ASTS
AST SpaceMobile, Inc.68.37
+0.56+0.83%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
25.12BP/E (TTM)
-Basic EPS (TTM)
-1.14Dividend Yield
0%Recent Filings
8-K
8-K
AST secures $1B+ deals, launches ahead
AST SpaceMobile inked definitive deals with stc Group and Verizon on November 10, 2025, locking in over $1 billion in contracted revenue commitments while advancing satellite launches. Q3 revenue hit $14.7 million from government milestones and gateways, but operating expenses climbed to $94.4 million amid ramped engineering costs. Deals fuel commercialization, targeting intermittent U.S. service now and expansions in 2026. Liquidity tops $3.2 billion pro forma, yet execution risks loom large.
10-Q
Q3 FY2025 results
AST SpaceMobile posted Q3 revenue of $14.7M, up sharply from $1.1M y/y, fueled by gateway resales to mobile operators and U.S. government contract milestones, while YTD revenue hit $16.6M versus $2.5M last year. Operating expenses climbed 42% y/y to $94.4M amid headcount growth and facility expansions, yielding a $163.8M net loss before noncontrolling interest—better than the $303.1M loss y/y, thanks to a $2.9M warrant gain offsetting $91.4M in induced conversion costs from note repurchases. Cash swelled to $1.2B on hand, bolstered by $1.0B in equity raises and $1.0B from new convertible notes, funding satellite builds and a $420M spectrum payment; free cash flow stood negative at $833.5M (derived) from heavy capex. The firm closed a $64.5M S-Band rights buy in September 2025, issuing $26M in stock and recognizing $59.6M in indefinite-lived intangibles. Yet regulatory delays in spectrum approvals could stall network rollout.
8-K
AST partners with STC for satellite connectivity
AST SpaceMobile's subsidiary inked a ten-year deal with Saudi Telecom Company on October 29, 2025, to deliver direct-to-device satellite connectivity across Saudi Arabia and regional markets. STC committed $175 million in prepayments for 2025 alongside long-term revenue pledges, funding three Saudi ground gateways and a Riyadh operations center. Services target 2026 launch. Regulatory approvals remain a key hurdle.
8-K
AST completes equity offering, note issuance
AST SpaceMobile completed a registered direct offering of 2,048,849 Class A shares at $78.61 each on October 29, 2025, raising net proceeds to repurchase $50.0 million principal of its 4.25% convertible notes due 2032 for $161.1 million, including interest. Simultaneously, the company issued $150 million in additional 2.00% convertible senior notes due 2036, bringing total outstanding notes to $1.15 billion. This debt swap extends maturities while injecting equity. Conversions could yield up to 14,629,150 shares.
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