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AST SpaceMobile ASTS Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Net margin-573.7%+6,460pp-482.2%+6,310pp-1,639.6%+10,206pp-7,213.9%+3,151pp-7,033.2%+11,161pp
EBITDA margin-622.5%+9,636pp-521.6%+9,503pp-1,879.4%+15,882pp-9,966.7%+3,782pp-10,258.4%+14,435pp
Free cash flow margin-1,526.9%+6,272pp-1,602.2%+5,194pp-4,943.1%+4,539pp-13,836.3%+6,366pp-7,799.4%+52,664pp
Returns
Return on equity-28.4%+33.5pp-22.3%+45.7pp-28.5%+46.4pp-50.4%-0.2pp-62%-31.8pp
Return on assets-13.1%+21.7pp-11.5%+34.2pp-18%+30.4pp-28.7%+0.7pp-34.8%-14.7pp
Return on invested capital-46.5%+161pp-40%+177pp-64.2%+270pp-143.5%+155pp-207.6%-71.3pp
Efficiency
Asset turnover0.0×0.0×0.0×0.0×0.0×
Liquidity
Current ratio18.5×+7.8×16.4×+8.4×9.6×+3.8×8.2×+1.8×10.6×+3.1×
Quick ratio18.4×+7.7×16.3×+8.4×9.5×+3.7×8.2×+1.8×10.6×+3.1×
Cash ratio20.5×+10.1×18.6×+11.2×9.1×+3.6×7.9×+2.1×10.4×+3.7×
Leverage
Debt-to-equity1.1×+0.5×0.9×+0.7×0.4×+0.2×0.4×+0.2×0.6×+0.4×
Debt-to-assets0.5×+0.1×0.4×+0.3×0.3×+0.2×0.3×+0.2×0.4×+0.2×
Interest coverage-10.5×+17.3×-11.7×+15.3×-17.9×-0.4×-27×-16.0×-27.9×-17.7×
Per Share
Book value per share$9.15+167%$9.35+116%$5.96+84.5%$4.78+179%$3.42
Valuation
Market capitalization$24.25B+370%$20.19B+378%$13.35B+209%$13.25B+692%$5.16B+1,191%
Enterprise value$23.74B+398%$19.63B+412%$12.85B+229%$12.82B+784%$4.77B+1,786%
Price / sales285.5×-828×284.7×-672×720.2×-1,005×2,708.9×+1,513×1,114×+314×
Price / book9.1×+2.4×8.4×+2.1×8.2×-0.4×11.4×+4.5×6.7×+5.3×
EV / sales279.5×-749×276.8×-591×693.3×-868×2,620.2×+1,584×1,028.8×+523×
Free cash flow yield-5.3%+1.7pp-5.6%+1.5pp-6.9%-1.4pp-5.1%+11.8pp-7%+68.6pp
Earnings yield-2%+4.3pp-1.7%+5.4pp-2.3%+4.6pp-2.7%+6.0pp-6.3%+16.4pp

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Questions, answered.

What are AST SpaceMobile's profit margins?
AST SpaceMobile (ASTS) runs a 39.4% gross margin and a -38.6% operating margin, with a -573.7% net margin.
Where do AST SpaceMobile's ratios come from?
Every ratio is computed from AST SpaceMobile's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.