Earnings summaries and quarterly performance for AST SpaceMobile.
Executive leadership at AST SpaceMobile.
Abel Avellan
Detailed
Chief Executive Officer
CEO
Andrew Johnson
Detailed
Executive Vice President, Chief Financial Officer, and Chief Legal Officer
Huiwen Yao
Detailed
Chief Technology Officer
Scott Wisniewski
Detailed
President, Chief Strategy Officer
Shanti Gupta
Detailed
Executive Vice President, Chief Operating Officer
Board of directors at AST SpaceMobile.
Research analysts who have asked questions during AST SpaceMobile earnings calls.
Bryan Kraft
Deutsche Bank AG
6 questions for ASTS
Also covers: ATUS, CHTR, DIS +8 more
Christopher Schoell
UBS
6 questions for ASTS
Also covers: CCOI, EA, PLTK +2 more
Christopher Quilty
Quilty Space
5 questions for ASTS
Also covers: BKSY, GILT, GSAT +7 more
Colin Canfield
Cantor Fitzgerald
5 questions for ASTS
Also covers: AIRO, AMTM, AVAV +10 more
Scott Searle
ROTH MKM
4 questions for ASTS
Also covers: ADEA, AIOT, AIRG +21 more
Caleb Henry
Quilty Space
3 questions for ASTS
Also covers: BKSY, PL, TSAT
Greg Pendy
Clear Street
3 questions for ASTS
Also covers: BMTX, LUNR, PL
Griffin Boss
B. Riley Securities
2 questions for ASTS
Also covers: APEI, CMTL, EGLXF +7 more
Louie DiPalma
William Blair
2 questions for ASTS
Also covers: AIR, AVAV, BAH +16 more
Michael Crawford
B. Riley Securities, Inc.
2 questions for ASTS
Also covers: ATEX, CMTL, DCO +9 more
Michael Funk
Bank of America
2 questions for ASTS
Also covers: ADSK, AMT, ASAN +22 more
Mike Crawford
B. Riley Securities
2 questions for ASTS
Also covers: ATEX, CMTL, DCO +8 more
Timothy Horan
Oppenheimer & Co. Inc.
2 questions for ASTS
Also covers: AI, BKSY, CCOI +18 more
Recent press releases and 8-K filings for ASTS.
AST SpaceMobile Highlights 2025 Milestones, 2026 Deployment Plans, and Financial Strength
ASTS
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- AST SpaceMobile achieved significant milestones in 2025, including scaling its business, raising $2 billion-$3 billion in capital, and securing over $1 billion of committed revenue for the second half of the year. The company now holds over $3.2 billion of pro forma cash and liquidity on its balance sheet.
- The company is focused on network deployment, aiming to have 45-60 satellites in orbit by the end of 2026 to provide commercial-grade service in key markets, with plans for up to 13 launches total through the end of 2026. Its manufacturing plant is nearing a production rate of six satellites per month.
- Technologically, the new ASIC chip will enable satellites to achieve up to 10 GHz of processing power per satellite. Strategically, AST SpaceMobile secured a long-term lease agreement for over 80 years for 20+20 MHz of L-band spectrum in the United States and Canada.
- Commercial agreements, such as those with Verizon and Saudi Telecom Company, typically run for 5 to 10 years and are structured with a 50/50 revenue share model for add-on services, including minimum revenue commitments and significant prepayments. The company anticipates flow-through margins in excess of 90% over time once the constellation is operational.
Dec 8, 2025, 6:30 PM
AST SpaceMobile details 2025 capital raise and commercial agreements, outlines 2026 satellite deployment and funding
ASTS
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- AST SpaceMobile raised $2-$3 billion in capital in 2025 and guided to over $1 billion of committed revenue for the second half of 2025. The company has signed definitive commercial agreements with partners like Verizon and Saudi Telecom Company, which include minimum revenue commitments, significant prepayments, and a 50/50 revenue share for add-on services.
- The company aims to deploy 45 to 60 satellites by the end of 2026 to offer commercial-grade service, with up to 13 launches total scheduled through that period. Manufacturing is scaling, with the plant almost at full rate, aiming for six satellites per month, and new facilities in Florida and Texas ramping up. New ASIC chip technology will boost processing power to up to 10 gigahertz per satellite.
- AST SpaceMobile holds over $3.2 billion in pro forma cash and liquidity, with funding secured for over 100 satellite deployments, exceeding its 2026 target. The company also acquired a long-term lease (80+ years) for 20+20 MHz of L-band spectrum in the US and Canada. The government sector now represents a majority of initial revenue, with potential for over $100 million annual revenue from programs of record.
Dec 8, 2025, 6:30 PM
AST SpaceMobile Reports Q3 2025 Revenue, Secures Over $1 Billion in Contracted Commitments, and Updates Launch Plans
ASTS
Earnings
Guidance Update
Revenue Acceleration/Inflection
- AST SpaceMobile reported approximately $15 million in revenue for Q3 2025, an increase from approximately $2 million in the prior quarter, and reiterated its second-half 2025 revenue guidance of $50-$75 million.
- The company has secured over $1 billion in total contracted revenue commitments from its commercial partners.
- As of September 30, 2025, AST SpaceMobile's pro forma cash and liquidity reached over $3.2 billion, making it fully funded to manufacture and launch a constellation of over 100 satellites for worldwide service.
- Manufacturing efforts are on track, with the company expecting to exit calendar 2025 at a manufacturing cadence of six satellites per month, and anticipates five orbital launches by the end of Q1 2026 as it progresses towards 45-60 satellites launched by the end of 2026.
- New definitive commercial agreements were signed with Verizon and Saudi Telecom Group (STC), with the STC deal including a $175 million prepayment to be made by the end of 2025.
Nov 10, 2025, 10:00 PM
AST SpaceMobile Reports Q3 2025 Results and Operational Milestones
ASTS
Earnings
Guidance Update
New Projects/Investments
- AST SpaceMobile reported GAAP revenue of $14.7 million for Q3 2025 and reiterated its second-half 2025 revenue guidance of $50.0 million to $75.0 million.
- The company secured over $1.0 billion in aggregate contracted revenue commitments from partners, including definitive commercial agreements with stc Group (featuring a $175.0 million prepayment) and Verizon, along with a new contract award with the U.S. Government.
- AST SpaceMobile maintains a robust balance sheet with over $3.2 billion in cash, cash equivalents, restricted cash, and liquidity on a pro forma basis as of September 30, 2025.
- Operational progress includes the shipment of BlueBird 6 to India for a launch expected in the first half of December, with plans for five orbital launches by the end of Q1 2026 and a goal of 45 to 60 satellites in orbit by the end of 2026.
Nov 10, 2025, 10:00 PM
AST SpaceMobile Reports Q3 2025 Revenue and Secures Over $1 Billion in Contracted Revenue Commitments
ASTS
Earnings
Guidance Update
New Projects/Investments
- AST SpaceMobile reported GAAP revenue of $14.7 million for Q3 2025, primarily driven by gateway hardware sales and U.S. government service milestones, and expects second-half 2025 revenue in the range of $50-$75 million.
- The company has secured over $1 billion in total contracted revenue commitments from commercial partners, including definitive agreements with Verizon and Saudi Telecom Group (STC), the latter involving a $175 million prepayment by the end of 2025.
- Manufacturing is on track to complete 40 satellites by early 2026, with a cadence of six satellites per month by the end of 2025, and plans for five orbital launches by the end of Q1 2026 towards a goal of 45-60 satellites by the end of 2026.
- As of September 30, 2025, AST SpaceMobile's cash, cash equivalents, and restricted cash, pro forma for recent financial transactions, stood at approximately $3.2 billion, making it fully funded to manufacture and launch a constellation of over 100 satellites.
- The company's novel ASIC chip, enabling peak data transmission speeds of up to 120 megabits per second, is anticipated to be integrated into Block 2 Bluebird satellites during Q1 2026.
Nov 10, 2025, 10:00 PM
AST SpaceMobile Announces Q3 2025 Results and Operational Updates
ASTS
Earnings
Guidance Update
New Projects/Investments
- AST SpaceMobile has secured over $1 billion in total contracted revenue commitment from its commercial partners.
- For Q3 2025, the company recognized GAAP revenue of $14.7 million and anticipates total 2025 revenue between $50 million and $75 million.
- As of September 30, 2025, pro forma cash and liquidity stood at over $3.2 billion, sufficient to fund the manufacturing and launch of over 100 satellites.
- Manufacturing is on schedule to complete 40 satellites by early 2026, with a target of 45-60 satellites launched by the end of 2026.
- Q4 2025 guidance includes adjusted operating expenses (excluding COGS) in the mid-$60 millions and capital expenditures in the range of $275 million-$325 million.
Nov 10, 2025, 10:00 PM
AST SpaceMobile Announces Q3 2025 Results and Business Update
ASTS
Earnings
Guidance Update
New Projects/Investments
- AST SpaceMobile reported GAAP revenue of $14.7 million for the third quarter of 2025 and a net loss per share of $(0.45).
- The company maintained a strong liquidity position with $1.2 billion in cash, cash equivalents, and restricted cash as of September 30, 2025, and over $3.2 billion in pro forma cash, cash equivalents, restricted cash, and availability under the ATM facility. This includes $1.15 billion in gross proceeds from a new convertible senior notes offering.
- AST SpaceMobile secured over $1.0 billion in aggregate contracted revenue commitments, including definitive commercial agreements with Verizon and stc Group, with the latter providing a $175.0 million prepayment for future services.
- The company reiterated its second-half 2025 revenue guidance of $50.0 million to $75.0 million and is on track for five orbital launches by the end of Q1 2026, aiming to have 45 to 60 satellites in orbit by the end of 2026.
Nov 10, 2025, 9:27 PM
AST SpaceMobile Provides Business Update and Third Quarter 2025 Results
ASTS
Earnings
Guidance Update
New Projects/Investments
- AST SpaceMobile reported Q3 2025 revenue of $14.7 million and a net loss attributable to common stockholders of $(122.874) million.
- The company secured over $1.0 billion in aggregate contracted revenue commitments from partners, including definitive commercial agreements with stc Group and Verizon.
- AST SpaceMobile reiterated its second-half 2025 revenue guidance of $50.0 million to $75.0 million.
- As of September 30, 2025, the company had $1.2 billion in cash, cash equivalents, and restricted cash.
- A multi-provider orbital launch campaign has commenced, with BlueBird 6 expected to launch in the first half of December and BlueBird 7 shortly thereafter, targeting five orbital launches by the end of Q1 2026.
Nov 10, 2025, 9:15 PM
AST SpaceMobile and Vodafone Establish German Hub for European Satellite Network
ASTS
New Projects/Investments
- AST SpaceMobile and Vodafone have formed a joint venture, SatCo, to establish a European satellite constellation for satellite-to-smartphone connectivity, with services expected to begin in 2026.
- A principal satellite operations center will be located in Germany, potentially Munich or Hannover, to host ground gateway stations linking the satellite constellation to terrestrial 4G and 5G networks.
- The constellation will include a 'command switch' to provide European oversight, security controls, and encryption management, ensuring sovereign satellite communication capabilities across 21 EU member states and other European countries.
- This initiative aims to complement terrestrial networks, address underserved areas, and enhance digital sovereignty in Europe, with plans to deploy up to 60 satellites by 2026.
Nov 7, 2025, 9:09 PM
AST SpaceMobile and Vodafone Announce German Satellite Operations Centre and EU Constellation
ASTS
New Projects/Investments
Product Launch
- Vodafone and AST SpaceMobile have selected Germany as the location for their main Satellite Operations Centre, which will manage satellite connectivity for their Luxembourg-headquartered joint venture, SatCo, across Europe.
- The planned EU satellite constellation will include a "command switch" feature to support European oversight and security, ensuring digital sovereignty and providing secure and resilient communications.
- This initiative aims to provide ubiquitous mobile broadband in underserved areas and support emergency services and disaster relief efforts across Europe, with a commercial launch planned to commence from 2026.
- AST SpaceMobile has filed with the International Telecommunications Union (ITU) through Germany for the registration of this new mid-band satellite constellation.
Nov 7, 2025, 7:00 AM
Quarterly earnings call transcripts for AST SpaceMobile.
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