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Discontinued — last reported Q1 '26

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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$24.1B+370%
Enterprise value$23.59B+398%
P/S283.7×-823×

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

Calculated from AST SpaceMobile’s reported figures.

$224.1Mebit+
$17.6MDepreciation Depletion & Amortization
=-$206.52M

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 EBITDA?
AST SpaceMobile (ASTS) reported EBITDA of -$206.52M in Q1 2026.
How has AST SpaceMobile's EBITDA changed year-over-year?
AST SpaceMobile's EBITDA decreased by 332.4% year-over-year, from -$47.77M to -$206.52M.
What is the long-term trend for AST SpaceMobile's EBITDA?
Over 4 years (2021 to 2025), AST SpaceMobile's EBITDA has grown at a 56.7% compound annual growth rate (CAGR), from -$61.28M to -$369.93M.
What does EBITDA mean?
Operating cash profit before interest, taxes, and non-cash charges.
How do you interpret EBITDA?
Higher is better and widely used to value capital-intensive businesses, but it ignores the real cost of capex — pair it with free cash flow. (Defined as EBIT + D&A so EBITDA = EBIT + D&A holds exactly.)
How does EBITDA compare across companies?
Standard cross-company operating-profit proxy for non-financials; not meaningful for banks and insurers.