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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |