Iridium Announces Third Quarter 2026 Results
PR Newswire•20/10/2026•07:00 ET
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Key Highlights
- ➤Rocket Lab (RKLB) acquisition approved by 99.6% of votes cast
- ➤Iridium (IRDM) expects Rocket Lab transaction completion by mid-2027
- ➤Q3 revenue $245.7 million, up 8% year over year
- ➤Q3 net income $106.9 million, versus $37.1 million year earlier
- ➤Board plans quarterly dividend increase to $0.16 per share
Expert Statements
Matt Desch, CEO of Iridium
“Last month’s stockholder approval for Rocket Lab’s acquisition of Iridium was an important milestone in creating a next generation space powerhouse.”
Matt Desch, CEO of Iridium
“The combination of these two leading space companies will unlock new innovation in the space industry and accelerate our growth in critical space-based missions.”
Completes acquisition of Aireon; Pending acquisition by Rocket Lab receives stockholder approval
MCLEAN, Va., Oct. 20, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium" or the "Company"), a leading provider of global voice, data, aircraft surveillance, and positioning, navigation, and timing (PNT) satellite services, today reported financial results for the third quarter of 2026.
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