Filing Flows › Mobia Medical (MOBI) › Q3 2026
Mobia Medical (MOBI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Mobia Medical (MOBI) reported revenue of $15.6M for the third quarter 2026 (Q3 2026), +73% from a year earlier and +16% from the quarter before. Operating margin was -118.7%, net loss $17.3M (111.1% of revenue).
Mobia Medical, Q3 2026: revenue $15.6M (+73% year over year), operating margin -118.7%, net loss $17.3M, operating cash flow −$12.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.6M | +16% | +73% |
| Operating profit | −$18.5M | — | — |
| Net earnings | −$17.3M | — | — |
| Operating cash flow | −$12.9M | — | — |
What changed
Revenue was $15.6M in Q3 2026, up 73% year over year and up 16% from the previous quarter.
Gross margin was 83.2%, up 3.6 points from a year earlier. Operating costs exceeded revenue by $18.5M, an operating margin of -118.7%. Operating expenses grew 71% against revenue growth of 73%. The fastest-growing cost line was SG&A (+72%). The quarter ended with a net loss of $17.3M, narrower than the previous quarter's $21.0M loss.
Operating cash flow was −$12.9M. Non-cash charges added back $177K of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $1.7M. Capital expenditures of $58K exceeded it, leaving free cash flow of −$13.0M.
Questions
What was Mobia Medical's revenue in the third quarter 2026?
Mobia Medical (MOBI) reported revenue of $15.6M for the third quarter 2026 (Q3 2026), +73% from a year earlier and +16% from the quarter before.
Was Mobia Medical profitable in the third quarter 2026?
Operating loss was $18.5M (-118.7% of revenue) and net loss $17.3M.
Source: Mobia Medical 10-Q on SEC EDGAR.