Mobility Global lowered its full-year 2026 revenue and adjusted EBITDA guidance while declaring its inaugural quarterly dividend of $0.06 per share in its first earnings report as a standalone company following its spin-off from S&P Global. Second-quarter revenue rose 7% organically to $468 million and adjusted EBITDA increased about 7% to $202 million, but results fell modestly short of expectations due to a less effective CARFAX bundled-sales strategy and weaker automotive activity outside the U.S. The company now expects 2026 revenue of $1.87 billion to $1.885 billion and adjusted EBITDA of $745 million to $760 million, with standalone costs from the spin-off expected to pressure margins and generate about $100 million in additional one-time cash costs. The board approved the dividend payable September 10, but share repurchases are not expected until early 2027. Management is also advancing product launches, European expansion, and a multiyear effort to integrate its businesses under the "One Mobility Global" platform.
Mobility Global Inc.Cut 2026 guidance and announced first dividend, with standalone costs pressuring margins.
S&P Global Inc