Q4 25 EPS
$-0.26
MISS 30.00%
Est. $-0.20
Q4 25 Revenue
$54.3M
BEAT +30.70%
Est. $41.5M
vs S&P Since Q4 25
-28.0%
TRAILING MARKET
ASTS -18.6% vs S&P +9.4%
Full Year 2025 Results
FY 25 EPS
$-1.34
MISS 6.66%
Est. $-1.26
FY 25 Revenue
$70.9M
BEAT +20.50%
Est. $58.9M
Market Reaction
Did ASTS Beat Earnings? Q4 2025 Results
AST SpaceMobile delivered a standout quarter for the books, posting Q4 2025 revenue of $54.30 million, a 28.56% beat against the $42.24 million consensus estimate, as the satellite connectivity company's first meaningful revenue year came into sharp … Read more AST SpaceMobile delivered a standout quarter for the books, posting Q4 2025 revenue of $54.30 million, a 28.56% beat against the $42.24 million consensus estimate, as the satellite connectivity company's first meaningful revenue year came into sharp focus, with year-over-year growth of 2,731.3% underscoring how dramatically its commercial profile has shifted. The revenue was powered by two distinct streams: product revenue tied to the delivery of 15 gateways across five continents and service revenue from U.S. Government contracts, including a $30.00 million Space Development Agency prime contract. EPS came in at -$0.26, reflecting a net loss of $73.97 million for the quarter as the company continues scaling manufacturing and deployment at pace. With over $1.20 billion in contracted partner commitments, a $175.00 million prepayment from stc Group, and liquidity exceeding $3.90 billion pro forma for its recently completed $1.07 billion convertible notes offering, AST is targeting 45 to 60 satellites in orbit by year-end 2026 as it moves toward broader commercial service activation.
Key Takeaways
- • Delivery of 15 gateways across five continents driving product revenue
- • U.S. Government contract milestones driving service revenue
- • Expansion of mobile network operator partner ecosystem
- • $175 million commercial prepayment from stc Group under 10-year regional agreement
ASTS YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
ASTS Revenue by Segment
With YoY comparisons, source: SEC Filings
“For the first time in 2025, AST SpaceMobile became a revenue generating business and it significantly advanced all key aspects of our operations including commercial, government, manufacturing, spectrum rights, IP portfolio, and capital position.”
— Abel Avellan, Q4 2025 Earnings Press Release
ASTS Earnings Trends
ASTS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ASTS EPS Trend
Earnings per share: estimate vs actual
ASTS Revenue Trend
Quarterly revenue: estimate vs actual
ASTS Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.20 | $-0.66 | -223.21% | $14.7M | -59.72% |
| Q4 25 MISS FY | $-0.20 | $-0.26 | -30.00% | $54.3M | +30.70% |
| FY Full Year | $-1.26 | $-1.34 | -6.66% | $70.9M | +20.50% |
| Q3 25 MISS | $-0.27 | $-0.45 | -66.85% | $14.7M | -33.13% |
| Q2 25 MISS | $-0.08 | $-0.41 | -412.50% | $1.2M | -95.29% |
| Q1 25 MISS | $-0.17 | $-0.20 | -17.72% | $718,000 | -81.35% |