VRRM VERRA MOBILITY Corp

Overview and Growth

In fiscal 2025, VERRA MOBILITY Corp recorded $132.97M of revenue, net income of $136.63M, and an operating cash inflow of $255.80M. At $132.97M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 14.6% from $116.02M in fiscal 2024, increasing the company’s operating scale. Diluted earnings per share were $0.85, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS increased by 347.4% from $0.19 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Revenue equaled 0.08x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The reported operating result was $238.41M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 179.3% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. The bottom-line result was net income of $136.63M, after the operating, financing, tax, and other items recognized for the period. Measured against reported revenue, net income produced a 102.8% margin after operating costs and the remaining recognized items. Pretax income was $194.98M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 146.6% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $58.35M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 29.9%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

Total assets were $1.65B, supported by $1.35B of liabilities and $292.96M of shareholder equity. Current assets were $440.90M against $210.46M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 2.09x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $65.27M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 31.0% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $1.03B, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-equity relationship was 3.51x, showing how much debt the company carried for each unit of book equity. Debt represented 62.5% of total assets, placing borrowing in the context of the company’s full resource base. Relative to total assets, liabilities measured 82.2%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 4.0% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $1.61B in fiscal 2024, the current asset base moved 1.9% and finished higher.

Cash Flow and Earnings Quality

Cash flow from operations was $255.80M, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 1.87x, comparing cash generated by operations with the bottom-line earnings result. The cash-flow statement records $119.09M of capital expenditures, the investment amount considered after operating cash generation. Capital spending absorbed 46.6% of operating cash flow, quantifying the share of cash from operations directed to investment. The combination of operating cash flow and capital spending produced $136.71M of positive free cash flow for the period. Free cash flow represented 102.8% of revenue, linking post-investment cash generation with the company’s operating scale. Measured against total assets, free cash flow represented 8.3%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.