AST SpaceMobile, Inc. (ASTS) income statement
NASDAQ · Communication Services · Telecommunications Services · 1,126 employees · CEO Abel Avellan
- Price
- $40.97 -4.88%
- Market cap
- $16.7B
- Enterprise value
- $17.4B
- Last report
- Q2 '26 filed 2026-08-10
- Next report
- 2026-11-09 EPS est. -$0.42
AST SpaceMobile, Inc. (ASTS) reported revenue of $31.5M for Q2 '26 (+2,626.6% year on year), operating income of -$298M (-944.1% of revenue) and net income of -$231M. Over the last four quarters revenue was $115M.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $500K | $900K | $1.1M | $1.92M | $718K | $1.16M | $14.7M | $54.3M | $14.7M | $31.5M | |
| Cost of revenue | $0 | $0 | $0 | $0 | $0 | $0 | $27.2M | $0 | $5.51M | $91.3M | $11.1M | $23.6M | |
| Gross profit | $0 | $0 | $500K | $900K | $1.1M | $1.92M | -$26.5M | $1.16M | $9.23M | -$37M | $3.67M | $7.95M | |
| Research & development | $28.9M | $30.8M | $23.8M | $25.7M | $36.6M | $36.3M | $7.14M | $35M | $46.4M | $9.06M | $7.13M | $7.77M | |
| Sales & marketing | $0 | $4.21M | $0 | $0 | $0 | $5.5M | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $11M | $6.32M | $12.3M | $17.8M | $15.6M | $10.4M | $18.4M | $27.2M | $29.8M | $26.2M | $43.7M | $63.9M | |
| Other operating expenses | $19M | $19.6M | $19.9M | $20.4M | $14.5M | $0 | $11M | $11.7M | $12.7M | $0 | $102M | $234M | |
| Operating expenses | $59M | $60.9M | $56M | $63.9M | $66.6M | $52.2M | $36.5M | $74M | $88.9M | $35.3M | $153M | $306M | |
| Operating income | -$59M | -$60.9M | -$55.5M | -$63M | -$65.5M | -$50.3M | -$63M | -$72.8M | -$79.7M | -$72.3M | -$149M | -$298M | |
| Interest income | $495K | $0 | $2.29M | $2.7M | $4.01M | $16M | $8.2M | $8.02M | $12.2M | $28.5M | $27M | $27.7M | |
| Interest expense | $0 | $1.64M | $4.51M | $4.94M | $5.4M | $14.7M | $4.74M | $5.66M | $7.55M | $2.65M | $24.3M | $26.1M | |
| Other non-operating income (gains on investments, FX ...) | -$8.48M | $14.2M | -$20.5M | $63.2M | $236M | $8.46M | -$4.24M | $56.7M | $76.2M | $20.1M | $74.7M | -$24.8M | |
| Total non-operating income | $8.48M | -$14.2M | $16M | -$68.1M | -$237M | -$1.68M | -$497K | -$62.4M | -$83.8M | -$22.8M | -$99M | -$1.23M | |
| Income before tax | -$50.5M | -$75M | -$39.5M | -$131M | -$302M | -$51.9M | -$63.5M | -$135M | -$163M | -$95M | -$248M | -$299M | |
| Income tax | $266K | $2.09M | $294K | $231K | $646K | $156K | $168K | $742K | $374K | $2.61M | $1.17M | $1.11M | |
| Net income | -$20.9M | -$31.9M | -$19.7M | -$72.6M | -$172M | -$35.9M | -$45.7M | -$99.4M | -$123M | -$74M | -$191M | -$231M | |
| EPS (basic) | -$0.23 | -$0.35 | -$0.16 | -$0.51 | -$1.10 | -$0.18 | -$0.20 | -$0.41 | -$0.45 | -$0.28 | -$0.66 | -$0.77 | |
| EPS (diluted) | -$0.23 | -$0.35 | -$0.16 | -$0.51 | -$1.10 | -$0.18 | -$0.20 | -$0.41 | -$0.45 | -$0.28 | -$0.66 | -$0.77 | |
| Shares (basic, weighted) | 89.5M | 90M | 121M | 141M | 156M | 199M | 224M | 242M | 273M | 256M | 291M | 299M | |
| Shares (diluted, weighted) | 89.5M | 90M | 121M | 141M | 156M | 199M | 224M | 242M | 273M | 256M | 291M | 299M | |
| Depreciation & amortization | $19M | $19.6M | $19.9M | $20.4M | $14.5M | $8.46M | $11M | $11.7M | $12.7M | $15.7M | $17.6M | $20.7M | |
| EBITDA | -$31.5M | -$55.4M | -$15.1M | -$106M | -$287M | -$50.3M | -$47.8M | -$118M | -$143M | -$76.7M | -$207M | -$252M |
| Income statement | Trend | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $356K | $1.41M | $5.97M | $12.4M | $13.8M | $0 | $4.42M | $70.9M | |
| Cost of revenue | $163K | $954K | $3.03M | $7.56M | $6.71M | $0 | $63.3M | $33M | |
| Gross profit | $193K | $460K | $2.94M | $4.84M | $7.11M | $0 | -$58.9M | $37.9M | |
| Research & development | $2.28M | $5.94M | $14.1M | $53M | $99.8M | $126M | $28.8M | $28.1M | |
| Sales & marketing | $0 | $0 | $0 | $1M | $0 | $0 | $0 | $0 | |
| General & administrative | $2.46M | $5.4M | $12.3M | $34.6M | $48.3M | $41.6M | $155M | $102M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $4.71M | $54.5M | $0 | $196M | |
| Operating expenses | $4.77M | $11.3M | $26.4M | $88.7M | $153M | $222M | $184M | $326M | |
| Operating income | -$4.58M | -$10.9M | -$23.5M | -$83.8M | -$146M | -$222M | -$243M | -$288M | |
| Interest income | $4K | $1.2M | $71K | $0 | $2.85M | $7.19M | $14.2M | $49.2M | |
| Interest expense | $0 | $484K | $10K | $0 | $216K | $4.51M | $18.7M | $36.1M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $174K | $887K | $2.91M | -$43.5M | -$5.88M | $0 | $133M | |
| Total non-operating income | $5K | -$209K | -$804K | $10.9M | $43.3M | $1.37M | -$282M | -$169M | |
| Income before tax | -$4.57M | -$11.1M | -$24.3M | -$72.9M | -$102M | -$221M | -$525M | -$457M | |
| Income tax | $15K | $44K | $131K | $331K | $617K | $1.68M | $1.33M | $3.9M | |
| Net income | -$4.44M | -$10.9M | -$24.1M | -$30.6M | -$31.6M | -$87.6M | -$300M | -$342M | |
| EPS (basic) | -$0.00 | -$0.10 | -$0.47 | -$0.37 | -$0.58 | -$1.07 | -$1.94 | -$1.34 | |
| EPS (diluted) | -$0.00 | -$0.10 | -$0.47 | -$0.37 | -$0.58 | -$1.07 | -$1.94 | -$1.34 | |
| Shares (basic, weighted) | 25.9B | 28.8M | 51.7M | 51.7M | 54.4M | 81.8M | 155M | 256M | |
| Shares (diluted, weighted) | 25.9B | 28.8M | 51.7M | 51.7M | 54.4M | 81.8M | 155M | 256M | |
| Depreciation & amortization | $32K | $188K | $887K | $2.91M | $4.71M | $54.5M | $63.3M | $51.1M | |
| EBITDA | -$4.55M | -$10.9M | -$23.5M | -$83.8M | -$97.6M | -$162M | -$179M | -$370M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02