Mobix Labs posts preliminary fiscal Q4 revenue of about $1.81 million

Key Highlights

• Mobix Labs reported preliminary, unaudited fiscal fourth-quarter revenue of about $1.81 million.
• Gross margin rose to about 44.5% from 12.9% in the prior quarter.
• The company reported year-over-year reductions in accounts payable and total liabilities as of Sept. 30, 2026.

Mobix Labs Inc (Nasdaq: MOBX) released a mid-quarter business update with preliminary, unaudited financial results for its fiscal fourth quarter and fiscal year ended September 30, 2026, including higher sequential revenue and gross margin and lower losses compared with the prior quarter. The company said preliminary fourth-quarter revenue was approximately $1.81 million, up from $789,000 in the preceding quarter and above the upper end of its previously announced guidance range of $1.4 million to $1.8 million. Preliminary product revenue was approximately $1.43 million, up from $529,000 in the preceding quarter. This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice. Mobix Labs reported preliminary GAAP gross margin of approximately 44.5% in the quarter, compared with 12.9% in the preceding quarter. Preliminary GAAP gross profit was approximately $804,000, up from $102,000 in the preceding quarter. On profitability measures, the company reported a preliminary GAAP operating loss of approximately $6.56 million, compared with $7.35 million in the preceding quarter, and a preliminary GAAP net loss of approximately $9.09 million, compared with $16.80 million in the preceding quarter. The release also noted that approximately 36% of the reported operating loss included noncash expense of $2.36 million for stock-based compensation, before considering depreciation and amortization. For year-over-year context, Mobix Labs said preliminary fourth-quarter revenue declined approximately 4%, while GAAP gross margin was approximately 44.5% versus 50.5% in the prior-year quarter.

Balance sheet and full-year items

Mobix Labs also provided preliminary year-over-year balance-sheet comparisons as of September 30, 2026. Accounts payable decreased by approximately $4.11 million to $4.88 million, compared with $8.98 million one year earlier, while total liabilities declined by approximately $7.82 million to $29.63 million from $37.45 million. The company reported preliminary stockholders’ equity of approximately $4.87 million, compared with a stockholders’ deficit of approximately $336,000 one year earlier. For fiscal 2026, the company said preliminary results included approximately $12.30 million in stock-based compensation, $1.21 million in depreciation and amortization, and $9.91 million in losses associated with the extinguishment of notes payable and issuance of preferred shares and liability-classified warrants. It said those items totalled approximately $23.43 million, equivalent to about 56% of its preliminary GAAP net loss of $41.86 million, and noted that some amounts remain subject to final reconciliation. Mobix Labs said its ability to sustain the operating recovery and achieve future growth will depend in part on working capital availability, access to critical components, manufacturing capacity, customer demand and timely fulfilment of customer orders. The company said it expects to report final fiscal 2026 financial results in its Annual Report on Form 10-K, and cautioned that the preliminary figures are unaudited and subject to completion of year-end procedures and an independent audit.

The original press release is available on stockhouse.com