AST SpaceMobile (MEX:ASTS) Selling, General, & Admin. Expense: MXN2,320 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:ASTS AST SpaceMobile Inc MEX:ASTS
23 GF Score
Price MXN1,016.74
GF Value MXN8,656.26
Valuation Possible Value Trap
! 6 Warning Signs
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What is AST SpaceMobile Selling, General, & Admin. Expense?

AST SpaceMobile MEX:ASTS +7.70% 23 Selling, General, & Admin. Expense is MXN2,320 Mil as of Mar. 2026. GuruFocus rates MEX:ASTS with a GF Score™ of 23/100 and a GF Value™ of MXN8,656.26 (Possible Value Trap). The stock has 6 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. AST SpaceMobile's selling, general, & admin. expense for the three months ended in Mar. 2026 was MXN787 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,320 Mil.


AST SpaceMobile  (MEX:ASTS) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


AST SpaceMobile Selling, General, & Admin. Expense Related Terms


AST SpaceMobile Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for AST SpaceMobile's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AST SpaceMobile Selling, General, & Admin. Expense Chart

AST SpaceMobile Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 731.04 942.28 706.15 1,284.00 1,830.80

AST SpaceMobile Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 376.10 512.95 547.06 472.31 787.25

MEX:ASTS vs ZBRA, VIAV, AAOI: Selling, General, & Admin. Expense Comparison

For the Communication Equipment subindustry, AST SpaceMobile's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AST SpaceMobile Selling, General, & Admin. Expense vs Hardware Industry

For the Hardware industry and Technology sector, AST SpaceMobile's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where AST SpaceMobile's Selling, General, & Admin. Expense falls into.


MEX:ASTS
23GF Score
AST SpaceMobile Inc MEX:ASTS
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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AST SpaceMobile Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,320 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of MXN2,320 Mil mean?
AST SpaceMobile (MEX:ASTS) has a Selling, General, & Admin. Expense of MXN2,320 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on AST SpaceMobile and its competitors.
Is AST SpaceMobile's Selling, General, & Admin. Expense too high?
AST SpaceMobile's current Selling, General, & Admin. Expense is MXN2,320 Mil. Overall, AST SpaceMobile has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AST SpaceMobile's Selling, General, & Admin. Expense compare to ZBRA and VIAV?
AST SpaceMobile's Selling, General, & Admin. Expense of MXN2,320 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Hardware company?
A good Selling, General, & Admin. Expense depends on the Hardware industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on AST SpaceMobile and its competitors. AST SpaceMobile's current Selling, General, & Admin. Expense is MXN2,320 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AST SpaceMobile stock overvalued right now?
Based on GuruFocus' analysis, AST SpaceMobile (MEX:ASTS) is currently considered Possible Value Trap. The stock's GF Value™ is MXN8,656.26, compared to a current price of MXN1,016.74 — trading 88.3% below its estimated fair value. The current Selling, General, & Admin. Expense is MXN2,320 Mil. AST SpaceMobile's overall GF Score™ is 23/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For AST SpaceMobile (MEX:ASTS), the current Selling, General, & Admin. Expense is MXN2,320 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AST SpaceMobile (MEX:ASTS) Overvalued in 2026?

Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued. The current stock price of MXN1,016.74 is trading 88.3% below its estimated GF Value™ of MXN8,656.26. GuruFocus considers AST SpaceMobile to be Possible Value Trap.

Key valuation signals for MEX:ASTS:

  • Selling, General, & Admin. Expense: MXN2,320 Mil
  • GF Value™: MXN8,656.26 vs. price of MXN1,016.74 (88.3% below fair value)
  • GF Score™: 23/100 with 6 warning signs

No single metric tells the full story. See the MEX:ASTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AST SpaceMobile Business Description

Address 2901 Enterprise Lane, Midland International Air & Space Port, Midland, TX, USA, 79706
AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
23GF Score

Get the complete analysis for MEX:ASTS

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,016.74
Price
MXN8,656.26
GF Value