)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Iridium Communications (IRDM) investor relations material
Iridium Communications Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary23 Oct, 2025
Executive summary
Achieved total Q3 2025 revenue of $226.9 million, up 7% year-over-year, with net income of $37.1 million, a 52% increase, driven by higher engineering/support and commercial services revenue, and lower operating expenses.
Operational EBITDA rose 10% year-over-year to $136.6 million, maintaining trajectory to meet full-year OEBITDA growth expectations.
Subscriber base reached 2.54 million, up 2% year-over-year, led by commercial IoT and voice/data growth.
Proactively addressing increased competition, especially from Starlink-EchoStar and SpaceX's direct-to-device initiatives.
Acquisition of Satelles, Inc. in Q2 2024 expected to drive future growth in service and engineering revenue.
Financial highlights
Commercial service revenue grew 4% to $138.3 million; government service revenue increased 1% to $26.9 million, with full-year EMSS revenue from DoD expected at $108 million.
Engineering and support revenue surged 31% to $40.2 million, driven by U.S. government contracts.
Commercial IoT data revenue rose 7% to $46.7 million; voice/data revenue up 4% year-over-year.
Commercial broadband revenue declined 17% year-over-year due to a non-renewed contract.
Equipment revenue declined 3% to $21.5 million; hosting and other data services revenue grew 14% year-over-year, aided by a discrete PNT contract event.
Outlook and guidance
2025 service revenue growth forecast tightened to ~3%, with OEBITDA guidance narrowed to $495–$500 million.
IoT revenue growth expected just below 10% for the full year, with Q4 growth to exceed Q3's 7%.
Broadband revenue decline to continue in Q4, trending closer to 8% year-over-year.
Cash taxes projected below $10 million per year through 2027; net leverage expected below 3.5x OEBITDA in 2025 and below 2.0x by decade's end.
Withdrawing 2030 service revenue outlook due to industry changes; expect $1.5–$1.8 billion in free cash flow from 2026–2030.
Impact of pausing share repurchases?
How does government revenue grow with subscriber decline?
Detail commercial broadband revenue decline drivers.
Iridium NTN Direct: How will it expand market?
PNT: What drives long-term growth confidence?
M&A focus: What types of deals are sought?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Iridium Communications earnings date
BofA Securities Leveraged Finance Conference 20252 Dec, 2025
Next Iridium Communications earnings date
BofA Securities Leveraged Finance Conference 20252 Dec, 2025
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses worldwide. Iridium Communications Inc. offers voice and data satellite communications services, as well as messaging, tracking, and other value-added services. It operates in three segments: Commercial Solutions, Wireless Services, and Tracking Telemetry & Command Solutions (TT&C). Its commercial solutions comprise airtime for satellite phones and wireless broadband service; handsets; accessories; subscription service plans that comprise of airtime, handsets, and accessories; flat-rate bundles consisting of airtime only or handset-only packages; and customer support. Iridium Communications Inc. is based in McLean, Virginia
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage