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Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Chris Schoell | UBS | 9 questions · 0% challenging |
| Bryan Kraft | Deutsche Bank | 9 questions · 22% challenging |
| Colin Canfield | Cantor Fitzgerald | 8 questions · 0% challenging |
| Chris Quilty | Quilty Space | 7 questions · 14% challenging |
| Louie DiPalma | William Blair | 6 questions · 0% challenging |
| Greg Pendy | Clear Street | 6 questions · 0% challenging |
| Scott Searle | ROTH Capital Partners | 6 questions · 0% challenging |
| Griffin Boss | B. Riley Securities | 5 questions · 0% challenging |
| Mike Crawford | B. Riley Securities | 5 questions · 0% challenging |
| Mike Funk | Bank of America | 4 questions · 0% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| B. Riley Securities | 2 analysts | 10 questions · 0% challenging |
| UBS | 1 analyst | 9 questions · 0% challenging |
| Quilty Space | 2 analysts | 9 questions · 11% challenging |
| Deutsche Bank | 1 analyst | 9 questions · 22% challenging |
| Cantor Fitzgerald | 1 analyst | 8 questions · 0% challenging |
| William Blair | 1 analyst | 6 questions · 0% challenging |
| Clear Street | 1 analyst | 6 questions · 0% challenging |
| ROTH Capital Partners | 1 analyst | 6 questions · 0% challenging |
AST SpaceMobile reported $14.7 million in Q1 2026 revenue, up sharply from a negligible prior-year base, driven by commercial gateway deliveries and U.S. government service milestones, though revenue declined sequentially as management guided. The company reiterated full year 2026 revenue guidance of $150 million to $200 million and framed the 2027 revenue opportunity as approaching $1 billion of largely contracted or recurring revenue. Execution centered on scaling satellite manufacturing toward roughly 45 Bluebird satellites in orbit by year-end, backed by approximately $3.5 billion in cash, even as the loss of Bluebird 7 in a New Glenn anomaly underscored launch-cadence risk. Capital intensity stayed high, with Q1 capital expenditures of approximately $257 million guided to rise to a range of $575 million to $650 million in Q2. With FCC commercial authorization secured, nearly 60 MNO partners covering over 3 billion subscribers, and a growing U.S. government pipeline tied to Golden Dome, the quarter reflected steady progress toward commercial service activation.
Product Launch | Innovation & R&D | Competitive Dynamics | Capex Investment | Demand | Revenue Growth | Regulation Policy | Capital Allocation | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 2 | 3 | 1 | 3 | 1 | 1 | ||
| 2025Q1 | 6 | 5 | 1 | 1 | 1 | 1 | ||
| 2025Q2 | 2 | 3 | 1 | 3 | 2 | 1 | ||
| 2025Q3 | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 3 |
| 2025Q4 | 1 | 1 | 1 | 1 | 3 | 1 | ||
| 2026Q1 | 3 | 4 | 2 | 3 | 1 | 2 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Product Launch | 2 | 6 | 2 | 4 | 1 | 3 |
| Innovation & R&D | 3 | 5 | 1 | 1 | 4 | |
| Competitive Dynamics | 1 | 1 | 3 | 3 | 1 | 2 |
| Capex Investment | 3 | 1 | 1 | 1 | 3 | |
| Demand | 1 | 3 | 1 | 1 | 1 | |
| Revenue Growth | 1 | 1 | 1 | 3 | ||
| Regulation Policy | 2 | 1 | 1 | 2 | ||
| Capital Allocation | 1 | 1 | 3 |
What ASTS and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“That's AST SpaceMobile mobile.”
AT&T is working closely with AST SpaceMobile as its primary direct-to-device satellite partner, putting most of its R&D toward AST's product, a supportive signal for AST's commercialization.
“interfacing directly with Nokia Innovis and MNO course over standard 3GPP protocols.”
ASTS's ground gateway architecture interfaces directly with Nokia's RAN and MNO cores over standard 3GPP protocols, a supplier signal for Nokia's role in the network integration.
“any thoughts if Neutron from Roget Labs is available in 2027 on what type of capacity and if that would be a potential other partner in the launch strategy?”
An analyst floats Rocket Lab's Neutron as a potential 2027 launch partner for ASTS's constellation; management declines to comment on specific providers beyond Blue Origin and SpaceX.
“we announced an agreement with TELUS as our second partner in Canada, who also made an equity investment in ASTS”
ASTS signed TELUS as its second Canadian MNO partner, and TELUS also made an equity investment in ASTS, deepening its direct-to-device commitment.
“enabling direct-to-device connectivity in the U.S. on premium low-band spectrum in coordination with our partners, Verizon, AT&T and FirstNet.”
ASTS's FCC commercial authorization enables U.S. direct-to-device on premium low-band spectrum in coordination with Verizon, a signal for Verizon's satellite-to-phone connectivity plans.
“enabling direct-to-device connectivity in the U.S. on premium low-band spectrum in coordination with our partners, Verizon, AT&T and FirstNet.”
ASTS received FCC commercial authorization for U.S. direct-to-device service on premium low-band spectrum in coordination with AT&T and FirstNet, a signal for AT&T's satellite-to-phone strategy.
“So we're obviously here talking about, in the case of Globalstar on a very small fraction of that.”
ASTS's CEO frames Globalstar's spectrum as a very small fraction of what broadband needs, positioning its Amazon-backed offering as SOS/emergency capacity rather than a broadband competitor.
“what do you view as the impact of Amazon's acquisition of Globalstar. And do you view any potential partnership opportunities with Amazon”
An analyst asks about Amazon's entry into direct-to-device via its Globalstar acquisition; ASTS management downplays the competitive impact, arguing broadband requires far more spectrum than Amazon/Globalstar hold.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $2M | — | $-0.18 | +48.6% | -2620.6% | -1869.5% | $-110M |
| FY2025 Q1 | $718,000 | +43.6% | $-0.20 | -25.0% | -8769.2% | -6365.7% | $-149M |
| FY2025 Q2 | $1M | +28.4% | $-0.41 | +19.6% | -6297.3% | -8598.1% | $-354M |
| FY2025 Q3 | $15M | +1239.9% | $-0.45 | +59.1% | -540.6% | -833.7% | $-303M |
| FY2025 Q4 | $54M | +2731.3% | $-0.28 | -55.6% | -133.1% | -136.2% | $-331M |
| FY2026 Q1Selected | $15M | +1952.2% | $-0.66 | -230.0% | -1014.0% | -1296.3% | $-310M |
| FY2026 Q2 | $32M | +2626.6% | $-0.77 | -87.8% | -944.1% | -732.6% | $-695M |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
No 8-K events recorded for this window.
Calendar quarter Q1 2026Earnings call May 11, 2026
FY2026 Q1 in brief
AST SpaceMobile reported $14.7 million in Q1 2026 revenue, up sharply from a negligible prior-year base, driven by commercial gateway deliveries and U.S. government service milestones, though revenue declined sequentially as management guided.
Newest quarter FY2026 Q2 is part of Pro · see what Pro adds →
Sources. Tellvest earnings-call sentiment score for AST SpaceMobile, Inc. (ASTS), FY2026 Q1: 8/10. Scores: AST SpaceMobile, Inc.’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: ASTS daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
GAAP revenue YoY +1952.2% → base 8. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
ASTS AST SpaceMobile, Inc. | 8 | +1952.2% | |
| CHTR Charter Communications | 4 | -1.0% | |
| CMCSA Comcast | 6 | +5.3% | |
| T AT&T | 6 | +2.9% | |
| VZ Verizon Communications Inc. | 6 | +2.9% |