Earnings summaries and quarterly performance for VERRA MOBILITY.
Executive leadership at VERRA MOBILITY.
David Roberts
Detailed
President and Chief Executive Officer
CEO
CC
Craig Conti
Executive Vice President and Chief Financial Officer
JB
Jonathan Baldwin
Executive Vice President, Government Solutions
JK
Jonathan Keyser
Executive Vice President and Chief Legal Officer
LB
Lin Bo
Senior Vice President, Parking Solutions
SM
Stacey Moser
Executive Vice President and General Manager, Commercial Services
Board of directors at VERRA MOBILITY.
Research analysts who have asked questions during VERRA MOBILITY earnings calls.
DK
David Koning
Robert W. Baird & Co.
6 questions for VRRM
Also covers: ACN, AVDX, CNXC +17 more
DM
Daniel Moore
CJS Securities, Inc.
5 questions for VRRM
Also covers: BOWL, CHB, CVCO +18 more
Faiza Alwy
Deutsche Bank
5 questions for VRRM
Also covers: ABM, ADV, ARMK +18 more
LD
Louie DiPalma
William Blair
4 questions for VRRM
Also covers: AIR, ASTS, AVAV +16 more
KH
Keith Housum
Northcoast Research
3 questions for VRRM
Also covers: AXON, BRC, CDW +12 more
Shefali Tamaskar
Morgan Stanley
3 questions for VRRM
Also covers: IIIV, RPAY
Nikolai Cremo
UBS
2 questions for VRRM
Also covers: MLNK, WEX
TS
Tomohiko Sano
JPMorgan Chase & Co.
2 questions for VRRM
Also covers: ALH, ALLE, AOS +13 more
JF
James Faucette
Morgan Stanley
1 question for VRRM
Also covers: ACN, ADP, AFRM +29 more
NC
Nikolai Chrin Cremo
Truist Securities
1 question for VRRM
RM
Rodney McFall
NorthCoast Research Partners, LLC
1 question for VRRM
Also covers: IPGP, LASR, MSI +1 more
WG
Will Gildea
CJS Securities
1 question for VRRM
Also covers: ATRO, EPAC, HLIO +9 more
Recent press releases and 8-K filings for VRRM.
Verra Mobility Discusses Growth Drivers, NYC Contract, and Capital Allocation at Morgan Stanley Conference
VRRM
Guidance Update
New Projects/Investments
Share Buyback
- Verra Mobility's Government Solutions segment is experiencing a "renaissance," highlighted by a new 5-year contract with New York City that began on January 1, 2026, which is expected to be roughly flat to slightly accretive in EBITDA dollars despite a $22 million-$24 million annual investment in minority and women-owned businesses.
- The Commercial Services segment is projected to achieve mid-single-digit growth over the next two years, primarily driven by travel demand, the increasing adoption of cashless toll roads, and strategic growth initiatives.
- Key strategic initiatives include the Mosaic project, an investment in a new cloud-based platform aimed at increasing Government Solutions margins from the low 20s% to the mid-to-high 20s% by 2028, and significant TAM expansion opportunities in California for school zone speed enforcement, which could add $150 million if adopted statewide.
- The company's capital allocation priorities focus on organic investment, M&A for diversification, and share buybacks, with $650 million in shares repurchased since going public, including $130 million in Q4 last year. Verra Mobility ended last year at 2.3 times net levered and aims for 2 times by year-end, with a long-term leverage target of 3 times.
Mar 3, 2026, 8:20 PM
Verra Mobility Discusses Business Segments, Growth Drivers, and Capital Allocation at Morgan Stanley Conference
VRRM
New Projects/Investments
Guidance Update
Share Buyback
- Verra Mobility finalized a new five-year contract with the New York City Department of Transportation, effective January 1, 2026, for automated enforcement camera programs, with most installations in 2026 and the remainder in 2027. This contract is roughly flat to slightly accretive in EBITDA dollars but includes a $22 million-$24 million per year investment in minority and women-owned businesses, while remaining materially accretive to the rest of the Government Solutions business in terms of margin percentage.
- The Commercial Services segment is projected for mid-single-digit growth over the next two years, driven by travel demand, increasing cashless tolls, and new initiatives. The Parking segment is expected to achieve low mid-single-digit growth this year and next, focusing on transaction-based revenue for margin improvement.
- The company's Mosaic project, an investment in an updated cloud-based platform, is a key driver for increasing Government Solutions margins from the low 20s% this year to mid-to-high 20s% by 2028.
- Verra Mobility sees significant Total Addressable Market (TAM) expansion opportunities, particularly in California with school zone speed pilot programs that could add $150 million to TAM if adopted statewide, and the rapidly growing School Bus product now in 13 states.
- Capital allocation priorities include organic investment (e.g., R&D for autonomous vehicles), M&A for diversification, and share buybacks, with $650 million repurchased since going public, including $130 million in Q4. The company targets a long-term net leverage of 3x, expecting to reach 2x by year-end.
Mar 3, 2026, 8:20 PM
Verra Mobility Discusses Growth Drivers, NYC Contract, and Capital Allocation
VRRM
Guidance Update
New Projects/Investments
Share Buyback
- Verra Mobility anticipates mid-single-digit growth in its Commercial Services segment over the next two years, driven by travel demand, secular tailwinds like cashless tolls, and strategic growth initiatives.
- The company's new 5-year New York City contract, effective January 1, 2026, is projected to be flat to slightly accretive in EBITDA dollars and materially accretive to the overall Government Solutions margin percentage, despite an annual $22 million-$24 million investment in minority and women-owned businesses.
- Verra Mobility expects its Government Solutions margins to increase from the low 20s% to mid-to-high 20s% by 2028 through the Mosaic project, an investment in an updated technology platform.
- Capital allocation priorities include organic investment, M&A for diversification, and share buybacks, with $650 million repurchased since going public, including $130 million in Q4. The company targets a long-term net leverage of 3 times, expecting to end the current year at 2 times.
Mar 3, 2026, 8:20 PM
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.
Feb 24, 2026, 10:00 PM
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.
Feb 24, 2026, 10:00 PM
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.
Feb 24, 2026, 10:00 PM
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.
Feb 24, 2026, 10:00 PM
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.
Feb 24, 2026, 9:14 PM
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.
Feb 24, 2026, 9:05 PM
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
Quarterly earnings call transcripts for VERRA MOBILITY.
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