Filing Flows › Mobile Infrastructure (BEEP) › Q3 2025
Mobile Infrastructure (BEEP) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Mobile Infrastructure (BEEP) reported revenue of $9.1M for the third quarter 2025 (Q3 2025), -7% from a year earlier and +1% from the quarter before. Operating margin was -70.7%, net loss $6.4M (70.7% of revenue).
Mobile Infrastructure, Q3 2025: revenue $9.1M (-7% year over year), operating margin -70.7%, net loss $6.4M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.1M | +1% | -7% |
| Operating profit | −$6.4M | — | — |
| Net earnings | −$6.4M | — | — |
| Operating cash flow | $1.2M | -30% | — |
| Free cash flow | $753K | -47% | — |
What changed
Revenue was $9.1M in Q3 2025, down 7% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $6.4M, an operating margin of -70.7%. Total costs grew 33% against a revenue fall of 7%. The fastest-growing cost line was Other operating costs (+50%). The quarter ended with a net loss of $6.4M, wider than the previous quarter's $4.7M loss. Minority interests bore $625K of it: to shareholders the quarter was a loss of $5.8M.
Operating cash flow was $1.2M. Non-cash charges added back $2.9M of depreciation and amortization and $801K of share-based compensation. Working capital and other items added $4.0M. Capital expenditures of $480K left free cash flow of $753K.
Questions
What was Mobile Infrastructure's revenue in the third quarter 2025?
Mobile Infrastructure (BEEP) reported revenue of $9.1M for the third quarter 2025 (Q3 2025), -7% from a year earlier and +1% from the quarter before.
Was Mobile Infrastructure profitable in the third quarter 2025?
Operating loss was $6.4M (-70.7% of revenue) and net loss $6.4M.