AST SpaceMobile annual free cash flow
2020
2021
2022
2023
2024
2025
AST SpaceMobile Free Cash Flow (FCF) History (ASTS)
AST SpaceMobile reported −$1.14B in free cash flow for fiscal 2025, a decrease of $836.0M from the previous fiscal year, with a free cash flow margin of −1602.21%.
View full AST SpaceMobile company overviewAST SpaceMobile free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$1.14B | −$836.0M | — | −1602.21% |
| 2024 | 2024-12-31 | −$300.3M | −$32.5M | — | −2171.93% |
| 2023 | 2023-12-31 | −$267.7M | −$54.0M | — | — |
| 2022 | 2022-12-31 | −$213.7M | −$118.6M | — | −1546.10% |
| 2021 | 2021-12-31 | −$95.2M | −$64.2M | — | −767.23% |
| 2020 | 2020-12-31 | −$30.9M | — | — | −518.35% |
AST SpaceMobile quarterly free cash flow
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$694.8M | −$341.1M | — | −2204.22% |
| Q1 2026 | 2026-03-31 | −$309.7M | −$160.7M | — | −2101.51% |
| Q4 2025 | 2025-12-31 | −$330.7M | −$220.3M | — | −609.02% |
| Q3 2025 | 2025-09-30 | −$302.9M | −$239.1M | — | −2054.99% |
| Q2 2025 | 2025-06-30 | −$353.6M | −$315.3M | — | −30592.04% |
| Q1 2025 | 2025-03-31 | −$149.0M | −$61.3M | — | −20752.37% |
| Q4 2024 | 2024-12-31 | −$110.5M | −$63.2M | — | −975.47% |
| Q3 2024 | 2024-09-30 | −$63.8M | $45.8M | — | −5795.82% |
| Q2 2024 | 2024-06-30 | −$38.4M | $19.5M | — | −4261.56% |
| Q1 2024 | 2024-03-31 | −$87.7M | −$34.6M | — | −17538.00% |
| Q4 2023 | 2023-12-31 | −$47.2M | −$772,000 | — | — |
| Q3 2023 | 2023-09-30 | −$109.5M | −$64.4M | — | — |
| Q2 2023 | 2023-06-30 | −$57.8M | $12.1M | — | — |
| Q1 2023 | 2023-03-31 | −$53.1M | −$953,000 | — | −2218.92% |
| Q4 2022 | 2022-12-31 | −$46.5M | −$21.2M | — | — |
| Q3 2022 | 2022-09-30 | −$45.2M | −$20.6M | — | −1083.71% |
| Q2 2022 | 2022-06-30 | −$69.9M | −$35.8M | — | −962.79% |
| Q1 2022 | 2022-03-31 | −$52.2M | −$40.9M | — | −2179.11% |
| Q4 2021 | 2021-12-31 | −$25.3M | −$19.2M | — | −405.55% |
| Q3 2021 | 2021-09-30 | −$24.5M | — | — | −1001.43% |
| Q2 2021 | 2021-06-30 | −$34.1M | — | — | −1230.26% |
| Q1 2021 | 2021-03-31 | −$11.3M | — | — | −1183.49% |
| Q3 2020 | 2020-09-30 | −$6.1M | — | — | −292.49% |
AST SpaceMobile free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$30.9M to −$1.14B, a net decrease of $1.11B. AST SpaceMobile's latest reported quarter, Q2 2026, generated −$694.8M in free cash flow, a decrease of $341.1M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review AST SpaceMobile filings at SEC.gov ↗