--- title: "AST SpaceMobile Inc. Metrics Guide" description: "AST SpaceMobile Inc. revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/ast-spacemobile-inc/financial-metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # AST SpaceMobile Inc. Financial Metrics Guide ## Direct Answer > AST SpaceMobile Inc. reported revenue of $71 million for the fiscal year ended December 31, 2025, net income of -$342 million, according to its SEC filings. Revenue grew 1511.8% from the prior year. ## What Are AST SpaceMobile Inc.'s Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $71 million | $4 million | $0 | $14 million | | Operating income | Not reported | Not reported | Not reported | Not reported | | Operating margin | n/a | n/a | n/a | n/a | | Net income | -$342 million | -$300 million | -$88 million | -$32 million | | Net margin | -482.2% | -6820.1% | n/a | -228.9% | | Operating cash flow | -$72 million | -$126 million | -$149 million | -$156 million | | Capital expenditures | $1.1 billion | $174 million | $119 million | $57 million | | Free cash flow | -$1.1 billion | -$300 million | -$268 million | -$214 million | Free cash flow (operating cash flow minus capital expenditures) was -$1.1 billion against net income of -$342 million; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement. ![Bar chart of AST SpaceMobile Inc. revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $71 million and net income negative $342 million.](https://www.getswoopr.com/images/charts/ast-spacemobile-inc-metrics-revenue-profit.webp) *AST SpaceMobile Inc. revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of AST SpaceMobile Inc. net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was -482.2%.](https://www.getswoopr.com/images/charts/ast-spacemobile-inc-metrics-margins.webp) *AST SpaceMobile Inc. operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of AST SpaceMobile Inc. operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was negative $72 million, capital expenditures was $1.1 billion, free cash flow was negative $1.1 billion.](https://www.getswoopr.com/images/charts/ast-spacemobile-inc-metrics-cash-flow.webp) *AST SpaceMobile Inc. operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does AST SpaceMobile Inc.'s Balance Sheet Show? | Cash and cash equivalents | $2.3 billion | | --- | --- | | Long-term debt | $2.2 billion | | Total assets | $5.0 billion | | Total liabilities | $2.6 billion | | Shareholders' equity | Not reported | | Current ratio | 16.4x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value AST SpaceMobile Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001780312-26-000006 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was AST SpaceMobile Inc.'s revenue in fiscal 2025? AST SpaceMobile Inc. reported revenue of $71 million for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is AST SpaceMobile Inc.'s operating margin? AST SpaceMobile Inc. did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did AST SpaceMobile Inc. generate? Operating cash flow of -$72 million less capital expenditures of $1.1 billion gives free cash flow of -$1.1 billion for fiscal 2025. ## References - [SEC EDGAR: AST SpaceMobile, Inc. Form 10-K filed March 2, 2026](https://www.sec.gov/Archives/edgar/data/1780312/000178031226000006/asts-20251231.htm) - [SEC EDGAR: AST SpaceMobile, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1780312&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [AST SpaceMobile Inc. company dossier](https://www.getswoopr.com/stocks/companies/ast-spacemobile-inc/) - [AST SpaceMobile Inc. financial metrics](https://www.getswoopr.com/stocks/companies/ast-spacemobile-inc/financial-metrics/) - [AST SpaceMobile Inc. financial risk indicators](https://www.getswoopr.com/stocks/companies/ast-spacemobile-inc/risks-monitoring/) - [AST SpaceMobile Inc. business model and revenue mix](https://www.getswoopr.com/stocks/companies/ast-spacemobile-inc/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) [Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/) Swoopr's editorial team produces independent investment education content. 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