Company / R&D Expense
Iridium Communications R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$19.8M
FY2025
5-year range
$12.0M / $28.4M
FY2021-FY2025
Trend
-30.5%
vs FY2024
Sector context
#26 of 28
Communication Services
What the data says
Among 28 Communication Services companies, Iridium Communications is in the bottom 7% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $12M in FY2022 to $28M in FY2024.
Based on SEC 10-K filings.
$20M in FY2025 with a 5-year CAGR of +10.4%.
Declined from $20M to $20M over the past 2 years.
Communication Services sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +18.0%
- 5-Year CAGR
- +10.4%
- 10-Year CAGR
- -
Sector benchmark
Bottom 7% in Communication ServicesTop 93% of 28This company $19.8M Sector average $4.5B
▼
-99.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +10.4%, indicating consistent growth.
- In FY2025, r&d expense decreased 30.5% year-over-year.
- Ranks #26 out of 28 companies in the Communication Services sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.63 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 27.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $19.8M | -30.5% |
| FY2024 | $28.4M | +40.2% |
| FY2023 | $20.3M | +68.4% |
| FY2022 | $12.0M | -15.9% |
| FY2021 | $14.3M | +18.9% |
| FY2020 | $12.0M | -15.9% |
| FY2019 | $14.3M | -36.2% |
| FY2018 | $22.4M | +47.1% |
| FY2017 | $15.2M | -5.2% |
| FY2016 | $16.1M | -0.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026