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AST SpaceMobile (ASTS) Cost of Revenue (2020 - 2025)

AST SpaceMobile (ASTS) has disclosed Cost of Revenue for 6 consecutive years, with $45.9 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 48.24% to $45.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $142.5 million, a 52.44% increase, with the full-year FY2025 number at $142.5 million, up 52.43% from a year prior.
  • Cost of Revenue was $45.9 million for Q4 2025 at AST SpaceMobile, up from $40.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $58.8 million in Q3 2023 to a low of -$11.2 million in Q4 2021.
  • A 5-year average of $19.3 million and a median of $19.8 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: crashed 2962.92% in 2021, then skyrocketed 2229.43% in 2023.
  • AST SpaceMobile's Cost of Revenue stood at -$11.2 million in 2021, then soared by 242.97% to $16.0 million in 2022, then rose by 24.93% to $20.0 million in 2023, then skyrocketed by 54.78% to $30.9 million in 2024, then skyrocketed by 48.24% to $45.9 million in 2025.
  • Per Business Quant, the three most recent readings for ASTS's Cost of Revenue are $45.9 million (Q4 2025), $40.8 million (Q3 2025), and $28.6 million (Q2 2025).