Filing Flows › Mobix Labs (MOBX) › Q2 FY25
Mobix Labs (MOBX) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 15, 2025
Mobix Labs (MOBX) reported revenue of $2.5M for the second quarter fiscal 2025 (Q2 FY25), +119% from a year earlier and -21% from the quarter before. Operating margin was -311.7%, net loss $2.3M (91.2% of revenue).
Mobix Labs, Q2 FY25: revenue $2.5M (+119% year over year), operating margin -311.7%, net loss $2.3M, operating cash flow −$586K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5M | -21% | +119% |
| Operating profit | −$7.8M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | −$586K | — | — |
What changed
Revenue was $2.5M in Q2 FY25, up 119% year over year and down 21% from the previous quarter.
Gross margin was 40.6%, up 23.8 points from a year earlier. Operating costs exceeded revenue by $7.8M, an operating margin of -311.7%. Operating expenses grew 1% against revenue growth of 119%. The fastest-growing cost line was SG&A (+10%). The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $19.8M loss. Non-operating items added $5.5M, -241% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$586K. Non-cash charges added back $530K of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items used $2.2M.
Questions
What was Mobix Labs' revenue in the second quarter fiscal 2025?
Mobix Labs (MOBX) reported revenue of $2.5M for the second quarter fiscal 2025 (Q2 FY25), +119% from a year earlier and -21% from the quarter before.
Was Mobix Labs profitable in the second quarter fiscal 2025?
Operating loss was $7.8M (-311.7% of revenue) and net loss $2.3M.
Source: Mobix Labs 10-Q on SEC EDGAR.