Iridium Communications Inc. reported total revenue of USD 212.94 million for the fourth quarter (Q4) of 2025, nearly unchanged from the same period in 2024. Service revenue for Q4 2025 was USD 158.85 million, with commercial service revenue contributing USD 131.23 million and government service revenue at USD 27.63 million. Subscriber equipment sales for the quarter reached USD 17.03 million, while engineering and support service revenue totaled USD 37.06 million. For the full year (FY) 2025, Iridium Communications Inc. posted net income of USD 114.37 million, compared to USD 112.78 million in 2024. Net income per diluted share increased 13 percent to USD 1.06, primarily due to a lower share count. Operating EBITDA (OEBITDA) for FY 2025 was USD 495.33 million, a 5 percent increase. Capital expenditures totaled USD 100.3 million, including USD 4.6 million in capitalized interest. During the fourth quarter, commercial service remained the largest segment, accounting for 62 percent of total revenue. The company highlighted the diversity of its commercial customer base, which includes multiple markets. The period also reflected the impact of a one-time gain from the acquisition of Satelles, Inc. in 2024.

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