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AST SpaceMobile — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue reached $42.3 million, up from $14.7 million in Q3 2025, driven by gateway deliveries and U.S. Government milestones; net loss was $132.4 million compared to $122.9 million in the prior year period.
  • The company maintains full-year revenue guidance of $150.0 million to $200.0 million with potential upside, while securing $1.0 billion in non-dilutive funding from Japan and targeting an additional $1.2 billion in U.S. quasi-governmental financing for 2027.
  • Operational milestones include nationwide intermittent service activation expected before end of 2026, a production run-rate target of six ASIC-enabled satellites per month by December 2026, and the validation of satellite beam handovers with AT&T.
  • Long-term debt increased to $4.08 billion as of September 30, 2026, while the company secured a $100 million Space Force contract and expanded spectrum authorizations in Brazil, with the proprietary Blacklift rocket development targeting late 2028 deployment.
Company
AST SPACEMOBILE INC
Sector
Technology
Industry
Communication Equipment