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AST SpaceMobile ASTS Contract Liabilities

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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$18.98B+42.9%
Enterprise value$18.47B+43.8%
P/S223.4×-2,491×

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:ContractWithCustomerLiabilityNoncurrent.

The source filing: AST SpaceMobile’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:40 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-216950
Line itemAs of / March 31, 2026As of / December 31, 2025
Non-current liabilities:
Warrant liabilities-7,471
Non-current operating lease liabilities16,83817,479
Non-current contract liabilities207,093207,093
Long-term debt, net2,963,2962,207,583
Other non-current liabilities32,38632,092
Total liabilities3,390,3132,622,062
Commitments and contingencies (Note 8)

Item 1. Financial Statements.

FAQ

What is AST SpaceMobile's contract liabilities?
AST SpaceMobile (ASTS) reported contract liabilities of $207.09M in Q1 2026.
How has AST SpaceMobile's contract liabilities changed year-over-year?
AST SpaceMobile's contract liabilities increased by 395.9% year-over-year, from $41.76M to $207.09M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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