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Mobility Global (MBGL) Q2 profit falls as revenue hits $468M

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Mobility Global Inc. reported Q2 2026 revenue of $468 million, up 7% from Q2 2025, led by 8% growth at CARFAX and 4% in B2B. Net income was $53 million (11% margin) versus $65 million, while Adjusted EBITDA rose to $202 million with a steady 43% margin.

First-half 2026 revenue reached $923 million and net income $108 million. The company completed its spin-off and began trading as an independent public company on July 1, 2026, and initiated a quarterly dividend of $0.06 per share.

Free cash flow for Q2 was $129 million versus $163 million, and cash at June 30, 2026 was $186 million alongside $1,981 million of long-term debt. Full-year 2026 guidance calls for revenue of $1,870–$1,885 million and Adjusted EBITDA of $745–$760 million, implying an Adjusted EBITDA margin of about 40%.

Positive

  • None.

Negative

  • None.

Filing Explained

The August 7 results are furnished, not filed, and reporting switches from carve-out to consolidated results in the third quarter of 2026.

Mobility Global uses this Form 8-K to furnish specified results and supplemental information; the materials are not deemed filed for Section 18 purposes and are not incorporated into registration statements unless expressly referenced.

The reported second-quarter figures and prior periods remain presented on a carve-out basis, while the company says reporting will shift to consolidated results beginning with the third quarter, its first full quarter as a standalone company.

The 2026 guidance therefore combines carve-out results for the first six months with consolidated results for the second six months, so the reporting basis changes during the guided year.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Q2 2026 Revenue $468 million Three months ended June 30, 2026; up 7% vs Q2 2025
Q2 2026 Net Income $53 million Three months ended June 30, 2026; 11% net income margin
Q2 2026 Adjusted EBITDA $202 million Three months ended June 30, 2026; 43% Adjusted EBITDA margin
Q2 2026 Free Cash Flow $129 million Three months ended June 30, 2026; compared with $163 million in Q2 2025
Quarterly Dividend $0.06 per share Common stock dividend payable September 10, 2026 to holders of record August 27, 2026
2026 Revenue Guidance $1,870 - $1,885 million Full-year 2026 revenue outlook; 6.9%–7.7% growth
2026 Adjusted EBITDA Guidance $745 - $760 million Full-year 2026 Adjusted EBITDA outlook; ~40% Adjusted EBITDA margin
Adjusted EBITDA financial
"Delivered net income of $53 million and adjusted EBITDA of $202 million, which represents a 43% margin"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
Free cash flow financial
"Free cash flow is a non-GAAP financial measure and reflects our cash provided by operating activities less capital expenditures"
Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.
carve-out basis financial
"The second quarter ended June 30, 2026 and all prior periods are presented on a carve-out basis"
Carve-out basis is the value assigned to the assets, liabilities and equity of a business unit when that unit is separated or sold from a larger company. It determines the starting point for taxes, future profit or loss calculations, and depreciation or amortization, so it directly affects both the seller’s reported gains and the buyer’s future expenses. Think of it like setting the price labels when dividing a shared household into separate estates—those labels change who pays what and how much they report over time.
Senior Notes financial
"Proceeds from issuance of Senior Notes | 1,986"
Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.
non-GAAP financial measures financial
"Non-GAAP Financial Measures: Adjusted EBITDA and Adjusted EBITDA Margin are financial measures that are not required by, or presented in accordance with, GAAP"
Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.
Revenue $468 million 7% vs Q2 2025
Net income $53 million (18)% vs Q2 2025
Diluted EPS $0.18 (18)% vs Q2 2025
Adjusted EBITDA $202 million 7% vs Q2 2025
Free cash flow $129 million (21)% vs Q2 2025
Guidance

Full-year 2026 guidance: revenue $1,870–$1,885 million (6.9%–7.7% growth) and Adjusted EBITDA $745–$760 million with ~40% Adjusted EBITDA margin; first half on carve-out basis and second half on a consolidated basis.

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FAQ

What were Mobility Global (MBGL) Q2 2026 revenue and net income?
Mobility Global reported Q2 2026 revenue of $468 million, up 7% year over year, and net income of $53 million, representing an 11% net margin compared with $65 million and a 15% margin in Q2 2025.

How did Mobility Global (MBGL) segments CARFAX and B2B perform in Q2 2026?
In Q2 2026, CARFAX revenue was $312 million, up 8% year over year, while the B2B segment delivered $156 million of revenue, up 4%. Subscription revenue grew 7% and non-subscription revenue increased 5% versus Q2 2025.

What dividend did Mobility Global (MBGL) declare and when will it be paid?
The board declared a quarterly dividend of $0.06 per share, payable on September 10, 2026 to shareholders of record as of August 27, 2026, marking the initiation of a regular cash return to shareholders.

What is Mobility Global (MBGL) full-year 2026 financial guidance?
For 2026, Mobility Global guides revenue to $1,870–$1,885 million, implying 6.9%–7.7% growth, and Adjusted EBITDA to $745–$760 million with an Adjusted EBITDA margin of about 40%, based on carve-out results for H1 and consolidated results for H2.

How did Mobility Global (MBGL) cash flow and free cash flow trend in Q2 2026?
Net cash provided by operating activities in Q2 2026 was $135 million versus $166 million a year earlier. Free cash flow was $129 million compared with $163 million in Q2 2025, reflecting lower operating cash flow and higher capital expenditures.

Which non-GAAP metrics does Mobility Global (MBGL) emphasize?
Mobility Global highlights Adjusted EBITDA, Adjusted EBITDA Margin, and Free cash flow. Adjusted EBITDA adds back interest, taxes, depreciation, amortization, stock-based compensation, transaction costs, and certain severance and other items to GAAP net income to aid period-to-period performance comparisons.

How did Mobility Global’s (MBGL) balance sheet change by June 30, 2026?
At June 30, 2026, cash and cash equivalents were $186 million versus $38 million at December 31, 2025, while long-term debt was $1,981 million, primarily reflecting proceeds from the issuance of Senior Notes as part of the separation financing.
0002090312FALSE00020903122026-08-072026-08-07
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 7, 2026
Mobility Global Inc.
(Exact Name of Registrant as specified in its charter)
Delaware
001-43276
39-4621962
(State or other jurisdiction of
incorporation or organization)
(Commission File No.)
(IRS Employer Identification No.)
5860 Trinity Parkway, Suite 600, Centreville, VA 20120
(Address of Principal Executive Offices) (Zip Code)
(703) 934-2664
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of Exchange on which registered
Common stock (par value $0.01 per share)
MBGL
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the
Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
Emerging growth company            ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended
transition period for complying with any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act.                                          ☐
Item 2.02.  Results of Operations and Financial Condition.
On August 7, 2026, Mobility Global Inc. (the “Company”) issued an earnings release containing a discussion of the
Company’s results of operations and financial condition for the second quarter ended June 30, 2026, as well as certain
guidance for 2026. A copy of this release is being furnished as Exhibit 99.1 hereto and incorporated herein by reference. In
addition, on August 7, 2026, the Company will hold a teleconference for analysts and media to discuss results for the
second quarter ended June 30, 2026. The teleconference will be webcast on the Company’s website at
www.mobilityglobal.com.
Item 7.01.    Regulation FD Disclosure.
On August 7, 2026, the Company issued supplemental information, furnished as Exhibit 99.2 and incorporated herein by
reference, providing supplemental financial information for full year 2025 and the four quarters of 2025.
In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including the
information contained in Items 2.02 and 7.01, and Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not
be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of Section 18. Furthermore, the information contained in this report shall not be deemed to be incorporated by
reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except
as expressly set forth by specific references in such a filing.
Item 9.01.    Financial Statements and Exhibits.
(d)Exhibits. The following exhibits are furnished with this report:
(99.1)     Earnings Release of the Registrant, dated August 7, 2026.
(99.2)Supplemental Financial Information, dated August 7, 2026.
(104)     Cover Page Interactive Data File (formatted as Inline XBRL).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Form
8-K Report to be signed on its behalf by the undersigned hereunto duly authorized.
Mobility Global Inc.
By:
/s/ Matthew A. Calderone
Name:   Matthew A. Calderone
Dated: August 7, 2026
Title:     Chief Financial Officer
Page 1
image.jpg
5860 Trinity Parkway
Centreville, VA 21020
www.mobilityglobal.c
MOBILITY GLOBAL REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS
CENTREVILLE, Va., August 7, 2026 - 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.
Page 2
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.
Page 3
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.
Page 4
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
Exhibit 1
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
75%
10
7
3
43%
Income before provision for
income taxes
75
92
(17)
(18)%
153
173
(20)
(12)%
Provision for income taxes
22
27
(5)
(19)%
45
50
(5)
(10)%
Net income
$53
$65
$(12)
(18)%
$108
$123
$(15)
(12)%
Net income per common share:
Basic
$0.18
$0.22
$(0.04)
(18)%
$0.37
$0.42
$(0.05)
(12)%
Diluted
$0.18
$0.22
$(0.04)
(18)%
$0.37
$0.42
$(0.05)
(12)%
N/M - Represents a change equal to or in excess of 100% or not meaningful
Exhibit 2
Mobility Global Inc.
Condensed Combined Balance Sheets
June 30, 2026 and December 31, 2025
(dollars in millions)
(unaudited)
June 30,
December 31,
2026
2025
Assets:
Current assets:
Cash and cash equivalents
$186
$38
Due from related parties – current
17
8
Accounts receivable, net of allowance for doubtful accounts: 2026 – $2; 2025 – $2
216
203
Prepaid and other current assets
47
32
Total current assets
466
281
Property and equipment, net of accumulated depreciation: 2026 – $84; 2025 – $81
18
19
Right of use assets
33
16
Goodwill
8,845
8,845
Other intangible assets, net
3,640
3,789
Other non-current assets
58
45
Total assets
$13,060
$12,995
Liabilities and Equity:
Accounts payable
$63
$56
Due to related parties – current
—
19
Accrued compensation and contributions to retirement plans
41
64
Unearned revenue
102
78
Other current liabilities
42
45
Total current liabilities
248
262
Long-term debt
1,981
—
Operating lease liabilities
27
11
Deferred tax liability, net
967
1,006
Due to related parties – non-current
—
230
Other non-current liabilities
2
1
Total liabilities
3,225
1,510
Commitments and Contingencies (Note 8)
Equity:
Parent company investment
9,833
11,489
Accumulated other comprehensive income (loss)
2
(4)
Total equity
9,835
11,485
Total liabilities and equity
$13,060
$12,995
Exhibit 3
Mobility Global Inc.
Condensed Consolidated Statements of Cash Flows
Six months ended June 30, 2026 and 2025
(dollars in millions)
(unaudited)
2026
2025
Operating Activities:
Net income
$108
$123
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation
7
7
Amortization of intangibles
148
148
Provision for losses on accounts receivable
2
2
Deferred income taxes
(38)
(43)
Stock-based compensation
9
9
Restructuring and other
(1)
—
Net changes in other operating assets and liabilities
(46)
(13)
Cash provided by operating activities
189
233
Investing Activities:
Capital expenditures
(12)
(8)
Purchases of equity investments
(3)
(3)
Cash used for investing activities
(15)
(11)
Financing Activities:
Proceeds from issuance of Senior Notes
1,986
—
Net transfers to Parent
(2,011)
(190)
Payments related to loan from related parties
—
(18)
Contingent consideration payments
—
(2)
Cash used for financing activities
(25)
(210)
Effect of exchange rate changes on cash
(1)
1
Net change in cash and cash equivalents
148
13
Cash and cash equivalents at beginning of period
38
27
Cash and cash equivalents at end of period
$186
$40
Exhibit 4
Mobility Global Inc.
Operating Results by Segment
Three and six months ended June 30, 2026 and 2025
(dollars in millions)
(unaudited)
Three months ended June 30, 2026
CARFAX
B2B
Corporate
Total
Revenue
$312
$156
$—
$468
Expenses:
Operating-related expenses
68
66
—
134
Selling and general expenses
93
60
22
175
Depreciation and amortization
50
27
—
77
Total expenses
211
153
22
386
Operating profit
$101
$3
$(22)
$82
Adjusted EBITDA
$153
$53
$(4)
$202
(unaudited)
Three months ended June 30, 2025
CARFAX
B2B
Corporate
Total
Revenue
$289
$150
$—
$439
Expenses:
Operating-related expenses
67
65
—
132
Selling and general expenses
84
41
9
134
Depreciation and amortization
49
28
—
77
Total expenses
200
134
9
343
Operating profit
89
16
(9)
96
Adjusted EBITDA
$142
$49
$(3)
$188
(unaudited)
Six months ended June 30, 2026
CARFAX
B2B
Corporate
Total
Revenue
$610
$313
$—
$923
Expenses:
Operating-related expenses
136
134
—
270
Selling and general expenses
184
116
35
335
Depreciation and amortization
100
55
—
155
Total expenses
420
305
35
760
Operating profit
190
8
(35)
163
Adjusted EBITDA
$293
$102
$(9)
$386
(unaudited)
Six months ended June 30, 2025
CARFAX
B2B
Corporate
Total
Revenue
$564
$295
$—
$859
Expenses:
Operating-related expenses
130
129
—
259
Selling and general expenses
169
80
16
265
Depreciation and amortization
99
56
—
155
Total expenses
398
265
16
679
Operating profit
166
30
(16)
180
Adjusted EBITDA
$272
$93
$(8)
$357
Exhibit 5
Mobility Global Inc.
Non-GAAP Financial Information
(dollars in millions)
(unaudited)
Three months ended June 30, 2026
CARFAX
B2B
Corporate
Total
Net income (GAAP)
$53
Interest expense, net
7
Provision for income taxes
22
Operating profit (GAAP)
101
3
(22)
82
Adjusted to add:
Amortization of intangibles
48
26
—
74
Depreciation
2
1
—
3
Stock-based compensation
2
3
—
5
Transaction costs
—
20
16
36
Employee severance charges and other
—
—
2
2
Adjusted EBITDA
$153
$53
$(4)
$202
% Adjusted EBITDA margin
49%
34%
N/M
43%
(unaudited)
Three months ended June 30, 2025
CARFAX
B2B
Corporate
Total
Net income (GAAP)
$65
Interest expense, net
4
Provision for income taxes
27
Operating profit (GAAP)
89
16
(9)
96
Adjusted to add:
Amortization of intangibles
48
26
—
74
Depreciation
2
1
—
3
Stock-based compensation
2
2
—
4
Transaction costs
—
—
2
2
Employee severance charges and other
1
4
4
9
Adjusted EBITDA
$142
$49
$(3)
$188
% Adjusted EBITDA margin
49%
33%
N/M
43%
(unaudited)
Six months ended June 30, 2026
CARFAX
B2B
Corporate
Total
Net income (GAAP)
$108
Interest expense, net
10
Provision for income taxes
45
Operating profit (GAAP)
190
8
(35)
163
Adjusted to add:
Amortization of intangibles
95
53
—
148
Depreciation
5
2
—
7
Stock-based compensation
3
6
—
9
Transaction costs
—
33
24
57
Employee severance charges and other
—
—
2
2
Adjusted EBITDA
$293
$102
$(9)
$386
% Adjusted EBITDA margin
48%
33%
N/M
42%
Exhibit 5
(unaudited)
Six months ended June 30, 2025
CARFAX
B2B
Corporate
Total
Net income (GAAP)
$123
Interest expense, net
7
Provision for income taxes
50
Operating profit (GAAP)
166
30
(16)
180
Adjusted to add:
Amortization of intangibles
95
53
—
148
Depreciation
5
2
—
7
Stock-based compensation
5
4
—
9
Transaction costs
—
—
2
2
Employee severance charges and other
1
4
6
11
Adjusted EBITDA
$272
$93
$(8)
$357
% Adjusted EBITDA margin
48%
32%
N/M
42%
Computation of Free Cash Flow
(unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
2026
2025
Cash provided by operating activities
135
166
189
233
Capital expenditures
(6)
(3)
(12)
(8)
Free cash flow
$129
$163
$177
$225
Exhibit 5
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.
Mobility Global Financial Data - FY2025 This file contains downloadable content that is derived from information contained in our quarterly earnings releases and periodic reports and other filings with the Securities and Exchange Commission which can be found on Mobility Global’s Investor Relations site at https://ir.mobilityglobal.com/. Non-GAAP Financial Measures: Adjusted EBITDA and Adjusted EBITDA Margin 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 Mobility Global’s earnings press release, which is also available on Mobility Global’s website at https://investors.mobilityglobal.com. 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 significant non-recurring or unusual items 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.

 

GAAP Income Statement and Non GAAP Reconciliations (EBITDA) $ Millions Q1 Q2 Q3 Q4 2025 Revenue 420 439 445 446 1,750 Expenses Operating -related expenses 127 132 129 128 516 Selling and general expenses 131 134 135 185 585 Depreciation and amortization 78 77 77 78 310 Total expenses 336 343 341 391 1,411 Operating profit 84 96 104 55 339 Interest expenses, net 3 4 4 2 13 81 92 100 53 326 Provision for income taxes 23 27 29 27 106 Net income 58 65 71 26 220 Interest and other, net 3 4 4 2 13 Provision for income taxes 23 27 29 27 106 Depreciation and amortization 78 77 77 78 310 Stock-based compensation 5 4 7 6 22 Transaction costs - 2 3 16 21 Employee severance charges 1 7 6 6 20 Legal settlement recovery (3) - (3) Other 1 2 (3) 2 2 Adjusted EBITDA 169 188 191 163 711 Income before income taxes Note: Amounts above may not tie to amounts included in public filings due primarily to rounding. Pre-separation quarterly information, including Q3 and Q4 2025, is unaudited and preliminary, and reflects the unaudited carve-out financials of the Mobility business as reported by S&P global Inc. Accordingly, these numbers are not prepared on a consistent basis and may not be comparable period over period, and the amounts ultimately reported may differ.

 

Non-GAAP Reconciliations (EBITDA, EBITDA Margin) $ Millions CARFAX B2B Corporate Total CARFAX B2B Corporate Total CARFAX B2B Corporate Total CARFAX B2B Corporate Total CARFAX B2B Corporate Total Revenue 275 145 - 420 289 150 - 439 291 154 - 445 287 159 - 446 1,142 608 - 1,750 Subscription 225 118 - 343 234 124 - 358 235 127 - 362 233 130 - 363 927 499 - 1,426 Non-subscription 50 27 - 77 55 26 - 81 56 27 - 83 54 29 - 83 215 109 - 324 Total expenses 198 131 7 336 200 134 9 343 199 131 11 341 223 150 18 391 820 546 45 1,411 Operating profit 77 14 (7) 84 89 16 (9) 96 92 23 (11) 104 64 9 (18) 55 322 62 (45) 339 Depreciation and amortization 50 28 - 78 50 27 - 77 50 27 - 77 48 30 - 78 198 112 - 310 Stock-based compensation 3 2 - 5 2 2 - 4 4 3 - 7 4 2 - 6 13 9 - 22 Transaction costs - - - - - - 2 2 - 3 3 - 6 10 16 - 9 12 21 Employee severance charges - - 1 1 1 4 2 7 - 6 - 6 1 3 2 6 2 13 5 20 Legal settlement recovery - - - - - - - - - (3) - (3) - - - - - (3) - (3) Other - - 1 1 - - 2 2 - (4) 1 (3) 1 (1) 2 2 1 (5) 6 2 Adjusted EBITDA 130 44 (5) 169 142 49 (3) 188 146 55 (10) 191 118 49 (4) 163 536 197 (22) 711 Adjusted EBITDA margin 47.3% 30.3% N/M 40.2% 49.1% 32.7% N/M 42.8% 50.2% 35.6% N/M 42.9% 41.1% 30.9% N/M 36.6% 46.9% 32.4% N/M 40.6% Q1 Q2 Q3 Q4 2025 Note: Amounts above may not tie to amounts included in public filings due primarily to rounding. Pre-separation quarterly information, including Q3 and Q4 2025, is unaudited and preliminary, and reflects the unaudited carve-out financials of the Mobility business as reported by S&P global Inc. Accordingly, these numbers are not prepared on a consistent basis and may not be comparable period over period, and the amounts ultimately reported may differ.

 

Source: View Original Filing on SEC EDGAR

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