---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-239351"
form_type: "8-K"
ticker: "VRRM"
cik: "0001682745"
company_name: "VERRA MOBILITY Corp"
filed_at: "2026-05-26T20:17:01+00:00"
generated_at: "2026-05-26T20:28:42.975189+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Verra Mobility loses Avis Budget contract; cuts FY 2026 revenue guidance to ~$985M-$995M

## Summary
- Termination notice from Avis Budget effective September 2026; customer represented >10% of total revenue.
- Revised FY2026 guidance: Revenue $985M-$995M, Adj EBITDA $380M-$385M, Adj EPS $1.19-$1.25.
- Expects annualized Commercial Services revenue reduction ~$135M-$145M; segment profit reduction ~$120M-$125M before cost cuts.
- Company is reviewing contractual rights, intellectual property, and confidential information.
- Taking immediate cost-reduction actions to adapt operations and position for growth.

## SEC filing metadata
- accession: 0001193125-26-239351
- form_type: 8-K
- ticker: VRRM
- cik: 0001682745
- company_name: VERRA MOBILITY Corp
- filed_at: 2026-05-26T20:17:01+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682745/000119312526239351/0001193125-26-239351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682745/000119312526239351/d123116d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-239351
- JSON: https://secwatch.observer/filing/0001193125-26-239351.json
- Plain text: https://secwatch.observer/filing/0001193125-26-239351.txt

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