AST SpaceMobile, Inc.
ASTS· Nasdaq· Communications Services, NEC
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- -1602.2%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +64.1%
We record prices for the companies we cover; ASTS is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 256.0M
- Revenue
- $70.9M
- Free cash flow
- -$1.1B
- Owner earnings
- -$1.2B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- –
- Net
- -482.2%
- Free cash flow
- -1602.2%
- Owner earnings
- -1669.2%
- Stock pay
- 67.0%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- -14.3%
- ROE, 5 yr avg
- -23.5%
Growth (CAGR)
- Revenue, 3 yr
- 72.5%
- Revenue, 5 yr
- 64.1%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
Financial health · FY2025
- Cash and investments
- $4.3B
- Total debt
- $2.2B
- Net cash
- $2.1B
- Debt/Equity
- 0.9x
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- –
Financials: ten years from the 10-Ks
Revenue
$70.9M
+64.1% a year over 5 years
FY2020FY2025
Margins
Gross–Operating–Net-482.2%
FY2025
FY2020FY2025
Free cash flow and owner earnings
Free cash flow-$1.1BOwner earnings-$1.2B
FY2025
FY2020FY2025
Diluted shares
256.0M
+212.8% over 5 years, net dilution
FY2020FY2025
Net cash
$2.1B
$2.1B more cash than debt
FY2020FY2025
Every figure, year by year
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| The business | ||||||
| Revenue | $6.0M | $12.4M | $13.8M | $0 | $13.8M | $70.9M |
| Revenue growth | – | 107.9% | 11.4% | -100.0% | – | 413.0% |
| Gross margin | 49.3% | 39.0% | 51.4% | – | – | – |
| Operating margin | -18.8% | – | – | – | – | – |
| Net income | -$52.0M | -$30.6M | -$31.6M | -$87.6M | -$300.1M | -$341.9M |
| Net margin | -870.8% | -246.3% | -228.9% | – | -2170.6% | -482.2% |
| Diluted EPS | – | – | – | – | – | – |
| Return on invested capital? | – | – | – | – | – | – |
| Cash | ||||||
| Operating cash flow | -$22.8M | -$80.1M | -$156.5M | -$148.9M | -$126.1M | -$71.5M |
| Capital expenditure | $8.1M | $15.1M | $57.3M | $118.8M | $174.1M | $1.1B |
| Free cash flow | -$30.9M | -$95.2M | -$213.7M | -$267.7M | -$300.3M | -$1.1B |
| Stock-based compensation | $283.0K | $3.7M | $9.4M | $13.3M | $32.0M | $47.5M |
| Owner earnings? | -$31.2M | -$98.9M | -$223.1M | -$281.0M | -$332.3M | -$1.2B |
| Free cash flow per share | – | – | – | $-3.27 | $-1.94 | $-4.44 |
| Capital allocation | ||||||
| Dividends paid | – | – | – | – | – | – |
| Share repurchases | – | – | – | – | – | – |
| Diluted shares | – | – | – | 81.8M | 154.5M | 256.0M |
| Share count change? | – | – | – | – | 88.8% | 65.7% |
| Balance sheet | ||||||
| Cash and equivalents | $42.8M | $321.8M | $238.6M | $85.6M | $565.0M | $2.3B |
| Short-term investments | – | $314.7M | $230.7M | $69.7M | $510.4M | $2.0B |
| Total debt | – | $5.0M | $5.0M | $59.5M | $158.5M | $2.2B |
| Net debt | – | -$631.5M | -$464.3M | -$95.8M | -$916.9M | -$2.1B |
| Shareholders' equity | $5.0M | $352.0M | $359.8M | $213.6M | $669.1M | $2.4B |
Latest filings
| 2026-08-10 | 10-Q | Quarterly report |
| 2026-08-10 | 8-K | Earnings release |
| 2026-07-15 | 8-K | Earnings release |
| 2026-05-11 | 10-Q | Quarterly report |
| 2026-05-11 | 8-K | Earnings release |
| 2026-04-28 | DEF 14A | Proxy statement |
| 2026-03-02 | 10-K | Annual report |
| 2026-03-02 | 8-K | Earnings release |
| 2026-02-11 | 8-K | Earnings release |
| 2025-11-10 | 10-Q | Quarterly report |
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