Earnings summaries and quarterly performance for VERRA MOBILITY.
Executive leadership at VERRA MOBILITY.
David Roberts
Detailed
President and Chief Executive Officer
CEO
Craig Conti
Executive Vice President and Chief Financial Officer
Jonathan Baldwin
Executive Vice President, Government Solutions
Jonathan Keyser
Executive Vice President and Chief Legal Officer
Lin Bo
Senior Vice President, Parking Solutions
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.
David Koning
Robert W. Baird & Co.
4 questions for VRRM
Also covers: ACN, AVDX, CNXC +16 more
Louie DiPalma
William Blair
4 questions for VRRM
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Daniel Moore
CJS Securities, Inc.
3 questions for VRRM
Also covers: BOWL, CHB, CVCO +18 more
Faiza Alwy
Deutsche Bank
3 questions for VRRM
Also covers: ABM, ADV, ARMK +16 more
Keith Housum
Northcoast Research
3 questions for VRRM
Also covers: AXON, BRC, CDW +10 more
Nikolai Cremo
UBS
2 questions for VRRM
Also covers: MLNK, WEX
James Faucette
Morgan Stanley
1 question for VRRM
Also covers: ACN, ADP, AFRM +24 more
Nikolai Chrin Cremo
Truist Securities
1 question for VRRM
Rodney McFall
NorthCoast Research Partners, LLC
1 question for VRRM
Also covers: LASR, MSI, NLIT
Shefali Tamaskar
Morgan Stanley
1 question for VRRM
Also covers: IIIV, RPAY
Will Gildea
CJS Securities
1 question for VRRM
Also covers: EPAC, HLIO, JBI +6 more
Recent press releases and 8-K filings for VRRM.
Verra Mobility Discusses Growth Outlooks, NYC Contract, and Margin Impact at UBS Conference
VRRM
Guidance Update
Share Buyback
New Projects/Investments
- Verra Mobility forecasts its Government Solutions segment revenue to achieve a 10%-12% CAGR from 2024-2027, with high single-digit service revenue growth expected from 2028 onwards. This outlook is supported by a $963 million, five-year renewal with New York City, which includes a 1,000-camera expansion.
- The Commercial Services segment is projected to experience mid-single digit revenue growth in both 2025 and 2026, attributed to factors such as travel growth, strategic initiatives, and the expansion of toll roads.
- The company expects its adjusted EBITDA margin to decline by roughly 250-300 basis points in 2026. This anticipated reduction is largely due to a $20 million-$25 million annual investment in minority and women-owned businesses required by the New York City contract, which shifts work previously performed internally.
- Verra Mobility has increased its share buyback authorization by $150 million, bringing the total to $250 million available until November 2026, signaling confidence in its cash flow generation and share valuation.
6 days ago
Verra Mobility Discusses Segment Outlooks and Capital Allocation at UBS Conference
VRRM
Guidance Update
Share Buyback
New Projects/Investments
- Verra Mobility projects its Government Solutions segment to achieve a 10%-12% CAGR from 2024-2027, driven by factors including the $963 million five-year New York City contract renewal, which includes a 1,000-camera expansion.
- The company anticipates mid-single digit revenue growth for its Commercial Services segment in 2025 and 2026, influenced by travel growth, classic growth initiatives, and secular tailwinds like new toll roads and the transition to cashless tolls.
- Verra Mobility expects its adjusted EBITDA margin to decline by approximately 250-300 basis points in 2026, primarily due to the New York City contract renewal's price rationalization and a $20-$25 million annual investment in minority and women-owned businesses.
- The company increased its share buyback authorization by $150 million, bringing the total available to $250 million through November 2026, reflecting strong cash flow generation and a belief that shares are undervalued.
6 days ago
Verra Mobility Provides Business Segment Outlooks and Capital Allocation Strategy at UBS Conference
VRRM
Guidance Update
Share Buyback
New Projects/Investments
- Verra Mobility anticipates a 10%-12% CAGR for Government Solutions total revenue from 2024-2027, with high single-digit service revenue growth thereafter. For 2026, Commercial Services revenue growth is projected at mid-single digits, and the Parking segment at low to mid-single digits.
- The renewal of the New York City contract, a $963 million five-year deal with a five-year option, includes a 1,000-camera expansion and new scope, but also necessitates a $20-$25 million annual investment in minority and women-owned businesses.
- Adjusted EBITDA margin is expected to decline by approximately 250 basis points in 2026, primarily due to the NYC contract's price rationalization and the required investment in minority and women-owned businesses, though Government Solutions margins are projected to grow 1-1.5% annually through 2028.
- The company increased its share buyback authorization by $150 million to a total of $250 million available through November 2026, signaling a continued commitment to returning capital to shareholders, alongside organic investment and M&A.
6 days ago
Verra Mobility Exits Ontario Market
VRRM
Demand Weakening
- Verra Mobility is exiting Ontario after the province enacted legislation banning automated speed enforcement cameras, effective November 14, 2025.
- This exit was mandated by provincial law, overriding municipalities' ability to use speed cameras.
- The company expects to incur approximately $7 million in lost annual revenue due to exiting Ontario.
- This revenue impact was already factored into Verra Mobility's 2026 preliminary consolidated outlook, and the company is not adjusting that outlook as a result of this exit.
Nov 21, 2025, 11:30 AM
Verra Mobility Launches AutoKinex™ In-Vehicle Payment Platform and Partners with Stellantis
VRRM
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
- Verra Mobility Corporation launched AutoKinex™, an OEM-ready, in-vehicle commerce platform designed to integrate payment technology for mobility services such as tolling, road usage charging, parking, fueling, and EV charging.
- AutoKinex enables seamless, secure transactions directly from the car without requiring additional hardware or mobile applications.
- Stellantis is the first automaker to partner with Verra Mobility, offering AutoKinex to drivers of 2021 model year and newer Chrysler, Dodge, Jeep®, and Ram vehicles in the U.S..
- This platform aims to provide automakers with a scalable revenue channel by embedding essential services and payments directly into the vehicle.
Nov 20, 2025, 2:19 PM
Verra Mobility Reports Strong Q3 2025 Results, Updates 2025 Guidance, and Expands Share Repurchase Program
VRRM
Earnings
Guidance Update
Share Buyback
- Verra Mobility reported strong Q3 2025 financial results with total revenue increasing 16% year-over-year to $262 million and adjusted EPS growing 16% to $0.37 per share.
- The company is finalizing a new five-year automated enforcement contract with the New York City Department of Transportation, with an estimated total contract value of $963 million and expected annual service revenue growth from $135 million in 2024 to a range of $165 million to $185 million by 2027.
- Full-year 2025 revenue guidance was increased to a range of $955 million to $965 million, representing approximately 9% growth at the midpoint over 2024, primarily driven by the New York City red light camera expansion.
- For 2026, Verra Mobility anticipates mid-single-digit revenue growth but expects adjusted EBITDA margins to decline 250 to 300 basis points due to portfolio mix and the New York City renewal contract, partially offset by a low to mid-single-digit increase in adjusted EPS.
- The Board of Directors authorized a $150 million increase to the existing stock repurchase program, bringing the total available authorization to $250 million.
Oct 29, 2025, 9:00 PM
Verra Mobility Announces Strong Q3 2025 Results and Increased 2025 Revenue Outlook
VRRM
Earnings
Guidance Update
Share Buyback
- Verra Mobility reported Total Revenue of $262 million for Q3 2025, marking a 16% year-over-year growth, with Adjusted EPS of $0.37, also up 16% year-over-year.
- Adjusted EBITDA increased 8% year-over-year to $113 million, and Free Cash Flow was $49 million, representing a 43% conversion of Adjusted EBITDA.
- Revenue growth was significantly driven by New York City red-light camera installations, which contributed to 19% year-over-year service revenue growth in Government Solutions.
- The company increased its 2025 Revenue Guidance to $955 - $965 million and authorized a $150 million increase to its existing stock repurchase program.
- New legislation in California for red-light camera reform and work zone speed enforcement opened an incremental $140 million of total addressable market.
Oct 29, 2025, 9:00 PM
Verra Mobility Reports Strong Q3 2025 Results, Updates NYC Contract Details, and Increases Share Buyback Program
VRRM
Earnings
Guidance Update
Share Buyback
- Verra Mobility reported strong Q3 2025 results, with total revenue increasing 16% year-over-year to $262 million and adjusted EPS growing 16% to $0.37 per share.
- The new New York City Department of Transportation contract has an estimated total value of $963 million over a five-year term with a renewal option, projecting annual service revenue growth from $135 million in 2024 to $165-$185 million by 2027.
- Full-year 2025 revenue guidance was increased to $955 million to $965 million (approximately 9% growth at midpoint), driven by the NYC red light camera expansion, though adjusted EBITDA and EPS guidance remained unchanged due to $5 million to $10 million in one-time readiness investments.
- For 2026, the company anticipates mid-single-digit revenue growth but expects adjusted EBITDA margins to decline by 250 to 300 basis points, primarily due to the NYC renewal contract's pricing and recurring $20 million to $25 million annual subcontractor requirements.
- The Board of Directors authorized a $150 million increase to the existing stock repurchase program, bringing the total available authorization to $250 million through November 2026.
Oct 29, 2025, 9:00 PM
Verra Mobility Reports Strong Q3 2025 Results, Updates 2025 Guidance, and Details New York City Contract
VRRM
Earnings
Guidance Update
Share Buyback
- Verra Mobility reported strong Q3 2025 financial results, with total revenue increasing 16% year-over-year to $262 million and adjusted EPS growing 16% to $0.37 per share.
- The company increased its full-year 2025 revenue guidance to a range of $955 million-$965 million, representing approximately 9% growth at the midpoint over 2024, while affirming other guidance metrics.
- Verra Mobility is finalizing a new five-year contract with the New York City Department of Transportation, valued at an estimated $963 million, which is expected to drive annual service revenue growth from $135 million in 2024 to $165 million-$185 million by 2027.
- For 2026, the company anticipates mid-single-digit consolidated revenue growth but expects a 250-300 basis point reduction in adjusted EBITDA margins, largely due to the New York City contract's pricing changes and $20 million-$25 million annually for minority and women-owned business subcontractor requirements.
- The Board authorized a $150 million increase to the stock repurchase program, bringing the total authorization to $250 million, with repurchases expected to begin shortly.
Oct 29, 2025, 9:00 PM
Verra Mobility Announces Third Quarter 2025 Financial Results
VRRM
Earnings
Guidance Update
Share Buyback
- Verra Mobility reported total revenue of $261.9 million for the third quarter of 2025, marking a 16% increase compared to the third quarter of 2024.
- Net income for Q3 2025 was $46.8 million, with diluted earnings per share (EPS) of $0.29.
- Adjusted EBITDA reached $113.3 million for the third quarter of 2025, and net cash provided from operations was $77.7 million.
- The company increased its full-year 2025 total revenue guidance to a range of $955 million to $965 million, up from the prior range of $925 million to $935 million.
- The Board of Directors authorized a $150.0 million increase to the share repurchase program, expanding the total authorized amount to $250.0 million.
Oct 29, 2025, 8:14 PM
Quarterly earnings call transcripts for VERRA MOBILITY.
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