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 Communications
Iridium Communications Inc. (formerly Iridium Satellite LLC) is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation, a system of 75 satellites: 66 are active satellites and the remaining nine function as in-orbit spares. Iridium Satellites are used for worldwide voice and data communication from handheld satellite phones, satellite messenger communication devices and integrated transceivers, as well as for two-way satellite messaging service from supported Android smartphones. The nearly polar orbit and communication between satellites via inter-satellite links provide global service availability.
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