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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›ASTS›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

AST SpaceMobile, Inc. (ASTS) financials

Income statement

AST SpaceMobile, Inc. (ASTS) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$5.97M$12.4M$13.8M$0.00$4.42M$70.9M
Revenue growth——107.9%11.4%-100.0%—1505.2%
Gross profit—$2.94M$4.84M$7.11M$0.00——
Gross margin—49.3%39.0%51.4%———
Operating income—-$1.12M—————
Operating margin—-18.8%—————
Net income—$191K-$30.6M-$31.6M-$87.6M-$300M-$342M
Net margin—3.2%-246.3%-228.9%—-6792.3%-482.2%
EPS (diluted)—-$0.12-$0.37————

Cash flow

AST SpaceMobile, Inc. (ASTS) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow—-$22.8M-$80.1M-$156M-$149M-$126M-$71.5M
Capital expenditures—$8.12M$15.1M$57.3M$119M$174M$1.06B
Free cash flow—-$30.9M-$95.2M-$214M-$268M-$300M-$1.14B

Balance sheet

AST SpaceMobile, Inc. (ASTS) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$493K$42.8M$322M$239M$85.6M$565M$2.34B
Total assets$232M$99.6M$444M$438M$361M$955M$5.01B
Total liabilities$8.32M$19.7M$92.0M$78.5M$147M$285M$2.62B
Long-term debt——$5.00M$4.76M$59.3M$156M$2.21B
Shareholders' equity$29.7M$80.0M$352M$360M$214M$669M$2.39B
Retained earnings$656K-$39.9M-$70.5M-$102M-$190M-$490M-$832M
Shares (wtd avg diluted)————81.8M155M256M

Every figure is extracted from AST SpaceMobile, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is AST SpaceMobile, Inc.'s annual revenue?
AST SpaceMobile, Inc. (ASTS) reported $70.9M of revenue for fiscal year 2025 — up 1505.2% from $4.42M in FY2024, per its annual report filed with the SEC.
Is AST SpaceMobile, Inc. profitable?
Not in FY2025 — ASTS reported a net loss of $342M, per SEC filings.
What is AST SpaceMobile, Inc.'s free cash flow?
-$1.14B in FY2025 (operating cash flow -$71.5M minus $1.06B of capital expenditures), from the SEC cash-flow statement.
Does ASTS pay a dividend?
AST SpaceMobile, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full ASTS analysis — verdict, score & filings →Is ASTS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.