Via Renewables (VIASP) Operating Expenses (2013 - 2026)
Via Renewables' Operating Expenses came in at $154.21 million for Q1 2026, up 31.3% from $117.41 million a year earlier and up 42.2% from the prior quarter.
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Analysis
Via Renewables (VIASP) Operating Expenses (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Via Renewables reported Operating Expenses of $446.72 million, up 29.9% year-over-year; for FY2025, it was $409.92 million, up 30.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of -2.5% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $314.69 million in FY2024 (-19.0%), $388.72 million in FY2023 (-10.8%), $435.73 million in FY2022 (+12.0%) and $389.08 million in FY2021 (-16.5%).
- The Q1 2026 figure represents the highest quarterly Operating Expenses since Q4 2019.
- Year-over-year, Operating Expenses has increased for five consecutive quarters, with growth averaging 16.4% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2022 (growth of 121.2%), and the weakest in Q3 2021 (a decline of 50.6%).
- Business Quant data shows VIASP's Operating Expenses at $108.45 million (Q4 2025), $100.08 million (Q3 2025) and $83.98 million (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 111.70 Bn | 91.91 Bn | 5.47 Bn | 266.00 Mn |
| 2 | Marathon Petroleum | 111.10 Bn | 101.50 Bn | 9.27 Bn | 45.02 Bn |
| 3 | HF Sinclair | 19.09 Bn | 13.31 Bn | 1.57 Bn | 9.22 Bn |
| 4 | Sunoco | 9.98 Bn | 4.36 Bn | 1.46 Bn | 13.68 Bn |
| 5 | PBF Energy | 9.19 Bn | 6.88 Bn | 1.15 Bn | 10.41 Bn |
| 6 | Ultrapar Holdings | 7.82 Bn | 1.60 Bn | 912.61 Mn | -124.47 Mn |
| 7 | Cvr Energy | 5.13 Bn | 2.92 Bn | 117.00 Mn | 52.00 Mn |
| 8 | Icahn Enterprises | 4.80 Bn | -958.32 Mn | - | 3.36 Bn |
| 9 | Delek US Holdings | 4.37 Bn | 2.10 Bn | 365.10 Mn | 3.78 Bn |
| 10 | Via Renewables | 241.28 Mn | 84.09 Mn | 26.41 Mn | 154.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 154.21 Mn |
| Dec 31, 2025 | 108.45 Mn |
| Sep 30, 2025 | 100.08 Mn |
| Jun 30, 2025 | 83.98 Mn |
| Mar 31, 2025 | 117.41 Mn |
| Dec 31, 2024 | 71.51 Mn |
| Sep 30, 2024 | 88.77 Mn |
| Jun 30, 2024 | 66.07 Mn |
| Mar 31, 2024 | 88.34 Mn |
| Dec 31, 2023 | 96.08 Mn |
| Sep 30, 2023 | 90.00 Mn |
| Jun 30, 2023 | 64.63 Mn |
| Mar 31, 2023 | 138.00 Mn |
| Dec 31, 2022 | 144.90 Mn |
| Sep 30, 2022 | 121.78 Mn |
| Jun 30, 2022 | 80.22 Mn |
| Mar 31, 2022 | 88.83 Mn |
| Dec 31, 2021 | 140.88 Mn |
| Sep 30, 2021 | 55.07 Mn |
| Jun 30, 2021 | 52.25 Mn |
API Access
Via Renewables Operating Expenses 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=operating-expenses&ticker=VIASP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=VIASP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();