10-K · February 24, 2026
Verra Mobility reported full-year 2025 revenue of approximately $979.1 million (sum of segment revenues disclosed in the filing) driven by Government Solutions ($460.7M, ~47%) and Commercial Services ($435.8M, ~45%).…
Earnings analysis · 10-Q
VRRM earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Verra Mobility reported a slight increase in Q1 2026 revenue to $223.6 million, modestly surpassing expectations, but earnings per share (EPS) of $0.17 fell short of the consensus estimate of $0.23. This quarter also…
Read full summary
Verra Mobility reported a slight increase in Q1 2026 revenue to $223.6 million, modestly surpassing expectations, but earnings per share (EPS) of $0.17 fell short of the consensus estimate of $0.23. This quarter also reflected significant operational challenges, with operating expenses surging, contributing to a decrease in net income compared to the previous year. Management reaffirmed its full-year guidance but faces notable headwinds in key segments.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.17
- Segment
- Commercial Services
- Segment
- Government Solutions
- Segment
- Parking Solutions
What stood out
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Revenue Matches Estimates
Q1 2026 revenue reached $223.6 million, slightly above the estimated $223.5 million.
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Adjusted EPS Misses Consensus
Earnings per share came in at $0.17, below the consensus estimate of $0.23.
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Operating Expense Surge
Operating expenses increased by $12.2 million, or 16.6%, from the prior year.
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Reaffirmed Full-Year Guidance
Management reaffirmed full-year revenue guidance of $1,020-$1,030 million and EPS of $1.32-$1.38.
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Segment Growth in Government Solutions
Government Solutions revenue increased by $4.1 million, or 4.4%, to $98.1 million.
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Share Repurchases
The company repurchased $50.2 million worth of shares in Q1 2026.
What to watch
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Decreased Cash Flow
Operating cash flow fell to $40.8 million from $63.0 million year-over-year.
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Increased Operating Expenses
Operating expenses surged to $85.9 million, rising from $73.7 million in Q1 2025.
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Customer Concentration Risks
Top customers represent over 10% of total revenue, with risks of contract negotiations impacting future earnings.
Management's outlook
Full-year guidance of $1,020-$1,030 million for revenue and $1.32-$1.38 for adjusted EPS remains unchanged.
Earlier filings 4
10-Q · August 6, 2025
Verra Mobility reported Q2 revenue of $236.0 million (three months ended June 30, 2025) versus $222.4 million a year ago, driving operating income of $63.2 million and diluted EPS of $0.24. Balance sheet and cash flow…
10-Q · May 7, 2025
Verra Mobility reported Q1 revenue of $223,254,000 (up $13,524,000 or +6.45% vs. Q1 2024) and GAAP diluted EPS of $0.20 (vs. $0.17 in Q1 2024). Operating income was $57,385,000 (operating margin 25.7%) and operating…
10-K · February 27, 2025
Verra Mobility describes a platform strategy focused on integrated, data-driven smart mobility solutions across three segments (Commercial Services, Government Solutions, Parking Solutions) with scale in…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.