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Side-by-side financial comparison of AST SpaceMobile, Inc. (ASTS) and Integra Resources Corp. (ITRG). Click either name above to swap in a different company.

Integra Resources Corp. is the larger business by last-quarter revenue ($57.0M vs $54.3M, roughly 1.1× AST SpaceMobile, Inc.). Integra Resources Corp. runs the higher net margin — -9.6% vs -136.2%, a 126.6% gap on every dollar of revenue.

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.

Integra Resources Corp is a mineral exploration and development firm focused on advancing high-potential gold and silver projects. It primarily operates in the western United States, conducting geological surveys, resource assessment, and feasibility studies to unlock value from precious metal deposits while adhering to sustainable operational standards.

ASTS vs ITRG — Head-to-Head

Bigger by revenue
ITRG
ITRG
1.1× larger
ITRG
$57.0M
$54.3M
ASTS
Higher net margin
ITRG
ITRG
126.6% more per $
ITRG
-9.6%
-136.2%
ASTS

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
ASTS
ASTS
ITRG
ITRG
Revenue
$54.3M
$57.0M
Net Profit
$-74.0M
$-5.5M
Gross Margin
Operating Margin
-175.0%
Net Margin
-136.2%
-9.6%
Revenue YoY
2758.2%
Net Profit YoY
-106.3%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASTS
ASTS
ITRG
ITRG
Q4 25
$54.3M
Q3 25
$14.7M
Q1 25
$57.0M
Q4 23
$0
Q3 23
$0
Q2 23
$0
Q4 22
$-1.0K
Q2 22
$7.3M
Net Profit
ASTS
ASTS
ITRG
ITRG
Q4 25
$-74.0M
Q3 25
$-122.9M
Q1 25
$-5.5M
Q4 23
$-31.9M
Q3 23
$-20.9M
Q2 23
$-18.4M
Q4 22
$-8.2M
Q2 22
$-2.9M
Gross Margin
ASTS
ASTS
ITRG
ITRG
Q4 25
Q3 25
Q1 25
Q4 23
Q3 23
Q2 23
Q4 22
200.0%
Q2 22
69.7%
Operating Margin
ASTS
ASTS
ITRG
ITRG
Q4 25
-175.0%
Q3 25
-1109.0%
Q1 25
Q4 23
Q3 23
Q2 23
Q4 22
2522300.0%
Q2 22
-109.7%
Net Margin
ASTS
ASTS
ITRG
ITRG
Q4 25
-136.2%
Q3 25
-833.7%
Q1 25
-9.6%
Q4 23
Q3 23
Q2 23
Q4 22
822900.0%
Q2 22
-40.3%
EPS (diluted)
ASTS
ASTS
ITRG
ITRG
Q4 25
Q3 25
Q1 25
Q4 23
Q3 23
Q2 23
Q4 22
Q2 22
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASTS
ASTS
ITRG
ITRG
Cash + ST InvestmentsLiquidity on hand
$4.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
Total Assets
$5.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTS
ASTS
ITRG
ITRG
Q4 25
$4.3B
Q3 25
$2.4B
Q1 25
Q4 23
$155.3M
Q3 23
$251.7M
Q2 23
$372.9M
Q4 22
$469.3M
Q2 22
$395.1M
Total Debt
ASTS
ASTS
ITRG
ITRG
Q4 25
Q3 25
Q1 25
Q4 23
Q3 23
Q2 23
$4.6M
Q4 22
$4.8M
Q2 22
$4.9M
Stockholders' Equity
ASTS
ASTS
ITRG
ITRG
Q4 25
$2.4B
Q3 25
$1.6B
Q1 25
Q4 23
$213.6M
Q3 23
$287.2M
Q2 23
$335.9M
Q4 22
$359.8M
Q2 22
$310.3M
Total Assets
ASTS
ASTS
ITRG
ITRG
Q4 25
$5.0B
Q3 25
$2.6B
Q1 25
Q4 23
$360.9M
Q3 23
$402.1M
Q2 23
$408.5M
Q4 22
$438.4M
Q2 22
$384.9M
Debt / Equity
ASTS
ASTS
ITRG
ITRG
Q4 25
Q3 25
Q1 25
Q4 23
Q3 23
Q2 23
0.01×
Q4 22
0.01×
Q2 22
0.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASTS
ASTS
ITRG
ITRG
Operating Cash FlowLast quarter
$65.0M
Free Cash FlowOCF − Capex
$-330.7M
FCF MarginFCF / Revenue
-609.0%
Capex IntensityCapex / Revenue
728.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-790.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTS
ASTS
ITRG
ITRG
Q4 25
$65.0M
Q3 25
$-64.5M
Q1 25
Q4 23
$-24.9M
Q3 23
$-36.1M
Q2 23
$-50.3M
Q4 22
$-35.0M
Q2 22
$-41.0M
Free Cash Flow
ASTS
ASTS
ITRG
ITRG
Q4 25
$-330.7M
Q3 25
$-302.9M
Q1 25
Q4 23
$-47.2M
Q3 23
$-109.5M
Q2 23
$-57.8M
Q4 22
$-46.5M
Q2 22
$-69.9M
FCF Margin
ASTS
ASTS
ITRG
ITRG
Q4 25
-609.0%
Q3 25
-2055.0%
Q1 25
Q4 23
Q3 23
Q2 23
Q4 22
4647400.0%
Q2 22
-962.8%
Capex Intensity
ASTS
ASTS
ITRG
ITRG
Q4 25
728.7%
Q3 25
1617.6%
Q1 25
Q4 23
Q3 23
Q2 23
Q4 22
-1143400.0%
Q2 22
398.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASTS
ASTS

Products$44.4M82%
Other$7.8M14%
Sat Co$2.1M4%

ITRG
ITRG

Segment breakdown not available.

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