Iridium Historical Income Statement

IRDM Stock

USD 29.72 0.12 0.41%

Historical analysis of Iridium Communications income statement accounts such as Operating Income of 70.8 M or Ebit of 84.1 M can show how well Iridium Communications performed in making a profits. Evaluating Iridium Communications income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Iridium Communications's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Iridium Communications latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Iridium Communications is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.

About Iridium Income Statement Analysis

Iridium Communications Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Iridium Communications shareholders. The income statement also shows Iridium investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Iridium Communications Income Statement Chart

At this time, Iridium Communications' Interest Expense is very stable compared to the past year. As of the 1st of December 2024, Net Income is likely to grow to about 16.8 M, while Operating Income is likely to drop about 70.8 M.

Other Operating Expenses Total Operating Expenses Selling General Administrative Selling And Marketing Expenses

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Iridium Communications. It is also known as Iridium Communications overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Iridium Communications' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Iridium Communications current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.At this time, Iridium Communications' Interest Expense is very stable compared to the past year. As of the 1st of December 2024, Net Income is likely to grow to about 16.8 M, while Operating Income is likely to drop about 70.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	464.1M	519.9M	565.6M	373.1M
Total Revenue	614.5M	721.0M	790.7M	518.4M

Gross Profit Total Revenue

Iridium Communications income statement Correlations

	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Total Revenue	Gross Profit	Research Development	Cost Of Revenue	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Other Operating Expenses		-0.18	-0.25	0.91	0.99	-0.38	-0.42	0.95	0.9	-0.53	-0.58	0.64	0.97	0.97	0.43	0.94	-0.51	0.58	-0.2	-0.6	0.83	-0.8	0.86	-0.2
Operating Income	-0.18		0.71	-0.01	-0.27	0.75	0.39	-0.41	0.18	0.84	0.52	0.45	0.02	0.01	0.32	0.04	0.66	0.08	0.02	0.27	-0.46	0.54	-0.47	0.02
Ebit	-0.25	0.71		0.1	-0.33	0.5	0.54	-0.47	0.14	0.7	0.26	0.39	-0.04	-0.03	0.31	-0.08	0.42	0.04	0.01	0.37	-0.47	0.53	-0.49	0.01
Ebitda	0.91	-0.01	0.1		0.89	-0.28	-0.25	0.83	0.91	-0.37	-0.59	0.75	0.95	0.96	0.43	0.86	-0.43	0.66	-0.13	-0.51	0.69	-0.65	0.73	-0.13
Total Operating Expenses	0.99	-0.27	-0.33	0.89		-0.46	-0.45	0.98	0.85	-0.62	-0.63	0.57	0.94	0.94	0.35	0.9	-0.57	0.59	-0.18	-0.62	0.86	-0.85	0.9	-0.18
Net Income	-0.38	0.75	0.5	-0.28	-0.46		0.01	-0.53	-0.11	0.87	0.76	0.08	-0.24	-0.26	0.11	-0.18	0.98	-0.07	0.04	0.04	-0.58	0.69	-0.6	0.04
Income Tax Expense	-0.42	0.39	0.54	-0.25	-0.45	0.01		-0.53	-0.21	0.5	0.36	0.0	-0.32	-0.32	0.04	-0.32	0.03	-0.37	0.2	0.94	-0.48	0.5	-0.47	0.2
Depreciation And Amortization	0.95	-0.41	-0.47	0.83	0.98	-0.53	-0.53		0.73	-0.72	-0.67	0.45	0.86	0.87	0.21	0.81	-0.62	0.57	-0.14	-0.66	0.89	-0.88	0.93	-0.14
Selling General Administrative	0.9	0.18	0.14	0.91	0.85	-0.11	-0.21	0.73		-0.19	-0.39	0.83	0.96	0.95	0.67	0.96	-0.26	0.56	-0.28	-0.45	0.63	-0.56	0.64	-0.28
Income Before Tax	-0.53	0.84	0.7	-0.37	-0.62	0.87	0.5	-0.72	-0.19		0.83	0.07	-0.36	-0.38	0.11	-0.31	0.86	-0.24	0.12	0.5	-0.73	0.84	-0.75	0.12
Total Other Income Expense Net	-0.58	0.52	0.26	-0.59	-0.63	0.76	0.36	-0.67	-0.39	0.83		-0.22	-0.52	-0.54	0.03	-0.42	0.81	-0.38	0.19	0.47	-0.7	0.79	-0.71	0.19
Selling And Marketing Expenses	0.64	0.45	0.39	0.75	0.57	0.08	0.0	0.45	0.83	0.07	-0.22		0.72	0.73	0.66	0.68	-0.1	0.48	0.02	-0.24	0.22	-0.22	0.24	0.02
Total Revenue	0.97	0.02	-0.04	0.95	0.94	-0.24	-0.32	0.86	0.96	-0.36	-0.52	0.72		1.0	0.51	0.97	-0.39	0.61	-0.29	-0.55	0.78	-0.72	0.8	-0.29
Gross Profit	0.97	0.01	-0.03	0.96	0.94	-0.26	-0.32	0.87	0.95	-0.38	-0.54	0.73	1.0		0.48	0.95	-0.41	0.66	-0.26	-0.55	0.78	-0.73	0.8	-0.26
Research Development	0.43	0.32	0.31	0.43	0.35	0.11	0.04	0.21	0.67	0.11	0.03	0.66	0.51	0.48		0.57	-0.01	0.24	-0.26	-0.12	0.16	-0.16	0.13	-0.26
Cost Of Revenue	0.94	0.04	-0.08	0.86	0.9	-0.18	-0.32	0.81	0.96	-0.31	-0.42	0.68	0.97	0.95	0.57		-0.31	0.46	-0.35	-0.5	0.74	-0.66	0.75	-0.35
Net Income From Continuing Ops	-0.51	0.66	0.42	-0.43	-0.57	0.98	0.03	-0.62	-0.26	0.86	0.81	-0.1	-0.39	-0.41	-0.01	-0.31		-0.2	0.07	0.12	-0.65	0.76	-0.67	0.07
Non Operating Income Net Other	0.58	0.08	0.04	0.66	0.59	-0.07	-0.37	0.57	0.56	-0.24	-0.38	0.48	0.61	0.66	0.24	0.46	-0.2		-0.07	-0.63	0.48	-0.51	0.49	-0.07
Non Recurring	-0.2	0.02	0.01	-0.13	-0.18	0.04	0.2	-0.14	-0.28	0.12	0.19	0.02	-0.29	-0.26	-0.26	-0.35	0.07	-0.07		0.25	-0.53	0.45	-0.43	1.0
Tax Provision	-0.6	0.27	0.37	-0.51	-0.62	0.04	0.94	-0.66	-0.45	0.5	0.47	-0.24	-0.55	-0.55	-0.12	-0.5	0.12	-0.63	0.25		-0.6	0.62	-0.6	0.25
Interest Income	0.83	-0.46	-0.47	0.69	0.86	-0.58	-0.48	0.89	0.63	-0.73	-0.7	0.22	0.78	0.78	0.16	0.74	-0.65	0.48	-0.53	-0.6		-0.97	0.99	-0.53
Net Interest Income	-0.8	0.54	0.53	-0.65	-0.85	0.69	0.5	-0.88	-0.56	0.84	0.79	-0.22	-0.72	-0.73	-0.16	-0.66	0.76	-0.51	0.45	0.62	-0.97		-0.96	0.45
Reconciled Depreciation	0.86	-0.47	-0.49	0.73	0.9	-0.6	-0.47	0.93	0.64	-0.75	-0.71	0.24	0.8	0.8	0.13	0.75	-0.67	0.49	-0.43	-0.6	0.99	-0.96		-0.43
Extraordinary Items	-0.2	0.02	0.01	-0.13	-0.18	0.04	0.2	-0.14	-0.28	0.12	0.19	0.02	-0.29	-0.26	-0.26	-0.35	0.07	-0.07	1.0	0.25	-0.53	0.45	-0.43

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Iridium Communications Account Relationship Matchups

Iridium Communications income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	115.4M	94.3M	73.9M	65.1M	90.4M	94.9M
Other Operating Expenses	550.3M	548.0M	568.2M	644.4M	709.1M	381.0M
Operating Income	10.1M	35.5M	46.3M	76.7M	81.6M	70.8M
Ebit	10.1M	35.5M	46.3M	76.7M	97.6M	84.1M
Ebitda	306.7M	338.7M	351.7M	380.2M	380.1M	237.3M
Total Operating Expenses	405.2M	405.3M	417.8M	443.2M	484.0M	252.8M
Net Income	(162.0M)	(56.1M)	(9.3M)	8.7M	15.4M	16.8M
Income Tax Expense	(56.1M)	(32.9M)	(19.6M)	292K	(26.3M)	(24.9M)
Depreciation And Amortization	296.6M	303.2M	305.4M	303.5M	282.5M	162.7M
Selling General Administrative	93.2M	90.1M	100.5M	123.5M	143.7M	90.4M
Income Before Tax	(218.1M)	(89.0M)	(28.9M)	9.0M	(4.7M)	(4.5M)
Total Other Income Expense Net	(228.2M)	(124.4M)	(75.2M)	(67.7M)	(86.4M)	(82.1M)
Net Income Applicable To Common Shares	(166.2M)	(56.1M)	(9.3M)	8.7M	7.8M	7.5M
Total Revenue	560.4M	583.4M	614.5M	721.0M	790.7M	518.4M
Gross Profit	415.3M	440.7M	464.1M	519.9M	565.6M	373.1M
Research Development	14.3M	12.0M	11.9M	16.2M	20.3M	17.1M
Cost Of Revenue	145.1M	142.7M	150.4M	201.1M	225.1M	145.3M
Net Income From Continuing Ops	(162.0M)	(56.1M)	(9.3M)	8.7M	15.4M	20.0M
Non Operating Income Net Other	(1.1M)	33K	(1.3M)	(2.6M)	(3.0M)	(3.1M)
Tax Provision	(56.1M)	(32.9M)	(19.6M)	292K	(26.3M)	(24.9M)
Net Interest Income	(115.4M)	(94.3M)	(73.9M)	(65.1M)	(90.4M)	(94.9M)
Reconciled Depreciation	297.7M	303.2M	305.4M	303.5M	320M	293.9M

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When determining whether Iridium Communications is a strong investment it is important to analyze Iridium Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iridium Communications' future performance. For an informed investment choice regarding Iridium Stock, refer to the following important reports:

How To Invest In Iridium

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Is Iridium Stock a good investment?

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What is Iridium Communications' Net Worth?

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Largest Diversified Telecommunication Services Companies

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To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.

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Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iridium Communications. If investors know Iridium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.074

Dividend Share

0.54

Earnings Share

0.93

Revenue Per Share

6.697

Quarterly Revenue Growth

0.077

The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Iridium Historical Income Statement

About Iridium Income Statement Analysis

Iridium Communications Income Statement Chart

Other Operating Expenses

Total Operating Expenses

Iridium Communications income statement Correlations

Iridium Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Iridium Communications income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Extraordinary Items	+ 1.0	Non Recurring
Total Operating Expenses	+ 0.99	Other Operating Expenses
Reconciled Depreciation	+ 0.99	Interest Income
Depreciation And Amortization	+ 0.98	Total Operating Expenses
Net Income From Continuing Ops	+ 0.98	Net Income

Net Interest Income	- 0.97	Interest Income
Reconciled Depreciation	- 0.96	Net Interest Income
Net Interest Income	- 0.88	Depreciation And Amortization
Net Interest Income	- 0.85	Total Operating Expenses
Net Interest Income	- 0.8	Other Operating Expenses
Reconciled Depreciation	- 0.75	Income Before Tax