AST SpaceMobile (ASTS) Gross Margin (2020 - 2026)
AST SpaceMobile's Gross Margin was 25.23% in Q2 2026, down 74.77 percentage points from 100.00% a year earlier but up 4.29 percentage points from the prior quarter.
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Analysis
AST SpaceMobile (ASTS) Gross Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, AST SpaceMobile's Gross Margin was 39.17% through Jun 30, 2026, down 60.83 percentage points year-over-year; for FY2025, it came in at 50.34%, down 49.66 percentage points from FY2024.
- Gross Margin shows a five-year change of +1.04 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 100.00% in FY2024, 51.44% in FY2022 (+12.40 pp) and 39.03% in FY2021 (-10.27 pp).
- Quarterly Gross Margin has moved between 14.16% (Q3 2021) and 100.00% (Q2 2025) over five years.
- Compared with a year earlier, Gross Margin has declined for four straight quarters, with an average year-over-year change of -61.34 percentage points over the last four quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2022 (a gain of 25.26 percentage points); the worst was Q1 2026 (a drop of 79.06 percentage points).
- Per Business Quant data, ASTS's Gross Margin in the three quarters before Q2 2026 was 20.94% (Q1 2026), 45.84% (Q4 2025) and 62.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 186.37 Bn | 149.50 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 172.07 Bn | 156.81 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 162.52 Bn | 94.48 Bn | 25.82 Bn | 81.81% |
| 4 | Grupo Televisa, S.A.B | 155.17 Bn | 146.91 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 78.07 Bn | 42.13 Bn | - | - |
| 6 | Vodafone Group Public | 38.75 Bn | 8.15 Bn | - | - |
| 7 | Chunghwa Telecom | 36.94 Bn | 28.95 Bn | 728.80 Mn | 37.54% |
| 8 | EchoStar | 24.82 Bn | 15.91 Bn | 1.65 Bn | 46.08% |
| 9 | Telefonica Brasil | 20.19 Bn | 14.21 Bn | 1.42 Bn | 45.54% |
| 10 | AST SpaceMobile | 12.17 Bn | 3.31 Bn | 7.95 Mn | 25.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.23% |
| Mar 31, 2026 | 20.94% |
| Dec 31, 2025 | 45.84% |
| Sep 30, 2025 | 62.61% |
| Jun 30, 2025 | 100.00% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 100.00% |
| Sep 30, 2022 | 39.42% |
| Jun 30, 2022 | 69.69% |
| Mar 31, 2022 | 17.04% |
| Dec 31, 2021 | 44.68% |
| Sep 30, 2021 | 14.16% |
| Jun 30, 2021 | 59.90% |
| Mar 31, 2021 | 5.78% |
| Dec 31, 2020 | 85.53% |
| Sep 30, 2020 | 60.14% |
| Jun 30, 2020 | -92.04% |
API Access
AST SpaceMobile Gross Margin 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=gross-margin&ticker=ASTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=ASTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();