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AST SpaceMobile ASTS Debt-to-equity

Debt-to-equity at other companies

Globalstar logo
GlobalstarGSAT
1.6×0.0×
Iridium Communications logo
Iridium CommunicationsIRDM
3.9×+0.7×
Comtech Telecommunications logo
Comtech TelecommunicationsCMTL
2.8×+1.1×
YSS
York Space Systems YSS
0.1×
WidePoint logo
WidePointWYY
0.4×0.0×
Skyworks Solutions logo
Skyworks SolutionsSWKS
0.1×-0.1×

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
Current ratio18.5×+7.8×

Where this comes from

Calculated from AST SpaceMobile’s reported figures.

Based on the most recent quarter.

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

Filed
May 11, 2026, 4:40 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-216950

FAQ

What is AST SpaceMobile's debt-to-equity?
AST SpaceMobile (ASTS) reported debt-to-equity of 1.1× in Q1 2026.
How has AST SpaceMobile's debt-to-equity changed year-over-year?
AST SpaceMobile's debt-to-equity increased by 79.6% year-over-year, from 0.6× to 1.1×.
What is the long-term trend for AST SpaceMobile's debt-to-equity?
Over 5 years (2020 to 2025), AST SpaceMobile's debt-to-equity has grown at a -7.9% compound annual growth rate (CAGR), from 1.4× to 0.9×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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