VRRM

MKT CAP:$2B

Verra Mobility Corporation

Market Cap

$2B

Technology·Information Technology Services·🇺🇸 United States·NASDAQ

Technology·IT Services·🇺🇸·NASDAQ

Stock Price

$15.16-$7.17 (-32.11%)

Apr 17, 2026

Company Details

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services; Government Solutions; and Parking Solutions. ...

CEO

David Martin Roberts

IPO Date

Mar 24, 2017

Website

www.verramobility.com

Key Metrics TTM

Revenue

$979M

+11.4% YoY

Net Income

$137M

EPS (Diluted)

$0.85

Free Cash Flow

$137M

Revenue / Share

$6.13

Gross Margin

96.9%

Operating Margin

24.4%

Net Margin

14.0%

FCF Margin

13.9%

P/S

2.3x

P/E

16.8x

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Feb 24, 2026

$979M+11.4%EPS $0.85

Q4 2025

Feb 24, 2026

$258M+16.4%EPS $0.12

Q3 2025

Oct 29, 2025

$262M+16.1%EPS $0.29

Q2 2025

Aug 6, 2025

$236M+6.1%EPS $0.24

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$170M	$161M	$32M
Q2 22	$187M	$175M	$45M
Q3 22	$198M	$182M	$45M
Q4 22	$186M	$117M	$42M
Q1 23	$192M	$182M	$50M
Q2 23	$204M	$194M	$56M
Q3 23	$210M	$198M	$59M
Q4 23	$211M	$126M	$23M
Q1 24	$210M	$173M	$56M
Q2 24	$222M	$210M	$61M
Q3 24	$226M	$220M	$64M
Q4 24	$222M	$134M	-$43M
Q1 25	$223M	$210M	$57M
Q2 25	$236M	$222M	$63M
Q3 25	$262M	$253M	$75M
Q4 25	$258M	$263M	$43M

Valuation

Quarter	P/S	P/E
Q1 22	3.6x	37.9x
Q2 22	3.3x	26.6x
Q3 22	3.2x	27.5x
Q4 22	3.1x	24.8x
Q1 23	3.0x	26.3x
Q2 23	2.9x	30.0x
Q3 23	2.9x	27.9x
Q4 23	2.8x	40.2x
Q1 24	2.7x	28.1x
Q2 24	2.7x	23.7x
Q3 24	2.6x	22.7x
Q4 24	2.6x	72.9x
Q1 25	2.6x	66.2x
Q2 25	2.5x	58.8x
Q3 25	2.4x	44.8x
Q4 25	2.3x	16.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$31M	$20M
Q2 22	$65M	$54M
Q3 22	$52M	$39M
Q4 22	$70M	$57M
Q1 23	$45M	$27M
Q2 23	$63M	$51M
Q3 23	$62M	$52M
Q4 23	$36M	$19M
Q1 24	$34M	$20M
Q2 24	$40M	$26M
Q3 24	$109M	$85M
Q4 24	$40M	$22M
Q1 25	$63M	$42M
Q2 25	$75M	$40M
Q3 25	$78M	$49M
Q4 25	$40M	$6M

Capital Expenditures

Quarter	CapEx
Q1 22	$11M
Q2 22	$11M
Q3 22	$13M
Q4 22	$12M
Q1 23	$18M
Q2 23	$12M
Q3 23	$10M
Q4 23	$17M
Q1 24	$14M
Q2 24	$14M
Q3 24	$24M
Q4 24	$19M
Q1 25	$21M
Q2 25	$35M
Q3 25	$29M
Q4 25	$34M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+89.6%	+57.1%
Q2 22	+45.7%	+46.5%
Q3 22	+21.9%	+26.6%
Q4 22	+9.5%	+8.1%
Q1 23	+12.6%	+2.5%
Q2 23	+9.1%	+4.2%
Q3 23	+6.2%	-0.9%
Q4 23	+13.4%	+30.3%
Q1 24	+9.3%	+8.4%
Q2 24	+8.8%	+8.8%
Q3 24	+7.4%	+7.2%
Q4 24	+5.0%	+41.1%
Q1 25	+6.4%	+7.9%
Q2 25	+6.1%	+7.2%
Q3 25	+16.1%	+15.8%
Q4 25	+16.4%	-18.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	2.6%
Q2 22	$0	0.0%
Q3 22	$5M	2.3%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$4M	2.1%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$6M	2.9%
Q4 24	$4M	2.0%
Q1 25	$6M	2.9%
Q2 25	$7M	3.1%
Q3 25	$0	0.0%
Q4 25	$6M	2.5%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 22	—	—	$42M
Q2 22	$40M	—	—
Q3 22	—	—	$41M
Q4 22	$39M	$1M	—
Q1 23	—	—	$40M
Q2 23	$43M	—	—
Q3 23	—	—	$42M
Q4 23	$72M	$1M	—
Q1 24	—	—	$117M
Q2 24	—	—	$46M
Q3 24	—	—	$48M
Q4 24	$51M	$2M	—
Q1 25	—	—	$52M
Q2 25	—	—	$48M
Q3 25	—	—	$48M
Q4 25	—	—	$68M

Revenue Segments

Quarter	Product	Service
Q1 22	$9M	$161M
Q2 22	$13M	$175M
Q3 22	$17M	$181M
Q4 22	$7M	$179M
Q1 23	$7M	$185M
Q2 23	$8M	$196M
Q3 23	$9M	$201M
Q4 23	$9M	$202M
Q1 24	$7M	$203M
Q2 24	$10M	$212M
Q3 24	$8M	$217M
Q4 24	$12M	$210M
Q1 25	$11M	$212M
Q2 25	$13M	$223M
Q3 25	$19M	$243M
Q4 25	$18M	$240M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$93M	$0	$93M
Q2 22	$86M	$0	$86M
Q3 22	$52M	$0	$52M
Q4 22	$105M	$0	$105M
Q1 23	$64M	$0	$64M
Q2 23	$210M	$0	$210M
Q3 23	$114M	$0	$114M
Q4 23	$136M	$2M	$139M
Q1 24	$153M	$0	$153M
Q2 24	$125M	$0	$125M
Q3 24	$206M	$0	$206M
Q4 24	$78M	$0	$78M
Q1 25	$108M	$0	$108M
Q2 25	$148M	$0	$148M
Q3 25	$196M	$0	$196M
Q4 25	$65M	$0	$65M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	161M	+0.5%	-1.0%
Q2 22	160M	-0.3%	-3.4%
Q3 22	158M	-1.3%	-4.3%
Q4 22	155M	-2.2%	-3.2%
Q1 23	153M	-1.1%	-4.7%
Q2 23	153M	-0.4%	-4.8%
Q3 23	169M	+11.1%	+7.1%
Q4 23	169M	-0.5%	+8.9%
Q1 24	169M	+0.1%	+10.2%
Q2 24	169M	-0.1%	+10.5%
Q3 24	168M	-0.6%	-1.1%
Q4 24	163M	-2.6%	-3.1%
Q1 25	162M	-0.8%	-3.9%
Q2 25	162M	-0.3%	-4.2%
Q3 25	162M	+0.2%	-3.4%
Q4 25	160M	-1.3%	-2.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$118.9K	1K
Q2 22	$130.8K	1K
Q3 22	$137.9K	1K
Q4 22	$118.5K	2K
Q1 23	$122.2K	2K
Q2 23	$130.2K	2K
Q3 23	$133.7K	2K
Q4 23	$118.0K	2K
Q1 24	$117.3K	2K
Q2 24	$124.4K	2K
Q3 24	$126.1K	2K
Q4 24	$117.9K	2K
Q1 25	$118.8K	2K
Q2 25	$125.6K	2K
Q3 25	$139.4K	2K
Q4 25	$135.6K	2K

Revenue / Employee