Verra Mobility Corporation
VRRMW
Other OTC7.54
USD
-0.30
- -
CIK
0001682745
CUSIP
92511U110
Return %
Stock
S&P500
1Y
36.59
19.43
3Y
196.85
76.01
5Y
242.73
74.94
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- David Martin Roberts
- Full Time Employees
- 1,396
- Sector
- Industrials
- Industry
- Industrial - Infrastructure Operations
- Address
- 1150 North Alma School Road Mesa AZ United States of America 85201
- CIK
- 0001682745
- Website
- verramobility.com
- Similar Companies
- Business
- Verra Mobility Corporation provides smart mobility technology solutions that enhance transportation safety, efficiency, and connectivity for commercial fleets, governments, and cities worldwide. Founded in 1987 and headquartered in Mesa, Arizona, the company operates in more than 15 countries, including the United States, Australia, Europe, and Canada, serving rental car companies, fleet management firms, municipalities, school districts, OEMs, and financial institutions through its three primary segments: Commercial Services; Government Solutions; and Parking Solutions. Its core offerings encompass automated toll management and payment processing for over 300 million annual transactions across seven million vehicles; violation processing and title & registration services that reduce fleet management costs by up to 80%; road safety enforcement technologies such as red-light, speed, school bus stop-arm, bus lane, and ALPR cameras; parking management software and hardware including multi-space pay stations, mobile payment platforms like UNIFI Mobile, permit issuance, enforcement, and gateless vehicle counting; and embedded mobility platform solutions featuring advanced data analytics, consumer-facing tools for shared mobility, and in-vehicle commerce capabilities. In Commercial Services, Verra Mobility delivers integrated platforms for toll transponder installation, automated payment, violation citation management, and compliance streamlining tailored to large fleet operators and rental companies. Government Solutions provides end-to-end photo enforcement programs, including equipment installation, maintenance, data processing, and citation administration to improve driver behavior and public safety. Parking Solutions, bolstered by the 2021 acquisition of T2 Systems, offers comprehensive revenue management systems for universities, municipalities, and healthcare facilities, encompassing event parking, citation services, and SaaS-based proprietary software. Recent developments include the November 2025 launch of the AutoKinex in-vehicle commerce platform for secure tolling and payments, initially partnered with Stellantis for select U.S. vehicle models; a March 2025 strategic alliance with Verizon Connect to expand managed services for commercial fleets, enhancing GPS tracking integration and operational efficiencies; a July 2025 partnership with Sixt to introduce electronic toll payments for rental vehicles in six major Italian cities; leadership transitions such as appointing Stacey Moser to head Commercial Services and Lin Bo to lead T2 Systems; and an exit from the Ontario market in 2025 due to a provincial ban on automated speed enforcement cameras, resulting in a $7 million annual revenue impact already factored into guidance. These initiatives reflect Verra Mobility's focus on diversifying into connected vehicle technologies, forging key alliances, and adapting to regulatory shifts while pursuing high-single-digit growth in commercial services and recurring SaaS revenue streams.