8-KCurrent report
Results of operations
✓ VerifiedAST SpaceMobile reported Q2 2026 revenue of $31.5 million, grew its constellation to 13 in-orbit spacecraft, raised revenue backlog to approximately $1.30 billion, and holds over $3.7 billion in pro forma cash.
7.01 Reg FD disclosure
Filed Aug 10, 2026 · 16:38 ET
Summary
- Second quarter 2026 revenue was $31.5 million, driven by gateway deliveries and U.S. Government milestones, with the company reaffirming full year 2026 revenue guidance of $150.0 million to $200.0 million.
- Following the orbital launch of BlueBirds 11, 12, and 13, the network grew to 13 in-orbit spacecraft with approximately 20,000 square feet of combined aperture hardware, and BlueBird 17 through BlueBird 46 are in various stages of production and assembly.
- Revenue backlog increased to approximately $1.30 billion in aggregate contracted revenue with commercial partners and U.S. Government contract awards, including multiple awards with an aggregate value of over $125 million supporting national-security applications.
- Total operating expenses for Q2 2026 were $329.1 million, an increase of $165.0 million versus $164.1 million in the first quarter of 2026, including a $125.9 million loss on involuntary conversion.
- As of June 30, 2026, the company held cash, cash equivalents, and restricted cash of approximately $2.7 billion, with over $3.7 billion pro forma for the convertible notes offering.
- In July 2026, AST SpaceMobile raised $1.150 billion of gross proceeds from a new 1.625% convertible senior notes offering with an effective conversion price of $149.20 per share.
Key facts
- Q2 2026 revenue
- $31.5 million
From the filing for Q2 2026 revenue
“Second quarter revenue was $31.5 million from commercial and government customers, consistent with plans for quarterly revenue ramp during 2026”
- Full year 2026 revenue guidance
- $150.0 million to $200.0 million
From the filing for Full year 2026 revenue guidance
“On track to achieve full year 2026 revenue guidance of $150.0 million to $200.0 million, supported by additional contract awards from the U.S. Government”
- Revenue backlog
- approximately $1.30 billion
From the filing for Revenue backlog
“Revenue backlog increased to approximately $1.30 billion in aggregate contracted revenue with commercial partners and contract awards with the United States Government”
- In-orbit spacecraft
- 13 spacecraft
From the filing for In-orbit spacecraft
“our space-based cellular broadband network has now grown to 13 spacecraft in orbit, each the largest ever in low Earth orbit, with approximately 20,000 square feet of combined aperture hardware deployed”
- Total operating expenses
- $329.1 million
From the filing for Total operating expenses
“Total operating expenses for the second quarter of 2026 were $329.1 million, including $84.1 million of depreciation and amortization and stock-based compensation expense”
- Loss on involuntary conversion
- $125.9 million
From the filing for Loss on involuntary conversion
“a $125.9 million loss on involuntary conversion”
- Cash position
- approximately $2.7 billion
From the filing for Cash position
“As of June 30, 2026, we had cash, cash equivalents, and restricted cash of approximately $2.7 billion”
- July 2026 convertible notes
- $1.150 billion, 1.625%
From the filing for July 2026 convertible notes
“In July 2026, raised $1.150 billion of gross proceeds from a new 1.625% convertible senior notes offering, with an effective conversion price of $149.20 per share and effective dilution of less than 2%”
Why it mattersThe results disclose constellation growth to 13 satellites, a backlog of approximately $1.30 billion, and a fortified balance sheet with over $3.7 billion pro forma cash ahead of planned beta service in 2026.
- Filed
- Aug 10, 2026
- Accepted
- 2026-08-10 20:38Z
- Period
- Aug 10, 2026
- Accession no.
- 0001193125-26-342540
- Size
- 10.7 MB
- Index
- Filing index