GMR Solutions Q2 revenue rises 3.3% to $1.49 billion; net loss $28.3 million
GMR Solutions reported second-quarter 2026 net revenue of $1,490.3 million, up 3.3%, but swung to a net loss of $28.3 million from net income of $80.8 million a year earlier. Adjusted EBITDA fell 11.8% to $284.5 million, and the company reaffirmed its full-year 2026 guidance, which means shareholders should weigh the revenue growth against lower profit.
Key points
- Q2 2026 net revenue was $1,490.3 million, up 3.3% from $1,442.0 million in Q2 2025.
- Q2 2026 net loss was $28.3 million, compared with net income of $80.8 million in Q2 2025; adjusted EBITDA was $284.5 million, down 11.8%.
- Full-year 2026 guidance was reaffirmed: net revenue of $5,890 million to $6,180 million and adjusted EBITDA of $1,135 million to $1,195 million.
- The CFO said the prior-year period benefited from a $74.3 million year-over-year difference in revenue estimate changes tied to No Surprises Act collections.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.