Via Renewables (VIASP) Gross Margin (2017 - 2026)
Via Renewables (VIASP) reported Gross Margin of 16.61% for Q1 2026, down 16.34 percentage points from 32.94% a year earlier and down 17.76 percentage points from the prior quarter.
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Analysis
Via Renewables (VIASP) Gross Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Via Renewables' Gross Margin came in at 25.24%, down 14.53 percentage points year-over-year; for FY2025, it came in at 30.56%, down 11.58 percentage points from FY2024.
- Gross Margin has a five-year change of -7.41 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 42.14% in FY2024 (+13.54 pp), 28.60% in FY2023 (+6.14 pp), 22.45% in FY2022 (+4.60 pp) and 17.86% in FY2021 (-20.12 pp).
- The Q1 2026 figure ranks as the lowest quarterly Gross Margin since Q1 2023.
- Year over year, Gross Margin has now declined in each of the last five quarters, with an average year-over-year change of -5.72 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 54.32 percentage points); the low point was Q4 2021 (a drop of 62.01 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at 34.37% (Q4 2025), 23.10% (Q3 2025) and 29.96% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 111.70 Bn | 91.91 Bn | 5.47 Bn | 12.30% |
| 2 | Marathon Petroleum | 111.10 Bn | 101.50 Bn | 9.27 Bn | 17.72% |
| 3 | HF Sinclair | 19.09 Bn | 13.31 Bn | 1.57 Bn | 15.14% |
| 4 | Sunoco | 9.98 Bn | 4.36 Bn | 1.46 Bn | 10.27% |
| 5 | PBF Energy | 9.19 Bn | 6.88 Bn | 1.15 Bn | 9.82% |
| 6 | Ultrapar Holdings | 7.82 Bn | 1.60 Bn | 912.61 Mn | - |
| 7 | Cvr Energy | 5.13 Bn | 2.92 Bn | 117.00 Mn | 4.27% |
| 8 | Icahn Enterprises | 4.80 Bn | -958.32 Mn | - | - |
| 9 | Delek US Holdings | 4.37 Bn | 2.10 Bn | 365.10 Mn | 8.93% |
| 10 | Via Renewables | 241.28 Mn | 84.09 Mn | 26.41 Mn | 16.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 16.61% |
| Dec 31, 2025 | 34.37% |
| Sep 30, 2025 | 23.10% |
| Jun 30, 2025 | 29.96% |
| Mar 31, 2025 | 32.94% |
| Dec 31, 2024 | 51.87% |
| Sep 30, 2024 | 26.83% |
| Jun 30, 2024 | 50.40% |
| Mar 31, 2024 | 39.54% |
| Dec 31, 2023 | 24.95% |
| Sep 30, 2023 | 35.55% |
| Jun 30, 2023 | 49.75% |
| Mar 31, 2023 | 10.93% |
| Dec 31, 2022 | -6.04% |
| Sep 30, 2022 | 14.01% |
| Jun 30, 2022 | 36.45% |
| Mar 31, 2022 | 46.35% |
| Dec 31, 2021 | -24.87% |
| Sep 30, 2021 | 58.99% |
| Jun 30, 2021 | 56.05% |
API Access
Via Renewables Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VIASP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VIASP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VIASP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();