GMR Solutions IPO: revenue, profit and offering terms from its S-1
GMR Solutions priced its IPO at $15 a share on 14 May 2026 and raised $479 million. Its shares trade on NYSE as GMRS. Revenue was $5.7 billion in 2025, down 4% from 2024, with a net profit of $206 million.
Headlines
- Revenue, 2025
- $5.7B
- Down 4% on the year before
- Net income, 2025
- $206M
- IPO price
- $15
- $479M raised
GMR Solutions IPO terms
From the final prospectus (424B4).
- Exchange
- New York Stock Exchange
- Ticker
- GMRS
- IPO price
- $15
- Shares offered
- 31,914,893
- Raised
- $479M
- Registered
- $918M, the amount the filing fee is paid on
- Underwriters
- J.P. Morgan, KKR and BofA Securities, with 10 more banks
- First filed
- 17 Apr 2026
GMR Solutions revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2024 | $6.0B | - | $20M |
| 2025 | $5.7B | $752M | $206M |
GMR Solutions share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 0 votes
- Employees
- 34,000
- Headquarters
- Lewisville, Texas
GMR Solutions shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $15
- Priced 14 May 2026
- First close
- $13.85
- -8% on the IPO price
- Latest close
- $10.81
- -28% on the IPO price
GMR Solutions' IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from GMR Solutions' newest prospectus (S-1/A filed 12 May 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.