ASTS Q3 2025 Earnings
Reported Nov 10, 2025 at 4:27 PM ET · SEC Source
Q3 25 EPS
$-0.45
MISS 66.85%
Est. $-0.27
Q3 25 Revenue
$14.7M
MISS 33.13%
Est. $22.0M
vs S&P Since Q3 25
-1.2%
TRAILING MARKET
ASTS +4.3% vs S&P +5.5%
Market Reaction
Did ASTS Beat Earnings? Q3 2025 Results
AST SpaceMobile delivered a headline miss on both top and bottom lines in Q3 2025, though the numbers alone tell only part of the story for a company still racing to build its space-based cellular network. Revenue came in at $14.74 million, a strikin… Read more AST SpaceMobile delivered a headline miss on both top and bottom lines in Q3 2025, though the numbers alone tell only part of the story for a company still racing to build its space-based cellular network. Revenue came in at $14.74 million, a striking 1,239.9% surge year-over-year, yet 33.13% short of the $22.04 million consensus, while an EPS loss of $0.45 fell well below the $0.27 estimate, a 66.85% miss that rattled investors watching closely. The shortfall was largely a function of timing: revenue remains tied to gateway deliveries and government milestones rather than recurring commercial service, keeping results lumpy and unpredictable. Against that backdrop, the company secured over $1.00 billion in contracted revenue commitments, including landmark deals with stc Group and Verizon. Looking ahead, management reiterated second-half 2025 revenue guidance of $50.00 million to $75.00 million and targets five orbital launches by end of Q1 2026, aiming for 45 to 60 operational satellites by year-end 2026.
Key Takeaways
- • Q3 2025 GAAP revenue of $14.7 million driven by U.S. Government contract milestones and gateway deliveries
- • Secured over $1.0 billion in aggregate contracted revenue commitments from partners
- • Definitive commercial agreements signed with stc Group and Verizon
ASTS YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
ASTS Revenue by Segment
With YoY comparisons, source: SEC Filings
“AST SpaceMobile continues to lead the direct-to-device space-based cellular broadband industry. During the past few months, commercial activity has significantly accelerated, demonstrating the robust demand for our solution across the ecosystem.”
— Abel Avellan, Q3 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
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 FY | — | $-0.26 | — | $54.3M | — |
| 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% |