Verra Mobility is a leading provider of smart mobility technology solutions principally operating throughout the United States, Australia, Europe, and Canada. The company aims to make transportation safer, smarter, and more connected through integrated data driven solutions that include toll and violations management, title and registration services, automated safety and traffic enforcement, and commercial parking management. It brings together vehicles, hardware, software, data, and people to solve transportation challenges for customers such as commercial fleet owners including rental car companies, direct fleets, fleet management companies, governments, universities, parking operators, healthcare facilities, transportation hubs, and violation issuing authorities.

Verra Mobility generates revenue from three operating segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides toll and violations management and title and registration solutions to fleet owners primarily in North America. The Government Solutions segment offers photo enforcement automated safety solutions to government agencies in the United States, Canada, and Australia. The Parking Solutions segment delivers end to end commercial parking management solutions to a diverse set of customers. Revenue is derived from service fees, transaction processing, and product sales.

The company operates through the following segments: Commercial Services, Government Solutions, and Parking Solutions.

• Commercial Services: This segment provides automated toll and violations management and title and registration solutions to rental car companies, direct fleets, fleet management companies, and other large fleet owners primarily in North America. It facilitates timely payment of tolls and violations, transfers liability, bills and collects from drivers, manages toll transponder installation and vehicle association, and works with over 50 tolling authorities in the United States and with violation issuing authorities in 20 European countries. In 2025 it generated $435.8 million representing 45% of total revenue, with toll management accounting for 39%, violations management 4%, and title and registration 2% of total revenue.

• Government Solutions: This segment provides photo enforcement automated safety solutions to states, municipalities, counties, school districts, and law enforcement agencies primarily in the United States, Canada, and Australia. It installs, maintains, and manages hardware and software to process event data, apply rules, and connect violations to responsible drivers or vehicle owners, and offers end to end citation mailing, billing, and administrative services. In 2025 it generated $460.7 million representing 47% of total revenue, with service revenue from speed, red light, school bus, and city bus lane cameras accounting for 42%, and product sales accounting for 5% of total revenue.

• Parking Solutions: This segment provides end to end commercial parking management solutions to approximately 1,775 customers in the university, municipal, healthcare, and commercial operator markets. Its software, transaction processing, and hardware technologies enable management and monetization of parking and enforcement operations. In 2025 it processed about 180 million transactions and generated $82.6 million representing 8% of total revenue.

Verra Mobility operates in the automated safety, tolling, commercial fleet management, and parking sectors. It faces competition in each sector but no single competitor offers a similarly broad suite of solutions across all its segments. The markets are competitive, evolving, and fragmented, subject to technological change, shifting customer needs, contract renewals, and new laws and policies. Competitors include various vendors offering specialized solutions in red light, speed, school bus, and bus lane photo enforcement, as well as firms providing tolling and parking technologies. The company’s competitive advantage lies in its integrated platform, long standing relationships with major rental car companies, extensive connections with tolling and violation issuing authorities, and proprietary hardware and software.

Verra Mobility serves commercial fleet owners such as rental car companies including Avis Budget Group, Enterprise Mobility, and The Hertz Corporation, direct fleets, fleet management companies, government agencies, universities, parking operators, healthcare facilities, transportation hubs, and violation issuing authorities. It also works with more than 50 individual tolling authorities in the United States and with authorities in 20 European countries for violation processing.