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...

CENTREVILLE, Va.: Mobility Global Inc. (NYSE: MBGL) (“Mobility Global” or the “Company”) today announced financial results for the second quarter ended June 30, 2026.
“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)
¹ Non-GAAP measure. See "Non-GAAP Financial Information" and the reconciliations and definitions in Exhibit 5.
Second Quarter and Recent Business Highlights
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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