AST SpaceMobile (ASTS) Free Cash Flow (2020 - 2026)
AST SpaceMobile's (ASTS) quarterly Free Cash Flow came in at -$694.8 million in Q2 2026, down 96.46% year-over-year from -$19.6 billion in Q2 2025, and down 124.37% quarter-over-quarter from -$309.7 million in Q1 2026.
AST SpaceMobile (ASTS) Free Cash Flow (2020 - 2026) Analysis & Trends
AST SpaceMobile (ASTS) has reported Free Cash Flow for 7 consecutive years, with -$694.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 96.46% year-over-year to -$694.8 million in Q2 2026; TTM through Jun 2026 was -$1.6 billion, a 142.0% decrease from a year earlier, with the FY2025 full-year figure at -$1.1 billion, down 278.41% from the prior year.
- Free Cash Flow was -$694.8 million for Q2 2026 at AST SpaceMobile, down from -$309.7 million in the prior quarter.
- Over five years, Free Cash Flow peaked at -$38.4 million in Q2 2024 and troughed at -$694.8 million in Q2 2026.
- A 5-year average of -$162.4 million and a median of -$78.8 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow surged 41.8% in 2024 and tumbled 822.05% in 2025, its largest moves.
- Over 5 years, Free Cash Flow stood at -$46.5 million in 2022, then decreased by 1.66% to -$47.2 million in 2023, then slumped by 133.82% to -$110.5 million in 2024, then tumbled by 199.38% to -$330.7 million in 2025, then slumped by 110.07% to -$694.8 million in 2026.
- The last three Free Cash Flow figures came in at -$694.8 million (Q2 2026), -$309.7 million (Q1 2026), and -$330.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 195.65 Bn | 160.05 Bn | 27.03 Bn | 6.43 Bn |
| 2 | T-Mobile US | 177.81 Bn | 162.55 Bn | 14.76 Bn | 4.80 Bn |
| 3 | At&T | 174.05 Bn | 122.00 Bn | 25.82 Bn | 5.10 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 135.48 Bn | 318.12 Mn | - |
| 5 | Comcast | 77.49 Bn | 41.74 Bn | - | 5.19 Bn |
| 6 | Chunghwa Telecom | 35.79 Bn | 31.63 Bn | 728.80 Mn | 167.60 Mn |
| 7 | EchoStar | 26.14 Bn | 17.28 Bn | 1.65 Bn | -102.26 Mn |
| 8 | AST SpaceMobile | 24.05 Bn | 24.55 Bn | 7.95 Mn | -694.77 Mn |
| 9 | Bce | 19.56 Bn | 17.89 Bn | - | 2.34 Bn |
| 10 | Telefonica Brasil | 18.53 Bn | 12.53 Bn | 1.42 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -694.77 Mn |
| Mar 31, 2026 | -309.66 Mn |
| Dec 31, 2025 | -330.73 Mn |
| Sep 30, 2025 | -302.89 Mn |
| Jun 30, 2025 | -353.64 Mn |
| Mar 31, 2025 | -149.00 Mn |
| Dec 31, 2024 | -110.47 Mn |
| Sep 30, 2024 | -63.75 Mn |
| Jun 30, 2024 | -38.35 Mn |
| Mar 31, 2024 | -87.69 Mn |
| Dec 31, 2023 | -47.25 Mn |
| Sep 30, 2023 | -109.54 Mn |
| Jun 30, 2023 | -57.84 Mn |
| Mar 31, 2023 | -53.12 Mn |
| Dec 31, 2022 | -46.47 Mn |
| Sep 30, 2022 | -45.17 Mn |
| Jun 30, 2022 | -69.94 Mn |
| Mar 31, 2022 | -52.17 Mn |
| Dec 31, 2021 | -25.27 Mn |
| Sep 30, 2021 | -20.24 Mn |
AST SpaceMobile Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ASTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "ASTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ASTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();