VIA · Via Transportation, Inc.
Price & Indicators
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Metrics snapshot
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AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. VIA reported Q2 2026 revenue up 27% to $135.7 million with 23% customer growth and a doubling pipeline year-over-year, while narrowing adjusted EBITDA losses and raising full-year revenue guidance while reiterating its Q4 adjusted EBITDA profitability target.
- + Revenue grew 27% year-over-year to $135.7 million, with U.S. revenue up 35%
- + Pipeline doubled year-over-year for the second consecutive quarter, surpassing $700 million
- + Customer count grew 23% year-over-year to 847, with large customers up 36%
- + Adjusted EBITDA margin improved to negative 2.5% from negative 8.5%, narrowing toward Q4 profitability target
- + Balance sheet remains robust with $336 million in cash and no outstanding debt
- − Q3 2026 adjusted EBITDA guidance of negative $4.5 to negative $3.5 million reflects continued losses
- − Israeli shekel currency strength had a $2.2 million negative impact on adjusted R&D expenses
- − Q3 gross margin expected to revert lower as non-subscription revenue normalizes
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | -3.44M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net loss -$19.56M
-$2.8M Interest Income
+$282K Interest expense
+$165K Provision for income taxes
+$154K Other (income) expense, net
+$1.79M Depreciation and amortization
+$16.01M Stock-based compensation and related employer payroll taxes
+$62K Patent litigation costs
+$155K Transaction costs
+$300K Other
= Adjusted EBITDA -$3.44M
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| Adjusted EBITDA Margin non-GAAP | -4% | Six Months Ended June 30, 2026 | — |
| Adjusted Gross Margin non-GAAP | 41% | Six Months Ended June 30, 2026 | — |
| Adjusted Gross Profit non-GAAP | 56.3M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Gross profit $55.61M
+$98K Stock-based compensation and related employer payroll taxes
+$593K Amortization of acquired intangibles
= Adjusted Gross Profit $56.3M
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| Adjusted Net Loss non-GAAP | -838K | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP net loss -19.56M
+0K Amortization of discount on convertible notes
+0K Revaluation of warrants liability
+0K Revaluation of convertible notes embedded derivative feature
+0K Employee retention credit
+1.79M Depreciation and amortization
+16.01M Stock-based compensation and related employer payroll taxes
+62K Patent litigation costs
+155K Transaction costs
+300K Other
+405K Provision for income tax benefit of adjustments
= Adjusted Net Loss -838K
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| Customer Count | 847 | Q2 2026 | — |
| Platform Annual Run-Rate Revenue | 542.83M | Q2 2026 | — |
| Recurring subscription fees as a percentage of revenue | 95% | the three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Application — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
VIA
this stock
Via Transportation, Inc.
|
$2.40B | +6.5% | +28.6% | — | 7.7% |
|
QH
QUHUO Ltd
|
$350.35B | +246.3% | +59.7% | — | 0.0% |
|
SAP
Sap SE
|
$243.17B | -14.5% | — | — | 0.4% |
|
CRM
Salesforce, Inc.
|
$191.79B | -13.3% | +25.9% | 21.3 | 3.9% |
|
SHOP
Shopify Inc.
|
$183.03B | -0.5% | +30.1% | 95.5 | 1.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| VIA | +6.2% | +9.8% | +95.9% | +2.1% | +6.5% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | +5.0% | +9.2% | +84.3% | +0.5% | -7.1% |