Communications Services, NEC · SIC 4899

AST SpaceMobile, Inc.

ASTS

Watch

Latest revenue

$14.7M

as of 2026-03-31

Latest net income

$-191.0M

as of 2026-03-31

Net margin

-1296.3%

as of 2026-03-31

Price · 5Y

+71.4% / yr 57.7 pts / yr vs S&P 500 1366.2% total
Compare:

Live market

delayed ≤15 min
$105.86
10.01%
Market cap
Enterprise value
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$129.89
52-wk low
$22.47
Beta
Shares out

5-year trend

What this company does

AI

Item 1. Business Our Company We are building the first and only global Cellular Broadband network in space to be accessible directly by everyday smartphones (2G/4G-LTE/5G devices) for commercial use, and for other applications for government use utilizing our extensive intellectual property (“IP”) and patent portfolio. The SpaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices. The SpaceMobile Service currently is planned to be provided by a constellation of high-powered, large phased-array satellites in LEO using low-band and mid-band spectrum controlled…

AI summary unavailable — showing raw filing excerpt

Generated from ASTS's filing dated 2026-03-02

Key risks

AI

Item 1A. Risk Factors You should carefully consider the risks described below together with the other information set forth in this report, which could materially affect our business, operations, financial condition and future results. The risks described below are not the only ones that we may face. Additional risks that are not currently known to us or that we currently consider immaterial may also impair our business, operations, financial condition or future results. 10 Risk Factor Summary The following is a summary of the material risks that could adversely affect our business, operations, financial conditions and financial results. Risks Related to Our Business and Industry •Our…

AI summary unavailable — showing raw filing excerpt

Generated from ASTS's filing dated 2026-03-02

Profitability

Gross margin

0.0%

100.0%

Net margin

-482.2%

92.9%

Return on assets

-6.8%

78.3%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$14.7M+1952.2%$-191.0M-317.9%-1296.3%

Q4 2025

2025-12-31

$54.3M+2731.3%$-74.0M-106.3%-136.2%

Q3 2025

2025-09-30

$14.7M+1239.9%$-122.9M+28.5%-833.7%

Q2 2025

2025-06-30

$1.2M+28.4%$-99.4M-37.0%-8598.1%

Q1 2025

2025-03-31

$718.0K+43.6%$-45.7M-131.7%-6365.7%

Q4 2024

2024-12-31

$1.9M$-35.9M-1869.5%

Q3 2024

2024-09-30

$1.1M$-171.9M-722.4%-15631.5%

Q2 2024

2024-06-30

$900.0K$-72.5M-294.1%-8061.1%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Communications Services, NEC · SIC 4899

No data yet for industry average

Your notes

Keep private notes on ASTS — thesis, target price, catalysts to watch.

Visible only to you. Never shared. Never used to train AI.

Sign in to write a note

Insider activity

Insider buying

$168.2K

Insider selling

$286.6M

Net activity

−$286.5M

Distinct insiders

9

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-13

Julio A. Torres

Director

Sale15,000$76.34$1.1M
2026-04-15

Hiroshi Mikitani / Rakuten Group, Inc. / Rakuten Mobile, Inc.

10%+ owner

Sale1,350,000$86.22$116.4M
2026-04-14

Hiroshi Mikitani / Rakuten Group, Inc. / Rakuten Mobile, Inc.

10%+ owner

Sale1,690,000$91.42$154.5M
2026-03-23

Huiwen Yao

Chief Technology Officer

Sale40,000$88.88$3.6M
2025-12-24

Keith R Larson

Director

Purchase625$80.00$50.0K
2025-12-17

Keith R Larson

Director

Purchase715$70.02$50.1K
2025-12-10

Shanti B. Gupta

Chief Operating Officer

Sale10,000$77.34$773.4K
2025-12-10

Keith R Larson

Director

Purchase675$72.71$49.1K
2025-12-05

Huiwen Yao

Chief Technology Officer

Sale40,000$73.52$2.9M
2025-12-05

Maya Bernal

Chief Accounting Officer

Sale6,000$73.76$442.6K
2025-11-26

Andrew Martin Johnson

CFO and CLO

Sale10,000$56.00$560.0K
2025-11-20

Adriana Cisneros

Director

Purchase375$50.79$19.0K
2025-09-16

Huiwen Yao

Chief Technology Officer

Sale40,000$40.58$1.6M
2025-09-03

Huiwen Yao

Chief Technology Officer

Sale16,000$48.04$768.6K
2025-08-26

Andrew Martin Johnson

CFO and CLO

Sale20,000$52.48$1.0M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns ASTS

Institutional value

$9.41B

Total shares held

114.6M

Distinct holders

467

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Rakuten Group, Inc.31.0M$2.57BNew
2BlackRock, Inc.14.5M$1.20BNew
3VANGUARD CAPITAL MANAGEMENT LLC11.5M$952.1MNew
4VANGUARD PORTFOLIO MANAGEMENT LLC11.0M$915.2MNew
5Alphabet Inc.8.9M$741.1MNew
6Vodafone Ventures Ltd5.5M$453.4MNew
7UBS Group AG4.5M$376.5MNew
8Marex Group plc2.6M$218.8MNew
9VANGUARD FIDUCIARY TRUST CO1.6M$131.0MNew
10FIRST TRUST ADVISORS LP1.3M$109.1MNew
11BNP PARIBAS FINANCIAL MARKETS1.1M$91.2MNew
12WELLS FARGO & COMPANY/MN856.4K$71.0MNew
13UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC845.2K$70.0MNew
14Bank of New York Mellon Corp837.6K$69.4MNew
15Legal & General Group Plc814.4K$67.5MNew
16ONCE CAPITAL MANAGEMENT, LLC790.5K$65.5MNew
17Voya Investment Management LLC704.3K$58.4MNew
18Swiss National Bank660.3K$54.7MNew
19Invesco Ltd.640.8K$53.1MNew
20OPPENHEIMER & CO INC636.6K$52.8MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once ASTS's latest filing finishes processing.