Give us the exact text from the HTML view of that field (click </> or < > to see that), or from your card template (if that’s where this is) – as text, please – so that folks can try to reproduce this.
Are you using AnkiMobile 25.09 on both iOS and iPadOS? [ Preferences > About]
It seems like this happens irregardless of card template, but just for completeness, a basic card template for which this renders improperly on iPadOS 26.2, both on front and back:
While doing my reviews today I discovered that zooming in on a formula that didn’t render properly can make it show as intended. Still a bit bothersome, but at least I don’t have to guess at my formulas anymore