AST SpaceMobile, Inc. (ASTS) Financial Statements
AST SpaceMobile financial statements at a glance
AST SpaceMobile reported revenue of $70.92 million for fiscal year 2025 (ended December 31, 2025), up 1505.2% from fiscal year 2024. Net income was -$341.94 million, a net margin of 482.2% loss, and diluted earnings per share were -$1.34.
At the end of fiscal year 2025 it had total assets of $5.01 billion, total liabilities of $2.62 billion and shareholders' equity of $1.84 billion, with cash and short-term investments of $2.34 billion and total debt of $2.24 billion.
Its operations brought in -$71.52 million of cash; capital spending was $1.12 billion, leaving free cash flow of -$1.19 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
AST SpaceMobile, Inc.
Income Statement
Annual • USD
AST SpaceMobile key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $70.9M | $4.4M | $0 | $13.8M | $12.4M |
| Gross profit | $35.7M | $4.4M | $0 | $7.1M | $4.8M |
| Operating income | -$287.7M | -$242.8M | -$222.4M | -$145.8M | -$86.7M |
| Net income | -$341.9M | -$300.1M | -$87.6M | -$31.6M | -$19.0M |
| Diluted EPS | -$1.34 | -$1.94 | -$1.07 | -$0.58 | -$0.59 |
| Total assets | $5.0B | $954.6M | $360.9M | $438.4M | $443.9M |
| Total liabilities | $2.6B | $285.4M | $147.3M | $78.5M | $92.0M |
| Shareholders' equity | $1.8B | $479.1M | $99.0M | $133.5M | $100.3M |
| Cash and short-term investments | $2.3B | $565.0M | $85.6M | $238.6M | $321.8M |
| Total debt | $2.2B | $173.0M | $72.9M | $12.8M | $13.2M |
| Operating cash flow | -$71.5M | -$126.1M | -$148.9M | -$156.5M | -$80.1M |
| Capital spending | $1.1B | $174.1M | $118.8M | $57.3M | $54.8M |
| Free cash flow | -$1.2B | -$300.3M | -$267.7M | -$213.7M | -$134.9M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was AST SpaceMobile's revenue in fiscal year 2025?
$70.92 million, up 1505.2% from $4.42 million in fiscal year 2024.
How much profit does AST SpaceMobile make?
AST SpaceMobile reported net income of -$341.94 million for fiscal year 2025 (482.2% of revenue); operating income was -$287.71 million.
How much cash and debt does AST SpaceMobile have?
At the end of fiscal year 2025: cash and short-term investments of $2.34 billion and total debt of $2.24 billion.
What is AST SpaceMobile's free cash flow?
-$1.19 billion in fiscal year 2025 (operating cash flow of -$71.52 million minus capital spending of $1.12 billion).
