AST SpaceMobile (ASTS) Operating Leases (2020 - 2026)
AST SpaceMobile (ASTS) reported Operating Leases of $16.8 million for Q1 2026, up 39.02% year-over-year from $12.1 million in Q1 2025, and down 3.67% quarter-over-quarter from $17.5 million in Q4 2025.
AST SpaceMobile (ASTS) Operating Leases (2020 - 2026) Analysis & Trends
AST SpaceMobile (ASTS) has 7 years of Operating Leases data on file, last reported at $16.8 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $16.8 million, up 39.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.8 million (up 39.02% YoY), and the FY2025 annual result was $17.5 million, up 38.15% from the prior year.
- Operating Leases slipped to $16.8 million in Q1 2026 per ASTS's latest filing, from $17.5 million in the prior quarter.
- Over five years, Operating Leases peaked at $17.5 million in Q4 2025 and troughed at $7.0 million in Q4 2022.
- A 5-year average of $11.8 million and a median of $12.0 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2024: Operating Leases soared 68.89% in 2023, then retreated 11.06% in 2024.
- A 5-year view of Operating Leases shows it stood at $7.0 million in 2022, then soared by 68.89% to $11.9 million in 2023, then increased by 6.32% to $12.7 million in 2024, then soared by 38.15% to $17.5 million in 2025, then dropped by 3.67% to $16.8 million in 2026.
- Business Quant data shows ASTS's Operating Leases at $16.8 million in Q1 2026, $17.5 million in Q4 2025, and $13.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.84 Mn |
| Dec 31, 2025 | 17.48 Mn |
| Sep 30, 2025 | 13.77 Mn |
| Jun 30, 2025 | 13.28 Mn |
| Mar 31, 2025 | 12.11 Mn |
| Dec 31, 2024 | 12.65 Mn |
| Sep 30, 2024 | 11.06 Mn |
| Jun 30, 2024 | 10.95 Mn |
| Mar 31, 2024 | 11.43 Mn |
| Dec 31, 2023 | 11.90 Mn |
| Sep 30, 2023 | 11.98 Mn |
| Jun 30, 2023 | 12.31 Mn |
| Mar 31, 2023 | 12.11 Mn |
| Dec 31, 2022 | 7.05 Mn |
| Sep 30, 2022 | 7.20 Mn |
| Mar 31, 2022 | 7.31 Mn |
| Dec 31, 2021 | 7.53 Mn |
| Sep 30, 2021 | 6.93 Mn |
| Jun 30, 2021 | 6.34 Mn |
| Dec 31, 2020 | 6.54 Mn |