For the quarter ended June 2026, Iridium Communications (IRDM) reported revenue of $225.24 million, up 3.8% over the same period last year. EPS came in at $0.19, compared to $0.20 in the year-ago quarter.
The reported revenue represents a surprise of +1.82% over the Zacks Consensus Estimate of $221.21 million. With the consensus EPS estimate being $0.26, the EPS surprise was -26.92%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Iridium performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Billable Subscribers - Total government voice and data and IoT data service: 118 thousand versus 117.44 thousand estimated by four analysts on average. Billable Subscribers - Total commercial voice and data, IoT data and Broadband service: 2.51 million compared to the 2.49 million average estimate based on four analysts. Total Billable Subscribers: 2.63 million compared to the 2.61 million average estimate based on four analysts. ARPU - Commercial - IoT data: $7.64 compared to the $7.80 average estimate based on four analysts. Revenue- Subscriber equipment: $20.77 million versus $19.67 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +6.7% change. Revenue- Service: $161.33 million versus $160.27 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.7% change. Revenue- Service- Commercial service revenue: $133.7 million versus $132.77 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change. Revenue- Service- Government service revenue: $27.63 million versus $27.51 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.3% change. Revenue- Engineering and support service: $43.14 million versus the five-analyst average estimate of $41.27 million. The reported number represents a year-over-year change of +3%. Revenue- Service- Commercial service revenue- Hosted payload and other data service: $16.57 million versus $14.53 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13.9% change. Revenue- Engineering and support service- Government: $41.45 million compared to the $39.54 million average estimate based on three analysts. The reported number represents a change of +5% year over year. Revenue- Engineering and support service- Commercial: $1.69 million versus $2.17 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -29.7% change.View all Key Company Metrics for Iridium here>>>
Shares of Iridium have returned +7% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Beyond Nvidia: AI's Second Wave Is Here
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