What is the revenue and EPS growth rate for Verra Mobility year over year?

What is the market's earnings forecast for Verra Mobility next quarter?

What guidance did Verra Mobility's management provide for the next earnings period?

Did Verra Mobility beat or miss consensus estimates last quarter?

What were the key takeaways from Verra Mobility's earnings call?

What were the key takeaways from Verra Mobility’s earnings call?

What factors drove the changes in Verra Mobility's revenue and profit?

What does Verra Mobility do and what are its main business segments?

- **Revenue Growth**: Q4 revenue up 16% YoY, driven by NYC contract and Gov Solutions expansion.
- **Margin Outlook**: 2026 EBITDA margin 40%, with 2027+ recovery via MOSAIC cost savings.
- **Strategic Investments**: $125M CapEx for Gov Solutions, AI partnerships with Stellantis.
- **Public Support**: 82% approval for school bus cameras, reinforcing long-term demand.

**【CEO Summary】**
- Total revenue grew 16% YoY in Q4, driven by the New York City Red-Light expansion contract worth $998 million over 5 years. 
- Government Solutions segment revenue increased 25% YoY, with $14 million from NYC installations and $8 million in product sales.
- Emphasized disciplined capital allocation, focusing on high-return opportunities like school zone enforcement and AI-driven connected vehicle platforms.
- Long-term strategy includes MOSAIC platform deployment for cost savings and margin expansion starting in 2027.

**【CFO Financial Commentary】**
- Q4 2025: GAAP net income $19 million (EPS $0.12), vs loss $0.41 in 2024]. Adjusted EBITDA $102 million (42% margin). Free cash flow $6 million (impacted by timing of NYC collections).
- 2026 Guidance: Revenue $1.02-1.03 billion (+5% YoY), EBITDA $405-415 million (40% margin). Margins temporarily down 250bps due to NYC contract pricing and MWBE requirements.
- Capital deployment: $125 million CapEx (mostly Gov Solutions), $650 million+ returned to shareholders via buybacks since 2021.

**【Q&A Highlights】**
- **NYC Contract Impact**: 2026 margins down 450-500bps due to service pricing changes and MWBE subcontractor costs. Margins expected to recover in 2027+ with MOSAIC savings ($10-20 million/year).
- **Political Environment**: 82% public support for school bus stop-arm cameras. Focused on proven safety outcomes and cost-neutral programs for cities.
- **AI Strategy**: Partnering with Stellantis on connected vehicle platforms. AI investments will target autonomous vehicle compliance and fleet management efficiency.
- **Cash Flow**: 2026 free cash flow $150-160 million (38% EBITDA conversion). Working capital needs driven by Commercial Services growth.

Verra Mobility Corporation(VRRM)-20260225-2025 Q4 Earnings call transcript

- **Revenue Beat**: Q3 2025 revenue of $262 million (+16% YoY) exceeded expectations, driven by $17 million from New York City red-light cameras.
- **NYC Contract Value**: $963 million 5-year deal with $165-$185 million annual service revenue by 2027, plus $20-$30 million product revenue in 2026-2027.
- **Margin Impact**: 2026 adjusted EBITDA margin decline of 250-300 bps due to $20-$25 million annual subcontractor costs.
- **Stock Buyback**: $150 million authorized, bringing total to $250 million, to commence soon.
- **California Expansion**: Legislative reforms could add $140 million to the addressable market, with Verra winning all recent RFPs.

**【Management Opening Remarks】**
- Mark Zindler provided an overview of the call, emphasizing forward-looking statements and non-GAAP financial measures. He highlighted the importance of the New York City contract and its impact on future financial performance.

**【CEO Commentary】**
- **Revenue Growth**: Total revenue for Q3 2025 increased 16% YoY to $262 million, driven by the New York City red-light camera expansion ($17 million in Q3). Government Solutions revenue grew 28% YoY, while Commercial Services grew 7% YoY.
- **New York City Contract**: The new 5-year contract with a 5-year renewal option has a total value of $963 million. Annual service revenue is expected to grow from $135 million in 2024 to $165-$185 million by 2027, with product revenue additions in 2026-2027.
- **2026 Outlook**: Mid-single-digit revenue growth is expected, with Government Solutions leading at high single to low double digits. Adjusted EBITDA margins are anticipated to decline 250-300 basis points due to contract repricing and subcontractor costs.

**【CFO Commentary】**
- **Financial Highlights**: Q3 2025 GAAP net income was $47 million, with adjusted EPS of $0.37 (16% YoY growth). Free cash flow was $49 million, and the trailing 12-month adjusted EBITDA margin was 44%.
- **New York City Impact**: The contract will generate $30 million of incremental 2025 revenue but requires $20-$25 million annual costs for minority/women-owned subcontractors, reducing margins.
- **Capital Allocation**: A $150 million stock buyback program was announced, bringing total authorization to $250 million.

**【Q&A Highlights】**
- **Margins and Costs**: Craig Conti clarified that $5-$10 million of one-time readiness costs in 2025 will be offset by $20-$25 million annual recurring costs for subcontractors. MOSAIC platform consolidation is expected to drive margin expansion by 2028.
- **Camera Installations**: 1,000 new cameras will be installed over 2-3 years, with no impact on CapEx as NYC purchases equipment directly.
- **California Growth**: Legislative reforms in California could add $140 million to the addressable market, with Verra winning 100% of recent RFPs.


Verra Mobility Corporation (VRRM) Q3 2025 Earnings Call Transcript

- **Revenue Growth**: 6% YoY to $236M, driven by Commercial Services (+5%) and Government Solutions (+10%).
- **FMC Stabilization**: FMC down 2% in Q2, expected to stabilize in Q4 with macro normalization.
- **Government Solutions Expansion**: $21M new ARR bookings in Q2, targeting 10%+ growth outside NYC.
- **Travel Risk**: TSA volume flat YoY; 2025 guidance assumes flat to -2% travel, with risk to lower end of ranges.
- **Balance Sheet Strength**: $100M buyback authorization; net debt $893M (2.2x leverage).

**【CEO Summary Section】**
- Q2 2025 revenue grew 6% YoY to $236 million, with all segments meeting or exceeding internal targets.
- Commercial Services: RAC tolling up 4%, FMC revenue down 2% due to churn and macro weakness; expects FMC to stabilize in Q4.
- Government Solutions: Service revenue +7% YoY, driven by 11% growth outside NYC; $21M new ARR bookings in Q2, including Chicago and Florida expansions.
- T2 Systems: Revenue down 4% due to lower product sales; SaaS growth offset by professional services decline.
- Full-year guidance maintained, but cautious on travel demand; TSA volume flat YoY through Q2.
- $100M stock buyback program authorized, no repurchases yet.

**【CFO Financial Commentary】**
- Total revenue: $236M (+6% YoY); Service revenue: $203M (+5% YoY); Product revenue: $12.6M (+33% YoY).
- Adjusted EBITDA: $105M (+3% YoY); Free cash flow: $40M (in line with expectations).
- Commercial Services: Segment profit +4% YoY; RAC tolling growth offset by FMC decline.
- Government Solutions: Segment profit $30M (28% margin); $9M product sales boost revenue.
- T2 Systems: Segment profit $3M; SaaS flat YoY, product sales down 18%.
- Net debt: $893M (2.2x leverage); $125M undrawn revolver.

**【Q&A Key Highlights】**
- **Travel Demand**: Q2 TSA volume 99% of 2024; 2025 outlook flat to -2%; FMC to stabilize in Q4.
- **Government Solutions Growth**: Non-NYC service revenue expected +10-12% YoY; $61M TTM ARR pipeline.
- **Margins**: GS margins pressured by product sales mix (+46% YoY) and ERP costs; CS margins to improve sequentially.
- **M&A & Europe**: Active pipeline; European expansion (Italy, France, Spain) gaining traction, but not material yet.
- **D&A**: Full-year $110M; amortization decline due to aging intangibles.


Verra Mobility Corporation (VRRM) Q2 2025 Earnings Call Transcript

- **Q1 Strong Performance**: $223M revenue (+6% YoY), Adjusted EPS $0.30 (+11% YoY). NYC contract extension expected to close in 60-90 days.
- **Commercial Services Growth**: FMC +12% driven by vehicle enrollment, moderating growth ahead.
- **Government Solutions Momentum**: $52M ARR bookings (12M trailing), 97% renewal rate. California RFPs pending.
- **Travel Risk Management**: TSA volume flat in April, guidance assumes 1-2% deceleration in second half.
- **Financial Health**: Free Cash Flow $42M, net debt $935M (2.3x leverage), on track for $175-185M FCF in 2025.


**【CEO Summary Section】**
- **Q1 2025 Financial Highlights**: Total revenue of $223 million (+6% YoY), Adjusted EPS of $0.30 (+11% YoY). Commercial Services and Government Solutions outperformed internal plans.
- **New York City Contract Update**: Verra Mobility selected for 5-year extension of automated enforcement program. Contract negotiations expected to conclude within 60-90 days.
- **Segment Performance**:
  - **Commercial Services**: RAC tolling +6%, FMC +12% driven by vehicle enrollment. Anticipate moderating growth due to tougher comps.
  - **Government Solutions**: Service revenue +4%, $8 million product sales boost. Pipeline bookings at $52 million ARR (trailing 12 months).
  - **T2 Systems**: SaaS revenue +5%, offset by lower professional services.
- **Travel Demand Risk**: TSA volume +1% Q1, flat YoY in April. Guidance assumes potential deceleration in second half.

**【CFO Financial Commentary】**
- **Key Financial Metrics**: GAAP Net Income $32M, Adjusted EBITDA $95M (+3% YoY), Free Cash Flow $42M.
- **Segment Profitability**:
  - **Commercial Services**: Segment profit +4%, offset by ERP costs and bad debt.
  - **Government Solutions**: 29% margin, despite marketing and implementation expenses.
  - **T2 Systems**: $3M segment profit, SaaS growth offset by lower services.
- **Full Year Guidance**: Total Revenue $925-935M, Adjusted EBITDA $410-420M, Adjusted EPS $1.30-1.35.
- **Balance Sheet**: Net Debt $935M (2.3x leverage), strong free cash flow generation.

**【Q&A Highlights】**
- **NYC Contract Timing**: Expected resolution in 60-90 days, with ARR impact to be disclosed post-signing.
- **Travel Demand Sensitivity**: Q1 TSA volume +1%, May trending flat. Guidance assumes potential 1-2% deceleration.
- **Government Solutions Growth**: $52M ARR bookings (12M trailing), 97% renewal rate. California RFPs for San Jose/Oakland pending.
- **ERP Implementation**: On track, $8M one-time bad debt expense in Q1, no recurring impact.
- **Leverage Target**: 3x net debt/EBITDA, resilient to macro conditions.


Verra Mobility (VRRM)-7 May 25-2025 Q1 Earnings call transcript

- **Q4 2024 Strong Financials**: 5% revenue growth, 12% EBITDA expansion, $0.33 adjusted EPS (38% YoY). Free cash flow $22M, $150M in share buybacks.
- **Segment Growth Drivers**: 
  - **Commercial Services**: 9% full-year revenue growth, 66% margins. TSA volume up 5% in 2024, 14 new cashless toll roads added.
  - **Government Solutions**: $56M ARR bookings, 9% service growth outside NYC. Massachusetts legislation adds $30M TAM.
  - **Parking Solutions**: 2025 stabilization plan, SaaS pipeline recovery post-goodwill impairment.
- **2025 Outlook**: 6-8% revenue growth, 3% EBITDA margin decline. Adjusted EPS to benefit from lower debt costs and share count.
- **Key Risks**: NYC RFP outcome, T2 execution challenges, TSA volume volatility.


**【CEO Summary Section】**
- **Q4 2024 Financial Highlights**: Consolidated revenue grew 5%, adjusted EBITDA increased 12%, and adjusted EPS rose 38% year-over-year. Free cash flow of $22 million exceeded expectations, with $150 million in share repurchases.
- **Segment Performance**: 
  - **Commercial Services**: Revenue up 4% (3% RAC tolling, 5% FMC growth), despite a $3M prior-period adjustment. Full-year 2024 revenue grew 9% to $408M.
  - **Government Solutions**: Service revenue outside NYC up 9%, driven by new contracts. Full-year revenue rose 9% to $391M, with a 44% segment profit increase.
  - **Parking Solutions (T2)**: Revenue declined 13% due to lower professional services. A $97M goodwill impairment was recorded, but SaaS pipeline shows early stabilization.
- **2025 Outlook**: Revenue growth of 6-8% (low end of long-term range), with adjusted EBITDA growth lagging due to investments in sales and ERP implementation. Adjusted EPS expected to outpace EBITDA growth.

**【CFO Financial Commentary】**
- **Q4 2024 Financials**: 
  - GAAP net loss of $67M (due to T2 impairment), vs. $0.02 EPS prior year. Adjusted EPS of $0.33, up 38%.
  - Free cash flow of $22M, total $153M for the year (38% of adjusted EBITDA). Debt reduced to $968M, net leverage 2.4x.
  - 2025 Guidance: Revenue $925-935M, adjusted EBITDA $410-420M (3% growth), adjusted EPS $1.30-1.35, free cash flow $175-185M.
- **Capital Allocation**: $200M in 2024 share buybacks, debt refinanced to lower borrowing costs by 100bps.

**【Q&A Key Points】**
- **Commercial Services**: TSA volume expected 102.5% for 2025, with Q1 down low single digits, sequential growth in Q2-Q3. Cashless toll penetration at 70%, adding 600 miles in 2024.
- **Government Solutions**: $56M ARR bookings in 2024, 97% contract renewal rate. NYC RFP outcome expected Q2, with flat service revenue assumed.
- **Parking Solutions**: Focus on 2025 stabilization, with SaaS growth and e-commerce platform launch. 2025 revenue flat vs. 2024, targeting 2026 growth.
- **M&A Strategy**: Disciplined approach, prioritizing share buybacks in 2024 due to valuations. Active pipeline in connected vehicle and urban mobility sectors.
- **International Growth**: Europe seeing slow adoption of cashless tolling, with renewed contracts in Spain/Portugal. School bus stop arm enforcement driving U.S. legislation.


Actual						0.15	0.06	0.15	0.1238	0.12	0.1	0.27	0.25	0.2	0.29	0.27	0.25	0.26	0.29	0.29	0.24	0.27	0.31	0.32	0.33	0.3	0.34	0.37	0.3
Forecast						0.1263	0.036	0.1034	0.1286	0.1104	0.1414	0.2083	0.2123	0.2054	0.2468	0.2726	0.2215	0.2194	0.2743	0.273	0.2562	0.2646	0.297	0.3156	0.297	0.2864	0.3298	0.3423	0.3126
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	+18.76%	+66.67%	+45.07%	-3.73%	+8.70%	-29.28%	+29.62%	+17.76%	-2.63%	+17.50%	-0.95%	+12.87%	+18.51%	+5.72%	+6.23%	-6.32%	+2.04%	+4.38%	+1.39%	+11.11%	+4.75%	+3.09%	+8.09%	-4.03%

VRRM

VRRM fundamentals

VRRM Q4 2025 Earnings

Earnings Call

You can ask Aime

VRRM

VRRM fundamentals

VRRM Q4 2025 Earnings

Earnings Call

VRRM Earnings Call Summary for Q4/20255:00 PM on Feb 24, 2026

VRRM Earnings Call Summary for Q3/20255:00 PM on Oct 29, 2025

VRRM Earnings Call Summary for Q2/20255:00 PM on Aug 6, 2025

VRRM Earnings Call Summary for Q1/20255:00 PM on May 7, 2025

VRRM Earnings Call Summary for Q4/20245:00 PM on Feb 27, 2025

You can ask Aime