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Side-by-side financial comparison of MOBIX LABS, INC (MOBX) and ReTo Eco-Solutions, Inc. (RETO). Click either name above to swap in a different company.

MOBIX LABS, INC is the larger business by last-quarter revenue ($1.9M vs $1.0M, roughly 1.8× ReTo Eco-Solutions, Inc.). ReTo Eco-Solutions, Inc. runs the higher net margin — -131.6% vs -540.0%, a 408.4% gap on every dollar of revenue. On growth, ReTo Eco-Solutions, Inc. posted the faster year-over-year revenue change (36.6% vs -40.8%).

ReTo Eco-Solutions, Inc. develops and supplies eco-friendly construction materials, environmental remediation services, and solid waste treatment solutions. Its core offerings include recycled construction aggregates, soil improvement products, and ecological restoration systems, primarily serving infrastructure, real estate, and environmental conservation sectors across the Chinese market.

MOBX vs RETO — Head-to-Head

Bigger by revenue
MOBX
MOBX
1.8× larger
MOBX
$1.9M
$1.0M
RETO
Growing faster (revenue YoY)
RETO
RETO
+77.4% gap
RETO
36.6%
-40.8%
MOBX
Higher net margin
RETO
RETO
408.4% more per $
RETO
-131.6%
-540.0%
MOBX

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
MOBX
MOBX
RETO
RETO
Revenue
$1.9M
$1.0M
Net Profit
$-10.1M
$-1.4M
Gross Margin
31.0%
17.7%
Operating Margin
-471.1%
-133.0%
Net Margin
-540.0%
-131.6%
Revenue YoY
-40.8%
36.6%
Net Profit YoY
49.0%
-103.5%
EPS (diluted)
$-0.16

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
RETO
RETO
Q4 25
$1.9M
Q3 25
$1.9M
Q2 25
$2.4M
$1.0M
Q1 25
$2.5M
Q4 24
$3.2M
Q3 24
$3.0M
Q2 24
$2.1M
$768.4K
Q1 24
$1.1M
Net Profit
MOBX
MOBX
RETO
RETO
Q4 25
$-10.1M
Q3 25
$-15.7M
Q2 25
$-8.3M
$-1.4M
Q1 25
$-2.3M
Q4 24
$-19.8M
Q3 24
$-11.5M
Q2 24
$-7.7M
$-678.5K
Q1 24
$-1.8M
Gross Margin
MOBX
MOBX
RETO
RETO
Q4 25
31.0%
Q3 25
50.5%
Q2 25
57.4%
17.7%
Q1 25
40.6%
Q4 24
53.2%
Q3 24
56.6%
Q2 24
35.5%
43.3%
Q1 24
16.9%
Operating Margin
MOBX
MOBX
RETO
RETO
Q4 25
-471.1%
Q3 25
-834.9%
Q2 25
-343.4%
-133.0%
Q1 25
-311.7%
Q4 24
-461.7%
Q3 24
-378.0%
Q2 24
-454.2%
-68.0%
Q1 24
-747.8%
Net Margin
MOBX
MOBX
RETO
RETO
Q4 25
-540.0%
Q3 25
-835.8%
Q2 25
-352.0%
-131.6%
Q1 25
-91.2%
Q4 24
-626.0%
Q3 24
-390.6%
Q2 24
-373.1%
-88.3%
Q1 24
-153.1%
EPS (diluted)
MOBX
MOBX
RETO
RETO
Q4 25
$-0.16
Q3 25
$-0.26
Q2 25
$-0.17
Q1 25
$-0.06
Q4 24
$-0.52
Q3 24
$-0.33
Q2 24
$-0.25
$-0.25
Q1 24
$-0.21

Balance Sheet & Financial Strength

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

Metric
MOBX
MOBX
RETO
RETO
Cash + ST InvestmentsLiquidity on hand
$2.5M
Total DebtLower is stronger
$6.3M
Stockholders' EquityBook value
$4.7M
$30.4M
Total Assets
$32.7M
$41.4M
Debt / EquityLower = less leverage
1.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MOBX
MOBX
RETO
RETO
Q4 25
Q3 25
Q2 25
$2.5M
Q1 25
Q4 24
Q3 24
Q2 24
$1.6M
Q1 24
Total Debt
MOBX
MOBX
RETO
RETO
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
RETO
RETO
Q4 25
$4.7M
Q3 25
$-336.0K
Q2 25
$425.0K
$30.4M
Q1 25
$342.0K
Q4 24
$-3.0M
Q3 24
$5.5M
Q2 24
$8.5M
$13.3M
Q1 24
$4.2M
Total Assets
MOBX
MOBX
RETO
RETO
Q4 25
$32.7M
Q3 25
$37.1M
Q2 25
$34.6M
$41.4M
Q1 25
$36.5M
Q4 24
$37.3M
Q3 24
$39.1M
Q2 24
$41.3M
$33.7M
Q1 24
$29.5M
Debt / Equity
MOBX
MOBX
RETO
RETO
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
RETO
RETO
Operating Cash FlowLast quarter
$-4.8M
$-1.6M
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-157.4%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOBX
MOBX
RETO
RETO
Q4 25
$-4.8M
Q3 25
$-4.5M
Q2 25
$-4.1M
$-1.6M
Q1 25
$-586.0K
Q4 24
$-930.0K
Q3 24
$-3.6M
Q2 24
$-3.1M
$-4.8M
Q1 24
$-8.1M
Free Cash Flow
MOBX
MOBX
RETO
RETO
Q4 25
Q3 25
Q2 25
$-1.7M
Q1 25
Q4 24
Q3 24
$-4.6M
Q2 24
$-3.1M
Q1 24
$-9.1M
FCF Margin
MOBX
MOBX
RETO
RETO
Q4 25
Q3 25
Q2 25
-157.4%
Q1 25
Q4 24
Q3 24
-157.1%
Q2 24
-151.8%
Q1 24
-794.1%
Capex Intensity
MOBX
MOBX
RETO
RETO
Q4 25
Q3 25
Q2 25
5.1%
Q1 25
Q4 24
Q3 24
34.5%
Q2 24
2.2%
Q1 24
87.3%

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%

RETO
RETO

Segment breakdown not available.

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