AST SpaceMobile generated significant Q4 revenue growth year-over-year, primarily from product and service revenues tied to gateway deliveries and government contracts. However, the company continued to report substantial net losses as operating expenses and infrastructure investments remained elevated.

AST SpaceMobile reported a modest increase in revenue driven by government contract milestones and gateway deliveries, but continued to operate at a significant net loss as it invests in infrastructure and commercialization.

In Q2 2025, AST SpaceMobile posted revenue of 1,156,000, EPS of -0.41, and a net loss of 99,394,000. Cash and cash equivalents stood at 923,647,000 and total assets were 1,881,362,000, supporting plans to deploy 45–60 satellites by 2026 and begin intermittent U.S. service in late 2025.

AST SpaceMobile reported a net loss of $45.7 million for Q1 2025, with revenues of $0.718 million. The company is progressing with its satellite launch plans and commercialization efforts, anticipating revenue generation in the second half of 2025.

AST SpaceMobile achieved revenue of $1.92 million in Q4 2024 while continuing to expand its commercial agreements and satellite deployment efforts. However, the company reported a net loss of $35.86 million as it ramps up operations. Total operating expenses decreased slightly year-over-year, and cash reserves remained strong at $567.5 million, ensuring sufficient funding for future satellite manufacturing and deployment.

AST SpaceMobile reported its Q3 2024 results, achieving successful initial operations of its first five BlueBird satellites, securing orbital launch capacity for future satellites, expanding its customer ecosystem with new U.S. Government contracts, and maintaining a strong balance sheet with $518.9 million in cash, cash equivalents, and restricted cash.

AST SpaceMobile is preparing for the launch of its first five commercial satellites in September. Verizon has joined as a strategic investor and customer, contributing a $100 million financial commitment. Initial Block 2 BlueBird planning and production of 17 satellites are underway.

AST SpaceMobile reported cash, cash equivalents, and restricted cash of $212.4 million as of March 31, 2024. The company is on track for July or August delivery of 5 Block 1 satellites to Cape Canaveral and signed a 6-year definitive commercial agreement with AT&T for SpaceMobile Service.

AST SpaceMobile reported a net loss attributable to common stockholders of $31.9 million, or $0.35 per share, for the fourth quarter of 2023. Total operating expenses for the quarter were $60.9 million, including $22.3 million of depreciation and amortization and stock-based compensation expense. The company ended the quarter with $88.1 million in cash, cash equivalents, and restricted cash.

AST SpaceMobile reported the first-ever space-based 5G cellular broadband connection and is on track to launch its first five commercial satellites in Q1 2024. Total operating expenses for the third quarter of 2023 were $59.0 million and cash, cash equivalents, and restricted cash of $135.7 million.

AST SpaceMobile achieved space-based 4G LTE cellular broadband capabilities to everyday smartphones, reaching speeds above 10 Mbps during BlueWalker 3 testing. They completed a comprehensive financing package providing up to $179 million of cash and liquidity.

AST SpaceMobile achieved a significant milestone by completing the first-ever direct voice connection from its BlueWalker 3 test satellite to everyday cellular devices. Manufacturing is underway in Midland, Texas, with the planned launch of five Block 1 BlueBird satellites in Q1 2024. The company ended the quarter with $185.7 million in cash, cash equivalents, and restricted cash.

AST SpaceMobile reported an increase in total operating expenses, driven by higher research and development and engineering services costs, offset by a decrease in general and administrative costs. The company ended the quarter with $239.3 million in cash, cash equivalents, and restricted cash. They continue to make progress on their BlueWalker 3 testing and Block 1 BlueBird program.

AST SpaceMobile reported an increase in total operating expenses, driven by increased research and development costs. The company successfully launched and unfolded the BlueWalker 3 test satellite and is planning to launch five Block 1 BlueBird satellites in late 2023. They ended the quarter with $199.5 million in cash, cash equivalents, and restricted cash.

AST SpaceMobile reported its Q2 2022 business update, highlighting the completion of the BlueWalker 3 test satellite assembly and its transportation to Cape Canaveral, FL, with a planned launch window in early to mid-September. The company also reported cash and cash equivalents of $202.4 million and an increase in total operating expenses to $35.4 million.

AST SpaceMobile reported strong momentum across the business, advancing industrialization activities and progressing towards the planned summer launch of BlueWalker 3 satellite. The company ended the quarter with $255.1 million in cash, cash equivalents, and restricted cash.

AST SpaceMobile provided a business update for Q4 and fiscal year ended December 31, 2021, highlighting the near completion of BlueWalker 3 assembly and testing, advancements in production spacecraft design, facility investments, and strengthened relationships with mobile network operators.

AST SpaceMobile provided a business update for the third quarter of 2021, highlighting progress in the build, integration, and testing of the BlueWalker 3 satellite and the agreement to purchase an additional facility in Midland, Texas, to increase satellite production capacity.

AST SpaceMobile provided a business update for the second quarter of 2021, noting significant progress since its public market debut on April 7th. The company is advancing towards the launch of its next prototype spacecraft, BlueWalker 3, expected in March 2022, and finalizing the design of its next-generation production spacecraft, BlueBird 1.