Filing Flows

Filing Flows › Real Estate › Mobile Infrastructure (BEEP)

Mobile Infrastructure (BEEP) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 11, 2026 · Mobile Infrastructure (BEEP) Q2 2026 earnings results →

Q2 2026 Revenue down 1% year over year to $8.9M · 36¢ of every $1 of revenue lost · operating margin -36.4%

Mobile Infrastructure made $8.9M in Q2 2026 (-1% Y/Y). Operating margin -36.4%, net loss $3.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2026.

Revenue$8.9M
Year over year-1%
Operating margin-36.4%
Net earnings−$3.2M
Operating cash flow$1.7M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $8.9M in Q2 2026, down 1% year over year and up 12% from the previous quarter.

Operating costs exceeded revenue by $3.2M, an operating margin of -36.4%. Total costs fell 11% while revenue fell 1%. The quarter ended with a net loss of $3.2M, narrower than the previous quarter's $7.8M loss. Minority interests bore $286K of it: to shareholders the quarter was a loss of $3.0M.

Operating cash flow was $1.7M (down 4% year over year). Non-cash charges added back $1.8M of depreciation and amortization and $795K of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $316K left free cash flow of $1.4M.

Quarterly history

Mobile Infrastructure revenue by quarterMobile Infrastructure revenue by quarter$9.2MQ4 2024$8.2MQ1 2025$9.0MQ2 2025$9.1MQ3 2025$8.8MQ4 2025$7.9MQ1 2026$8.9MQ2 2026
Mobile Infrastructure net earnings by quarterMobile Infrastructure net earnings by quarter−$1.0MQ4 2024−$4.3MQ1 2025−$4.7MQ2 2025−$6.4MQ3 2025−$8.3MQ4 2025−$7.8MQ1 2026−$3.2MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 11, 2026$8.9M-1%-36.4%−$3.2M$1.7M
Q1 202610-QMay 12, 2026$7.9M-4%-98.2%−$7.8M−$1.6M
Q4 202510-KMar 5, 2026$8.8M-4%-94.6%−$8.3M−$626K
Q3 202510-QNov 10, 2025$9.1M-7%-70.7%−$6.4M$1.2M
Q2 202510-QAug 12, 2025$9.0M-3%-51.8%−$4.7M$1.8M
Q1 202510-QMay 13, 2025$8.2M-7%-52.6%−$4.3M−$1.5M
Q4 202410-KMar 11, 2025$9.2M+16%-11.3%−$1.0M$227K

Charts

Mobile Infrastructure: revenue growth, year over year and quarter over quarterMobile Infrastructure: revenue growth, year over year and quarter over quarterY/YQ/Q+16%Q4 2024-7%-10%Q1 2025-3%+9%Q2 2025-7%+1%Q3 2025-4%-4%Q4 2025-4%-9%Q1 2026-1%+12%Q2 2026
Latest (Q2 2026): Y/Y -1%, Q/Q +12%.
Mobile Infrastructure: where the cash came from (+) and went (−), TTM to Q2 2026Mobile Infrastructure: where the cash came from (+) and went (−), TTM to Q2 2026Other investing$29.6MNet borrowing (+) / repaid (−)−$16.7MOther financing−$12.4MBuybacks−$5.1MCash drawn (+) / kept (−)$4.9MCapital spending−$897KOperating cash flow$751KPartners−$182K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Mobile Infrastructure: profit against cash, quarter by quarterMobile Infrastructure: profit against cash, quarter by quarterNet incomeOperating cash flow−$1.9M$0Q3 2024−$1.0M$227KQ4 2024−$4.3M−$1.5MQ1 2025−$4.7M$1.8MQ2 2025−$6.4M$1.2MQ3 2025−$8.3M−$626KQ4 2025−$7.8M−$1.6MQ1 2026−$3.2M$1.7MQ2 2026
Latest (Q2 2026): Net income −$3.2M, Operating cash flow $1.7M.
Mobile Infrastructure: long-term debt falling due (FY2025)Mobile Infrastructure: long-term debt falling due (FY2025)$3.1M2026$20.4M2027$3.0M2028$8.6M2029
Cash $8.3M, short-term investments —, long-term debt $198M at 2025-12-31.
Mobile Infrastructure in its industry: growth against margin (35 companies, SIC 6500)Mobile Infrastructure in its industry: growth against margin (35 companies, SIC 6500)revenue growth, year over year →↑ operating marginmedian +8%median 10%CBRECWKPrologis, L.P.Digital Realty Trust, L.P.FORRegency Centers LPTiaa Real Estate AccountMRPHPPHudson Pacific Properties, L.P.TRNOUEUrban Edge Properties LPEFCOPICURBIIPRGTYAHRTCMTGTRCCHCIFPHFRPHSKYHSealy Industrial Partners IV, LPOZCWDMLPSRG-PARWDMUAIREAEIAOXYBEEP (-1%, -36%)
Real Estate; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Mobile Infrastructure

Mobile Infrastructure Corporation is a Maryland corporation, publicly traded on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker “BEEP.” We focus on acquiring, owning and optimizing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. We target both parking garage and surface lot properties primarily in the top 50 U.S. Metropolitan Statistical Areas (“MSAs”), with proximity to key demand drivers, such as commerce, events and venues, government and institutions, hospitality and multifamily central business districts. As of December 31, 2025, we own 36 parking facilities in 19 separate markets throughout the United States, with a total of approximately 13,500 parking spaces and approximately 4.7 million square feet.

In its own words, from its 10-K, filed Mar 5, 2026.

Mobile Infrastructure against its Real Estate peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -1% against the peers' median +8%. Operating margin: -36.4% against the peers' median 15.9%.

CompanyQuarterRevenueY/YOp. margin
BEEP Mobile InfrastructureQ2 2026$8.9M-1%-36.4%
CBRE CBRE GroupQ3 2026$11.5B+13%4.9%
CWK Cushman & WakefieldQ3 2026$2.8B+8%4.6%
Prologis, L.P.Q3 2026$2.4B+8%43.8%
Digital Realty Trust, L.P.Q3 2026$1.9B+21%15.9%
FOR Forestar GroupQ4 FY26$581M-13%13.5%
Regency Centers LPQ3 2026$419M+8%72.3%
Tiaa Real Estate AccountQ3 2026$303M-0.8%298.8%
MRP Millrose PropertiesQ3 2026$211M+18%85.5%

Source: Mobile Infrastructure 10-Q on SEC EDGAR · CIK 1847874 · Real Estate

13F: who owns BEEP and who is buying

Largest holders of BEEP (13F)Largest holders of BEEP (13F)No Street GP LP$33.5MVinva Investment Management$13.4MVanguard Group$1.7MVanguard Capital Management LLC$712KGeode Capital Management, LLC$323KBlackRock$186KMillennium Management LLC$155KFirst Manhattan Co. LLC.$141KVanguard Fiduciary Trust$119KCresset Asset Management, LLC$118K
Funds' net buying of BEEP by quarter (13F)Funds' net buying of BEEP by quarter (13F)$3.9M2024-09$36.0M2024-12$1.1M2025-03$2.2M2025-06−$1.5M2025-09$176K2025-12−$385K2026-03−$1.1M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on BEEP

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

Compare BEEP with

中文版:Mobile Infrastructure(BEEP)财报

Español · Français