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AST SpaceMobile, Inc.

AST SpaceMobile, Inc.ASTSEarnings & Financial Report

Nasdaq · space industry

AST SpaceMobile, Inc. is a publicly traded satellite designer and manufacturer based in Midland, Texas, United States. The company is building the SpaceMobile satellite constellation, a space-based cellular broadband network designed to connect directly to standard, unmodified smartphones. The network is intended to deliver 4G and 5G broadband coverage globally, particularly in remote and underserved regions.

NextMar 31, 2026

ASTS Q3 2025 Key Financial Metrics

Revenue

$14.7M

Gross Profit

N/A

Operating Profit

$-163.5M

Net Profit

$-122.9M

Gross Margin

N/A

Operating Margin

-1109.0%

Net Margin

-833.7%

YoY Growth

1239.9%

Financial Flow

AST SpaceMobile, Inc. Q3 2025 Financial Summary

AST SpaceMobile, Inc. reported revenue of $14.7M for Q3 2025, with a net profit of $-122.9M (-833.7% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$14.7M
Net Profit$-122.9M
Gross MarginN/A
Operating Margin-1109.0%
Report PeriodQ3 2025

AST SpaceMobile, Inc. Annual Revenue by Year

AST SpaceMobile, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $4.4M).

YearAnnual Revenue
2024$4.4M
2023$2.4M
2022$13.8M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$0$500000$900000$1.1M$1.9M$718000$1.2M$14.7M
YoY GrowthN/A-79.1%N/AN/AN/A43.6%28.4%1239.9%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$360.9M$501.7M$579.6M$821.6M$954.6M$1.37B$1.88B$2.55B
Liabilities$147.3M$215.9M$337.8M$318.8M$285.4M$603.0M$723.6M$924.9M
Equity$213.6M$285.8M$241.9M$502.8M$669.1M$766.7M$1.16B$1.63B

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-24.9M$-48.1M$-16.2M$-33.4M$-28.4M$-28.5M$-43.5M$-64.5M