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GMR Solutions Inc. Reports Financial Results for the Three and Six Months Ended June 30, 2026 and Reaffirms Full Year 2026 Guidance

  • GMR Solutions Inc. reported financial results for the three and six months ended June 30, 2026, while updating its full-year 2026 financial guidance.
  • Net revenue for the second quarter reached $1,490.3 million, a 3.3% increase compared to the same period in 2025.
  • The company reported a net loss of $28.3 million for the second quarter, contrasting with a net income of $80.8 million in the prior year period due to favorable revenue estimate developments in the previous year.
  • Adjusted EBITDA for the second quarter was $284.5 million, a decrease of 11.8% year-over-year.
  • The company maintained a liquidity position exceeding $1.1 billion as of June 30, 2026, comprised of $420.0 million in cash and approximately $696.3 million in available borrowing capacity.
  • GMR completed its initial public offering on May 14, 2026, generating $446.8 million in net proceeds from the sale of 31.9 million shares of Class A common stock.
  • Strategic capital transactions included the repayment of $670.0 million in senior secured term loans, the redemption of all Series B preferred stock, and the issuance of 33.3 million warrants for $500.0 million.
  • Total patient encounters in the second quarter totaled 1,362,578, with emergent ground transports increasing to 1,012,182 and nurse navigation encounters rising to 28,909.
  • GMR reaffirmed its full-year 2026 guidance, projecting net revenue between $5,890 million and $6,180 million, and Adjusted EBITDA between $1,135 million and $1,195 million.
  • The conference call to discuss these results is scheduled for August 13, 2026, at 8:30 a.m. Eastern Time, with webcast details available on the company's investor relations website.