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	-	-	6.71	7.56
Gross Profit	35.7	4.42	-	7.11	4.84
Selling, General & Admin	101.68	61.57	41.6	48.33	35.64
Research & Development	170.63	122.27	126.3	99.83	53.04
Operating Expenses	323.42	247.18	222.37	152.88	91.59
Operating Income	-287.71	-242.76	-222.37	-145.76	-86.75
Interest Expense	-36.07	-18.68	-4.51	-0.22	-
Interest & Investment Income	49.23	14.16	7.19	2.85	-
Other Non Operating Income (Expenses)	-182.56	-266.76	8.7	16.14	13.82
EBT Excluding Unusual Items	-457.11	-514.04	-211	-127	-72.93
Gain (Loss) on Sale of Assets	-	-	-	24.5	-
Other Unusual Items	-	-10.96	-10	-	-
Pretax Income	-457.11	-525	-221	-102.5	-72.93
Income Tax Expense	3.9	1.33	1.68	0.62	0.33
Earnings From Continuing Operations	-461.01	-526.33	-222.68	-103.11	-73.26
Minority Interest in Earnings	119.07	226.25	135.12	71.47	42.71
Net Income	-341.94	-300.08	-87.56	-31.64	-30.55
Preferred Dividends & Other Adjustments	-	-	-	-	-11.58
Net Income to Common	-341.94	-300.08	-87.56	-31.64	-18.97
Shares Outstanding (Basic)	256	155	82	54	52
Shares Outstanding (Diluted)	256	155	82	54	52
Shares Change (YoY)	65.68%	88.82%	50.31%	5.23%	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	-3.93	-2.61
Gross Margin	50.34%	100.00%	-	51.44%	39.03%
Operating Margin	-405.70%	-5494.84%	-	-1054.35%	-699.28%
Profit Margin	-482.16%	-6792.28%	-	-228.86%	-152.95%
Free Cash Flow Margin	-1602.21%	-6796.51%	-	-1546.10%	-1087.36%
EBITDA	-236.6	-179.42	-167.9	-141.05	-83.83
D&A For EBITDA	51.11	63.34	54.47	4.71	2.91
EBIT	-287.71	-242.76	-222.37	-145.76	-86.75
Revenue as Reported	70.92	-	-	-	-

Updated Mar 2, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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