Mobile Infrastructure Reports Fourth Quarter and Full Year 2025 Financial Results

Contract Parking Momentum Continued with 10% Volume Growth in 2025; Asset Rotation Strategy Met $30 Million Sales Target in First Year

Published on Mar. 2, 2026

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Mobile Infrastructure Corporation, the nation's only publicly traded owner of parking infrastructure, announced its financial results for the fourth quarter and full year ended December 31, 2025. The company faced temporary disruptions in its markets but saw positive trends in contract parking volumes, residential monthly contracts, and the impact of technology optimization on pricing and utilization. Mobile Infrastructure is providing guidance for 2026 revenue growth of 4% at the midpoint and adjusted EBITDA growth of 10% at the midpoint.

Why it matters

Mobile Infrastructure's results highlight the challenges facing the parking industry as it navigates the ongoing impacts of the pandemic and construction projects, but also demonstrate the company's efforts to diversify its revenue streams and leverage technology to improve operations. The guidance for 2026 suggests the company expects a return to growth as market conditions improve.

The details

In the fourth quarter of 2025, Mobile Infrastructure reported total revenue of $8.8 million, down 4.3% from the prior-year period, and a net loss of $8.3 million. For the full year 2025, the company reported total revenue of $35.1 million, down from $37.0 million in 2024, and a net loss of $23.7 million. The company cited temporary disruptions in key markets as well as lower transient volumes due to reduced events and construction-related impacts. However, Mobile Infrastructure saw positive trends in contract parking volumes, which grew 10% year-over-year, and residential monthly contracts, which increased nearly 60% since the prior year-end. The company also made progress on its asset rotation strategy, completing over $30 million in asset sales in 2025.

  • Mobile Infrastructure reported its fourth quarter and full year 2025 results on March 2, 2026.
  • The company is providing guidance for full year 2026, expecting revenue growth of 4% at the midpoint and adjusted EBITDA growth of 10% at the midpoint.

The players

Mobile Infrastructure Corporation

The nation's only publicly traded owner of parking infrastructure, with a diversified portfolio of 36 parking facilities in 19 separate markets throughout the United States.

Stephanie Hogue

Chief Executive Officer of Mobile Infrastructure Corporation.

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What they’re saying

“Our fourth quarter and full year 2025 results demonstrated consistent execution on our strategic priorities, while we navigated temporary disruptions in our markets.”

— Stephanie Hogue, Chief Executive Officer (Globe Newswire)

“We remain committed to executing our strategy of operational excellence, balance sheet optimization, and portfolio quality enhancement to create long-term value for shareholders.”

— Stephanie Hogue, Chief Executive Officer (Globe Newswire)

What’s next

The company plans to continue advancing its three-year asset rotation strategy in 2026, with a goal of selling or being under contract to sell another large portion of its non-core assets.

The takeaway

Mobile Infrastructure's results demonstrate the challenges facing the parking industry, but also the company's efforts to diversify its revenue streams, leverage technology, and optimize its portfolio to position itself for a return to growth in 2026.