AST SpaceMobile Inc (NASDAQ:ASTS) reported financial results for the fourth quarter after the market close on Monday. Here’s a look at the key details from the print.
- AST SpaceMobile shares are powering higher. Why is ASTS stock surging?
AST SpaceMobile Delivers Mixed Report For Q4
AST SpaceMobile posted fourth-quarter revenue of $54.3 million, beating analyst estimates of $41.11 million. The company said revenue growth was driven by gateway deliveries and U.S. government milestones. The company noted it secured over $1.2 billion in aggregate contracted revenue commitments from partners last year.
AST SpaceMobile reported a fourth-quarter adjusted loss of 26 cents per share, missing analyst estimates for a loss of 15 cents per share, according to Benzinga Pro.
Total operating expenses came in at $126.6 million in the fourth quarter. The company ended the quarter with $2.80 billion in cash, cash equivalents and restricted cash.
“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,” said Abel Avellan, chairman and CEO of AST SpaceMobile.
“In 2026, we expect to scale our space-based direct-to-device network from initial commercial activation toward the start of broader commercial service.”
AST SpaceMobile executives will discuss the quarter on an earnings call with investors and analysts at 5 p.m. ET.
ASTS Shares Fall After The Bell
ASTS Price Action: AST SpaceMobile shares were down 2.40% in after-hours, trading at $84.83 at the time of publication on Monday, according to Benzinga Pro.
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