Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) Financials

VIASP

Trailing 12 months to March 31, 2026

Revenue $480.2M +12.4% YoY

Net Income $12.4M -56.5% YoY

EPS (Diluted) $0.95 -82.8% YoY

Free Cash Flow $24.7M -55.7% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Apr 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VIASP SEC filings page.

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) reported $480.2M in revenue over the twelve months to Mar 31, 2026, up 12.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VIASP FY2025 2026-08-29

Via Renewables’ results show a margin-sensitive operating model and variable cash conversion, with profitability swinging faster than revenue.

Revenue reached $463M in FY2025, yet gross margin fell to 30.6%; volume did not preserve profitability, making the FY2024 margin step-up look less structural. FY2025 operating cash flow was $42.1M against $19.2M of net income, so earnings still became cash despite weaker conversion than FY2024.

Accounts receivable rose from $65.4M to $85.9M while revenue increased, pointing to more cash tied up in customer balances. That working-capital drag coincided with free cash flow declining to $39.1M from $48.9M, so the cash outcome weakened even though operations remained cash-generative.

Debt-to-equity fell from 2.8x in FY2022 to 1.6x in FY2024, showing balance-sheet repair. It rose to 1.8x in FY2025 while current ratio remained 2.5x, indicating renewed borrowing without short-term compression.

Financial Health Signals

Financial Health Score 67/100

Scored as: Utilities peer group

Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock has an operating margin of 11.6%, meaning the company retains $12 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is down from 21.1% the prior year.

Growth

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's revenue surged 16.2% year-over-year to $463.5M, reflecting rapid business expansion. This strong growth earns a score of 35/100.

Leverage

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock carries a low D/E ratio of 1.77, meaning only $1.77 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.55, Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock holds $2.55 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 95/100.

Cash Flow

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock converts 8.4% of revenue into free cash flow ($39.1M). This strong cash generation earns a score of 90/100.

Returns

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock earns a strong 28.3% return on equity (ROE), meaning it generates $28 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 76/100. This is down from 42.3% the prior year.

Piotroski F-Score Partial

4/8

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.20x

For every $1 of reported earnings, Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock generates $2.20 in operating cash flow ($42.1M OCF vs $19.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

7.12x

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock earns $7.12 in operating income for every $1 of interest expense ($53.5M vs $7.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$159.0M

YoY+11.8%

QoQ+24.4%

5Y CAGR+7.1%

10Y CAGR+3.7%

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock generated $159.0M in revenue in Q1 2026. This represents an increase of 11.8% from the same quarter a year earlier. Against the prior quarter it is up 24.4%.

EBITDA

$10.7M

YoY-64.2%

QoQ-57.8%

10Y CAGR-7.9%

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's EBITDA was $10.7M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 64.2% from the same quarter a year earlier. Against the prior quarter it is down 57.8%.

Net Income

$2.1M

YoY-76.7%

QoQ-70.1%

10Y CAGR-6.8%

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock reported $2.1M in net income in Q1 2026. This represents a decrease of 76.7% from the same quarter a year earlier. Against the prior quarter it is down 70.1%.

EPS (Diluted)

-$0.01

YoY-100.5%

QoQ-100.8%

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock earned -$0.01 per diluted share (EPS) in Q1 2026. This represents a decrease of 100.5% from the same quarter a year earlier. Against the prior quarter it is down 100.8%.

Cash & Balance Sheet

Free Cash Flow

$9.1M

YoY-61.1%

QoQ+291.8%

10Y CAGR-9.5%

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock generated $9.1M in free cash flow in Q1 2026, representing cash available after capex. This represents a decrease of 61.1% from the same quarter a year earlier. Against the prior quarter it is up 291.8%.

Cash & Debt

$50.6M

YoY-21.8%

QoQ+21.1%

5Y CAGR-9.1%

10Y CAGR+32.9%

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock held $50.6M in cash against $130.0M in long-term debt as of Q1 2026.

Shares Outstanding

Diluted avg 7M

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock had a weighted average of 7M diluted shares in Q1 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

16.6%

YoY-16.3pp

QoQ-17.8pp

5Y change+24.7pp

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's gross margin was 16.6% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 16.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 17.8 percentage points.

Operating Margin

3.0%

YoY-14.4pp

QoQ-12.1pp

5Y change+27.7pp

10Y change-12.9pp

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's operating margin was 3.0% in Q1 2026, reflecting core business profitability. This is down 14.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 12.1 percentage points.

Net Margin

1.3%

YoY-4.9pp

QoQ-4.1pp

5Y change+8.0pp

10Y change-2.5pp

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's net profit margin was 1.3% in Q1 2026, showing the share of revenue converted to profit. This is down 4.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.1 percentage points.

Return on Equity

3.1%

YoY-9.0pp

QoQ-7.0pp

5Y change+17.5pp

10Y change-20.0pp

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's ROE was 3.1% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 9.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.0 percentage points.

Capital Allocation

Capital Expenditures

$245K

YoY-82.7%

QoQ-56.1%

5Y CAGR-14.0%

10Y CAGR-9.5%

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock invested $245K in capex in Q1 2026, funding long-term assets and infrastructure. This represents a decrease of 82.7% from the same quarter a year earlier. Against the prior quarter it is down 56.1%.

R&D Spending

Not reported for Q1 2026.

Share Buybacks

Not reported for Q1 2026.

VIASP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIASP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$480.2M	$463.5M+16.2%	$398.9M-8.3%	$435.2M-5.5%	$460.5M+17.0%	$393.5M-29.1%	$554.9M-31.8%	$813.7M-19.1%	$1.0B+26.0%	$798.1M+46.0%	$546.7M+52.6%	$358.2M+10.9%	$322.9M+1.8%	$317.1M-16.3%	$379.1M
Cost of Revenue	$359.0M	$321.8M+39.4%	$230.8M-25.7%	$310.7M-13.0%	$357.1M+10.5%	$323.2M-6.2%	$344.6M-44.0%	$615.2M-27.2%	$845.5M+53.1%	$552.2M+60.1%	$344.9M	N/A	N/A	N/A	N/A
Gross Profit	$121.2M	$141.6M-15.7%	$168.1M+35.1%	$124.4M+20.4%	$103.4M+47.2%	$70.3M-66.6%	$210.3M+5.9%	$198.5M+23.7%	$160.4M-34.8%	$245.9M+21.9%	$201.8M	N/A	N/A	N/A	N/A
SG&A Expenses	$65.0M	$66.3M-11.0%	$74.5M+8.1%	$68.9M+11.2%	$61.9M+39.9%	$44.3M-51.2%	$90.7M-32.1%	$133.5M+19.8%	$111.4M+10.2%	$101.1M+19.0%	$85.0M+37.7%	$61.7M+34.4%	$45.9M+31.0%	$35.0M-26.0%	$47.3M
Operating Income	$33.5M	$53.5M-36.4%	$84.2M+81.1%	$46.5M+87.7%	$24.8M+461.6%	$4.4M-95.0%	$88.8M+270.3%	$24.0M+756.2%	-$3.7M-103.6%	$102.4M+21.9%	$84.0M+180.9%	$29.9M+878.6%	-$3.8M-111.7%	$32.8M+11.5%	$29.4M
EBITDA	N/A	$75.4M-19.5%	$93.6M+68.5%	$55.6M+34.0%	$41.5M+59.6%	$26.0M-78.3%	$119.6M+84.0%	$65.0M+36.0%	$47.8M-67.1%	$145.1M+9.5%	$132.5M+139.7%	$55.3M+200.8%	$18.4M-62.5%	$49.0M-6.1%	$52.2M
Interest Expense	$8.2M	$7.5M+8.3%	$6.9M-25.6%	$9.3M+29.6%	$7.2M+46.2%	$4.9M-6.5%	$5.3M-38.9%	$8.6M-8.4%	$9.4M-15.5%	$11.1M+25.7%	$8.9M+288.6%	$2.3M+44.5%	$1.6M-7.9%	$1.7M-49.0%	$3.4M
Income Tax	$6.4M	$10.5M-35.3%	$16.3M+45.9%	$11.1M+71.9%	$6.5M+23.1%	$5.3M-70.5%	$17.9M+146.4%	$7.3M+249.4%	$2.1M-94.6%	$38.8M+271.8%	$10.4M+428.2%	$2.0M+321.5%	-$891K-1691.1%	$56K+21.7%	$46K
Net Income	$12.4M	$19.1M-32.2%	$28.3M+88.7%	$15.0M+97.6%	$7.6M+103.0%	$3.7M-86.3%	$27.3M+223.2%	$8.4M+812.5%	-$1.2M-106.2%	$19.2M+33.2%	$14.4M+273.7%	$3.9M+7257.4%	-$54K-100.2%	$31.4M+20.4%	$26.1M
EPS (Basic)	N/A	$2.70-50.7%	$5.48+302.9%	$1.36+1006.7%	-$0.15+88.9%	-$1.35-119.8%	$6.83+22666.7%	$0.03+104.3%	-$0.69-156.1%	$1.23-3.1%	$1.27+101.6%	$0.63+3250.0%	-$0.02	N/A	N/A
EPS (Diluted)	$0.95	$2.70-50.7%	$5.48	$1.36+1006.7%	-$0.15+88.9%	-$1.35-120.0%	$6.75	$0.02	-$0.69	$1.21+9.0%	$1.11	$0.53	-$0.02	N/A	N/A
Diluted Shares (Avg)	N/A	4M+13.5%	3M	3M+1.7%	3M+4.3%	3M+2.8%	3M	15M	13M	13M+5.2%	13M	7M	3M	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$159.0M+11.8%	$127.8M+22.5%	$103.3M+10.2%	$90.0M+3.8%	$142.3M+24.7%	$104.3M+2.6%	$93.8M-14.9%	$86.7M-5.1%
Cost of Revenue	$132.6M+39.0%	$83.9M+67.1%	$79.5M+15.8%	$63.1M+46.6%	$95.4M+38.3%	$50.2M-34.2%	$68.6M-3.4%	$43.0M-6.4%
Gross Profit	$26.4M-43.6%	$43.9M-18.8%	$23.9M-5.1%	$27.0M-38.3%	$46.9M+3.9%	$54.1M+113.3%	$25.2M-35.8%	$43.7M-3.9%
SG&A Expenses	$15.7M-7.5%	$18.6M+0.1%	$15.0M-14.8%	$15.6M-25.1%	$17.0M-2.0%	$18.6M+4.5%	$17.7M+3.0%	$20.9M+24.8%
Operating Income	$4.8M-80.6%	$19.4M-41.0%	$3.3M-35.0%	$6.1M-70.7%	$24.8M-3.4%	$32.8M+484.4%	$5.0M-75.3%	$20.6M-22.9%
EBITDA	$10.7M-64.2%	$25.3M-28.7%	$8.8M+17.7%	$11.3M-50.3%	$29.9M+7.6%	$35.5M+369.0%	$7.5M-66.0%	$22.8M-20.6%
Interest Expense	$2.5M+38.6%	$2.1M+28.9%	$2.1M+25.5%	$1.5M-11.7%	$1.8M-5.8%	$1.6M-18.0%	$1.7M-25.3%	$1.7M-28.8%
Income Tax	$454K-90.1%	$3.8M-43.0%	$784K-53.7%	$1.4M-57.0%	$4.6M-3.3%	$6.6M+45.4%	$1.7M-49.5%	$3.2M-38.8%
Net Income	$2.1M-76.7%	$6.9M-30.9%	$757K-64.6%	$2.7M-64.1%	$8.8M+2.7%	$9.9M+3036.7%	$2.1M-71.6%	$7.6M-4.5%
EPS (Basic)	$0.12-93.4%	$1.28-45.8%	-$0.41-141.2%	$0.09-94.0%	$1.83+1.1%	$2.36+345.8%	-$0.17-111.4%	$1.51-9.6%
EPS (Diluted)	-$0.01-100.5%	$1.28-45.8%	-$0.41-141.2%	$0.09	$1.83+1.1%	$2.36	-$0.17-111.6%	$1.51-9.6%
Diluted Shares (Avg)	7M+107.3%	N/A	4M+14.1%	4M	4M+9.3%	N/A	3M-54.1%	3M+1.7%

Not reported in any period shown, so not listed: R&D Expenses.

VIASP Balance Sheet

VIASP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$331.3M-4.0%	$344.9M+13.5%	$303.8M-8.2%	$330.9M-6.4%	$353.8M-3.0%	$364.8M-13.8%	$423.0M-13.5%	$488.7M-3.0%	$503.7M+37.0%	$367.7M+126.7%	$162.2M+17.2%	$138.4M+26.9%	$109.1M	N/A
Current Assets	$196.2M-3.7%	$203.8M+28.2%	$159.0M-11.2%	$178.9M-9.0%	$196.7M-4.0%	$204.9M-13.2%	$236.1M-19.1%	$292.0M-1.6%	$296.7M+49.9%	$198.0M+92.8%	$102.7M-3.1%	$106.0M+4.6%	$101.3M	N/A
Cash & Equivalents	$41.8M-21.4%	$53.1M+24.8%	$42.6M+26.6%	$33.7M-51.1%	$68.9M-3.9%	$71.7M+26.5%	$56.7M+38.2%	$41.0M+39.4%	$29.4M+55.2%	$19.0M+323.8%	$4.5M+2.6%	$4.4M-39.4%	$7.2M+9.6%	$6.6M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.9M+37.0%	$2.1M-31.6%	$3.1M-29.1%	$4.4M+122.3%	$2.0M+32.5%	$1.5M-49.4%	$3.0M-23.8%	$3.9M-13.2%	$4.5M+19.1%	$3.8M+2.4%	$3.7M-54.4%	$8.0M+85.8%	$4.3M	N/A
Accounts Receivable	$85.9M+31.2%	$65.4M+3.5%	$63.2M-22.4%	$81.5M+22.2%	$66.7M-5.2%	$70.3M-38.1%	$113.6M-24.7%	$150.9M-5.0%	$158.8M+41.2%	$112.5M+87.7%	$59.9M-6.1%	$63.8M+1.8%	$62.7M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M+0.2%	$120.2M+51.8%	$79.1M+330.6%	$18.4M	$0	$0	N/A
Total Liabilities	$263.6M-5.2%	$278.2M+8.2%	$257.2M-10.8%	$288.4M-4.5%	$302.0M0.0%	$301.9M-18.8%	$371.7M-16.1%	$442.9M-0.7%	$446.2M+77.4%	$251.5M+95.1%	$128.9M+12.8%	$114.3M+56.2%	$73.2M	N/A
Current Liabilities	$77.1M+3.2%	$74.7M-6.6%	$80.0M-13.2%	$92.2M+11.3%	$82.8M-8.7%	$90.7M-36.1%	$142.0M0.0%	$142.0M-6.0%	$151.0M-17.9%	$184.1M+118.6%	$84.2M-9.3%	$92.8M+26.9%	$73.1M	N/A
Non-Current Liabilities	$186.5M-8.4%	$203.5M+14.8%	$177.2M-9.7%	$196.2M-10.5%	$219.3M+3.8%	$211.3M-8.1%	$229.8M-23.7%	$301.0M+2.0%	$295.2M+337.7%	$67.4M+50.8%	$44.7M+108.4%	$21.5M+119144.4%	$18K	N/A
Long-Term Debt	$120.0M+13.2%	$106.0M+9.3%	$97.0M-19.2%	$120.0M-11.1%	$135.0M+35.0%	$100.0M-18.7%	$123.0M-11.8%	$139.5M+11.8%	$124.8M+2396.0%	$5.0M-76.1%	$20.9M	$0	N/A	N/A
Total Equity	$67.7M+1.4%	$66.7M+43.2%	$46.6M+9.5%	$42.6M-17.7%	$51.7M-17.7%	$62.9M+22.8%	$51.2M+11.8%	$45.8M-20.4%	$57.5M+30.0%	$44.2M+562.2%	$6.7M-22.8%	$8.7M-75.9%	$35.9M-41.4%	$61.3M
Retained Earnings	$27.1M+0.5%	$27.0M+200.7%	$9.0M+332.8%	$2.1M+1098.3%	$173K-98.2%	$9.7M+807.3%	$1.1M-17.8%	$1.3M-88.5%	$11.4M+142.0%	$4.7M+444.9%	-$1.4M-76.3%	-$775K	$0	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$323.0M-7.0%	$331.3M-4.0%	$304.8M+2.1%	$316.3M+5.6%	$347.4M+14.8%	$344.9M+13.5%	$298.4M+0.5%	$299.7M+1.7%
Current Assets	$189.2M-8.6%	$196.2M-3.7%	$167.6M+7.6%	$178.1M+13.9%	$207.1M+30.0%	$203.8M+28.2%	$155.7M+3.7%	$156.4M+7.6%
Cash & Equivalents	$50.6M-21.8%	$41.8M-21.4%	$53.6M-19.4%	$62.1M+16.0%	$64.7M+28.4%	$53.1M+24.8%	$66.6M+47.5%	$53.6M+13.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$753K+0.4%	$2.9M+37.0%	$3.6M+24.2%	$1.8M-10.5%	$750K-45.0%	$2.1M-31.6%	$2.9M-4.3%	$2.0M+4.8%
Accounts Receivable	$74.2M+5.3%	$85.9M+31.2%	$45.5M+11.1%	$48.0M-2.3%	$70.4M+26.1%	$65.4M+3.5%	$41.0M	$49.1M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%	$120.3M0.0%
Total Liabilities	$198.6M-27.7%	$263.6M-5.2%	$241.1M+0.4%	$248.1M+2.8%	$274.7M+10.1%	$278.2M+8.2%	$240.2M-3.2%	$241.4M-4.0%
Current Liabilities	$67.9M-4.2%	$77.1M+3.2%	$55.8M-1.0%	$56.1M+6.0%	$70.9M+4.2%	$74.7M-6.6%	$56.4M-7.2%	$52.9M-18.4%
Non-Current Liabilities	$130.7M-35.8%	$186.5M-8.4%	$185.3M+0.8%	$192.0M+1.9%	$203.8M+12.3%	$203.5M+14.8%	$183.8M-1.9%	$188.5M+1.1%
Long-Term Debt	$130.0M+28.7%	$120.0M+13.2%	$105.0M+18.0%	$100.0M+7.5%	$101.0M+11.0%	$106.0M+9.3%	$89.0M-15.2%	$93.0M-15.5%
Total Equity	$66.3M-8.8%	$67.7M+1.4%	$63.7M+9.4%	$68.2M+17.1%	$72.7M+36.7%	$66.7M+43.2%	$58.2M+19.1%	$58.3M+34.2%
Retained Earnings	$25.5M-23.8%	$27.1M+0.5%	$25.9M+35.4%	$30.6M+55.0%	$33.5M+125.6%	$27.0M+200.7%	$19.2M+59.3%	$19.7M+173.1%

VIASP Cash Flow Statement

VIASP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$26.5M	$42.1M-16.6%	$50.5M+2.4%	$49.3M+204.3%	$16.2M+27.6%	$12.7M-86.2%	$91.8M+0.1%	$91.7M+53.5%	$59.8M-3.8%	$62.1M-7.2%	$67.0M+45.8%	$45.9M+681.9%	$5.9M-86.8%	$44.5M+0.9%	$44.1M
Depreciation & Amortization	N/A	$21.8M+131.0%	$9.4M+3.8%	$9.1M-45.5%	$16.7M-22.6%	$21.6M-29.9%	$30.8M-25.0%	$41.0M-20.3%	$51.4M+20.6%	$42.7M-12.1%	$48.5M+91.2%	$25.4M+14.2%	$22.2M+37.0%	$16.2M-28.9%	$22.8M
Stock-Based Compensation	N/A	$0-100.0%	$2.4M+5.1%	$2.3M-29.4%	$3.3M-5.7%	$3.4M+37.8%	$2.5M-54.4%	$5.5M-6.7%	$5.9M+16.2%	$5.1M-3.5%	$5.2M+64.8%	$3.2M+270.7%	$858K	$0	$0
Capital Expenditures	$1.8M	$3.0M+88.0%	$1.6M+9.9%	$1.4M-33.3%	$2.2M-20.6%	$2.7M+26.0%	$2.2M+92.3%	$1.1M-21.6%	$1.4M-16.1%	$1.7M-24.5%	$2.3M+27.9%	$1.8M-41.9%	$3.0M+105.3%	$1.5M-33.3%	$2.2M
Free Cash Flow	$24.7M	$39.1M-20.0%	$48.9M+2.1%	$47.9M+240.7%	$14.1M+40.7%	$10.0M-88.9%	$89.7M-1.0%	$90.6M+55.3%	$58.3M-3.5%	$60.4M-6.6%	$64.7M+46.5%	$44.2M+1458.4%	$2.8M-93.4%	$43.0M+2.7%	$41.9M
Investing Cash Flow	-$3.8M	-$17.6M-271.9%	-$4.7M-229.4%	-$1.4M+79.1%	-$6.9M-5.5%	-$6.5M-202.2%	-$2.2M-254.1%	$1.4M+107.4%	-$19.0M+75.5%	-$77.6M-131.6%	-$33.5M+20.2%	-$41.9M-1279.7%	-$3.0M-105.3%	-$1.5M+9.9%	-$1.6M
Financing Cash Flow	-$39.8M	-$51.9M-186.8%	-$18.1M+55.5%	-$40.6M+17.6%	-$49.3M-1829.0%	-$2.6M+96.6%	-$75.7M+11.1%	-$85.1M-313.9%	-$20.6M-179.4%	$25.9M+236.4%	-$19.0M-389.9%	-$3.9M+31.6%	-$5.7M+86.6%	-$42.4M-6.2%	-$39.9M
Dividends Paid	$12.0M	$9.9M	$0-100.0%	$2.9M-74.9%	$11.5M+4.3%	$11.0M+4.0%	$10.6M+1.8%	$10.4M+6.1%	$9.8M+2.8%	$9.5M	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	$0	$0-100.0%	$395K	$0	$0-100.0%	$2.0M	$0	N/A	N/A	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	$9.4M-62.4%	-$4.2M-307.1%	$2.4M-88.3%	$19.0M+69.2%	$24.9M+45.9%	$2.0M-76.0%	$20.1M+226.6%	$11.2M-48.1%
Depreciation & Amortization	$5.9M+16.8%	$5.9M+120.1%	$5.6M+122.9%	$5.3M+139.4%	$5.0M+146.5%	$2.7M+37.7%	$2.5M+37.8%	$2.2M+10.8%
Stock-Based Compensation	N/A	N/A	N/A	N/A	$0-100.0%	N/A	N/A	N/A
Capital Expenditures	$245K-82.7%	$558K+22.1%	$418K+7.2%	$574K+105.0%	$1.4M+214.4%	$457K+57.0%	$390K+5.7%	$280K-30.2%
Free Cash Flow	$9.1M-61.1%	-$4.8M-402.5%	$1.9M-90.2%	$18.4M+68.3%	$23.5M+41.4%	$1.6M-80.7%	$19.7M+240.7%	$10.9M-48.4%
Investing Cash Flow	-$245K+98.3%	-$1.2M+34.4%	-$1.5M+34.1%	-$947K-238.2%	-$14.0M-3012.2%	-$1.8M-511.7%	-$2.2M-500.8%	-$280K+30.2%
Financing Cash Flow	-$1.4M+89.4%	-$7.8M-365.9%	-$11.7M-74.8%	-$18.8M-243.2%	-$13.6M-53.9%	$2.9M+127.3%	-$6.7M+13.0%	-$5.5M+71.7%
Dividends Paid	$2.1M	$3.6M	$3.1M	$3.2M	$0	$0	$0	$0

Not reported in any period shown, so not listed: Share Buybacks.

VIASP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIASP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	30.6%-11.6pp	42.1%+13.5pp	28.6%+6.1pp	22.4%+4.6pp	17.9%-20.0pp	37.9%+13.5pp	24.4%+8.4pp	16.0%-14.9pp	30.8%-6.1pp	36.9%	N/A	N/A	N/A	N/A
Operating Margin	11.6%-9.5pp	21.1%+10.4pp	10.7%+5.3pp	5.4%+4.3pp	1.1%-14.9pp	16.0%+13.1pp	2.9%+3.3pp	-0.4%-13.2pp	12.8%-2.5pp	15.4%+7.0pp	8.3%+9.5pp	-1.2%-11.5pp	10.3%+2.6pp	7.8%
Net Margin	4.1%-2.9pp	7.1%+3.6pp	3.4%+1.8pp	1.7%+0.7pp	0.9%-4.0pp	4.9%+3.9pp	1.0%+1.2pp	-0.1%-2.5pp	2.4%-0.2pp	2.6%+1.6pp	1.1%+1.1pp	0.0%-9.9pp	9.9%+3.0pp	6.9%
Return on Equity	28.3%-14.1pp	42.3%+10.2pp	32.1%+14.3pp	17.8%+10.6pp	7.2%-36.2pp	43.4%+26.9pp	16.5%+19.1pp	-2.6%-36.0pp	33.5%+0.8pp	32.6%-25.2pp	57.8%+58.5pp	-0.6%-88.1pp	87.5%+44.9pp	42.6%
Return on Assets	5.8%-2.4pp	8.2%+3.3pp	4.9%+2.6pp	2.3%+1.2pp	1.1%-6.4pp	7.5%+5.5pp	2.0%+2.2pp	-0.2%-4.1pp	3.8%-0.1pp	3.9%+1.6pp	2.4%+2.4pp	0.0%-28.8pp	28.8%	N/A
Current Ratio	2.55-0.2x	2.73+0.7x	1.990.0x	1.94-0.4x	2.38+0.1x	2.26+0.6x	1.66-0.4x	2.06+0.1x	1.96+0.9x	1.08-0.1x	1.22+0.1x	1.14-0.2x	1.38	N/A
Debt-to-Equity	1.77+0.2x	1.59-0.5x	2.08-0.7x	2.82+0.2x	2.61+1.0x	1.59-0.8x	2.40-0.6x	3.05+0.9x	2.17+2.1x	0.11-3.0x	3.13+3.1x	0.00-2.0x	2.04	N/A
Asset Turnover	1.40+0.2x	1.16-0.3x	1.430.0x	1.39+0.3x	1.11-0.4x	1.52-0.4x	1.92-0.1x	2.06+0.5x	1.58+0.1x	1.49-0.7x	2.21-0.1x	2.33-0.6x	2.91	N/A
FCF Margin	8.4%-3.8pp	12.3%+1.3pp	11.0%+8.0pp	3.0%+0.5pp	2.5%-13.6pp	16.2%+5.0pp	11.1%+5.3pp	5.8%-1.8pp	7.6%-4.3pp	11.8%-0.5pp	12.3%+11.5pp	0.9%-12.7pp	13.6%+2.5pp	11.0%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	16.6%-16.3pp	34.4%-17.5pp	23.1%-3.7pp	30.0%-20.4pp	32.9%-6.6pp	51.9%+26.9pp	26.8%-8.7pp	50.4%+0.7pp
Operating Margin	3.0%-14.4pp	15.2%-16.3pp	3.1%-2.2pp	6.7%-17.1pp	17.5%-5.1pp	31.5%+25.9pp	5.3%-13.0pp	23.8%-5.5pp
Net Margin	1.3%-4.9pp	5.4%-4.2pp	0.7%-1.6pp	3.0%-5.8pp	6.2%-1.3pp	9.5%+9.8pp	2.3%-4.5pp	8.8%+0.1pp
Return on Equity	3.1%-9.0pp	10.1%-4.7pp	1.2%-2.5pp	4.0%-9.1pp	12.1%-4.0pp	14.9%+15.6pp	3.7%-11.7pp	13.1%-5.3pp
Return on Assets	0.6%-1.9pp	2.1%-0.8pp	0.3%-0.5pp	0.9%-1.7pp	2.5%-0.3pp	2.9%+3.0pp	0.7%-1.8pp	2.5%-0.2pp
Current Ratio	2.79-0.1x	2.55-0.2x	3.00+0.2x	3.18+0.2x	2.92+0.6x	2.73+0.7x	2.76+0.3x	2.95+0.7x
Debt-to-Equity	1.96+0.6x	1.77+0.2x	1.65+0.1x	1.47-0.1x	1.39-0.3x	1.59-0.5x	1.53-0.6x	1.60-0.9x
Asset Turnover	0.49+0.1x	0.39+0.1x	0.340.0x	0.280.0x	0.410.0x	0.300.0x	0.31-0.1x	0.290.0x
FCF Margin	5.8%-10.8pp	-3.7%-5.2pp	1.9%-19.2pp	20.5%+7.8pp	16.5%+1.9pp	1.5%-6.5pp	21.0%+15.8pp	12.6%-10.6pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock VIASP	FY2025	$463.5M	$19.1M	4.1%	N/A	67/100
Cadiz, Inc. CDZIP	FY2025	$16.3M	-$34.2M	N/A	N/A	46/100
Edison International EIX	FY2025	$19.3B	$4.5B	23.1%	$21.5B	63/100
Duke Energy Corporation DUK	FY2025	$31.7B	$5.0B	15.7%	$93.1B	51/100
American Electric Power Company, Inc. AEP	FY2025	$21.9B	$3.7B	16.9%	$67.1B	55/100
Xcel Energy, Inc. XEL	FY2025	N/A	$2.0B	N/A	$47.2B	—

Where Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock Ranks

Frequently Asked Questions

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's annual revenue?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) reported $463.5M in total revenue for fiscal year 2025. This represents a 16.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's revenue growing?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) revenue grew by 16.2% year-over-year, from $398.9M to $463.5M in fiscal year 2025.

Is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock profitable?

Yes, Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) reported a net income of $19.1M in fiscal year 2025, with a net profit margin of 4.1%.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's earnings per share (EPS)?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) reported diluted earnings per share of $2.70 for fiscal year 2025. This represents a -50.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's EBITDA?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had EBITDA of $75.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock have?

As of fiscal year 2025, Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had $41.8M in cash and equivalents against $120.0M in long-term debt.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's gross margin?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had a gross margin of 30.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's operating margin?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had an operating margin of 11.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's net profit margin?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had a net profit margin of 4.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's return on equity (ROE)?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) has a return on equity of 28.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's free cash flow?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) generated $39.1M in free cash flow during fiscal year 2025. This represents a -20.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's operating cash flow?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) generated $42.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's total assets?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had $331.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's capital expenditures?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) invested $3.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's current ratio?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had a current ratio of 2.55 as of fiscal year 2025, which is generally considered healthy.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's debt-to-equity ratio?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had a debt-to-equity ratio of 1.77 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's return on assets (ROA)?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) had a return on assets of 5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's Piotroski F-Score?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock's earnings high quality?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) has an earnings quality ratio of 2.20x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock cover its interest payments?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) has an interest coverage ratio of 7.12x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock?

Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) scores 67 out of 100 on our Financial Health Score, indicating strong standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.