Monday 12 October 2026 Export all ASTS data to Excel Powerpack

AST SpaceMobile, Inc.

AST SpaceMobile, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $70.9 million, up 1,505.2% from fiscal 2024. In the quarter to June 2026, revenue grew 2,626.6%, EPS fell 87.8%, free cash flow fell 103.4% and total debt rose 506.3%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.

51.40 0.43 +0.84%

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Market cap: $19.8B
P/E: 0.0×
Fwd P/E: −62.2×
Dividend yield: —
F-score: n/a
Altman Z: 4.40
Beneish M: 16.88
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.81

Total sells 451.61

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	3	—	—	—	—	—	—	—	1	—	—
Sell	1	4	—	—	1	1	2	2	—	—	2	—

Insider Ownership 37.24%

Capital & Financial Ratios $m

Market Cap 19,830.00

Revenue 115.30

Net Income (810.98)

Free Cash Flow (1,736.54)

Net Debt 677.48

Current Ratio 13.05

Debt/Equity 1.24

P/E ratio 0.00

Fwd P/E (62.20)

P/S ratio 132.21

P/B ratio 6.36

Past 5Y EPS Growth —

This Y EPS Growth (135.80%)

Next Y EPS Growth 45.84%

Next Y revenue growth 138.02%

Next 5Y EPS Growth 45.90%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 56.94%

10-year low 10-year high

P/B against its own 10 years 54.52%

10-year low 10-year high

EV/Sales against its own 10 years 56.31%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	88	568	2,337	2,294
Receivables	—	1	38	79
Inventory	—	1	12	28
Other	14	22	60	75
	107	600	2,459	2,494

	2023	2024	2025	Q'26
Payables	21	17	47	61
ST’ Debt	0	3	12	8
Other	—	42	20	15
	46	76	150	191

Compound Annual Growth %

	10y	5y	3y
Sales	—	41.72%	78.81%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	27.69%	97.32%	88.04%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	15	32	—	—	—
’25	1	1	15	54	71
’24	1	1	1	2	4
’22	2	7	4	0	14
’21	1	3	2	6	12

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(48)	(97)	—	—	—
’25	(29)	(43)	(64)	65	(72)
’24	(48)	(16)	(33)	(28)	(126)
’23	(38)	(50)	(36)	(25)	(149)
’22	(48)	(41)	(33)	(35)	(156)
’21	(9)	(30)	(20)	(21)	(80)
’20	0	(9)	(4)	(10)	(23)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(327)	(719)	—	—	—
’25	(149)	(354)	(331)	(359)	(1,193)
’24	(88)	(38)	(64)	(110)	(300)
’23	(53)	(58)	(110)	(47)	(268)
’22	(69)	(53)	(45)	(46)	(214)
’22	—	—	—	—	(156)
’21	(20)	(37)	(42)	(36)	(135)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.66)	(0.77)	—	—	—
’25	(0.20)	(0.41)	(0.45)	(0.26)	(1.34)
’24	(0.16)	(0.51)	(1.10)	(0.18)	(1.94)
’23	(0.23)	(0.24)	(0.23)	(0.35)	(1.07)
’22	(0.21)	(0.06)	(0.18)	(0.14)	(0.58)
’21	0.90	0.00	0.00	(1.83)	(0.37)
’20	—	—	—	—	(0.47)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	9.77	9.50	6.96	3.55	2.73	1.97	17.50	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	10.16	15.99	25.37	14.27	7.14	39.08	102.79
People
People	Employees	—	—	—	3	183	386	342	489	578	1,126
	Revenue/emp, $m	—	—	—	0.00	0.03	0.03	0.04	0.00	0.01	0.06
Income, $m
Income, $m	Revenue	—	—	—	—	6	12	14	—	4	71
	Gross margin, %	—	—	—	—	49.30	39.03	51.44	—	100.00	50.34
	EBT	—	—	—	1	(24)	(73)	(102)	(221)	(525)	(457)
	EBT margin, %	—	—	—	0.00	(406.80)	(587.91)	(741.38)	0.00	(11,883.25)	(644.57)
	Net income	—	0	0	1	(24)	(73)	(103)	(223)	(526)	(461)
	Depreciation	—	—	—	—	1	3	5	56	67	58
Per share, $
Per share, $	Revenue	—	—	—	0.00	0.69	0.24	0.25	0.00	0.03	0.28
	Earnings	—	—	—	0.03	0.01	(0.37)	(0.58)	(1.07)	(1.94)	(1.34)
	Cash flow	—	—	—	(0.07)	(2.65)	(1.55)	(2.87)	(1.82)	(0.82)	(0.28)
	Capex	—	—	—	0.00	(3.54)	(1.06)	(1.05)	(1.45)	(1.13)	(4.38)
	Free cash flow	—	—	—	(0.07)	(6.19)	(2.61)	(3.93)	(3.27)	(1.94)	(4.66)
	Book value	—	—	—	0.82	9.30	6.80	6.61	2.61	4.33	9.35
	Shares, m	—	—	—	6	9	52	54	82	155	256
Valuation, ×
Valuation, ×	P/E	—	—	—	—	0.00	0.00	0.00	—	0.00	0.00
	P/S	—	—	—	—	0.00	33.11	17.56	—	737.88	262.16
	P/B	—	—	—	—	4.88	1.17	0.67	—	4.87	7.77
	EV/Sales	—	—	—	—	0.00	7.41	0.62	—	645.30	260.51
	EV/FCF	—	—	—	—	(15.24)	(0.68)	(0.04)	—	(9.49)	(16.26)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	0	(23)	(80)	(156)	(149)	(126)	(72)
	Capex	—	—	—	—	(30)	(55)	(57)	(119)	(174)	(1,121)
	Free cash flow	—	—	—	0	(53)	(135)	(214)	(268)	(300)	(1,193)
Balance, $m
Balance, $m	Working capital	—	—	—	0	38	314	241	61	524	2,308
	Total debt	—	—	—	—	7	5	5	60	158	2,220
	Net debt	—	—	—	0	(43)	(320)	(234)	(29)	(409)	(117)
	Shareholders’ equity	—	—	—	5	80	352	360	214	669	2,392
Returns, %
Returns, %	ROA	—	—	0.00	(0.22)	(14.52)	(6.98)	(7.17)	(21.91)	(45.62)	(11.46)
	ROIC	—	—	—	(5.34)	(40.91)	(167.15)	(72.55)	(75.14)	(58.33)	(7.90)
	ROE	—	—	—	(0.24)	(56.62)	(8.78)	(8.89)	(30.54)	(67.99)	(22.34)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CIEN Ciena Corporation	$60.4B	97.4×	94.0×	+37.05% (above 0%: growing)	+437.14% (above 0%: growing)	−13.59% (below 0%: shrinking)	45.43%	18.02%	Compare
NOK Nokia Corporation	$56.8B	5.6×	—	+8.48% (above 0%: growing)	n/m	−624.57% (below 0%: shrinking)	44.57%	(1.04%)	Compare
UI Ubiquiti Inc.	$38.9B	41.4×	30.7×	+23.47% (above 0%: growing)	+6.80% (above 0%: growing)	+134.17% (above 0%: growing)	45.80%	36.27%	Compare
ERIC Ericsson	$28.9B	12.3×	—	−3.14% (below 0%: shrinking)	−7.14% (below 0%: shrinking)	−89.23% (below 0%: shrinking)	45.78%	11.24%	Compare
ASTS AST SpaceMobile, Inc.	$22.2B	— (loss-making)	— (loss-making)	+2,626.64% (above 0%: growing)	n/m	−103.37% (below 0%: shrinking)	25.23%	(944.09%)
ZBRA Zebra Technologies Corporation	$18.1B	35.2×	18.8×	+20.42% (above 0%: growing)	+122.27% (above 0%: growing)	+52.31% (above 0%: growing)	52.99%	20.62%	Compare
VIAV Viavi Solutions Inc.	$10.8B	— (loss-making)	59.1×	+52.53% (above 0%: growing)	+250.00% (above 0%: growing)	+6,100.00% (above 0%: growing)	59.06%	13.83%	Compare
VSAT Viasat Inc.	$9.3B	— (loss-making)	— (loss-making)	−1.24% (below 0%: shrinking)	n/m	−31.14% (below 0%: shrinking)	35.70%	4.09%	Compare
AAOI Applied Optoelectronics, Inc.	$9.0B	— (loss-making)	202×	+86.42% (above 0%: growing)	n/m	−191.62% (below 0%: shrinking)	27.72%	(12.88%)	Compare
Median of peers	$23.5B	35.2×	59.1×	+21.94%	+122.27%	−22.37%	45.60%	12.54%

All 47 Communication Equipment stocks →

AST SpaceMobile, Inc. (ASTS) key facts

Strength: AST SpaceMobile, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $70.9 million, up 1,505.2% from fiscal 2024.
AST SpaceMobile, Inc. (ASTS) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
As of October 12, 2026, ASTS traded at $53.63, a market capitalization of $19.8 billion.
Return on equity was −22.3% and debt-to-equity 1.24.
Its Altman Z-score is 4.40 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.