EarningsQ2 2026 Earnings Report
MX:ASTS Q2 2026 EPS Results
Actual EPS-$13.07
Consensus EPS-$5.35
Beat/MissMissed by -$7.72
One Year Ago EPS-$6.96
MX:ASTS Q2 2026 Revenue Results
Actual Revenue$535.08M
Expected Revenue$586.25M
Beat/MissMissed by -$51.17M
YoY Revenue Growth+2626.64%
Earnings Announcement Details
QuarterQ2 2026
Date08/10/2026
TimeAfter Close
Conference CallMonday, August 10, 2026
MX:ASTS Upcoming Earnings
AST SpaceMobile's next earnings date is estimated for November 16, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:ASTS Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented substantial operational and commercial progress—doubling quarterly revenue, a larger backlog (~$1.3B), strong partnerships (>60 MNOs/3B subscribers), production scale-up, government awards, and a fortified balance sheet (> $3.7B pro forma)—which are meaningful positives. Offsetting these are material near-term cash burn and CapEx, rising operating expenses, execution risk tied to launches and regulatory spectrum access, and timing uncertainty for scaled commercial service. On balance, the strategic wins, funding runway, and early commercialization signals notably outweigh the operational risks and near-term spending profile.Company Guidance
Q2 Revenue Growth
Recognized $31.5 million in revenue in Q2 2026, more than doubling Q1 revenue (>100% sequential increase), driven by commercial gateway deliveries and U.S. government milestone achievements.
Strengthened Backlog and Contract Awards
Increased revenue backlog to approximately $1.3 billion in aggregated contracted revenue, including multiple U.S. government awards and the preliminary Rakuten J-LEO selection (up to ~$1.0 billion in non-dilutive government capital).
Robust Balance Sheet and Financing
Pro forma cash, cash equivalents and restricted cash of over $3.7 billion after closing a $1.15 billion convertible notes offering (1.625% coupon) with an effective conversion price of $149.20 and indicated effective dilution under ~2%.
Expanding Commercial Ecosystem
Over 60 mobile network operator partners covering more than 3 billion subscribers globally (including AT&T, Verizon, Vodafone, Rakuten, STC, Bell Canada, Telus), strengthening go-to-market reach.
Satellite Manufacturing & Scale Progress
13 BlueBird satellites in orbit; BlueBirds 11–13 recently launched; BlueBirds 14–16 in final testing; production through BlueBird 46 underway; target manufacturing cadence ~6 fully assembled satellites per month and ~45 BlueBirds in orbit by early 2027.
Gateway Deployment Progress
Delivered 13 gateways to 7 customers across 5 continents in Q2 and progressing ~50 gateways across 20 markets for network rollout and integration testing in Europe, Japan and other regions.
ASIC and Performance Improvements
ASIC now in full production; expecting to nearly double peak data speed from the 98.9 Mbps seen on Block 1 BlueBirds; ASIC designed to support up to 10 GHz processing bandwidth per satellite (~10x improvement vs in-orbit Block 1) with further AI-enabled gains targeted.
Spectrum and Technical Differentiation
Satellite technology tunable across ~1,150 MHz (low- and mid-band) with a path to ~100 MHz of combined U.S. spectrum (partner MNO + owned access) and over ~60 MHz globally; proprietary IP of ~3,900 patents/pending and large phased arrays highlighted as competitive advantages.
Government Market Traction
Three new U.S. government contract awards announced with funded near-term value of over $100 million across 2026–2027; company projects government revenue scaling into recurring multibillion-dollar annual opportunities beginning in 2027.
MX:ASTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed