AST SpaceMobile Q3 2025: Earnings Miss but $1B+ Contracted Revenue, Verizon & stc Deals, and EU SatCo Push Keep 2026 Rollout on Track
Published: November 11, 2025 MIDLAND, Texas — AST SpaceMobile (NASDAQ: ASTS) posted mixed third‑quarter results while highlighting more than $1 billion in contracted revenue commitments and a growing slate of commercial agreements that aim to propel its direct‑to‑device (D2D) satellite broadband service into a phased rollout through 2026. The numbers: AST SpaceMobile reported Q3 2025 revenue of $14.7 million and a loss of $0.45 per share, missing Wall Street’s estimates (revenue ~$19.9 million; loss ~$0.22 per share). Even so, results improved from the year‑ago period, when the company logged a $1.10 loss per share on $1.1 million in revenue. Shares