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AST SpaceMobile (ASTS) Operating Expenses (2020 - 2025)

AST SpaceMobile (ASTS) has disclosed Operating Expenses for 6 consecutive years, with $126.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 108.74% to $126.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $358.6 million, a 45.09% increase, with the full-year FY2025 number at $358.6 million, up 45.09% from a year prior.
  • Operating Expenses was $126.6 million for Q4 2025 at AST SpaceMobile, up from $94.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $126.6 million in Q4 2025 to a low of $10.0 million in Q3 2023.
  • A 5-year average of $51.5 million and a median of $52.7 million in 2022 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: skyrocketed 6439.02% in 2021, then plummeted 76.26% in 2023.
  • AST SpaceMobile's Operating Expenses stood at $31.3 million in 2021, then skyrocketed by 57.75% to $49.3 million in 2022, then increased by 23.43% to $60.9 million in 2023, then fell by 0.39% to $60.6 million in 2024, then surged by 108.74% to $126.6 million in 2025.
  • Per Business Quant, the three most recent readings for ASTS's Operating Expenses are $126.6 million (Q4 2025), $94.4 million (Q3 2025), and $74.0 million (Q2 2025).