AST SpaceMobile (ASTS) Free Cash Flow (2020 - 2026)
AST SpaceMobile's (ASTS) quarterly Free Cash Flow came in at -$309.7 million in Q1 2026, down 107.82% year-on-year from $4.0 billion in Q1 2025, and up 6.37% on a QoQ basis from -$330.7 million in Q4 2025.
AST SpaceMobile (ASTS) Free Cash Flow (2020 - 2026) Analysis & Trends
AST SpaceMobile (ASTS) has 7 years of Free Cash Flow data on file, last reported at -$309.7 million in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 107.82% year-over-year to -$309.7 million in Q1 2026; TTM through Mar 2026 was -$1.3 billion, a 258.68% 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 for Q1 2026 stood at -$309.7 million, up from -$330.7 million in the prior quarter.
- Over the last five years, Free Cash Flow for ASTS reached as high as -$38.4 million in Q2 2024 and fell as low as -$353.6 million in Q2 2025.
- Historically, Free Cash Flow has averaged -$131.0 million across 5 years, with a median of -$69.9 million in 2022.
- Across the five-year window, Free Cash Flow jumped 41.8% in 2024 and plunged 822.05% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at -$46.5 million in 2022, then fell 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 advanced by 6.37% to -$309.7 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$309.7 million in Q1 2026, -$330.7 million in Q4 2025, and -$302.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 444.27 Bn | 427.63 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Motorola Solutions | 68.42 Bn | 67.56 Bn | 1.36 Bn | 389.00 Mn |
| 3 | Hewlett Packard Enterprise | 63.57 Bn | 58.72 Bn | 9.10 Bn | 609.00 Mn |
| 4 | Lumentum Holdings | 59.61 Bn | 56.43 Bn | 357.00 Mn | 79.10 Mn |
| 5 | Ciena | 57.62 Bn | 56.33 Bn | 625.52 Mn | 212.74 Mn |
| 6 | Nokia | 52.70 Bn | 45.22 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.00 Bn | 31.63 Bn | 370.71 Mn | 162.23 Mn |
| 8 | AST SpaceMobile | 17.20 Bn | 17.78 Bn | 3.67 Mn | -309.66 Mn |
| 9 | Zebra Technologies | 12.59 Bn | 12.48 Bn | 742.00 Mn | 163.00 Mn |
| 10 | Viasat | 10.14 Bn | 8.46 Bn | 615.36 Mn | 974.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -309.66 Mn |
| Mar 31, 2026 | -309.66 Mn |
| Dec 31, 2025 | -330.73 Mn |
| Dec 31, 2025 | -330.73 Mn |
| Sep 30, 2025 | -302.89 Mn |
| Sep 30, 2025 | -302.89 Mn |
| Jun 30, 2025 | -353.64 Mn |
| Jun 30, 2025 | -353.64 Mn |
| Mar 31, 2025 | -149.00 Mn |
| Mar 31, 2025 | -149.00 Mn |
| Dec 31, 2024 | -110.47 Mn |
| Dec 31, 2024 | -110.47 Mn |
| Sep 30, 2024 | -63.75 Mn |
| Sep 30, 2024 | -63.75 Mn |
| Jun 30, 2024 | -38.35 Mn |
| Jun 30, 2024 | -38.35 Mn |
| Mar 31, 2024 | -87.69 Mn |
| Mar 31, 2024 | -87.69 Mn |
| Dec 31, 2023 | -47.25 Mn |
| Dec 31, 2023 | -47.25 Mn |