GMR Solutions Inc. (GMRS) SEC Filings & Earnings Calls
EquiReason read 7 GMR Solutions Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-09-17 — GMR Solutions amended its credit agreement to reduce interest rate margin by 50 bps and prepaid $200M of term loans, resulting in ~$28M annual interest savings..
Source: SEC EDGAR filings · read by EquiReason
- Market cap
- 579.7M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 9 Nov, in 16 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
17 Sep 20268-K · 1.01, 2.03, 8.01GMR Solutions amended its credit agreement to reduce interest rate margin by 50 bps and prepaid $200M of term loans, resulting in ~$28M annual interest savings.open
Figures in the filing · each found in the filing text
| Annual cash interest expense savings · FY2026 | $28M | |
| Voluntary debt prepayment · Q3-2026 | $200M | |
| Total debt after transactions · Q2-2026 | $4.27B | |
| Cash and cash equivalents after transactions · Q2-2026 | $188M |
Risks flagged
Debt reduction improves credit profile but cash used reduces liquidity buffer.
“Prepaid $200M debt using cash on hand; cash reduced to $188M.”
11 Sep 20268-K · 8.01Repricing of first lien term loan: margin reduced from +3.25% to +2.75% (50 bps cut); $200M voluntary prepayment; ~$28M annual interest savings.open
Figures in the filing · each found in the filing text
| annual cash interest expense savings · FY2027 | $28M | |
| voluntary debt prepayment · Q3-2026 | $200M | |
| interest rate margin reduction · Q3-2026 | $50.00 |
Risks flagged
Debt repricing reduces interest cost; improves cash flow and deleveraging.
“Lower margin; $200M prepayment; $28M annual savings.”
12 Aug 202610-QGMRS reported Q2 2026 results: revenue +3.3% YoY, but net loss of $28.3M vs net income of $80.8M in prior year, driven by IPO-related stock compensation expense.earningsopen
Figures in the filing · each found in the filing text
| Net revenue · Q2-2026 | $1.49B | +3% y/y |
| Net income (loss) · Q2-2026 | $-28M | -135% y/y |
| Adjusted EBITDA · Q2-2026 | $285M | -12% y/y |
| Total ambulance transports · Q2-2026 | 1,048,334 | +2% y/y |
| Net transport revenue per ambulance transport · Q2-2026 | $1370.00 | +1% y/y |
| Same market revenue growth · Q2-2026 | 3.8% | |
| Net cash capital expenditures · Q2-2026 | $66M | +65% y/y |
| Weather cancellation rate for emergent air transports · Q2-2026 | 15.5% |
Risks flagged
Fuel cost volatility
“The average cost of aircraft fuel per gallon for the three and six months ended June 30, 2026 increased 28.8% and 22.6%, respectively, compared to the same prior year period.” · word for word
Labor cost inflation
“During the three months ended June 30, 2026, there were merit and other wage adjustments to attract and retain staff of approximately $26.0 million” · word for word
Stock-based compensation expense volatility
“Stock-based employee compensation expense was $132.6 million for the three months ended June 30, 2026, compared to expense of $3.0 million for the same prior year period.” · word for word
High leverage
“Long-term debt $ 4,266,377 (in thousands) as of June 30, 2026.”
Tax Receivable Agreement liability
“As of June 30, 2026, the Company recorded a TRA liability of $468.4 million.” · word for word
12 Aug 20268-K · 2.02Q2 2026 net revenue $1.49B (+3.3% YoY); net loss of $28.3M vs net income of $80.8M prior year; Adjusted EBITDA $284.5M (-11.8%); reaffirms full-year 2026 guidance.earningsopen
Figures in the filing · each found in the filing text
| Net revenue · Q2-2026 | $1.49B | +3% y/y |
| Net income (loss) · Q2-2026 | $-28M | -135% y/y |
| Adjusted EBITDA · Q2-2026 | $285M | -12% y/y |
| Cash and cash equivalents · Q2-2026 | $420M | |
| Total patient encounters · Q2-2026 | 1,362,578 | +1% y/y |
| Emergent transports · Q2-2026 | 845,805 | +3% y/y |
| Net transport revenue per ambulance transport · Q2-2026 | $1370.00 | +1% y/y |
| Same market revenue growth · Q2-2026 | 3.8% | |
| Net cash capital expenditures · Q2-2026 | $66M | +65% y/y |
Guidance
FY2026 net revenue $5.89B-$6.18B; Adjusted EBITDA $1.135B-$1.195B
Reaffirmed full-year 2026 guidance; management cites strong underlying performance.
Risks flagged
Net loss and Adjusted EBITDA decline due to unfavorable revenue estimate comparisons and cost pressures.
“Net loss of $28.3M vs net income of $80.8M; Adjusted EBITDA down 11.8%.”
High leverage post-IPO; debt repayment and preferred stock redemption completed.
“Repaid $670M of senior secured term loan borrowings and redeemed all Series B preferred stock.”
2 Jun 202610-QGMRS reported Q1 2026 results: revenue +6.6% YoY, net income +179.7% YoY, and Adjusted EBITDA +9.7% YoY, driven by strong revenue growth and lower interest expense.earningsopen
Figures in the filing · each found in the filing text
| Net revenue · Q1-2026 | $1.46B | +7% y/y |
| Net income (loss) · Q1-2026 | $106M | +180% y/y |
| Adjusted EBITDA · Q1-2026 | $305M | +10% y/y |
| Total ambulance transports · Q1-2026 | 1,042,152 | -1% y/y |
| Net transport revenue per ambulance transport · Q1-2026 | $1360.00 | +8% y/y |
| Same market revenue growth · Q1-2026 | 7.9% | |
| Net cash capital expenditures · Q1-2026 | $54M | +40% y/y |
| Weather cancellation rate for emergent air transports · Q1-2026 | 17.1% |
Risks flagged
Fuel cost volatility
“The average cost of aircraft fuel per gallon for the three months ended March 31, 2026 increased 7.3% compared to the same prior three month period.” · word for word
Labor cost inflation
“During the three months ended March 31, 2026, there were merit and other wage adjustments to attract and retain staff of $22.0 million”
High leverage
“Long-term debt $ 4,894,435 (in thousands) as of March 31, 2026.”
Tax Receivable Agreement liability
“The Company expects that the payments that it may make under the Tax Receivable Agreement will be material.”
1 Jun 20268-K · 2.02GMR Solutions Q1 2026: net revenue $1,457.6M (+6.6% YoY), net income $106.3M (+179.7% YoY), adjusted EBITDA $305.1M (+9.7% YoY). Establishes FY2026 guidance: revenue $5,890-6,180M, adjusted EBITDA $1,135-1,195M.earningsopen
Figures in the filing · each found in the filing text
| Net Revenue · Q1-2026 | $1.46B | +7% y/y |
| Net Income · Q1-2026 | $106M | +180% y/y |
| Adjusted EBITDA · Q1-2026 | $305M | +10% y/y |
| Patient Encounters · Q1-2026 | 1,352,022 | -1% y/y |
| Emergent Transports · Q1-2026 | 837,443 | +1% y/y |
| Non-Emergent Transports · Q1-2026 | 204,709 | -7% y/y |
| Total Ambulance Transports · Q1-2026 | 1,042,152 | -1% y/y |
| Net Transport Revenue per Ambulance Transport · Q1-2026 | $1360.00 | +8% y/y |
| Same Market Revenue Growth · Q1-2026 | 7.9% | |
| Net Cash Capital Expenditures · Q1-2026 | $54M | +40% y/y |
Guidance
FY2026 net revenue $5,890-6,180M; adjusted EBITDA $1,135-1,195M; cash used for net capex and aircraft financing as % of net revenue 5.1-5.3%.
Establishes FY2026 guidance with net revenue $5,890-6,180M, adjusted EBITDA $1,135-1,195M, and capex intensity 5.1-5.3%.
Risks flagged
Non-emergent transports declined 7.2% YoY, indicating potential shift in service mix.
“Non-emergent transports 204,709 vs 220,584 YoY.”
Same-market revenue growth decelerated to 7.9% from 14.9% YoY.
“Same-market revenue growth 7.9% vs 14.9% in Q1 2025.”
Capital expenditures increased significantly, potentially pressuring cash flow.
“Net cash capital expenditures $54.0M vs $38.6M YoY.”
GMR Solutions Inc. — questions
- What did GMR Solutions Inc. file recently?
- 7 SEC filings in the last 12 months. Latest: 8-K on 2026-09-17 — GMR Solutions amended its credit agreement to reduce interest rate margin by 50 bps and prepaid $200M of term loans, resulting in ~$28M annual interest savings.
Every figure on this page comes from GMR Solutions Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.