ASTS
AST SpaceMobile, Inc.
ASTS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
BILL
Bill.com Holdings, Inc.
BILL has the edge over ASTS overall, supported by lower modeled downside and stronger fundamentals.
ASTS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
ASTS's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
BILL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Weak |
BILL's cash flow is currently strong, and its revenue and profitability are stable, but its balance sheet is weak.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
BILL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $54.00 | — |
| Cheap | 99x | $52.67 | -2.5% |
| Fair | 100x | $53.20 | -1.5% |
| Expensive | 101x | $53.73 | -0.5% |
| Current | 102x | $54.00 | — |
Historical ranges are pointers, not guarantees.
BILL's PE is 102x, but its earnings don't support one, so it isn't a reliable read right now.
ASTS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect ASTS's losses to grow, with revenue growing. However, they disagree widely on these estimates.
BILL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Decline | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect BILL's earnings to grow and its profitability to improve, but its revenue to decline.
ASTS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.15 | -$0.91 |
| Q2 2026 | -$2.16 | -$0.27 |
| Q1 2026 | -$1.80 | +$0.19 |
| Q4 2025 | -$1.34 | +$0.61 |
| Q3 2025 | -$1.24 | +$0.88 |
| Q2 2025 | -$1.89 | -$0.64 |
| Q1 2025 | -$1.99 | -$1.01 |
| Q4 2022 | -$0.58 | -$0.21 |
BILL has the stronger earnings trend. Trailing diluted EPS is down 273% for ASTS versus BILL down 67%.
BILL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.07 | +668% |
| Q4 2023 | -$1.07 | +$2.26 |
| Q3 2023 | -$1.59 | +$1.62 |
| Q2 2023 | -$2.11 | +$1.11 |
| Q1 2023 | -$2.78 | +$0.13 |
| Q4 2022 | -$3.33 | -$0.94 |
| Q3 2022 | -$3.21 | -$1.39 |
| Q2 2022 | -$3.22 | -$2.03 |
| Q1 2022 | -$2.91 | -$2.09 |
BILL has returned to profit: it earned $0.53 per share over the past year, after losing money the year before.
ASTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $42.3M | +187% |
| Q2 2026 | $31.5M | +2627% |
| Q1 2026 | $14.7M | +1952% |
| Q4 2025 | $54.3M | +2731% |
| Q3 2025 | $14.7M | +1240% |
| Q2 2025 | $1.2M | +28% |
| Q1 2025 | $718K | +44% |
| Q3 2022 | $4.2M | +70% |
ASTS has the edge over BILL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -415% | +694 points |
| Q2 2026 | -948% | +10744 points |
| Q1 2026 | -1686% | +7083 points |
| Q4 2025 | -175% | +2446 points |
| Q3 2025 | -1109% | +4850 points |
| Q2 2025 | -11692% | -4693 points |
| Q1 2025 | -8769% | +2331 points |
| Q4 2024 | -2621% | N/A |
ASTS's operating margin was −415% last quarter, up 694 points from the same quarter a year ago.
BILL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $353.8M | -11% |
| Q2 2026 | $436.2M | +14% |
| Q1 2026 | $406.6M | +13% |
| Q4 2025 | $414.7M | +14% |
| Q3 2025 | $395.7M | +10% |
| Q2 2025 | $383.3M | +12% |
| Q1 2025 | $358.2M | +11% |
| Q4 2024 | $362.6M | +14% |
BILL's revenue is growing: $354M last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +20 points |
| Q2 2026 | -7.8% | -2 points |
| Q1 2026 | -0.1% | +8 points |
| Q4 2025 | -4.4% | +1.6 points |
| Q3 2025 | -5.2% | -3.1 points |
| Q2 2025 | -5.8% | +0.7 points |
| Q1 2025 | -8.1% | +0.5 points |
| Q4 2024 | -6% | +15 points |
BILL has the edge over ASTS on profitability, with a higher operating margin.
ASTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$464.2M | -$161.4M |
| Q2 2026 | -$694.8M | -$341.1M |
| Q1 2026 | -$309.7M | -$160.7M |
| Q4 2025 | -$330.7M | -$220.3M |
| Q3 2025 | -$302.9M | -$239.1M |
| Q2 2025 | -$353.6M | -$315.3M |
| Q1 2025 | -$149M | -$61.3M |
| Q4 2024 | -$110.5M | -$63.2M |
ASTS has burned cash in almost every quarter: −$1.8B over the past year, against −$916M the year before.
BILL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $96.7M | +1.2% |
| Q2 2026 | $110.6M | +37% |
| Q4 2025 | $103.8M | +32% |
| Q3 2025 | $95.6M | +7.9% |
| Q2 2025 | $81M | +3.3% |
| Q4 2024 | $78.7M | -0.8% |
| Q3 2024 | $88.6M | +66% |
| Q2 2024 | $78.4M | -1.1% |
BILL has the edge over ASTS on cash generation, producing positive trailing cash flow while its opponent burns cash.
ASTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +1.1M shares |
| 1 year | +10% | +27.3M shares |
| 3 years | +235% | +211M shares |
| 5 years | +480% | +248M shares |
| Available history | +944% | +271M shares |
ASTS has 300M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
BILL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +1M shares |
| 1 year | -0.9% | -955K shares |
| 3 years | -4.7% | -5M shares |
| 5 years | +22% | +18.2M shares |
| Available history | +353% | +78.7M shares |
BILL has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $312.2M |
| Q2 2026 | $287.8M |
| Q1 2026 | $56.9M |
| Q4 2025 | $132.7M |
| Q3 2025 | $83.1M |
| Q2 2025 | $30M |
| Q1 2025 | — |
| Q4 2024 | $200M |
BILL spent $790M buying back its own shares over the past year, up 152% from the year before.
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BILL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 29.0x | High |
BILL's net debt is more than 20 years of its operating earnings (EBITDA).
ASTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.1 | Neutral |
| Stochastic | 11.9 | Oversold |
ASTS's weekly RSI is 34 (neutral) and its Stochastic is 12 (oversold).
BILL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.4 | Neutral |
| Stochastic | 81.8 | Overbought |
BILL's weekly RSI is 63 (neutral) and its Stochastic is 82 (overbought).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
BILL PE vs Technology Sector
ASTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.9 | 23% below |
| 20 week MA | $57.1 | 40% below |
| 50 week MA | $75.5 | 54% below |
| 100 week MA | $57.8 | 40% below |
| 200 week MA | $33.6 | 2.8% above |
ASTS has fallen below most of its moving averages, though it's still 2.8% above its 200-week average.
BILL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.0 | 13% above |
| 20 week MA | $46.9 | 15% above |
| 50 week MA | $44.6 | 21% above |
| 100 week MA | $49.0 | 10% above |
| 200 week MA | $63.8 | 15% below |
BILL has the edge over ASTS on trend strength, trading above more of its moving averages.
ASTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.87 | $13.4 | +36% |
| 2021 | $13.4 | $8.71 | -35% |
| 2022 | $8.71 | $3.97 | -54% |
| 2023 | $3.97 | $6.03 | +52% |
| 2024 | $6.03 | $22.9 | +280% |
| 2025 | $22.9 | $72.0 | +214% |
| 2026 YTD | $72.0 | $34.5 | -52% |
ASTS's yearly returns have swung widely, from +280% in 2024 to −54% in 2022. It's down 52% so far in 2026.
BILL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2019 | $39.0 | $38.6 | -1% |
| 2020 | $38.6 | $148.4 | +285% |
| 2021 | $148.4 | $253.4 | +71% |
| 2022 | $253.4 | $103.7 | -59% |
| 2023 | $103.7 | $81.6 | -21% |
| 2024 | $81.6 | $86.9 | +6.6% |
| 2025 | $86.9 | $55.2 | -36% |
| 2026 YTD | $55.2 | $54.0 | -2.2% |
BILL has the edge over ASTS on returns for 2026, with the stronger performance.