GMR Solutions Inc.

For the period ended Jun 30, 2026. Filed Aug 12, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 12, 2026

GMRS$10.99-2.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(Amounts in thousands, except share and per share amounts, unaudited)


· · Three Months Ended June 30, · · Six Months Ended June 30,
· · 2026 · · 2025 · · 2026 · · 2025
Net revenue	$1,490,286	$1,442,011	$2,947,862	$2,809,418
Operating expenses:
Employee wages, benefits and taxes	924,522	742,617	1,694,528	1,477,375
Maintenance, fuel and other direct expenses	136,417	112,617	255,037	224,428
Insurance expense	50,877	51,301	93,856	84,953
Other operating expenses	231,900	220,908	459,994	436,714
Depreciation and amortization	76,956	72,507	152,323	147,634
Impairment of assets held for sale and other investments	—	—	—	14,100
Acquisition, integration and other charges	12,925	1,055	16,537	5,356
Total operating expenses	1,433,597	1,201,005	2,672,275	2,390,560
Operating income	56,689	241,006	275,587	418,858
Interest expense, net	76,848	108,516	160,022	222,201
Equity in (earnings) losses of unconsolidated affiliates	(436)	(272)	(899)	(2,574)
Other (income) loss, net	(425)	10,468	(6,769)	9,546
Net income (loss) before income taxes	(19,298)	122,294	123,233	189,685
Income tax (benefit) expense	8,980	41,533	45,175	70,900
Net income (loss)	$(28,278)	$80,761	$78,058	$118,785

Net income (loss) available to common stockholders per share:
Basic	$(1.84)	$0.87	$(1.35)	$0.84
Diluted	$(1.84)	$0.27	$(1.35)	$0.26

Weighted-average common shares outstanding:
Basic	62,678,438	45,554,662	54,304,118	45,552,980
Diluted	62,678,438	148,265,105	54,304,118	148,084,828

Comprehensive income (loss):
Net income (loss)	(28,278)	80,761	78,058	118,785
Other comprehensive income (loss)
Unrealized holding gains (losses) on investments	837	371	313	839
Deferred income tax benefit (expense), net	(186)	(82)	(70)	(186)
Total other comprehensive income (loss), net of income tax	651	289	243	653
Comprehensive income (loss)	$(27,627)	$81,050	$78,301	$119,438

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.