Mobile Infrastructure Q1 revenue falls

Mobile Infrastructure

12/05/2026 21:16

Overview

U.S. parking infrastructure owner's Q1 revenue fell 3.7% yr/yr due to asset sales

Net loss widened, mainly from debt extinguishment and real estate sale losses

Outlook

Mobile Infrastructure sees 2026 revenue between $35 mln and $38 mln

Company expects 2026 NOI of $21.5 mln to $23 mln

Company expects 2026 Adjusted EBITDA of $15 mln to $16.5 mln

Result Drivers

CONTRACT PARKING GROWTH - Contract parking volumes grew about 6% yr/yr, supported by higher residential demand and return-to-office trends

MARKET REOPENINGS - Transient parking volumes increased 3% as several key markets reopened after construction and redevelopment disruptions in 2025

EXPENSE DISCIPLINE - Same-location NOI rose 4.4% yr/yr, helped by expense control and operational execution

Company press release: ID:nGNXcf2KTJ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$7.9 mln
Q1 Net Income
-$7.8 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate rental, development & operations peer group is "buy"

Wall Street's median 12-month price target for Mobile Infrastructure Corp is $6.50, about 192.8% above its May 11 closing price of $2.22

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)