
ASTâŊSpaceMobileâŊ(âASTSâ) Sees Q3âŊ2025 Revenue ofâŊ$14.7âŊM, Locked inâŊ$1âŊBâŊin Commercial Commitments
âĒBy ADMIN
Related Stocks:ASTS
AST SpaceMobile, Inc. announced thirdâquarter results for the period ending SeptemberâŊ30,âŊ2025, reporting GAAP revenue of $14.7âŊmillion, driven by gateway deliveries and U.S. government contract milestones. Operating expenses climbed to $94.4âŊmillion, with adjusted operating expenses at $67.7âŊmillion, reflecting investment in engineering services, gateway costs and generalâŊ&âŊadministrative functions.
On the commercial front, AST SpaceMobile secured overâŊ$1âŊbillion in aggregate contracted revenue commitments, including a 10âyear agreement with stc Group (preâpaid $175âŊmillion) and an expanded partnership with Verizon Communications targeting full U.S. geographic coverage. The company reiterated its fullâyear guidance of $50âŊmillion to $75âŊmillion in revenue for the second half of 2025.
Finally, liquidity remains strong: AST SpaceMobile reported cash & equivalents plus restricted cash of approximately $1.2âŊbillion, and proâforma total liquidity (including facilities) of over $3.2âŊbillion as of quarter end.
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