Telecom · Nasdaq: ASTS

AST SpaceMobile earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 10 Feb 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

AST SpaceMobile reported third quarter revenue of $42.3 million, total operating expenses of $211.0 million, and cash, cash equivalents, and restricted cash of approximately $3.2 billion.

AST SpaceMobile, which is building a cellular network in space for ordinary smartphones, reported third quarter revenue of $42.3 million. The revenue came from gateway deliveries and U.S. Government milestones. The net loss attributable to common stockholders was $(132,380) thousand, or $(0.44) per share. The company also announced Blacklift, its own 20-ton reusable rocket, and secured about $1.0 billion in Japanese non-dilutive funding.

Read the Q3 2026 summary →Q3 2026 slides (PDF) ↗

Quarters

KPI history

Revenue$42.3M+187.1% y/yQ3 2026

Fourth quarter worked out from the annual figure.

Data

Q4 2024	$1.9M *
Q1 2025	$718.0K
Q2 2025	$1.2M
Q3 2025	$14.7M
Q4 2025	$54.3M *
Q1 2026	$14.7M
Q2 2026	$31.5M
Q3 2026	$42.3M

Free cash flow-$464.2M−53.3% y/yQ3 2026

Data

Q4 2024	-$110.5M
Q1 2025	-$149.0M
Q2 2025	-$353.6M
Q3 2025	-$302.9M
Q4 2025	-$330.7M
Q1 2026	-$309.7M
Q2 2026	-$694.8M
Q3 2026	-$464.2M

Operating cash flow minus capital expenditure, from cash flow statements.

	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Revenue	$1.9M^d	$718.0K	$1.2M	$14.7M	$54.3M^d	$14.7M	$31.5M	$42.3M
Net income	-$35.9M^d	-$45.7M	-$99.4M	-$122.9M	-$74.0M^d	-$191.0M	-$230.9M	-$132.4M
Operating cash flow	-$28.4M^d	-$28.5M	-$43.5M^d	-$64.5M^d	$65.0M^d	-$48.1M	-$97.2M^d	-$169.3M^d
Capital expenditure	$82.0M^d	$120.5M	$310.2M^d	$238.4M^d	$395.7M^d	$261.6M	$597.6M^d	$295.0M^d
Free cash flow	-$110.5M	-$149.0M	-$353.6M	-$302.9M	-$330.7M	-$309.7M	-$694.8M	-$464.2M
R&D expense	$5.3M^d	$7.1M	$6.4M	$5.5M	$9.1M^d	$7.1M	$7.8M	$9.1M

From XBRL data in 10-Q and 10-K filings. ^d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings