AST SpaceMobile (ASTS) Research & Development (2020 - 2026)
AST SpaceMobile's Research & Development was $7.77 million in Q2 2026, up 21.5% from $6.39 million a year earlier and up 9.0% from the prior quarter.
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Analysis
AST SpaceMobile (ASTS) Research & Development (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, AST SpaceMobile's Research & Development was $29.48 million through Jun 30, 2026, down 12.3% year-over-year; for FY2025, it was $28.12 million, down 2.3% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 94.5% (FY2020 to FY2025).
- In earlier years, Research & Development was $28.78 million in FY2024 (-39.4%), $47.49 million in FY2023 (+4.1%), $45.62 million in FY2022 (+94.6%) and $23.44 million in FY2021.
- Quarterly Research & Development has moved between $4.26 million (Q1 2024) and $16.38 million (Q1 2023) over five years.
- Compared with a year earlier, Research & Development was higher in five of the last eight quarters, with growth averaging 18.2%.
- The best year-over-year quarter for Research & Development over five years was Q4 2021 (growth of 735.9%); the worst was Q1 2024 (a decline of 74.0%).
- Per Business Quant data, ASTS's Research & Development in the three quarters before Q2 2026 was $7.13 million (Q1 2026), $9.06 million (Q4 2025) and $5.53 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | 36.19 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 | 7.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.77 Mn |
| Mar 31, 2026 | 7.13 Mn |
| Dec 31, 2025 | 9.06 Mn |
| Sep 30, 2025 | 5.53 Mn |
| Jun 30, 2025 | 6.39 Mn |
| Mar 31, 2025 | 7.14 Mn |
| Dec 31, 2024 | 5.35 Mn |
| Sep 30, 2024 | 14.72 Mn |
| Jun 30, 2024 | 4.46 Mn |
| Mar 31, 2024 | 4.26 Mn |
| Dec 31, 2023 | 10.77 Mn |
| Sep 30, 2023 | 9.42 Mn |
| Jun 30, 2023 | 10.92 Mn |
| Mar 31, 2023 | 16.38 Mn |
| Dec 31, 2022 | 14.65 Mn |
| Sep 30, 2022 | 13.54 Mn |
| Jun 30, 2022 | 9.15 Mn |
| Mar 31, 2022 | 8.28 Mn |
| Dec 31, 2021 | 7.95 Mn |
| Sep 30, 2021 | 4.89 Mn |
API Access
AST SpaceMobile Research & Development 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=research-and-development&ticker=ASTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=ASTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();