Mobix Labs, Inc.

Mobix Labs reported fiscal Q1 2025 revenue of $3.17 million, which management said exceeded the high end of guidance, rose 7.3% sequentially, and was 11-fold higher than the same quarter last year. Adjusted gross margin was 54.1% versus 56.6% in the prior quarter. Adjusted loss from operations improved 28.9% to $2.5 million from $3.6 million in Q4, and cash increased to $405,000 from $266,000. For fiscal Q2 2025, management declined to provide revenue guidance because of acquisition-related and sales-cycle variability, but reiterated long-term goals of 60% gross margin and 30% adjusted operating margin.

Fabian Battaglia framed the quarter as evidence that Mobix is executing on a growth strategy built around technology innovation, acquisitions, and operational excellence. He highlighted fifth straight quarter of revenue growth, integration progress from RaGE Systems and EMI Interconnect Solutions, and new opportunities in aerospace, defense, imaging, and wireless. His tone was upbeat and forward-looking, emphasizing that recent contract wins and acquisitions should expand the company’s market position and create synergies.

Keyvan Samini emphasized the financial momentum: $3.17 million of revenue, 54.1% adjusted gross margin, and a reduced adjusted operating loss of $2.5 million. He noted cash increased to $405,000 from $266,000 and said the company is actively pursuing additional financing to support acquisitions and growth. He also said the firm is staying disciplined on costs and reiterated long-term objectives of 60% gross margin and 30% adjusted operating margin.

There was no analyst Q&A, as the operator said there were no questions in the queue. The only notable guidance-related point was management’s decision to withhold fiscal Q2 revenue guidance due to acquisition timing and sales-cycle variability. Management also answered indirectly through prepared remarks by saying it remains focused on financing, scaling production, and integrating acquisitions.