Earnings release
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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 1
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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 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)% 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%
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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 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 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
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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 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
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(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 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% (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
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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. % 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