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.
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 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 31.63 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | 5.37 Bn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 702.80 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 5.38 Bn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 2.23 Bn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | 4.57 Bn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 937.25 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | - |
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 |
| Mar 31, 2021 | 68.61 Mn |