Filing Flows › Verra Mobility (VRRM) › Q3 2025
Verra Mobility (VRRM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Verra Mobility (VRRM) reported revenue of $262M for the third quarter 2025 (Q3 2025), +16% from a year earlier and +11% from the quarter before. Operating margin was 28.6%, net earnings $46.8M (17.9% of revenue).
Verra Mobility, Q3 2025: revenue $262M (+16% year over year), operating margin 28.6%, net earnings $46.8M, operating cash flow $77.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $262M | +11% | +16% |
| Operating profit | $74.8M | +18% | +17% |
| Net earnings | $46.8M | +21% | +35% |
| Operating cash flow | $77.7M | +3% | -29% |
| Free cash flow | $49.0M | — | -42% |
What changed
Revenue was $261.9M in Q3 2025, up 16% year over year and up 11% from the previous quarter. Service was the largest line at 93% of revenue. Service added $26.0M year over year (up 12%), 71% of the total change.
Operating profit was $74.8M, a 28.6% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, above the 28% margin then. Total costs grew 16% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $46.8M, up 35% year over year. The effective tax rate was 27.6%.
Operating cash flow was $77.7M (down 29% year over year), 166% of net earnings. Non-cash charges added back $28.5M of depreciation and amortization and $5.0M of share-based compensation. After purchases of installation and service parts and property and equipment ($28.8M), free cash flow as the company reports it was $49.0M.
Questions
What was Verra Mobility's revenue in the third quarter 2025?
Verra Mobility (VRRM) reported revenue of $262M for the third quarter 2025 (Q3 2025), +16% from a year earlier and +11% from the quarter before.
Was Verra Mobility profitable in the third quarter 2025?
Operating profit was $74.8M (28.6% of revenue) and net earnings $46.8M.
Source: Verra Mobility 10-Q on SEC EDGAR.