AST SpaceMobile Q2 2026 slides: satellites launch despite earnings miss
AST SpaceMobile reported a $31.5 million revenue for Q2 2026, falling short of the $35.18 million consensus. The company experienced an adjusted loss per share of $0.77, compared to the expected $0.26 loss, leading to a 4.42% drop in shares to $68.76. Despite the financial setback, AST SpaceMobile showcased substantial progress in its space-based cellular broadband network, with 13 satellites launched into orbit and a revenue backlog nearing $1.3 billion.
The company's sequential growth was driven by commercial gateway deliveries and U.S. government service milestone achievements.
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