AST SpaceMobile (ASTS) Operating Income (2020 - 2026)

AST SpaceMobile's (ASTS) quarterly Operating Income came in at -$160.5 million in Q1 2026, down 154.87% year-on-year from $292.5 million in Q1 2025, and down 136.68% on a QoQ basis from -$67.8 million in Q4 2025.

AST SpaceMobile (ASTS) Operating Income (2020 - 2026) Analysis & Trends

AST SpaceMobile (ASTS) has 7 years of Operating Income data on file, last reported at -$160.5 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 154.87% year-over-year to -$160.5 million in Q1 2026; TTM through Mar 2026 was -$376.4 million, a 51.72% decrease from a year earlier, with the FY2025 full-year figure at -$289.0 million, down 19.06% from the prior year.
  • Operating Income for Q1 2026 stood at -$160.5 million, down from -$67.8 million in the prior quarter.
  • Over the last five years, Operating Income for ASTS reached as high as -$30.3 million in Q2 2022 and fell as low as -$160.5 million in Q1 2026.
  • Historically, Operating Income has averaged -$62.5 million across 5 years, with a median of -$58.8 million in 2023.
  • Across the five-year window, Operating Income sank 2153.36% in 2022 and rose 3.54% in 2024, its largest moves.
  • Year by year, Operating Income stood at -$49.3 million in 2022, then declined by 23.43% to -$60.9 million in 2023, then advanced by 3.54% to -$58.7 million in 2024, then declined by 15.46% to -$67.8 million in 2025, then slumped by 136.68% to -$160.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$160.5 million in Q1 2026, -$67.8 million in Q4 2025, and -$85.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Cisco Systems 453.08 Bn 436.44 Bn 10.08 Bn 3.96 Bn
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn 525.00 Mn
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn 470.00 Mn
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn 189.41 Mn
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn 174.50 Mn
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn -158.18 Mn
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn 290.82 Mn
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn 621.28 Mn
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn -160.48 Mn
10 Zebra Technologies 13.05 Bn 12.94 Bn 742.00 Mn 215.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -160.48 Mn
Dec 31, 2025 -67.80 Mn
Sep 30, 2025 -85.19 Mn
Mar 31, 2025 -62.96 Mn
Dec 31, 2024 -58.72 Mn
Sep 30, 2024 -65.55 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 -40.48 Mn
Jun 30, 2022 -30.34 Mn
Mar 31, 2022 -32.33 Mn
Dec 31, 2021 -28.48 Mn
Sep 30, 2021 -22.77 Mn
Jun 30, 2021 -23.44 Mn
Mar 31, 2021 -1.43 Mn
Dec 31, 2020 -632,682.00
Sep 30, 2020 -152,823.00