Quarterly ResultAug 10, 2026, 04:49 PM
AST SpaceMobile Q2 2026 Net Loss $230.9M; Revenue Jumps to $31.5M
AI Summary
AST SpaceMobile reported a net loss attributable to common stockholders of $230.9 million for the second quarter of 2026, widening from $99.4 million in the prior year. However, total revenues significantly increased to $31.5 million from $1.2 million year-over-year, driven by product and service sales. The company continued its satellite deployment efforts, successfully launching multiple Block 2 BlueBird satellites (BB6, BB8-BB13), though one satellite, BB7, was lost due to a launch anomaly. Net cash used in operating activities for the first half of 2026 was $145.2 million, reflecting ongoing investments in its space-based network.
Key Highlights
- Net loss attributable to common stockholders for Q2 2026 was $(230.9) million, compared to $(99.4) million in Q2 2025.
- Total revenues for Q2 2026 increased to $31.5 million from $1.2 million in Q2 2025.
- Net loss attributable to common stockholders for the six months ended June 30, 2026 was $(421.9) million, compared to $(145.1) million in H1 2025.
- Total revenues for the six months ended June 30, 2026 increased to $46.3 million from $1.9 million in H1 2025.
- Launched seven Block 2 BB satellites (BB6, BB8, BB9, BB10, BB11, BB12, BB13) during the period.
- BB7 Block 2 satellite was de-orbited due to a lower than planned orbit after a launch anomaly.
- Net cash used in operating activities for the six months ended June 30, 2026 was $(145.2) million.
- Total liabilities increased to $3.46 billion as of June 30, 2026, from $2.62 billion at December 31, 2025.
Price Impact
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