Verra Mobility VRRM Government Solutions — Contract With Customer Liability Revenue Recognized
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Where this comes from
Reported directly by Verra Mobility in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.
The source filing: Verra Mobility’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 4:46 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-209227
Deferred revenue represents amounts that have been invoiced in advance and are expected to be recognized as revenue in future periods, and primarily relates to Government Solutions and Parking Solutions customers. As of March 31, 2026 and December 31, 2025, the Company had approximately $9.4 million and $8.9 million of deferred revenue in the Government Solutions segment, respectively. During the three months ended March 31, 2026 and 2025, the Company recognized $3.2 million and $4.3 million, respectively, of revenue, excluding exchange rate impact, related to amounts that were included in deferred revenue as of December 31, 2025 and 2024. As of March 31, 2026 and December 31, 2025, the Company had approximately $17.5 million and $20.1 million of deferred revenue in the Parking Solutions segment, respectively. During the three months ended March 31, 2026 and 2025, the Company recognized $9.1 million and $10.0 million, respectively, of revenue, excluding exchange rate impact, related to amounts that were included in deferred revenue as of December 31, 2025 and 2024.
Item 1. Financial Statements
FAQ
- What is Verra Mobility's government solutions — contract with customer liability revenue recognized?
- Verra Mobility (VRRM) reported government solutions — contract with customer liability revenue recognized of $3.2M in Q1 2026.
- How has Verra Mobility's government solutions — contract with customer liability revenue recognized changed year-over-year?
- Verra Mobility's government solutions — contract with customer liability revenue recognized decreased by 25.6% year-over-year, from $4.3M to $3.2M.
- What is the long-term trend for Verra Mobility's government solutions — contract with customer liability revenue recognized?
- Over 4 years (2021 to 2025), Verra Mobility's government solutions — contract with customer liability revenue recognized has grown at a -2.6% compound annual growth rate (CAGR), from $8.9M to $8M.
- What does government solutions — contract with customer liability revenue recognized mean?
- This metric tracks the portion of previously deferred revenue that has been successfully recognized as income during the reporting period upon the completion of service obligations. It reflects the actual delivery of smart transportation solutions to government partners. An increasing trend indicates consistent execution and successful fulfillment of long-term government contracts.
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