Iridium Communications Inc. reported third-quarter 2026 total revenue of $245.7 million and net income of $106.9 million, or $0.98 per diluted share, driven by an $103.9 million gain from its acquisition of Aireon. Operational EBITDA was $135.6 million, while billable subscribers grew 6% year-over-year to 2.7 million. The company also announced that its pending acquisition by Rocket Lab received stockholder approval with 99.6% in favor and is expected to close by mid-2027 subject to regulatory approvals. Additionally, Iridium's Board of Directors approved an increase in the quarterly dividend from $0.15 to $0.16 per share starting in the fourth quarter. Iridium operates a global mobile satellite network providing voice, data, and positioning services.
