AST SpaceMobile Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	84.94	70.92	4.42	-	13.83	12.41
Revenue Growth (YoY)	1732.08%	1505.21%	-	-	11.45%	107.89%
Cost of Revenue	46.57	35.22	-	-	-	7.56
Gross Profit	38.36	35.7	4.42	-	13.83	4.84
Selling, General & Admin	126.95	101.68	61.57	41.6	48.33	35.64
Depreciation & Amortization Expenses	57.77	51.11	63.34	54.47	4.71	2.91
Research & Development	28.11	28.12	28.78	47.49	45.62	23.44
Other Operating Expenses	199.7	142.51	93.49	78.81	60.93	29.6
Total Operating Expenses	412.52	323.42	247.18	222.37	159.59	91.59
Operating Income	-374.16	-287.71	-242.76	-222.37	-145.76	-86.75
Interest Income	106.88	49.23	14.16	7.19	2.85	-
Interest Expense	-48.07	-36.07	-18.68	-4.51	-0.22	-
Other Non-Operating Income (Expense)	-291.29	-182.56	-277.72	-1.3	40.64	13.82
Total Non-Operating Income (Expense)	-267.9	-169.4	-282.24	1.37	43.27	13.82
Pretax Income	-642.07	-457.11	-525	-221	-102.5	-72.93
Provision for Income Taxes	3.78	3.9	1.33	1.68	0.62	0.33
Net Income	-487.25	-341.94	-300.08	-87.56	-31.64	-30.55
Minority Interest in Earnings	-159.72	-119.07	-226.25	-135.12	-71.47	-42.71
Net Income to Common	-487.25	-341.94	-300.08	-87.56	-31.64	-30.55
Shares Outstanding (Basic)	274	256	155	82	55	52
Shares Outstanding (Diluted)	274	256	155	82	55	52
Shares Change (YoY)	67.06%	65.68%	88.82%	49.99%	5.46%	840.47%
EPS (Basic)	-1.78	-1.34	-1.94	-1.07	-0.58	-0.37
EPS (Diluted)	-1.78	-1.34	-1.94	-1.07	-0.58	-0.37
Shares Outstanding	298.45	285.45	208.17	90.16	71.82	51.73
Free Cash Flow	-1,297	-1,136	-300.27	-267.75	-213.75	-134.89
Free Cash Flow Per Share	-4.74	-4.44	-1.94	-3.27	-3.92	-2.61
Gross Margin	45.17%	50.34%	100.00%	-	100.00%	39.03%
Operating Margin	-440.53%	-405.70%	-5494.84%	-	-1054.35%	-699.28%
Profit Margin	-761.72%	-650.06%	-11913.30%	-	-745.84%	-590.58%
FCF Margin	-1526.95%	-1602.21%	-6796.51%	-	-1546.10%	-1087.36%
EBITDA	-316.39	-236.6	-179.42	-167.9	-141.05	-83.83
EBITDA Margin	-372.51%	-333.63%	-4061.16%	-	-1020.27%	-675.80%
EBIT	-374.16	-287.71	-242.76	-222.37	-145.76	-86.75
EBIT Margin	-440.53%	-405.70%	-5494.84%	-	-1054.35%	-699.28%
Effective Tax Rate	-0.59%	-0.85%	-0.25%	-0.76%	-0.60%	-0.45%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q