Iridium Communications Inc.
Close on Oct 19, 2026
- Market cap
- $4.79B
- P/E (TTM)
- 50.2
- Dividend yield
- –
About Iridium Communications
Communications Services, NEC, SIC 4899
Iridium Communications Inc. provides mobile satellite voice, data, and positioning, navigation, and timing services through a low-Earth orbit constellation. The company delivers real-time communications and emergency solutions across maritime, aviation, and land mobile sectors, supporting applications such as asset tracking, flight tracking, and autonomous systems. Its offerings include specialized broadband and midband services under the Iridium Certus platform, hosted payloads, and dedicated engineering support. Commercial customers, including global enterprises and recreational users, access these services primarily through third-party service providers, value-added resellers, and equipment manufacturers.
The company's architecture relies on an interlinked mesh network of 66 operational satellites with in-orbit spares. Iridium provides worldwide coverage across remote areas, open oceans, airways, and the polar regions without requiring local ground infrastructure. Commercial distribution is managed across three regional operations: the Americas, Asia Pacific, and Europe. The text does not disclose the location of the company's headquarters.
Summary of the business section of Iridium Communications's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Iridium Communications Inc.
- Founded
- 2001
- Headquarters
- Mclean, VA
- Address
- 1676 International Drive, Suite 1100 22102
- Phone
- (703) 287-7400
- Website
- www.iridium.com
- Employees
- 975, Dec 31, 2025
- Industry
- Communications Services, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, McLean, Virginia
Stock & identifiers
- Ticker
- IRDM
- Exchange
- Nasdaq
- IPO date
- Feb 19, 2008
- Shares outstanding
- 106M, Jul 15, 2026
- Public float
- $2.64B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1418819
- CUSIP
- 46269C102
- ISIN
- US46269C1027
- LEI
- 549300U620NVQ4J1CT96
- EIN
- 22-1344998
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Suzanne E. McBride | Chief Operations Officer, Director | 260,991 |
| Matthew J. Desch | Chief Executive Officer, Director | 1,441,434 |
| Timothy James Last | EVP, Sales & Marketing | 84,130 |
| Scott Scheimreif | EVP-Government Programs | 257,552 |
| Kathleen A. Morgan | Chief Legal Officer | 122,818 |
| Timothy Kapalka | CAO Iridium Satellite LLC | 35,038 |
| Vincent James O'Neill | Chief Financial Officer | 126,944 |
| Donald Lee Thoma | EVP, Aireon | 50,177 |
| Bryan J. Hartin | EVP-SALES AND MARKETING | 94,928 |
| Robert H. Niehaus | Director | 266,910 |
| Thomas Fitzpatrick | Director | 43,260 |
| Eric T. Olson | Director | 149,680 |
| Kay Sears | Director | 30,114 |
| Monique S. Shivanandan | Director | 15,939 |
| Thomas C. Canfield | Director | 270,976 |
| Jacqueline E. Yeaney | Director | 25,340 |
| Leon Anthony Frazier | Director | 46,504 |
| Louis M. Alterman | Director | 13,810 |
| A. B. Krongard | Director | 527,525 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Desch | $9.01M | $2.77M | $2.61M | $44 | $107 |
| FY2024 Mr. Desch | $9.20M | $5.58M | $2.90M | $118 | $119 |
| FY2023 Mr. Desch | $9.02M | $4.93M | $2.82M | $167 | $107 |
| FY2022 Mr. Desch | $6.98M | $11.45M | $2.69M | $209 | $96 |
| FY2021 Mr. Desch | $5.40M | $7.72M | $2.16M | $168 | $128 |
| FY2020 Mr. Desch | $4.01M | $5.04M | $1.80M | $160 | $122 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 975 full-time employees, none of whom are subject to any collective bargaining agreement.”
Corporate history
Events identified from SEC filings