News/Earnings/May 11, 2026

AST SpaceMobile Q1 2026 revenue $14.7 million; net loss widens to $191.0 million

AST SpaceMobile reported first-quarter 2026 revenue of $14.7 million, up from $0.7 million a year earlier, with product revenue of $13.4 million. The net loss attributable to common stockholders widened to $191.0 million, or $0.66 per share, as operating expenses rose to $164.1 million. The company reaffirmed 2026 revenue guidance of $150 million to $200 million and a target of about 45 satellites in orbit this year.

  • Q1 2026 revenue $14.7 million (product $13.4 million, services $1.3 million) vs $0.7 million in Q1 2025
  • Net loss attributable to common stockholders $191.0 million, $(0.66) per share
  • 2026 revenue guidance $150.0 million to $200.0 million, about half from existing contracted backlog
  • Block 1 satellite reached a 98.9 Mbps peak speed to an unmodified smartphone
  • Cash, equivalents and restricted cash about $3.5 billion at March 31, 2026
Source
SEC EDGAR (Form 8-K, Exhibit 99.1)
May 11, 2026
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