Verra Mobility Corporation
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Jon Newhard
- Full Time Employees
- 1,901
- Sector
- Transportation
- Industry
- Other transportation
- Address
- 2046 Riverview Auto Drive Mesa AZ United States 85201
- IPO Date
- Jan 19, 2017
- CIK
- 0001682745
- Website
- verramobility.com
- Similar Companies
- Business
- Verra Mobility Corporation (NASDAQ: VRRM) provides smart mobility technology solutions that enhance transportation safety, efficiency, and connectivity for commercial fleets, government entities, and parking operators. The company operates through three primary segments: Commercial Services, which delivers automated toll management, violations processing, title and registration solutions to rental car companies, fleet management firms, and large fleet operators; Government Solutions, which installs, maintains, and manages photo enforcement technologies including automatic license plate recognition (ALPR), red-light cameras, speed enforcement, school bus stop-arm cameras, and bus lane safety programs for municipalities and school districts; and Parking Solutions, which offers specialized hardware, software platforms for parking permits, enforcement, gateless vehicle counting, event parking, citation services, and proprietary software-as-a-service including recent enhancements like T2 PARCS with ID TECH VP6825 PCI P2PE support, T2 Reside, Scan & Pay, T2 Tempo, and FlexForward cloud upgrades. Verra Mobility conducts operations across more than 15 countries, with a primary focus on the United States, Australia, Europe, and Canada, serving rental car companies, fleet operators, municipalities, school districts, original equipment manufacturers, and financial institutions. Founded in 1987 and headquartered in Mesa, Arizona, the company employs over 1,800 people globally. Recent developments include a strategic partnership with Verizon Connect announced in March 2025 to integrate managed tolling, violations, and registration services into the Verizon Connect Marketplace; a collaboration with Sixt in July 2025 to provide electronic toll payments for rental vehicles in six major Italian cities; the launch of AutoKinex for secure in-vehicle payments in November 2025; expansion of a New York City Department of Transportation red-light camera program with 130 cameras installed contributing approximately $17 million in Q3 2025 revenue; a board-approved increase in its share repurchase program to $250 million; and raised full-year 2025 revenue guidance to $955 million-$965 million following strong Q2 results with 6% year-over-year revenue growth to $236 million.
Company News
Verra Mobility Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)
Verra Mobility: Strong Operational Cash, But Shrinking Underlying Business, Hold
Here's What Key Metrics Tell Us About Verra Mobility (VRRM) Q3 Earnings
VERRA MOBILITY CORP (VRRM) Surpasses Q3 Earnings and Revenue Estimates
Verra Mobility Announces Third Quarter 2026 Financial Results
Earnings Preview: VERRA MOBILITY CORP (VRRM) Q3 Earnings Expected to Decline
Verra Mobility Announces CFO Transition
Nearly 72% of Americans expect their next vehicle to function like a smartphone, Verra Mobility survey finds
Verra Mobility Appoints Jon Newhard as Chief Executive Officer
Verra Mobility Teams with U.S. Bank to Deliver Toll Management Solution
These beaten-down stocks could bounce back in January, if history is any guide
Verra Mobility launches AI-driven Title & Registration solution, cutting fleet vehicle activation time up to 80%
Verra Mobility and Hertz Expand Technology Partnership Under Renewed Contract
Independent University of South Florida study shows Verra Mobility school zone speed safety programs reduced speeding violations by 97%
Verra Mobility: The Quarter Improved, But The Contract Reset Still Matters
Verra Mobility Q2 Earnings Call Highlights
Verra Mobility Q2 Earnings Call Highlights
Verra Mobility (VRRM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Verra Mobility Corporation (VRRM) Q2 2026 Earnings Call Transcript
VERRA MOBILITY CORP (VRRM) Q2 Earnings and Revenues Beat Estimates