Via Transportation VIA

Software - Infrastructure, Technology

$36.75

+2.91%

Market cap: $3B
PE: n/m; a loss over the last year
Forward PE: n/m; not a meaningful number
Price to sales: 6.1×
EV/EBIT: n/m; a loss over the last year
Revenue, 12 months: $491.7M; +29% on a year ago
Net margin: −20.0%
Free cash flow yield: −1.4%

Via Transportation trades at 6.1× sales. Its trailing earnings are negative, so it has no PE. Revenue was $491.7M over the last twelve months, up 29% on a year earlier with a −20% net margin.

Charts

Financials

Income statement for VIA, by quarter
Income statement	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$83.3M	$91.7M	$98.6M	$107.1M	$109.7M+32%	$118.9M+30%	$127.4M+29%	$135.7M+27%
Cost of revenue	$51.3M	$54.7M	$58.8M	$65.2M	$66.6M+30%	$72M+32%	$77.4M+32%	$80.1M+23%
Gross profit	$32M	$37M	$39.8M	$42M	$43.1M+35%	$47M+27%	$50.1M+26%	$55.6M+33%
R&D	$22.2M	$21.4M	$21.3M	$22.7M	$23.1M+4%	$25.1M+18%	$24.5M+15%	$26.1M+15%
SG&A	$30.6M	$32.5M	$35.7M	$35.3M	$38.8M+27%	$46.2M+42%	$49.1M+38%	$51.3M+45%
	−$20.7M	−$16.9M	−$17.2M	−$16.1M	−$18.9M−9%	−$24.4M+45%	−$23.6M+37%	−$21.8M+35%
Interest expense	$945K	$1.9M	$2.4M	$2.4M	$2.1M+127%	$371K−80%	$229K−91%	$282K−88%
Pre-tax income	−$20.9M	−$18.6M	−$15.5M	−$20.3M	−$36.4M+74%	−$21.5M+16%	−$19.6M+26%	−$19.4M−5%
	$399K	$309K	$772K	$872K	$490K+23%	$387K+25%	$557K−28%	$165K−81%
Net income	−$21.3M	−$18.8M	−$16.3M	−$21.2M	−$36.9M+73%	−$21.9M+17%	−$20.1M+24%	−$19.6M−8%
	−$1.70	−$1.49	−$1.28	−$1.65	−$1.49−12%	−$0.27−82%	−$0.25−81%	−$0.24−86%
	12.5M	12.6M	12.8M	12.8M	24.7M+97%	80.8M+540%	81.2M+537%	81.3M+534%

EPS, diluted: Q4 FY24 and Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q4 FY24 and Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Software - Infrastructure nearest Via Transportation's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
VIAVia Transportation	$3B	n/m	n/a	6.1×	+29%	−20.0%
NTCTNetscout Systems	$2.9B	24.2×	60.2×	3.3×	+6%	13.7%
ALRMAlarm.com	$3.1B	29.0×	53.3×	3.0×	+9%	11.1%
KDKyndryl	$3.2B	41.0×	24.7×	0.2×	−1%	0.6%
SPSCSPS Commerce	$3.3B	44.7×	92.6×	4.3×	+10%	10.1%
AGYSAgilysys	$3.4B	79.9×	134×	10.3×	+14%	13.0%
AVPTAvePoint	$3.5B	51.6×	197×	7.5×	+25%	15.3%
BLKBBlackbaud	$2.5B	17.4×	92.0×	2.2×	+1%	13.1%
NCNOnCino	$2.4B	77.2×	140×	3.9×	+9%	5.4%
FRSHFreshworks	$4B	24.2×	15.9×	4.5×	+16%	20.5%
QTWOQ2	$4.3B	49.6×	49.6×	5.1×	+14%	10.9%
Peer median	$3.3B	42.9×	76.1×	4.1×	+9%	12.0%