← Iridium Communications Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $433.6m |
$448.0m
+3.32%
|
$523.0m
+16.73%
|
$560.4m
+7.16%
|
$583.4m
+4.10%
|
$614.5m
+5.32%
|
$721.0m
+17.34%
|
$790.7m
+9.67%
|
$830.7m
+5.05%
|
$871.7m
+4.93%
|
$884.2m
+1.44%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $18.4m | $30.4m | $34.2m | — | — | — | — | — | — | |
| Cost of Revenue | $44.3m |
$44.4m
+0.36%
|
$383.5m
+762.88%
|
$457.2m
+19.20%
|
$457.9m
+0.16%
|
$467.7m
+2.14%
|
$520.9m
+11.36%
|
$565.4m
+8.55%
|
$462.1m
-18.27%
|
$478.0m
+3.43%
|
$248.9m
-47.93%
|
|
| Interest Income (Expense), Net | $2.9m |
$4.3m
+47.51%
|
($62.4m)
-1542.72%
|
($115.4m)
-84.81%
|
($94.3m)
+18.31%
|
($73.9m)
+21.60%
|
($65.1m)
+11.93%
|
($90.4m)
-38.87%
|
($91.1m)
-0.83%
|
($88.3m)
+3.16%
|
— | |
| Gross Profit (derived) | $389.4m |
$403.6m
+3.66%
|
$139.5m
-65.44%
|
$103.3m
-25.96%
|
$125.5m
+21.54%
|
$146.8m
+16.93%
|
$200.2m
+36.38%
|
$225.3m
+12.56%
|
$368.6m
+63.56%
|
$393.7m
+6.82%
|
$635.3m
+61.37%
|
|
| Research and Development Expense | $16.1m | $15.2m | $22.4m | $14.3m | $12.0m | $11.9m | $16.2m | $20.3m | $28.4m | $19.8m | $21.8m | |
| Selling, General and Administrative Expense | $82.6m | $84.4m | $97.8m | $93.2m | $90.1m | $100.5m | $123.5m | $143.7m | $168.2m | $157.7m | $190.2m | |
| Amortization of Intangible Assets | $800k | $1.6m | $1.6m | $1.6m | $1.5m | $1.6m | $1.6m | $1.5m | $7.2m | $3.9m | — | |
| Operating Lease, Expense | — | — | — | $5.1m | $5.6m | $5.6m | $5.2m | $5.2m | $6.0m | $5.7m | — | |
| Operating Lease, Lease Income | — | — | — | $21.6m | $21.4m | $21.4m | $21.4m | $19.2m | $12.4m | $12.4m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $176.4m |
$115.5m
-34.53%
|
$41.7m
-63.93%
|
$10.1m
-75.70%
|
$35.5m
+250.62%
|
$46.3m
+30.52%
|
$76.7m
+65.56%
|
$81.6m
+6.45%
|
$200.4m
+145.48%
|
$236.0m
+17.76%
|
$210.1m
-10.99%
|
|
| Interest Expense | $77.7m | $86.7m | — | — | — | — | — | $14.7m | $14.7m | $14.7m | $82.3m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($166k) | $163k | ($342k) | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $206k | ($207k) | $139k | ($1.1m) | $33k | ($417k) | $107k | $4.0m | $534k | ($2.9m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $176.4m | $120.3m | ($22.1m) | ($218.4m) | ($89.3m) | ($31.4m) | $9.0m | ($10.6m) | $106.3m | $143.8m | $126.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $178.2m | $119.6m | ($20.6m) | ($218.1m) | ($89.0m) | ($28.9m) | $9.0m | ($4.7m) | $109.8m | $144.8m | $126.8m | |
| Current Income Tax Expense (Benefit) | $3.3m | $1.3m | $1.1m | ($2.3m) | $769k | $1.7m | $1.5m | $5.6m | $5.7m | $5.5m | $29.9m | |
| Income Tax Expense (Benefit) | $67.1m | ($114.3m) | ($7.3m) | ($56.1m) | ($32.9m) | ($19.6m) | $292k | ($26.3m) | $12.3m | $27.6m | $29.9m | |
| Net Income (Loss) Attributable to Parent | $111.0m |
$233.9m
+110.62%
|
($13.4m)
-105.72%
|
($162.0m)
-1110.39%
|
($56.1m)
+65.40%
|
($9.3m)
+83.37%
|
$8.7m
+193.59%
|
$15.4m
+76.74%
|
$112.8m
+631.60%
|
$114.4m
+1.42%
|
$93.3m
-18.45%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $95.6m |
$218.4m
+128.48%
|
($23.5m)
-110.77%
|
($166.2m)
-606.21%
|
($56.1m)
+66.27%
|
($9.3m)
+83.37%
|
$8.7m
+193.59%
|
$15.4m
+76.74%
|
$112.8m
+631.60%
|
$114.4m
+1.42%
|
$93.3m
-18.45%
|
|
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | $215k | $0 | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $1.00 | $2.23 | ($0.22) | ($1.33) | ($0.42) | ($0.07) | $0.07 | $0.12 | $0.95 | $1.07 | $0.88 | |
| Earnings Per Share, Diluted | $0.89 | $1.82 | ($0.22) | ($1.33) | ($0.42) | ($0.07) | $0.07 | $0.12 | $0.94 | $1.06 | $0.87 | |
| Common Stock, Dividends, Per Share, Declared | — | — | — | — | — | — | — | $0.13 | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 96.0m | 97.9m | 109.0m | 125.2m | 133.5m | 133.5m | 128.3m | 125.6m | 118.6m | 107.2m | 106.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 124.9m | 128.1m | 109.0m | 125.2m | 133.5m | 133.5m | 130.1m | 127.2m | 119.8m | 107.8m | 107.1m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | — | — | $64.1m | $68.3m | $57.3m | — |