Ast Spacemobile, Inc. (ASTS)
NASDAQ:ASTS
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Earnings Data
Report Date
Aug 17, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.32Last Year’s EPS
-0.41Same Quarter Last Year
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented substantial progress across technology, manufacturing scale-up, partner contracts, regulatory approvals and a strong cash position — supported by a notable on-orbit performance milestone (98.9 Mbps) and a plan to nearly double peak speeds with Block II satellites and ASIC/AI enhancements. However, the company faces timing and execution risks (launch anomaly with Blue Origin, lumpy revenue recognition tied to milestone timing, rising operating expenses and heavy, variable near-term capex). On balance, the positive operational and commercial developments, large contracted revenue backlog, FCC authorization, and robust liquidity outweigh the execution and timing risks discussed on the call.Company Guidance
ASIC and Bandwidth Capability Increase
Custom ASIC integrated into production, designed to support up to 10 GHz of processing bandwidth per satellite versus ~1 GHz on FPGA-based units — a 10x increase in managed bandwidth per satellite that should drive higher simultaneous capacity.
Multi-Provider Launch Strategy and 2026 Launch Target
Multi-launch provider approach (SpaceX, Blue Origin, contracted heavy launch partners and equivalents) with a target of ~45 satellites in orbit by year-end 2026. Satellite stacking capability described: up to 8 per New Glenn, 5 per Vulcan, 3 per Falcon 9.
Commercial and Operator Partnerships
Ecosystem of nearly 60 global MNO partners covering over 3 billion subscribers (including AT&T, Verizon, Vodafone, Rakuten, STC, Bell, Telus). New commercial partnerships announced (e.g., Telus in Canada with equity investment; Axiom Telecom in Africa) and $1.2 billion in contracted commercial revenue commitments.
Regulatory Approval in the U.S.
Received FCC authorization to operate the Bluebird satellite constellation commercially in the United States on premium low-band spectrum (in coordination with Verizon, AT&T and FirstNet), enabling direct-to-device connectivity in the U.S.
IP Portfolio and Technology Position
Extensive intellectual property: approximately 3,900 patents and patent-pending claims supporting unique direct-to-device space-based cellular broadband architecture and integration with MNO cores over 3GPP standards.
Government Contract Execution and Pipeline
Executed milestones across multiple U.S. government contracts in Q1 (including work under Space Development Agency programs and other prime contractors). Company cites multiple recent awards and growing government pipeline expected to meaningfully contribute to 2026 revenue.
Q1 Revenue and 2026 Guidance Reiteration
Reported revenue of $14.7 million in Q1 2026 (driven by U.S. government milestones and commercial gateway deliveries). Company reiterated full-year 2026 revenue guidance of $150 million to $200 million and projects 2027 revenue approaching $1 billion.
Strong Balance Sheet and Financing
Cash, cash equivalents and restricted cash of approximately $3.5 billion as of March 31, 2026 (includes February convertible notes offering with a 2.25% 10-year coupon and effective strike price of $116.30 per share), providing substantial runway to fund constellation build and near-term launches.
Manufacturing Scale-Up and Vertical Integration
Over 0.5 million sq. ft. of manufacturing/operations space; Bluebird 11–33 in advanced assembly stages and phased arrays completed through Bluebird 28. Company targets a cadence of 6 fully assembled satellites per month and states ~95% vertical integration with over 1,000 people dedicated to composite structures.
On-Orbit Performance Milestone — High Data Rate
Achieved a peak downlink speed of 98.9 Mbps to unmodified consumer smartphones using on-orbit Block 1 Bluebird satellites over international waters. Management expects Block II Bluebird satellites to nearly double that peak (implying ~200 Mbps peak potential) as additional spectrum, ASIC and AI features are deployed.
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
ASTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $82.55 | $72.96 | -11.62% |
Mar 02, 2026 | $86.92 | $92.68 | +6.63% |
Nov 10, 2025 | $68.70 | $67.89 | -1.18% |
Aug 11, 2025 | $45.92 | $49.76 | +8.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ast Spacemobile, Inc. (ASTS) report earnings?
Ast Spacemobile, Inc. (ASTS) is schdueled to report earning on Aug 17, 2026, After Close (Confirmed).
What is Ast Spacemobile, Inc. (ASTS) earnings time?
Ast Spacemobile, Inc. (ASTS) earnings time is at Aug 17, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASTS EPS forecast?
ASTS EPS forecast for the fiscal quarter 2026 (Q2) is -0.32.
