CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Iridium Q3 net income more than doubles year over year to $106.9 million; Q3 revenue rises 8% to $245.73 million year over year

By Public Technologies
  • Iridium's third-quarter 2026 net income more than doubled year-over-year to $106.9 million, primarily due to a $103.9 million Aireon acquisition gain.
  • Revenue rose 8% year-over-year to $245.7 million, while total billable subscribers increased 6% to 2,696,000.
  • Stockholders approved Rocket Lab's acquisition, which is expected to close by mid-2027, subject to remaining regulatory approvals and closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iridium Communications Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610200700PR_NEWS_USPR_____PH74956) on October 20, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk