AST SpaceMobile (ASTS) Revenue & Quarterly History
Explore AST SpaceMobile, Inc. (ASTS) revenue from 2023 through the latest reported quarter, with SEC-sourced comparisons and filing-constrained analysis.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined sharply during the quarter, continuing a pattern of periodic fluctuations. The latest result was significantly lower than both the prior quarter and the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$500K
Revenue reported for this quarter.
Quarter-over-quarter
-79.1%
Change from the immediately preceding quarter.
Year-over-year
-79.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.1M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $4.2M | +70.1% |
| Dec 31, 2022 | $0 | -100.0% |
| Mar 31, 2023 | $2.4M | +0.0% |
| Mar 31, 2024 | $500K | -79.1% |
Revenue performance
The company reported revenue that fell substantially compared with the immediately preceding three-month period, marking another quarter of notable contraction.
Quarterly comparison
Revenue was down compared with both the previous quarter and the same quarter one year earlier, reflecting a continued downward shift from earlier levels.
What to watch
Monitor whether the company can stabilize revenue in upcoming quarters given the volatile trend of recent periodic swings.