Key Highlights

  • Shares were up 3.82% at $20.68 in pre-market, from a $19.92 prior close.
  • Revenue rose 7.4% to $478 million, with CARFAX up 8% and B2B up 6%.
  • Net income fell 41% to $42 million, while adjusted EBITDA rose 2% to $195 million.
  • Free Cash Flow climbed 37% to $186 million.
  • Full-year adjusted EBITDA guidance was lifted to $750 million to $760 million, and Revenue guidance was maintained.

Mobility Global (NYSE:MBGL) shares were up 3.82% at $20.68 in pre-market on Thursday, from a prior close of $19.92. The automotive data provider, which runs the CARFAX and B2B businesses, reported its first full quarter as a standalone public company, with growth stepping up from the first half.

Growth Across Both Segments

Revenue totaled $478 million, up 7.4% from $445 million, or 7.6% on an organic constant currency basis. CARFAX revenue rose 8% to $313 million and B2B revenue rose 6% to $164 million. Subscription revenue increased 7% to $389 million. Market data cited a revenue estimate near $475 million.

The company said it added a large global OEM to B2B Sales Solutions, and that CARFAX now covers more than 100,000 service shops and over 40 billion vehicle history records.

Profit Declines as Costs Rise

Net income fell 41% to $42 million, or $0.14 per diluted share, from $71 million, or $0.24. Selling and general expenses rose to $203 million from $135 million, and interest expense and other, net was $26 million versus $4 million. Long-term Debt was $1,981 million, compared with none at year-end 2025.

Adjusted EBITDA rose 2% to $195 million, a 41% Margin versus 43%, including standalone public company costs for the first time. Cash from Operating Activities increased 42% to $205 million.

Buyback, Dividend and Guidance

The board authorized an $800 million repurchase program in October, with Buybacks expected to begin before year end and $350 million to $450 million targeted through 2027. A quarterly dividend of $0.06 per share is payable on December 14 to holders of record on November 30.

Full-year adjusted EBITDA guidance is now $750 million to $760 million, from $745 million to $760 million. Revenue guidance of $1,870 million to $1,885 million was unchanged.

Market Backdrop and What Comes Next

The gain came as Nasdaq-100 futures were down about 0.9% and S&P 500 futures about 0.4%, with pressure on chip stocks. Jobless claims data is due at 8:30 a.m. ET. Management will host its Earnings Call at 8:00 a.m. Eastern Time, where commentary on growth, AI initiatives and Capital return may shape how pre-market moves hold into the regular session.