---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-023081"
form_type: "8-K"
ticker: "VRRM"
cik: "0001682745"
company_name: "VERRA MOBILITY Corp"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:53:55.866698+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Verra Mobility Q4 rev $211M (+13%), FY rev $817M (+10%); GAAP net income down on $31.5M legal accrual

## Summary
- Q4 revenue $211.0M (+13% YoY); Q4 adj EBITDA $91.3M vs $83.6M.
- FY 2023 revenue $817.3M (+10%); adj EBITDA $371.5M (+9.7%).
- GAAP net income $57.0M ($0.36) vs $92.5M ($0.50), hit by $31.5M PlusPass litigation accrual.
- Commercial Services rev +16%, Government Solutions +11% (profit down on write-down), Parking +13%.
- New $100M share repurchase program; cash from operations $206.1M; $136.3M cash on hand.

## SEC filing metadata
- accession: 0000950170-24-023081
- form_type: 8-K
- ticker: VRRM
- cik: 0001682745
- company_name: VERRA MOBILITY Corp
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682745/000095017024023081/0000950170-24-023081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682745/000095017024023081/vrrm-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-023081
- JSON: https://secwatch.observer/filing/0000950170-24-023081.json
- Plain text: https://secwatch.observer/filing/0000950170-24-023081.txt

## Key facts
- Earnings Releases
  VERRA MOBILITY Corp reported the quarter and fiscal year ended December 31, 2023 results: revenue $817.3 million, net income $57.0 million.
  - Period: the quarter and fiscal year ended December 31, 2023
  - Revenue: $817.3 million
  - Net income: $57.0 million
  - Result: reported results
  source text: Report on Form 8-K. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Verra Mobility Announces Fourth Quarter and Full Year 2023 Financial Results • Full year 2023 revenue of $817.3 million • Full year 2023 net income of $57.0 million • Full year 2023 cash flows from operations of $206.1 million MESA, Ariz., February 29, 2024 /PRNewswire/ – Verra Mobility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682745/000095017024023081/0000950170-24-023081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.