Verra Mobility Corporation (VRRM)
NASDAQ:VRRM
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.32Last Year’s EPS
0.34Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but broadly balanced picture: clear operational and strategic positives (strong Government Solutions bookings, MOSAIC progress with multi-year cost savings, margin expansion in Parking Solutions, disciplined capital returns) were offset by near-term profitability and cash-flow pressures (Q1 free cash flow shortfall, adjusted and GAAP EPS declines, FMC churn and product revenue dips, and NYC-driven margin headwinds). Management reaffirmed full-year guidance and outlined concrete cost-savings and reinvestment plans, but material margin compression is expected in 2026 with recovery targeted for 2027.Company Guidance
Top-Line in Line with Expectations
Total revenue of $224 million for Q1 2026, reported as aligned with internal expectations and forming a solid start to 2026.
Adjusted EBITDA Beat and Strong Profitability
Consolidated adjusted EBITDA of $86 million for the quarter, modestly ahead of internal expectations driven by better-than-expected NYC camera installations and reduced bad debt expense.
Government Solutions Bookings and Service Revenue Growth
Government Solutions bookings of up to $13 million in Q1 and approximately $71 million over the trailing 12 months; GS service revenue increased 4% year-over-year (12% growth outside New York City).
Progress on MOSAIC Platform and Expected Cost Savings
Successful migrations of customers to MOSAIC; company expects MOSAIC to be breakeven at the EBIT line in 2026 and deliver $10 million to $15 million of incremental cost savings in 2027.
Parking Solutions Growth and Margin Expansion
Parking Solutions revenue of $20 million with SaaS/services up ~6% year-over-year and segment profit margins expanded by ~210 basis points for the quarter.
Commercial Services Travel Resilience
RAC tolling revenue increased ~1% year-over-year aided by a 1.5% rise in U.S. travel volume; management remains cautiously optimistic on domestic travel demand for the remainder of the year.
Cash Generation and Free Cash Flow (Positive but below expectations)
Operating cash flow of $41 million in Q1 and free cash flow of $10 million for the quarter (positive free cash flow generation and management reaffirmed full-year FCF guidance).
Capital Allocation and Share Repurchases
Purchased ~2.2 million shares for ~$50 million in Q1; cumulative repurchases of ~$184 million under a $250 million authorization, with ~$66 million remaining capacity.
Cost-Savings Actions and Reinvestment
Workforce reduction of ~5% expected to generate ~$10 million of annualized cost savings that management intends to redeploy into strategic areas (AI, fleet management, interoperability).
Guidance Reaffirmation
Management reaffirmed full-year 2026 guidance: revenue $1.02B–$1.03B (≈5% growth midpoint), adjusted EBITDA $405M–$415M (≈40% margin), adjusted EPS $1.32–$1.38, and free cash flow $150M–$160M.
VRRM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VRRM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $14.32 | $14.63 | +2.16% |
Feb 24, 2026 | $18.71 | $16.18 | -13.52% |
Oct 29, 2025 | $23.84 | $23.49 | -1.47% |
Aug 06, 2025 | $24.96 | $24.07 | -3.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Verra Mobility Corporation (VRRM) report earnings?
Verra Mobility Corporation (VRRM) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Verra Mobility Corporation (VRRM) earnings time?
Verra Mobility Corporation (VRRM) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is VRRM EPS forecast?
VRRM EPS forecast for the fiscal quarter 2026 (Q2) is 0.32.