ASTSNasdaqCommunications Services, NECFiscal year ends December 31
AST SpaceMobile, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$41.87+1.21 (+2.98%)
Close on Oct 19, 2026
- Market cap
- $12.52B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
–
Net margin
-482.2%+388.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1505.2% | +72.5% | +64.1% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | -31.4% | -11.5% | |
| Current ratio | 2.35 | 3.88 | 16.35 | |
| Inventory turnover | – | – | – | |
| Capex to revenue | – | 136.1% | 1501.4% | |
| Diluted shares | – | 9M | 256M |
Where the cash went
Fiscal 2021 to 2025, five years combined
AST SpaceMobile generated $583.16M from operations and spent $1.43B on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$583.16M
Used
$1.43B
Capital expenditure$1.43B100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-870.8%
×Asset turnover0.04×
×Equity multiplier33.15×
=Return on equity, FY2020-1039.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2020 | -870.8% | 0.04× | 33.15× | -1039.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$341.94M
- Cash generatingOperating cash flow above zero-$71.52M
- Return on assets improvedROA up on the prior year-83.2% → -35.8%
- Earnings backed by cashOperating cash flow above net income-$71.52M vs -$341.94M
- Less leverageLong-term debt to assets fell16.3% → 44.0%
- Better liquidityCurrent ratio rose7.90 → 16.35
- No dilutionShare count did not rise155M → 256M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.01 → 0.07