Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTCris TolomiaTue, August 11, 2026 at 2:35 PM GMT+2 2 min readAST SpaceMobile reported second-quarter revenue of $31.5 million, falling short of analyst expectations, while reaffirming its full-year revenue guidance of $150 million to $200 million.The $34.5 million analyst consensus, cited by The Wall Street Journal, went unmet. AST SpaceMobile attributed the period's revenue to gateway deliveries and progress against contractual milestones on U.S. government work.The net loss attributable to common stockholders came in at $230.9 million, or 77 cents a share, against $99.4 million, or 41 cents a share, in the year-ago quarter. On the cost side, total operating expenses jumped to $329.1 million from $164.1 million in the prior quarter, with a $125.9 million loss on involuntary conversion among the largest line items.AST SpaceMobile's revenue backlog now stands at roughly $1.3 billion, encompassing contracts with both commercial partners and U.S. government customers. The company noted it has collected over $125 million in cumulative government funding directed at national-security use cases.The full-year guidance is supported in part by additional contract awards from the U.S. government, the company said. The Wall Street Journal reported that the FactSet analyst consensus had pegged full-year revenue at $155.7 million.With six spacecraft launched in under 50 days, AST SpaceMobile has brought its in-orbit total to 13 satellites. Three additional BlueBirds — numbers 14, 15, and 16 — are close to shipment-ready, and satellites 17 through 46 remain at various points along the production and assembly pipeline. The company is targeting a beta-service launch with certain mobile-network partners before year-end 2026.AST SpaceMobile's commercial roster includes deals with upward of 60 mobile-network operators whose combined customer bases exceed 3 billion subscribers. The company said network integration and testing activities are underway across European markets with Vodafone, Orange, Telefónica, Vodafone Ukraine, and Deutsche Telekom, as well as in Canada, Japan, and Saudi Arabia, subject to regulatory approvals.The results come after a difficult stretch for the company's constellation-building effort. Earlier this year, Blue Origin's New Glenn rocket placed BlueBird 7 into the wrong orbit, destroying the satellite and sending AST SpaceMobile stock down sharply. The company said an insurance policy absorbed the financial impact of the loss and that replacement satellites were being prepared.As of June 30, 2026, AST SpaceMobile held approximately $2.7 billion in cash, cash equivalents, and restricted cash. In July, it raised $1.15 billion in gross proceeds from a convertible notes offering.AST SpaceMobile stock fell 3.7% in after-hours trading Monday.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info