Verra announced a significant financial turnaround in its first 2026 stakeholder update webinar, underscoring the organization’s stability and resilience.

The nonprofit reduced its net loss from $19 million in 2024 to less than $1 million in 2025, an extraordinary year-over-year improvement that reflects sharper financial discipline and renewed operational focus.

In the webinar, Verra CEO Mandy Rambharos said: “When I joined Verra, restoring financial stability was among my most urgent priorities. In 2025, we made some very tough decisions. But those decisions led to a real course correction.”

“Verra is now on a sustainable financial footing, with strong cash reserves, thanks to discipline and teamwork across the organization."

Mandy Rambharos, CEO, Verra

In 2025, despite a softer market-wide issuance environment, Verra saw close to double-digit year-over-year revenue growth, exceeding $30 million in total revenue.

Development work, including grants, became a meaningful contributor to the nonprofit’s revenue model, an area Verra expects will continue to grow in 2026.

On the cost side, the organization reduced annual expenses by approximately one-third, which also contributed to a cash-neutral position year-over-year.

While Rambharos emphasized that these figures were unaudited and final numbers would be shared with the publication of the organization’s annual report, she said: “We’re confident in the story these preliminary figures tell about our operations and future.”

Contact:

Media Inquiries: Erdem Koch | media@verra.org

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About Verra

Verra is a global leader helping to tackle the world’s most intractable environmental and social challenges. As a mission-driven nonprofit organization, Verra is committed to helping reduce greenhouse gas emissions, improve livelihoods, and protect natural resources by working with the private and public sectors. We support climate action and sustainable development with standards programs and tools that credibly, transparently, and robustly assess environmental and social impacts and enable funding for sustaining and scaling up projects that verifiably deliver these benefits.