AST SpaceMobile, Inc.ASTSEarnings & Financial Report
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.
Revenue
$500.0K
Gross Profit
N/A
Operating Profit
$-39.5M
Net Profit
$-19.7M
Gross Margin
N/A
Operating Margin
-7902.0%
Net Margin
-3946.0%
YoY Growth
-79.1%
Financial Flow
AST SpaceMobile, Inc. Q1 2024 Financial Summary
AST SpaceMobile, Inc. reported revenue of $500.0K (down 79.1% YoY) for Q1 2024, with a net profit of $-19.7M (down 20.9% YoY) (-3946.0% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $500.0K |
|---|---|
| Net Profit | $-19.7M |
| Gross Margin | N/A |
| Operating Margin | -7902.0% |
| Report Period | Q1 2024 |
AST SpaceMobile, Inc. Annual Revenue by Year
AST SpaceMobile, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $70.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $70.9M |
| 2024 | $4.4M |
| 2022 | $13.8M |
AST SpaceMobile, Inc. Quarterly Revenue & Net Profit History
AST SpaceMobile, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $54.3M | +2758.2% | $-74.0M | -136.2% |
| Q3 2025 | $14.7M | +1239.9% | $-122.9M | -833.7% |
| Q2 2025 | $1.2M | +28.4% | $-99.4M | -8598.1% |
| Q1 2025 | $718.0K | +43.6% | $-45.7M | -6365.7% |
| Q4 2024 | $1.9M | — | $-35.9M | -1887.2% |
| Q3 2024 | $1.1M | — | $-171.9M | -15631.5% |
| Q2 2024 | $900.0K | — | $-72.5M | -8061.1% |
| Q1 2024 | $500.0K | -79.1% | $-19.7M | -3946.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $500000 | $900000 | $1.1M | $1.9M | $718000 | $1.2M | $14.7M | $54.3M |
| YoY Growth | -79.1% | N/A | N/A | N/A | 43.6% | 28.4% | 1239.9% | 2758.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $501.7M | $579.6M | $821.6M | $954.6M | $1.37B | $1.88B | $2.55B | $5.01B |
| Liabilities | $215.9M | $337.8M | $318.8M | $285.4M | $603.0M | $723.6M | $924.9M | $2.62B |
| Equity | $285.8M | $241.9M | $502.8M | $669.1M | $766.7M | $1.16B | $1.63B | $2.39B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-48.1M | $-16.2M | $-33.4M | $-28.4M | $-28.5M | $-43.5M | $-64.5M | $65.0M |