earnings
confidence high
sentiment positive
materiality 0.80
AST SpaceMobile reports $70.9M FY2025 revenue; raised $1.075B convertible notes; cash $3.9B
AST SpaceMobile, Inc.
- Full year 2025 revenue $70.9M (Q4 $54.3M), from gateway deliveries and U.S. Government milestones.
- Over $1.2B in contracted revenue commitments; $175M prepayment from stc Group under 10-year deal.
- BlueBird 6 deployed (largest commercial LEO array); target 45–60 satellites in orbit by end of 2026.
- Pro forma cash, equivalents, restricted cash and liquidity of $3.9B as of Dec 31, 2025.
- Raised $1.075B in 10-year convertible notes at 2.250% coupon; conversion price $116.30 per share.