Filing Flows › GMR Solutions (GMRS) › Q3 2026 › vs Q2 2026
GMR Solutions (GMRS) Q3 2026 vs Q2 2026 (quarter over quarter)
GMR Solutions's revenue rose $105M (+7%) from $1.5B in Q2 2026 to $1.6B in Q3 2026. The biggest changes: Net transport revenue +$102M (+7%); Complementary Revenue +$3.3M (+6%). Operating margin 16.4% against 3.8% (+12.6 pts).
GMR Solutions, Q3 2026: revenue $1.6B (+6% year over year), operating margin 16.4%, net earnings $136M, operating cash flow $195M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 16.4% | 3.8% | +12.6 pts |
| Net margin | 8.5% | -1.9% | +10.4 pts |
| Free cash flow margin | 6.9% | 1.0% | +5.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Commercial insurance and managed care (excluding Medicare and Medicaid managed care) | $883M | $782M | $101M | +13% |
| Medicare | $381M | $371M | $10.0M | +3% |
| Medicaid | $132M | $122M | $10.2M | +8% |
| Other third-party payors | $125M | $135M | −$10.4M | -8% |
| Self-pay | $16.9M | $26.0M | −$9.1M | -35% |
| Net transport revenue | $1.5B | $1.4B | $102M | +7% |
| Complementary Revenue | $57.7M | $54.4M | $3.3M | +6% |
| Revenue | $1.6B | $1.5B | $105M | +7% |
| Operating profit | $261M | $56.7M | $205M | +361% |
| Costs & expenses | $1.3B | $1.4B | −$99.5M | -7% |
| Pre-tax earnings | $194M | −$19.3M | $214M | — |
| Other expense, net | $67.0M | $76.0M | −$9.0M | -12% |
| Net earnings | $136M | −$28.3M | $164M | — |
| Income tax | $58.9M | $9.0M | $49.9M | +556% |
| Depreciation & amortization | $78.5M | $77.0M | $1.6M | +2% |
| Share-based compensation | $10.1M | $133M | −$122M | -92% |
| Working capital & other | $29.2M | $92.7M | −$63.5M | -68% |
| Operating cash flow | $195M | $88.6M | $106M | +120% |
| Free cash flow (OCF − capex) | $110M | $14.7M | $95.6M | +649% |
| Capital expenditures | $84.7M | $73.9M | $10.9M | +15% |
Questions
How much did GMR Solutions's revenue grow quarter over quarter in Q3 2026?
GMR Solutions's revenue rose $105M (+7%) from $1.5B in Q2 2026 to $1.6B in Q3 2026.
What drove GMR Solutions's revenue change in Q3 2026?
Net transport revenue +$102M (+7%); Complementary Revenue +$3.3M (+6%).