Verra Mobility Q2 FY26 turns to net loss of $48.2 million; revenue rises 12% to $263.6 million - VRRM News | RalliesVerra Mobility Q2 FY26 turns to net loss of $48.2 million; revenue rises 12% to $263.6 million
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VRRM• Revised 2026 outlook
- Revised 2026 outlook: revenue USD 945-965 million, adjusted EBITDA USD 360-370 million, adjusted EPS USD 1.11-1.17, free cash flow USD 105-115 million.
Q2 results and cash flow
- Verra Mobility posts Q2 2026 revenue up 12% to USD 263.6 million; net results swing to a USD 48.2 million loss.
- Adjusted EBITDA rises to USD 110.7 million from USD 105.3 million; adjusted EBITDA margin falls 3 percentage points to 42%.
- Operating cash flow drops to USD 56.4 million from USD 75.1 million; free cash flow slips to USD 32.6 million from USD 40.3 million.
Commercial Services contract extensions
- Extended key Commercial Services contracts: seven-year Avis Budget extension, five-year Hertz extension; both on materially less favorable terms with fleet-volume modulation rights.
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