AST SpaceMobile, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $70.9M | $4.4M | $0 | $13.8M | $12.4M | $6.0M |
| Cost of Revenue | — | — | $0 | $6.7M | $7.6M | $3.0M |
| Gross Profit | — | — | $0 | $7.1M | $4.8M | $2.9M |
| Gross Margin | — | — | — | 51.4% | 39.0% | 49.3% |
| Operating Expenses | ||||||
| Research & Development | $28.1M | $28.8M | $47.5M | $45.6M | $23.4M | $1.0M |
| SG&A Expense | $101.7M | $61.6M | $41.6M | $48.3M | $35.6M | $12.3M |
| Operating Income | $-425.3M | $-506.3M | $-216.5M | $-102.3M | $-72.9M | $-1.1M |
| Operating Margin | -599.7% | -11,506.9% | — | -739.9% | -587.9% | -18.8% |
| Interest Expense | $31.8M | $18.7M | $4.5M | $200.0K | — | — |
| Pretax Income | $-457.1M | $-525.0M | $-221.0M | $-102.5M | $-72.9M | $-24.3M |
| Income Tax Expense | $3.9M | $1.3M | $1.7M | $617.0K | $331.0K | $131.0K |
| Net Income | $-341.9M | $-300.1M | $-87.6M | $-31.6M | $-30.6M | $-52.0M |
| Net Margin | -482.2% | -6,820.1% | — | -228.9% | -246.3% | -870.8% |
| EPS (Basic) | — | — | — | — | $-0.37 | $-6.13 |
| EPS (Diluted) | — | — | — | — | $-0.37 | $-6.13 |
| Shares Outstanding (Basic) | 256.0M | 154.5M | 81.8M | — | — | — |
| Shares Outstanding (Diluted) | 256.0M | 154.5M | 81.8M | — | — | — |
| Dividends Per Share | — | — | — | — | — | — |