Story perspectives

AST SpaceMobile Reports $70.9M Revenue Amid $341.9M Loss

4/11/2026

Summary

Story summary

AST SpaceMobile, Inc. (ASTS) reported 2025 revenues of $70.9 million, primarily from Gateway hardware sales and government contracts.
The company posted a net loss of $341.9 million in 2025.
AST SpaceMobile strengthened its balance sheet with $2.8 billion in cash and raised over $1 billion from convertible notes in February 2026.
Plan to partner with major mobile network operators targets 3 billion subscribers contingent on satellite launches and regulatory approvals.

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Story summary

AST SpaceMobile, Inc. (ASTS) reported 2025 revenues of $70.9 million, primarily from Gateway hardware sales and government contracts.
The company posted a net loss of $341.9 million in 2025.
AST SpaceMobile strengthened its balance sheet with $2.8 billion in cash and raised over $1 billion from convertible notes in February 2026.
Plan to partner with major mobile network operators targets 3 billion subscribers contingent on satellite launches and regulatory approvals.