Mobia Medical Q1 FY26 net loss widens 66.5% to $17.74 million; revenue more than doubled to $12.07 million

Mobia Medical, Inc.

Mobia Medical, Inc.

MOBI

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  • Mobia Medical posted a net loss of USD 17.74 million for Q1, widening from USD 10.65 million a year earlier.
  • Revenue more than doubled to USD 12.07 million, up 113.3% year over year.
  • Gross margin edged up 0.2 percentage points to 82.3%.
  • Selling, general and administrative expenses climbed to USD 25.19 million, up 85.2% on higher headcount, fees, travel, marketing.
  • Cash and cash equivalents totaled USD 55.7 million as of March 31, 2026; net proceeds from the May IPO were about USD 134.5 million.


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