AST SpaceMobile, Inc. stock research
FY2023 Q1
AST SpaceMobile (ASTS) Gross Margin & Quarterly History
Explore AST SpaceMobile, Inc. (ASTS) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue was reported for the current quarter, but gross profit was zero, resulting in a gross margin of zero. The relationship between revenue and cost of revenue led to this outcome.
- The strongest observable driver of gross margin was the zero cost of revenue, which combined with revenue to produce no gross profit.
- Compared to the immediately preceding quarter, revenue was higher but gross profit remained at zero, resulting in a stable gross margin. Compared to the same quarter one year earlier, revenue was the same but gross profit was lower, leading to a weakened gross margin.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
0.0%
Gross profit
$0
Revenue
$2.4M
Cost of revenue
$0
Quarter-over-quarter change
n/a
Year-over-year change
-17.0 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2023 | $2.4M | $0 | $0 | 0.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Previous quarter unavailable
n/a
Year-over-year change
Mar 31, 2022
-17.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver of gross margin was the zero cost of revenue, which combined with revenue to produce no gross profit.
Compared to the immediately preceding quarter, revenue was higher but gross profit remained at zero, resulting in a stable gross margin. Compared to the same quarter one year earlier, revenue was the same but gross profit was lower, leading to a weakened gross margin.
Monitor the reported cost of revenue in future quarters, as its behavior directly affects gross margin.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| AST SpaceMobile, Inc. (ASTS) | 0.0% |
| Rocket Lab Corporation (RKLB) | 38.2% |