CENTREVILLE, Va.--(BUSINESS WIRE)--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.

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

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

Non-GAAP Financial Measures - Definitions

Adjusted EBITDA, Adjusted EBITDA Margin, and Free cash flow

Adjusted EBITDA is a non-GAAP measure and is defined as our GAAP net income adjusted to exclude (1) interest expense, net, (2) provisions for income taxes, (3) depreciation and amortization, (4) stock-based compensation, (5) transaction costs related to the stand-up of the Spin Business in connection with the Separation, and (6) employee severance charges and other costs that are not representative of the underlying economics of the periods presented. Net income is the most directly comparable GAAP financial measure to Adjusted EBITDA. Adjusted EBITDA margin is a non-GAAP measure and refers to Adjusted EBITDA divided by GAAP revenue. Further, Mobility Global presents these non-GAAP measures on a segment basis, which are subject to the same adjustments as Adjusted EBITDA. Free cash flow is a non-GAAP financial measure and reflects our cash provided by operating activities less capital expenditures.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260806846937/en/

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

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

Source: Mobility Global Inc.