Share

Profile & Fundamentals

AST SpaceMobile Profile & Fundamentals

Name: AST SpaceMobile financial chart data preview
Creator: iPulse AI
License: https://ipulseai.com/terms

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

Interactive annual & quarterly chartsAI financial reviewsReported source tables

Explore this pageJump to a Profile & Fundamentals section

Explore this research

Profile & Fundamentals contents

Jump directly to any section

Company and Market Context

Company Profile & Ownership

AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.

Company profile record

Ast Spacemobile Inc

Common Stock · Communication Services · Wireless Telecommunication Services

Official website

Company

Company / asset: Ast Spacemobile Inc
Security type: Common Stock
Sector: Communication Services
Industry: Wireless Telecommunication Services
HQ: 🇺🇸 United States
Head office: Midland International Air & Space Port, Midland, TX, United States, 79706

Leadership & scale

Chief executive: Mr. Abel Avellan
CEO year born: 1971
Full-time employees: 1.1K
Fiscal year end: December
IPO date: 2019-11-01

Fundamentals snapshot

Updated 2026-09-13

Market Cap: USD 17.5B
P/E: --
Revenue (Q2 26): USD 31.5M
Profit (Q2 26): USD -230.9M
Dividend Yield: --
Revenue (FY 25): USD 70.9M
Shares in public float: 266.4M
Insider ownership: 7.97%

Reporting & identifiers

Symbol: ASTS.NASDAQ
Listing: 🇺🇸 United States | Dividend Tax: 30%
Ticker Currency: USD
Income Statement Currency: USD
Balance Sheet Currency: USD
Cash Flow Currency: USD
EPS Currency: USD
Contract Type: SPOT
ISIN: US00217D1000
Asset ID: equity_db8be0ab-5c67-5565-ad17-12673dfde07e

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Top holders

Rakuten Group Inc15,510,078 shares · 5.17% · Reported 2026-06-30
BlackRock Inc14,517,234 shares · 4.84% · Reported 2026-03-31
Vanguard Capital Management, LLC11,489,121 shares · 3.83% · Reported 2026-03-31
Vanguard Portfolio Management, LLC11,043,563 shares · 3.68% · Reported 2026-03-31
Vanguard MStar Total Stk Mkt Idx Invest9,038,434 shares · 3.01% · Reported 2026-07-31
Alphabet Inc8,943,486 shares · 2.98% · Reported 2026-06-30
State Street Corp5,585,487 shares · 1.86% · Reported 2026-03-31

View more holders (8)

Vodafone Ventures Ltd.5,471,743 shares · 1.83% · Reported 2026-06-30
Geode Capital Management, LLC4,765,087 shares · 1.59% · Reported 2026-03-31
UBS Group AG4,543,334 shares · 1.52% · Reported 2026-03-31
Clear Street Group Inc3,389,404 shares · 1.13% · Reported 2026-03-31
NORGES BANK3,334,326 shares · 1.11% · Reported 2026-06-30
Vanguard Small Cap Index3,263,058 shares · 1.09% · Reported 2026-07-31
Morgan Stanley - Brokerage Accounts3,193,678 shares · 1.07% · Reported 2026-03-31
Vanguard MStar Mid Cap Index Instl3,071,174 shares · 1.02% · Reported 2026-07-31

Earnings, Profitability & Valuation

Earnings & Revenue

AI Review

The financial reports reveal a dramatic clash between rapid sales growth and massive underlying losses. On the positive side, the company's revenues are starting to grow quickly as early milestones are met. However, this growth is completely overshadowed by a staggering annual cash burn of over one billion dollars. Most experts agree that the company is currently a cash furnace, spending heavily to build its space network before it can generate meaningful profits. While some believe that revenues will explode once the satellites are fully operational, others warn that the business will remain unprofitable for years due to high operating costs. The consensus is clear: the company's financial survival depends entirely on its ability to secure continuous funding until it can transition from a high-spending science project to a self-sustaining commercial utility.

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

The published data is insufficient to draw this chart.

Profitability & Margins

AI Review

Current profit margins are deeply negative because the company is spending heavily on research, development, and satellite construction while generating very little revenue. The market is currently pricing the stock as if it will eventually achieve incredibly high, software-like . However, analysts are sharply divided on whether this is realistic. Bullish outlooks suggest that once the network is active, the cost of adding new users will be virtually zero, leading to massive profitability. Bearish views counter that the heavy physical costs of maintaining space hardware and intense price competition from rivals will permanently cap margins. To understand where the company is headed, investors must closely watch the actual revenue split and pricing power once commercial services officially launch, as any delay will trigger a harsh reality check for the stock's premium valuation.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

Complete Research Workspace

Unlock the complete Profile & Fundamentals

Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.

Sign in to check access View Base plan

Paywalled preview begins: Reported Data Tables — chart preview

From this section to the end-of-preview notice below, research is provided as simplified HTML text and tables. Full access provides the complete interactive interface, charts and additional datasets.

Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-09-15.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2018-12-31	356,000	-5,604,000	-4,438,000	54.21	-1,286.24	-1,246.63	-1,574.16
2019-12-31	1,414,000	-4,558,969	-10,885,000	32.53	-770.01	-769.8	-322.42
2020-12-31	5,967,000	-53,211,000	-24,061,000	49.3	-393.33	-403.23	-891.75
2021-12-31	12,405,000	-134,887,000	-30,553,000	39.03	-675.8	-246.3	-1,087.36
2022-12-31	13,825,000	-213,748,000	-31,640,000	51.44	-1,054.35	-228.86	-1,546.1
2023-12-31	24,342,000	-267,749,000	-87,561,000	-123.77	-913.51	-359.71	-1,099.95
2024-12-31	4,418,000	-300,270,000	-300,083,000	100	-5,494.84	-6,792.28	-6,796.51
2025-12-31	70,918,000	-1,136,258,000	-341,940,000	53.42	-405.7	-482.16	-1,602.21

Shares outstanding — chart values
Reporting date	Shares outstanding
2019-01-01	28,750,000
2020-01-01	28,750,000
2021-01-01	51,731,000
2022-01-01	61,626,000
2023-01-01	90,161,300
2024-01-01	199,219,000
2025-01-01	255,982,600
2026-01-01	299,061,700

End of the paywalled preview

The excerpt from Reported Data Tables — chart preview to this notice is the simplified paywalled content included on this page. A signed-in, verified account with the required subscription provides the full interactive interface and the additional research, datasets and tools listed below.

Those additional materials are not included in this preview and cannot be revealed by removing its visual restrictions.

Additional with full access

Earnings, Profitability & Valuation
- Complete profitability ratios
- EPS history and estimate comparisons
- Execution vs expectations
- Annual and quarterly financial views
Capital Expenditure & R&D
- Capital allocation AI review
- Annual capital expenditure
- Investment intensity trends
- Capex and R&D intensity indicators
Balance Sheet
- Balance sheet AI review
- Assets, debt and equity
- Capital structure
- Liquidity and leverage
- Retained earnings
Dividends & Actions
- Cash dividends paid
- Dividend indicators
- Buybacks and issuance
- Combined shareholder returns
- Available corporate actions
Company Events
- Dated insider transactions
- Material company activity

Explore complete public research examples

These public assets show the complete asset profiles, fundamental datasets and analysis. Their findings concern those assets, not this report.