GMR Solutions (GMRS) earnings and revenue breakdown

Revenue was $1.5B in Q2 2026, up 3% year over year and up 2% from the previous quarter. Commercial insurance and managed care (excluding Medicare and Medicaid managed care) was the largest line at 52% of revenue. Other third-party payors added $0.04B year over year (up 48%), 90% of the total change. Commercial insurance and managed care (excluding Medicare and Medicaid managed care) declined 6%.

Operating profit was $0.06B, a 3.8% margin (down 12.9 points year over year). Operating profit fell $0.18B even though revenue rose $0.05B versus a year earlier, so costs grew faster than sales. Total costs grew 19% against revenue growth of 3%. The quarter ended with a net loss of $0.03B, after a profit of $0.11B the previous quarter. Net interest and other expense of $0.08B was the main reason.

Operating cash flow was $0.09B (up 202% year over year). Non-cash charges added back $0.08B of depreciation and amortization and $0.13B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.07B left free cash flow of $0.01B.