Key Highlights
- Mobix Labs reported preliminary fiscal fourth-quarter revenue of about $1.81 million, up 129% sequentially.
- Preliminary GAAP gross margin rose to about 44.5% from 12.9% in the prior quarter.
- The company cited new production orders tied to fighter jets, aircraft engines and security sensing.
Mobix Labs, Inc. (Nasdaq: MOBX) reported preliminary, unaudited fiscal fourth-quarter revenue of approximately $1.81 million and a GAAP gross margin of about 44.5%, according to a momentum update covering the past 120 days.
The company said the revenue figure was up 129% from $789,000 in the preceding quarter and above its previously issued guidance range of $1.4 million to $1.8 million. Mobix Labs also reported that product revenue rose about 171% and that GAAP operating loss narrowed by about 11% versus the prior quarter.
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Mobix Labs attributed the quarters improvement in part to progress on earlier working-capital constraints that had limited its ability to buy components, build inventory and fill customer orders. It said the recovery was balanced across its two operating businesses: EMI Solutions, which supplies electromagnetic interference (EMI)-filtered connectors for military and commercial aircraft, and RaGE Systems, which builds wireless systems. The company said higher-margin shipments from RaGE Systems were the primary driver of the gross margin improvement.
Orders cited across defence, aerospace and security
Mobix Labs said it secured an initial production order in September for components supporting the F-16 Fighting Falcon, with EMI-filtered connectors manufactured by its EMI Solutions unit at a military-approved facility in Irvine, California. The company said the order followed an approximately five-fold increase in orders supporting the F-22 Raptor that it announced earlier in the year.
In November, Mobix Labs said it received new six-figure production orders from a tier-one global aerospace and defence supplier for engine-system components used across multiple U.S. fighter jet platforms and wide-body commercial aircraft. The company said its custom connectors are used to protect engine control and monitoring electronics from electromagnetic interference.
Mobix Labs also said it announced a multi-unit follow-on production order of more than $1 million in September for threat-detection sensor subsystems from a security-technology provider, along with a repeat production order for about 1,500 components for Gulfstream aircraft.
Preliminary results and timing
Mobix Labs said all fiscal fourth-quarter and year-end financial information in the release is preliminary and unaudited, and remains subject to completion of year-end closing procedures and an independent audit. For year-over-year context, the company said preliminary fourth-quarter revenue declined about 4%, while GAAP gross margin was about 44.5% compared with 50.5% in the prior-year quarter.
The company said it expects to report final fiscal 2026 results in its Annual Report on Form 10-K.
The original press release is available on stockhouse.com
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