Verra Mobility (VRRM) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Verra Mobility Revenue Highlights


Latest Revenue (Y)

$817.31M

Latest Revenue (Q)

$225.55M

Main Segment (Y)

Service

Main Geography (Y)

AUSTRALIA

Verra Mobility Revenue by Period


Verra Mobility Revenue by Year

DateRevenueChange
2023-12-31$817.31M10.21%
2022-12-31$741.60M34.69%
2021-12-31$550.59M39.89%
2020-12-31$393.59M-12.29%
2019-12-31$448.74M21.23%
2018-12-31$370.15M-47537.55%
2017-12-31$-780.28K-100.34%
2016-12-31$230.75M-

Verra Mobility generated $817.31M in revenue during NA 2023, up 10.21% compared to the previous quarter, and up 220.81% compared to the same period a year ago.

Verra Mobility Revenue by Quarter

DateRevenueChange
2024-09-30$225.55M1.40%
2024-06-30$222.43M6.05%
2024-03-31$209.73M-0.61%
2023-12-31$211.01M0.51%
2023-09-30$209.93M2.68%
2023-06-30$204.46M6.54%
2023-03-31$191.90M3.13%
2022-12-31$186.07M-5.86%
2022-09-30$197.66M5.42%
2022-06-30$187.49M10.04%
2022-03-31$170.38M0.24%
2021-12-31$169.98M4.86%
2021-09-30$162.09M25.99%
2021-06-30$128.66M43.18%
2021-03-31$89.86M-10.29%
2020-12-31$100.16M3.36%
2020-09-30$96.91M21.42%
2020-06-30$79.81M-31.62%
2020-03-31$116.71M3.78%
2019-12-31$112.46M-12.30%
2019-09-30$128.24M17.03%
2019-06-30$109.58M11.29%
2019-03-31$98.46M3.53%
2018-12-31$95.11M-11.61%
2018-09-30$107.60M9.58%
2018-06-30$98.20M41.82%
2018-03-31$69.24M-8973.87%
2017-12-31$-780.28K331.70%
2017-09-30$-180.75K-2.77%
2017-06-30$-185.90K-100.34%
2017-03-31$54.70M-

Verra Mobility generated $225.55M in revenue during Q3 2024, up 1.40% compared to the previous quarter, and up 110.31% compared to the same period a year ago.

Verra Mobility Revenue Breakdown


Verra Mobility Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Product$33.72M$46.38M$57.70M$57.32M$32.01M
Service$783.60M$695.22M$492.85M$336.27M$416.72M

Verra Mobility's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (95.87%), and Product (4.13%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Service$217.27M$202.72M$402.85M$196.05M$184.70M$178.97M$180.62M$174.50M$161.13M$144.85M$141.81M$116.43M$89.76M$90.98M$82.98M$62.81M$99.50M$104.84M$110.76M$103.06M
Product$8.28M$7.01M$18.10M$8.41M$7.21M$7.11M$17.00M$13.00M$9.30M$25.13M$20.28M$12.23M$95.00K$9.18M$13.93M$16.99M$17.22M$7.62M$17.48M$6.52M

Verra Mobility's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service (96.33%), and Product (3.67%).

Verra Mobility Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
CANADA$30.83M$32.41M$6.90M--
Non-US$33.70M$46.40M---
AUSTRALIA$45.88M$34.36M$13.90M--
Non Us---$13.30M$14.50M

Verra Mobility's latest annual revenue breakdown by geography, as of Dec 23: AUSTRALIA (41.56%), Non-US (30.52%), and CANADA (27.92%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21
AUSTRALIA$14.43M$12.48M$25.91M$10.27M$9.70M$8.56M$9.58M$8.44M$7.80M--
CANADA$8.06M$8.06M$15.03M$8.58M$7.22M$8.66M$8.10M$7.98M$8.60M--
Non-US--------$23.30M--
Non Us---------$13.80M$5.00M

Verra Mobility's latest quarterly revenue breakdown by geography, as of Sep 24: AUSTRALIA (64.16%), and CANADA (35.84%).

Verra Mobility Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
OPCHOption Care Health$4.30B$1.28B
VRRMVerra Mobility$817.31M$225.55M
IMXIInternational Money Express$658.74M$171.95M

VRRM Revenue FAQ


What is Verra Mobility’s yearly revenue?

Verra Mobility's yearly revenue for 2023 was $817.31M, representing an increase of 10.21% compared to 2022. The company's yearly revenue for 2022 was $741.6M, representing an increase of 34.69% compared to 2021. VRRM's yearly revenue for 2021 was $550.59M, representing an increase of 39.89% compared to 2020.

What is Verra Mobility’s quarterly revenue?

Verra Mobility's quarterly revenue for Q3 2024 was $225.55M, a 1.40% increase from the previous quarter (Q2 2024), and a 7.44% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $222.43M, a 6.05% increase from the previous quarter (Q1 2024), and a 8.79% increase year-over-year (Q2 2023). VRRM's quarterly revenue for Q1 2024 was $209.73M, a -0.61% decrease from the previous quarter (Q4 2023), and a 9.29% increase year-over-year (Q1 2023).

What is Verra Mobility’s revenue growth rate?

Verra Mobility's revenue growth rate for the last 3 years (2021-2023) was 48.44%, and for the last 5 years (2019-2023) was 82.14%.

What are Verra Mobility’s revenue streams?

Verra Mobility's revenue streams in c 23 are Product, and Service. Product generated $33.72M in revenue, accounting 4.13% of the company's total revenue, down -27.31% year-over-year. Service generated $783.6M in revenue, accounting 95.87% of the company's total revenue, up 12.71% year-over-year.

What is Verra Mobility’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Verra Mobility was Service. This segment made a revenue of $783.6M, representing 95.87% of the company's total revenue.