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| Date | Value |
|---|---|
| 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 |