For Q1 FY2026 ended March 31, 2026, AST SpaceMobile reported revenue of $14.7 million, a 1,952% increase year-over-year. Net loss widened to $191.0 million from a loss of $45.7 million in the prior year. Cash and cash equivalents stood at $3.03 billion, while long-term debt was $2.96 billion.
•Revenue surged 1,952% YoY to $14.7 million.
•Net loss expanded to $191.0 million from $45.7 million.
•Cash balance of $3.03 billion; long-term debt of $2.96 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
AST SpaceMobile designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and applications, as well as for government use.
Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. Founded in 2017, the company is headquartered in Midland, Texas.
AST SpaceMobile designs and develops a constellation of BlueBird satellites to provide a cellular broadband network in space. The company's SpaceMobile service enables direct connectivity from space to standard smartphones, offering cellular broadband services to end-users who are outside terrestrial cellular coverage. This technology is designed for both commercial and government use, allowing users to stay connected in remote or underserved areas without needing specialized equipment. The company was founded in 2017 and is headquartered in Midland, Texas.
On which stock exchange is AST SpaceMobile (ASTS) listed and what is its trading currency?
AST SpaceMobile is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol ASTS. The trading currency for its shares is the US Dollar (USD). As a US-based company, it trades on a major American exchange, providing liquidity and accessibility to investors worldwide.
What sector and industry does AST SpaceMobile (ASTS) belong to?
AST SpaceMobile operates in the Technology sector and is classified under the Communication Equipment industry. This industry includes companies that design, manufacture, and sell communication equipment such as satellites, antennas, and related infrastructure. AST SpaceMobile specifically focuses on satellite-based communication technology, building a network of BlueBird satellites to deliver cellular broadband services directly to smartphones.
Where is AST SpaceMobile (ASTS) headquartered and what markets does it serve?
AST SpaceMobile is headquartered in Midland, Texas, United States. The company serves both commercial and government markets, providing cellular broadband services to end-users who are out of terrestrial cellular coverage. Its technology is designed for global use, targeting remote areas, rural regions, and other locations where traditional cell towers are unavailable. The company's SpaceMobile service aims to bridge the digital divide by enabling connectivity directly from space to standard smartphones.