--- title: "Iridium Communications Inc. Q2 2026: Revenue $225.2M, Net income $9.7M — 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/293464064.md" description: "Iridium Communications reported Q2 2026 revenue of $225.2M, up 3.8% YoY, but net income fell to $9.7M from $22M due to higher SG&A and transaction costs. Services revenue grew 3-4%, driven by commercial IoT and voice/data. Billable subscribers rose 6% to 2.63M. The company completed its acquisition of Aireon's remaining stake, integrating space-based ADS-B capabilities." datetime: "2026-07-22T11:11:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293464064.md) - [en](https://longbridge.com/en/news/293464064.md) - [zh-HK](https://longbridge.com/zh-HK/news/293464064.md) generator: "portal-rs" --- # Iridium Communications Inc. Q2 2026: Revenue $225.2M, Net income $9.7M — 10-Q Summary Iridium Communications Inc. reported second-quarter 2026 results with revenue of $225.2M, up 3.8% year over year, while net income fell to $9.7M from $22M a year earlier, weighed down by higher SG&A and transaction costs. **Financial Highlights** - Revenue: $225.2M for Q2 2026, compared with $216.9M in Q2 2025; YoY change 3.8%. - Net income: $9.7M for Q2 2026, compared with $22.0M in Q2 2025; YoY change (56%). - Diluted earnings per share: Not provided for Q2 2026 in Part I Items 1–2 and therefore omitted. **Business Highlights** - Services revenue grew about 3–4% year over year, led by commercial IoT, voice/data and hosted payloads. - Billable subscribers rose roughly 6% year over year to about 2.63M, driven primarily by IoT growth. - Wholesale distribution expansion — about 120 providers and ~320 VARs — is supporting broader product adoption. - Completed acquisition of the remaining 60.5% of Aireon, integrating space-based ADS-B surveillance capabilities. - Price increases and new applications lifted ARPU in voice/data, partly offsetting pressure on broadband ARPU. Original SEC Filing: Iridium Communications Inc. \[ IRDM \] - 10-Q - Jul. 22, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [IRDM.US](https://longbridge.com/en/quote/IRDM.US.md) ## Related News & Research - [Iridium director Eric T. Olson disposes of 8,000 common shares worth $404,880](https://longbridge.com/en/news/296406854.md) - [Iridium Communications (IRDM) After Its IoT Launches Is The Stock Already Priced In](https://longbridge.com/en/news/290789161.md) - [WSHP: First half 2026 results released, highlighting platform growth and ongoing user ownership initiatives](https://longbridge.com/en/news/296829514.md) - [10:12 ETSoniox and Lookalike Partner to Bring Multilingual Digital Humans to Market](https://longbridge.com/en/news/297059869.md) - [India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call](https://longbridge.com/en/news/296981663.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**