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

AST SpaceMobile (ASTS) reported Operating Income of -$233.5 million for Q1 2026, down 158.97% year-over-year from $396.0 million in Q1 2025, and down 97.15% quarter-over-quarter from -$118.4 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 -$233.5 million in Q1 2026.

  • Operating Income for Q1 2026 came in at -$233.5 million, down 158.97% year-over-year; the trailing twelve-month figure through Mar 2026 was -$573.9 million (down 63.3% YoY), and the FY2025 annual result was -$96.0 million, up 71.45% from the prior year.
  • Operating Income fell to -$233.5 million in Q1 2026 per ASTS's latest filing, from -$118.4 million in the prior quarter.
  • Over five years, Operating Income peaked at -$30.3 million in Q2 2022 and troughed at -$233.5 million in Q1 2026.
  • A 5-year average of -$80.9 million and a median of -$75.0 million in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2025: Operating Income tumbled 2153.36% in 2022, then fell 20.21% in 2025.
  • A 5-year view of Operating Income shows it stood at -$49.3 million in 2022, then decreased by 23.43% to -$60.9 million in 2023, then plunged by 47.29% to -$89.7 million in 2024, then tumbled by 32.09% to -$118.4 million in 2025, then sank by 97.15% to -$233.5 million in 2026.
  • Business Quant data shows ASTS's Operating Income at -$233.5 million in Q1 2026, -$118.4 million in Q4 2025, and -$120.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 3.96 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 189.41 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 525.00 Mn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 470.00 Mn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 174.50 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 290.82 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -233.51 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -12.99 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 215.00 Mn
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 24.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -233.51 Mn
Dec 31, 2025 -118.44 Mn
Sep 30, 2025 -120.51 Mn
Jun 30, 2025 -101.40 Mn
Mar 31, 2025 -90.17 Mn
Dec 31, 2024 -89.67 Mn
Sep 30, 2024 -87.37 Mn
Jun 30, 2024 -84.20 Mn
Mar 31, 2024 -75.01 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