A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 413% last year
Watch out for
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 5.8% to their holdings in the quarter ending June 2026 (525 bought, 238 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$39.46-0.8% that day
Company value
$11.8B
Share price times all shares
Price vs sales
102.4x
No profit over the last year, so this compares value with sales instead
Cash vs value
19%
Cash as a share of company value
Debt vs value
19%
Debt as a share of company value
From ASTS's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$31.5M
Sep '23Tap a barJun '26
Last 12 months: $115.3M. Over 5 years, sales grew about 64% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of ASTS. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$428M
Profit in 5 years$43M
Price these guesses point to$2.15-95% vs $39.46 todayAbout -44% a year, before dividends
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
Forum talk counts mentions of ASTS in popular online stock forums, a slice of the internet rather than all of it. Company lookups show interest in the company itself, which can come from news that isn't about the stock. Attention isn't quality.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/3Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-482.2%
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$1.1B
Revenue
$70.9M
+413.0% vs prior year
5-year growth
+64.1%/yr
revenue, per year
Total debt
$2.2B
Current ratio
16.35x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 10
Revenue
$31.5M
+2626.6% YoY
Free cash flow
-$694.8M
Share count
+23.6%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
1
Normal week
1.9
vs normal
0.5x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+5.8%
Institutions added 5.8% to their holdings. 525 bought, 238 sold. 7 quarters of net buying in a row.
Shares held by institutions172.6M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
384 months
Debt to equityLatest balance sheet: debt compared with what owners have
1.2x · $3.0B debt
Shares outstandingLatest reported
299M
Why elevated risk
Losing money, losses are large next to sales
Debt above equity: 1.24x
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 10
Results filedJul 15
Results filedMay 11
Results filedMar 2
Results filedFeb 11
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days