Mobility Global (MBGL) Investor Day 2026 summary

Strategic vision and market opportunity

• Positioned to spin off from S&P Global and become an independent public company by mid-2026, targeting the $8 trillion global automotive market and addressing a $78B TAM by deepening core penetration, launching new solutions, and internationalizing offerings.

• Positioned as a scaled industry leader with $1.75B revenue and 8.6% CAGR from 2023–2025.

• Operates two main segments: B2B solutions (35% of revenue) serving OEMs, suppliers, and dealers, and CARFAX (65% of revenue) focused on consumer automotive information needs.

• Significant growth runway remains, with less than 50% penetration among top OEMs and suppliers, and a goal to expand direct consumer relationships from 53 million to 150 million in North America and 1 billion globally.

• Secular trends such as electrification, autonomous driving, regulation, supply chain shifts, and affordability are driving increased demand for data and analytics.

Core assets and competitive differentiation

• Proprietary data estate built over decades, with 177,000+ data sources and 38B+ vehicle records, deeply integrated across the automotive ecosystem and powering over 90% of revenue.

• Trusted brands, especially CARFAX, are synonymous with transparency and trust, driving consumer demand and dealer adoption.

• Embedded in customer workflows, with products and data used by 40 of the top 40 OEMs, 94 of the top 100 suppliers, and 40,000+ dealers; CARFAX is a requirement for 36 OEM certified pre-owned programs.

• Data and brand flywheel: consumer demand for CARFAX reports drives dealer adoption, reinforcing the brand and data network.

• Deep, relationship-based data partnerships with shops, dealers, and agencies, often providing reciprocal value and tools, making the data estate difficult to replicate.

Business segments and growth drivers

• B2B Solutions generated $608M in FY25, with 82% subscription revenue and 4.5% CAGR.

• CARFAX delivered $1.14B in FY25, 81% subscription-based, with ~11% CAGR and 96% in-market awareness.

• Both segments leverage unique data estates, embedded workflows, and AI-driven products for growth.

• Growth vectors include higher adoption, upsells, new AI-powered solutions, and international expansion.

• B2B and CARFAX serve OEMs, suppliers, dealers, financial institutions, and consumers globally.