Verra Mobility Reports Q3 Revenue of $261.9 Million

Reuters10-30
Verra Mobility Reports Q3 Revenue of $261.9 Million

Verra Mobility Corporation reported total revenue of $261.9 million for the third quarter of 2025 and net income of $46.8 million. Net cash provided from operations was $77.7 million for the period. The company announced a 16 percent revenue growth compared to the third quarter of 2024, mainly attributed to the expansion of the New York City Department of Transportation red-light program through a change order to the existing contract. Verra Mobility also expanded its stock repurchase approval. Based on year-to-date results and fourth-quarter outlook, the company increased its full-year 2025 revenue guidance to a range of $955 million to $965 million, up from the previous range of $925 million to $935 million, while reaffirming all other guidance measures.

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