AST SpaceMobile (ASTS) Cost of Revenue (2020 - 2026)

AST SpaceMobile (ASTS) reported Cost of Revenue of $84.1 million for Q1 2026, up 209.13% year-over-year from $27.2 million in Q1 2025, and up 82.17% quarter-over-quarter from $46.2 million in Q4 2025.

AST SpaceMobile (ASTS) Cost of Revenue (2020 - 2026) Analysis & Trends

AST SpaceMobile (ASTS) has 7 years of Cost of Revenue data on file, last reported at $84.1 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $84.1 million, up 209.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $199.7 million (up 97.37% YoY), and the FY2025 annual result was $142.5 million, up 52.43% from the prior year.
  • Cost of Revenue climbed to $84.1 million in Q1 2026 per ASTS's latest filing, from $46.2 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $84.1 million in Q1 2026 and troughed at $2.0 million in Q1 2022.
  • A 5-year average of $27.4 million and a median of $21.8 million in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue tumbled 64.91% in 2022, then soared 936.01% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $47.5 million in 2022, then tumbled by 57.91% to $20.0 million in 2023, then soared by 54.78% to $30.9 million in 2024, then jumped by 49.18% to $46.2 million in 2025, then jumped by 82.17% to $84.1 million in 2026.
  • Business Quant data shows ASTS's Cost of Revenue at $84.1 million in Q1 2026, $46.2 million in Q4 2025, and $40.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 5.76 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 148.87 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 1.35 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 1.05 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 432.10 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 417.49 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 84.10 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 6.35 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 189.00 Mn
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 172.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 84.10 Mn
Mar 31, 2026 84.10 Mn
Dec 31, 2025 46.16 Mn
Dec 31, 2025 46.16 Mn
Sep 30, 2025 40.84 Mn
Sep 30, 2025 40.84 Mn
Jun 30, 2025 28.60 Mn
Jun 30, 2025 28.60 Mn
Mar 31, 2025 27.20 Mn
Mar 31, 2025 27.20 Mn
Dec 31, 2024 30.95 Mn
Dec 31, 2024 30.95 Mn
Sep 30, 2024 21.83 Mn
Sep 30, 2024 21.83 Mn
Jun 30, 2024 21.20 Mn
Jun 30, 2024 21.20 Mn
Mar 31, 2024 19.51 Mn
Mar 31, 2024 19.51 Mn
Dec 31, 2023 19.99 Mn
Dec 31, 2023 19.99 Mn