For the year ending 2025-12-31, VRRM made $979,079K in revenue. $143,622K in net income. Net profit margin of 14.67%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 979,079 | 879,207 | ||
| Cost of service revenue, excluding depreciation and amortization-Service | 30,318 | - | ||
| Cost of service revenue, excluding depreciation and amortization-Product | 45,517 | - | ||
| Operating expenses | 333,241 | 295,937 | ||
| Selling, general and administrative expenses | 215,274 | 195,054 | ||
| Cost of service revenue, excluding depreciation and amortization | - | 18,988 | ||
| Depreciation, amortization and (gain) loss on disposal of assets, net | 116,315 | 109,072 | ||
| Goodwill impairment | 0 | 97,076 | ||
| Total costs and expenses | 740,665 | 743,185 | ||
| Income from operations | 238,414 | 136,022 | ||
| Interest expense, net | 64,618 | 73,902 | ||
| Change in fair value of private placement warrants | 0 | - | ||
| Tax receivable agreement liability adjustment | -687 | 257 | ||
| Loss on interest rate swap | 0 | -494 | ||
| Loss on extinguishment of debt | -1,335 | -1,745 | ||
| Other income, net | 23,208 | 18,970 | ||
| Total other expenses | -43,432 | -56,914 | ||
| Income before income taxes | 194,982 | 79,108 | ||
| Income tax provision | 58,349 | 47,660 | ||
| Net income | 136,633 | 31,448 | ||
| Change in foreign currency translation adjustment | 6,989 | -7,383 | ||
| Total comprehensive income | 143,622 | 24,065 | ||
| Basic EPS | 0.86 | 0.19 | ||
| Diluted EPS | 0.85 | 0.19 | ||
| Basic Average Shares | 159,000,000 | 165,090,000 | ||
| Diluted Average Shares | 161,292,000 | 167,717,000 | ||
VERRA MOBILITY Corp (VRRM)
VERRA MOBILITY Corp (VRRM)