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Verra Mobility (VRRM) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 30, 2026 · Verra Mobility (VRRM) Q3 2026 earnings results →

Q3 2026 Revenue down 1% year over year to $259M · 16¢ of every $1 of revenue kept as net profit · operating margin 25.3%

Verra Mobility made $259M in Q3 2026 (-1% Y/Y): Service revenue $240M, Product sales $19.0M. Operating margin 25.3%, net earnings $40.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 30, 2026.

Revenue$259M
Year over year-1%
Operating margin25.3%
Net earnings$40.4M
Operating cash flow$115M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $258.9M in Q3 2026, down 1% year over year and down 2% from the previous quarter. Service revenue was the largest line at 93% of revenue. Service revenue lost $3.3M year over year (down 1%), 108% of the total change.

Operating profit was $65.6M, a 25.3% margin (down 3.2 points year over year). Total costs grew 3% against a revenue fall of 1%. Net earnings were $40.4M, down 14% year over year. The effective tax rate was 26.9%.

Operating cash flow was $114.5M (up 47% year over year), 284% of net earnings. Non-cash charges added back $26.2M of depreciation and amortization and $721K of share-based compensation. Working capital and other items added $47.2M. After purchases of installation and service parts and property and equipment ($25.1M), free cash flow as the company reports it was $89.4M.

Quarterly history

Verra Mobility revenue by quarterVerra Mobility revenue by quarter$223MQ1 2025$236MQ2 2025$262MQ3 2025$258MQ4 2025$224MQ1 2026$264MQ2 2026$259MQ3 2026
Verra Mobility net earnings by quarterVerra Mobility net earnings by quarter$32.3MQ1 2025$38.6MQ2 2025$46.8MQ3 2025$18.9MQ4 2025$26.7MQ1 2026−$48.2MQ2 2026$40.4MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QOct 30, 2026$259M-1%25.3%$40.4M$115M
Q2 202610-QAug 5, 2026$264M+12%-12.4%−$48.2M$56.4M
Q1 202610-QMay 6, 2026$224M+0.1%23.2%$26.7M$40.8M
Q4 202510-KFeb 24, 2026$258M+16%16.7%$18.9M$40.0M
Q3 202510-QOct 29, 2025$262M+16%28.6%$46.8M$77.7M
Q2 202510-QAug 6, 2025$236M+6%26.8%$38.6M$75.1M
Q1 202510-QMay 7, 2025$223M+6%25.7%$32.3M$63.0M

Charts

Verra Mobility: revenue growth, year over year and quarter over quarterVerra Mobility: revenue growth, year over year and quarter over quarterY/YQ/Q+6%Q1 2025+6%+6%Q2 2025+16%+11%Q3 2025+16%-2%Q4 2025+0%-13%Q1 2026+12%+18%Q2 2026-1%-2%Q3 2026
Latest (Q3 2026): Y/Y -1%, Q/Q -2%.
Verra Mobility: where the cash came from (+) and went (−), TTM to Q3 2026Verra Mobility: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$252MBuybacks−$185MCapital spending−$114MCash drawn (+) / kept (−)$60.2MNet borrowing (+) / repaid (−)−$36.7MOther financing$28.7MTaxes on employees’ shares−$5.7MAsset & business sales$597KShares issued$369KExchange rates$178K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Verra Mobility: profit against cash, quarter by quarterVerra Mobility: profit against cash, quarter by quarterNet incomeOperating cash flow−$66.7M$40.5MQ4 2024$32.3M$63.0MQ1 2025$38.6M$75.1MQ2 2025$46.8M$77.7MQ3 2025$18.9M$40.0MQ4 2025$26.7M$40.8MQ1 2026−$48.2M$56.4MQ2 2026$40.4M$115MQ3 2026
Latest (Q3 2026): Net income $40.4M, Operating cash flow $115M.
Verra Mobility: diluted shares by fiscal yearVerra Mobility: diluted shares by fiscal year162MFY2020164MFY2021159MFY2022160MFY2023168MFY2024161MFY2025
-0.2% since FY2020: buybacks shrank the count.
Verra Mobility: long-term debt falling due (FY2025)Verra Mobility: long-term debt falling due (FY2025)$6.9M2026$6.9M2027$6.9M2028$357M2029$6.9M2030$653MLater
Cash $65.3M, short-term investments $0, long-term debt $1.0B at 2025-12-31.
Verra Mobility in its industry: growth against margin (14 companies, SIC 4700)Verra Mobility in its industry: growth against margin (14 companies, SIC 4700)revenue growth, year over year →↑ operating marginmedian +12%median 4%BKNGEXPEGXOXPORXOGMRSGBTGGATXLINDPALSRTANTRPSPCEVRRM (-1%, 25%)
Transportation Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Sells to

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter, and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data, and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility, and support healthier communities. The company also solves complex payment, utilization, and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in the United States, Australia, Europe, and Canada. For more information, please visit www.verramobility.com.

In its own words, from its 8-K, filed Aug 5, 2026.

Verra Mobility against its Transportation Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -1% against the peers' median +12%. Operating margin: 25.3% against the peers' median 12.1%.

CompanyQuarterRevenueY/YOp. margin
VRRM Verra MobilityQ3 2026$259M-1%25.3%
BKNG Booking HoldingsQ3 2026$8.9B-1%38.4%
EXPE Expedia GroupQ3 2026$4.9B+12%26.9%
GXO GXO LogisticsQ3 2026$3.6B+6%2.7%
XPO XPOQ3 2026$2.4B+12%12.1%
RXO RXOQ3 2026$1.9B+32%0.9%
GMRS GMR SolutionsQ2 2026$1.5B+3%3.8%
GBTG Global Business Travel GroupQ2 2026$870M+38%2.8%
GATX GatxQ3 2026$598M+36%32.2%

Source: Verra Mobility 10-Q on SEC EDGAR · CIK 1682745 · Transportation Services

Guidance and outlook

Verra Mobility Revenue: guidance against what was reportedVerra Mobility Revenue: guidance against what was reportedguided rangereported (above / within / below)FY2024$879MFY2025$979MFY2026
Met or beat 2 of 2 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Verra Mobility: what its forward-looking statements are about (10-Q filed 2026-10-30)Verra Mobility: what its forward-looking statements are about (10-Q filed 2026-10-30)Other3Demand2Capital spending1Financing1
7 statements; tone +0.29 (−1 all cautious, +1 all confident); 2 hedged.
Verra Mobility: outlook statements against the filing beforeVerra Mobility: outlook statements against the filing beforeConfident2

13F: who owns VRRM and who is buying

Largest holders of VRRM (13F)Largest holders of VRRM (13F)Vanguard Group$367MBlackRock$123MAmeriprise Financial$39.6MVanguard Capital Management LLC$28.2MState Street$26.5MD. E. Shaw$25.0MBank of Montreal$24.6MVanguard Portfolio Management LLC$21.3MMillennium Management LLC$19.6MGlenmede Investment Management, LP$17.6M
Funds' net buying of VRRM by quarter (13F)Funds' net buying of VRRM by quarter (13F)−$201M2024-09−$24.2M2024-12−$217M2025-03−$78.8M2025-06−$23.1M2025-09−$95.2M2025-12$1.1M2026-03$18.6M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on VRRM

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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