AST SpaceMobile (ASTS) Operating Expenses (2020 - 2026)
AST SpaceMobile's (ASTS) quarterly Operating Expenses came in at $329.1 million in Q2 2026, up 345.01% year-over-year from $74.0 million in Q2 2025, and up 100.49% quarter-over-quarter from $164.1 million in Q1 2026.
Analysis
AST SpaceMobile (ASTS) Operating Expenses (2020 - 2026) Analysis & Trends
AST SpaceMobile (ASTS) has reported Operating Expenses for 7 consecutive years, with $329.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 345.01% year-over-year to $329.1 million in Q2 2026; TTM through Jun 2026 was $714.2 million, a 169.6% increase from a year earlier, with the FY2025 full-year figure at $358.6 million, up 45.09% from the prior year.
- Operating Expenses was $329.1 million for Q2 2026 at AST SpaceMobile, up from $164.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $329.1 million in Q2 2026 and troughed at $32.7 million in Q1 2022.
- A 5-year average of $82.3 million and a median of $60.8 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses retreated 0.39% in 2024 and jumped 345.01% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $49.3 million in 2022, then rose by 23.43% to $60.9 million in 2023, then retreated by 0.39% to $60.6 million in 2024, then soared by 108.74% to $126.6 million in 2025, then jumped by 159.99% to $329.1 million in 2026.
- The last three Operating Expenses figures came in at $329.1 million (Q2 2026), $164.1 million (Q1 2026), and $126.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 3.06 Bn |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | 329.10 Mn |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | 69.55 Mn |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 300.52 Mn |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 191.23 Mn |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -44.62 Mn |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 193.16 Mn |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | 33.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 329.10 Mn |
| Mar 31, 2026 | 164.15 Mn |
| Dec 31, 2025 | 126.58 Mn |
| Sep 30, 2025 | 94.42 Mn |
| Jun 30, 2025 | 73.95 Mn |
| Mar 31, 2025 | 63.68 Mn |
| Dec 31, 2024 | 60.64 Mn |
| Sep 30, 2024 | 66.65 Mn |
| Jun 30, 2024 | 63.89 Mn |
| Mar 31, 2024 | 56.00 Mn |
| Dec 31, 2023 | 60.88 Mn |
| Sep 30, 2023 | 58.97 Mn |
| Jun 30, 2023 | 58.07 Mn |
| Mar 31, 2023 | 44.45 Mn |
| Dec 31, 2022 | 49.32 Mn |
| Sep 30, 2022 | 42.12 Mn |
| Jun 30, 2022 | 35.40 Mn |
| Mar 31, 2022 | 32.74 Mn |
| Dec 31, 2021 | 31.26 Mn |
| Sep 30, 2021 | 23.11 Mn |