# AST SpaceMobile, Inc. (ASTS)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $24.47B  
**Price:** $95.61 (+9.49%)

> AST SpaceMobile, Inc. is a satellite communications company that designs and develops a space-based cellular broadband network. The company focuses on building the SpaceMobile network, which uses its proprietary BlueBird satellites to connect directly to standard, unmodified mobile phones, enabling voice, text, and broadband data services without additional user hardware. AST SpaceMobile targets mobile network operators and their subscribers, aiming to provide coverage in remote, rural, and oceanic regions where terrestrial infrastructure is limited or absent. Its technology is designed to support 4G and 5G broadband performance, allowing activities such as video calls and app usage in areas that traditionally lack reliable connectivity. Operating today as a satellite designer, manufacturer, and network operator from its headquarters in Midland, Texas, AST SpaceMobile plays a specialized role in the communications services and space technology sectors by integrating satellite infrastructure with existing mobile ecosystems.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $71M | — | — | -$342M | — |
| 2024 | $14M | — | — | -$300M | — |
| 2023 | — | — | — | -$88M | — |
| 2022 | $14M | $7M | — | -$32M | — |
| 2021 | $12M | $5M | — | -$31M | — |
| 2020 | $6M | $3M | -$1M | -$52M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $5.01B | $2.62B | $2.39B | $2.34B | $2.21B |
| 2024 | $955M | $285M | $669M | $565M | $156M |
| 2023 | $361M | $147M | $214M | $86M | $59M |
| 2022 | $438M | $79M | $360M | $239M | $5M |
| 2021 | $444M | $92M | $352M | $322M | $5M |
| 2020 | $100M | $20M | $5M | $43M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$72M | $1.06B | -$1.14B |
| 2024 | -$126M | $174M | -$300M |
| 2023 | -$149M | $119M | -$268M |
| 2022 | -$156M | $57M | -$214M |
| 2021 | -$80M | $15M | -$95M |
| 2020 | -$23M | $8M | -$31M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ASTS)