| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 223.57 | 0.1% |
| Total Income | 223.57 | 0.1% |
| Expenditure | 171.77 | 3.6% |
| PBT | 40.49 | 9.7% |
| Net Profit | 26.74 | 17.3% |
| OPM | 23.17% | 2.53pp |
| NPM | 11.96% | 2.52pp |
| EPS | 0.18 | 10.0% |
Verra Mobility Announces Q1 2026 Financial Results
07 May 2026 · 7 May, 1:54 am
Summary
Verra Mobility Corporation announced its financial results for the first quarter ended March 31, 2026. Total revenue for the quarter was $223.6 million, a slight increase of 0.1% compared to the first quarter of 2025. Net income was $26.7 million, or $0.17 per share, down from $32.3 million, or $0.20 per share, in the comparable 2025 period. The company reaffirmed its full year 2026 guidance, projecting total revenue between $1,020 million and $1,030 million. Management noted strong bookings in Government Solutions and expressed confidence in continued growth.
Key Highlights
- 1
Verra Mobility reported total revenue of $223.6 million for the first quarter of 2026.
- 2
Net income for the first quarter of 2026 was $26.7 million, or $0.17 per share.
- 3
Adjusted EBITDA was $86.0 million for the first quarter of 2026, with an Adjusted EBITDA Margin of 38%.
- 4
Net cash provided from operations decreased to $40.8 million for the three months ended March 31, 2026.
- 5
The Government Solutions segment generated total revenue of $105.3 million, a 3% increase compared to the same period in 2025.
- 6
During the first quarter of fiscal year 2026, the company paid $50.2 million to repurchase 2,215,800 shares of its Class A common stock.
- 7
Verra Mobility is reaffirming its 2026 full year guidance, including total revenue of $1,020 million to $1,030 million.
Management Comments
David Roberts
“We are pleased with our first quarter performance, which reflects a solid start to 2026. We delivered top-line results in line with expectations, with upside in profitability, while continuing to build momentum across our key growth areas. We also saw strong bookings in Government Solutions, reinforcing the long-term value and visibility of that segment. As we look ahead, we are well-positioned for continued growth, supported by a robust pipeline and disciplined execution.”
Informational and educational content only. Not investment advice.