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Photo: ITU PolReC / Wikimedia Commons (CC BY-SA 4.0)
Iridium Reports Q2 2026 Revenue Beat, Earnings Miss
Iridium reported Q2 2026 revenue of about $225 million with net income around $9.7 million and earnings per share of $0.09, missing EPS estimates but beating revenue expectations as higher costs from its Rocket Lab acquisition weighed on profitability. The company also highlighted growth in commercial IoT, 2.627 million billable subscribers, and six-month revenue of about $444 million, signaling solid top-line momentum alongside near-term margin pressure.
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Rocket Lab, Inc. is a publicly traded aerospace manufacturer and launch service provider that operates and launches lightweight Electron orbital rockets, that provide dedicated launches for small satellites. The company plans to build a larger Neutron rocket as early as 2024. Electron rockets have launched 33 times from either Rocket Lab's Launch Complex 1 in New Zealand and at the Mid-Atlantic Regional Spaceport in Wallops Island, Virginia, United States.

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