-+ 0.00%
-+ 0.00%
-+ 0.00%

Mobile Infrastructure Q1 FY26 net loss widens to $7.8 million; revenue falls 3.7% to $7.9 million

PUBT·05/12/2026 20:16:48
Listen to the news
Mobile Infrastructure Q1 FY26 net loss widens to $7.8 million; revenue falls 3.7% to $7.9 million
  • Mobile Infrastructure posted a first-quarter net loss of USD 7.8 million, widening from USD 4.3 million a year earlier, as revenue slipped 3.7% to USD 7.9 million.
  • Adjusted EBITDA increased 8.7% to USD 3 million, while same-location NOI rose 4.4% to USD 4.6 million.
  • Contract parking volumes grew about 6% year over year, lifting contract parking to about 38% of management agreement revenue; transient volumes increased about 3%.
  • Closed sale of Marks Garage in Honolulu for gross proceeds of USD 16.5 million, taking cumulative asset-rotation proceeds to more than USD 30 million; repaid USD 8.1 million of mortgage principal and USD 4.5 million on its line of credit.
  • Reiterated full-year 2026 revenue outlook of USD 35 million to USD 38 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mobile Infrastructure Corporation published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.