Iridium Communications Inc.'s business is giving mixed signals. Growth has been steadily positive, but ROCE at 8.6% is below the 15% level needed to call it steady growth. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. ## How much does Iridium Communications earn on its capital? Iridium Communications Inc. earned a ROE of 25% in FY25. That is up from a low of −1% in FY21. Its return on capital used (ROIC) is 0.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 13.1% net margin and 0.34× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 13.1% net margin × 0.34× asset turnover × 5.47× leverage (assets divided by equity) ≈ 24.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 6.4% − 7.2% = −0.8 percentage points. The 7.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 6.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 8.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Iridium Communications have too much debt? Iridium Communications Inc. has total debt of $2.2 B against shareholder equity of $577 M as of Sep 2026, so its debt is 3.78× its equity. Year by year, that ratio went from 1.26 in FY21 to 3.87 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Iridium Communications shareholding pattern? 3.4% of Iridium Communications Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Iridium Communications from balance-sheet trouble? For Iridium Communications Inc., the Z-score is 1.17. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.17 is inside the danger zone, so the balance sheet is a real risk. ## How does Iridium Communications rank in its industry? 46.3 out of 100, rank 13 of 21 in Telecom Services, with 85% of the evidence available. Iridium Communications Inc. scores 46.3 out of 100 against the 21 companies it is compared with in Telecom Services, ranking 13. Relative strength against the index is 18.4%, and revenue and profit growth are weak. The four parts add up to the total exactly: 12.9 + 9.9 + 10 + 13.5 = 46.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Iridium Communications compared with? Iridium Communications ranks 13 of 21 Telecom Services companies on the 4-Factor Sector Score, with 46.3 out of 100. 1. [VEON Ltd.](https://www.sectoralpha.in/us/stocks/veon) VEON · leader · Most evidence points up · 81% evidence 65.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.2/35 · Revenue 14.7% · Profit -87.8% · Operating margin change -4 points · 83% evidence Capital efficiency 18.6/25 · ROCE 19.9% · Operating margin 25.8% · 76% evidence Valuation 11.5/20 · P/E 61.3× · PEG 0.54 · 65% evidence Relative strength 20.0/20 · Lead over its industry 45.4% · Lead over S&P 500 30.7% · 1 year 79.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 15.2 + 18.6 + 11.5 + 20 = 65.3 · What this means: Relative strength against the index is 30.7%, and revenue and profit growth are weak. 2. [Kyivstar Group Ltd.](https://www.sectoralpha.in/us/stocks/kyiv) KYIV · turning · Evidence leans up · 71% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue 23.4% · Profit -45.9% · Operating margin change -3.9 points · 83% evidence Capital efficiency 19.8/25 · ROCE 26.4% · Operating margin 36.6% · 76% evidence Valuation 9.1/20 · P/E 22.9× · PEG n/a · 15% evidence Relative strength 15.6/20 · Lead over its industry 9.8% · Lead over S&P 500 -1.7% · 1 year 9.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.1 + 19.8 + 9.1 + 15.6 = 58.6 · What this means: Relative strength against the index is -1.7%, and revenue and profit growth are weak. 3. [Verizon Communications Inc.](https://www.sectoralpha.in/us/stocks/vz) VZ · quiet · Evidence leans up · 81% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 1.4% · Profit -11.1% · Operating margin change -0.3 points · 83% evidence Capital efficiency 15.0/25 · ROCE 9.3% · Operating margin 23% · 76% evidence Valuation 14.5/20 · P/E 10.9× · PEG 0.19 · 65% evidence Relative strength 12.9/20 · Lead over its industry 5.9% · Lead over S&P 500 -5.8% · 1 year 13% · 100% evidence · 1 of 12 weeks ahead Exact sum: 14.8 + 15 + 14.5 + 12.9 = 57.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. [Telefônica Brasil S.A.](https://www.sectoralpha.in/us/stocks/viv) VIV · basing · Evidence leans up · 81% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 7.1% · Profit 13.2% · Operating margin change 0.8 points · 83% evidence Capital efficiency 16.6/25 · ROCE 11.1% · Operating margin 17.6% · 76% evidence Valuation 9.9/20 · P/E 16.4× · PEG 1.09 · 65% evidence Relative strength 4.9/20 · Lead over its industry -12.4% · Lead over S&P 500 -22.5% · 1 year -12.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.3 + 16.6 + 9.9 + 4.9 = 55.7 · What this means: Earnings are strong; relative strength in its sector is -12.4% and the one-year return is -12.4%. 5. [EchoStar Corporation](https://www.sectoralpha.in/us/stocks/echo) ECHO · turning · Evidence leans up · 64% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Revenue -5.2% · Profit n/a · Operating margin change 20 points · 62% evidence Capital efficiency 7.7/25 · ROCE 2.9% · Operating margin 14.3% · 76% evidence Valuation 11.1/20 · P/E -5.2× · PEG n/a · 15% evidence Relative strength 14.4/20 · Lead over its industry 4.9% · Lead over S&P 500 -7.2% · 1 year 38.7% · 100% evidence · 2 of 12 weeks ahead Exact sum: 20.2 + 7.7 + 11.1 + 14.4 = 53.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Rogers Communications Inc.](https://www.sectoralpha.in/us/stocks/rci) RCI · basing · Evidence leans up · 85% evidence 53.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 8% · Profit -86.6% · Operating margin change 0.5 points · 95% evidence Capital efficiency 12.6/25 · ROCE 6.9% · Operating margin 24.5% · 76% evidence Valuation 12.4/20 · P/E 26.6× · PEG 0.51 · 65% evidence Relative strength 11.1/20 · Lead over its industry -0.7% · Lead over S&P 500 -11.8% · 1 year -10.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17 + 12.6 + 12.4 + 11.1 = 53.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [BCE Inc.](https://www.sectoralpha.in/us/stocks/bce) BCE · basing · Evidence leans up · 81% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue 1.6% · Profit 100% · Operating margin change -1.1 points · 83% evidence Capital efficiency 13.3/25 · ROCE 7.6% · Operating margin 22.1% · 76% evidence Valuation 15.4/20 · P/E 4.5× · PEG 0.12 · 65% evidence Relative strength 6.7/20 · Lead over its industry -5.9% · Lead over S&P 500 -16.5% · 1 year -11.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.7 + 13.3 + 15.4 + 6.7 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [T-Mobile US, Inc.](https://www.sectoralpha.in/us/stocks/tmus) TMUS · basing · Evidence leans up · 81% evidence 51.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Revenue 9.7% · Profit -13.6% · Operating margin change 0.4 points · 83% evidence Capital efficiency 16.5/25 · ROCE 10.9% · Operating margin 25.2% · 76% evidence Valuation 8.8/20 · P/E 17.2× · PEG 1.23 · 65% evidence Relative strength 5.9/20 · Lead over its industry -12.8% · Lead over S&P 500 -22.7% · 1 year -25.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.2 + 16.5 + 8.8 + 5.9 = 51.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Millicom International Cellular S.A.](https://www.sectoralpha.in/us/stocks/tigo) TIGO · quiet · Too little evidence to rank firmly · 56% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue n/a · Profit n/a · Operating margin change -4.2 points · 39% evidence Capital efficiency 14.1/25 · ROCE 10.9% · Operating margin 20.7% · 76% evidence Valuation 9.3/20 · P/E 22.8× · PEG n/a · 15% evidence Relative strength 10.2/20 · Lead over its industry 7.2% · Lead over S&P 500 -4% · 1 year 63.2% · 100% evidence · 4 of 12 weeks ahead Exact sum: 17.6 + 14.1 + 9.3 + 10.2 = 51.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Comcast Corporation](https://www.sectoralpha.in/us/stocks/cmcsa) CMCSA · basing · Evidence leans down · 85% evidence 49.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.4/35 · Revenue -0.3% · Profit -49.9% · Operating margin change 0.5 points · 95% evidence Capital efficiency 13.7/25 · ROCE 8% · Operating margin 18.2% · 76% evidence Valuation 14.1/20 · P/E 6.8× · PEG 0.22 · 65% evidence Relative strength 9.5/20 · Lead over its industry -4% · Lead over S&P 500 -15.1% · 1 year -13.5% · 100% evidence · 2 of 12 weeks ahead Exact sum: 12.4 + 13.7 + 14.1 + 9.5 = 49.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 11. [AT&T Inc.](https://www.sectoralpha.in/us/stocks/t) T · quiet · Evidence leans down · 75% evidence 49.0 out of 100 Growth Capital Valuation Relative 12. [Array Digital Infrastructure, Inc.](https://www.sectoralpha.in/us/stocks/ad) AD · basing · Evidence leans down · 64% evidence 47.4 out of 100 Growth Capital Valuation Relative 13. Iridium Communications Inc. this page IRDM · quiet · Evidence leans down · 85% evidence 46.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 3.6% · Profit 31.2% · Operating margin change -18 points · 95% evidence Capital efficiency 9.9/25 · ROCE 6.3% · Operating margin 12.9% · 76% evidence Valuation 10.0/20 · P/E 31.1× · PEG 0.93 · 65% evidence Relative strength 13.5/20 · Lead over its industry 31.1% · Lead over S&P 500 18.4% · 1 year 161.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 12.9 + 9.9 + 10 + 13.5 = 46.3 · What this means: Relative strength against the index is 18.4%, and revenue and profit growth are weak. 14. [Globalstar, Inc.](https://www.sectoralpha.in/us/stocks/gsat) GSAT · turning · Evidence leans down · 64% evidence 44.8 out of 100 Growth Capital Valuation Relative 15. [Charter Communications, Inc.](https://www.sectoralpha.in/us/stocks/chtr) CHTR · basing · Evidence leans down · 81% evidence 44.7 out of 100 Growth Capital Valuation Relative 16. [Telephone and Data Systems, Inc.](https://www.sectoralpha.in/us/stocks/tds) TDS · turning · Evidence leans down · 64% evidence 42.6 out of 100 Growth Capital Valuation Relative 17. [TELUS Corporation](https://www.sectoralpha.in/us/stocks/tu) TU · basing · Evidence leans down · 71% evidence 38.9 out of 100 Growth Capital Valuation Relative 18. Liberty Global Ltd. LBTYB · quiet · Too little evidence to rank firmly · 58% evidence 37.0 out of 100 Growth Capital Valuation Relative 19. [Lumen Technologies, Inc.](https://www.sectoralpha.in/us/stocks/lumn) LUMN · basing · Most evidence points down · 64% evidence 23.6 out of 100 Growth Capital Valuation Relative 20. [Vodafone Group Public Limited Company](https://www.sectoralpha.in/us/stocks/vod) VOD · quiet · Too little evidence to rank firmly · 41% evidence 49.8 out of 100 Growth Capital Valuation Relative 21. [Liberty Broadband Corporation](https://www.sectoralpha.in/us/stocks/lbrda) LBRDA · Too little evidence to rank firmly · 49% evidence 36.3 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Telecom Services](https://www.sectoralpha.in/us/sectors/telecom-services), all 21 compared on one page. ## Which companies are close to Iridium Communications in size? Iridium Communications is the 24th largest of 44 Telecom Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: VEON, Lumen Technologies, Inc. and Telecom Argentina S.A. Just below it: Turkcell Iletisim Hizmetleri A.S., Telephone and Data Systems, Inc. and PLDT Inc. ### Telecom Services companies close in size 1. [VEON Ltd.](https://www.sectoralpha.in/us/stocks/veon) $5.4 billion 2. [Lumen Technologies, Inc.](https://www.sectoralpha.in/us/stocks/lumn) $4.9 billion 3. [Telecom Argentina S.A.](https://www.sectoralpha.in/us/stocks/teo) $4.9 billion 4. Iridium Communications Inc. $4.7 billion 5. [Turkcell Iletisim Hizmetleri A.S.](https://www.sectoralpha.in/us/stocks/tkc) $4.1 billion 6. [Telephone and Data Systems, Inc.](https://www.sectoralpha.in/us/stocks/tds) $4.1 billion 7. [PLDT Inc.](https://www.sectoralpha.in/us/stocks/phi) $3.8 billion [All 44 Telecom Services companies, largest first](https://www.sectoralpha.in/us/sectors/telecom-services#all-companies) ### Companies close in size in other industries 1. [Mercury Systems, Inc.](https://www.sectoralpha.in/us/stocks/mrcy) $4.7 billion · Aerospace & Defense 2. [Atour Lifestyle Holdings Limited](https://www.sectoralpha.in/us/stocks/atat) $4.6 billion · Lodging 3. Iridium Communications Inc. $4.6 billion 4. [Travere Therapeutics, Inc.](https://www.sectoralpha.in/us/stocks/tvtx) $4.6 billion · Biotechnology 5. [Howard Hughes Holdings Inc.](https://www.sectoralpha.in/us/stocks/hhh) $4.6 billion · Real Estate - Development ## What else do people ask about Iridium Communications? ### What were Iridium Communications's latest quarterly results? Iridium Communications Inc. reported revenue of $246 M and net profit of $107 M for the Sep 2026 quarter. Revenue rose 8.3% and profit rose 187.9% compared with a year earlier. Earnings per share were $0.98. The operating margin was 12.9%, 18.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Iridium Communications's market cap? Iridium Communications Inc.'s market capitalisation is $4.7 B at a stock price of $43.87. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Iridium Communications performing? Iridium Communications Inc.'s share price has been rising for 22 weeks. In its latest quarter, revenue rose 8.3% and profit rose 187.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 6 weeks running (as of 3 November 2026). ### Will Iridium Communications's stock price go up? This page does not forecast Iridium Communications Inc.'s stock price. What it shows instead: the stock price is $43.87, and it has been rising for 22 weeks. Its P/E of 28.8× is higher than 24% of its own last 4 years (as of 3 November 2026). ### Is Iridium Communications's profit real cash? Yes, over the last 3 years, 450% of Iridium Communications Inc.'s reported profit came in as cash from operations. The latest year was lower at 350%, so the trend is worth watching. In FY25, operating cash was $400 M against reported profit of $114 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Iridium Communications in its business cycle? Iridium Communications Inc.'s FY25 operating margin was 27.1%, against a 5-year range of 7.5% to 27.1%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 12.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Iridium Communications story? The main question: the share price moved +129.1% in a year while yearly earnings per share moved +12.8%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Iridium Communications a stock worth studying right now? What the numbers show: Iridium Communications Inc.'s results are improving, while its P/E is near the low end of its own history over 4.1 years, higher than only 24% of past readings. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.