Mobility Global posts Q2 revenue of $468 million
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.
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%.
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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.
8-K Event Classification
3 items: 2.02, 7.01, 9.01
3 items
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, or exhibit attachments filed with this report.
Key Figures
Q2 2026 Revenue: $468 million
Q2 2026 Net Income: $53 million
Q2 2026 Adjusted EBITDA: $202 million
+4 more
7 metrics
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
Key Terms
Adjusted EBITDA, Free cash flow, carve-out basis, Senior Notes, +1 more
5 terms
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.
Earnings Snapshot
Revenue: $468 million · Guidance included
Three months ended June 30, 2026
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.