Iridium Communications Inc.
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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FY2025 · Filed Feb 12, 2026
IRDM$46.13+2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except per share data)
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $96,501 | $93,526 |
| Accounts receivable, net | 93,772 | 98,803 |
| Inventory | 73,764 | 81,283 |
| Prepaid expenses and other current assets | 12,466 | 19,118 |
| Total current assets | 276,503 | 292,730 |
| Property and equipment, net | 1,978,153 | 2,080,544 |
| Equity method investments | 39,773 | 42,516 |
| Other assets | 50,710 | 66,618 |
| Intangible assets, net | 86,928 | 90,877 |
| Goodwill | 98,942 | 98,186 |
| Total assets | $2,531,009 | $2,671,471 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Short-term secured debt | 3,402 | 33,118 |
| Accounts payable | 17,676 | 19,715 |
| Accrued expenses and other current liabilities | 49,465 | 64,811 |
| Deferred revenue | 41,127 | 51,570 |
| Total current liabilities | 111,670 | 169,214 |
| Long-term secured debt, net | 1,757,124 | 1,757,767 |
| Deferred income tax liabilities, net | 130,529 | 114,140 |
| Deferred revenue, net of current portion | 40,316 | 38,259 |
| Other long-term liabilities | 28,770 | 15,454 |
| Total liabilities | 2,068,409 | 2,094,834 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value, 300,000 shares authorized, 104,918 and 110,357 shares issued and outstanding at December 31, 2025 and 2024, respectively | 105 | 110 |
| Additional paid-in capital | 880,643 | 964,348 |
| Accumulated deficit | (418,554) | (406,092) |
| Accumulated other comprehensive income, net of tax | 406 | 18,271 |
| Total stockholders’ equity | 462,600 | 576,637 |
| Total liabilities and stockholders’ equity | $2,531,009 | $2,671,471 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.