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Side-by-side financial comparison of AST SpaceMobile, Inc. (ASTS) and UMH PROPERTIES, INC. (UMH). Click either name above to swap in a different company.

UMH PROPERTIES, INC. is the larger business by last-quarter revenue ($67.0M vs $54.3M, roughly 1.2× AST SpaceMobile, Inc.). UMH PROPERTIES, INC. runs the higher net margin — 6.8% vs -136.2%, a 143.0% gap on every dollar of revenue. On growth, AST SpaceMobile, Inc. posted the faster year-over-year revenue change (2758.2% vs 8.2%).

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.

UMH Properties, Inc. is a public equity real estate investment trust (REIT) that owns and operates a portfolio of 135 manufactured home communities with approximately 25,700 developed homesites. These communities are located in 12 states: New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina, Georgia, and Florida. UMH also owns and operates two communities in Florida through its joint venture with Nuveen Real Estate.

ASTS vs UMH — Head-to-Head

Bigger by revenue
UMH
UMH
1.2× larger
UMH
$67.0M
$54.3M
ASTS
Growing faster (revenue YoY)
ASTS
ASTS
+2749.9% gap
ASTS
2758.2%
8.2%
UMH
Higher net margin
UMH
UMH
143.0% more per $
UMH
6.8%
-136.2%
ASTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASTS
ASTS
UMH
UMH
Revenue
$54.3M
$67.0M
Net Profit
$-74.0M
$4.6M
Gross Margin
Operating Margin
-175.0%
Net Margin
-136.2%
6.8%
Revenue YoY
2758.2%
8.2%
Net Profit YoY
-106.3%
-8.1%
EPS (diluted)
$-0.01

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
UMH
UMH
Q4 25
$54.3M
$67.0M
Q3 25
$14.7M
$66.9M
Q2 25
$66.6M
Q1 25
$61.2M
Q4 24
$61.9M
Q3 24
$60.7M
Q2 24
$60.3M
Q1 24
$57.7M
Net Profit
ASTS
ASTS
UMH
UMH
Q4 25
$-74.0M
$4.6M
Q3 25
$-122.9M
$9.3M
Q2 25
$7.6M
Q1 25
$4.8M
Q4 24
$5.0M
Q3 24
$12.9M
Q2 24
$5.2M
Q1 24
$-1.6M
Operating Margin
ASTS
ASTS
UMH
UMH
Q4 25
-175.0%
Q3 25
-1109.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Net Margin
ASTS
ASTS
UMH
UMH
Q4 25
-136.2%
6.8%
Q3 25
-833.7%
13.9%
Q2 25
11.4%
Q1 25
7.9%
Q4 24
8.0%
Q3 24
21.3%
Q2 24
8.6%
Q1 24
-2.8%
EPS (diluted)
ASTS
ASTS
UMH
UMH
Q4 25
$-0.01
Q3 25
$0.05
Q2 25
$0.03
Q1 25
$0.00
Q4 24
$0.00
Q3 24
$0.11
Q2 24
$0.01
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
ASTS
ASTS
UMH
UMH
Cash + ST InvestmentsLiquidity on hand
$4.3B
$72.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$905.5M
Total Assets
$5.0B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTS
ASTS
UMH
UMH
Q4 25
$4.3B
$72.1M
Q3 25
$2.4B
$34.1M
Q2 25
$79.2M
Q1 25
$35.2M
Q4 24
$99.7M
Q3 24
$66.7M
Q2 24
$39.5M
Q1 24
$39.9M
Stockholders' Equity
ASTS
ASTS
UMH
UMH
Q4 25
$2.4B
$905.5M
Q3 25
$1.6B
$924.7M
Q2 25
$932.0M
Q1 25
$912.4M
Q4 24
$914.0M
Q3 24
$856.5M
Q2 24
$742.0M
Q1 24
$715.1M
Total Assets
ASTS
ASTS
UMH
UMH
Q4 25
$5.0B
$1.7B
Q3 25
$2.6B
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B

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
UMH
UMH
Operating Cash FlowLast quarter
$65.0M
$82.0M
Free Cash FlowOCF − Capex
$-330.7M
FCF MarginFCF / Revenue
-609.0%
Capex IntensityCapex / Revenue
728.7%
Cash ConversionOCF / Net Profit
17.92×
TTM Free Cash FlowTrailing 4 quarters
$-790.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTS
ASTS
UMH
UMH
Q4 25
$65.0M
$82.0M
Q3 25
$-64.5M
$23.4M
Q2 25
$24.4M
Q1 25
$12.8M
Q4 24
$81.6M
Q3 24
$16.7M
Q2 24
$18.6M
Q1 24
$19.0M
Free Cash Flow
ASTS
ASTS
UMH
UMH
Q4 25
$-330.7M
Q3 25
$-302.9M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ASTS
ASTS
UMH
UMH
Q4 25
-609.0%
Q3 25
-2055.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ASTS
ASTS
UMH
UMH
Q4 25
728.7%
Q3 25
1617.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ASTS
ASTS
UMH
UMH
Q4 25
17.92×
Q3 25
2.53×
Q2 25
3.21×
Q1 25
2.66×
Q4 24
16.39×
Q3 24
1.30×
Q2 24
3.58×
Q1 24

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%

UMH
UMH

Segment breakdown not available.

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