AST SpaceMobile, Inc.: Mixed — EPS -$0.44, Revenue $42.32M
Mixed ResultQ3 2026 · After-market
Did AST SpaceMobile, Inc. (ASTS) beat earnings today?
It was a mixed report for Q3 2026 — AST SpaceMobile, Inc. (ASTS) beat on EPS but missed on revenue.
Earnings Per Share+2.22% surprise
-$0.44Actual
Expected: -$0.45
vs. year ago +2.2%
Total Revenue-8.00% surprise
$42.32MActual
Expected: $46M
vs. year ago +187.1%
Released Nov 09 · 4:30 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $42.32M | $14.74M | +187.1% |
| Revenue detail — reported lines | |||
| └─Products revenues | $20.57M | $7.75M | +165.6% |
| └─Services revenues | $21.75M | $6.99M | +211.0% |
| Net loss attributable to common stockholders | ($132.38M) | ($122.87M) | -7.7% |
| GAAP Basic EPS | -$0.44 | -$0.45 | - |
| GAAP Diluted EPS | -$0.44 | -$0.45 | - |
Financial Outlook / Guidance
| Metric | FY26 Outlook | |
|---|---|---|
| Guidance | Expected | |
| Revenue | $150.0M-$200.0M | $167.24MIn-Line |
FY26 Outlook
- Revenue
- Guidance$150.0M-$200.0MExpected$167.24MIn-Line
Business Highlights
- ➤Expected intermittent nationwide coverage in initial key markets by year-end 2026.
- ➤Coverage rollout begins with partners in the United States, Canada, Japan, Saudi Arabia and United Kingdom.
- ➤Validated first-ever satellite beam handovers with AT&T.
- ➤Received Brazilian commercial-service authorization using combined 50 MHz S-band and low-band spectrum.
- ➤ASIC integration begins with BlueBird 34; production advances through BlueBird 51.
- ➤ASIC chip delivers a 10x improvement in processing bandwidth versus Block 1 BlueBird satellites.
- ➤Two Texas factories run full shifts toward six ASIC satellites monthly in December.
- ➤BlueBirds 11, 12 and 13 successfully unfolded and operate in orbit.
- ➤Targeting approximately 45 BlueBird satellites in orbit by mid-2027.
- ➤Launch agreements cover more than 100 BlueBird satellites for cumulative 2027-2028 deployment.
- ➤Announced Blacklift, a reusable 20-ton rocket capable of launching up to five BlueBirds.
- ➤Secured a DPAS priority rating for its dual-use government and commercial satellite program.
- ➤Awarded a U.S. Space Force SB-AMTI contract for advanced space-based sensing capabilities.
- ➤Japan’s J-LEO agreement provides approximately $1.0B in non-dilutive satellite manufacturing and launch funding.
Management Commentary
Abel Avellan, Chairman and Chief Executive Officer
“We advanced several important initiatives to support the global expansion of our space-based cellular broadband network and expect to work with all major mobile network operators in the United States and Europe, providing potential expansion of our commercial ecosystem of over 60 mobile network operators representing over 3 billion subscribers.”
Abel Avellan, Chairman and Chief Executive Officer
“We expanded our international commercial footprint, strengthened mobile network operator partnerships, and secured additional spectrum and regulatory authorizations. We also announced Blacklift, our proprietary 20-ton rocket, which is intended to provide greater control over launch availability, deployment schedules, and attractive ownership economics.”
Abel Avellan, Chairman and Chief Executive Officer
“On the manufacturing front, we are transitioning to full-scale ASIC integration beginning with BlueBird 34, while advancing production through BlueBird 51. We expect to achieve a production rate of six ASIC satellites per month in December of this year.”
Abel Avellan, Chairman and Chief Executive Officer
“Looking ahead, our priorities are to advance service readiness across our initial markets, complete the transition to ASIC-enabled production, and scale our constellation deployment. Through our partner-first strategy, we are expanding our scope of service and positioning AST SpaceMobile to become the direct-to-device partner of choice for mobile network operators, technology leaders and the United States Government, extending our total addressable market well beyond traditional direct-to-device cellular broadband. With additional launch capacity and manufacturing output expected to increase, we are focused on accelerating constellation deployment and capitalizing on this expanded opportunity.”