Mobix Labs Q4 revenue jumps 129% to $1.81M; sets 1-for-7 reverse split, ends SPD merger

MOBIX LABS, INC

• Preliminary Q4 revenue ~$1.81M vs $789K in prior quarter (+129%), above $1.4M-$1.8M guidance; product revenue $1.43M (+171%), though total revenue fell ~4% YoY.
• GAAP gross margin expanded to 44.5% from 12.9%; gross profit $804K vs $102K; operating loss narrowed to $6.56M from $7.35M; net loss $9.09M vs $16.80M.
• FY2026 preliminary GAAP net loss was $41.86M, including $23.43M of charges: $12.30M stock-based compensation, $1.21M D&A and $9.91M note/preferred/warrant losses.
• Accounts payable fell to $4.88M from $8.98M; total liabilities were $29.63M vs $37.45M; stockholders' equity was $4.87M vs a $336K deficit a year earlier.
• 1-for-7 reverse split effective Nov. 16; shares fall to ~3.38M from 23.65M for Nasdaq bid compliance; Aug. 13 SPD merger ended Nov. 12 over missing fairness opinion, no fee.