Mobix Labs Turnaround Accelerates: Revenue Surges 129% as Gross Margin More Than Triples
Business Wire•10/11/2026•08:00 ET
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Key Highlights
- ➤Revenue $1.81 million, up 129% sequentially and above $1.4-$1.8 million guidance
- ➤Product revenue $1.43 million, up 171% sequentially
- ➤GAAP gross margin 44.5%, up from 12.9%, a 3,160-basis-point expansion
- ➤GAAP net loss narrowed 46% sequentially to $9.09 million
- ➤Total liabilities fell 21% year over year to $29.63 million
Expert Statements
Phil Sansone, Chief Executive Officer of Mobix Labs
“Our preliminary fourth-quarter results represent an important milestone in Mobix Labs' ongoing turnaround”
Phil Sansone, Chief Executive Officer of Mobix Labs
“Revenue more than doubled sequentially, gross margin expanded from approximately 13% to nearly 45%, and operating losses narrowed.”
Phil Sansone, Chief Executive Officer of Mobix Labs
“At the same time, we made meaningful progress in reducing liabilities and improving stockholders' equity.”
Phil Sansone, Chief Executive Officer of Mobix Labs
“These results demonstrate the progress we are making in restoring operating momentum following earlier working capital constraints.”
Phil Sansone, Chief Executive Officer of Mobix Labs
“We anticipate continued revenue growth as we build on this recovery and remain focused on improving financial and operating performance.”
Mobix Labs Turnaround Accelerates: Revenue Surges 129% as Gross Margin More Than Triples
Preliminary, unaudited fourth-quarter results highlight 171% product revenue growth, narrowing operating losses and significant balance-sheet liability reductions
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