AST SpaceMobile (ASTS) Invested Capital (2021 - 2026)
AST SpaceMobile (ASTS) recorded Invested Capital of $5.37 billion in Q2 2026, up 225.8% from $1.65 billion a year earlier but down 4.7% from the prior quarter.
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Analysis
AST SpaceMobile (ASTS) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, AST SpaceMobile reported Invested Capital of $4.61 billion, up 457.2% from FY2024.
- Annual Invested Capital has a four-year compound annual growth rate of 89.6% (FY2021 to FY2025).
- Across earlier years, Invested Capital came in at $827.64 million in FY2024 (+203.1%), $273.06 million in FY2023 (-25.2%), $364.83 million in FY2022 (+2.2%) and $356.97 million in FY2021.
- Quarterly Invested Capital has ranged from $273.06 million in Q4 2023 to $5.63 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Invested Capital has increased for ten consecutive quarters, with growth averaging 253.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 457.2% in Q4 2025, against a decline of 25.2% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.63 billion (Q1 2026), $4.61 billion (Q4 2025) and $2.33 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 186.37 Bn | 149.50 Bn | 27.03 Bn | 270.43 Bn |
| 2 | T-Mobile US | 172.07 Bn | 156.81 Bn | 14.76 Bn | 140.89 Bn |
| 3 | At&T | 162.52 Bn | 94.48 Bn | 25.82 Bn | 270.39 Bn |
| 4 | Grupo Televisa, S.A.B | 155.17 Bn | 146.91 Bn | 318.12 Mn | 11.09 Bn |
| 5 | Comcast | 78.07 Bn | 42.13 Bn | - | 180.17 Bn |
| 6 | Vodafone Group Public | 38.75 Bn | 8.15 Bn | - | 118.35 Bn |
| 7 | Chunghwa Telecom | 36.94 Bn | 28.95 Bn | 728.80 Mn | 11.65 Bn |
| 8 | EchoStar | 24.82 Bn | 15.91 Bn | 1.65 Bn | 31.63 Bn |
| 9 | Telefonica Brasil | 20.19 Bn | 14.21 Bn | 1.42 Bn | - |
| 10 | AST SpaceMobile | 12.17 Bn | 3.31 Bn | 7.95 Mn | 5.37 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();