Verra Mobility Q3 revenue beats on government solutions segment growth
VRRM•Verra Mobility reported third-quarter revenue of $258.9 million, down 1% year over year but above the $241.25 million consensus, and adjusted EPS of $0.36, beating the $0.26 estimate. The company reaffirmed 2026 guidance, including revenue of $945 million to $965 million.
1. Quarterly results
Verra Mobility’s third-quarter revenue fell 1% year over year to $258.9 million, exceeding analyst expectations of $241.25 million. Adjusted EPS was $0.36, compared with the $0.26 consensus, while adjusted EBITDA of $103.9 million topped the $88.92 million estimate.
2. Segment performance
Lower Commercial Services revenue drove the overall decline, partly offset by growth in Government Solutions. Commercial Services was affected by less favorable contract terms, fleet volume reductions and lower travel demand; Government Solutions grew with expanded services and new camera installations.
3. 2026 outlook
Verra Mobility reaffirmed full-year 2026 revenue guidance of $945 million to $965 million, adjusted EBITDA of $360 million to $370 million, and adjusted EPS of $1.11 to $1.17.
