Satellite broadband dark horse AST SpaceMobile (ASTS.US) sees a significant widening of losses, yet its backlog climbs to $1.3 billion, and with ample cash reserves, it continues to support constellation expansion.

According to Zhituo Finance APP, space mobile broadband operator AST SpaceMobile (ASTS.US) recently released its financial report for the second quarter of 2026 (ending June 30). During this period, it achieved revenue of $31.5 million, a significant increase compared to the same period last year, but lower than the market average expectation of $34.98 million; however, the net loss attributable to common shareholders reached $230.9 million, a substantial increase from the $99.4 million loss in the same period last year. AST SpaceMobile's quarterly loss per share was $0.77, far exceeding Wall Street's expectation of a loss per share of $0.28, and the performance was below market expectations.