AST SpaceMobile, Inc.

ASTS Technology Communication Equipment

AST SpaceMobile, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $70.9 million, up 1,505.2% from fiscal 2024.

Revenue
+2,626.6%
EPS
−87.8%
Free cash flow
−103.4%
Total debt
+506.3%

Quarter to June 2026, against a year earlier

32.47 2.27 +7.52%
Market cap
$11.8B
P/E
0.0×
Fwd P/E
−17.9×
Dividend yield
—
F-score
n/a
Altman Z
4.40
Beneish M
16.88
Dividend safety
n/a

AST SpaceMobile, Inc. (ASTS) Free cash flow margin

Alert me on Free cash flow margin

AST SpaceMobile, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was −1,506.1%, up 175.6 percentage points from fiscal 2025 (−1,681.7%). Over the past ten years it has ranged from −6,796.5% (fiscal 2024) to 0.00% (fiscal 2023); the current reading is higher than 18% of that period. That is below the Communication Equipment industry median of 0.27% and below the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −1,681.7% 5,114.77
FY2024 −6,796.5% (6,796.51)
FY2023 0.00% 1,546.10
FY2022 −1,546.1% (414.35)
FY2022 −1,131.8% (44.39)
FY2021 −1,087.4% (441.69)
FY2021 −645.7% 246.08
FY2020 −891.8% (509.53)
FY2020 −382.2% (382.22)
FY2019 0.00% 0.00

Against its own ten years

Low −6,796.5% High 0.00%
Ten-year median −891.8%
Current reading's percentile 18

Free cash flow margin against peers

Company Free cash flow margin
UI Ubiquiti Inc. compare 27.8%
ZBRA Zebra Technologies Corporation compare 16.1%
VIAV Viavi Solutions Inc. compare 14.5%
CIEN Ciena Corporation compare 13.5%
VSAT Viasat Inc. compare 12.5%
ERIC Ericsson compare 11.7%
BDC Belden Inc compare 7.30%
AAOI Applied Optoelectronics, Inc. compare −14.3%
ASTS AST SpaceMobile, Inc. −1,506.1%
Communication Equipment industry median 0.27%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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