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Balance Sheets Overview

Current Ratio
278.21%
Quick Ratio
231.38%
Cash Ratio
135.92%
Debt to Asset Ratio
81.58%
Unit: Thousand (K) dollars
Assets Breakdown
    • Property and equipment, net
    • Accounts receivable, net
    • Goodwill
    • Others
Liabilities Breakdown
    • Long-term secured debt, net
    • Additional paid-in capital
    • Accumulated deficit
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
184,214
111,644
96,501
88,533
Accounts receivable, net
104,515
104,382
93,772
94,494
Inventory
63,470
69,667
73,764
76,187
Prepaid expenses and other current assets
24,867
23,444
12,466
16,748
Total current assets
377,066
309,137
276,503
275,962
Total depreciable property and equipment
-
-
3,961,774
-
Less accumulated depreciation
-
-
2,195,722
-
Land
-
-
8,037
-
Spare satellites
-
-
45,441
-
Construction in progress, gross
-
-
158,623
-
Property and equipment, net
1,927,018
1,953,491
1,978,153
1,993,124
Equity method investments
37,511
39,017
39,773
40,351
Other assets
41,890
46,905
50,710
57,756
Intangible assets, net
82,666
84,797
86,928
87,915
Goodwill
98,942
98,942
98,942
98,942
Total assets
2,565,093
2,532,289
2,531,009
2,554,050
Short-term debt
-
-
3,402
-
Short-term secured debt
12,532
7,967
-
0
Accounts payable
11,521
11,766
17,676
13,152
Accrued expenses and other current liabilities
74,260
50,583
49,465
48,571
Deferred revenue
37,222
38,128
41,127
41,526
Total current liabilities
135,535
108,444
111,670
103,249
Total long term debt, net
-
-
1,757,124
-
Long-term secured debt, net
1,749,342
1,753,217
-
1,809,843
Deferred income tax liabilities, net
138,424
137,615
130,529
125,792
Deferred revenue, net of current portion
41,959
36,891
40,316
35,425
Other long-term liabilities
27,322
27,771
28,770
29,244
Total liabilities
2,092,582
2,063,938
2,068,409
2,103,553
Common stock, 0.001 par value, 300,000 shares authorized, 105,956 and 104,918 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
106
106
105
105
Additional paid-in capital
864,367
866,917
880,643
889,398
Accumulated deficit
-387,281
-396,960
-418,554
-443,419
Accumulated other comprehensive income (loss), net of tax
-4,681
-1,712
406
4,413
Total stockholders equity
472,511
468,351
462,600
450,497
Total liabilities and stockholders equity
2,565,093
2,532,289
2,531,009
2,554,050
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$184,214K (132.27%↑ Y/Y)Accounts receivable, net$104,515K (28.96%↑ Y/Y)Inventory$63,470K (-18.01%↓ Y/Y)Prepaid expenses andother current assets$24,867K (40.83%↑ Y/Y)Property and equipment,net$1,927,018K (-4.58%↓ Y/Y)Total current assets$377,066K (47.63%↑ Y/Y)Goodwill$98,942K (0.00%↑ Y/Y)Intangible assets, net$82,666K (-7.01%↓ Y/Y)Other assets$41,890K (-34.86%↓ Y/Y)Equity methodinvestments$37,511K (-8.76%↓ Y/Y)Total assets$2,565,093K (-0.12%↓ Y/Y)Total liabilities andstockholders equity$2,565,093K (-0.12%↓ Y/Y)Total liabilities$2,092,582K (-0.09%↓ Y/Y)Total stockholdersequity$472,511K (-0.23%↓ Y/Y)Accumulated deficit-$387,281K (13.30%↑ Y/Y)Accumulated othercomprehensive income (loss),...-$4,681K (-150.32%↓ Y/Y)Long-term secured debt,net$1,749,342K (-3.31%↓ Y/Y)Deferred income taxliabilities, net$138,424K (17.36%↑ Y/Y)Total currentliabilities$135,535K (33.12%↑ Y/Y)Deferred revenue, net ofcurrent portion$41,959K (8.54%↑ Y/Y)Other long-termliabilities$27,322K (1.55%↑ Y/Y)Additional paid-in capital$864,367K (-5.11%↓ Y/Y)Common stock, 0.001 parvalue, 300,000 shares...$106K (0.00%↑ Y/Y)Accrued expenses andother current...$74,260K (66.67%↑ Y/Y)Deferred revenue$37,222K (-18.57%↓ Y/Y)Short-term secured debt$12,532K Accounts payable$11,521K (-0.26%↓ Y/Y)
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Iridium Communications Inc. (IRDM)

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Iridium Communications Inc. (IRDM)