Aeluma vs Mobix Labs
Mobix Labs is the larger business, with $9.9m of revenue in fiscal 2025 against $4.5m for Aeluma (2.2 times as much). Mobix Labs grew faster (53.9% against -4.4%). Aeluma kept more of each dollar of sales as profit: a net margin of -205.3% against -465.4%.
| Latest fiscal year | AelumaALMU, 2026 | Mobix LabsMOBX, 2025 |
|---|---|---|
| Revenue | $4.5m | $9.9m |
| Revenue growth | -4.4% | 53.9% |
| Net income | −$9.2m | −$46.1m |
| Operating margin | — | -380.3% |
| Net margin | -205.3% | -465.4% |
| Return on equity | -24.5% | — |
| Free cash flow | −$3.9m | $10.1m |
| Cash | $56.0m | $3.3m |
| Total debt | $0 | $6.2m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 27 | 46 |
| Market value | $143m | $7.3m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 59 sales | 0 buys, 9 sales |