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AST SpaceMobile ASTS Free cash flow margin

Free cash flow margin at other companies

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GlobalstarGSAT
201.6%-19.9pp
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Iridium CommunicationsIRDM
32.6%-5.4pp
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Comtech TelecommunicationsCMTL
-8.1%-1.7pp
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WidePointWYY
-0.1%
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Skyworks SolutionsSWKS
27.3%-3.7pp
BlackSky Technology logo
BlackSky TechnologyBKSY
-75.2%-82.5pp

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$20.43B+52.6%
Enterprise value$19.92B+53.8%
P/S240.5×-2,496×

Profitability

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Gross margin39.4%-7.5pp
Operating margin-38.6%
Net margin-573.7%-275pp

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.

Based on trailing twelve months.

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 free cash flow margin?
AST SpaceMobile (ASTS) reported free cash flow margin of -1,526.9% in Q1 2026.
How has AST SpaceMobile's free cash flow margin changed year-over-year?
AST SpaceMobile's free cash flow margin increased by 80.4% year-over-year, from -7,799.4% to -1,526.9%.
What is the long-term trend for AST SpaceMobile's free cash flow margin?
Over 3 years (2021 to 2025), AST SpaceMobile's free cash flow margin has grown at a 27.8% compound annual growth rate (CAGR), from -767.9% to -1,602.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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