Mobile Infrastructure Corporation (NASDAQ: BEEP) is a real estate company that acquires and owns parking facilities across the United States. It generates revenue primarily from rental and fee income collected from its parking assets, with ancillary revenue pursued through tech-enabled uses of its properties including EV charging, rideshare staging, and wireless infrastructure. The company operates as a Maryland corporation through its Operating Company subsidiary, Mobile Infra Operating Company, LLC, in which it held approximately 90.3% of Common Units as of the 10-K filed March 5, 2026. BEEP was formed through the August 2023 merger of Legacy MIC with Fifth Wall Acquisition Corp. III. Stephanie Hogue serves as President and CEO, and Manuel Chavez, III serves as Executive Chairman. The company does not currently anticipate resuming distributions on its Common Stock and has stated it requires additional scale to improve cash flow.

Revenue model

Rental and fee income from owned parking facilities, supplemented by ancillary revenue from tech-enabled uses of parking assets such as EV charging, solar energy, rideshare staging, autonomous vehicle services, and wireless technology infrastructure.

Products and services

Parking facility ownership and operation; ancillary property uses including EV charging, solar energy, rideshare staging, autonomous vehicle staging, fleet management, 5G and wireless infrastructure, and storage.

Customers and end markets

Parking facility users and operators; demand tied to general parking utilization trends. The filing notes revenues are significantly influenced by overall demand for parking facilities.

Value-chain role

Property owner and asset manager in the parking real estate sector. The company acquires parking facilities, manages assets actively to pursue ancillary revenue, and leases or operates facilities to generate rental and fee income.

Geographic exposure

United States. The filing does not specify individual cities or states with asset counts.

Source: SEC 10-K, filed 2026-03-05

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