AST SpaceMobile (ASTS) Invested Capital (2021 - 2026)
AST SpaceMobile's (ASTS) quarterly Invested Capital came in at $5.4 billion in Q2 2026, up 225.84% year-over-year from $1.6 billion in Q2 2025, and down 4.67% quarter-over-quarter from $5.6 billion in Q1 2026.
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Analysis
AST SpaceMobile (ASTS) Invested Capital (2021 - 2026) Analysis & Trends
AST SpaceMobile (ASTS) has reported Invested Capital for 6 consecutive years, with $5.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 225.84% year-over-year to $5.4 billion in Q2 2026; TTM through Jun 2026 was $5.4 billion, a 225.84% increase from a year earlier, with the FY2025 full-year figure at $4.6 billion, up 457.24% from the prior year.
- Invested Capital was $5.4 billion for Q2 2026 at AST SpaceMobile, down from $5.6 billion in the prior quarter.
- Over five years, Invested Capital peaked at $5.6 billion in Q1 2026 and troughed at $273.1 million in Q4 2023.
- A 5-year average of $1.5 billion and a median of $446.9 million in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital fell 25.15% in 2023 and soared 457.24% in 2025, its largest moves.
- Over 5 years, Invested Capital stood at $364.8 million in 2022, then slipped by 25.15% to $273.1 million in 2023, then jumped by 203.09% to $827.6 million in 2024, then soared by 457.24% to $4.6 billion in 2025, then gained by 16.43% to $5.4 billion in 2026.
- The last three Invested Capital figures came in at $5.4 billion (Q2 2026), $5.6 billion (Q1 2026), and $4.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 195.65 Bn | 160.05 Bn | 27.03 Bn | 270.43 Bn |
| 2 | T-Mobile US | 177.81 Bn | 162.55 Bn | 14.76 Bn | 140.89 Bn |
| 3 | At&T | 174.05 Bn | 122.00 Bn | 25.82 Bn | 270.39 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 135.48 Bn | 318.12 Mn | 10.56 Bn |
| 5 | Comcast | 77.49 Bn | 41.74 Bn | - | 180.15 Bn |
| 6 | Chunghwa Telecom | 35.79 Bn | 31.63 Bn | 728.80 Mn | 11.79 Bn |
| 7 | EchoStar | 26.14 Bn | 17.28 Bn | 1.65 Bn | 31.63 Bn |
| 8 | AST SpaceMobile | 24.05 Bn | 24.55 Bn | 7.95 Mn | 5.37 Bn |
| 9 | Bce | 19.56 Bn | 17.89 Bn | - | 47.68 Bn |
| 10 | Telefonica Brasil | 18.53 Bn | 12.53 Bn | 1.42 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.37 Bn |
| Mar 31, 2026 | 5.63 Bn |
| Dec 31, 2025 | 4.61 Bn |
| Sep 30, 2025 | 2.33 Bn |
| Jun 30, 2025 | 1.65 Bn |
| Mar 31, 2025 | 1.23 Bn |
| Dec 31, 2024 | 827.64 Mn |
| Sep 30, 2024 | 703.69 Mn |
| Jun 30, 2024 | 441.67 Mn |
| Mar 31, 2024 | 446.93 Mn |
| Dec 31, 2023 | 273.06 Mn |
| Sep 30, 2023 | 345.76 Mn |
| Jun 30, 2023 | 340.51 Mn |
| Mar 31, 2023 | 321.63 Mn |
| Dec 31, 2022 | 364.83 Mn |
| Sep 30, 2022 | 301.50 Mn |
| Mar 31, 2022 | 320.82 Mn |
| Dec 31, 2021 | 356.97 Mn |
API Access
AST SpaceMobile Invested Capital 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=invested-capital&ticker=ASTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ASTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();