Iridium Communications Inc. reported third quarter 2025 net income of $37.1 million, compared to $24.4 million in the same period of 2024. Operational EBITDA for the quarter was $136.6 million, up from $124.4 million a year earlier, a 10% increase. Service revenue, primarily from recurring sources, grew 3% compared to the previous year and accounted for 73% of total revenue for the quarter. Total billable subscribers reached 2.542 million at the end of the third quarter, up from 2.482 million in the prior year and 2.483 million at the end of the second quarter of 2025. Growth was led by increases in commercial IoT subscribers.
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