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Side-by-side financial comparison of MOBIX LABS, INC (MOBX) and PLUS THERAPEUTICS, INC. (PSTV). Click either name above to swap in a different company.

MOBIX LABS, INC is the larger business by last-quarter revenue ($1.9M vs $1.4M, roughly 1.4× PLUS THERAPEUTICS, INC.). PLUS THERAPEUTICS, INC. runs the higher net margin — -417.9% vs -540.0%, a 122.1% gap on every dollar of revenue. On growth, PLUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (-3.2% vs -40.8%). Over the past eight quarters, MOBIX LABS, INC's revenue compounded faster (28.0% CAGR vs -9.7%).

Plus Therapeutics, Inc. is a clinical-stage pharmaceutical company headquartered in Houston, Texas, that develops targeted radiotherapeutics and diagnostic services for brain and central nervous system (CNS) cancers. The company’s lead therapeutic candidate, marketed as REYOBIQ™, is an investigational liposomal radiopharmaceutical under clinical evaluation for recurrent glioblastoma, leptomeningeal metastases, and certain pediatric brain cancers. Plus Therapeutics also commercialized a molecu...

MOBX vs PSTV — Head-to-Head

Bigger by revenue
MOBX
MOBX
1.4× larger
MOBX
$1.9M
$1.4M
PSTV
Growing faster (revenue YoY)
PSTV
PSTV
+37.6% gap
PSTV
-3.2%
-40.8%
MOBX
Higher net margin
PSTV
PSTV
122.1% more per $
PSTV
-417.9%
-540.0%
MOBX
Faster 2-yr revenue CAGR
MOBX
MOBX
Annualised
MOBX
28.0%
-9.7%
PSTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MOBX
MOBX
PSTV
PSTV
Revenue
$1.9M
$1.4M
Net Profit
$-10.1M
$-5.7M
Gross Margin
31.0%
Operating Margin
-471.1%
-420.0%
Net Margin
-540.0%
-417.9%
Revenue YoY
-40.8%
-3.2%
Net Profit YoY
49.0%
-46.4%
EPS (diluted)
$-0.16
$0.95

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MOBX
MOBX
PSTV
PSTV
Q4 25
$1.9M
$1.4M
Q3 25
$1.9M
$1.4M
Q2 25
$2.4M
$1.4M
Q1 25
$2.5M
$1.1M
Q4 24
$3.2M
$1.4M
Q3 24
$3.0M
$1.5M
Q2 24
$2.1M
$1.3M
Q1 24
$1.1M
$1.7M
Net Profit
MOBX
MOBX
PSTV
PSTV
Q4 25
$-10.1M
$-5.7M
Q3 25
$-15.7M
$-4.4M
Q2 25
$-8.3M
$5.2M
Q1 25
$-2.3M
$-17.4M
Q4 24
$-19.8M
$-3.9M
Q3 24
$-11.5M
$-2.9M
Q2 24
$-7.7M
$-2.9M
Q1 24
$-1.8M
$-3.3M
Gross Margin
MOBX
MOBX
PSTV
PSTV
Q4 25
31.0%
Q3 25
50.5%
Q2 25
57.4%
Q1 25
40.6%
Q4 24
53.2%
Q3 24
56.6%
Q2 24
35.5%
Q1 24
16.9%
Operating Margin
MOBX
MOBX
PSTV
PSTV
Q4 25
-471.1%
-420.0%
Q3 25
-834.9%
-320.8%
Q2 25
-343.4%
-110.6%
Q1 25
-311.7%
-333.9%
Q4 24
-461.7%
-276.2%
Q3 24
-378.0%
-260.9%
Q2 24
-454.2%
-289.1%
Q1 24
-747.8%
-196.7%
Net Margin
MOBX
MOBX
PSTV
PSTV
Q4 25
-540.0%
-417.9%
Q3 25
-835.8%
-316.6%
Q2 25
-352.0%
370.6%
Q1 25
-91.2%
-1643.2%
Q4 24
-626.0%
-276.4%
Q3 24
-390.6%
-197.4%
Q2 24
-373.1%
-229.9%
Q1 24
-153.1%
-194.5%
EPS (diluted)
MOBX
MOBX
PSTV
PSTV
Q4 25
$-0.16
$0.95
Q3 25
$-0.26
$-0.04
Q2 25
$-0.17
$-0.01
Q1 25
$-0.06
$-1.19
Q4 24
$-0.52
$-0.51
Q3 24
$-0.33
$-0.37
Q2 24
$-0.25
$-0.71
Q1 24
$-0.21
$-0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MOBX
MOBX
PSTV
PSTV
Cash + ST InvestmentsLiquidity on hand
$8.6M
Total DebtLower is stronger
$6.3M
Stockholders' EquityBook value
$4.7M
$4.0M
Total Assets
$32.7M
$16.3M
Debt / EquityLower = less leverage
1.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MOBX
MOBX
PSTV
PSTV
Q4 25
$8.6M
Q3 25
$16.6M
Q2 25
$6.9M
Q1 25
$9.9M
Q4 24
$3.6M
Q3 24
$4.8M
Q2 24
$8.4M
Q1 24
$3.2M
Total Debt
MOBX
MOBX
PSTV
PSTV
Q4 25
$6.3M
Q3 25
$6.2M
Q2 25
$4.4M
Q1 25
$4.6M
Q4 24
$3.6M
Q3 24
$3.4M
Q2 24
$3.2M
Q1 24
$3.2M
Stockholders' Equity
MOBX
MOBX
PSTV
PSTV
Q4 25
$4.7M
$4.0M
Q3 25
$-336.0K
$5.1M
Q2 25
$425.0K
$3.0M
Q1 25
$342.0K
$-23.6M
Q4 24
$-3.0M
$-8.9M
Q3 24
$5.5M
$-5.2M
Q2 24
$8.5M
$-7.6M
Q1 24
$4.2M
$-4.8M
Total Assets
MOBX
MOBX
PSTV
PSTV
Q4 25
$32.7M
$16.3M
Q3 25
$37.1M
$18.7M
Q2 25
$34.6M
$10.3M
Q1 25
$36.5M
$12.1M
Q4 24
$37.3M
$6.6M
Q3 24
$39.1M
$7.0M
Q2 24
$41.3M
$11.2M
Q1 24
$29.5M
$5.6M
Debt / Equity
MOBX
MOBX
PSTV
PSTV
Q4 25
1.34×
Q3 25
Q2 25
10.26×
Q1 25
13.44×
Q4 24
Q3 24
0.62×
Q2 24
0.38×
Q1 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MOBX
MOBX
PSTV
PSTV
Operating Cash FlowLast quarter
$-4.8M
$-6.3M
Free Cash FlowOCF − Capex
$-6.3M
FCF MarginFCF / Revenue
-459.9%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-20.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOBX
MOBX
PSTV
PSTV
Q4 25
$-4.8M
$-6.3M
Q3 25
$-4.5M
$-2.5M
Q2 25
$-4.1M
$-5.8M
Q1 25
$-586.0K
$-6.2M
Q4 24
$-930.0K
$-1.2M
Q3 24
$-3.6M
$-3.7M
Q2 24
$-3.1M
$-1.1M
Q1 24
$-8.1M
$-4.5M
Free Cash Flow
MOBX
MOBX
PSTV
PSTV
Q4 25
$-6.3M
Q3 25
$-2.6M
Q2 25
$-5.8M
Q1 25
$-6.2M
Q4 24
$-1.2M
Q3 24
$-4.6M
$-3.7M
Q2 24
$-3.1M
$-1.2M
Q1 24
$-9.1M
$-4.6M
FCF Margin
MOBX
MOBX
PSTV
PSTV
Q4 25
-459.9%
Q3 25
-184.3%
Q2 25
-417.6%
Q1 25
-583.1%
Q4 24
-86.5%
Q3 24
-157.1%
-253.7%
Q2 24
-151.8%
-96.2%
Q1 24
-794.1%
-271.5%
Capex Intensity
MOBX
MOBX
PSTV
PSTV
Q4 25
2.2%
Q3 25
1.9%
Q2 25
0.5%
Q1 25
0.3%
Q4 24
0.8%
Q3 24
34.5%
1.0%
Q2 24
2.2%
6.3%
Q1 24
87.3%
2.4%
Cash Conversion
MOBX
MOBX
PSTV
PSTV
Q4 25
Q3 25
Q2 25
-1.13×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MOBX
MOBX

US$1.7M92%
Other$155.0K8%

PSTV
PSTV

Segment breakdown not available.

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