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Mobix Labs (MOBX) AI Stock Analysis
Mobix Labs
(NASDAQ:MOBX)
MOBX scores low primarily because of its fragile financial profile: shrinking revenue, losses several times larger than sales, roughly $19 million of annual cash burn, and a minimal equity cushion that makes the company dependent on dilutive outside funding. Technicals reinforce the caution, with the stock trading far below all major moving averages and negative MACD momentum, while the negative P/E and absence of a dividend leave no valuation support. A strategic pivot toward national security, critical minerals and a reported strong fiscal Q4 revenue quarter provide some optionality, but the terminated Vision Aerial deal and repeated financings temper that upside. This remains a speculative, financing-dependent situation.
Mobix Labs (MOBX) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $13.23M
- Dividend Yield
- ―
- Average Volume (3M)
- 5.94M
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- -1.21
- Revenue Growth
- -49.78%
- EPS Growth
- 43.36%
- Country
- US
- Employees
- 46
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
Mobix Labs Business Overview & Revenue Model
Company Description
Mobix Labs, Inc. is a fabless chip design firm focused on developing cutting-edge wireless and connectivity solutions. Their offerings cater to modern communication networks, specifically targeting C-Band and mmWave 5G technologies, alongside high-sp...
How the Company Makes Money
Mobix Labs primarily makes money by selling semiconductor and connectivity-related products and solutions to customers (typically OEMs and system designers) and recognizing revenue when those products are delivered/accepted under customer contracts....
Mobix Labs Earnings Call Summary
The earnings call highlighted significant revenue growth, strategic acquisitions, and improvements in operational losses, indicating strong business momentum. However, challenges remain in maintaining gross margins and providing revenue guidance, which introduces some uncertainty.
Q1-2025 Updates
Positive Updates
Negative Updates
Company Guidance
In Mobix Labs' fiscal year 2025 first quarter earnings call, the company reported robust financial performance and strategic advancements. For the quarter ending December 2024, Mobix Labs generated $3.17 million in revenue, marking a 7.3% sequential increase and an 11-fold rise compared to the same quarter last year. The adjusted gross margin was stable at 54.1%, slightly down from 56.6% in the previous quarter, demonstrating effective price discipline and cost management. The company also improved its adjusted loss from operations by 28.9%, reducing it to $2.5 million from $3.6 million in Q4. Cash reserves increased to $405,000, up from $266,000 last quarter. While Mobix Labs refrained from providing revenue guidance for the next quarter due to acquisition-related variability, they remain focused on long-term goals of achieving a 60% gross margin and a 30% adjusted operating margin. Strategic acquisitions, such as those of Spacecraft Components Corp and SCP Manufacturing, are expected to bolster their position in the aerospace and defense markets, contributing to sustained growth and shareholder value.
Mobix Labs Financial Statement Overview
Summary
Financials are very weak. TTM revenue of just $5.5 million fell about 22% year-over-year, while operating losses of $38.0 million and a net loss of $48.5 million run five to six times total sales. Operating and free cash flow were both negative $19.2 million — roughly 3.5x revenue — confirming the losses are real cash burn with no self-funding capability. The balance sheet is thin: equity only recently turned positive at $6.2 million against $7.3 million of debt, leaving the company dependent on continued external financing and exposed to dilution. The only genuine positives are a much improved gross margin (roughly 40-51% versus negative in FY2023) and low absolute debt and capital intensity.
Income Statement
8Very NegativeBalance Sheet
25NegativeCash Flow
7Very Negative| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.52M | 9.91M | 6.44M | 1.22M | 3.31M | 435.00K |
| Gross Profit | 1.82M | 5.01M | 2.55M | -396.00K | 457.00K | 138.00K |
| EBITDA | -42.11M | -41.74M | -18.87M | -34.91M | -22.43M | -12.20M |
| Net Income | -48.50M | -46.13M | -20.03M | -39.62M | -23.87M | -19.99M |
Balance Sheet | ||||||
| Total Assets | 34.93M | 37.11M | 39.09M | 18.75M | 15.48M | 18.88M |
| Cash, Cash Equivalents and Short-Term Investments | 2.14M | 3.27M | 266.00K | 89.00K | 178.00K | 1.01M |
| Total Debt | 7.31M | 6.55M | 4.88M | 8.19M | 6.30M | 3.41M |
| Total Liabilities | 28.69M | 37.45M | 33.56M | 24.09M | 24.90M | 18.95M |
| Stockholders Equity | 6.25M | -336.00K | 5.53M | -5.34M | -9.42M | -63.00K |
Cash Flow | ||||||
| Free Cash Flow | -19.24M | -10.14M | -18.43M | -15.26M | -321.01K | -12.39M |
| Operating Cash Flow | -19.23M | -10.11M | -18.39M | -14.63M | -321.01K | -10.94M |
| Investing Cash Flow | -19.00K | 1,000 | -1.11M | -633.00K | 70.17M | -1.39M |
| Financing Cash Flow | 21.15M | 13.12M | 19.67M | 15.17M | -69.91M | 13.07M |
Mobix Labs Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MOBX, the sentiment is Negative. The current price of 0.74 is below the 20-day moving average (MA) of 0.81, below the 50-day MA of 0.93, and below the 200-day MA of 2.25, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 43.68 is Neutral, neither overbought nor oversold. The STOCH value of 73.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MOBX.
Mobix Labs Risk Analysis
Mobix Labs disclosed 60 risk factors in its most recent earnings report. Mobix Labs reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksMobix Labs Peers Comparison
Overall Rating
SQNS51Neutral
LEDS49Neutral
PXLW48Neutral
GCTS41Neutral- MOBX41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| SQNS | 51Neutral | $38.13M | -0.22 | -135.06% | ― | -33.68% | ― |
| LEDS | 49Neutral | $16.96M | -15.77 | -43.09% | ― | -16.64% | -79.86% |
| PXLW | 48Neutral | $30.85M | 0.47 | 434.73% | ― | ― | ― |
| GCTS | 41Neutral | $103.01M | -1.38 | 73.41% | ― | -32.83% | -19.93% |
| MOBX | 41Neutral | $13.37M | -0.10 | -998.81% | ― | -49.78% | 43.36% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MOBX | Mobix Labs Inc | 0.74 | -6.02 | -89.11% | |
| PXLW | Pixelworks | 5.10 | -1.24 | -19.56% | |
| LEDS | SemiLEDs Corporation | 2.05 | -1.25 | -37.88% | |
| SQNS | Sequans Communications S | 2.50 | -4.60 | -64.79% | |
| GCTS | Gct Semiconductor Holding, Inc. Class A | 1.12 | -0.31 | -21.68% |
Mobix Labs Corporate Events
Mobix Labs Ends Vision Aerial Merger Agreement
NegativeOn October 14, 2026, Mobix Labs, Inc. terminated its Agreement and Plan of Merger with Vision Aerial, Inc., originally signed on July 24, 2026, after the contractual termination date expired without the deal closing. The company cited delays in due d...
Mobix Labs Highlights Critical Minerals Strategy and Growth
PositiveOn October 8, 2026, Mobix Labs hosted an investor update call outlining its critical minerals strategy and broader National Security Matters platform. Management highlighted that its agreed acquisition of Special Project Delivery (SPD) is central to...
Mobix Labs Highlights National Security Platform to Investors
PositiveOn October 8, 2026, Mobix Labs, Inc. conducted an investor update call in which it presented materials on its national security platform initiative. The company furnished the investor presentation to the market via a Current Report on Form 8-K, signa...
Mobix Labs Highlights Drone Growth via Vision Aerial Deal
PositiveOn August 31, 2026, Mobix Labs highlighted the growth outlook of Vision Aerial, the American drone maker it agreed to acquire on July 24, 2026, as part of its strategy to build a broader national-security technology platform. Vision Aerial projects r...
Mobix Labs Raises New Funding and Amends Agreements
PositiveOn August 28, 2026, Mobix Labs raised new funding by issuing a $1.2 million senior secured convertible promissory note to Leviston Resources at a $1 million purchase price and amending prior agreements, while also selling Series A 10% Convertible Pre...
Mobix Labs to Acquire Special Project Delivery in Stock Deal
PositiveOn August 13, 2026, Mobix Labs, Inc. announced a definitive all-stock agreement to acquire Special Project Delivery, Inc., a U.S. infrastructure development platform focused on rare earth elements, critical minerals, energy infrastructure and Western...
Mobix Labs to Acquire Vision Aerial in Stock Deal
PositiveOn July 24, 2026, Mobix Labs, Inc. agreed to acquire Vision Aerial, Inc. through a two-step merger structure designed to qualify as a tax-efficient reorganization under Section 368(a) of the Internal Revenue Code. Vision Aerial will ultimately be mer...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 19, 2026