ASTS · XBRL financial data
AST SpaceMobile financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (ASTS's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | 0 | 4 | — |
| Revenue from contracts with customers | 6 | 12 | 14 | — | 14 | — |
| Cost of revenue | 3 | 8 | 7 | 0 | — | — |
| Gross profit | 3 | 5 | 7 | 0 | — | — |
| Research and development | 1 | 23 | 46 | 47 | 29 | 28 |
| General and administrative | 12 | 36 | 48 | 42 | 62 | 102 |
| Total operating expenses | 1 | 92 | 153 | 222 | 247 | 359 |
| Operating income (loss) | (1) | — | — | — | — | — |
| Interest expense | — | — | 0 | 5 | 19 | 32 |
| Other income (expense) | 1 | — | — | — | — | — |
| Income tax expense (benefit) | 0 | 0 | 1 | 2 | 1 | 4 |
| Net income (loss) | (52) | (31) | (32) | (88) | (300) | (342) |
| Weighted average shares, basic millions of shares | — | — | — | 82 | 155 | 256 |
| Weighted average shares, diluted millions of shares | — | — | — | 82 | 155 | 256 |
Balance sheet
CSVFiscal years (ASTS's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 0 | 322 | 239 | 86 | 565 | 2,336 |
| Short-term investments | — | 315 | 231 | 70 | 510 | 2,000 |
| Marketable securities, non-current | 232 | — | — | — | — | — |
| Accounts receivable | 2 | 2 | 0 | — | 1 | 38 |
| Inventory | 3 | 1 | 0 | — | 1 | 12 |
| Total current assets | 0 | 336 | 268 | 107 | 600 | 2,459 |
| Property and equipment, net | 37 | 96 | 146 | 238 | 338 | 1,399 |
| Right-of-use asset | 7 | 8 | 8 | 13 | 14 | 19 |
| Goodwill | 4 | 4 | 0 | — | — | — |
| Total assets | 232 | 444 | 438 | 361 | 955 | 5,014 |
| Accounts payable | 5 | 7 | 14 | 21 | 17 | 47 |
| Accrued liabilities | — | — | — | — | 0 | 13 |
| Current portion of long-term debt | — | 0 | 0 | 0 | 3 | 12 |
| Total current liabilities | 1 | 21 | 28 | 46 | 76 | 150 |
| Long-term debt | — | 5 | 5 | 59 | 156 | 2,208 |
| Lease liability, non-current | 7 | 8 | 7 | 12 | 13 | 17 |
| Total liabilities | 77 | 92 | 79 | 147 | 285 | 2,622 |
| Accumulated deficit | (55) | (70) | (102) | (190) | (490) | (832) |
| Total stockholders' equity | 5 | — | — | — | — | — |
| Total liabilities and equity | 232 | 444 | 438 | 361 | 955 | 5,014 |
Cash flows
CSVFiscal years (ASTS's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (52) | (31) | (32) | (88) | (300) | (342) |
| Stock-based compensation | 0 | 4 | 9 | 13 | 32 | 47 |
| Depreciation and amortization | — | 3 | 5 | 54 | 63 | 51 |
| Net cash from operating activities | (1) | (80) | (156) | (149) | (126) | (72) |
| Purchases of property and equipment | 8 | 15 | 30 | 119 | 174 | 1,065 |
| Net cash from investing activities | 1 | (55) | (31) | (119) | (174) | (1,541) |
| Proceeds from issuing common stock | — | 0 | 102 | 64 | 552 | 1,296 |
| Repayments of long-term debt | 2 | 0 | — | — | — | — |
| Net cash from financing activities | 70 | 417 | 102 | 117 | 780 | 3,827 |
| Net change in cash | (0) | 282 | (85) | (151) | 479 | 2,212 |
Compare with peers
SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| AST SpaceMobile | 2,288 | not reported | (97)* | not reported | 10-QJun 30, 2026 |
| Viasat | 1,736 | 1,157 | 261 | 137.8M | 10-QJun 30, 2026 |
| EchoStar | 13,437 | 1,128 | 113* | not reported | 10-QSep 30, 2026 |
| Iridium Communications | 98 | 246 | 96* | 106.2M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.