Business Wire·Nov 10, 2026, 9:40 AM ET

Mobix Labs Revenue Surges 129% as Turnaround Accelerates

Mobix Labs reported preliminary, unaudited fiscal fourth-quarter revenue of approximately $1.81 million, a 129% sequential increase.
GAAP gross margin expanded more than threefold to approximately 44.5%, up from 12.9% in the prior quarter.
Product revenue rose approximately 171% sequentially while GAAP operating losses narrowed by roughly 11%.
The balance sheet showed a 46% reduction in accounts payable & a $5.2 million increase in stockholders' equity year-over-year.
Management anticipates continued revenue growth as the company builds on its fourth-quarter operating recovery.
Final financial results remain subject to year-end closing procedures, audit adjustments, & reconciliation.
The press release includes standard forward-looking statements regarding future performance, financing, & operational risks.