ASTS
AST SpaceMobile, Inc.
ASTS offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
GRVY
Gravity Co., Ltd.
GRVY has the edge over ASTS overall on the model score.
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.
GRVY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
GRVY's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
GRVY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.3x | $33.96 | -50% |
| Fair | 7.7x | $49.26 | -27% |
| Current | 11x | $67.41 | — |
| Expensive | 13x | $86.05 | +28% |
Historical ranges are pointers, not guarantees.
GRVY's PE is 11x, 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.
GRVY Forward outlook
There aren't enough analyst estimates for GRVY to show an outlook.
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.
GRVY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $6.42 | -15% |
| Q1 2026 | $4.81 | -39% |
| Q4 2025 | $5.12 | -44% |
| Q3 2025 | $6.69 | -26% |
| Q2 2025 | $7.56 | -22% |
| Q1 2020 | $3.17 | -38% |
| Q4 2019 | $4.30 | +27% |
GRVY has the edge over ASTS on earnings quality, reporting a profit while its opponent remains loss making.
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 GRVY 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.
GRVY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $121.3M | +33% |
| Q1 2026 | $85M | +20% |
| Q4 2025 | $58.7M | -38% |
| Q3 2025 | $75.1M | -22% |
| Q2 2025 | $91.3M | -0.9% |
| Q1 2025 | $71M | -21% |
| Q4 2024 | $94M | -6% |
| Q3 2024 | $96.2M | -27% |
GRVY's revenue has held roughly level: $121M last quarter, up 33% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 17% | +5.4 points |
| Q1 2026 | 10% | -7.7 points |
| Q4 2025 | 11% | -2 points |
| Q3 2025 | 16% | -6 points |
| Q2 2025 | 12% | -0.5 points |
| Q1 2025 | 18% | -4.4 points |
| Q4 2024 | 13% | -6.9 points |
| Q3 2024 | 21% | -0.1 points |
GRVY 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.
GRVY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
GRVY's free cash flow has been positive every quarter for seven years: $0 over the past year, against $0 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 | — |
GRVY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | +100 shares |
| 5 years | 0% | +100 shares |
GRVY has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
GRVY hasn't bought back shares in the past year.
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
GRVY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.4x | Net Cash |
| Q1 2026 | -2.9x | Net Cash |
| Q4 2025 | -2.8x | Net Cash |
| Q3 2025 | -2.7x | Net Cash |
| Q2 2025 | -2.4x | Net Cash |
| Q1 2025 | -2.1x | Net Cash |
| Q4 2024 | -2.2x | Net Cash |
| Q3 2024 | -1.9x | Net Cash |
GRVY 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).
GRVY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.9 | Neutral |
| Stochastic | 35.7 | Neutral |
GRVY's weekly RSI is 52 (neutral) and its Stochastic is 36 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
GRVY PE vs Technology Sector
| Metric | GRVY | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 62% below |
| PE % | 73 | 35 | 38 pts above |
GRVY is trading at 11x earnings, a 62% discount to the Technology sector's median of 28x, though its earnings don't support one.
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.
GRVY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $67.2 | 0.3% above |
| 20 week MA | $67.6 | 0.2% below |
| 50 week MA | $64.4 | 4.7% above |
| 100 week MA | $62.9 | 7.2% above |
| 200 week MA | $64.8 | 4% above |
GRVY 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.
GRVY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.9 | $200.6 | +443% |
| 2021 | $200.6 | $69.7 | -65% |
| 2022 | $69.7 | $39.6 | -43% |
| 2023 | $39.6 | $69.6 | +76% |
| 2024 | $69.6 | $62.8 | -9.7% |
| 2025 | $62.8 | $57.7 | -8.2% |
| 2026 YTD | $57.7 | $67.4 | +17% |
GRVY has the edge over ASTS on returns for 2026, with the stronger performance.