Verra Mobility VRRM Parking Solutions — Deferred Revenue
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Where this comes from
Reported directly by Verra Mobility in its filing.
Tagged under the XBRL concept us-gaap:DeferredRevenue.
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 — deferred revenue?
- Verra Mobility (VRRM) reported parking solutions — deferred revenue of $17.5M in Q1 2026.
- How has Verra Mobility's parking solutions — deferred revenue changed year-over-year?
- Verra Mobility's parking solutions — deferred revenue decreased by 3.3% year-over-year, from $18.1M to $17.5M.
- What is the long-term trend for Verra Mobility's parking solutions — deferred revenue?
- Over 2 years (2022 to 2025), Verra Mobility's parking solutions — deferred revenue has grown at a -3.0% compound annual growth rate (CAGR), from $88.5M to $83.2M.
- What does parking solutions — deferred revenue mean?
- Reflects the portion of revenue billed or collected in advance for parking services that have not yet been earned or delivered. It serves as a measure of future service obligations and provides insight into the stability of the segment's revenue pipeline.
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