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VERRA MOBILITY (VRRM)

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Earnings summaries and quarterly performance for VERRA MOBILITY.

Recent press releases and 8-K filings for VRRM.

Verra Mobility Reports Strong Q4 2025 Revenue, Provides 2026 Guidance and Details NYC Contract
VRRM
Earnings
Guidance Update
Share Buyback
  • Verra Mobility closed 2025 with strong execution, reporting a 16% increase in total revenue for the fourth quarter compared to Q4 2024, exceeding internal expectations.
  • The company signed and registered a $998 million contract with the New York City Department of Transportation at the end of December 2025, which includes a 5-year term and an option for renewal. This contract contributed $22 million in revenue in Q4 2025.
  • For 2026, Verra Mobility expects total revenue in the range of $1.02 billion-$1.03 billion and adjusted EBITDA between $405 million-$415 million, with adjusted EPS projected at $1.32-$1.38 per share.
  • Adjusted EBITDA margins are anticipated to decline by approximately 250 basis points in 2026 due to portfolio mix and the New York City renewal contract, but are expected to expand in 2027 and beyond.
  • In Q4 2025, the company repurchased approximately 6 million shares for about $133 million, contributing to over $650 million returned to shareholders through buybacks over the past five years.
4 days ago
Verra Mobility Reports Q4 2025 Results and Provides 2026 Guidance
VRRM
Earnings
Guidance Update
New Projects/Investments
  • Verra Mobility reported a 16% increase in total revenue for Q4 2025 compared to Q4 2024, with full-year 2025 adjusted EPS reaching $1.32 per share.
  • The company signed and registered a significant $998 million five-year contract with the New York City Department of Transportation at the end of December 2025, which includes a five-year renewal option.
  • For 2026, Verra Mobility projects total revenue between $1.02 billion and $1.03 billion, adjusted EBITDA between $405 million and $415 million, and non-GAAP adjusted EPS in the range of $1.32 to $1.38 per share.
  • The company anticipates a 250 basis point decline in its 2026 adjusted EBITDA margin compared to 2025, primarily due to portfolio mix and the New York City contract's service pricing changes and subcontractor requirements.
4 days ago
Verra Mobility Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
VRRM
Earnings
Guidance Update
New Projects/Investments
  • Verra Mobility closed 2025 with strong execution, reporting a 16% increase in total revenue for the fourth quarter compared to Q4 2024, and a full year 2025 adjusted EPS of $1.32 per share.
  • The company signed and registered a $998 million contract with the New York City Department of Transportation for automated photo enforcement, spanning 5 years with an option for a 5-year renewal.
  • The Government Solutions segment saw a 25% increase in total revenue in Q4 2025, primarily driven by the New York City red light expansion, and secured approximately $64 million in incremental ARR bookings for the full year 2025.
  • For 2026, Verra Mobility expects total revenue to be flat in Q1 compared to Q1 2025, followed by high single-digit year-over-year growth in Q2, and mid-single-digit growth in Q3 and Q4, with full year adjusted EBITDA margins projected to reach 40%.
  • Strategic investments in technology platforms like Mosaic are expected to be cost-neutral in 2026 and generate $10 million-$20 million in annual operating expense savings from 2027 onwards.
4 days ago
Verra Mobility Announces Q4 and Full Year 2025 Results and Provides 2026 Guidance
VRRM
Earnings
Guidance Update
Share Buyback
  • Verra Mobility reported Q4 2025 total revenue of $258 million, representing 16% year-over-year growth, with Adjusted EBITDA at $102 million and Adjusted EPS of $0.30.
  • For the full year 2025, total revenue reached $979 million and Adjusted EBITDA was $416 million, with Free Cash Flow conversion at 33%.
  • The company finalized a $998 million total contract value agreement with the New York City Department of Transportation for automated enforcement and repurchased $133 million of stock in Q4 2025.
  • For 2026, Verra Mobility anticipates total revenue between $1,020 million and $1,030 million, Adjusted EBITDA between $405 million and $415 million, and Adjusted EPS between $1.32 and $1.38.
4 days ago
Verra Mobility Announces Fourth Quarter and Full Year 2025 Financial Results
VRRM
Earnings
Guidance Update
Share Buyback
  • Verra Mobility reported full year 2025 revenue of $979.1 million and net income of $136.6 million, with Adjusted EPS of $1.32 per share.
  • For the fourth quarter of 2025, total revenue increased 16% to $257.9 million compared to the fourth quarter of 2024, and net income was $18.9 million, or $0.12 per share.
  • The company entered into a new five-year contract with the New York City Department of Transportation, effective January 1, 2026, with a total contract value of $998 million.
  • During the fourth quarter of 2025, Verra Mobility repurchased $133.4 million of shares of common stock.
  • Verra Mobility provided fiscal year 2026 guidance, projecting total revenue between $1,020 million and $1,030 million, and Adjusted EPS between $1.32 and $1.38.
4 days ago
Verra Mobility Announces Fourth Quarter and Full Year 2025 Financial Results and 2026 Guidance
VRRM
Earnings
Guidance Update
Share Buyback
  • Verra Mobility reported full year 2025 revenue of $979.1 million and net income of $136.6 million, with Adjusted EPS of $1.32. For the fourth quarter of 2025, total revenue increased 16% to $257.9 million compared to the fourth quarter of 2024.
  • The company provided fiscal year 2026 guidance, projecting total revenue between $1,020 million and $1,030 million, Adjusted EBITDA between $405 million and $415 million, and Adjusted EPS from $1.32 to $1.38.
  • Verra Mobility entered into a new five-year contract with the New York City Department of Transportation, effective January 1, 2026, with a total contract value of $998 million.
  • During the fourth quarter of 2025, the company repurchased $133.4 million of shares of common stock.
4 days ago
Verra Mobility expands Hawaii automated enforcement program with $160 million contract
VRRM
New Projects/Investments
Revenue Acceleration/Inflection
  • Verra Mobility is expanding its red-light and speed enforcement program with the Hawaii Department of Transportation (HDOT) through a 10-year contract totaling approximately $160 million.
  • This expansion will establish the first statewide automated enforcement program in the United States, increasing the number of sites from 17 to 187 dual-enforcement cameras across Hawaii's major islands.
  • The existing red-light program in Oahu has shown significant safety improvements, including a 76% reduction in the major crash rate and a 62% decline in daily red-light running violations.
  • In 2026, 30 additional cameras are expected to be installed and running as part of the next phase of construction.
Feb 19, 2026, 9:15 PM
Verra Mobility Finalizes $998 Million Contract with NYC DOT
VRRM
New Projects/Investments
Revenue Acceleration/Inflection
  • Verra Mobility (VRRM) has finalized a new five-year contract with the New York City Department of Transportation (NYC DOT) worth $998 million, effective January 1, 2026.
  • This new contract represents a 34% increase in value compared to the previous five-year period (2021-2025) and includes an option for an additional five-year extension.
  • The agreement expands NYC's automated enforcement camera programs, including the red-light safety camera program to 600 signalized intersections and future growth of automated bus lane enforcement.
Feb 11, 2026, 2:05 PM
Verra Mobility Partners with Locauto Group for Electronic Toll Payments in Italy
VRRM
New Projects/Investments
Product Launch
  • Verra Mobility (NASDAQ: VRRM) announced a partnership with Italian rental car company Locauto Group to offer an electronic toll payment solution across Italy.
  • This solution allows drivers to automatically pay tolls electronically, bypassing tollbooths and eliminating the need for cash, and can be opted into at over 100 Locauto rental locations.
  • The partnership addresses the growing demand for electronic toll payment solutions in Italy, which has over 7,000 kilometers of toll motorways and a car rental market growing at approximately 5% annually.
  • Locauto Group also operates the Enterprise, National, and Alamo brands in Italy through an exclusive partnership agreement with Enterprise Mobility.
Jan 28, 2026, 9:15 PM
Verra Mobility Selected for Speed Safety Programs in Glendale and Long Beach
VRRM
New Projects/Investments
  • Verra Mobility Corporation has been selected by the cities of Glendale and Long Beach, California, to deliver, operate, and maintain speed safety programs.
  • These cities are the third and fourth to contract with Verra Mobility for California's speed safety pilot program, with Glendale deploying systems at nine locations and Long Beach at 18 locations.
  • Verra Mobility, with over 20 years of experience, currently operates speed safety programs in San Francisco and Oakland, and similar programs have demonstrated significant reductions in speeding and traffic-related injuries and fatalities.
Jan 20, 2026, 2:05 PM