The EPS miss is largely one-time (spin-off costs), so focus on Q3 consolidated results for the clean read-through. Revenue and EBITDA trends are solid; the dividend initiation signals management confidence. Watch for any post-spin-off leverage changes and debt service costs.
Price Chart
Executive Summary
Mobility Global reported Q2 2026 revenue of $468M (+7% YoY) and adjusted EBITDA of $202M (+7%), but GAAP diluted EPS of $0.18 missed consensus of $0.46 by 61% due to $36M in spin-off transaction costs. The company initiated a $0.06 quarterly dividend and maintained full-year revenue guidance of $1,870-$1,885M, reflecting steady core operations despite one-time GAAP earnings drag.
Key Financial Metrics
Key Facts
- Total revenue $468M, up 7% YoY (vs consensus $469.9M, in-line)
- GAAP diluted EPS $0.18, down 18% YoY (vs consensus $0.46, a 61% miss)
- Adjusted EBITDA $202M, up 7% YoY; margin 43% (flat)
- Net income $53M, down 18% YoY; operating profit $82M, down 15%
- Subscription revenue $383M, up 7% (82% of total revenue)
- Full-year 2026 revenue guidance $1,870-$1,885M (6.9%-7.7% growth), maintained
- Initiated quarterly cash dividend of $0.06 per share
- Completed spin-off from S&P Global on July 1, 2026
- Operating cash flow $135M, down 19% YoY; free cash flow $129M, down 21%
- Long-term debt $1.981B; cash and equivalents $186M
Financial Impact
GAAP EPS miss of $0.28 per share (61% below consensus) driven by $36M in transaction costs; core adjusted EBITDA growth of 7% and maintained guidance provide offset
Risk Factors
- Integration and execution risks as a standalone public company
- High goodwill ($8.845B) and intangible assets ($3.640B) relative to equity
- Declining operating cash flow and free cash flow year-over-year
- Debt of $1.981B with interest expense up 75% YoY
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0002090312-26-000013 |
| Exhibit: exhibit992.htm | 0002090312-26-000013 |
| Document: mbgl-20260807.htm | 0002090312-26-000013 |
| Document: 0002090312-26-000013-index-headers.html | 0002090312-26-000013 |
| Document: 0002090312-26-000013-index.html | 0002090312-26-000013 |
| Document: 0002090312-26-000013.txt | 0002090312-26-000013 |
| 8-K Data (Synthetic) | 0002090312-26-000013 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 13, 2026 7w ago | Insider Buy | $20.34 $20.26 | ▼ −0.39% | ▲ +1.60% | $17.19 (−15.46%) |
Aug 7, 2026 8w ago | 8-K | $19.70 $20.58 | ▲ +4.47% | ▲ +4.86% | $17.19 (−12.72%) |
Jul 2, 2026 13w ago | 8-K | $19.80 $20.48 | ▲ +3.43% | ▲ +3.85% | $17.19 (−13.16%) |
Jul 1, 2026 13w ago | 3 | $19.80 $20.48 | ▲ +3.43% | ▲ +3.85% | $17.19 (−13.16%) |
Jul 1, 2026 13w ago | 3 | $19.80 $20.48 | ▲ +3.43% | ▲ +3.85% | $17.19 (−13.16%) |
Jul 1, 2026 13w ago | 3 | $19.80 $20.48 | ▲ +3.43% | ▲ +3.85% | $17.19 (−13.16%) |
Jul 1, 2026 13w ago | 3 | $19.80 $20.48 | ▲ +3.43% | ▲ +3.85% | $17.19 (−13.16%) |
Jul 1, 2026 13w ago | 3 | $19.80 $20.48 | ▲ +3.43% | ▲ +3.85% | $17.19 (−13.16%) |
Jul 1, 2026 13w ago | 3 | $19.80 $20.48 | ▲ +3.43% | ▲ +3.85% | $17.19 (−13.16%) |
Jun 4, 2026 17w ago | 3 | — | awaiting T+20 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access