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AST SpaceMobile ASTS Service — Cost Of Revenue

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Other financials

Income statement

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Revenue$14.7M+1,952%
Gross profit-
Net income-$191.0M-318%
EPS (diluted)-$0.18-357%

Balance sheet

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Cash & equivalents$3.5B+300%
Total debt$3.0B+523%
Total equity$2.7B+247%
Total assets$6.1B+342%

Cash flow

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Operating cash flow-$48.1M-68.4%
CapEx$261.6M+117%
Free cash flow-$309.7M-108%

Valuation

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Market cap$26.55B+102%
Enterprise value$26.04B+105%
P/S312.6×-2,377×

Profitability

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Gross margin39.4%-7.5pp
Operating margin-38.6%
Net margin-573.7%-275pp
FCF margin-1,526.9%-681pp

Returns & leverage

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Return on equity-28.4%-10.0pp
Debt / equity1.1×+0.5×
Current ratio18.5×+7.8×

Where this comes from

Reported directly by AST SpaceMobile in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: AST SpaceMobile’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AST SpaceMobile's service — cost of revenue?
AST SpaceMobile (ASTS) reported service — cost of revenue of $586K in Q1 2026.
What does service — cost of revenue mean?
This metric captures the direct costs incurred to deliver the company's satellite-based cellular services, including satellite bandwidth maintenance, ground station operations, and related network support expenses. It excludes research and development costs associated with building the infrastructure, focusing instead on the variable and fixed costs required to maintain active service. Monitoring this metric is essential for assessing the gross margin profile as the service segment scales.