Iridium Communications (IRDM) Expected to Announce Earnings on Thursday

Key Points

• Iridium will report Q1 2026 results before the market opens on Thursday, April 23, 2026 at 8:30 AM ET, with analysts forecasting EPS of $0.27 and revenue of about $218.39 million.
• In the prior quarter Iridium beat EPS expectations ($0.24 vs. $0.23) but missed revenue ($212.94M vs. $219.14M); the stock is trading near a 1‑year high (~$38) with a market cap of $4.02B and a P/E around 35.8.
• Iridium pays a quarterly dividend of $0.15 (annualized $0.60, yield ~1.6%) and currently has a consensus analyst rating of Hold with a consensus target price of $27.60.

Iridium Communications (NASDAQ:IRDM - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.27 per share and revenue of $218.3930 million for the quarter. Individuals can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 8:30 AM ET.

Iridium Communications (NASDAQ:IRDM - Get Free Report) last posted its earnings results on Thursday, February 12th. The technology company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. Iridium Communications had a net margin of 13.12% and a return on equity of 24.01%. The company had revenue of $212.94 million during the quarter, compared to analysts' expectations of $219.14 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. Iridium Communications's quarterly revenue was up .0% compared to the same quarter last year. On average, analysts expect Iridium Communications to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Iridium Communications Trading Up 5.2%

Shares of NASDAQ IRDM opened at $37.99 on Thursday. Iridium Communications has a 1-year low of $15.65 and a 1-year high of $38.17. The company has a market cap of $4.02 billion, a PE ratio of 35.84, a P/E/G ratio of 2.44 and a beta of 0.48. The company has a current ratio of 2.48, a quick ratio of 1.82 and a debt-to-equity ratio of 3.80. The company has a 50-day moving average of $26.34 and a two-hundred day moving average of $21.02.

Iridium Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 16th. Iridium Communications's payout ratio is 56.60%.

Insider Activity

In other news, CAO Timothy Kapalka sold 2,043 shares of the stock in a transaction on Monday, April 6th. The shares were sold at an average price of $33.00, for a total transaction of $67,419.00. Following the completion of the sale, the chief accounting officer owned 45,721 shares of the company's stock, valued at $1,508,793. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Iridium Communications

Large investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC increased its position in shares of Iridium Communications by 107.5% during the fourth quarter. Quadrant Capital Group LLC now owns 1,430 shares of the technology company's stock worth $25,000 after acquiring an additional 741 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Iridium Communications by 392.8% during the third quarter. Larson Financial Group LLC now owns 1,508 shares of the technology company's stock worth $26,000 after acquiring an additional 1,202 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Iridium Communications during the fourth quarter worth $27,000. CIBC Private Wealth Group LLC bought a new stake in shares of Iridium Communications during the third quarter worth $32,000. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Iridium Communications by 10,363.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,988 shares of the technology company's stock worth $35,000 after acquiring an additional 1,969 shares in the last quarter. Institutional investors own 84.36% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on IRDM shares. Weiss Ratings raised shares of Iridium Communications from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, March 10th. Barclays boosted their price objective on shares of Iridium Communications from $25.00 to $36.00 and gave the company an "overweight" rating in a report on Thursday, April 9th. BWS Financial restated a "sell" rating and set a $16.00 price objective on shares of Iridium Communications in a report on Wednesday. Finally, Morgan Stanley boosted their price objective on shares of Iridium Communications from $24.00 to $26.00 and gave the company an "equal weight" rating in a report on Wednesday, February 18th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $27.60.

Iridium Communications Company Profile

Iridium Communications Inc operates a global satellite communications network that delivers voice and data services across land, sea and air. The company's unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium's core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).

Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise.

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