Full-Time
Posted on 8/12/2025
Smart transportation technology and safety solutions
No salary listed
No H1B Sponsorship
Indianapolis, IN, USA + 2 more
More locations: New York, NY, USA | Phoenix, AZ, USA
Hybrid
Must commute to office 3 days per week.
Verra Mobility provides technology solutions for smart transportation, helping cities, fleets, and rental companies make roads safer and more efficient. Its offerings include hardware and software for programs like school bus stop-arm cameras, fleet management, and data analytics. The system typically combines cameras and sensors with software to monitor traffic events, enforce laws, and optimize operations; customers install the technology, receive ongoing maintenance, and access analytics to improve transportation systems. The company distinguishes itself through a global footprint (over 15 countries), a diverse client base (government agencies, commercial fleets, rental car companies), and multiple revenue streams from sales, installation, maintenance, and data services, along with partnerships within the smart mobility ecosystem. The overall goal is to reduce traffic incidents, improve driver behavior, and create safer, more connected transportation networks.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Mesa, Arizona
Founded
1987
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Remote Work Options
Flexible Work Hours
Verra Mobility, a provider of smart mobility technology for tolls, violations and traffic enforcement, has seen its stock drop 39.9% over six months to $14.64 following softer quarterly results. The company demonstrated strong five-year revenue growth of 20% compound annual growth rate and impressive 19.6% annual earnings per share growth over the same period. However, its free cash flow margin declined by 16.6 percentage points over five years, potentially signalling increasing investment needs. The stock currently trades at 10.6× forward price-to-earnings ratio. Verra Mobility's technology aims to modernise a historically manual, paper-based industry through data-driven solutions for transportation services.
Verra Mobility, a provider of smart mobility technology for tolls, violations and traffic enforcement, reported Q4 revenues of $257.9 million, up 16.4% year-on-year and exceeding analysts' expectations by 6.7%. This marked the largest analyst estimate beat amongst 15 electrical systems stocks tracked. However, the quarter showed weakness in profitability metrics, with significant misses on both adjusted operating income and earnings per share estimates. The company's shares have declined 5.5% since the earnings release and currently trade at $15.25. The electrical systems sector reported mixed Q4 results overall, with revenues beating consensus estimates by 2.1% but next quarter guidance coming in 1.3% below expectations. Sector shares have averaged a 10.9% decline since latest earnings announcements.
Verra Mobility fell to a three-year low on Wednesday, dropping 13.52% to $16.18 after missing fourth-quarter earnings expectations. The company reported adjusted earnings per share of $0.30, below analyst estimates of $0.31. Despite the miss, Verra Mobility showed improvement with net income of $18.88 million, reversing a $66.6 million loss from the previous year. Fourth-quarter revenues rose 16% to $257.86 million. For the full year, net profit jumped 335% to $136.6 million, whilst revenues increased 9% to $918 million, driven by strong performance across services, government solutions and commercial services. The company projects 2025 revenues between $1.02 billion and $1.03 billion, with adjusted earnings per share of $1.32 to $1.38.
Verra Mobility recognized as GovTech 100 company for sixth consecutive year. February 6, 2026 Verra Mobility Corporation, a leading provider of smart mobility technology solutions, announced today it has been recognized as a GovTech 100 Company for 2026 (full list here). This is the 11th year Government Technology magazine has declared the top 100 companies in GovTech, and the sixth consecutive year Verra Mobility has been recognized. The designation is given to companies showing growth and business leadership in the technology sector and are focused on making a difference in local and state government agencies across the United States. The list is curated and reviewed by a working group from the GovTech Biz editorial team, as well as investors, former officials and market experts. "Earning a place on the GovTech 100 for the sixth consecutive year highlights Verra Mobility's commitment to delivering innovative mobility solutions for our government partners," said Jon Baldwin, executive vice president, Verra Mobility. "As we look to the year ahead, we are excited to continuously evolve our solutions to meet the ever-changing needs of cities across the globe to improve mobility and make streets safer." Last year, Verra Mobility expanded its presence nationwide, with major milestones including the launch of California's first pilot speed safety program in San Francisco and a large-scale expansion confirmed for New York City's red-light safety program. "The conversation in government has shifted," said Joe Morris, chief innovation officer, e.Republic. "AI has fueled an explosion of new entrants and is now foundational to many solutions in the market. What sets this year's GovTech 100 apart is the demonstrated commitment to state and local government, meaningful traction with customers, and the consistency required to support agencies at scale, which goes beyond pilots or short-term trends." For companies like Verra Mobility and its Government Solutions business, this trend presents an opportunity to partner with local governments in delivering innovative technologies, such as automated enforcement and school safety systems, that not only improve safety and efficiency but also align with broader sustainability and urban mobility goals.
Verra Mobility has partnered with Italian rental car company Locauto Group to provide electronic toll payment solutions across Italy. The programme allows drivers to opt in at over 100 Locauto rental locations, enabling automatic toll payments and bypassing tollbooth queues. Italy operates one of Europe's largest toll road networks. With the Italian car rental market growing and more than 60 million international visitors annually, demand for electronic toll payment solutions is increasing. Locauto operates its own brand plus Enterprise, National and Alamo through an exclusive partnership with Enterprise Mobility. Verra Mobility automatically processes over 300 million toll transactions yearly for more than seven million vehicles globally across North America and Europe, operating in 15 European countries.