GMR Solutions Inc. Reports Financial Results for the Three and Nine Months Ended September 30, 2026 and Updated Full Year 2026 Guidance
Key Highlights
- ➤Q3 net revenue $1,595.6 million, up 5.9% year over year
- ➤Q3 net income $135.6 million, up 81.7% year over year
- ➤Q3 Adjusted EBITDA $356.6 million, up 4.2% year over year
- ➤2026 revenue guidance $5,900-$6,050 million; Adjusted EBITDA $1,135-$1,195 million
- ➤GMR repaid $200.0 million term-loan borrowings and cut interest rate 50 basis points
Expert Statements
Nick Loporcaro, Chairman and Chief Executive Officer of GMR Solutions Inc.
“The third quarter showcased the resiliency that is inherent in GMR’s scale, national footprint, and integrated model.”
Nick Loporcaro, Chairman and Chief Executive Officer of GMR Solutions Inc.
“Our ability to serve patients across a broad range of operations and geographies helped us navigate weather-related constraints and other external pressures while continuing to grow our core emergent services.”
Nick Loporcaro, Chairman and Chief Executive Officer of GMR Solutions Inc.
“Combined with the momentum we are seeing in Nurse Navigation and new market growth, these results reinforce our confidence in the strength of our platform and opportunities ahead.”
Brian Tierney, Chief Financial Officer of GMR Solutions Inc.
“We delivered strong financial performance in the third quarter, with revenue increasing 5.9% to $1,595.6 million, and net income increasing 81.7% to $135.6 million, despite weather-related pressure on flight activity, higher fuel and other inflationary costs, and the anticipated shift in payor mix.”
Brian Tierney, Chief Financial Officer of GMR Solutions Inc.
“Growth in our core emergent services, continued improvement in revenue per transport and disciplined cost management helped us absorb these headwinds while continuing to invest in the business and strengthen our financial position.”
GMR Solutions Inc. Reports Financial Results for the Three and Nine Months Ended September 30, 2026 and Updated Full Year 2026 Guidance
GMR Solutions Inc. (“GMR” or the “Company”) (NYSE: GMRS), the nation’s largest provider of emergency medical services (“EMS”), today announced financial results for the three and nine months ended September 30, 2026, and updated its full year 2026 financial guidance.
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