Via Transportation, Inc. provides a platform that transforms global transportation systems into digital networks in the United States, Germany, and internationally. The company's Via platform designed to address workflows for the end-to-end management of transit networks, including planning and scheduling, operating software, tech-enabled services, passenger tools, and data and insights. It offers technology-enabled services, including driver management, fleet management, autonomous vehicles, and customer support services. In addition, the company's end to end hosted platform allows for the integration of multiple transportation modes into a single unified network. It offers solutions in the areas of end-to-end transit networks, transit planning and scheduling, microtransit, paratransit, school bus transportation, and integrated trip planning. The company serves cities, transit agencies, transport operators, school districts and departments of education, universities, corporations, healthcare providers and payers, riders, and drivers. Via Transportation, Inc. was incorporated in 2012 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $434M | $-78M | $-96M | $-37M | -15.4% | 28.6% | - |
| 2024 | $338M | $-75M | $-90M | $-74M | 9.1% | 35.7% | - |
| 2023 | $249M | $-106M | $-117M | $-97M | 12.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Revenue | 248.85 | 337.63 | 434.34 |
| Cost Of Revenue | 149.45 | 206.79 | 262.54 |
| Gross Profit | 99.41 | 130.84 | 171.80 |
| Operating Expense | 213.86 | 214.74 | 248.42 |
| Operating Income | -114.45 | -83.90 | -76.62 |
| EBITDA | -106.48 | -75.25 | -77.97 |
| EBIT | -114.50 | -84.37 | -86.50 |
| Pretax Income | -115.15 | -88.66 | -93.84 |
| Tax Provision | 1.81 | 1.89 | 2.52 |
| Net Income | -116.69 | -90.28 | -96.36 |
| Net Income Common Stockholders | -116.69 | -90.28 | -96.36 |
| Total Expenses | 363.31 | 421.53 | 510.95 |
| Interest Expense | 0.65 | 4.29 | 7.34 |
| Interest Income | 3.60 | 2.19 | 5.27 |
| Research And Development | 95.83 | 88.99 | 92.35 |
| Selling General And Administration | 118.03 | 125.75 | 156.06 |
| Normalized EBITDA | -103.21 | -72.56 | -62.94 |
| Normalized Income | -114.11 | -88.16 | -84.49 |
| Basic EPS | -1.62 | -1.25 | -2.92 |
| Diluted EPS | -1.62 | -1.25 | -2.92 |
| Tax Effect Of Unusual Items | -0.69 | -0.56 | -3.16 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.21 |
| Total Unusual Items | -3.27 | -2.69 | -15.03 |
| Total Unusual Items Excluding Goodwill | -3.27 | -2.69 | -15.03 |
| Net Income From Continuing Operation Net Minority Interest | -116.69 | -90.28 | -96.36 |
| Reconciled Depreciation | 8.02 | 9.13 | 8.53 |
| Reconciled Cost Of Revenue | 149.45 | 206.79 | 262.54 |
| Net Interest Income | 2.95 | -2.10 | -2.07 |
| Net Income From Continuing And Discontinued Operation | -116.69 | -90.28 | -96.36 |
| Total Operating Income As Reported | -114.45 | -83.90 | -76.62 |
| Diluted Average Shares | 72.07 | 72.07 | 32.95 |
| Basic Average Shares | 72.07 | 72.07 | 32.95 |
| Diluted NI Availto Com Stockholders | -116.69 | -90.28 | -96.36 |
| Minority Interests | 0.28 | 0.27 | 0 |
| Net Income Including Noncontrolling Interests | -116.96 | -90.55 | -96.36 |
| Net Income Continuous Operations | -116.96 | -90.55 | -96.36 |
| Other Income Expense | -3.64 | -2.67 | -15.15 |
| Other Non Operating Income Expenses | -0.37 | 0.02 | -0.12 |
| Special Income Charges | 0 | 1.86 | -8.47 |
| Other Special Charges | 0 | -1.86 | 8.47 |
| Gain On Sale Of Security | -3.27 | -4.54 | -6.56 |
| Net Non Operating Interest Income Expense | 2.95 | -2.10 | -2.07 |
| Interest Expense Non Operating | 0.65 | 4.29 | 7.34 |
| Interest Income Non Operating | 3.60 | 2.19 | 5.27 |
| Selling And Marketing Expense | 53.80 | 55.48 | 67.42 |
| General And Administrative Expense | 64.23 | 70.27 | 88.64 |
| Other Gand A | 64.23 | 70.27 | 88.64 |
| Operating Revenue | 248.85 | 337.63 | 434.34 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| VIAthis co. | VIA | $1.3B | - | 1.99 | -15.4% | -13.23 |
| Donnelley Financial Solutions, Inc. | DFIN | $1.4B | 44.46 | 3.80 | 8.5% | 12.94 |
| ADTRAN Holdings, Inc. | ADTN | $1.4B | - | 9.20 | -8.8% | 24.29 |
| Five9, Inc. | FIVN | $1.3B | 37.89 | 1.67 | 5.0% | 13.22 |
| Innodata Inc. | INOD | $1.3B | 43.42 | 12.06 | 30.1% |
| 28.64 |
| C3.ai, Inc. | AI | $1.3B | - | 1.78 | -34.4% | -1.60 |
| Sprinklr, Inc. | CXM | $1.3B | 54.54 | 2.11 | 3.9% | 14.89 |
| Allient Inc. | ALNT | $1.3B | 56.00 | 4.15 | - | 19.25 |
| Arteris, Inc. | AIP | $1.2B | - | -81.66 | 237.5% | -39.66 |
| Peer Median | - | 44.46 | 2.95 | 5.0% | 14.05 | |