ASTS
AST SpaceMobile, Inc.
ASTS lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to grow, though they disagree widely on how much.
BTDR
Bitdeer Technologies Group
There isn't enough reported data to score BTDR yet.
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.
BTDR Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Healthy |
BTDR's balance sheet is currently healthy, but its profitability is weak. There isn't enough data to rate its revenue and cash flow.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
BTDR PE Valuation
BTDR has no meaningful PE right now: it lost money over the past year.
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.
BTDR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect BTDR's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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 |
ASTS is still losing money, but far less than before: $2.15 per share over the past year, against $5.76 at its worst in mid-2021.
BTDR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2024 | -$4.36 | -$3.85 |
BTDR and ASTS do not have enough comparable growth data to identify a winner.
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 stronger quarterly revenue trend. Revenue is up 187% for ASTS versus down 32% for BTDR.
| 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.
BTDR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2025 | $225.7M | +3.2% |
| Q4 2024 | $112.3M | -70% |
| Q4 2023 | $368.6M | +11% |
| Q4 2022 | $333.3M | +281% |
| Q4 2021 | $87.5M | +70% |
| Q3 2021 | $87.5M | +70% |
| Q2 2021 | $109.8M | +164% |
| Q1 2021 | $109.8M | +164% |
BTDR's revenue is growing: $226M last quarter, down 32% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2025 | 125% | +143 points |
| Q4 2024 | -512% | -506 points |
| Q2 2024 | -7% | -1.7 points |
| Q4 2023 | -14% | -78 points |
| Q4 2022 | -18% | -82 points |
| Q4 2021 | -5.2% | +26 points |
| Q3 2021 | -5.2% | +26 points |
| Q2 2021 | 64% | +101 points |
BTDR's operating margin was 125% last quarter, up 143 points from the same quarter a year ago, near the top of its range since 2020.
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 the stronger cash trend. Its trailing FCF is down 363% versus its history, compared with BTDR at down 493%.
BTDR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2021 | $198.5K | +$54.8M |
| Q3 2021 | -$150.9K | +$54.5M |
| Q2 2021 | -$445.4K | +$71.5M |
| Q1 2021 | -$12.6M | +$59.3M |
BTDR has burned cash in almost every quarter: −$771M over the past year, against −$194M the year before.
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 | — |
BTDR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.2% | +10.2M shares |
| 1 year | -99% | -12.5B shares |
BTDR has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | $2.6M |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BTDR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | -5.2x | Net Cash |
| Q4 2022 | -34.5x | Net Cash |
| Q4 2021 | -1.5x | Net Cash |
| Q3 2021 | -1.4x | Net Cash |
| Q2 2021 | -0.6x | Net Cash |
| Q1 2021 | -1.0x | Net Cash |
| Q4 2020 | 0.1x | Very low |
BTDR has more cash than debt.
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).
BTDR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.4 | Neutral |
| Stochastic | 9.4 | Oversold |
BTDR's weekly RSI is 34 (neutral) and its Stochastic is 9 (oversold).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
BTDR PE vs Technology Sector
BTDR has no meaningful PE right now: it lost money over the past year.
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 stronger trend alignment. ASTS is above 1 of 5 weekly averages versus BTDR above 0 of 4.
BTDR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.21 | 25% below |
| 20 week MA | $10.2 | 40% below |
| 50 week MA | $11.4 | 46% below |
| 100 week MA | $13.2 | 53% below |
BTDR is in a downtrend: it's below all four of its weekly moving averages, and 53% below its 100-week average.
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.
BTDR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $10.5 | $9.86 | -6.4% |
| 2024 | $9.86 | $23.7 | +140% |
| 2025 | $23.7 | $10.7 | -55% |
| 2026 YTD | $10.7 | $6.13 | -43% |
BTDR has the edge over ASTS on returns for 2026, with the stronger performance.