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Mobility Global Reports Second Quarter 2026 Financial Results

Mobility Global Inc. (NYSE: MBGL) (“Mobility Global” or the “Company”) today announced financial results for the second quarter ended June 30, 2026. Successfully launched Mobility Global as a...

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CENTREVILLE, Va.: Mobility Global Inc. (NYSE: MBGL) (“Mobility Global” or the “Company”) today announced financial results for the second quarter ended June 30, 2026.

  • Successfully launched Mobility Global as an independent public company on July 1, 2026
  • Grew total revenue by 7%, with CARFAX revenue growing 8% year-over-year
  • Delivered net income of $53 million and adjusted EBITDA¹ of $202 million, which represents a 43% margin and a 7% increase year-over-year
  • Initiated a quarterly cash dividend of $0.06 per share, reflecting confidence in the Company’s cash generation and balance sheet
  • Provided full-year 2026 revenue guidance to reflect first half results and reiterated medium-term financial targets

“Mobility Global delivered second quarter results that reflected continued progress across our businesses during the final stages of our spin-off, and successfully launched as an independent public company on July 1,” said Bill Eager, Chief Executive Officer of Mobility Global. “We are moving with speed and focus to create One Mobility Global, deploy AI to fundamentally transform our workflows, and strengthen our market position. During the quarter and into July, we advanced our product and market strategy through the launches of CARFAX Homegrown and CARFAX Showroom, a new B2B solution within automotiveMastermind, and the expansion of CARFAX into Germany. We see clear opportunities ahead and are focused on strengthening our go-to-market execution, accelerating product adoption, and building momentum into 2027.”

Second Quarter Financial Highlights

(All comparisons are to the second quarter of 2025)

  • Total revenue of $468 million, increased by 7%
  • Subscription revenue increased by 7% and non-subscription revenue increased by 5%
  • CARFAX segment revenue of $312 million, increased by 8%
  • B2B segment revenue of $156 million, increased by 4%
  • Net income of $53 million, represented an 11% margin
  • Adjusted EBITDA¹ of $202 million, increased by 7% and represented a 43% margin

¹ Non-GAAP measure. See "Non-GAAP Financial Information" and the reconciliations and definitions in Exhibit 5.

Second Quarter and Recent Business Highlights

  • Launched Mobility Global as an independent public company on July 1, 2026
  • Launched two new CARFAX offerings: CARFAX Homegrown, which identifies vehicles sold new and serviced throughout their life at a dealership, and CARFAX Showroom, a premium listings product that surfaces dealer inventory at the most relevant moments in a shopper's search, to increase dealer value and support higher revenue per dealer, respectively
  • Entered Europe’s largest automotive market with the launch of CARFAX Germany
  • Expanded B2B capabilities through FAST, PIQ and Data Studio from launch to broader adoption, while advancing new solutions within automotiveMastermind that improve customer workflows for OEMs and dealers
  • Advanced creating One Mobility Global by integrating our businesses, data assets and technology to accelerate innovation and efficiency
  • Initiated return of capital to shareholders, with quarterly cash dividend of $0.06 per share

Financial Summary

The second quarter ended June 30, 2026 and all prior periods are presented on a carve-out basis. Beginning with the third quarter of 2026, Mobility Global's first full quarter as a standalone company, financial results will be reported on a consolidated basis.

 

Three Months Ended

June 30,

 

Six Months Ended

June 30,

(dollars in millions except per share data)

2026

2025

% Chg

 

2026

2025

% Chg

 

(unaudited)

 

(unaudited)

Revenue

 

 

 

 

 

 

 

CARFAX

$312

$ 289

8%

 

$610

$564

8%

B2B

156

150

4%

 

313

295

6%

Total revenue

468

439

7%

 

923

859

7%

Subscription revenue

383

358

7%

 

755

701

8%

Non-subscription revenue

85

81

5%

 

168

158

6%

Profitability (GAAP)

 

-

 

 

 

 

 

Operating profit

82

96

(15)%

 

163

180

(9)%

Net income

53

65

(18)%

 

108

123

(12)%

Net income margin

11%

15 %

(27)%

 

12%

14%

(14)%

Diluted EPS

0.18

0.22

(18)%

 

0.37

0.42

(12)%

Non-GAAP measures

 

 

 

 

 

 

 

Adjusted EBITDA

202

188

7%

 

386

357

8%

Adjusted EBITDA margin

43%

43 %

-%

 

42%

42%

-%

Cash flow

 

 

 

 

 

 

 

Net cash provided by operating activities

135

166

(19)%

 

189

233

(19)%

Free cash flow

129

163

(21)%

 

177

225

(21)%

Declaration of Quarterly Dividend

The Board of Directors has declared a quarterly common stock dividend of $0.06 per share. The dividend is payable September 10, 2026, to shareholders of record at the close of business as of August 27, 2026.

Outlook

Operating Performance

Full-Year 2026 Guidance

Revenue

$1,870 - $1,885 million

Revenue Growth

6.9% - 7.7%

Adjusted EBITDA

$745 - $760 million

Adjusted EBITDA Margin

~40%

Our full year 2026 guidance reflects our carve-out financial results for the first six months of the year and consolidated financial results for the second six months.

The Company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the Company is unable to estimate certain items that impact Net income, and other reconciling metrics are outside the Company’s control and/or cannot be estimated without unreasonable effort. The amounts and timing of these items are uncertain and could be material to the Company’s results calculated in accordance with GAAP.

Earnings Webcast

Mobility Global will host a live conference call at 8:00 a.m. EDT on Friday, August 7, 2026 to discuss its second quarter 2026 financial results. The conference call will be webcast to the public via a link on the Investor Relations website at https://ir.mobilityglobal.com.

Additional Information Regarding Non-GAAP Measures

It should be noted that Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow are financial measures that are not required by, or presented in accordance with, accounting principles generally accepted in the United States, or GAAP. These non-GAAP measures should not be considered as alternatives to Net income attributable to Mobility Global or other comparable measures calculated and reported in accordance with GAAP. These measures are presented here to provide additional useful measurements to review the Company’s operations, provide transparency to investors and enable period-to-period comparability of financial performance. The Company’s chief operating decision maker uses these measures to assess the ongoing performance of the Company and its segments, as well as for business and enterprise planning purposes.

A description of other non-GAAP financial measures that Mobility Global uses to evaluate its operations and financial performance, and reconciliation of these non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, can be found in Exhibit 5 of this press release, which is also available on Mobility Global’s website at https://ir.mobilityglobal.com.

Forward-Looking Statements

This press release contains “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management’s current views concerning future events, trends, contingencies or results, as well as our full-year 2026 guidance, appear at various places in this press release and use words like “anticipate,” “assume,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “future,” “intend,” “plan,” “potential,” “predict,” “project,” “strategy,” “target” and similar terms, and future or conditional tense verbs like “could,” “may,” “might,” “should,” “will” and “would.” For example, management may use forward-looking statements when addressing topics such as: the outcome of contingencies; future actions by regulators; changes in the business strategies and methods of generating revenue of the Company; and the development and performance of the Company’s services and products; the expected impact of acquisitions and dispositions; the Company’s effective tax rates; the Company’s cost structure, dividend policy, cash flows or liquidity.

Forward-looking statements are subject to inherent risks and uncertainties. Several factors could cause actual results to differ materially from those expressed or implied in forward-looking statements. The Company and its subsidiaries operate in a dynamic business environment in which new risks emerge frequently. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the dates on which they are made. The Company undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Further information about the Company’s businesses, including information about factors that could materially affect its results of operations and financial condition, is contained in the Company’s filings with the SEC, including the section titled “Risk Factors” of our Quarterly Report on Form 10-Q, filed with the SEC on August 7, 2026.

About Mobility Global

Mobility Global is the world’s standard for automotive information, providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions, and Market Scan, supporting the world’s major automotive manufacturers, suppliers, dealer groups, media, financial institutions, and consumers with data, forecasts, insights, technology, and innovation. For more, visit mobilityglobal.com.

Contacts:

Investor Relations:
Tejal Engman
Managing Director, Investor Relations
tejal.engman@mobilityglobal.com

Media:
Kara Evanko
Global Head of Communications
kara.evanko@mobilityglobal.com

Mobility Global Inc.

Condensed Combined Statements of Operations

Three and six months ended June 30, 2026 and 2025

(dollars in millions, except per share data)

 

(unaudited)

Three Months Ended

June 30,

 

Change

 

Six Months Ended

June 30,

 

Change

 

 

2026

 

 

2025

 

$

 

%

 

 

2026

 

 

2025

 

$

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

$

468

 

$

439

 

$

29

 

 

7

%

 

$

923

 

$

859

 

$

64

 

 

7

%

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating-related expenses

 

134

 

 

132

 

 

2

 

 

2

%

 

 

270

 

 

259

 

 

11

 

 

4

%

Selling and general expenses

 

175

 

 

134

 

 

41

 

 

31

%

 

 

335

 

 

265

 

 

70

 

 

26

%

Depreciation

 

3

 

 

3

 

 

-

 

 

-

%

 

 

7

 

 

7

 

 

-

 

 

-

%

Amortization of intangibles

 

74

 

 

74

 

 

-

 

 

-

%

 

 

148

 

 

148

 

 

-

 

 

-

%

Total expenses

 

386

 

 

343

 

 

43

 

 

13

%

 

 

760

 

 

679

 

 

81

 

 

12

%

Operating profit

 

82

 

 

96

 

 

(14

)

 

(15

)%

 

 

163

 

 

180

 

 

(17

)

 

(9

)%

Interest expense, net

 

7

 

 

4

 

 

3

 

 

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