What Are AST SpaceMobile Inc.'s Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended 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.
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.