Filing Flows › AST SpaceMobile (ASTS) › Q2 2026
AST SpaceMobile (ASTS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
AST SpaceMobile (ASTS) reported revenue of $31.5M for the second quarter 2026 (Q2 2026), up 27-fold from a year earlier and +114% from the quarter before. Operating margin was -948.0%, net loss $300M (951.5% of revenue).
AST SpaceMobile, Q2 2026: revenue $31.5M (27× year over year), operating margin -948.0%, net loss $300M, operating cash flow −$97.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $31.5M | +114% | 27× |
| Operating profit | −$299M | — | — |
| Net earnings | −$300M | — | — |
| Operating cash flow | −$97.2M | — | — |
What changed
Revenue was $31.5M in Q2 2026, up 2627% year over year and up 114% from the previous quarter. Product was the largest line at 78% of revenue. Product added $24.4M year over year (up 48756%), 80% of the total change.
Operating costs exceeded revenue by $298.8M, an operating margin of -948.0%. Total costs grew 142% against revenue growth of 2627%. The fastest-growing cost line was Other operating costs (+152%). The quarter ended with a net loss of $299.9M, wider than the previous quarter's $249.6M loss. Minority interests bore $69.0M of it: to shareholders the quarter was a loss of $230.9M.
Operating cash flow was −$97.2M. Non-cash charges added back $20.7M of depreciation and amortization and $63.5M of share-based compensation. Working capital and other items added $118.6M. Capital expenditures of $597.6M exceeded it, leaving free cash flow of −$694.8M.
Questions
What was AST SpaceMobile's revenue in the second quarter 2026?
AST SpaceMobile (ASTS) reported revenue of $31.5M for the second quarter 2026 (Q2 2026), up 27-fold from a year earlier and +114% from the quarter before.
Was AST SpaceMobile profitable in the second quarter 2026?
Operating loss was $299M (-948.0% of revenue) and net loss $300M.
Source: AST SpaceMobile 10-Q on SEC EDGAR.