Mobility Global Q3 net income drops 41% to $42 million
MBGL•Mobility Global’s third-quarter 2026 net income fell 41% year over year to $42 million, while revenue rose 7% to $478 million. The board authorized an $800 million share repurchase program, and full-year revenue guidance remained unchanged.
1. Quarterly results
Mobility Global’s third-quarter 2026 net income fell 41% year over year to $42 million, while revenue increased 7% to $478 million. Operating cash flow climbed 42% to $205 million.
2. Buyback and guidance
The board authorized an $800 million share repurchase program, targeting $350 million to $450 million in buybacks through year-end 2027. Full-year 2026 revenue guidance remained unchanged at $1.87 billion to $1.89 billion.
