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.
4 questions for VRRM
Also covers: ACN, AVDX, CNXC +17 more
LD
Louie DiPalma
William Blair
4 questions for VRRM
Also covers: AIR, ASTS, AVAV +16 more
DM
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
KH
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
JF
James Faucette
Morgan Stanley
1 question for VRRM
Also covers: ACN, ADP, AFRM +25 more
NC
Nikolai Chrin Cremo
Truist Securities
1 question for VRRM
RM
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
WG
Will Gildea
CJS Securities
1 question for VRRM
Also covers: EPAC, HLIO, JBI +7 more
Recent press releases and 8-K filings for VRRM.
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
Verra Mobility Discusses Q3 2025 Performance, NYC Contract, and Capital Allocation
VRRM
Share Buyback
New Projects/Investments
Guidance Update
- Verra Mobility reported a total revenue CAGR of approximately 15% and service revenue CAGR of approximately 17%, reaching nearly $950 million in total revenue for the trailing twelve months ended Q3 2025, with 94% of service revenue being recurring or reoccurring.
- The Government Solutions business secured a $998 million, five-year renewal for its New York City contract, which is expected to be EBITDA dollar accretive despite a temporary step back in consolidated margins for 2026 due to specific procurement requirements.
- As of Q3 2025, the company maintained a strong balance sheet with approximately two times net leverage, $200 million in cash, and over $400 million in total liquidity, with no debt maturities until 2029.
- Verra Mobility authorized its largest share buyback in company history for $250 million in Q3 2025, with plans to utilize the majority of it to meet the 2026 EPS target.
- Upcoming key contract renewals include Avis Budget Group (expected H1 2026), Hertz (summer 2027), and Enterprise (fall 2027).
Jan 14, 2026, 8:05 PM
Verra Mobility Discusses Q3 2025 TTM Financials, New York City Contract, and Capital Allocation
VRRM
Guidance Update
Share Buyback
New Projects/Investments
- Verra Mobility reported Q3 2025 trailing 12-month revenue of just shy of $950 million, Adjusted EBITDA just north of $400 million (44% margin), and $153 million in free cash flow.
- The company maintains a strong balance sheet with two times net leverage, $200 million in cash, and over $400 million in total liquidity, with no debt maturities until 2029.
- The recently renewed New York City contract, valued at $1 billion over five years, is EBITDA dollar accretive but is expected to cause a 250 to 300 basis point step back in consolidated margins in 2026 due to a $20 million-$25 million annual investment for minority and women-owned businesses. However, Government Solutions margins are projected to accrete by 1 to 1.5 points per year from 2027 to 2030, reaching high 20s/scraping 30% by 2028.
- Verra Mobility announced a $250 million share buyback authorization, the largest in its history, with the majority expected to be utilized in 2026 to achieve EPS targets.
- The Commercial Services segment, a high single-digit organic grower, is navigating contract renewals, with Avis Budget Group expected in H1 2026, and Hertz and Enterprise in 2027.
Jan 14, 2026, 8:05 PM
Verra Mobility Provides Business Overview and Financial Update at CJS Securities Conference
VRRM
Guidance Update
Share Buyback
New Projects/Investments
- Verra Mobility reported Q3 2025 trailing 12-month revenue of just shy of $950 million and EBITDA of just north of $400 million, achieving an adjusted EBITDA margin of 44%.
- The company's total revenue has grown at a CAGR of about 15% and adjusted EBITDA at a CAGR of 12% from pre-COVID to Q3 2025 TTM, with 94% of revenue being recurring or reoccurring.
- The Government Solutions business secured a $998 million five-year renewal for the New York City contract, which is anticipated to temporarily reduce consolidated margins by 250 to 300 basis points in 2026, with accretion back to high 20s/30% by 2028.
- As of Q3 2025, Verra Mobility maintained a net leverage of approximately two times, holding $200 million in cash and over $400 million in total liquidity, with no debt maturities until 2029.
- The company authorized a $250 million share buyback in Q3 2025, with the majority expected to be utilized to meet its 2026 EPS target.
Jan 14, 2026, 8:05 PM
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.
Dec 2, 2025, 8:35 PM
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.
Dec 2, 2025, 8:35 PM
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.
Dec 2, 2025, 8:35 PM
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
Quarterly earnings call transcripts for VERRA MOBILITY.
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