ASTS
AST SpaceMobile, Inc.
ASTS trails on the overall score without a compensating advantage in the available component scores.
INOD
Innodata Inc.
INOD has the edge over ASTS overall, supported by stronger valuation and stronger modeled upside.
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.
INOD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Strong |
INOD's revenue, profitability, cash flow and balance sheet are all currently healthy.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
INOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 26x | $36.29 | — |
| Forward | 29x | $36.29 | — |
| Cheap | 45x | $61.56 | +70% |
| Fair | 66x | $90.96 | +151% |
| Expensive | 171x | $236 | +551% |
Historical ranges are pointers, not guarantees.
INOD's PE is in its cheap range at 26x. On analysts' estimates for next year's earnings, today's price would be 29x.
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.
INOD Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for INOD, with profitability improving. 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.
INOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -7.9% |
| Q3 2026 | $1.38 | +37% |
| Q2 2026 | $1.33 | +3.9% |
| Q1 2026 | $1.12 | +3.7% |
| Q4 2025 | $0.92 | +3.4% |
| Q3 2025 | $1.01 | +66% |
| Q2 2025 | $1.28 | +1064% |
| Q1 2025 | $1.08 | +1250% |
| Q4 2024 | $0.89 | +$0.92 |
INOD 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's revenue has grown year over year for 11 quarters in a row: $42M last quarter, up 187% from the same quarter a year ago.
| 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.
INOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $95.6M | +53% |
| Q2 2026 | $92.1M | +58% |
| Q1 2026 | $90.1M | +54% |
| Q4 2025 | $72.4M | +22% |
| Q3 2025 | $62.6M | +20% |
| Q2 2025 | $58.4M | +79% |
| Q1 2025 | $58.3M | +120% |
| Q4 2024 | $59.2M | +127% |
INOD's revenue has grown year over year for 13 quarters in a row: $96M last quarter, up 53% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -8.4 points |
| Q2 2026 | 19% | +3.8 points |
| Q1 2026 | 19% | +5.1 points |
| Q4 2025 | 15% | -4.1 points |
| Q3 2025 | 19% | -3.1 points |
| Q2 2025 | 15% | +14 points |
| Q1 2025 | 14% | +8.8 points |
| Q4 2024 | 19% | +12 points |
INOD 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.
INOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$86.4M | -694% |
| Q2 2026 | $124.3M | +4819% |
| Q1 2026 | $34.8M | +309% |
| Q4 2025 | $10.1M | -33% |
| Q3 2025 | $14.5M | +47% |
| Q2 2025 | $2.5M | +$5.7M |
| Q1 2025 | $8.5M | +57% |
| Q4 2024 | $15.1M | +$16.2M |
INOD 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 | — |
INOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.4% | +851K shares |
| 1 year | +1% | +356K shares |
| 3 years | +28% | +7.8M shares |
| 5 years | +39% | +10M shares |
| Available history | +38% | +9.8M shares |
INOD has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | $1.8M |
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
INOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -3.7x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -1.8x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -1.5x | Net Cash |
| Q4 2024 | -1.6x | Net Cash |
INOD 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).
INOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.9 | Neutral |
| Stochastic | 4.5 | Oversold |
INOD's weekly RSI is 36 (neutral) and its Stochastic is 4 (oversold).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
INOD PE vs Technology Sector
| Metric | INOD | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 28x | 5.6% below |
| PE % | 0 | 35 | 35 pts below |
INOD is trading at 26x earnings, in line with the Technology sector's median of 28x.
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.
INOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $53.8 | 33% below |
| 20 week MA | $58.0 | 37% below |
| 50 week MA | $59.6 | 39% below |
| 100 week MA | $54.4 | 33% below |
| 200 week MA | $33.4 | 8.7% above |
INOD has fallen below most of its moving averages, though it's still 8.7% above its 200-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.
INOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.16 | $5.68 | +390% |
| 2021 | $5.68 | $5.75 | +1.2% |
| 2022 | $5.75 | $3.00 | -48% |
| 2023 | $3.00 | $8.14 | +171% |
| 2024 | $8.14 | $45.4 | +457% |
| 2025 | $45.4 | $52.5 | +16% |
| 2026 YTD | $52.5 | $36.3 | -31% |
INOD has the edge over ASTS on returns for 2026, with the stronger performance.