Overview

* AST SpaceMobile Q3 2025 revenue of $14.7 mln missed analyst expectations

* Company secured over $1 bln in contracted revenue commitments from partners

* AST SpaceMobile ( ASTS ) has $3.2 bln in cash and liquidity as of Sept 30, 2025

Outlook

* Company reiterates second-half 2025 revenue guidance of $50 mln to $75 mln

* AST SpaceMobile ( ASTS ) plans activations in Canada, Japan, Saudi Arabia, and UK in early 2026

* Company aims for five orbital launches by end of Q1 2026

Result Drivers

* CONTRACT WINS - Significant agreements with Verizon and stc Group highlight strategic expansion efforts

* GOVERNMENT CONTRACTS - Revenue driven by U.S. Government contract milestones and gateway deliveries

* SATELLITE LAUNCHES - On track for multiple satellite launches to expand constellation by end of 2026

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $14.74 $20.80

Revenue mln mln (9

Analysts

)

Q3 $94.42

Operatin mln

g

Expenses

Q3 -$163.45

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the wireless telecommunications services peer group is "buy."

* Wall Street's median 12-month price target for AST SpaceMobile Inc ( ASTS ) is $59.00, about 17.3% below its November 7 closing price of $69.19

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)