Mobile Infrastructure Corp
Mobile Infrastructure Corporation (Nasdaq: BEEP) is a real estate investment company focused on acquiring, owning and optimizing parking facilities and related infrastructure throughout the United States. The company operates through its subsidiary, Mobile Infra Operating Company, LLC, which manages substantially all… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Mobile Infrastructure Corp does
In the company’s own words
Mobile Infrastructure Corporation (Nasdaq: BEEP) is a real estate investment company focused on acquiring, owning and optimizing parking facilities and related infrastructure throughout the United States. The company operates through its subsidiary, Mobile Infra Operating Company, LLC, which manages substantially all assets and operations. The company website is www.mobileit.com.
As of December 31, 2025, Mobile Infrastructure Corporation owns 36 parking facilities across 19 separate markets, comprising approximately 13,500 parking spaces and 4.7 million square feet of parking infrastructure. The company also owns approximately 0.2 million square feet of adjacent commercial space. The portfolio targets both parking garages and surface lots primarily in the top 50 U.S. Metropolitan Statistical Areas, with particular focus on properties near key demand drivers including commerce, events and venues, government and institutions, hospitality, and multifamily central business districts.
The company's revenue is significantly concentrated with two major operators. Metropolis Technologies, Inc. represented 63.1 percent of revenue excluding commercial revenue for fiscal year 2025, while LAZ Parking represented 16.8 percent. Geographic concentrations exist in Cincinnati, Detroit, and Chicago based on gross book value of real estate assets. The company operates with 18 employees as of December 31, 2025.
Mobile Infrastructure Corporation's business model involves both lease agreements with operators and management contracts. As of December 31, 2025, 28 of the 36 assets operated under management contracts, with the company targeting conversion of remaining assets by the end of 2027. The company measures performance using metrics including Revenue per Available Stall and tracks parking demand through two customer categories: transient parkers and contract parkers.
The company was formed through the August 2023 merger of Legacy MIC with Fifth Wall Acquisition Corp. III, which domesticated to a Maryland corporation and adopted the Mobile Infrastructure Corporation name. The company pursues a consolidation strategy within the fragmented parking industry, leveraging off-market acquisition opportunities and early notice on properties entering the market. Strategic objectives include optimizing parking revenue mix, collaborating with third-party operators on rate management, executing ancillary revenue opportunities, identifying accretive external growth through acquisitions, and selectively disposing of non-core properties.
Company details
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- CINCINNATI, OH
- Fiscal year end
- December
- CIK
- 1847874
- SIC
- 6500
Financial performance, year by year
Fiscal 2022–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Mobile Infrastructure Corp — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Mobile Infrastructure Corp’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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