Filing Flows › Verra Mobility (VRRM) › Q4 2025
Verra Mobility (VRRM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Verra Mobility (VRRM) reported revenue of $258M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and -2% from the quarter before. Operating margin was 16.7%, net earnings $18.9M (7.3% of revenue).
Verra Mobility, Q4 2025: revenue $258M (+16% year over year), operating margin 16.7%, net earnings $18.9M, operating cash flow $40.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $258M | -2% | +16% |
| Operating profit | $43.0M | -42% | — |
| Net earnings | $18.9M | -60% | — |
| Operating cash flow | $40.0M | -49% | -1% |
| Free cash flow | $5.7M | — | -73% |
What changed
Revenue was $257.9M in Q4 2025, up 16% year over year and down 2% from the previous quarter. Service was the largest line at 93% of revenue.
Operating profit was $43.0M, a 16.7% margin (up 36.3 points year over year). Total costs fell 19% while revenue rose 16%. The fastest-growing cost line was SG&A (+28%). Net earnings were $18.9M. The effective tax rate was 42.6%.
Operating cash flow was $40.0M (down 1% year over year), 212% of net earnings. Non-cash charges added back $28.9M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items used $14.3M. After purchases of installation and service parts and property and equipment ($34.2M), free cash flow as the company reports it was $5.7M.
Questions
What was Verra Mobility's revenue in the fourth quarter 2025?
Verra Mobility (VRRM) reported revenue of $258M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and -2% from the quarter before.
Was Verra Mobility profitable in the fourth quarter 2025?
Operating profit was $43.0M (16.7% of revenue) and net earnings $18.9M.
Source: Verra Mobility 10-K on SEC EDGAR.