GMRS · GMR Solutions Inc.
Price & Indicators
The closing range uses available history since May 13, 2026; less than a full year is stored.
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 13, 2026TL;DR. GMR Solutions reported Q2 2026 revenue up 3.3% to $1.49B with adjusted EBITDA down 11.8% to $284.5M (largely due to a $74M prior-year NSA estimate comp and ~$16M ACA exchange payer-mix headwind), a swing to a $28.3M net loss driven by $142.3M of IPO-related expenses, and reaffirmed full-year guidance while flagging continued Iran-conflict fuel/cost pressure.
- + Q2 revenue grew 3.3% YoY to $1,490.3M with continued momentum in emergent services
- + Liquidity strengthened with $420M cash and ~$696M undrawn ABL capacity following IPO capital actions and credit rating upgrade
- + Net leverage already at 3.5x (down from 4.3x) with line of sight to below 3.3x by year-end and 3.0x by end of 2027
- + 911 Nurse Navigation scaled to 29 communities / 19.7M covered lives with calls up 50% YoY and four more implementations planned
- − Adjusted EBITDA fell 11.8% YoY to $284.5M as margin pressure from ACA exchange subsidy expiration and higher costs weighed on results
- − Net loss of $28.3M in Q2 vs. $80.8M net income prior year, driven by $142.3M of IPO-related stock comp and professional fees
- − Total operating expense rose 19.4% YoY to $1.43B, with employee wages up 24.5% and fuel/maintenance up 21.1% on Iran-conflict and aircraft maintenance timing
- − CapEx and aircraft financing stepped up to 6.3% of revenue vs. 4.5% prior year due to pull-forward of purchases
- − Year-over-year No Surprises Act/IDR revenue estimate tailwind was $74M lower, creating a meaningful comparability drag
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | 589.59M | Six Months Ended June 30, 2026 | — |
| Air base count | 385 | Six Months Ended June 30, 2026 | — |
| Cash used in aircraft financing arrangements | 52.48M | Six Months Ended June 30, 2026 | — |
| EBITDA non-GAAP | $134.51M | Three Months Ended June 30, 2026 filing | — |
| Emergent air transport requests | 155,790 | Six Months Ended June 30, 2026 | — |
| Emergent transports | 1,683,248 | Six Months Ended June 30, 2026 | — |
| Flights | 70,494 | Six Months Ended June 30, 2026 | — |
| Ground transports | 2,019,992 | Six Months Ended June 30, 2026 | — |
| Lender Defined Adjusted EBITDA non-GAAP | $288.07M | Three Months Ended June 30, 2026 filing | — |
| Net cash capital expenditures | 120.41M | Six Months Ended June 30, 2026 | — |
| Net transport revenue per ambulance transport | $1,365 | Six Months Ended June 30, 2026 | — |
| Non emergent transports | 407,238 | Six Months Ended June 30, 2026 | — |
| Non-transport | 552,400 | Six Months Ended June 30, 2026 | — |
| Nurse Navigation encounters | 57,031 | Six Months Ended June 30, 2026 | — |
| Same market revenue growth | 5.7% | Six Months Ended June 30, 2026 | — |
| Total ambulance transports | 2,090,486 | Six Months Ended June 30, 2026 | — |
| Total patient encounters | 2,714,600 | Six Months Ended June 30, 2026 | — |
| Weather cancellation rate for emergent air transports | 16.3% | Six Months Ended June 30, 2026 | — |
| Wheelchair transports | 14,683 | Six Months Ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Medical Care Facilities — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
GMRS
this stock
GMR Solutions Inc.
|
$597.48M | — | — | — | 4.7% |
|
HCA
HCA Healthcare, Inc.
|
$96.64B | -8.6% | +7.1% | 15.0 | 2.9% |
|
FSNUY
Fresenius SE & Co. KGaA
|
$29.92B | -13.3% | — | — | 0.0% |
|
THC
Tenet Healthcare Corp
|
$20.91B | +30.1% | +0.9% | 10.0 | 2.5% |
|
FMS
Fresenius Medical Care AG
|
$12.08B | -6.6% | +5.9% | — | 0.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| GMRS | -10.6% | -26.3% | — | +2.7% | — |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -10.4% | -25.8% | — | +1.8% | — |