Verra Mobility
Runs toll, violation, photo-enforcement, and parking systems for fleets and public agencies.
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Profile
Provides commercial toll and violation processing, government photo-enforcement systems, and parking-management technology. Revenue is split mainly between fleet services and government programs, with a smaller parking segment, and operations are concentrated in the United States with additional activity in Australia, Europe, and Canada.
Processes toll transactions, traffic violations, title and registration work, automated safety enforcement, and parking operations through Commercial Services, Government Solutions, and Parking Solutions. Fleet customers use the commercial platform for rental cars, direct fleets, fleet-management companies, and other large vehicle owners.
Operations are concentrated in the United States, with additional activity in Australia, Europe, and Canada. Acquisitions such as HTA, EPC, Pagatelia, Redflex, and T2 Systems expanded the company from photo-enforcement roots into fleet tolling, international violation processing, traffic-safety systems, and parking software and hardware.
Execution depends on reliable links between vehicles, roadside hardware, software, data processing, and agency workflows. The government business is shaped by national, state, and local authorization of automated photo enforcement.
Company facts
Categories
Key statistics
Year to date −80.3% · Average volume (30d) 4.8M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 7, 2026 | UBS | Reiterate | Neutral | $4 | $6 | |
| Aug 6, 2026 | Morgan Stanley | Target | $4 | $5 | ||
| Jul 13, 2026 | JP Morgan | Upgrade | Underweight | Neutral | ||
| Jun 2, 2026 | Robert W. Baird | Target | $8 | $6 | ||
| May 28, 2026 | UBS | Downgrade | Buy | Neutral | $31 | $4 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | $0.33 | $0.38 | +15.0% | $254.8M | $263.6M | +3.4% | −8.73% |
| May 6, 2026Q1 FY26 | $0.25 | $0.25 | 0.0% | $223.3M | $223.6M | +0.1% | +2.16% |
| Feb 24, 2026Q4 FY25 | $0.32 | $0.30 | −6.3% | $241.2M | $257.9M | +6.9% | −13.52% |
| Oct 29, 2025Q3 FY25 | $0.34 | $0.37 | +8.8% | $241.2M | $261.9M | +8.6% | −1.47% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $223.3M | $236.0M | $261.9M | $257.9M | $223.6M | $263.6M | |
| Gross profit | $210.4M | $222.5M | $252.7M | $263.2M | $216.2M | $235.3M | |
| Operating income | $57.4M | $63.2M | $74.8M | $43.0M | $51.8M | −$32.8M | |
| Net income | $32.3M | $38.6M | $46.8M | $18.9M | $26.7M | −$48.2M | |
| Diluted EPS | $0.20 | $0.24 | $0.29 | $0.12 | $0.17 | −$0.32 | |
| Gross margin | 94.3% | 94.2% | 96.5% | 102.1% | 96.7% | 89.3% | |
| Operating margin | 25.7% | 26.8% | 28.6% | 16.7% | 23.2% | -12.4% |
Fiscal years (4-quarter sums)FY21 $550.6M · FY22 $741.6M · FY23 $817.3M · FY24 $879.2M · FY25 $979.1M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $54.8M · Total debt $1.09B · Total assets $1.62B · Shareholders' equity $223.6M
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 151.91M · Float 150.27M · 98.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 29.01M | 19.10% | 13F | Aug 7, 2026 |
| T. Rowe Price Associates, Inc. | 9.61M | 6.00% | 13G | Feb 17, 2026 |
| Ameriprise Financial, Inc. | 9.31M | 6.10% | 13G | Aug 14, 2026 |
| Vanguard Capital Management LLC | 6.62M | 4.36% | 13F | Aug 13, 2026 |
| State Street Corp | 6.23M | 4.10% | 13F | Aug 7, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- Conduent
Broad tolling, photo-enforcement, and citation-processing peer
- Rekor Systems
AI vehicle-recognition challenger in enforcement and roadway data
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Verra Mobility | $4.40 | +0.23% | $666.9M | 16.9 | 4.8 | 0.7 | +11.7% |
| Conduent | $1.71 | −0.29% | $266.8M | — | — | 0.1 | −29.7% |
| Rekor Systems | $0.5574 | +2.75% | $75.5M | — | — | 1.5 | +2.5% |
| Median | — | — | 0.8 | −13.6% |




