From TokenPost · · 40s
Iridium Revenue Rises 8% as Aireon Gain Lifts Quarterly Profit
Iridium's Q3 2026 revenue up 8% to $245.7m with Aireon acquisition gain boosting profit.
In brief
Iridium's Q3 2026 revenue up 8% to $245.7m with Aireon acquisition gain boosting profit. Iridium Communications reported 8% higher Q3 2026 revenue of $245.7 million after Aireon acquisition gain lifted profit. Originally reported by TokenPost.
Iridium Q3 Revenue
Iridium Communications Inc. grew third-quarter 2026 revenue 8% to $245.7 million.
Aireon Acquisition Gain
A $103.9 million gain tied to Aireon lifted profit as its proposed acquisition by Rocket Lab remains pending.
Q3 Profit Results
Net income reached $106.9 million, or $0.98 per diluted share, compared with $37.1 million, or $0.35 per diluted share, in Q3 2025.
The bottom line
Iridium Communications reported 8% higher Q3 2026 revenue of $245.7 million after Aireon acquisition gain lifted profit.
