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 for the quarter declined sharply compared to both the prior quarter and the same quarter last year. The decrease reflects lower reported revenue from the prior period.
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
Revenue fell significantly from the immediately preceding quarter, continuing a downward trend from the same quarter one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue decreased substantially, and it also declined relative to the same quarter a year ago. The filing context does not provide specific reasons for these changes.
What to watch
The company continues to rely on external financing to fund satellite construction and launch costs, as indicated in the liquidity discussion.