Company / R&D Expense
AST SpaceMobile, Inc. R&D Expense History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$28.8M
FY2024
5-year range
$1.0M / $47.5M
FY2020-FY2024
Trend
-39.4%
vs FY2023
Sector context
#24 of 27
Communication Services
What the data says
AST SpaceMobile, Inc.'s r&d expense of $29M is lower than 89% of companies in the Communication Services sector (FY2024). Declined from $46M to $29M over the past 2 years.
Based on SEC 10-K filings.
$29M in FY2024 with a 3-year CAGR of +7.1%.
Declined from $46M to $29M over the past 2 years.
Communication Services sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +7.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in Communication ServicesTop 89% of 27This company $28.8M Sector average $4.7B
▼
-99.4% below sector average
Key checks
Key Insights
- 3-year CAGR of +7.1%, indicating consistent growth.
- In FY2024, r&d expense decreased 39.4% year-over-year.
- Ranks #24 out of 27 companies in the Communication Services sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.95 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $28.8M | -39.4% |
| FY2023 | $47.5M | +4.1% |
| FY2022 | $45.6M | +94.6% |
| FY2021 | $23.4M | +2218.5% |
| FY2020 | $1.0M | - |
| FY2019 | - | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026