VERRA MOBILITY Corp
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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FY2025 · Filed Feb 24, 2026
VRRM$2.06-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
CONSOLIDATED STATEM ENTS OF OPERATIONS
AND COMPREHENSIVE INCOME
| For the Year Ended December 31, | |||
|---|---|---|---|
| (In thousands, except per share data) | 2025 | 2024 | 2023 |
| Service revenue | $918,137 | $841,676 | $783,595 |
| Product sales | 60,942 | 37,531 | 33,715 |
| Total revenue | 979,079 | 879,207 | 817,310 |
| Cost of service revenue, excluding depreciation and amortization | 30,318 | 18,988 | 18,232 |
| Cost of product sales | 45,517 | 27,058 | 25,231 |
| Operating expenses | 333,241 | 295,937 | 273,288 |
| Selling, general and administrative expenses | 215,274 | 195,054 | 198,550 |
| Depreciation, amortization and (gain) loss on disposal of assets, net | 116,315 | 109,072 | 113,195 |
| Goodwill impairment | — | 97,076 | — |
| Total costs and expenses | 740,665 | 743,185 | 628,496 |
| Income from operations | 238,414 | 136,022 | 188,814 |
| Interest expense, net | 64,618 | 73,902 | 86,701 |
| Change in fair value of private placement warrants | — | — | 24,966 |
| Tax receivable agreement liability adjustment | 687 | (257) | (3,077) |
| Loss on interest rate swap | — | 494 | 817 |
| Loss on extinguishment of debt | 1,335 | 1,745 | 3,533 |
| Other income, net | (23,208) | (18,970) | (11,123) |
| Total other expenses | 43,432 | 56,914 | 101,817 |
| Income before income taxes | 194,982 | 79,108 | 86,997 |
| Income tax provision | 58,349 | 47,660 | 29,982 |
| Net income | $136,633 | $31,448 | $57,015 |
| Other comprehensive income (loss): | |||
| Change in foreign currency translation adjustment | 6,989 | (7,383) | 2,689 |
| Total comprehensive income | $143,622 | $24,065 | $59,704 |
| Net income per share: | |||
| Basic | $0.86 | $0.19 | $0.36 |
| Diluted | $0.85 | $0.19 | $0.36 |
| Weighted average shares outstanding: | |||
| Basic | 159,000 | 165,090 | 158,777 |
| Diluted | 161,292 | 167,717 | 160,017 |
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