VRRM
Verra Mobility Corporation21.79
+0.19+0.88%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A colors Q1, reaffirms outlook
Q&A drilled into Q1 flatness from weather, FMC churn, and NYC pricing delays, but reaffirmed the full-year guide and GS multi-year path to double-digit 2027 growth. NYC contract nets even margin dollars over its life, offset by $22M-$24M annual MWBE costs. Hawaii win ramps slowly over 36 months. AI plays blend internal R&D with partnerships like Stellantis. Political noise? Same old story, focus stays on school zones. Management stayed crisp on details. Watch Q1 execution amid weather.
Key Stats
Market Cap
3.48BP/E (TTM)
64.09Basic EPS (TTM)
0.34Dividend Yield
0%Recent Filings
10-K
FY2025 results
Verra Mobility drove FY2025 revenue to $979.1M, up 11.4% y/y, with Government Solutions surging 18.6% to $460.7M on NYCDOT red-light expansions (300 cameras installed Q3/Q4, $38.4M revenue) and city bus/school bus growth, while Commercial Services grew 6.9% to $435.8M via tolling uptick. Q4 momentum shone in $133.4M share repurchases (6M shares retired) and operating cash flow hitting $255.8M. Debt refinanced at lower rates left $687.1M term loan at 5.7%. Yet NYCDOT's new contract risks stricter terms. Aggressive buybacks signal confidence.
8-K
Q4 revenue up 16%
Verra Mobility reported Q4 revenue of $257.9 million, up 16% from 2024, with full-year revenue hitting $979.1 million and net income $136.6 million. Government Solutions surged 25% on NYCDOT red-light expansion, but margins dipped from implementation costs. Shares repurchased: $133.4 million. 2026 guidance: revenue $1,020-$1,030 million.
10-Q
Q3 FY2025 results
Verra Mobility posted solid Q3 results, with total revenue climbing 16.1% year-over-year to $261.9M, fueled by 11.9% service revenue growth to $243.2M and a 126.0% surge in product sales to $18.7M, while operating income rose 17.1% to $74.8M on steady margins around 28.6%. Government Solutions led the charge, up 28.0% to $122.6M thanks to NYCDOT's red-light camera expansion and bus lane programs, while Commercial Services grew 7.4% to $117.3M from higher tolling activity. Diluted EPS held at $0.29, matching basic shares of 159.6M with minor dilution from 2.3M equivalents. Cash swelled to $196.1M, operating cash flow hit $215.8M YTD (up 17.8% derived), and free cash flow reached $131.0M after $84.9M capex, against $1.0B debt at 6.1% rates and $123.2M revolver availability. Refinancing extended maturities to 2030-2032. Yet NYCDOT contract renewal hangs in the balance.
8-K
Q3 revenue surges 16%
Verra Mobility reported Q3 2025 revenue of $261.9 million, up 16% year-over-year, fueled by a $17 million boost from New York City's red-light camera expansion with 130 installations. Net income climbed to $46.8 million, while the board boosted its share repurchase authorization by $150 million to $250 million total, signaling confidence amid strong cash flows. Yet margins dipped to 43% on higher implementation costs. Guidance now eyes $955–965 million full-year revenue.
8-K
The main summary paragraph of the filing
The provided text is a legal document: a Second Amended and Restated First Lien Term Loan Credit Agreement dated October 17, 2025, among Verra Mobility Corporation (Holdings), VM Consolidated, Inc. (Lead Borrower), and other parties, with Bank of America, N.A. as Administrative Agent. It outlines terms for term loans, including commitments, interest rates, covenants, and events of default. Key points include: initial term loans of $688,804,156.05, interest at Base Rate plus Applicable Margin or Term SOFR plus Applicable Margin, mandatory repayments starting March 31, 2026, and various financial covenants. The agreement is governed by New York law.
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