Mobix Labs Posts Record Margin, Strong Gross Profit Growth, and Major Operating Gains in Third Quarter 2025
Mobix Labs (NASDAQ:MOBX), a provider of advanced connectivity solutions, reported exceptional Q3 2025 financial results with significant improvements across key metrics. The company achieved a record adjusted gross margin of 60.6%, up from 42.7% in Q2 2025, while adjusted gross profit grew 32.7% quarter-over-quarter to $1.42 million.
Revenue reached $2.35 million, representing a 14.2% year-over-year increase. The company demonstrated strong operational improvement with adjusted loss from operations reducing by 64.2% to $1.17 million compared to the previous quarter. Additionally, Mobix Labs announced an unsolicited proposal to acquire Peraso, Inc. at a 20% premium, showcasing its aggressive M&A strategy in the mmWave wireless sector.
Mobix Labs (NASDAQ:MOBX), fornitore di soluzioni avanzate per la connettività, ha comunicato risultati finanziari eccellenti per il Q3 2025 con miglioramenti significativi nelle principali metriche. L'azienda ha raggiunto un margine lordo rettificato record del 60,6%, in aumento rispetto al 42,7% del Q2 2025, mentre il margine lordo rettificato è cresciuto del 32,7% trimestre su trimestre fino a 1,42 milioni di dollari.
I ricavi hanno raggiunto i $2,35 milioni, con un incremento del 14,2% su base annua. La società ha mostrato un marcato miglioramento operativo con la perdita operativa rettificata ridotta del 64,2% a 1,17 milioni di dollari rispetto al trimestre precedente. Inoltre, Mobix Labs ha annunciato una proposta non sollecitata per acquisire Peraso, Inc. con un premio del 20%, sottolineando la sua strategia aggressiva di M&A nel settore wireless mmWave.
Mobix Labs (NASDAQ:MOBX), proveedor de soluciones avanzadas de conectividad, informó resultados financieros excepcionales en el 3T 2025 con mejoras significativas en métricas clave. La compañía alcanzó un margen bruto ajustado récord del 60,6%, frente al 42,7% en el 2T 2025, mientras que el beneficio bruto ajustado creció un 32,7% trimestre a trimestre hasta 1,42 millones de dólares.
Los ingresos ascendieron a $2,35 millones, lo que supone un aumento interanual del 14,2%. La empresa mostró una fuerte mejora operativa, con la pérdida operativa ajustada reducida en un 64,2% hasta 1,17 millones de dólares respecto al trimestre anterior. Además, Mobix Labs anunció una oferta no solicitada para adquirir Peraso, Inc. con una prima del 20%, lo que pone de manifiesto su agresiva estrategia de fusiones y adquisiciones en el sector inalámbrico mmWave.
Mobix Labs (NASDAQ:MOBX)는 첨단 연결 솔루션 제공업체로서 2025년 3분기에 주요 지표 전반에서 큰 개선을 보이며 우수한 실적을 발표했습니다. 회사는 조정 총이익률 60.6%(사상 최고)를 기록했으며, 이는 2025년 2분기의 42.7%에서 상승한 수치이고, 조정 총이익은 전분기 대비 32.7% 증가한 1.42백만 달러였습니다.
매출은 $2.35 million을 기록해 전년 동기 대비 14.2% 증가했습니다. 회사는 조정 영업손실을 전분기 대비 64.2% 줄여 1.17백만 달러로 운영 측에서 큰 개선을 나타냈습니다. 또한 Mobix Labs는 Peraso, Inc. 인수를 위해 20% 프리미엄을 제시하는 비공식 제안을 발표하며 mmWave 무선 분야에서 공격적인 M&A 전략을 드러냈습니다.
Mobix Labs (NASDAQ:MOBX), fournisseur de solutions de connectivité avancées, a publié d'excellents résultats financiers pour le T3 2025 avec des améliorations significatives sur les indicateurs clés. La société a atteint une marge brute ajustée record de 60,6%, contre 42,7% au T2 2025, tandis que le bénéfice brut ajusté a augmenté de 32,7% d'un trimestre à l'autre pour atteindre 1,42 million de dollars.
Le chiffre d'affaires s'est élevé à 2,35 millions de dollars, soit une hausse de 14,2% en glissement annuel. L'entreprise a montré une nette amélioration opérationnelle, la perte d'exploitation ajustée ayant été réduite de 64,2% à 1,17 million de dollars par rapport au trimestre précédent. De plus, Mobix Labs a annoncé une proposition non sollicitée visant à acquérir Peraso, Inc. avec une prime de 20%, illustrant sa stratégie agressive de fusions-acquisitions dans le secteur mmWave sans fil.
Mobix Labs (NASDAQ:MOBX), Anbieter fortschrittlicher Konnektivitätslösungen, meldete herausragende Finanzergebnisse für das Q3 2025 mit deutlichen Verbesserungen bei zentralen Kennzahlen. Das Unternehmen erzielte eine bereinigte Bruttomarge von 60,6% (Rekord), nach 42,7% im Q2 2025, während der bereinigte Bruttogewinn vierteljährlich um 32,7% auf 1,42 Millionen US-Dollar wuchs.
Der Umsatz belief sich auf $2,35 Millionen, was einem Anstieg von 14,2% gegenüber dem Vorjahr entspricht. Operativ zeigte das Unternehmen starke Fortschritte: Der bereinigte Betriebsverlust wurde im Vergleich zum Vorquartal um 64,2% auf 1,17 Millionen US-Dollar gesenkt. Zudem kündigte Mobix Labs ein unverlangtes Übernahmeangebot für Peraso, Inc. mit einem Aufschlag von 20% an und unterstreicht damit seine aggressive M&A-Strategie im mmWave-Wireless-Segment.
- Record adjusted gross margin of 60.6%, up significantly from 42.7% last quarter
- Adjusted gross profit increased 32.7% QoQ and 71.1% YoY to $1.42 million
- Revenue grew 14.2% year-over-year to $2.35 million
- Adjusted loss from operations improved 64.2% to $1.17 million
- Strategic acquisition proposal of Peraso Inc. at 20% premium
- Company continues to operate at a loss despite improvements
- Revenue growth slower than gross profit growth, indicating potential scaling challenges
Insights
Mobix Labs shows impressive margin expansion and profit growth despite modest revenue, suggesting successful strategic shift to high-margin products.
Mobix Labs delivered a standout quarter highlighted by record adjusted gross margins of
The margin expansion translated directly to the bottom line, with adjusted gross profit reaching
Perhaps most encouraging is the
The nine-month metrics reinforce this positive trajectory, with adjusted gross profit up
Beyond the financials, Mobix is leveraging its acquisition of RaGE Systems to strengthen its position in aerospace and defense markets, while simultaneously pursuing more aggressive M&A with a premium offer for Peraso, Inc. This dual approach of organic improvement and strategic acquisitions appears aimed at consolidating the mmWave wireless sector.
While the absolute revenue figure of
~ Record Adjusted Gross Margin –
~ Strong Adjusted Gross Profit Growth – up
~ Year-over-Year Revenue Growth –
IRVINE, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs” or the “Company”), a leading provider of advanced connectivity solutions, today announced financial results for its third fiscal quarter and nine months ended June 30, 2025.
“Mobix Labs delivered one of its strongest quarters ever, achieving record adjusted gross margins, substantial gross profit growth, and a sharp improvement in operating results,” said Phil Sansone, CEO of Mobix Labs. “These results demonstrate the power of our focus on high-margin products, operational discipline, and deep customer relationships in driving sustained performance and long-term shareholder value.”
Financial Highlights for Q3 2025
- Record Adjusted Gross Margin – Adjusted gross margin increased to
60.6% in Q3 2025, up from42.7% in the prior quarter and40.3% in the same quarter last year, reflecting a significant shift toward higher-margin products and operational efficiency. - Substantial Growth in Adjusted Gross Profit – Adjusted gross profit rose to
$1.42 million in Q3 2025, a32.7% increase from$1.07 million in the prior quarter and a71.1% increase from$0.83 million in the same quarter last year. - Year-over-Year Revenue Growth – Revenue increased
14.2% year-over-year to$2.35 million compared to$2.06 million in Q3 2024, reflecting strong demand despite expected quarterly shipment timing variances. - Sharp Improvement in Operating Results – Adjusted loss from operations improved to
$1.17 million , a64.2% reduction from the$3.27 million loss reported in the prior quarter. - Sustained Nine-Month Momentum – For the first nine months of fiscal 2025, adjusted gross profit increased to
$4.21 million , up239.5% from$1.24 million in the same period last year, with adjusted gross margin expanding to52.4% from35.6% .
Recent Business Highlights
- Leveraging RaGE Systems to Accelerate High-Value Programs – Continued integration of RaGE Systems, a Lowell, Massachusetts-based engineering firm specializing in wireless systems and aerospace and defense product development, is enabling Mobix Labs to deliver faster, turnkey solutions from concept through production, strengthening our position in aerospace and defense markets.
- Deepened Aerospace & Defense Relationships – Expanded adoption of Mobix Labs’ EMI and connectivity solutions by top-tier defense contractors, positioning the Company for multi-year program opportunities.
- Accelerating M&A Strategy – Mobix Labs accelerated its M&A strategy by announcing an unsolicited, non-binding proposal to acquire Peraso, Inc. at a
20% premium to its 30-day average share price, signaling the Company’s strategic commitment to expanding its market presence, accelerating revenue growth, and delivering enhanced value to shareholders through consolidation within the mmWave wireless sector - Investing in the Future of Connectivity – Ongoing focus in expanding product offering in RF/mmWave, EMI filtering, and next-generation connectivity products is creating a robust pipeline of high-margin solutions for emerging 5G, aerospace, and defense applications.
Non-GAAP Financial Measures
In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses certain non-GAAP measures of financial performance, including:
- Adjusted Gross Profit, which is defined as GAAP Gross Profit excluding amortization of acquisition-related intangible assets, inventory write-offs and stock-based compensation expense;
- Adjusted Loss from Operations, which is defined as GAAP Loss from Operations excluding depreciation, amortization of acquisition-related intangible assets, merger and acquisition-related expenses, inventory write-offs and stock-based compensation expense.
The Company’s management believes it is useful to consider these non-GAAP financial measures, together with the corresponding GAAP financial measures, as they provide more transparency into current business trends, exclusive of the effects of certain non-cash expenses, acquisition-related charges, and items that may not be present in comparative fiscal periods. Management believes that, when considered together with reported GAAP financial measures, these non-GAAP financial measures are useful to investors and management in understanding the Company’s ongoing operations and operating trends and in analyzing the Company’s underlying financial performance.
These non-GAAP financial measures are not intended to be considered in isolation from, as a substitute for, or superior to, the comparable GAAP measures. These non-GAAP financial measures may be different from similarly titled measures used by other companies. In the future, Mobix may consider whether other items should also be excluded in calculating the non-GAAP financial measures it uses. Management believes that the presentation of these non-GAAP financial measures provides investors with additional useful information to measure Mobix Labs’ financial and operating performance. In particular, these measures facilitate comparison of our operating performance between periods and may help investors to understand better our operating results. Internally, management uses these non-GAAP financial measures in assessing the Company's operating results and in planning and forecasting. A reconciliation of these non-GAAP financial measures to the most comparable GAAP measure is contained in the financial tables to this press release.
About Mobix Labs, Inc.
Mobix Labs, Inc. (Nasdaq: MOBX) is a high-growth provider of advanced connectivity solutions for wireless, defense, and aerospace applications. The Company designs and delivers leading-edge technologies in RF, EMI filtering, and next-generation connectivity that enable faster, more reliable communications and higher performance for mission-critical systems. Mobix Labs serves a diverse customer base that includes top-tier defense contractors and aerospace innovators. Mobix Labs is building a robust platform for sustainable growth and long-term shareholder value.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are generally identified by words such as “anticipate,” “believe,” “expect,” “intend,” “plan,” “project,” “will,” “may,” “should,” “could,” “would,” “continue,” and other similar expressions. These forward-looking statements include, but are not limited to, statements regarding the Company’s expectations, intentions, strategies, and beliefs concerning future events, including anticipated growth in aerospace, defense, and high-margin product markets; continued operational improvements; expansion of customer relationships; product development pipelines; market opportunities; profitability; and shareholder value creation. These statements are based on the Company’s current expectations and beliefs and are subject to a number of risks, uncertainties, and assumptions that are difficult to predict, including, without limitation, risks associated with: customer adoption and demand in targeted industries; timing and success of product development and commercialization; competitive pressures; supply chain constraints; geopolitical and defense spending trends; and those factors described in the “Risk Factors” section of the Company’s most recent filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
Actual results could differ materially from those expressed or implied in the forward-looking statements due to these and other factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this release, whether as a result of new information, future events, or otherwise.
Contacts
Media Contact:
Chris Lancaster, Mobix Labs, Inc.
clancaster@mobixlabs.com
Investor Contact:
Ryan Battaglia, Mobix Labs, Inc.
rbattaglia@mobixlabs.com
| Mobix Labs, Inc. | ||||||||
| Condensed Consolidated Balance Sheets | ||||||||
| (unaudited, in thousands, except share and per share amounts) | ||||||||
| June 30, 2025 | September 30, 2024 | |||||||
| ASSETS | ||||||||
| Current assets | ||||||||
| Cash | $ | 240 | $ | 266 | ||||
| Accounts receivable, net | 1,482 | 2,813 | ||||||
| Inventory | 1,246 | 1,725 | ||||||
| Prepaid expenses and other current assets | 708 | 467 | ||||||
| Total current assets | 3,676 | 5,271 | ||||||
| Property and equipment, net | 388 | 1,177 | ||||||
| Intangible assets, net | 13,926 | 15,211 | ||||||
| Goodwill | 16,066 | 16,066 | ||||||
| Operating lease right-of-use assets | 295 | 1,022 | ||||||
| Other assets | 204 | 341 | ||||||
| Total assets | $ | 34,555 | $ | 39,088 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
| Current liabilities | ||||||||
| Accounts payable | $ | 10,650 | $ | 10,833 | ||||
| Accrued expenses and other current liabilities | 10,130 | 10,325 | ||||||
| Deferred purchase consideration | 2,323 | 2,380 | ||||||
| Notes payable, current | 1,980 | 398 | ||||||
| Notes payable - related parties, current | 998 | 1,743 | ||||||
| Operating lease liabilities, current | 615 | 428 | ||||||
| Total current liabilities | 26,696 | 26,107 | ||||||
| Notes payable, noncurrent | - | 200 | ||||||
| Notes payable - related parties, noncurrent | 1,382 | 1,082 | ||||||
| Earnout liability | 1,190 | 1,680 | ||||||
| Deferred tax liability | 305 | 320 | ||||||
| Operating lease liabilities, noncurrent | 700 | 1,024 | ||||||
| Other noncurrent liabilities | 3,857 | 3,145 | ||||||
| Total liabilities | 34,130 | 33,558 | ||||||
| Stockholders' equity | ||||||||
| Common stock, | - | - | ||||||
| Additional paid-in capital | 135,284 | 109,987 | ||||||
| Accumulated deficit | (134,859 | ) | (104,457 | ) | ||||
| Total stockholders' equity | 425 | 5,530 | ||||||
| Total liabilities and stockholders' equity | $ | 34,555 | $ | 39,088 | ||||
| Mobix Labs, Inc. | ||||||||||||||||
| Condensed Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||||||
| (unaudited, in thousands, except share and per share amounts) | ||||||||||||||||
| Three months ended June 30, | Nine months ended June 30, | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Net revenue | $ | 2,350 | $ | 2,058 | $ | 8,030 | $ | 3,488 | ||||||||
| Cost of revenue | 1,001 | 1,327 | 3,974 | 2,608 | ||||||||||||
| Gross profit | 1,349 | 731 | 4,056 | 880 | ||||||||||||
| Research and development | 486 | 1,369 | 1,816 | 4,328 | ||||||||||||
| Selling, general and administrative | 8,208 | 8,710 | 32,043 | 31,731 | ||||||||||||
| Impairment of long-lived assets | 725 | - | 725 | - | ||||||||||||
| Loss from operations | (8,070 | ) | (9,348 | ) | (30,528 | ) | (35,179 | ) | ||||||||
| Interest expense | 547 | 127 | 1,032 | 1,232 | ||||||||||||
| Change in fair value of earnout liability | (210 | ) | (661 | ) | (490 | ) | (30,599 | ) | ||||||||
| Change in fair value of warrants | (612 | ) | 58 | (1,237 | ) | 12 | ||||||||||
| Change in fair value of PIPE make-whole liability | - | 310 | - | (122 | ) | |||||||||||
| Merger-related transaction costs expensed | - | - | - | 4,009 | ||||||||||||
| Private placement costs expensed | 443 | - | 443 | - | ||||||||||||
| Other non-operating losses, net | 36 | 2 | 135 | 1,587 | ||||||||||||
| Loss before income taxes | (8,274 | ) | (9,184 | ) | (30,411 | ) | (11,298 | ) | ||||||||
| Provision (benefit) for income taxes | (2 | ) | (1,505 | ) | (9 | ) | (2,801 | ) | ||||||||
| Net income (loss) and comprehensive income (loss) | $ | (8,272 | ) | $ | (7,679 | ) | $ | (30,402 | ) | $ | (8,497 | ) | ||||
| Net income (loss) per share of Class A and Class B Common Stock: | ||||||||||||||||
| Basic | $ | (0.17 | ) | $ | (0.25 | ) | $ | (0.72 | ) | $ | (0.35 | ) | ||||
| Diluted | $ | (0.17 | ) | $ | (0.25 | ) | $ | (0.72 | ) | $ | (0.36 | ) | ||||
| Weighted-average common shares outstanding: | ||||||||||||||||
| Basic | 48,785,295 | 30,552,063 | 42,474,411 | 26,350,138 | ||||||||||||
| Diluted | 48,785,295 | 30,552,063 | 42,474,411 | 26,411,020 | ||||||||||||
| Mobix Labs, Inc. | ||||||||||||||||
| Reconciliation of Non-GAAP Financial Measures | ||||||||||||||||
| (unaudited, in thousands) | ||||||||||||||||
| Three months ended June 30, | Nine months ended June 30, | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Computation of Adjusted Loss from Operations: | ||||||||||||||||
| GAAP loss from operations | $ | (8,070 | ) | $ | (9,348 | ) | $ | (30,528 | ) | $ | (35,179 | ) | ||||
| Depreciation | 60 | 127 | 306 | 357 | ||||||||||||
| Amortization of aquisiton related intangible assets | 407 | 481 | 1,285 | 1,117 | ||||||||||||
| Merger & acquisiton- related expenses | (1,396 | ) | 976 | 823 | 3,491 | |||||||||||
| Inventory write-off | - | - | - | 125 | ||||||||||||
| Stock-based compensation expense | 7,102 | 3,622 | 20,256 | 17,768 | ||||||||||||
| Impairment of long-lived assets | 725 | - | 725 | - | ||||||||||||
| Adjusted loss from operations | $ | (1,172 | ) | $ | (4,142 | ) | $ | (7,133 | ) | $ | (12,321 | ) | ||||
| Three months ended June 30, | Nine months ended June 30, | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Computation of Adjusted Gross Profit: | ||||||||||||||||
| GAAP gross profit | $ | 1,349 | $ | 731 | $ | 4,056 | $ | 880 | ||||||||
| GAAP gross margin % | 57.4 | % | 35.5 | % | 50.5 | % | 25.2 | % | ||||||||
| Amortization of acquisition-related intangible assets | 11 | 72 | 33 | 208 | ||||||||||||
| Inventory write-off | - | - | - | 125 | ||||||||||||
| Stock-based compensation expense | 64 | 27 | 122 | 27 | ||||||||||||
| Adjusted Gross Profit | $ | 1,424 | $ | 830 | $ | 4,211 | $ | 1,240 | ||||||||
| Adjusted Gross Margin % | 60.6 | % | 40.3 | % | 52.4 | % | 35.6 | % | ||||||||
FAQ
What were Mobix Labs (MOBX) Q3 2025 earnings highlights?
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What is Mobix Labs' acquisition strategy for 2025?
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