AST SpaceMobile, Inc.
AST SpaceMobile, Inc. (ASTS) Free Cash Flow & Analysis
Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.
ASTS · free cash flow · updated Jun 8, 2026
Core FCF metrics
ASTS · FCF · TTM · margin & CAGRFree cash flow was −$1.14B for FY2025 (fiscal year ending 2025-12-31), down 278.4% year-over-year
Annual free cash flow history
Annual free cash flow data
FCF valuation metrics
ASTS · P/FCF · FCF yield · FCF per shareAST SpaceMobile, Inc. (ASTS) reported negative free cash flow of −$1.14B. FCF-based valuation ratios are not meaningful when FCF is negative.
FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.
Cash flow statement summary
ASTS · cash flow statement · operating / investing / financingFor FY2025, AST SpaceMobile, Inc. generated −$71.5M in operating cash flow and spent 1.06B in capital expenditures, yielding −$1.14B in free cash flow.
For the complete Operating / Investing / Financing line-item breakdown:
View Full Cash Flow Statement →Free cash flow vs peers (Technology)
About Free Cash Flow & Methodology
AST SpaceMobile, Inc. (ASTS) reported free cash flow of −$1.14B for FY2025 (fiscal year ending 2025-12-31), down 278.4% year-over-year.
AST SpaceMobile, Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 8 fiscal years.
Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.
Frequently asked questions
ASTS free cash flow · 8 questionsAST SpaceMobile, Inc. free cash flow was −$1.14B for FY2025, down 278.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$1.30B.
▸ Source: FMP /cash-flow-statement · US GAAP · AST SpaceMobile, Inc. · AST SpaceMobile, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026