Mobile Infrastructure Corporation (BEEP) reported second-quarter 2026 revenue of $8.9 million, compared with $9.0 million in the prior-year period and $7.9 million in the first quarter. Net loss was $3.2 million, compared with $4.7 million a year earlier and $7.8 million in the first quarter.
The parking infrastructure owner said Same-Location Revenue rose 5.6% year over year, Same-Location NOI increased 12.0%, and contract parking volumes grew about 12%. The company reiterated its full-year 2026 guidance for revenue of $35 million to $38 million.
- Total revenue was $8.9 million for the three months ended June 30, 2026.
- Net loss was $3.2 million, versus $4.7 million in the prior-year period.
- Basic and diluted loss per weighted average common share was $0.08.
- NOI was $5.8 million, up 7.5% year over year.
- Adjusted EBITDA was $4.1 million, compared with $3.8 million a year earlier.
- The company paid down $3.7 million of principal and $0.8 million of accrued interest on its line of credit during the quarter.
- As of June 30, 2026, Mobile owned 35 parking facilities across 18 U.S. markets.
$BEEP Hedge Fund Activity
We have seen 28 institutional investors add shares of $BEEP stock to their portfolio, and 36 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 487,497 shares (-78.3%) from their portfolio in Q2 2026, for an estimated $672,745
- STATE STREET CORP removed 119,051 shares (-86.8%) from their portfolio in Q2 2026, for an estimated $164,290
- NORTH STAR INVESTMENT MANAGEMENT CORP. removed 68,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $93,840
- CITADEL ADVISORS LLC removed 37,477 shares (-68.7%) from their portfolio in Q1 2026, for an estimated $83,948
- MORGAN STANLEY removed 32,502 shares (-83.6%) from their portfolio in Q1 2026, for an estimated $72,804
- JANE STREET GROUP, LLC removed 28,405 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $63,627
- BANK OF NEW YORK MELLON CORP removed 27,883 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $38,478
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
