AST SpaceMobile Q2 FY26 net loss widens to $230.91 million; revenue rises to $31.52 million

Reuters2026/08/10 20:55

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AST SpaceMobile posted Q2 revenue of $31.5 million, up from $1.16 million a year earlier; product revenue was $24.43 million, service revenue $7.09 million.
Net loss attributable to common stockholders widened to $230.91 million from $99.39 million; loss per share was $0.77 versus $0.41.
Total operating expenses climbed to $329.1 million from $74 million, including $125.91 million loss on involuntary conversion and $84.1 million in depreciation, amortization and stock compensation.
Backlog rose to about $1.3 billion; full-year 2026 revenue guidance reiterated at $150 million-$200 million, supported by additional U.S. government awards.
Constellation reached 13 spacecraft in orbit; BlueBird 14-16 set to ship soon, with BlueBird 17-46 in production as beta services are prepared for 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AST Spacemobile Inc. published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

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Druckenmiller, who was a long-term mentor to former U.S. Treasury Secretary Paul Volcker and Federal Reserve Chairman Alan Greenspan, stated that there is "no longer a need" for the Federal Reserve to cut interest rates. He characterized the recent sustained increase in yields as "a slow, fundamentally driven rise." Regarding AI, he commented: "We are likely in a profit bubble, as this AI craze will eventually come to an end," and revealed that he has reduced his AI-related holdings to 20% of what they were six months ago.

华尔街见闻•2026/09/10 18:51

Hawthorn Bancshares director Jonathan “Jon” Holtaway dies at 55

Reuters•2026/09/10 18:50