AST SpaceMobile (ASTS) Operating Leases (2020 - 2026)
AST SpaceMobile's Operating Leases came in at $18.07 million for Q2 2026, up 36.1% from $13.28 million a year earlier and up 7.3% from the prior quarter.
AST SpaceMobile (ASTS) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, AST SpaceMobile's Operating Leases was $17.48 million, up 38.2% from FY2024.
- Operating Leases has increased in each of the last three years, with a five-year compound annual growth rate of 21.7% (FY2020 to FY2025).
- Going back by year, Operating Leases was $12.65 million in FY2024 (+6.3%), $11.9 million in FY2023 (+68.9%), $7.05 million in FY2022 (-6.4%) and $7.53 million in FY2021 (+15.0%).
- The Q2 2026 figure represents the highest quarterly Operating Leases in data going back to Q4 2020.
- Year-over-year, Operating Leases has increased for seven consecutive quarters, with growth averaging 20.5% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q4 2023 (growth of 68.9%), and the weakest in Q2 2024 (a decline of 11.1%).
- Business Quant data shows ASTS's Operating Leases at $16.84 million (Q1 2026), $17.48 million (Q4 2025) and $13.77 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 186.37 Bn | 149.50 Bn | 27.03 Bn |
| 2 | T-Mobile US | 172.07 Bn | 156.81 Bn | 14.76 Bn |
| 3 | At&T | 162.52 Bn | 94.48 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 155.17 Bn | 146.91 Bn | 318.12 Mn |
| 5 | Comcast | 78.07 Bn | 42.13 Bn | - |
| 6 | Vodafone Group Public | 38.75 Bn | 8.15 Bn | - |
| 7 | Chunghwa Telecom | 36.94 Bn | 28.95 Bn | 728.80 Mn |
| 8 | EchoStar | 24.82 Bn | 15.91 Bn | 1.65 Bn |
| 9 | Telefonica Brasil | 20.19 Bn | 14.21 Bn | 1.42 Bn |
| 10 | AST SpaceMobile | 12.17 Bn | 3.31 Bn | 7.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.07 Mn |
| 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 | 6.43 Mn |
| Jun 30, 2021 | 6.34 Mn |
AST SpaceMobile Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ASTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ASTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ASTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();