AST Spacemobile vs Telephone & Data Systems
Telephone & Data Systems is the larger business, with $1.23bn of revenue in fiscal 2025 against $70.9m for AST Spacemobile (17.3 times as much). AST Spacemobile grew faster (413.0% against -5.3%). Telephone & Data Systems kept more of each dollar of sales as profit: a net margin of -0.5% against -482.2%.
| Latest fiscal year | AST SpacemobileASTS, 2025 | Telephone & Data SystemsTDS, 2025 |
|---|---|---|
| Revenue | $70.9m | $1.23bn |
| Revenue growth | 413.0% | -5.3% |
| Net income | −$342m | −$6.2m |
| Operating margin | — | -7.9% |
| Net margin | -482.2% | -0.5% |
| Return on equity | -22.3% | -0.1% |
| Free cash flow | −$1.14bn | $199m |
| Cash | $2.34bn | $766m |
| Total debt | $2.22bn | $829m |
| Debt to equity | — | 17.3% |
| Dividend per share | — | — |
| Dividend yield | — | 2.1% |
| Share buybacks | — | $108m |
| Employees | 1,126 | 4,000 |
| Market value | $10.86bn | $4.16bn |
| Price vs our value range | — | Below our value range |
| Moat score | 12 (Weak) | 26 (Weak) |
| Insider trades, 12 months | 7 buys, 13 sales | 0 buys, 4 sales |