AST SpaceMobile, Inc.

NASDAQ•ASTS

CEO: Mr. Abel Avellan

Sector: Technology

Industry: Communication Equipment

Listing Date: 2019-11-01

AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. 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.

Contact Information

Midland International Air & Space Port, 2901 Enterprise Lane, Midland, TX, 79706, United States

432-276-3966

ast-science.com

Market Cap

$26.86B

P/E (TTM)

-67.3

42.8

Dividend Yield

52W High

$129.89

52W Low

$18.22

52W Range

64%

Rank62Top 92.6%

1.9

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Weak • 1.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$54.31M+0.00%

4-Quarter Trend

EPS

-$0.28+0.00%

4-Quarter Trend

FCF

-$330.73M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenue Surge Total revenues reached $70.9M in 2025, up substantially from $4.4M in 2024, driven by initial government contracts.

Financing Activity Strong Cash provided by financing activities totaled $3.83B in 2025, supporting major capital expenditures and debt management.

Block 2 Satellite Launched Launched first Block 2 BB satellite (BB6) in December 2025, featuring a 2,400 square feet phased array for increased capacity.

Key Spectrum Acquisitions Secured long-term access to 45 MHz Ligado spectrum and acquired S-Band ITU rights, enhancing global mid-band spectrum.

Risk Factors

Service Completion Uncertainty SpaceMobile Service remains in development; completion timeline and associated costs may exceed current expectations or fail entirely.

Significant Capital Required Need to raise substantial additional capital beyond current funding for full constellation build-out and ongoing operating expenses.

Satellite Operational Failures Satellites face risks of in-orbit malfunctions, premature failure, or collision, potentially compromising network reliability and service.

Regulatory Approval Dependency Network launch relies heavily on timely regulatory approvals for spectrum use and successful consummation of the Ligado Transaction.

Outlook

Accelerating Satellite Production Accelerating manufacturing to achieve target production rate of up to six Block 2 BB satellites per month by the end of 2026.

Targeted Service Deployment Plan to enable noncontinuous service with 25 satellites; aim for Continuous Service coverage with 45 to 60 satellites.

Ligado Spectrum Integration Expect Ligado transaction closing to enhance network with up to 45 MHz lower mid-band spectrum in US/Canada.

Government Contract Expansion Expanding efforts in government sector leveraging patented technology for communication and non-communication applications.

Peer Comparison

Revenue (TTM)

HPE

$35.79B

+14.9%

ERIC

$23.57B

-7.7%

CDW

$22.42B

+6.8%

Gross Margin (Latest Quarter)

CHKP

85.1%

-2.1pp

SATS

62.2%

-11.4pp

KEYS

62.2%

-1.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CIEN	$54.31B	237.5	8.3%	27.0%
KEYS	$47.60B	49.8	16.5%	25.8%
NOK	$43.10B	43.0	4.4%	13.9%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

322.9%

Strong Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

25%

Cash Flow Needs Attention

Deep Research

Next earnings:May 11, 2026

EPS:-$0.22

Revenue:$36.58M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data