Iridium Communications IRDM
NASDAQ IRDM
$47.21 +0.26 (+0.55%)
At close: Sep 4, 2026 · 4:00 PM EDT

Iridium Communications (IRDM) Long-Term Debt Issuances (2018 - 2024)

Iridium Communications' (IRDM) quarterly Long-Term Debt Issuances came in at $198.0 million in Q3 2024, up 209.67% year-over-year from $63.9 million in Q4 2023, and up 104.25% quarter-over-quarter from $96.9 million in Q2 2024.

Analysis

Iridium Communications (IRDM) Long-Term Debt Issuances (2018 - 2024) Analysis & Trends

Iridium Communications (IRDM) has reported Long-Term Debt Issuances for 6 consecutive years, with $198.0 million the latest figure, recorded in Q3 2024.

  • On a quarterly basis, Long-Term Debt Issuances rose 209.67% year-over-year to $198.0 million in Q3 2024; TTM through Jun 2025 was $198.0 million, a 30.7% decrease from a year earlier, with the FY2024 full-year figure at $419.8 million, up 556.53% from the prior year.
  • Long-Term Debt Issuances was $198.0 million for Q3 2024 at Iridium Communications, up from $96.9 million in the prior quarter.
  • Over five years, Long-Term Debt Issuances peaked at $383.5 million in Q1 2020 and troughed at $63.9 million in Q3 2023.
  • A 4-year average of $174.4 million and a median of $152.1 million in 2021 frame the typical range for Long-Term Debt Issuances.
  • The widest YoY moves for Long-Term Debt Issuances: up 209.67% in 2024, down 209.67% in 2024.
  • Over 4 years, Long-Term Debt Issuances stood at $383.5 million in 2020, then sank by 53.24% to $179.3 million in 2021, then slumped by 64.34% to $63.9 million in 2023, then surged by 209.67% to $198.0 million in 2024.
  • The last three Long-Term Debt Issuances figures came in at $198.0 million (Q3 2024), $96.9 million (Q2 2024), and $124.8 million (Q1 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Debt Issuances (Qtr)
1 EchoStar 26.05 Bn 24.60 Bn 1.65 Bn -
2 AST SpaceMobile 24.25 Bn 24.75 Bn 9.12 Mn -
3 Globalstar 10.67 Bn 10.26 Bn 41.17 Mn 19.90 Mn
4 Viasat 10.38 Bn 8.72 Bn 643.41 Mn -
5 Iridium Communications 5.00 Bn 4.82 Bn 173.92 Mn -
6 Telesat 666.48 Mn 973.30 Mn 53.65 Mn 72.34 Mn
7 Gogo 384.81 Mn 321.68 Mn - -
8 Kvh Industries Inc \De\ 139.10 Mn 81.38 Mn 14.63 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 198.00 Mn
Jun 30, 2024 96.94 Mn
Mar 31, 2024 124.84 Mn
Sep 30, 2023 63.94 Mn
Sep 30, 2021 179.29 Mn
Mar 31, 2020 383.45 Mn
Dec 31, 2019 1.32 Bn
Sep 30, 2019 72.00 Mn
Jun 30, 2019 54.00 Mn
Mar 31, 2018 360.00 Mn