earnings
confidence high
sentiment negative
materiality 0.75
GMR Solutions Q2 2026: Net loss of $28.3M vs $80.8M income; revenue up 3.3%
GMR Solutions Inc.
- Net revenue $1,490.3M, up 3.3% YoY; net loss $28.3M vs $80.8M income (down 135%).
- Adjusted EBITDA $284.5M, down 11.8% YoY; prior year had $74.3M benefit from No Surprises Act collections.
- Reaffirmed FY2026 guidance: revenue $5,890-6,180M; adjusted EBITDA $1,135-1,195M.
- Completed IPO May 14, 2026, net proceeds $446.8M (31.9M shares); repaid $670M term loan; redeemed Series B preferred.
- Issued 33.3M warrants for $500M gross proceeds; liquidity >$1.1B as of June 30, 2026.