ASTS vs VSAT
AST SpaceMobile, Inc. and Viasat Inc., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ASTS | VSAT |
|---|---|---|
| Revenue | $70.9M | $4.6B |
| Net income | $-341.9M | $-34.1M |
| Gross margin | · | · |
| Net margin | −650.1% | 0.1% |
| Return on equity | · | −0.7% |
| Diluted EPS | · | −$0.25 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $-1.1B | · |
| Equity | · | $4.7B |
| Net debt / equity | · | 1.01× |
| Current ratio | 16.35× | 2.41× |
| Revenue CAGR 5y | · | 19.3% |
| Profit CAGR 5y | · | · |
VSAT bills 65.4× the revenue of ASTS, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | ASTS | VSAT |
|---|---|---|
| FY2025 | $70.9M | $4.6B |
| FY2024 | $4.4M | $4.5B |
| FY2023 | $0 | $4.3B |
| FY2022 | $13.8M | $2.6B |
| FY2021 | $12.4M | $2.4B |
| FY2020 | $6.0M | $1.9B |
Bottom line
| Fiscal year | ASTS | VSAT |
|---|---|---|
| FY2025 | $-341.9M | $-34.1M |
| FY2024 | $-300.1M | $-575.0M |
| FY2023 | $-87.6M | $-1.1B |
| FY2022 | $-31.6M | $1.1B |
| FY2021 | $-30.6M | $-15.5M |
| FY2020 | $-24.4M | $3.7M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$4,569,362,000 | VSAT |
| FY2024 | −$4,515,153,000 | VSAT |
| FY2023 | −$4,283,758,000 | VSAT |
| FY2022 | −$2,542,333,000 | VSAT |
| FY2021 | −$2,404,774,000 | VSAT |
| FY2020 | −$1,914,911,000 | VSAT |
VSAT has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ASTS's net margin has been more volatile than VSAT's over the 4 comparable fiscal years — 122.8 percentage points of standard deviation against 18.4.
4 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
VSAT led in net margin in every one of the 4 comparable fiscal years — a structural lead, not a recent swing.
4 of 18 comparable fiscal years — a year missing data on either side is not counted.