ASTS
AST SpaceMobile, Inc.
ASTS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
TRMB
Trimble Inc.
TRMB has the edge over ASTS overall, supported by lower modeled downside.
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.
TRMB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Healthy |
TRMB's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
TRMB PE Valuation
TRMB 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.
TRMB Forward outlook
There aren't enough analyst estimates for TRMB 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 has the edge over TRMB on earnings, with more consistent year-over-year improvement.
TRMB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.69 | -147% |
| Q2 2026 | -$0.48 | -141% |
| Q1 2026 | $1.91 | -69% |
| Q4 2025 | $1.76 | -71% |
| Q3 2025 | $1.46 | -76% |
| Q2 2025 | $1.16 | -81% |
| Q1 2025 | $6.13 | +539% |
| Q4 2024 | $6.09 | +387% |
TRMB has swung to a loss: it lost $0.69 per share over the past year, after a profit 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 TRMB 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.
TRMB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $966.8M | +7.3% |
| Q2 2026 | $972M | +11% |
| Q1 2026 | $939.9M | +12% |
| Q4 2025 | $969.8M | -1.4% |
| Q3 2025 | $901.2M | +2.9% |
| Q2 2025 | $875.7M | +0.6% |
| Q1 2025 | $840.6M | -12% |
| Q4 2024 | $983.4M | +5.5% |
TRMB's revenue has picked up after four years of holding roughly level: $967M last quarter, up 7.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | -2 points |
| Q2 2026 | 14% | -1 points |
| Q1 2026 | 15% | +3.7 points |
| Q4 2025 | 22% | +4.6 points |
| Q3 2025 | 17% | +3.4 points |
| Q2 2025 | 15% | +7.5 points |
| Q1 2025 | 12% | +0.2 points |
| Q4 2024 | 18% | +7.3 points |
TRMB 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.
TRMB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $141.8M | +22% |
| Q2 2026 | $233.2M | +$292.6M |
| Q1 2026 | $268.6M | +80% |
| Q4 2025 | $154.7M | +42% |
| Q3 2025 | $116.6M | +32% |
| Q2 2025 | -$59.4M | -181% |
| Q1 2025 | $149M | -34% |
| Q4 2024 | $109M | +22% |
TRMB 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 | — |
TRMB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +200K shares |
| 1 year | -3% | -7.2M shares |
| 3 years | -6.6% | -16.5M shares |
| 5 years | -8.4% | -21.3M shares |
| Available history | -7.8% | -19.7M shares |
TRMB has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $223.9M |
| Q2 2026 | $6.2M |
| Q1 2026 | $322.8M |
| Q4 2025 | $136M |
| Q3 2025 | $50M |
| Q2 2025 | $50M |
| Q1 2025 | $627.4M |
| Q4 2024 | — |
TRMB spent $689M buying back its own shares over the past year, down 5.3% 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.
TRMB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.5x | Healthy |
| Q2 2025 | 1.7x | Healthy |
| Q1 2025 | 1.7x | Healthy |
| Q4 2024 | 0.9x | Very low |
TRMB's net debt is about 1.6 years of its operating earnings (EBITDA), about the same as a year ago.
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).
TRMB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.2 | Neutral |
| Stochastic | 41.9 | Neutral |
TRMB's weekly RSI is 44 (neutral) and its Stochastic is 42 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
TRMB PE vs Technology Sector
| Metric | TRMB | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
TRMB 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 the edge over TRMB on trend strength, trading above more of its moving averages.
TRMB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $59.2 | 5.6% below |
| 20 week MA | $57.7 | 3.3% below |
| 50 week MA | $63.0 | 11% below |
| 100 week MA | $68.7 | 19% below |
| 200 week MA | $61.9 | 9.7% below |
TRMB is in a downtrend: it's below all five of its weekly moving averages, and 9.7% below 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.
TRMB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.0 | $66.7 | +59% |
| 2021 | $66.7 | $86.1 | +29% |
| 2022 | $86.1 | $48.5 | -44% |
| 2023 | $48.5 | $53.2 | +9.6% |
| 2024 | $53.2 | $71.2 | +34% |
| 2025 | $71.2 | $80.2 | +13% |
| 2026 YTD | $80.2 | $55.8 | -30% |
TRMB has the edge over ASTS on returns for 2026, with the stronger performance.