Filing Flows › Mobia Medical (MOBI) › Q1 2026
Mobia Medical (MOBI) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 4, 2026
Mobia Medical (MOBI) reported revenue of $12.1M for the first quarter 2026 (Q1 2026), +113% from a year earlier. Operating margin was -140.3%, net loss $17.7M (146.9% of revenue).
Mobia Medical, Q1 2026: revenue $12.1M (+113% year over year), operating margin -140.3%, net loss $17.7M, operating cash flow −$17.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.1M | — | +113% |
| Operating profit | −$16.9M | — | — |
| Net earnings | −$17.7M | — | — |
| Operating cash flow | −$17.7M | — | — |
What changed
Revenue was $12.1M in Q1 2026, up 113% year over year.
Gross margin was 82.3%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $16.9M, an operating margin of -140.3%. Operating expenses grew 80% against revenue growth of 113%. The fastest-growing cost line was SG&A (+85%). The quarter ended with a net loss of $17.7M.
Operating cash flow was −$17.7M. Non-cash charges added back $56K of depreciation and amortization and $407K of share-based compensation. Capital expenditures of $42K exceeded it, leaving free cash flow of −$17.8M.
Questions
What was Mobia Medical's revenue in the first quarter 2026?
Mobia Medical (MOBI) reported revenue of $12.1M for the first quarter 2026 (Q1 2026), +113% from a year earlier.
Was Mobia Medical profitable in the first quarter 2026?
Operating loss was $16.9M (-140.3% of revenue) and net loss $17.7M.
Source: Mobia Medical 10-Q on SEC EDGAR.