Verra Mobility VRRM Parking 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 parking solutions — contract with customer liability revenue recognized?
- Verra Mobility (VRRM) reported parking solutions — contract with customer liability revenue recognized of $9.1M in Q1 2026.
- How has Verra Mobility's parking solutions — contract with customer liability revenue recognized changed year-over-year?
- Verra Mobility's parking solutions — contract with customer liability revenue recognized decreased by 9.0% year-over-year, from $10M to $9.1M.
- What is the long-term trend for Verra Mobility's parking solutions — contract with customer liability revenue recognized?
- Over 4 years (2021 to 2025), Verra Mobility's parking solutions — contract with customer liability revenue recognized has grown at a -1.1% compound annual growth rate (CAGR), from $20.9M to $20M.
- What does parking solutions — contract with customer liability revenue recognized mean?
- Indicates the amount of revenue previously recorded as a contract liability that has been recognized during the current period as performance obligations are satisfied. This tracks the conversion of advance payments into realized revenue for parking technology services.
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