Iridium Communications Inc.

IRDMNASDAQCommunication Services● Active

$47.44

+$0.08(+0.17%)

Market Cap$5.0B

P/E Ratio—

52W High$53.83

52W Low$15.65

Avg Volume2.3M

Open$49.31

Beta0.89

Free Cash Flow Financials Revenue

Iridium Communications Inc. (IRDM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

IRDM · free cash flow · updated Jun 8, 2026

Core FCF metrics

IRDM · FCF · TTM · margin & CAGR

Free cash flow was $299.8M for FY2025 (fiscal year ending 2025-12-31), down 2.0% year-over-year The FCF margin was 34.4%. Five-year CAGR stands at +7.3%.

FY2025 Free Cash Flow$299.8M▼ -2.0% YoY

Trailing 12M (TTM)$304.9Mtrailing 4 quarters sum

FCF Margin34.4%$299.8M ÷ revenue

3-Year CAGR+3.1%FY2022 → FY2025

5-Year CAGR+7.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

IRDM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$400.1M(100M)$299.8M▼ 2.0%34.4%

FY2024$376.0M(70M)$306.1M▲ +26.8%36.9%

FY2023$314.9M(73M)$241.4M▼ 11.7%30.5%

FY2022$344.7M(71M)$273.5M▲ +4.9%37.9%

FY2021$302.9M(42M)$260.7M▲ +23.5%42.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

IRDM · P/FCF · FCF yield · FCF per share

Iridium Communications Inc. (IRDM) trades at a FCF yield of 6.04% and a price-to-free-cash-flow ratio of 16.7x. FCF per share stands at $2.84, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.04%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.84

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x16.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

IRDM · cash flow statement · operating / investing / financing

For FY2025, Iridium Communications Inc. generated $400.1M in operating cash flow and spent 100M in capital expenditures, yielding $299.8M in free cash flow.

Operating Activities

+$400.1M

Cash from core business operations

2025-12-31

Investing Activities

−$100.3M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$299.9M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($400.1M) − |CapEx| (100M) = FCF ($299.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

IRDM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Iridium Communications Inc.YOU

IRDM

$299.8M-2.0%34.4%

About Free Cash Flow & Methodology

Iridium Communications Inc. (IRDM) reported free cash flow of $299.8M for FY2025 (fiscal year ending 2025-12-31), down 2.0% year-over-year. The FCF margin was 34.4%.

Based on available data, Iridium Communications Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $306.1M in FY2024. The 5-year CAGR stands at +7.3%.

Iridium Communications Inc.'s FCF yield is 6.04% and price-to-FCF ratio is 16.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

IRDM free cash flow · 8 questions

Iridium Communications Inc. free cash flow was $299.8M for FY2025, down 2.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $304.9M.

IRDM free cash flowIRDM FCFIRDM FCF 2025IRDM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Iridium Communications Inc. · Iridium Communications Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026