GMR Solutions Inc.

For the period ended Sep 30, 2026. Filed Nov 9, 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.

Sep 30, 2026 · Filed Nov 9, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

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


· · Three Months Ended · · Nine Months Ended
· · September 30, · · September 30,
· · 2026 · · 2025 · · 2026 · · 2025
Net revenue	$1,595,555	$1,506,868	$4,543,417	$4,316,286
Operating expenses:
Employee wages, benefits and taxes	801,712	773,658	2,496,240	2,251,033
Maintenance, fuel and other direct expenses	150,034	119,922	405,071	344,350
Insurance expense	55,186	57,214	149,042	142,167
Other operating expenses	238,390	225,158	698,384	661,872
Depreciation and amortization	78,531	73,366	230,854	221,000
Impairment of assets held for sale and other investments	—	—	—	14,100
Acquisition, integration and other charges	10,231	40,976	26,768	46,332
Total operating expenses	1,334,084	1,290,294	4,006,359	3,680,854
Operating income	261,471	216,574	537,058	635,432
Interest expense, net	68,062	107,205	228,084	329,406
Loss on debt extinguishment	—	5,745	—	5,745
Equity in (earnings) losses of unconsolidated affiliates	(1,272)	(226)	(2,171)	(2,800)
Other (income) loss, net	220	(635)	(6,549)	8,911
Net income (loss) before income taxes	194,461	104,485	317,694	294,170
Income tax (benefit) expense	58,906	29,886	104,081	100,786
Net income (loss)	$135,555	$74,599	$213,613	$193,384

Net income (loss) available to common stockholders per share:
Basic	$1.69	$0.22	$0.99	$1.06
Diluted	$0.56	$0.07	$0.31	$0.32

Weighted-average common shares outstanding:
Basic	80,102,050	45,553,968	62,997,926	45,553,313
Diluted	242,376,462	148,330,947	200,337,433	148,619,004

Comprehensive income (loss):
Net income (loss)	135,555	74,599	213,613	193,384
Other comprehensive income (loss)
Unrealized holding gains (losses) on investments	(1,734)	685	(1,421)	1,524
Deferred income tax benefit (expense), net	385	(151)	315	(337)
Total other comprehensive income (loss), net of income tax	(1,349)	534	(1,106)	1,187
Comprehensive income (loss)	$134,206	$75,133	$212,507	$194,571

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.