ASTS AST SpaceMobile, Inc. - Class A Common Stock
$64.48
Price · Aug 19, 2026
Fundamentals as of Aug 10, 2026
52W Range
$36–$134
29% of range
Analyst Rating
BUY
20 analysts
Price Target
$78
+22% upside
P/E (TTM)
—
ROE
-19.3%
Net Profit Margin
-482.2%
ASTS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$64.48
Market Cap
—
P/E (TTM)
—
EPS (TTM)
—
Revenue (TTM)
$71M
Div Yield
—
ROE
-19.3%
Debt/Equity
0.9
52W Range
$36 – $134
ASTS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$71M
2020-12-31
→
2025-12-31
EPS
—
Free Cash Flow
$-1.14B
2023-12-31
→
2025-12-31
Margins
-482.2%
2023-12-31
→
2023-12-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
ASTS
Peer Median
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
ASTS
Peer Median
Net Profit Margin
-482.2%
-14.3%
ROA
-11.5%
-4.1%
ROE
-19.3%
-24.2%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
ASTS
Peer Median
Debt / Equity
0.9
—
Current Ratio
16.4
1.7
Quick Ratio
29.1
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
ASTS
Peer Median
Revenue YoY
1505.2%
—
Revenue CAGR 3Y
72.5%
—
Revenue CAGR 5Y
64.1%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
ASTS
Peer Median
ASTS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
20 analysts
- Strong Buy 2 10.0%
- Buy 9 45.0%
- Hold 7 35.0%
- Sell 2 10.0%
- Strong Sell 0 0.0%
12-Month Price Target
11 analysts · 2026-08-16
Median
$80.00
Now
$64.48
Low
$42.50
High
$108.00
Median target
$80.00
+24.1%
Mean target
$78.48
+21.7%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.18%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.44 | $-0.29 | -0.15% |
| March 31, 2026 | $-0.66 | $-0.23 | -0.43% |
| Dec. 31, 2025 | $-0.26 | $-0.16 | -0.10% |
| Sept. 30, 2025 | $-0.45 | $-0.23 | -0.22% |
| June 30, 2025 | $-0.41 | $-0.21 | -0.20% |
| March 31, 2025 | $-0.20 | $-0.20 | -0.00% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| ASTS | — | — | 1505.2% | -482.2% | -19.3% | — |
| GSAT | $7.82B | -406.9 | 9.0% | -3.2% | -2.4% | — |
| LUMN | $7.97B | -4.4 | -5.4% | -14.0% | 532.6% | — |
| IRDM | $1.82B | 16.4 | 4.9% | 13.1% | 24.4% | — |
| BAND | — | -35.9 | 0.71% | -1.7% | -3.3% | 39.1% |
| ATEX | $722M | 7.9 | 7.8% | 1394.2% | 36.1% | — |
| LILA | — | -2.4 | -0.10% | -13.8% | -74.4% | — |
| CCOI | $1.08B | -5.7 | -5.8% | -18.7% | 2120.8% | — |
| ELWT | — | -6.3 | 154.5% | -19.6% | 608.8% | 18.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $71M | $4M | $0 | $14M | $12M | $6M | |
| Cost of Revenue | · | · | $0 | $7M | $8M | $3M | |
| Gross Profit | · | · | $0 | $7M | $5M | $3M | |
| R&D Expense | $28M | $29M | $47M | $46M | $23M | $1M | |
| SG&A Expense | $102M | $62M | $42M | $48M | $36M | $12M | |
| Operating Expenses | $359M | $247M | $222M | $160M | $92M | $27M | |
| Operating Income | · | · | · | · | · | $-1M | |
| Interest Income | · | · | · | · | · | $500.6K | |
| Other Non-op | $-169M | $-282M | $1M | $43M | $14M | $83.0K | |
| Pretax Income | $-457M | $-525M | $-221M | $-102M | $-73M | $-24M | |
| Income Tax | $4M | $1M | $2M | $617.0K | $331.0K | $131.0K | |
| Net Income | $-342M | $-300M | $-88M | $-32M | $-31M | $-24M | |
| Shares (Basic) | 255,982,592 | 154,501,344 | 81,824,122 | · | · | · | |
| Shares (Diluted) | 255,982,592 | 154,501,344 | 81,824,122 | · | · | · | |
| EBITDA | $51M | $63M | $54M | · | · | $-1M |
Balance Sheet 28
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.34B | $565M | $86M | $239M | $322M | $43M | |
| Short-term Investments | $2.00B | $510M | $70M | $231M | $315M | · | |
| Receivables | $38M | $1M | · | $0 | $2M | $2M | |
| Inventory | $12M | $1M | · | $0 | $1M | $3M | |
| Prepaid Expense | $12M | $8M | $5M | $4M | $3M | $1M | |
| Other Current Assets | $60M | $22M | $14M | $25M | $5M | $2M | |
| Current Assets | $2.46B | $600M | $107M | $268M | $336M | $51M | |
| PP&E (Net) | $1.40B | $338M | $238M | $146M | $96M | $37M | |
| PP&E (Gross) | · | · | $300M | $153M | $25M | $11M | |
| Accum. Depreciation | $174M | $122M | $61M | $7M | $4M | $915.0K | |
| Goodwill | · | · | · | $0 | $4M | $4M | |
| Intangibles | · | · | · | · | $242.0K | $526.0K | |
| Other Non-current Assets | · | · | · | $24M | $12M | $12M | |
| Total Assets | $5.01B | $955M | $361M | $438M | $444M | $100M | |
| Accounts Payable | $47M | $17M | $21M | $14M | $7M | $5M | |
| Accrued Liabilities | $13M | $296.0K | · | · | · | · | |
| Current Liabilities | $150M | $76M | $46M | $28M | $21M | $13M | |
| Capital Leases | $17M | $13M | $12M | $7M | $8M | $7M | |
| Deferred Tax | · | · | · | · | · | $9.7K | |
| Other Non-current Liabilities | $32M | $0 | · | · | · | · | |
| Total Liabilities | $2.62B | $285M | $147M | $79M | $92M | $20M | |
| Long-term Debt | $2.22B | $158M | $60M | $5M | $5M | · | |
| Total Debt | $2.22B | $158M | $60M | · | · | · | |
| Paid-in Capital | $2.67B | $969M | $288M | $235M | $171M | · | |
| Retained Earnings | $-832M | $-490M | $-190M | $-102M | $-70M | $-40M | |
| AOCI | $1M | $-176.0K | $227.0K | $229.0K | $-433.0K | $-168.0K | |
| Stockholders' Equity | $2.39B | $669M | $214M | $360M | $352M | $80M | |
| Liabilities + Equity | $5.01B | $955M | $361M | $438M | $444M | $100M |
Cash Flow 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| D&A | $51M | $63M | $54M | $5M | $3M | $887.0K | |
| Stock-based Comp | $47M | $32M | $13M | $9M | $4M | $283.0K | |
| Deferred Tax | $-3M | $-669.0K | $-895.0K | $0 | $0 | $0 | |
| Amort. of Intangibles | · | · | · | · | $224.0K | $217.0K | |
| Other Non-cash | $174M | $79M | $-128M | · | · | · | |
| Operating Cash Flow | $-72M | $-126M | $-149M | $-156M | $-80M | $-23M | |
| CapEx | $1.06B | $174M | $119M | $57M | $15M | $8M | |
| Investing Cash Flow | $-1.54B | $-174M | $-119M | $-31M | $-55M | $-30M | |
| Stock Issued | $1.30B | $552M | $65M | $105M | $0 | · | |
| Net Stock Activity | $1.30B | $552M | $64M | · | · | · | |
| Financing Cash Flow | $3.83B | $780M | $117M | $102M | $417M | $70M | |
| Net Change in Cash | $2.21B | $479M | $-151M | $-85M | $282M | $16M | |
| Taxes Paid | $7M | $2M | $492.0K | $684.0K | $186.0K | $134.0K | |
| Free Cash Flow | $-1.14B | $-300M | $-268M | · | · | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | · | · | 0.00% | · | · | · | |
| Net Margin | -482.2% | -6820.1% | -3273.3% | · | · | · | |
| Pretax Margin | -644.6% | -11931.9% | -8261.5% | · | · | · | |
| EBITDA Margin | 72.1% | 1439.5% | 2036.2% | · | · | · | |
| ROA | -11.5% | -45.6% | -21.9% | · | · | -22.4% | |
| ROE | -19.3% | -51.2% | -35.0% | · | · | -111.2% | |
| ROIC | · | · | · | · | · | -22.6% |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 16.4 | 7.9 | 2.3 | · | · | 0.3 | |
| Quick Ratio | 29.1 | 14.2 | 3.4 | · | · | 0.2 | |
| Debt / Equity | 0.9 | 0.2 | 0.3 | · | · | · | |
| LT Debt / Equity | 0.9 | 0.2 | 0.3 | · | · | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | 0.0 | · | · | · | |
| Receivables Turnover | 3.6 | · | · | · | · | · |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue YoY | 1505.2% | · | · | 11.5% | 107.9% | · | |
| Revenue CAGR 3Y | 72.5% | -29.1% | · | · | · | · | |
| Revenue CAGR 5Y | 64.1% | · | · | · | · | · |
Valuation (TTM) 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $71M | $4M | $0 | $14M | $12M | $6M | |
| Net Income TTM | $-342M | $-300M | $-88M | $-32M | $-31M | $-24M |
Income Statement 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32M | $15M | $54M | $15M | $1M | $718.0K | $2M | $1M | $900.0K | $500.0K | · | · | · | $2M | · | $4M | |
| Cost of Revenue | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | · | $3M | |
| Gross Profit | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | · | $2M | |
| R&D Expense | $8M | $7M | $9M | $6M | $6M | $7M | $5M | $15M | $4M | $4M | $11M | $9M | $11M | $16M | $15M | $14M | |
| SG&A Expense | $64M | $44M | $26M | $30M | $27M | $18M | $16M | $16M | $18M | $12M | $11M | $11M | $10M | $10M | $11M | $13M | |
| Operating Expenses | $329M | $164M | $127M | $94M | $74M | $64M | $61M | $67M | $64M | $56M | $61M | $59M | $58M | $44M | $49M | $42M | |
| Other Non-op | $-1M | $-99M | $-23M | $-84M | $-62M | $-497.0K | $7M | $-237M | $-68M | $16M | $-14M | $8M | $8M | $-646.0K | $17M | $9M | |
| Pretax Income | $-299M | $-248M | $-95M | $-163M | $-135M | $-63M | $-52M | $-302M | $-131M | $-40M | $-75M | $-50M | $-50M | $-45M | $-25M | $-32M | |
| Income Tax | $1M | $1M | $3M | $374.0K | $742.0K | $168.0K | $157.0K | $646.0K | $231.0K | $294.0K | $2M | $266.0K | $-789.0K | $116.0K | $1M | $-550.0K | |
| Net Income | $-231M | $-191M | $-74M | $-123M | $-99M | $-46M | $-36M | $-172M | $-73M | $-20M | $-32M | $-21M | $-18M | $-16M | $-8M | $-10M | |
| EPS (Basic) | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $-0.18 | |
| EPS (Diluted) | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $-0.18 | |
| Shares (Basic) | 299,061,662 | 290,689,457 | 9,492,532 | 272,831,168 | 241,985,507 | 223,974,396 | 15,016,308 | 155,644,888 | 141,185,500 | · | · | · | · | · | · | 53,233,552 | |
| Shares (Diluted) | 299,061,662 | 290,689,457 | 9,492,532 | 272,831,168 | 241,985,507 | 223,974,396 | 15,016,308 | 155,644,888 | 141,185,500 | · | · | · | · | · | · | 53,233,552 | |
| EBITDA | · | $18M | · | · | · | $11M | · | · | · | $20M | · | · | · | $2M | · | · |
Balance Sheet 26
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.29B | $3.03B | $2.34B | $1.20B | $924M | $874M | $565M | $516M | $285M | $210M | · | $133M | $191M | $185M | · | $199M | |
| Short-term Investments | $2.30B | $2.80B | $2.00B | $1.18B | $792M | $854M | $510M | $430M | $259M | $199M | · | $118M | $182M | $178M | · | $192M | |
| Receivables | $79M | $27M | $38M | $11M | · | · | $1M | · | · | · | · | · | · | · | · | $0 | |
| Inventory | $28M | $17M | $12M | $11M | · | · | $1M | · | · | · | · | · | · | · | · | $0 | |
| Prepaid Expense | $17M | $11M | $12M | $9M | $10M | $6M | $8M | $7M | $7M | $5M | · | $6M | $7M | $3M | · | $6M | |
| Other Current Assets | $75M | $67M | $60M | $25M | $24M | $14M | $22M | $20M | $20M | $22M | · | $21M | $23M | $38M | · | $20M | |
| Current Assets | $2.49B | $3.15B | $2.46B | $1.28B | $973M | $895M | $600M | $546M | $315M | $240M | · | $163M | $222M | $227M | · | $225M | |
| PP&E (Net) | $2.07B | $1.64B | $1.40B | $1.01B | $762M | $451M | $338M | $260M | $248M | $245M | · | $224M | $172M | $159M | · | $136M | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | · | · | · | $266M | $194M | $51M | · | $30M | |
| Accum. Depreciation | $212M | $191M | $174M | $158M | $145M | $133M | $122M | $114M | $99M | $81M | · | $42M | $23M | $8M | · | $6M | |
| Goodwill | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Other Non-current Assets | · | · | · | · | · | · | · | · | · | · | · | $15M | $15M | $15M | · | $25M | |
| Total Assets | $5.85B | $6.05B | $5.01B | $2.55B | $1.88B | $1.37B | $955M | $822M | $580M | $502M | · | $402M | $408M | $401M | · | $386M | |
| Accounts Payable | $61M | $61M | $47M | $51M | $23M | $11M | $17M | $9M | $12M | $15M | · | $8M | $5M | $11M | · | $10M | |
| Accrued Liabilities | $27M | $13M | $13M | $3M | $8M | $4M | $296.0K | · | · | · | · | · | · | · | · | · | |
| Current Liabilities | $191M | $171M | $150M | $134M | $118M | $84M | $76M | $94M | $49M | $32M | · | $27M | $31M | $36M | · | $21M | |
| Capital Leases | $18M | $17M | $17M | $14M | $13M | $12M | $13M | $11M | $11M | $11M | · | $12M | $12M | $12M | · | $7M | |
| Other Non-current Liabilities | $33M | $32M | $32M | $32M | · | · | $0 | · | · | · | · | · | · | · | · | · | |
| Total Liabilities | $3.46B | $3.39B | $2.62B | $925M | $724M | $603M | $285M | $319M | $338M | $216M | · | $115M | $73M | $84M | · | $90M | |
| Long-term Debt | $2.97B | $2.97B | $2.22B | $707M | $490M | $466M | $158M | $201M | $200M | $161M | · | $59M | $5M | $5M | · | $5M | |
| Total Debt | $2.97B | $2.97B | · | $707M | · | $466M | · | $201M | $200M | $161M | · | $59M | $5M | $5M | · | $5M | |
| Paid-in Capital | $3.15B | $3.10B | $2.67B | $2.00B | $1.50B | $1.10B | $969M | $762M | $427M | $374M | · | $286M | $283M | $237M | · | $185M | |
| Retained Earnings | $-1.25B | $-1.02B | $-832M | $-758M | $-635M | $-535M | $-490M | $-454M | $-282M | $-209M | · | $-158M | $-137M | $-118M | · | $-94M | |
| AOCI | $2M | $1M | $1M | $1M | $1M | $98.0K | $-176.0K | $353.0K | $52.0K | $121.0K | · | $11.0K | $158.0K | $183.0K | · | $-271.0K | |
| Stockholders' Equity | $2.40B | $2.66B | $2.39B | $1.63B | $1.16B | $767M | $669M | $503M | $242M | $286M | $214M | $287M | $336M | $317M | $360M | $297M | |
| Liabilities + Equity | $5.85B | $6.05B | $5.01B | $2.55B | $1.88B | $1.37B | $955M | $822M | $580M | $502M | · | $402M | $408M | $401M | · | $386M |
Cash Flow 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $21M | $18M | $16M | $13M | $12M | $11M | $8M | $15M | $20M | $20M | $20M | $19M | $14M | $2M | $1M | $1M | |
| Stock-based Comp | $63M | $55M | $15M | $14M | $11M | $8M | $11M | $7M | $9M | $5M | $3M | $3M | $6M | $2M | $2M | $2M | |
| Other Non-cash | · | $70M | · | · | · | $-2M | · | · | · | $-53M | · | · | · | $-26M | · | · | |
| Operating Cash Flow | $-97M | $-48M | $65M | $-64M | $-43M | $-29M | $-28M | $-33M | $-16M | $-48M | $-25M | $-36M | $-50M | $-38M | $-35M | $-33M | |
| CapEx | $598M | $262M | $396M | $238M | $310M | $120M | $82M | $30M | $22M | $40M | $22M | $73M | $8M | $15M | $11M | $34M | |
| Investing Cash Flow | $-600M | $-379M | $-844M | $-266M | $-310M | $-120M | $-82M | $-30M | $-22M | $-40M | $-22M | $-73M | $-8M | $-15M | $-12M | $14M | |
| Stock Issued | $5M | $81M | $719M | $114M | $407M | $56M | $213M | $149M | $82M | $108M | $-364.0K | $1M | $64M | $0 | $88M | $17M | |
| Net Stock Activity | · | $81M | · | · | · | $56M | · | · | · | $108M | · | · | · | · | · | · | |
| Financing Cash Flow | $-37M | $1.11B | $2.34B | $611M | $420M | $456M | $160M | $295M | $114M | $212M | $-636.0K | $54M | $64M | $36.0K | $85M | $17M | |
| Net Change in Cash | $-736M | $679M | $1.56B | $281M | $65M | $307M | $49M | $231M | $75M | $124M | $-48M | $-56M | $6M | $-54M | $40M | $-3M | |
| Taxes Paid | $1M | $1M | $5M | $339.0K | $623.0K | $700.0K | $534.0K | $233.0K | $192.0K | $710.0K | $-18.0K | $140.0K | $88.0K | $282.0K | · | · | |
| Free Cash Flow | · | $-310M | · | · | · | $-149M | · | · | · | $-88M | · | · | · | $-53M | · | · |
Profitability 6
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | · | · | · | · | · | · | · | · | · | · | · | · | · | 0.00% | · | 39.4% | |
| Net Margin | -732.6% | -1296.3% | · | -833.7% | · | -6365.7% | · | -15631.5% | -8061.1% | -3946.0% | · | · | · | -681.6% | · | -234.3% | |
| Pretax Margin | -948.0% | -1685.9% | · | -1109.0% | · | -8838.4% | · | -27494.0% | -14568.8% | -7902.0% | · | · | · | -1883.9% | · | -755.8% | |
| EBITDA Margin | · | 119.5% | · | · | · | 1526.2% | · | · | · | 3989.0% | · | · | · | 72.4% | · | · | |
| ROA | -6.0% | -5.1% | · | -7.3% | · | -4.9% | · | -28.1% | -14.7% | -4.4% | · | -5.3% | -4.6% | -4.0% | · | -2.3% | |
| ROE | -13.0% | -11.2% | · | -11.5% | · | -8.7% | · | -43.5% | -25.1% | -6.6% | · | -7.2% | -5.7% | -5.2% | · | -3.0% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 13.1 | 18.5 | · | 9.6 | · | 10.6 | · | 5.8 | 6.4 | 7.5 | · | 6.1 | 7.2 | 6.4 | · | 10.6 | |
| Quick Ratio | 24.4 | 34.3 | · | 17.9 | · | 20.5 | · | 10.1 | 11.0 | 12.8 | · | 9.4 | 12.2 | 10.2 | · | 18.4 | |
| Debt / Equity | 1.2 | 1.1 | · | 0.4 | · | 0.6 | · | 0.4 | 0.8 | 0.6 | · | 0.2 | 0.0 | 0.0 | · | 0.0 | |
| LT Debt / Equity | 1.2 | 1.1 | · | 0.4 | · | 0.6 | · | 0.3 | 0.8 | 0.6 | · | 0.2 | 0.0 | 0.0 | · | 0.0 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | · | 0.0 | · | 0.0 | 0.0 | 0.0 | · | · | · | 0.0 | · | 0.0 | |
| Inventory Turnover | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | 1.9 | |
| Receivables Turnover | 0.8 | 1.0 | · | 2.6 | · | · | · | · | · | · | · | · | · | · | · | 6.5 |
Valuation (TTM) 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $62M | $31M | · | $18M | $4M | $3M | · | · | · | · | · | $16M | $16M | $16M | · | $16M | |
| Net Income TTM | $-644M | $-459M | · | $-440M | $-390M | $-310M | · | $-285M | $-132M | $-75M | · | $-65M | $-47M | $-40M | · | $-19M |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $71M | $4M | $0 | $14M | $12M |
| Gross Margin % | — | — | 0.00% | — | — |
| Net Income | $-342M | $-300M | $-88M | $-32M | $-31M |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.9 | 0.2 | 0.3 | — | — |
| Current Ratio | 16.4 | 7.9 | 2.3 | — | — |
| Quick Ratio | 29.1 | 14.2 | 3.4 | — | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-1.14B | $-300M | $-268M | — | — |
Latest News Recent headlines mentioning this company
- Should You Buy AST SpaceMobile Stock Below $63?
- AST SpaceMobile Stock Is Down 50% From Highs, and Just Raised $1 Billion to Shore Up Its Satellite Internet Plans. Here's Why I Am Still Not Buying Shares.
- AST SpaceMobile: Shares Sink 17% After Pricing a $1 Billion Convertible-Note Offering, But Dilution Risk Is Smaller Than It Looks (NASDAQ:ASTS)
- Retail Investors Are Buying This Space Stock, and It’s Not SpaceX (SPCX)
- Stock Market Today, June 29: AST SpaceMobile Rises on BlueBird Satellite Momentum
- 3 Powerful Space Stocks That Could Benefit From SpaceX Dominance
- Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential
- AST SpaceMobile Shares Rise on Successful Bluebird Satellite Launches. What This Means for ASTS Stock.
- 3 Powerful Space Stocks With Massive Long-Term Upside
- Stock Market Today, June 12: AST SpaceMobile Drops on Space Stock Shakeout After SpaceX Debut
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Institutional owners (13F) 877 filers · $14.8B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 209 (-19 vs prior Q) | 98 (+52 vs prior Q) | 370 (+122 vs prior Q) | 153 (-35 vs prior Q) | +30.0M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,395,821,766 | 15,708,100 | 9.45% | Call option |
| Rakuten Group, Inc. | $1,378,225,531 | 15,510,078 | 9.33% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,184,553,384 | 13,330,558 | 8.02% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,112,115,156 | 12,515,363 | 7.53% | Shares |
| Alphabet Inc. | $794,718,166 | 8,943,486 | 5.38% | Shares |
| STATE STREET CORP | $580,597,644 | 6,533,847 | 3.93% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $492,808,674 | 5,545,900 | 3.34% | Put option |
| Vodafone Ventures Ltd | $486,219,083 | 5,471,743 | 3.29% | Shares |
| JANE STREET GROUP, LLC | $442,718,292 | 4,982,200 | 3.00% | Call option |
| JANE STREET GROUP, LLC | $418,335,108 | 4,707,800 | 2.83% | Put option |
| GEODE CAPITAL MANAGEMENT, LLC | $393,537,847 | 4,434,497 | 2.66% | Shares |
| GOLDMAN SACHS GROUP INC | $353,334,018 | 3,976,300 | 2.39% | Put option |
| GOLDMAN SACHS GROUP INC | $307,398,613 | 3,459,359 | 2.08% | Shares |
| NORGES BANK | $296,288,208 | 3,334,326 | 2.01% | Shares |
| Clear Street Group Inc. | $214,619,026 | 2,415,249 | 1.45% | Shares |
| UBS Group AG | $186,663,315 | 2,100,645 | 1.26% | Call option |
| CITIGROUP INC | $164,391,000 | 1,850,000 | 1.11% | Put option |
| BARCLAYS PLC | $155,611,632 | 1,751,200 | 1.05% | Put option |
| VANGUARD FIDUCIARY TRUST CO | $150,620,099 | 1,695,027 | 1.02% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $145,769,321 | 1,640,438 | 0.99% | Shares |
| Broad Run Investment Management, LLC | $129,377,405 | 1,455,969 | 0.88% | Shares |
| Focus Partners Wealth | $113,503,978 | 1,277,334 | 0.77% | Shares |
| D. E. Shaw & Co., Inc. | $112,718,910 | 1,268,500 | 0.76% | Call option |
| HSBC HOLDINGS PLC | $107,028,000 | 1,200,000 | 0.72% | Call option |
| BNP PARIBAS FINANCIAL MARKETS | $96,778,048 | 1,089,107 | 0.66% | Shares |
| Caption Management, LLC | $92,414,400 | 1,040,000 | 0.63% | Call option |
| FIRST TRUST ADVISORS LP | $86,170,385 | 969,732 | 0.58% | Shares |
| Mirae Asset Global Investments Co., Ltd. | $83,450,470 | 939,123 | 0.56% | Shares |
| BARCLAYS PLC | $82,195,500 | 925,000 | 0.56% | Call option |
| IMC-Chicago, LLC | $74,286,960 | 836,000 | 0.50% | Shares |
| ONCE CAPITAL MANAGEMENT, LLC | $72,554,190 | 816,500 | 0.49% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $72,491,988 | 815,800 | 0.49% | Put option |
| Gotham Asset Management, LLC | $69,528,152 | 782,446 | 0.47% | Shares |
| Walleye Trading LLC | $69,381,888 | 780,800 | 0.47% | Put option |
| NEUBERGER BERMAN GROUP LLC | $69,301,469 | 779,895 | 0.47% | Shares |
| Walleye Trading LLC | $69,061,992 | 777,200 | 0.47% | Call option |
| Marex Group Ltd | $68,830,956 | 774,600 | 0.47% | Call option |
| WOLVERINE TRADING, LLC | $64,752,072 | 1,325,800 | 0.44% | Call option |
| Swiss National Bank | $59,616,174 | 670,900 | 0.40% | Shares |
| UBS Group AG | $58,007,808 | 652,800 | 0.39% | Shares |
| FMR LLC | $49,651,680 | 558,763 | 0.34% | Shares |
| OPPENHEIMER & CO INC | $45,903,299 | 516,580 | 0.31% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $45,602,241 | 513,192 | 0.31% | Shares |
| MASTERS CAPITAL MANAGEMENT LLC | $44,430,000 | 500,000 | 0.30% | Shares |
| WOLVERINE TRADING, LLC | $43,614,120 | 893,000 | 0.30% | Put option |
| Defiance ETFs, LLC | $40,602,780 | 471,577 | 0.27% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $40,569,922 | 456,560 | 0.27% | Shares |
| Marex Group Ltd | $39,012,917 | 439,038 | 0.26% | Shares |
| California Public Employees Retirement System | $37,048,755 | 416,934 | 0.25% | Shares |
| IHT Wealth Management, LLC | $35,968,397 | 404,776 | 0.24% | Shares |
| LPL Financial LLC | $35,552,975 | 400,101 | 0.24% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $35,518,053 | 399,708 | 0.24% | Shares |
| HighTower Advisors, LLC | $34,065,979 | 383,367 | 0.23% | Shares |
| BlackRock, Inc. | $33,553,625 | 377,601 | 0.23% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $31,163,824 | 350,707 | 0.21% | Shares |
| Quantinno Capital Management LP | $28,999,115 | 326,346 | 0.20% | Shares |
| STIFEL FINANCIAL CORP | $28,946,640 | 325,749 | 0.20% | Shares |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $26,983,494 | 303,663 | 0.18% | Shares |
| RHUMBLINE ADVISERS | $26,532,294 | 298,586 | 0.18% | Shares |
| RAYMOND JAMES FINANCIAL INC | $26,462,419 | 297,799 | 0.18% | Shares |
| Cubist Systematic Strategies, LLC | $26,400,132 | 537,900 | 0.18% | Call option |
| SCOTIA CAPITAL INC. | $25,820,623 | 290,537 | 0.17% | Shares |
| D. E. Shaw & Co., Inc. | $25,395,833 | 285,796 | 0.17% | Shares |
| Jain Global LLC | $24,559,749 | 276,387 | 0.17% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $24,315,562 | 273,639 | 0.16% | Shares |
| WS MANAGEMENT LLLP | $23,992,200 | 270,000 | 0.16% | Put option |
| Savvy Advisors, Inc. | $23,578,912 | 265,349 | 0.16% | Shares |
| NOMURA HOLDINGS INC | $23,375,245 | 263,057 | 0.16% | Shares |
| HSBC HOLDINGS PLC | $22,975,344 | 257,600 | 0.16% | Put option |
| Cetera Investment Advisers | $22,945,182 | 258,217 | 0.16% | Shares |
| Vanguard Investments Australia, Ltd. | $21,850,852 | 245,902 | 0.15% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $21,685,090 | 261,676 | 0.15% | Shares |
| BANK OF AMERICA CORP /DE/ | $20,566,203 | 231,445 | 0.14% | Shares |
| TUDOR INVESTMENT CORP ET AL | $20,313,396 | 228,600 | 0.14% | Put option |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $20,046,727 | 225,599 | 0.14% | Shares |
| Sender Co & Partners, Inc. | $18,804,375 | 211,618 | 0.13% | Shares |
| Key Colony Management, LLC | $18,405,000 | 375,000 | 0.12% | Shares |
| D. E. Shaw & Co., Inc. | $18,216,300 | 205,000 | 0.12% | Put option |
| United Capital Management of KS, Inc. | $17,764,713 | 199,918 | 0.12% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $17,114,436 | 192,600 | 0.12% | Shares |
| BARCLAYS PLC | $17,008,871 | 191,412 | 0.12% | Shares |
| Calamos Advisors LLC | $16,963,463 | 190,901 | 0.11% | Shares |
| COMMERCE BANK | $16,431,102 | 184,910 | 0.11% | Shares |
| NISSAY ASSET MANAGEMENT CORP /JAPAN | $16,388,450 | 184,430 | 0.11% | Shares |
| AVIVA PLC | $15,957,568 | 179,581 | 0.11% | Shares |
| Raiffeisen Bank International AG | $15,751,445 | 181,531 | 0.11% | Shares |
| Dynamic Advisor Solutions LLC | $15,192,839 | 170,975 | 0.10% | Shares |
| Nokomis Capital, L.L.C. | $14,795,190 | 166,500 | 0.10% | Put option |
| TUDOR INVESTMENT CORP ET AL | $14,395,320 | 162,000 | 0.10% | Call option |
| Cubist Systematic Strategies, LLC | $14,341,176 | 292,200 | 0.10% | Put option |
| VANGUARD GROUP INC | $13,753,289 | 189,361 | 0.09% | Shares |
| DNB Asset Management AS | $13,445,940 | 151,316 | 0.09% | Shares |
| MILLENNIUM MANAGEMENT LLC | $13,426,746 | 151,100 | 0.09% | Put option |
| BNP PARIBAS FINANCIAL MARKETS | $13,329,000 | 1,500 | 0.09% | Call option |
| Privium Fund Management B.V. | $12,884,700 | 145,000 | 0.09% | Shares |
| MACQUARIE GROUP LTD | $12,841,603 | 144,515 | 0.09% | Shares |
| BANK OF MONTREAL /CAN/ | $12,600,348 | 141,800 | 0.09% | Put option |
| NEW YORK STATE COMMON RETIREMENT FUND | $12,170,888 | 136,967 | 0.08% | Shares |
| CANTOR FITZGERALD, L. P. | $12,123,081 | 136,429 | 0.08% | Shares |
| Allianz Asset Management GmbH | $11,916,126 | 134,100 | 0.08% | Put option |
Company insiders 12 insiders · 6 officers · 7 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Abel Avellan | Chief Executive Officer | June 22, 2026 J | 78,542,209 | 0 | 0 | $0 |
| Andrew Martin Johnson | CFO and CLO | Aug. 15, 2026 F | 481,484 | 0 | 1 | $-4,297,342 |
| Scott Wisniewski | President | Aug. 15, 2026 F | 707,443 | 0 | 1 | $-3,280,483 |
| Shanti B. Gupta | Chief Operating Officer | Aug. 15, 2026 F | 399,980 | 0 | 0 | $0 |
| Maya Bernal | Chief Accounting Officer | Aug. 15, 2026 F | 112,449 | 0 | 0 | $0 |
| Huiwen Yao | Chief Technology Officer | June 5, 2026 S | 34,750 | 0 | 1 | $-3,854,800 |
| Adriana Cisneros | Director | June 12, 2026 A | 786,201 | 2 | 0 | $38,092 |
| Johan Wibergh | Director | June 12, 2026 A | 7,527 | 0 | 0 | $0 |
| Richard Sarnoff | Director | June 12, 2026 A | 80,363 | 0 | 0 | $0 |
| Ronald L Rubin | Director | June 12, 2026 A | 73,363 | 0 | 0 | $0 |
| Hiroshi Mikitani | Director | Oct. 10, 2024 D | 31,020,155 | 0 | 0 | $0 |
| Julio A. Torres | — | June 12, 2026 A | 45,363 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 9 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Abel Avellan ×19 filings | June 23, 2026 | 20.80% | Amendment | — | SEC |
| Rakuten Mobile, Inc., Hiroshi Mikitani, Rakuten Group, Inc. ×3 filings | May 5, 2026 | 5.30% | Amendment | — | SEC |
| Vodafone Ventures Ltd, Vodafone Group Plc ×2 filings | Feb. 17, 2026 | 5.00% | Amendment | — | SEC |
| AT&T Inc., AT&T Venture Investments, LLC | Feb. 10, 2025 | 2.70% | Initial filing | Board campaign | SEC |
| Rakuten Mobile USA Service Inc., Rakuten Mobile, Inc., Hiroshi Mikitani ×3 filings | Oct. 10, 2024 | — | Initial filing | M&A / sale | SEC |
| Adriana Cisneros | June 10, 2024 | — | Initial filing | — | SEC |
| Invesat LLC, Antares Technologies LLC, 2014 Scesaplana I Trust, Sequent (North America) LLC, Gustavo A. Cisneros (1), Adriana Cisneros ×2 filings | March 6, 2024 | — | Initial filing | M&A / sale | SEC |
| Vodafone Ventures Limited, Vodafone Group Plc ×2 filings | Jan. 18, 2024 | — | Initial filing | — | SEC |
| Rakuten Mobile Service USA Inc., Rakuten Mobile, Inc., Hiroshi Mikitani | April 16, 2021 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 92 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| UFO · Procure ETF Trust II | 3.53% | 358,087 NS | April 30, 2026 | N-PORT |
| IYZ · iShares Trust | 2.06% | 378,014 SH | Aug. 8, 2026 | Daily |
| TMFX · RBB Fund, Inc. | 1.65% | 4,681 NS | May 31, 2026 | N-PORT |
| EQRR · ProShares Trust | 1.25% | 6,839 NS | May 31, 2026 | N-PORT |
| VOX · VANGUARD WORLD FUND | 1.17% | 789,597 SH | Aug. 8, 2026 | Daily |
| QQQJ · Invesco Exchange-Traded Fund Trust … | 1.04% | 170,402 SH | Aug. 8, 2026 | Daily |
| FDCF · Fidelity Covington Trust | 1.02% | 9,636 NS | May 31, 2026 | N-PORT |
| FCOM · FIDELITY COVINGTON TRUST | 1.00% | 238,533 NS | April 30, 2026 | N-PORT |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.71% | 121,804 NS | April 30, 2026 | N-PORT |
| JSMD · Janus Detroit Street Trust | 0.53% | 70,817 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.52% | 673,759 NS | May 31, 2026 | N-PORT |
| IWP · iShares Trust | 0.46% | 1,389,676 SH | Aug. 8, 2026 | Daily |
| ILDR · First Trust Exchange-Traded Fund VI… | 0.44% | 11,156 NS | May 31, 2026 | N-PORT |
| GXPC · Global X Funds | 0.37% | 3,014 NS | May 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.37% | 74,123 NS | April 30, 2026 | N-PORT |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.35% | 23,055 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.35% | 97,309 NS | April 30, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.35% | 1,879,922 SH | Aug. 8, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.33% | 39,115 SH | Aug. 8, 2026 | Daily |
| GSEW · Goldman Sachs ETF Trust | 0.32% | 49,366 NS | May 31, 2026 | N-PORT |
| TEXN · iShares Trust | 0.30% | 739 SH | Aug. 8, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.29% | 65,227 SH | Aug. 8, 2026 | Daily |
| VOT · VANGUARD INDEX FUNDS | 0.28% | 1,086,469 SH | Aug. 8, 2026 | Daily |
| JMID · Janus Detroit Street Trust | 0.28% | 689 NS | April 30, 2026 | N-PORT |
| FDMO · FIDELITY COVINGTON TRUST | 0.27% | 31,178 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.26% | 2,982,521 SH | Aug. 8, 2026 | Daily |
| IMCG · iShares Trust | 0.24% | 144,765 SH | Aug. 8, 2026 | Daily |
| NFRA · FlexShares Trust | 0.24% | 99,296 NS | April 30, 2026 | N-PORT |
| KNCT · Invesco Exchange-Traded Fund Trust | 0.22% | 4,842 SH | Aug. 8, 2026 | Daily |
| SMLF · iShares Trust | 0.21% | 132,272 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.15% | 3,254,728 SH | Aug. 8, 2026 | Daily |
| SIZE · iShares Trust | 0.14% | 9,061 SH | Aug. 8, 2026 | Daily |
| EUSA · iShares, Inc. | 0.14% | 38,746 SH | Aug. 8, 2026 | Daily |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.13% | 8,790 NS | May 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.12% | 1,043,014 SH | Aug. 8, 2026 | Daily |
| IMCB · iShares Trust | 0.12% | 30,625 SH | Aug. 8, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | 0.12% | 3,075,085 SH | Aug. 8, 2026 | Daily |
| SFY · Tidal Trust I | 0.11% | 6,565 NS | May 31, 2026 | N-PORT |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.11% | 31,061 NS | April 30, 2026 | N-PORT |
| SCHV · SCHWAB STRATEGIC TRUST | 0.09% | 125,465 NS | May 31, 2026 | N-PORT |
| GGUS · Goldman Sachs ETF Trust | 0.09% | 3,500 NS | May 31, 2026 | N-PORT |
| GSLC · Goldman Sachs ETF Trust | 0.08% | 111,821 NS | May 31, 2026 | N-PORT |
| LQAI · Exchange Listed Funds Trust | 0.08% | 23 NS | April 30, 2026 | N-PORT |
| ONEQ · Fidelity Commonwealth Trust | 0.07% | 67,124 NS | May 31, 2026 | N-PORT |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.06% | 380,503 SH | Aug. 8, 2026 | Daily |
| VEGN · ETF Series Solutions | 0.06% | 1,220 NS | April 30, 2026 | N-PORT |
| ILCG · iShares Trust | 0.06% | 26,558 SH | Aug. 8, 2026 | Daily |
| VUG · VANGUARD INDEX FUNDS | 0.05% | 2,253,222 SH | Aug. 8, 2026 | Daily |
| IWF · iShares Trust | 0.05% | 906,095 SH | Aug. 8, 2026 | Daily |
| SCHX · SCHWAB STRATEGIC TRUST | 0.04% | 264,061 NS | May 31, 2026 | N-PORT |