Mobix Labs, Inc. (MOBX) AI Stock Analysis

Mobix Labs, Inc. is a fabless semiconductor company based in Irvine, California, that designs and develops wireless and connectivity solutions. Founded in 2020, its portfolio includes True5G chipset solutions for C-Band and mmWave spectrums, as well as high-bandwidth cable systems. These technologies serve markets such as 5G infrastructure, autonomous vehicles, professional audio/video, AR/VR, and remote medicine. Its flagship products also include true xero active optical cables engineered for robust fiber connectivity, serving aerospace, military, defense, and healthcare sectors. Additionally, the company develops electromagnetic interference filters for high-demand operating environments.

Mobix Labs achieved a 4-year revenue compound annual growth rate of 118.5% between FY2021 and FY2025. Annual revenue expanded from $435,000 in FY2021 to $9.9M in FY2025, driven by a 53.9% increase in FY2025 following 426.3% growth in FY2024. Gross margin improved to 50.5% in FY2025 compared to -32.4% in FY2023. However, profitability remains deeply negative; net income was -$46.1M in FY2025, resulting in an EPS of -$1.01 and an operating margin of -439.6%. For the latest quarter ended June 30, 2026, quarterly revenue dropped 66.4% year-over-year, leading to a trailing twelve month revenue of $5.5M and an EPS of -$6.29.

As of June 30, 2026, Mobix Labs held $2.1M in cash and short-term investments against $7.3M in total debt, creating a net debt position of $5.2M. Total assets stood at $34.9M with shareholders' equity of $6.2M, resulting in a debt-to-equity ratio of 1.17 and a current ratio of 0.27. Operating cash flow was -$10.1M in FY2025, matching a free cash flow deficit of -$10.1M. Capital expenditures remained modest at $26,000 for FY2025, while the share count decreased 80.0% over five years.

Mobix Labs carries a market capitalization of $13.6M and an enterprise value of $18.3M. The stock trades at a price-to-sales multiple of 2.5x and an EV-to-revenue ratio of 3.3x, compared to a median price-to-sales of 2.8x for its US-listed Technology peers. Its price-to-book ratio is 2.3x. Shares have declined 71.5% year-to-date and 90.7% over the past year, closing at $0.76 on October 16, 2026, compared to a 16.8% one-year gain for the S&P 500 (SPY). Over five years, the stock is down 99.2% versus an 83.0% gain for the S&P 500.

Mobix Labs has topped earnings expectations in 2 of the past 4 quarters. The stock closed at $0.76 on October 16, 2026, trading 67.5% below its 200-day moving average and near its 52-week low of $0.64.

This page is an AI-written research summary of Mobix Labs, Inc. (MOBX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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