AST Spacemobile vs Spok Holdings
Spok Holdings is the larger business, with $140m of revenue in fiscal 2025 against $70.9m for AST Spacemobile (2.0 times as much). AST Spacemobile grew faster (413.0% against 1.5%). Spok Holdings kept more of each dollar of sales as profit: a net margin of 11.4% against -482.2%.
| Latest fiscal year | AST SpacemobileASTS, 2025 | Spok HoldingsSPOK, 2025 |
|---|---|---|
| Revenue | $70.9m | $140m |
| Revenue growth | 413.0% | 1.5% |
| Net income | −$342m | $15.9m |
| Operating margin | — | — |
| Net margin | -482.2% | 11.4% |
| Return on equity | -22.3% | 10.5% |
| Free cash flow | −$1.14bn | $25.2m |
| Cash | $2.34bn | $25.3m |
| Total debt | $2.22bn | $0 |
| Debt to equity | — | — |
| Dividend per share | — | $1.25 |
| Dividend yield | — | 10.8% |
| Share buybacks | — | — |
| Employees | 1,126 | 410 |
| Market value | $11.15bn | $251m |
| Price vs our value range | — | Below our value range |
| Moat score | 12 (Weak) | 60 (Moderate) |
| Insider trades, 12 months | 7 buys, 13 sales | 4 buys, 3 sales |