Earnings ·
Mobile Infrastructure Corporation reported second quarter 2026 financial results, posting total revenue of $8.9…
BEEPMobile Infrastructure Corp
Mobile Infrastructure Corporation reported second quarter 2026 financial results, posting total revenue of $8.9 million and a net loss of $3.2 million. Same-location revenue grew 5.6% year-over-year to $8.9 million, while same-location NOI increased 12.0% to $5.9 million. Contract parking volumes rose approximately 12%, and transient revenue inflected to growth with a 4% increase. The company used $4.5 million to pay down its credit line and has generated $33 million in proceeds from asset sales toward its $100 million rotation program. Full-year 2026 guidance remains unchanged, expecting revenue between $35 million and $38 million. Mobile Infrastructure Corporation operates as a publicly traded owner of parking infrastructure across the United States.