AST SpaceMobile Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	18.53	4.42	-	13.83	12.41	5.97
Revenue Growth (YoY)	641.24%	-	-	11.45%	107.89%	321.99%
Cost of Revenue	5.8	-	-	6.71	7.56	3.03
Gross Profit	12.73	4.42	-	7.11	4.84	2.94
Selling, General & Admin	91.34	61.57	41.6	48.33	35.64	12.32
Research & Development	151.7	122.27	126.3	99.83	53.04	14.09
Operating Expenses	286.89	247.18	222.37	152.88	91.59	27.3
Operating Income	-274.16	-242.76	-222.37	-145.76	-86.75	-24.36
Interest Expense	-21.89	-18.68	-4.51	-0.22	-	-
Interest & Investment Income	33.73	14.16	7.19	2.85	-	-
Other Non Operating Income (Expenses)	-140.73	-266.76	8.7	16.14	13.82	0.08
EBT Excluding Unusual Items	-403.05	-514.04	-211	-127	-72.93	-24.27
Gain (Loss) on Sale of Assets	-	-	-	24.5	-	-
Other Unusual Items	-10.96	-10.96	-10	-	-	-
Pretax Income	-414.01	-525	-221	-102.5	-72.93	-24.27
Income Tax Expense	1.44	1.33	1.68	0.62	0.33	0.13
Earnings From Continuing Operations	-415.45	-526.33	-222.68	-103.11	-73.26	-24.41
Minority Interest in Earnings	111.62	226.25	135.12	71.47	42.71	0.34
Net Income	-303.83	-300.08	-87.56	-31.64	-30.55	-24.06
Preferred Dividends & Other Adjustments	-	-	-	-	-11.58	-
Net Income to Common	-303.83	-300.08	-87.56	-31.64	-18.97	-24.06
Shares Outstanding (Basic)	235	155	82	54	52	6
Shares Outstanding (Diluted)	235	155	82	54	52	6
Shares Change (YoY)	84.65%	88.82%	50.31%	5.23%	840.47%	0.01%
EPS (Basic)	-1.29	-1.94	-1.07	-0.58	-0.37	-4.37
EPS (Diluted)	-1.29	-1.94	-1.07	-0.58	-0.37	-4.37
Free Cash Flow	-916	-300.27	-267.75	-213.75	-134.89	-53.19
Free Cash Flow Per Share	-3.90	-1.94	-3.27	-3.93	-2.61	-9.67
Gross Margin	68.69%	100.00%	-	51.44%	39.03%	49.30%
Operating Margin	-1479.47%	-5494.84%	-	-1054.35%	-699.28%	-408.19%
Profit Margin	-1639.58%	-6792.28%	-	-228.86%	-152.95%	-403.23%
Free Cash Flow Margin	-4943.09%	-6796.51%	-	-1546.10%	-1087.36%	-891.37%
EBITDA	-230.31	-179.42	-167.9	-141.05	-83.83	-23.47
D&A For EBITDA	43.85	63.34	54.47	4.71	2.91	0.89
EBIT	-274.16	-242.76	-222.37	-145.76	-86.75	-24.36

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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