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Will AST SpaceMobile's H2 2025 total revenue meet or exceed the low end of guidance ($50M)?

Resolves April 15, 2026(48d)
IG: 0.80

Current Prediction

91%
Likely Yes
Model Agreement84%
Predictions9 runs
Last UpdatedFebruary 19, 2026

Prediction History

Initial
30%
Feb 8
+61pp
Current
91%
Feb 19
8-K filing: preliminary FY2025 revenue $63-71M

Preliminary FY2025 revenue of $63-71M disclosed in Feb 11, 2026 8-K implies H2 revenue of ~$59-67M, well above the $50M threshold. Prediction shifted from 30% to 91% YES as the key uncertainty (whether Q4 would deliver $35.3M+) is now largely answered by SEC-filed preliminary data.

Why This Question Matters

Management guided H2 2025 revenue of $50-75M after Q2's $1.15M miss (79% below expectations). Q3 delivered $14.7M, meaning Q4 must deliver $35-60M to meet the range. This is the nearest-term testable signal and directly affects credibility of management's forward claims including the $1B+ contracted revenue figure. A significant miss would escalate ACCOUNTING_INTEGRITY (guidance credibility) and EXPECTATIONS_PRICED (management forecasting track record). Meeting guidance would partially validate the revenue trajectory narrative.

ACCOUNTING_INTEGRITYEXPECTATIONS_PRICEDNARRATIVE_REALITY_GAP

Prediction Distribution

0%25%50%75%100%
opus
sonnet
haiku
Range: 76%95%Aggregate: 91%
Individual Predictions(9 runs)
opusRun 1
95%

The Feb 11, 2026 8-K disclosed preliminary FY2025 revenue of $63-71M. With Q1+Q2 at approximately $3-4M, implied H2 2025 revenue is $59-67M, well above the $50M threshold. These figures were disclosed in connection with a $1B convertible notes offering, giving management strong legal incentive for accuracy. The only path to NO is a >14% downward audit revision of preliminary figures, which is extremely rare for SEC-filed preliminary results.

Preliminary FY2025 revenue of $63-71M disclosed in 8-K implies H2 2025 revenue of $59-67M, exceeding the $50M threshold by $9-17MFigures disclosed to institutional investors in connection with $1B convertible offering create strong legal liability for accuracyEven worst-case scenario (lowest preliminary figure + highest plausible H1 estimate) implies H2 revenue near or above $50M
opusRun 2
95%

Preliminary FY2025 revenue of $63-71M was disclosed in a Feb 11 8-K filing for a $1B convertible offering. With H1 revenue of approximately $3-4M (Q1 minimal, Q2 $1.15M), implied H2 revenue is $59-67M, well above the $50M threshold. Even the most conservative scenario (FY $63M, H1 $4M) yields H2 of $59M. The only path to NO requires a >15% downward audit revision of preliminary figures disclosed to institutional investors, which is extremely rare.

Preliminary FY2025 revenue of $63-71M disclosed in SEC 8-K filing implies H2 revenue of $59-67M, comfortably above $50M thresholdFigures were disclosed to institutional investors pricing a $1B convertible offering, providing strong accuracy incentive and reducing revision riskResidual risk of downward audit revision exists but would need to be historically unprecedented in magnitude (>15%) to change the outcome
opusRun 3
94%

Preliminary FY2025 revenue of $63-71M was disclosed in an SEC 8-K filing connected to a $1B convertible notes offering, giving management strong legal incentive for accuracy. With H1 2025 revenue of approximately $2-3M (Q1 minimal, Q2 reported at $1.15M), implied H2 2025 revenue is ~$60-68M, well above the $50M threshold. For this market to resolve NO, the preliminary figures would need a downward audit revision of 15%+, which occurs in fewer than 2-3% of cases for 8-K preliminary disclosures tied to capital raises.

Preliminary FY2025 revenue of $63-71M disclosed in SEC 8-K filing for $1B convertible offering implies H2 revenue of ~$60-68MH1 2025 revenue well-established at ~$2-3M from filed quarterly reports, leaving bulk of FY revenue in H2Material downward revision from 8-K preliminary figures to final 10-K is historically very rare (sub-3%), especially when disclosed to institutional investors in offering context
sonnetRun 1
93%

The Feb 11, 2026 8-K disclosed preliminary FY2025 revenue of $63-71M (unaudited), filed in connection with a $1B convertible notes offering — a context that creates strong accuracy incentives. With Q1-Q3 2025 revenue totaling approximately $17M, implied H2 2025 revenue is approximately $46-54M at the low end of FY guidance, comfortably meeting the $50M threshold. The primary residual risk is that H1 revenue was materially higher than estimated, but Q2's reported $1.15M and Q1's 'minimal' characterization make this unlikely.

Preliminary FY2025 revenue of $63-71M disclosed in Feb 11 8-K (SEC filing, offering context creates accuracy incentive)Q1-Q3 2025 revenue ~$17M implies H2 ~$46-54M at low end — meets $50M threshold at most scenariosResidual risk: H1 revenue higher than ~$4M estimated would reduce implied H2, but Q2 was only $1.15M and Q1 was 'minimal'
sonnetRun 2
91%

The Feb 11, 2026 8-K disclosed preliminary FY2025 revenue of $63-71M (unaudited), filed in connection with a $1B convertible notes offering — a context that strongly incentivizes accuracy with institutional investors. With Q1-Q3 2025 revenue totaling approximately $17M, implied H2 2025 revenue is approximately $46-54M at the low end and $54-67M at the high end, which clears the $50M threshold at the midpoint and above.

Preliminary FY2025 revenue of $63-71M disclosed via SEC 8-K for $1B convertible offering — strong accuracy incentive with institutional investorsImplied H2 2025 revenue of ~$46-67M brackets the $50M threshold: at low end ($63M FY) with ~$17M H1, H2 is ~$46M, barely below; at midpoint and above H2 clears $50M comfortablyResidual downside risk: audit revision of preliminary figures, or H1 revenue higher than ~$3-4M estimated, could push H2 below $50M
sonnetRun 3
76%

The Feb 11 8-K discloses preliminary FY2025 revenue of $63-71M. With Q1-Q3 at ~$17M, implied Q4 revenue spans ~$46-54M. Only the low end of the preliminary range ($63M FY) would result in a miss, while the midpoint and above yield H2 >= $50M. The disclosure was made in an SEC 8-K Item 2.02 in connection with a $1B convertible offering, giving management strong incentive for accuracy. Preliminary-to-final audit revisions material enough to shift the outcome are uncommon, but not impossible.

Preliminary FY2025 revenue of $63-71M disclosed in 8-K implies H2 of ~$46-54M — the midpoint and above clears the $50M thresholdOffering-context disclosure (pricing a $1B convertible note) provides strong management incentive to present accurate figuresQ1+Q2 revenue estimate (~$3-4M) is well-anchored by Q2 reported figure ($1.15M) and Q1 described as 'minimal'
haikuRun 1
78%

Material update from Feb 11 8-K discloses preliminary FY2025 revenue of $63-71M (unaudited). With Q1+Q2 at ~$3-4M and Q3 at $14.7M, implied H2 2025 revenue is ~$46-54M, meeting or exceeding the $50M threshold in most scenarios. Discount reflects preliminary/unaudited status pending 10-K audit and prior 79% Q2 guidance miss undermining management credibility.

FY2025 preliminary revenue $63-71M disclosed in SEC filing for capital raiseImplied H2 2025 revenue ~$46-54M (midpoint ~$50M), likely meets thresholdManagement credibility undermined by Q2 79% miss, but SEC filing for fundraising has strong accuracy incentive
haikuRun 2
86%

Preliminary FY2025 revenue of $63-71M disclosed in Feb 11, 2026 8-K filing implies H2 revenue of ~$59-67M, well above the $50M threshold. Even at the conservative low end ($63M FY), H2 2025 would be ~$46M — only $4M short of guidance. Residual risks include preliminary-to-audited downward revision (~5%) and higher-than-estimated Q1-Q3 revenue (~8%).

Preliminary FY2025 revenue of $63-71M from 8-K filing implies H2 ~$59-67M, decisively above $50M thresholdQ1-Q3 2025 estimated at ~$17M; even conservative estimates support H2 >= $50MPreliminary figures disclosed for $1B convertible offering carry high reputational cost for material misstatement
haikuRun 3
77%

Material update (Feb 11, 2026 8-K) discloses preliminary FY2025 revenue of $63-71M. With Q1-Q3 at ~$17M, H2 reaches ~$46-54M, comfortably exceeding the $50M threshold even at low end after accounting for conservative H1 estimates. 8-K disclosure for $1B offering pricing carries strong institutional accuracy incentive.

FY2025 preliminary revenue $63-71M from SEC 8-K provides near-definitive H2 estimateImplied H2 revenue ~$46-54M exceeds $50M threshold at most scenariosRare but possible audit downward revision reduces confidence by ~3 percentage points

Resolution Criteria

Resolves YES if AST SpaceMobile's combined Q3 + Q4 2025 GAAP revenue (as reported in the FY2025 10-K or Q4 2025 earnings release) equals or exceeds $50M. Resolves NO if combined H2 2025 GAAP revenue is below $50M. Q3 2025 revenue of $14.7M is already reported; this effectively tests whether Q4 2025 revenue reaches approximately $35.3M or higher.

Resolution Source

AST SpaceMobile FY2025 10-K filing, Q4 2025 8-K earnings release, or earnings call transcript

Source Trigger

Q4 2025 revenue vs H2 guidance ($50-75M)

fugazi-filterACCOUNTING_INTEGRITYHIGH
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