2025年二季度移动技术上市公司数据表及估值指南（英）2025

EMERGING TECH RESEARCH Mobility Tech PublicComp Sheet andValuation Guide PitchBook Data, Inc. Key takeaways Nizar TarhuniExecutive Vice President of Researchand Market Intelligence Paul CondraGlobal Head of Private Markets Research •Following a sharp reset at the beginning of the quarter, US equity markets powered through Q2. The S&P 500 notched a 10% gain,trailed by the S&P 500 Information Technology index, which rose 5%. James UlanDirector of EmergingTechnology Research Institutional Research Group •Returns for mobility tech comps were mixed across the segments. Analysis Jonathan GeurkinkSenior Research Analyst, Mobility Techand Supply Chain Techjonathan.geurkink@pitchbook.com •The autonomous driving hardware segment was up an average of 50% in the quarter. Shares of lidar companies Innoviz and AEyelifted off the bottom during the quarter, driving up overall returns for the segment. pbinstitutionalresearch@pitchbook.comPublished on August 8, 2025 •Returns for the auto commerce segment rose an average of 18% during the quarter, led by Carvana, Sonic Automotive, andAutoNation, which rose 59%, 38%, and 21%, respectively. Contents Key takeaways2Stock returns3Revenue4EBITDA6 •The EV segment was up an average of 8% in the quarter. Shares of traditional automotive OEMs were largely flat, stemming fromuncertainty about the impact of tariffs on automotive supply chains. Tesla shares rose 18% in the quarter despite the company’scontinued declines in sales and cash flow. •In ride-hailing, both Uber and Lyft posted strong returns, up 28% and 29%, respectively. Uber’s first-quarter results missedrevenue growth expectations, but higher margins buoyed investor sentiment. •Overall, mobility tech comps continue to be supported by incremental advances in autonomous driving and potentially lowerregulatory hurdles in the US; however, they remain burdened by the withdrawal of tax subsidies supporting EV adoption anduncertainties about the impact of changing tariffs and trade on mobility-related supply chains. PitchBook clients can accessthefull Excel data packfor thisreport via the Details tab in thedocument viewer. Stock returns Revenue Revenue EBITDA EBITDA ©2025 by PitchBook Data, Inc. All rights reserved. No part of this publication may be reproduced in any form or by any means—graphic, electronic, or mechanical,including photocopying, recording, taping, and information storage and retrieval systems—without the express written permission of PitchBook Data, Inc. Contents arebased on information from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.Nothingherein should be construed as any past, currentor future recommendation to buy or sell any security or an offer to sell, or a solicitation of an offer to buy any security. This material does not purport to contain all of theinformation that a prospective investor may wish to consider and is not to be relied upon as such or used in substitution for the exercise of independent judgment.