Business Wire·Nov 9, 2026, 4:08 PM ET

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. reported third quarter 2026 net revenue of $1,595.6 million, a 5.9% increase compared to the same period in 2025.
Net income for the quarter rose 81.7% to $135.6 million, driven by core emergent service growth & disciplined cost management despite inflationary pressures.
Adjusted EBITDA reached $356.6 million for the quarter, up 4.2% year-over-year.
The company maintained a strong liquidity position of approximately $999.3 million as of September 30, 2026.
GMR reduced leverage by repricing its senior secured term loan on September 17, 2026, which included a $200.0 million repayment & a 50 basis point interest rate reduction.
Total patient encounters totaled 1.4 million in the quarter, with Nurse Navigation encounters growing significantly to 32,180.
Full year 2026 financial guidance was updated to project net revenue between $5,900 million & $6,050 million.
Adjusted EBITDA guidance for the full year 2026 is set between $1,135 million & $1,195 million.
Net transport revenue per ambulance transport increased to $1,426 in the third quarter of 2026 from $1,384 in the prior year period.
Weather conditions impacted air transport, resulting in a 15.7% cancellation rate for emergent air transports in the quarter.
The payor mix shifted slightly, with Commercial insurance & managed care accounting for 57% of net transport revenue.
The company will host a conference call on November 10, 2026, at 8:00 a.m. Eastern Time to discuss these results.