Q2 FY2026 EarningsQ2 FY26 results were mixed: revenue of $225.2M beat the $220.4M consensus by 2.2%, driven by 6% subscriber growth and resilient commercial IoT demand. However, GAAP EPS of $0.09 significantly missed the $0.26 consensus, primarily due to $14.3M in transaction costs related to the pending Rocket Lab acquisition. Total billable subscribers reached 2.63M, with the acquisition of Aireon LLC and the Rocket Lab deal (expected to close mid-2027) marking a major strategic pivot.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Iridium Comm(IRDM) the Revenue is 225.24 M (+3.84%), Beat estimate;the EBIT is 34.01 M (-32.33%), Miss estimate;the EPS is 0.09 (-55%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.23B3.84%
0.22B1.48%
+0.01B2.36%
EBITMiss expectations
0.03B32.33%
0.06B11.75%
-0.02B44.08%
EPSMiss expectations
0.0955.00%
0.270935.43%
-0.180990.43%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf