AST SpaceMobile Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	70.92	4.42	-	13.83	12.41
Revenue Growth (YoY)	1505.21%	-	-	11.45%	107.89%
Cost of Revenue	35.22	-	-	-	7.56
Gross Profit	35.7	4.42	-	13.83	4.84
Selling, General & Admin	101.68	61.57	41.6	48.33	35.64
Depreciation & Amortization Expenses	51.11	63.34	54.47	4.71	2.91
Research & Development	28.12	28.78	47.49	45.62	23.44
Other Operating Expenses	142.51	93.49	78.81	60.93	29.6
Operating Income	-287.71	-242.76	-222.37	-145.76	-86.75
Interest Income	49.23	14.16	7.19	2.85	-
Interest Expense	-36.07	-18.68	-4.51	-0.22	-
Other Non-Operating Income (Expense)	-182.56	-277.72	-1.3	40.64	13.82
Total Non-Operating Income (Expense)	-169.4	-282.24	1.37	43.27	13.82
Pretax Income	-457.11	-525	-221	-102.5	-72.93
Provision for Income Taxes	3.9	1.33	1.68	0.62	0.33
Net Income	-341.94	-300.08	-87.56	-31.64	-30.55
Minority Interest in Earnings	-119.07	-226.25	-135.12	-71.47	-42.71
Net Income to Common	-341.94	-300.08	-87.56	-31.64	-30.55
Shares Outstanding (Basic)	256	155	82	55	52
Shares Outstanding (Diluted)	256	155	82	55	52
Shares Change (YoY)	65.68%	88.82%	49.99%	5.46%	840.47%
EPS (Basic)	-1.34	-1.94	-1.07	-0.58	-0.37
EPS (Diluted)	-1.34	-1.94	-1.07	-0.58	-0.37
Free Cash Flow	-1,136	-300.27	-267.75	-213.75	-134.89
Free Cash Flow Per Share	-4.44	-1.94	-3.27	-	-2.61
Gross Margin	50.34%	100.00%	-	100.00%	39.03%
Operating Margin	-405.70%	-5494.84%	-	-1054.35%	-699.28%
Profit Margin	-650.06%	-11913.31%	-	-745.84%	-590.58%
FCF Margin	-1602.21%	-6796.51%	-	-1546.10%	-1087.36%
EBITDA	-236.6	-179.42	-167.9	-141.05	-83.83
EBITDA Margin	-333.63%	-4061.16%	-	-1020.27%	-675.80%
EBIT	-287.71	-242.76	-222.37	-145.76	-86.75
EBIT Margin	-405.70%	-5494.84%	-	-1054.35%	-699.28%
Effective Tax Rate	-0.85%	-0.25%	-0.76%	-0.60%	-0.45%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.