# AST SpaceMobile, Inc.: overview

ASTS · Nasdaq · CIK 1780312 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/asts.md) · [Financials](/companies/asts/financials.md) · [Filings](/companies/asts/filings.md) · [Insiders](/companies/asts/insiders.md)

Latest reported revenue: [$31.5m](/filings/0001193125-26-342550.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001193125-26-342550).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1.1](/filings/0000950170-24-127101.md) | [11.3 d](/filings/0000950170-25-030909.md) | [0.7](/filings/0001193125-26-216950.md) | [1.2](/filings/0001193125-26-342550.md) | [14.7](/filings/0001193125-25-274391.md) | [54.3 d](/filings/0001780312-26-000006.md) | [14.7](/filings/0001193125-26-216950.md) | [31.5](/filings/0001193125-26-342550.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(15631.5%)](/filings/0001193125-25-274391.md) | [(316.6%) d](/filings/0001780312-26-000006.md) | [(6365.7%)](/filings/0001193125-26-216950.md) | [(8598.1%)](/filings/0001193125-26-342550.md) | [(833.7%)](/filings/0001193125-25-274391.md) | [(136.2%) d](/filings/0001780312-26-000006.md) | [(1296.3%)](/filings/0001193125-26-216950.md) | [(732.6%)](/filings/0001193125-26-342550.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [(63.8) d](/filings/0001193125-25-274391.md) | [(110) d](/filings/0001780312-26-000006.md) | [(149)](/filings/0001193125-26-216950.md) | [(354) d](/filings/0001193125-26-342550.md) | [(303) d](/filings/0001193125-25-274391.md) | [(331) d](/filings/0001780312-26-000006.md) | [(310)](/filings/0001193125-26-216950.md) | [(695) d](/filings/0001193125-26-342550.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [12.4](/filings/0000950170-23-011124.md) | [13.8](/filings/0000950170-24-039342.md) | [0.0](/filings/0000950170-25-030909.md) | [13.8](/filings/0000950170-25-030909.md) | [70.9](/filings/0001780312-26-000006.md) |
| Gross margin | % | [39.0%](/filings/0000950170-23-011124.md) | [51.4%](/filings/0000950170-24-039342.md) | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(246.3%)](/filings/0000950170-23-011124.md) | [(228.9%)](/filings/0000950170-25-030909.md) | not reported | [(2170.6%)](/filings/0001780312-26-000006.md) | [(482.2%)](/filings/0001780312-26-000006.md) |
| Diluted EPS | $ per share | [(0.37)](/filings/0000950170-22-005212.md) | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [(95.2)](/filings/0000950170-23-011124.md) | [(214)](/filings/0000950170-25-030909.md) | [(268)](/filings/0001780312-26-000006.md) | [(300)](/filings/0001780312-26-000006.md) | [(1,136)](/filings/0001780312-26-000006.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/asts/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2025-12-09 | [American Tower Corp](/insiders/1053507.md) | Member of 10% owner group | Sale (S) | 2,288,621 | $69.75 | $159.6m | [Form 4](/filings/0001193125-25-315966.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $1.40bn | 15,708,100 | Call | Added +4,510,700 |
| [Rakuten Group, Inc.](/funds/1294591.md) | 2026-06-30 | $1.38bn | 15,510,078 |  | Reduced −15,510,077 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.36bn | 15,273,481 |  | Added +756,247 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.18bn | 13,330,558 |  | Added +2,286,995 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.11bn | 12,515,363 |  | Added +1,026,242 |
| [Alphabet Inc.](/funds/1652044.md) | 2026-06-30 | $794.7m | 8,943,486 |  | Unchanged |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $739.7m | 8,324,800 | Call | Added +2,305,900 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $650.3m | 7,317,827 |  | Added +4,124,149 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $586.7m | 6,602,096 |  | Added +2,058,762 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $580.6m | 6,533,847 |  | Added +948,360 |

## Recent filings

[All 618 filings](/companies/asts/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-20 | 16:30 ET | [8-K](/filings/0001493152-26-047766.md) | 5.02 Departure or appointment of officers or directors | 0001493152-26-047766 |
| 2026-09-28 | 17:20 ET | [8-K](/filings/0001493152-26-044647.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001493152-26-044647 |
| 2026-08-10 | 16:42 ET | [10-Q](/filings/0001193125-26-342550.md) | Quarterly report, period 2026-06-30 | 0001193125-26-342550 |
| 2026-08-10 | 16:38 ET | [8-K](/filings/0001193125-26-342540.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-342540 |
| 2026-07-20 | 16:15 ET | [8-K](/filings/0001493152-26-033912.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-033912 |
| 2026-07-15 | 16:18 ET | [8-K](/filings/0001493152-26-033365.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-033365 |
| 2026-06-23 | 06:19 ET | [SCHEDULE 13D/A](/filings/0001493152-26-029689.md) | Ownership report, active investor, amended | 0001493152-26-029689 |
| 2026-06-15 | 18:07 ET | [8-K](/filings/0001493152-26-028544.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001493152-26-028544 |
| 2026-05-11 | 16:40 ET | [10-Q](/filings/0001193125-26-216950.md) | Quarterly report, period 2026-03-31 | 0001193125-26-216950 |
| 2026-05-11 | 16:38 ET | [8-K](/filings/0001193125-26-216946.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-216946 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001780312-26-000006.md), filed Mar 2, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/ae08a9a9-2378-4532-9365-e085a2685eb6)

## About the filer

- CIK: 1780312
- Tickers: ASTS
- Exchange: Nasdaq
- SIC code: 4899 Communications Services, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 11:10 ET. No prices; not investment advice.