Company: IRDM
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001418819-25-000009
Chunk: 2

Company: Iridium Communications Inc.
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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0.63 Comprehensive income:Net income$37,127 $24,446 $89,507 $76,435 Foreign currency translation adjustments(315)(288)2,933 (1,011)Unrealized loss on cash flow hedges, net of tax (see Note 6)(4,575)(19,401)(16,791)(17,518)Comprehensive income$32,237 $4,757 $75,649 $57,906 

See notes to unaudited condensed consolidated financial statements.

4

Iridium Communications Inc.

Condensed Consolidated Statements of Changes in Stockholders’ Equity

(In thousands, except per share amounts)

(Unaudited)

Three Months Ended September 30, 2025Three Months Ended September 30, 2024Common StockAdditional Paid-In CapitalAccumulated DeficitAccumulatedOther Comprehensive IncomeTotal Stockholders’ EquityCommon StockAdditional Paid-In CapitalAccumulated DeficitAccumulatedOther Comprehensive IncomeTotal Stockholders’ EquitySharesAmountSharesAmountBalances at beginning of period106,393 $106 $910,880 $(446,674)$9,303 $473,615 118,518 $119 $1,043,691 $(292,178)$35,067 $786,699 Stock-based compensation— — 14,652 — — 14,652 — — 19,035 — — 19,035 Stock options exercised and awards vested380 1 223 — — 224 443 — 266 — — 266 Stock withheld to cover employee taxes(131)— (3,541)— — (3,541)(27)— (706)— — (706)Repurchases and retirements of common stock(1,906)(2)(16,558)(33,872)— (50,432)(4,688)(5)(42,059)(87,739)— (129,803)Dividends— — (16,258)— — (16,258)— — (16,491)— — (16,491)Cumulative translation adjustments— — — — (315)(315)— — — — (288)(288)Unrealized loss on cash flow hedges, net of tax— — —