AST SpaceMobile Stock Plunges as Q2 Earnings Miss Analyst Expectations

AST SpaceMobile's stock price dropped 2.8% in pre-market trading to $66.82 on August 11, after the company posted Q2 2026 results that missed analyst expectations on both revenue and earnings.

The company reported revenue of $31.52 million, below the expected $35 million consensus, and an EPS of -$0.77, well below the anticipated -$0.37 analysts had projected.

A significant portion of the loss was attributed to a $125.9 million charge related to the BB7 satellite launch incident, which pushed the quarterly loss beyond market expectations.

Despite missing expectations, AST SpaceMobile's revenue grew 2,617% year-over-year, reflecting the company's early-stage development.