AST SpaceMobile (ASTS) Cash from Operations (2020 - 2026)
AST SpaceMobile's (ASTS) quarterly Cash from Operations came in at -$97.2 million in Q2 2026, down 123.46% year-over-year from $414.2 million in Q2 2025, and down 102.16% quarter-over-quarter from -$48.1 million in Q1 2026.
Analysis
AST SpaceMobile (ASTS) Cash from Operations (2020 - 2026) Analysis & Trends
AST SpaceMobile (ASTS) has reported Cash from Operations for 7 consecutive years, with -$97.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cash from Operations fell 123.46% year-over-year to -$97.2 million in Q2 2026; TTM through Jun 2026 was -$144.7 million, a 8.08% decrease from a year earlier, with the FY2025 full-year figure at -$71.5 million, up 43.3% from the prior year.
- Cash from Operations was -$97.2 million for Q2 2026 at AST SpaceMobile, down from -$48.1 million in the prior quarter.
- Over five years, Cash from Operations peaked at $65.0 million in Q4 2025 and troughed at -$97.2 million in Q2 2026.
- A 5-year average of -$36.0 million and a median of -$36.9 million in 2023 frame the typical range for Cash from Operations.
- Across the five-year window, Cash from Operations slumped 457.15% in 2022 and jumped 328.44% in 2025, its largest moves.
- Over 5 years, Cash from Operations stood at -$35.0 million in 2022, then grew by 28.94% to -$24.9 million in 2023, then fell by 14.21% to -$28.4 million in 2024, then jumped by 328.44% to $65.0 million in 2025, then slumped by 249.54% to -$97.2 million in 2026.
- The last three Cash from Operations figures came in at -$97.2 million (Q2 2026), -$48.1 million (Q1 2026), and $65.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | -9.96 Mn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -97.15 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 124.54 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 260.55 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 114.15 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -54.57 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 32.30 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 1.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -97.15 Mn |
| Mar 31, 2026 | -48.06 Mn |
| Dec 31, 2025 | 64.97 Mn |
| Sep 30, 2025 | -64.46 Mn |
| Jun 30, 2025 | -43.48 Mn |
| Mar 31, 2025 | -28.55 Mn |
| Dec 31, 2024 | -28.44 Mn |
| Sep 30, 2024 | -33.43 Mn |
| Jun 30, 2024 | -16.15 Mn |
| Mar 31, 2024 | -48.12 Mn |
| Dec 31, 2023 | -24.90 Mn |
| Sep 30, 2023 | -36.05 Mn |
| Jun 30, 2023 | -50.26 Mn |
| Mar 31, 2023 | -37.73 Mn |
| Dec 31, 2022 | -35.04 Mn |
| Sep 30, 2022 | -32.92 Mn |
| Jun 30, 2022 | -41.00 Mn |
| Mar 31, 2022 | -47.51 Mn |
| Dec 31, 2021 | -21.48 Mn |
| Sep 30, 2021 | -20.24 Mn |