Filing Flows › GMR Solutions (GMRS) › Q1 2026
GMR Solutions (GMRS) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 2, 2026
GMR Solutions (GMRS) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), +7% from a year earlier. Operating margin was 15.0%, net earnings $106M (7.3% of revenue).
GMR Solutions, Q1 2026: revenue $1.5B (+7% year over year), operating margin 15.0%, net earnings $106M, operating cash flow $129M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | — | +7% |
| Operating profit | $219M | — | +23% |
| Net earnings | $106M | — | +180% |
| Operating cash flow | $129M | — | -32% |
| Free cash flow | $64.6M | — | -53% |
What changed
Revenue was $1.5B in Q1 2026, up 7% year over year. Commercial insurance and managed care (excluding Medicare and Medicaid managed care) was the largest line at 57% of revenue. Commercial insurance and managed care (excluding Medicare and Medicaid managed care) added $0.07B year over year (up 10%), 83% of the total change. Self-pay declined 21%.
Operating profit was $0.22B, a 15.0% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 13% margin then. Total costs grew 4% against revenue growth of 7%. Net earnings were $0.11B, up 180% year over year. The effective tax rate was 25.4%.
Operating cash flow was $0.13B (down 32% year over year), 121% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization. Working capital and other items used $0.05B. Capital expenditures of $0.06B left free cash flow of $0.06B.
Questions
What was GMR Solutions' revenue in the first quarter 2026?
GMR Solutions (GMRS) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), +7% from a year earlier.
Was GMR Solutions profitable in the first quarter 2026?
Operating profit was $219M (15.0% of revenue) and net earnings $106M.
Source: GMR Solutions 10-Q on SEC EDGAR.