AST SpaceMobile is transitioning from pre-revenue R&D to commercial operations, evidenced by a 1505.2% YoY revenue surge to $70.9M TTM, but the company remains deeply unprofitable with a net loss of $230.9M in 2026Q2. The balance sheet is adequately capitalize...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 1505.2% YoY in 2026Q2, but gross margin volatility (from 100% to -68.1% in 2025Q4) and SG&A of $63.9M outpacing revenue indicate structural costs remain high.
The company is making significant strides toward commercialization, which is a key driver for investor optimism.
Despite losses, AST SpaceMobile has a robust funding runway, supporting its long-term growth plans.
Successful technology demonstrations have boosted investor confidence and contributed to stock price appreciation.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 10, 2026 | -$0.77-144.4% vs -$0.32 | $32M-8.7% vs $35M |
Q2 2026 May 11, 2026 | -$0.66-158.8% vs -$0.26 | $15M-62.2% vs $39M |
Q2 2026 Mar 2, 2026 | -$0.26-44.4% vs -$0.18 | $54M+30.0% vs $42M |
Q4 2025 Nov 10, 2025 | -$0.45-15.9% vs -$0.39 | $15M-33.1% vs $22M |
No company has ever built a cellular broadband network in space capable of connecting directly to ordinary smartphones, yet AST SpaceMobile is sprinting toward that finish line with 13 satellites already in orbit and a launch window closing fast.
Space names are running hot in Monday morning trading, with launch and lunar leaders outpacing the broader tape. The Procure Space ETF (NASDAQ:UFO) is at $44.19, up 2%.
AST SpaceMobile Inc. (NASDAQ:ASTS) shares are trading higher Monday morning. Investors are weighing renewed optimism around the U.S. wireless spectrum market after FCC Chairman Brendan Carr last week said that upcoming spectrum auctions could generate more than $100 billion in proceeds over the next several years.
AST SpaceMobile has fallen 56% from its high while BlueBird deployment progresses toward approximately 45 satellites by early 2027. Manufacturing now extends through BlueBird 46, with management targeting six satellites monthly and commercial coverage approaching meaningful scale. SpaceX increases competitive pressure, but AST's carrier-centric model and access to three billion subscribers preserve strategic differentiation.
Benchmark ASTS against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for AST SpaceMobile, Inc. (ASTS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $63.69 | $19.03B | -47.53 | 1505.21% | -482.16% | -22.34% | — | |
| $82.52 | $10.63B | -550.13 | 9.04% | -21.31% | -17.64% | — | |
| $48.65 | $5.15B | 45.90 | 4.93% | 10.55% | 20.12% | — | |
| $74.99 | $10.33B | -299.96 | 2.67% | -0.64% | -0.63% | — | |
| $3.32 | $426.74M | -0.61 | -78.06% | -23867.44% | -88.5% | — | |
| $162.41 | $174.21B | 16.71 | 8.49% | 11.45% | 18.22% | — |
AST SpaceMobile, Inc. (ASTS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
AST SpaceMobile, Inc. (ASTS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 10, 2026·SEC
Jul 20, 2026·SEC
Jul 15, 2026·SEC
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AST SpaceMobile, Inc. (ASTS) stock FAQ — growth, dividends, profitability & financials explained
AST SpaceMobile, Inc. (ASTS) reported $115.3M in revenue for fiscal year 2025. This represents a 32287% increase from $0.4M in 2018.
AST SpaceMobile, Inc. (ASTS) grew revenue by 1505.2% over the past year. This is strong growth.
AST SpaceMobile, Inc. (ASTS) reported a net loss of $618.8M for fiscal year 2025.
AST SpaceMobile, Inc. (ASTS) has a return on equity (ROE) of -22.3%. Negative ROE indicates the company is unprofitable.
AST SpaceMobile, Inc. (ASTS) had negative free cash flow of $1.64B in fiscal year 2025, likely due to heavy capital investments.
