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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | -102.26 Mn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -694.77 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 137.74 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 252.82 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 92.31 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -14.41 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 22.74 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 672,000.00 |
Historic Data
Download Data
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 |