SEC 8-K filings with transcript text
Aug 12, 2026
GMR Solutions Inc._August 12, 2026
0001898718false00018987182026-08-122026-08-12
Washington, D.C. 20549
Pursuant To Section 13 OR 15(d) of
The Securities Exchange Act of 1934
August 12, 2026
Date of Report
(Date of earliest event reported)
GMR Solutions Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
001-43289
(Commission File Number)
47-3615769
(I.R.S. Employer Identification No.)
4400 Hwy 121, Suite 700,
Lewisville, TX
(Address of principal executive offices)
75056
(Zip Code)
Registrant’s telephone number, including area code: (972) 459-4919
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class:
Trading Symbol
Name of each exchange on which registered:
Class A common stock, par value $0.0001 per share
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On August 12, 2026, GMR Solutions Inc. (the “Company”) issued a press release announcing its financial results for the three and six months ended June 30, 2026. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained in this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit No.
Description of Exhibit
99.1
Press release of GMR Solutions Inc. dated August 12, 2026
104
Cover Page Interactive Data File – The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
2
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: August 12, 2026
By:
/s/ Brian Tierney
Name:
Brian Tierney
Title:
Executive Vice President and Chief Financial Officer
3
Jun 1, 2026
2 gmrs-20260601xex99d1.htm
Exhibit 99.1
GMR Solutions Inc. Reports First Quarter 2026 Financial Results
and Establishes Full Year 2026 Guidance
LEWISVILLE, Texas (June 1, 2026) — GMR Solutions Inc. (“GMR” or the “Company”) (NYSE: GMRS), the nation’s largest provider of emergency medical services (“EMS”), today announced financial results for the first quarter ended March 31, 2026, and full year 2026 financial guidance.
First Quarter 2026 Financial Highlights
●Net revenue of $1,457.6 million, up 6.6% compared to $1,367.4 million in the first quarter of 2025
●Net income of $106.3 million, up 179.7% compared to $38.0 million in the first quarter of 2025
●Adjusted EBITDA(1) of $305.1 million, up 9.7% compared to $278.1 million in the first quarter of 2025
●Maintained strong liquidity position, in excess of $1.1 billion, comprised of $426.1 million of cash and cash equivalents and approximately $691.6 million of available borrowing capacity on the ABL Facility as of March 31, 2026
●Redeemed 189,050 shares of Preferred Stock for an aggregate redemption price of approximately $250.0 million on March 6, 2026
“GMR’s first-quarter performance reflects the strength of our strategy and the discipline with which we are executing it,” said Nick Loporcaro, Chairman and Chief Executive Officer of GMR. “Our teams continue to deliver solid top-line and net income growth, while staying focused on our core mission-critical services. Taken together, these results reinforce our confidence that GMR has the right foundation, the right financial discipline, and the right growth opportunities to create long-term value and expand our services.”
Key Financials
Three Months Ended
March 31
2026
2025
%
($in millions)
(Unaudited)
Net revenue
$
1,457,576
$
1,367,407
6.6%
Three Months Ended
March 31
2026
2025
%
($in millions)
(Unaudited)
Net income
$
106,336
$
38,024
179.7%
Three Months Ended
March 31,
2026
2025
%
($in millions)
(Unaudited)
Adjusted EBITDA(1)
$
305,052
$
278,061
9.7%
1
Adjusted EBITDA is a non-GAAP financial measure. Please see “Non-GAAP Financial Information” at the end of this press release for a reconciliation of Adjusted EBITDA to net income, the most directly comparable financial measure prepared in accordance with generally accepted accounting principles in the United States (“GAAP”).
1
Business Metrics
Three Months Ended
March 31,
2026
2025
(in thousands)
(Unaudited)
Patient encounters
Emergent transports
837,443
831,913
Non emergent transports
204,709
220,584
Total ambulance transports
1,042,152
1,052,497
of which, Ground transports
1,007,810
1,018,536
of which, Flights
34,342
33,961
Wheelchair transports
7,828
16,577
Non-transport
273,920
276,036
Total patient encounters
1,352,022
1,364,281
of which, Nurse Navigation encounters
28,122
19,171
Net transport revenue per ambulance transport
$
1,360
$
1,260
Other key performance indicators:
Emergent air transport requests
75,213
75,841
Weather cancellation rate for emergent air transports
17.1
%
17.9
%
Same market revenue growth
7.9
%
14.9
%
Net cash capital expenditures
$
54,011
$
38,629
Cash used in aircraft financing arrangements
$
24,992
$
25,095
Payor mix (as a percentage of net transport revenue):
Medicare
25
%
26
%
Medicaid
9
%
9
%
Commercial insurance and managed care
57
%
56
%
Other third-party payors
7
%
7
%
Self-pay
2
%
2
%
Net transport revenue
100
%
100
%
Full Year 2026 Financial Guidance
GMR is establishing the following guidance for the full year 2026:
(in millions)
Range for the year ending
December 31, 2026
Low
High
Net revenue
$
5,890
$
6,180
Adjusted EBITDA(2)
$
1,135
$
1,195
Cash used for net capital expenditures and aircraft financing as a percent of net revenue
5.1%
5.3%
2
A reconciliation of the foregoing guidance for the non-GAAP metric of Adjusted EBITDA to GAAP net income cannot be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence and financial impact of the various adjusting items necessary for such reconciliation that have not yet occurred, are out of o
This page provides GMR Solutions Inc. Class A Common Stock (GMRS) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on GMRS's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.