AST SpaceMobile posts wider Q2 loss after BlueBird 7 write-off
AST SpaceMobile's Q2 net loss widened to $230.9 million, driven partly by a $125.9 million write-off tied to the lost BlueBird 7 satellite.
what happened
AST SpaceMobile reported second-quarter 2026 revenue of $31.5 million and a net loss attributable to common stockholders of $230.9 million, up from a $99.4 million loss a year earlier, per 247wallst.com and MarketBeat. Total operating expenses reached $329.1 million, including a $125.9 million loss on involuntary conversion tied to the BlueBird 7 launch incident. The company's revenue backlog grew to approximately $1.3 billion in aggregate contracted revenue, and it reaffirmed full-year 2026 revenue guidance of $150 million to $200 million.
why it matters
The write-off is the financial tail of April's BlueBird 7 loss during a Blue Origin New Glenn launch, showing how insurance and write-off costs from a single satellite failure can swing a constellation operator's quarterly results even as underlying revenue and contracted backlog keep growing; MNO partners and investors watching AST's cash runway get a clearer read on how much launch risk is priced into the business.
signal-to-noise
quick facts
- Companies
- AST SpaceMobile
- Category
- financial
- Impact
- notable
- SNR
- 3 / 5
- Event date
- 2026-08-10
- Published
- 2026-08-11 05:36 UTC