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% | 6.7% |
| 2024 | $338M | $-75M | $-90M | $-74M | 9.1% | 35.7% | -22.6% |
| 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 |
| Operating 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 |
| Research And Development | 95.83 | 88.99 | 92.35 |
| Selling General And Administration | 118.03 | 125.75 | 156.06 |
| Total Expenses | 363.31 | 421.53 | 510.95 |
| Operating Income | -114.46 | -83.90 | -76.62 |
| Total Operating Income As Reported | -114.46 | -83.90 | -76.62 |
| EBITDA | -106.48 | -75.24 | -77.97 |
| Normalized EBITDA | -103.21 | -72.56 | -62.94 |
| EBIT | -114.50 | -84.37 | -86.50 |
| Interest Income | 3.60 | 2.19 | 5.27 |
| Interest Expense | 0.65 | 4.29 | 7.34 |
| Net Interest Income | 2.95 | -2.10 | -2.07 |
| Other Non Operating Income Expenses | -0.37 | 0.02 | -0.12 |
| Other Income Expense | -3.64 | -2.67 | -15.15 |
| Interest Income Non Operating | 3.60 | 2.19 | 5.27 |
| Interest Expense Non Operating | 0.65 | 4.29 | 7.34 |
| Net Non Operating Interest Income Expense | 2.95 | -2.10 | -2.07 |
| Pretax Income | -115.15 | -88.66 | -93.84 |
| Tax Provision | 1.82 | 1.89 | 2.52 |
| Tax Rate For Calcs | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | -0.69 | -0.56 | -3.16 |
| Net Income Continuous Operations | -116.96 | -90.55 | -96.36 |
| Net Income From Continuing And Discontinued Operation | -116.69 | -90.28 | -96.36 |
| Net Income From Continuing Operation Net Minority Interest | -116.69 | -90.28 | -96.36 |
| Net Income | -116.69 | -90.28 | -96.36 |
| Net Income Common Stockholders | -116.69 | -90.28 | -96.36 |
| Net Income Including Noncontrolling Interests | -116.96 | -90.55 | -96.36 |
| Normalized Income | -114.11 | -88.16 | -84.49 |
| Diluted NI Availto Com Stockholders | -116.69 | -90.28 | -96.36 |
| Basic Average Shares | 72.07 | 72.07 | 32.95 |
| Diluted Average Shares | 72.07 | 72.07 | 32.95 |
| Reconciled Depreciation | 8.02 | 9.13 | 8.53 |
| Reconciled Cost Of Revenue | 149.45 | 206.79 | 262.54 |
| Total Unusual Items | -3.27 | -2.69 | -15.03 |
| Total Unusual Items Excluding Goodwill | -3.27 | -2.69 | -15.03 |
| Minority Interests | 0.28 | 0.27 | 0 |
| Special Income Charges | 0 | 1.86 | -8.47 |
| Other Special Charges | - | -1.86 | 8.47 |
| Gain On Sale Of Security | -3.27 | -4.54 | -6.56 |
| General And Administrative Expense | 64.23 | 70.26 | 88.64 |
| Other Gand A | 64.23 | 70.26 | 88.64 |
| Selling And Marketing Expense | 53.80 | 55.48 | 67.42 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| VIAthis co. | VIA | $1.3B | -13.50 | 2.07 | -15.4% | -12.17 |
| Array Technologies, Inc. | ARRY | $1.4B | - | 5.37 | -43.0% | 42.29 |
| Rackspace Technology, Inc. | RXT | $1.4B | -6.17 | -1.14 | 18.5% | 18.61 |
| CEVA, Inc. | CEVA | $1.4B | -129.84 | 4.11 | -3.2% | -191.72 |
| Progress Software Corporation | PRGS | $1.3B | 18.15 | 2.78 | 15.3% |
| 8.75 |
| Blackbaud, Inc. | BLKB | $1.3B | 11.33 | 15.32 | 135.2% | 8.32 |
| Pagaya Technologies Ltd. | PGY | $1.3B | 15.74 | 2.67 | 17.0% | 7.50 |
| Sprinklr, Inc. | CXM | $1.3B | 54.96 | 2.12 | 3.9% | 15.02 |
| GigaCloud Technology Inc. | GCT | $1.2B | 8.83 | 2.50 | 28.3% | 7.68 |
| Peer Median | - | 11.33 | 2.72 | 16.1% | 8.53 | |