Via Renewables (VIASP) Gross Margin (2013 - 2026)
Via Renewables (VIASP) posted Gross Margin of 16.61% for Q1 2026, down 51.67% sequentially from 34.37% in Q4 2025, and down 1634.0% YoY from 1.08% in Q1 2025.
Via Renewables (VIASP) Gross Margin (2013 - 2026) Analysis & Trends
Via Renewables has reported Gross Margin for 14 years, with the latest figure at 16.61% in Q1 2026.
- Quarterly Gross Margin fell 1634.0% year-over-year to 16.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.24% (down 1453.0% YoY) and the FY2025 annual result came in at 30.56%, down 1158.0% from the prior year.
- Gross Margin declined to 16.61% in Q1 2026 per VIASP's latest filing, from 34.37% in the prior quarter.
- Over five years, Gross Margin peaked at 51.87% in Q4 2024 and troughed at 6.04% in Q4 2022.
- A 5-year average of 30.42% and a median of 32.94% in 2025 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 5394 bps in 2022, down 4499 bps in 2022.
- Over 5 years, Gross Margin stood at 6.04% in 2022, then soared by 513 bps to 24.95% in 2023, then soared by 108 bps to 51.87% in 2024, then tumbled by 34 bps to 34.37% in 2025, then tumbled by 52 bps to 16.61% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 16.61%, 34.37%, and 23.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 78.04% |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 99.94% |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 70.07% |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 75.47% |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 75.42% |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 68.33% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Via Renewables | 241.28 Mn | 237.66 Mn | 26.41 Mn | 16.61% |
Historic Data
Download 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 | 45.97% |
| Dec 31, 2021 | -24.20% |
| Sep 30, 2021 | 58.99% |
| Jun 30, 2021 | 55.99% |