AST SpaceMobile Reports Q2 Earnings: Revenue Up 29% YOY, EPS Misses Consensus Estimate

AST SpaceMobile reported Q2 FY25 earnings with a loss of $0.19 per share, missing analyst expectations. However, sales increased 29% YoY to $1.16 million, also missing expectations. The company has $939.4 million in cash and is on track to launch 45-60 satellites by 2026, allowing for continuous service in key markets. Revenue for H2 2025 is expected to be between $50 million and $75 million.

Title: AST SpaceMobile Reports Q2 FY25 Earnings with Loss, but Shows Revenue Growth

AST SpaceMobile, Inc. (NASDAQ: ASTS) reported its second-quarter (Q2) FY25 earnings on August 11, after the closing bell. The company posted a loss of $0.19 per share, falling short of analyst expectations. However, the company's revenue increased by 29% year-over-year (YoY) to $1.16 million, also missing expectations. The company has $939.4 million in cash and is on track to launch 45-60 satellites by 2026, enabling continuous service in key markets. Revenue for the second half of 2025 is expected to be between $50 million and $75 million [3].

Key Highlights

Q2 FY25 Financial Performance:
- Loss per Share: $0.19
- Revenue: $1.16 million, up 29% YoY

Operational Updates:
- Strategic Partnerships: AST SpaceMobile entered a strategic partnership with Vodafone Idea (Vi) to bring satellite-based mobile connectivity directly to smartphones across India. This partnership, along with a collaboration with Fairwinds Technologies for defense applications, highlights the company's efforts to expand its market reach [1].
- Satellite Deployment: The company is set to deploy a total of 45-60 satellites by 2026, with orbital launches planned every one to two months during 2025 and 2026. Currently, six satellites are in orbit, including five fully operational and one test satellite [3].
- Debt Reduction: AST SpaceMobile retired $225 million in aggregate principal amount of its 2032 convertible notes, reducing its debt burden and cash interest obligations. This move allows the company to free up cash for research and development activities [1].

Market Competition and Outlook

AST SpaceMobile operates in a highly competitive market, facing competition from companies like SpaceX’s Starlink and Globalstar. Unfavorable macroeconomic conditions also continue to impact its operations. The company's earnings are expected to be influenced by these factors, and analysts are cautious about predicting an earnings beat [1].

Conclusion

While AST SpaceMobile reported a loss in Q2 FY25, the company's revenue growth and strategic partnerships indicate a positive trajectory. The upcoming satellite launches and debt reduction efforts are likely to support the company's long-term growth prospects. Investors should keep an eye on the company's progress and upcoming earnings reports for further insights into its financial health.

References

[1] https://www.nasdaq.com/articles/ast-spacemobile-post-q2-earnings-whats-cards
[2] https://www.theweek.in/news/sci-tech/2025/08/11/isro-s-lvm3-rocket-to-launch-ast-space-mobile-s-block-2-blue-bird-from-india.html
[3] https://www.businesswire.com/news/home/20250811977121/en/AST-SpaceMobile-Provides-Business-Update-and-Second-Quarter-2025-Results