AST SpaceMobile, Inc. (ASTS) Earnings Call Transcripts

AST SpaceMobile, Inc.'s Latest Earnings Call - May 18, 2026

In the first quarter of fiscal 2026, AST SpaceMobile, Inc. (ASTS:US) reported revenues of approximately $15 million, reiterating its full-year guidance of $150 million to $200 million. Management emphasized a significant ramp in revenue potential for 2027, targeting nearly $1 billion, driven by both commercial and government contracts. The company remains well-capitalized with $3.5 billion in cash, fully funded for over 100 satellites, and no plans for additional convertible debt, indicating a strong financial position as it transitions into a revenue-generating phase.

Reported metrics

Guidance from management

Management maintained its 2026 revenue guidance of $150 million to $200 million and indicated a strong potential for 2027 with nearly $1 billion in revenue, supported by existing contracts and government opportunities.

What management said

In terms of that backlog I quoted? Yes. Well, that's over the life of our contracts. So we've signed 2-year agreements, 5-year agreements, 6-year agreements, and it's 10-year agreement. So it's not back-end loaded or anything like that. It's kind of pro rata across those various terms and tenors. But you can think of over $100 million contribution in each year is out of the gate for sure.

I think we're already on that track. That is what the device manufacturers want to enable the frequencies that their MNO partners want to enable that will sell more phones. So I think there's a lot of momentum there. But the JV is doing enables a lot of the things that we were already help in enabling like device availability, spectrum pooling, which was a key rationale for how we brought AT&T and Verizon together ...

What analysts pressed on

Analysts expressed concerns about the competitive landscape following the announcement of a joint venture among major carriers, questioning whether this would impact ASTS's market position and moat. Additionally, there were inquiries about the timeline for satellite launches and the execution risks associated with their deployment strategy.

Main topics on the call

• Revenue Guidance Reiteration — ASTS reiterated its 2026 revenue guidance of $150 million to $200 million, with management stating, "we expect to grow quarterly sequentially into that $150 million to $200 million guidance during 2026." This guidance re...
• Significant 2027 Revenue Potential — Management highlighted a substantial revenue opportunity for 2027, estimating nearly $1 billion, stating, "we have signed up a couple of take-or-pay style long-term minimum revenue commitments." This suggests a strong fo...
• Launch and Deployment Strategy — ASTS aims to have approximately 45 satellites in orbit by year-end 2026. Management noted, "we feel really good about that timeline," indicating confidence in their launch schedule despite previous setbacks.
• Partnerships with Mobile Network Operators — The company has established partnerships with nearly 60 mobile network operators globally, covering approximately 3 billion subscribers. Management stated, "we see this new announcement this week very much in the same ve...

Read the full AST SpaceMobile, Inc. transcript (May 18, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 21 AST SpaceMobile, Inc. earnings call transcripts on record, spanning August 16, 2021 to May 18, 2026. Based on this history, AST SpaceMobile, Inc. reports quarterly. The most recent call on file is dated May 18, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ASTS

Exchange

NasdaqGS

Country

US

Sector

Communication Services

Industry

Diversified Telecommunication Services

Calls on record

21

First call

August 16, 2021

Most recent

May 18, 2026

Reporting cadence

quarterly