Monitor the Q2 2026 earnings call for same-market revenue growth trajectory and margin trends, as the deceleration from 14.9% to 7.9% in same-market growth warrants attention. The preferred stock redemption reduces future dividend obligations but consumed $250M of cash.
Price Chart
Executive Summary
GMR Solutions reported Q1 2026 net revenue of $1,457.6M (+6.6% YoY), net income of $106.3M (+179.7% YoY), and Adjusted EBITDA of $305.1M (+9.7% YoY). The company established full-year 2026 guidance for net revenue of $5.89B-$6.18B and Adjusted EBITDA of $1.135B-$1.195B. No consensus estimates were available for comparison, limiting surprise assessment.
Key Financial Metrics
Key Facts
- Q1 2026 net revenue $1,457.6M, up 6.6% from $1,367.4M in Q1 2025
- Net income $106.3M, up 179.7% from $38.0M in Q1 2025
- Adjusted EBITDA $305.1M, up 9.7% from $278.1M in Q1 2025
- Full-year 2026 guidance: net revenue $5.89B-$6.18B, Adjusted EBITDA $1.135B-$1.195B
- Redeemed 189,050 shares of Preferred Stock for ~$250.0M on March 6, 2026
- Liquidity >$1.1B: $426.1M cash + $691.6M ABL availability
- Same-market revenue growth decelerated to 7.9% from 14.9% in prior year
- Total ambulance transports declined slightly to 1,042,152 from 1,052,497
Financial Impact
Revenue growth of 6.6% YoY and net income growth of 179.7% YoY, with full-year guidance implying ~6-11% revenue growth
Risk Factors
- Same-market revenue growth decelerated sharply to 7.9% from 14.9%
- Operating cash flow declined to $128.7M from $189.3M in Q1 2025
- Accounts receivable increased $64.8M, pressuring working capital
- Cash balance dropped $183.2M from year-end 2025 due to preferred stock redemption
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-068983 |
| Document: gmrs-20260601x8k.htm | 0001104659-26-068983 |
| Document: 0001104659-26-068983-index-headers.html | 0001104659-26-068983 |
| Document: 0001104659-26-068983-index.html | 0001104659-26-068983 |
| Document: 0001104659-26-068983.txt | 0001104659-26-068983 |
| 8-K Data (Synthetic) | 0001104659-26-068983 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 17, 2026 5w ago | 8-K | $12.53 $10.00 | ▼ −20.19% | ▼ −20.40% | $10.86 (−13.34%) |
Sep 15, 2026 5w ago | Insider Cluster | $12.73 $10.59 | ▲ +16.81% | ▲ +19.79% | $10.86 (+14.70%) |
Sep 14, 2026 5w ago | 144 | $12.73 $10.59 | ▲ +16.81% | ▲ +19.79% | $10.86 (+14.70%) |
Sep 14, 2026 5w ago | 144 | $12.73 $10.59 | ▼ −16.81% | ▼ −19.79% | $10.86 (−14.70%) |
Sep 14, 2026 5w ago | 144 | $12.73 $10.59 | ▼ −16.81% | ▼ −19.79% | $10.86 (−14.70%) |
Sep 11, 2026 6w ago | 8-K | $13.26 $10.60 | ▼ −20.06% | ▼ −22.32% | $10.86 (−18.11%) |
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Jun 1, 2026 20w ago | 8-K | $10.61 $14.76 | ▲ +39.11% | ▲ +40.68% | $10.86 (+2.34%) |
May 18, 2026 23w ago | 8-K | $13.37 $12.00 | ▼ −10.25% | ▼ −11.83% | $10.86 (−18.79%) |
May 14, 2026 23w ago | 424B4 | $13.85 $12.35 | ▼ −10.83% | ▼ −9.97% | $10.86 (−21.60%) |
US Market Status
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