GMR Solutions Inc. (NYSE: GMRS) announced its financial results for the three and nine months ended September 30, 2026, and updated its full-year 2026 guidance. The company reported net revenue of $1,595.6 million for the third quarter of 2026, representing a 5.9% increase compared to the same period in 2025.

Net income for the third quarter of 2026 was $135.6 million, an increase of 81.7% compared to $74.6 million in the prior year. Adjusted EBITDA for the quarter was $356.6 million, up 4.2% year-over-year. Despite weather-related constraints and higher inflationary costs, the company achieved this growth through increased core emergent services and disciplined cost management.

For the nine months ended September 30, 2026, net revenue totaled $4.54 billion, a 5.3% increase from $4.32 billion in the prior year. Net income for the nine-month period was $213.6 million, up 10.5% from $193.4 million in 2025. Adjusted EBITDA for the nine months was $946.1 million, a 0.4% increase from $942.8 million.

GMR Solutions maintains a strong liquidity position of approximately $999.3 million, consisting of $298.0 million in cash and cash equivalents and approximately $701.3 million of available borrowing capacity. The company also reduced leverage through a strategic capital transaction on September 17, 2026, which included the repayment of $200.0 million of senior secured term loan borrowings and a reduction to the applicable interest rate by 50 basis points.

In terms of business metrics, the company reported 1,078,133 total ambulance transports in the third quarter of 2026, compared to 1,052,568 in the prior year. Nurse Navigation encounters increased to 32,180 in the third quarter of 2026 from 21,326 in the prior year.

GMR Solutions has updated its full-year 2026 financial guidance. The company now expects net revenue to range between $5.90 billion and $6.05 billion. Adjusted EBITDA is expected to be between $1.135 billion and $1.195 billion. The company also projects cash used for net capital expenditures and aircraft financing to be between 5.2% and 5.4% of net revenue.

The company will host a conference call on November 10, 2026, at 8:00 a.m. Eastern Time to discuss these results.