VERRA MOBILITY Corp (VRRM) Form 8-K — Aug 5, 2026
Verra Mobility reported second quarter 2026 revenue of $263.6 million, up 12% year over year, with Adjusted EPS of $0.38 and Adjusted EBITDA of $110.7 million, results management described as above internal expectations. The company nonetheless swung to a GAAP net loss of $48.2 million, or $0.32 per share, versus net income of $38.6 million a year earlier. The loss was driven by a $64.0 million goodwill impairment and a $40.4 million intangible asset impairment in the Parking Solutions segment, where carrying value exceeded estimated fair value.
Key figures
- Eps
- -$0.32 diluted GAAP (vs $0.24 in Q2 2025)
- Revenue
- $263.6 million (Q2 2026)
- Guidance
- FY2026: total revenue $945M-$965M; Adjusted EBITDA $360M-$370M; Adjusted EPS $1.11-$1.17; Free Cash Flow $105M-$115M
- Net Income
- -$48.2 million net loss (vs $38.6 million net income in Q2 2025)
- Total Debt
- $1,035 million (total debt, net) as of June 30, 2026
- Revenue Yoy
- +12% (vs $236.0 million in Q2 2025)
- Cash Position
- $49.6 million as of June 30, 2026
- Net Debt
- $993.2 million
- Adjusted Eps
- $0.38 vs $0.34 in Q2 2025
- Net Leverage
- 2.4x vs 2.3x at December 31, 2025
- Free Cash Flow
- $32.6 million vs $40.3 million in Q2 2025
- Adjusted Ebitda
- $110.7 million vs $105.3 million in Q2 2025 (42% vs 45% margin)
- Q2 Diluted Shares
- 151.9 million
- Capex Guidance2026
- ~$135 million
- Operating Cash Flow
- $56.4 million vs $75.1 million in Q2 2025
- Goodwill Impairment
- $64.0 million (Parking Solutions, six months ended June 30, 2026)
- Nyc Revenue Increase
- $12.0 million from new camera installations net of pricing changes
- Intangible Impairment
- $40.4 million (Parking Solutions, six months ended June 30, 2026)
- Parking Solutions Revenue
- $20.0 million, +1% YoY; segment profit $2.3 million (11% margin vs 16%)
- Commercial Services Revenue
- $115.1 million, +6% YoY; segment profit $77.2 million (67% margin)
- Government Solutions Revenue
- $128.5 million, +20% YoY; segment profit $31.2 million (24% margin vs 28%)
- Operating Cash Flow Six Months
- $97.2 million
- Interest Expense Guidance2026
- ~$62 million net (~$60 million cash)
Price after filing
Close on the filing date to close N calendar days later (from $5.58). Historical, not a forecast.
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