Iridium Reports Q2 2026 Revenue Beat, Earnings Miss
Iridium reported Q2 2026 revenue of about $225 million with net income around $9.7 million and earnings per share of $0.09, missing EPS estimates but beating revenue expectations as higher costs from its Rocket Lab acquisition weighed on profitability. The company also highlighted growth in commercial IoT, 2.627 million billable subscribers, and six-month revenue of about $444 million, signaling solid top-line momentum alongside near-term margin pressure.
Business · 16 sources · Jul 22, 2026Read itThe journal
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About iridium
Iridium is a chemical element; it has the symbol Ir and atomic number 77. This very hard, brittle, silvery-white transition metal of the platinum group is considered the second-densest naturally occurring metal, with a density of 22.56 g/cm3 (0.815 lb/cu in) as defined by experimental X-ray crystallography. 191Ir and 193Ir are the only two naturally occurring isotopes of iridium, as well as the only stable isotopes; the latter is the more abundant. It is one of the most corrosion-resistant metals, even at temperatures as high as 2,000 °C (3,630 °F).
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