Iridium Communications Current Ratio Growth & History (IRDM)
Iridium Communications's current ratio was 2.48 for fiscal 2025.
View full Iridium Communications company overviewIridium Communications annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.48 | 0.75 | +43.13% |
| 2024 | 2024-12-31 | 1.73 | −0.33 | −16.05% |
| 2023 | 2023-12-31 | 2.06 | −0.10 | −4.72% |
| 2022 | 2022-12-31 | 2.16 | −1.74 | −44.54% |
| 2021 | 2021-12-31 | 3.90 | 0.82 | +26.77% |
| 2020 | 2020-12-31 | 3.08 | 0.06 | +2.03% |
| 2019 | 2019-12-31 | 3.01 | 1.53 | +102.89% |
| 2018 | 2018-12-31 | 1.49 | −0.43 | −22.56% |
| 2017 | 2017-12-31 | 1.92 | −4.29 | −69.11% |
| 2016 | 2016-12-31 | 6.21 | 1.47 | +31.03% |
| 2015 | 2015-12-31 | 4.74 | −0.86 | −15.34% |
| 2014 | 2014-12-31 | 5.60 | 1.96 | +53.79% |
| 2013 | 2013-12-31 | 3.64 | −0.50 | −12.09% |
| 2012 | 2012-12-31 | 4.14 | 1.77 | +74.77% |
| 2011 | 2011-12-31 | 2.37 | 0.81 | +51.96% |
| 2010 | 2010-12-31 | 1.56 | — | — |
Iridium Communications quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.78 | 0.27 | +10.90% |
| Q1 2026 | 2026-03-31 | 2.85 | 0.87 | +43.57% |
| Q4 2025 | 2025-12-31 | 2.48 | 0.75 | +43.13% |
| Q3 2025 | 2025-09-30 | 2.67 | 0.05 | +1.91% |
| Q2 2025 | 2025-06-30 | 2.51 | 0.26 | +11.49% |
| Q1 2025 | 2025-03-31 | 1.99 | −1.35 | −40.45% |
| Q4 2024 | 2024-12-31 | 1.73 | −0.33 | −16.05% |
| Q3 2024 | 2024-09-30 | 2.62 | 0.50 | +23.39% |
| Q2 2024 | 2024-06-30 | 2.25 | 0.09 | +4.05% |
| Q1 2024 | 2024-03-31 | 3.33 | 0.94 | +39.16% |
| Q4 2023 | 2023-12-31 | 2.06 | −0.10 | −4.72% |
| Q3 2023 | 2023-09-30 | 2.13 | −0.70 | −24.75% |
| Q2 2023 | 2023-06-30 | 2.16 | −1.07 | −33.14% |
| Q1 2023 | 2023-03-31 | 2.40 | −1.28 | −34.76% |
| Q4 2022 | 2022-12-31 | 2.16 | −1.74 | −44.54% |
| Q3 2022 | 2022-09-30 | 2.82 | −1.38 | −32.76% |
| Q2 2022 | 2022-06-30 | 3.23 | −0.47 | −12.64% |
| Q1 2022 | 2022-03-31 | 3.67 | 0.02 | +0.63% |
| Q4 2021 | 2021-12-31 | 3.90 | 0.82 | +26.77% |
| Q3 2021 | 2021-09-30 | 4.20 | 1.35 | +47.57% |
| Q2 2021 | 2021-06-30 | 3.70 | 1.45 | +64.59% |
| Q1 2021 | 2021-03-31 | 3.65 | 1.63 | +80.85% |
| Q4 2020 | 2020-12-31 | 3.08 | 0.06 | +2.03% |
| Q3 2020 | 2020-09-30 | 2.85 | 1.94 | +212.85% |
| Q2 2020 | 2020-06-30 | 2.25 | 1.12 | +99.80% |
| Q1 2020 | 2020-03-31 | 2.02 | 0.96 | +91.40% |
| Q4 2019 | 2019-12-31 | 3.01 | 1.53 | +102.89% |
| Q3 2019 | 2019-09-30 | 0.91 | −0.62 | −40.53% |
| Q2 2019 | 2019-06-30 | 1.13 | −1.05 | −48.31% |
| Q1 2019 | 2019-03-31 | 1.05 | −1.63 | −60.65% |
| Q4 2018 | 2018-12-31 | 1.49 | −0.43 | −22.56% |
| Q3 2018 | 2018-09-30 | 1.53 | −1.25 | −44.91% |
| Q2 2018 | 2018-06-30 | 2.18 | −0.05 | −2.11% |
| Q1 2018 | 2018-03-31 | 2.68 | −2.27 | −45.92% |
| Q4 2017 | 2017-12-31 | 1.92 | −4.29 | −69.11% |
| Q3 2017 | 2017-09-30 | 2.78 | −1.85 | −40.05% |
| Q2 2017 | 2017-06-30 | 2.22 | −4.05 | −64.52% |
| Q1 2017 | 2017-03-31 | 4.95 | −1.25 | −20.20% |
| Q4 2016 | 2016-12-31 | 6.21 | 1.47 | +31.03% |
| Q3 2016 | 2016-09-30 | 4.63 | −0.91 | −16.48% |
| Q2 2016 | 2016-06-30 | 6.27 | 0.89 | +16.59% |
| Q1 2016 | 2016-03-31 | 6.21 | 0.52 | +9.09% |
| Q4 2015 | 2015-12-31 | 4.74 | −0.86 | −15.34% |
| Q3 2015 | 2015-09-30 | 5.55 | −0.13 | −2.24% |
| Q2 2015 | 2015-06-30 | 5.38 | −0.65 | −10.77% |
| Q1 2015 | 2015-03-31 | 5.69 | 2.31 | +68.48% |
| Q4 2014 | 2014-12-31 | 5.60 | 1.96 | +53.79% |
| Q3 2014 | 2014-09-30 | 5.67 | 2.24 | +65.29% |
| Q2 2014 | 2014-06-30 | 6.03 | 2.31 | +62.11% |
| Q1 2014 | 2014-03-31 | 3.38 | 0.18 | +5.48% |
| Q4 2013 | 2013-12-31 | 3.64 | −0.50 | −12.09% |
| Q3 2013 | 2013-09-30 | 3.43 | 0.51 | +17.35% |
| Q2 2013 | 2013-06-30 | 3.72 | 1.57 | +72.78% |
| Q1 2013 | 2013-03-31 | 3.20 | 1.97 | +160.38% |
| Q4 2012 | 2012-12-31 | 4.14 | 1.77 | +74.77% |
| Q3 2012 | 2012-09-30 | 2.92 | 0.19 | +7.12% |
| Q2 2012 | 2012-06-30 | 2.15 | 0.49 | +29.85% |
| Q1 2012 | 2012-03-31 | 1.23 | — | — |
| Q4 2011 | 2011-12-31 | 2.37 | 0.80 | +50.82% |
| Q3 2011 | 2011-09-30 | 2.73 | — | — |
| Q2 2011 | 2011-06-30 | 1.66 | — | — |
| Q4 2010 | 2010-12-31 | 1.57 | — | — |
Iridium Communications current ratio trends
Over the last five fiscal years, Iridium Communications's current ratio decreased from 3.08 to 2.48, a change of −0.60. The latest reported quarter, Q2 2026, shows 2.78.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Iridium Communications source filings ↗