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Side-by-side financial comparison of VERRA MOBILITY Corp (VRRM) and Wingstop Inc. (WING). Click either name above to swap in a different company.

VERRA MOBILITY Corp is the larger business by last-quarter revenue ($257.9M vs $183.7M, roughly 1.4× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 7.3%, a 8.9% gap on every dollar of revenue. On growth, VERRA MOBILITY Corp posted the faster year-over-year revenue change (16.4% vs 7.4%). Over the past eight quarters, VERRA MOBILITY Corp's revenue compounded faster (10.9% CAGR vs 8.6%).

Verra Mobility Corp is a leading global smart mobility technology solution provider. It delivers toll management, parking and traffic compliance enforcement, connected vehicle services, and fleet management tools, serving government transport agencies, rental car operators, commercial fleet owners, and automotive partners across North America, Europe, and Asia-Pacific.

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

VRRM vs WING — Head-to-Head

Bigger by revenue
VRRM
VRRM
1.4× larger
VRRM
$257.9M
$183.7M
WING
Growing faster (revenue YoY)
VRRM
VRRM
+9.0% gap
VRRM
16.4%
7.4%
WING
Higher net margin
WING
WING
8.9% more per $
WING
16.3%
7.3%
VRRM
Faster 2-yr revenue CAGR
VRRM
VRRM
Annualised
VRRM
10.9%
8.6%
WING

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
VRRM
VRRM
WING
WING
Revenue
$257.9M
$183.7M
Net Profit
$18.9M
$29.9M
Gross Margin
86.5%
Operating Margin
16.7%
27.4%
Net Margin
7.3%
16.3%
Revenue YoY
16.4%
7.4%
Net Profit YoY
128.3%
EPS (diluted)
$0.12
$1.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
VRRM
VRRM
WING
WING
Q1 26
$183.7M
Q4 25
$257.9M
$175.7M
Q3 25
$261.9M
$175.7M
Q2 25
$236.0M
$174.3M
Q1 25
$223.3M
$171.1M
Q4 24
$221.5M
$161.8M
Q3 24
$225.6M
$162.5M
Q2 24
$222.4M
$155.7M
Net Profit
VRRM
VRRM
WING
WING
Q1 26
$29.9M
Q4 25
$18.9M
$26.8M
Q3 25
$46.8M
$28.5M
Q2 25
$38.6M
$26.8M
Q1 25
$32.3M
$92.3M
Q4 24
$-66.7M
$26.8M
Q3 24
$34.7M
$25.7M
Q2 24
$34.2M
$27.5M
Gross Margin
VRRM
VRRM
WING
WING
Q1 26
86.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
85.6%
Q3 24
85.0%
Q2 24
85.4%
Operating Margin
VRRM
VRRM
WING
WING
Q1 26
27.4%
Q4 25
16.7%
26.7%
Q3 25
28.6%
27.9%
Q2 25
26.8%
25.9%
Q1 25
25.7%
22.4%
Q4 24
-19.6%
25.9%
Q3 24
28.3%
24.5%
Q2 24
27.5%
26.5%
Net Margin
VRRM
VRRM
WING
WING
Q1 26
16.3%
Q4 25
7.3%
15.2%
Q3 25
17.9%
16.2%
Q2 25
16.3%
15.4%
Q1 25
14.5%
53.9%
Q4 24
-30.1%
16.5%
Q3 24
15.4%
15.8%
Q2 24
15.4%
17.7%
EPS (diluted)
VRRM
VRRM
WING
WING
Q1 26
$1.08
Q4 25
$0.12
$0.99
Q3 25
$0.29
$1.02
Q2 25
$0.24
$0.96
Q1 25
$0.20
$3.24
Q4 24
$-0.39
$0.91
Q3 24
$0.21
$0.88
Q2 24
$0.20
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
VRRM
VRRM
WING
WING
Cash + ST InvestmentsLiquidity on hand
$65.3M
$128.8M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$293.0M
Total Assets
$1.6B
$648.9M
Debt / EquityLower = less leverage
3.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VRRM
VRRM
WING
WING
Q1 26
$128.8M
Q4 25
$65.3M
$196.6M
Q3 25
$196.1M
$237.6M
Q2 25
$147.7M
$227.9M
Q1 25
$108.5M
$251.4M
Q4 24
$77.6M
$315.9M
Q3 24
$206.1M
$84.0M
Q2 24
$122.0M
$96.7M
Total Debt
VRRM
VRRM
WING
WING
Q1 26
Q4 25
$1.0B
$1.2B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
$1.2B
Q3 24
$1.0B
Q2 24
$1.0B
Stockholders' Equity
VRRM
VRRM
WING
WING
Q1 26
Q4 25
$293.0M
$-736.8M
Q3 25
$403.1M
$-702.6M
Q2 25
$352.1M
$-686.0M
Q1 25
$299.6M
$-715.0M
Q4 24
$265.1M
$-675.6M
Q3 24
$486.5M
$-447.5M
Q2 24
$438.6M
$-437.5M
Total Assets
VRRM
VRRM
WING
WING
Q1 26
$648.9M
Q4 25
$1.6B
$693.4M
Q3 25
$1.8B
$721.0M
Q2 25
$1.7B
$708.3M
Q1 25
$1.6B
$696.8M
Q4 24
$1.6B
$716.2M
Q3 24
$1.9B
$484.8M
Q2 24
$1.8B
$451.8M
Debt / Equity
VRRM
VRRM
WING
WING
Q1 26
Q4 25
3.51×
Q3 25
2.55×
Q2 25
2.93×
Q1 25
3.45×
Q4 24
3.90×
Q3 24
2.13×
Q2 24
2.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VRRM
VRRM
WING
WING
Operating Cash FlowLast quarter
$40.0M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$136.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VRRM
VRRM
WING
WING
Q1 26
Q4 25
$40.0M
$57.3M
Q3 25
$77.7M
$63.9M
Q2 25
$75.1M
$6.6M
Q1 25
$63.0M
$25.3M
Q4 24
$40.5M
$7.7M
Q3 24
$108.8M
$69.0M
Q2 24
$40.0M
$36.2M
Free Cash Flow
VRRM
VRRM
WING
WING
Q1 26
Q4 25
$5.7M
$34.5M
Q3 25
$49.0M
$61.7M
Q2 25
$40.3M
$-7.8M
Q1 25
$41.7M
$17.3M
Q4 24
$21.6M
$-8.6M
Q3 24
$85.1M
$54.9M
Q2 24
$26.0M
$25.9M
FCF Margin
VRRM
VRRM
WING
WING
Q1 26
Q4 25
2.2%
19.6%
Q3 25
18.7%
35.1%
Q2 25
17.1%
-4.5%
Q1 25
18.7%
10.1%
Q4 24
9.8%
-5.3%
Q3 24
37.7%
33.8%
Q2 24
11.7%
16.6%
Capex Intensity
VRRM
VRRM
WING
WING
Q1 26
Q4 25
13.3%
13.0%
Q3 25
11.0%
1.3%
Q2 25
14.8%
8.2%
Q1 25
9.5%
4.7%
Q4 24
8.5%
10.1%
Q3 24
10.5%
8.7%
Q2 24
6.3%
6.6%
Cash Conversion
VRRM
VRRM
WING
WING
Q1 26
Q4 25
2.12×
2.14×
Q3 25
1.66×
2.24×
Q2 25
1.95×
0.25×
Q1 25
1.95×
0.27×
Q4 24
0.29×
Q3 24
3.13×
2.68×
Q2 24
1.17×
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

VRRM
VRRM

Services$239.5M93%
CA$8.4M3%
GB$5.7M2%
Other Customer$1.6M1%
Parking Solutions$1.1M0%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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