Mobile Infrastructure Q3 revenue rises on contract and transient volumes
BEEP•Mobile Infrastructure's Q3 revenue rose 5.5% year over year to $9.6 million, adjusted EBITDA increased 23.2% to $4.8 million, and net loss narrowed to $2.6 million. The company expects 2026 revenue at the low end of its $35 million to $38 million range.
1. Third-quarter results
Q3 revenue increased 5.5% year over year to $9.6 million, driven by contract and transient volumes. Adjusted EBITDA rose 23.2% to $4.8 million, while net loss narrowed to $2.6 million from $6.4 million a year earlier. Portfolio utilization increased about 13 percentage points year over year, helping lift revenue per available stall by 16%.
2. 2026 outlook
Mobile Infrastructure expects 2026 revenue at the low end of its $35 million to $38 million range. It maintained net operating income guidance of $21.5 million to $23.0 million and expects adjusted EBITDA of $15.0 million to $16.5 million.
