ASTS Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), ASTS reported revenue of $15M, gross profit of $3M (20.9% gross margin), operating income of −$149M, and net income of −$191M (-1296.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ASTS reported a net loss; revenue fell 0.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −0.0% | −55.5% | −462.6 pp |
Consensus estimate data is not available for this report.
ASTS Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $15M | 100% |
| Cost of Revenue | −$12M | 79.1% |
| Gross Profit | $3M | 20.9% |
| Research & Development | −$7M | 48.4% |
| Selling, General & Administrative | −$44M | 296.3% |
| Other Operating Expenses | −$102M | 690.3% |
| Operating Income | −$149M | -1014.0% |
| Interest Expense | −$24M | 164.8% |
| Other Income, net | −$75M | 507.1% |
| Income Tax Expense | −$1M | 7.9% |
| Net Income | −$191M | -1296.3% |
Source: original SEC filing (filed 2026-05-11). Accession 0001193125-26-216946. Data normalized by EarningsFyi.