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Side-by-side financial comparison of APA Corporation (APA) and Via Renewables, Inc. (VIASP). Click either name above to swap in a different company.

APA Corporation is the larger business by last-quarter revenue ($2.2B vs $127.8M, roughly 17.3× Via Renewables, Inc.). APA Corporation runs the higher net margin — 15.0% vs 5.4%, a 9.6% gap on every dollar of revenue. On growth, Via Renewables, Inc. posted the faster year-over-year revenue change (22.5% vs -24.3%). Over the past eight quarters, Via Renewables, Inc.'s revenue compounded faster (5.9% CAGR vs 1.4%).

APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.

EDF Power Solutions is a wholly owned subsidiary of the French utility EDF Group, specializing in renewable energy production. As an integrated operator, the Group develops and finances the construction of renewable energy facilities, and manages operations and maintenance for its own account and for third parties.

APA vs VIASP — Head-to-Head

Bigger by revenue
APA
APA
17.3× larger
APA
$2.2B
$127.8M
VIASP
Growing faster (revenue YoY)
VIASP
VIASP
+46.9% gap
VIASP
22.5%
-24.3%
APA
Higher net margin
APA
APA
9.6% more per $
APA
15.0%
5.4%
VIASP
Faster 2-yr revenue CAGR
VIASP
VIASP
Annualised
VIASP
5.9%
1.4%
APA

Income Statement — Q4 2025 vs Q4 2025

Metric
APA
APA
VIASP
VIASP
Revenue
$2.2B
$127.8M
Net Profit
$331.0M
$6.9M
Gross Margin
34.4%
Operating Margin
32.5%
15.2%
Net Margin
15.0%
5.4%
Revenue YoY
-24.3%
22.5%
Net Profit YoY
-22.1%
-30.9%
EPS (diluted)
$0.79
$1.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APA
APA
VIASP
VIASP
Q4 25
$2.2B
$127.8M
Q3 25
$2.3B
$103.3M
Q2 25
$2.3B
$90.0M
Q1 25
$2.7B
$142.3M
Q4 24
$2.9B
$104.3M
Q3 24
$2.7B
$93.8M
Q2 24
$2.8B
$86.7M
Q1 24
$2.1B
$114.1M
Net Profit
APA
APA
VIASP
VIASP
Q4 25
$331.0M
$6.9M
Q3 25
$205.0M
$757.0K
Q2 25
$603.0M
$2.7M
Q1 25
$418.0M
$8.8M
Q4 24
$425.0M
$9.9M
Q3 24
$-223.0M
$2.1M
Q2 24
$541.0M
$7.6M
Q1 24
$212.0M
$8.6M
Gross Margin
APA
APA
VIASP
VIASP
Q4 25
34.4%
Q3 25
23.1%
Q2 25
30.0%
Q1 25
32.9%
Q4 24
51.9%
Q3 24
26.8%
Q2 24
50.4%
Q1 24
39.5%
Operating Margin
APA
APA
VIASP
VIASP
Q4 25
32.5%
15.2%
Q3 25
33.7%
3.1%
Q2 25
31.8%
6.7%
Q1 25
31.9%
17.5%
Q4 24
31.4%
31.5%
Q3 24
-5.2%
5.3%
Q2 24
34.4%
23.8%
Q1 24
32.2%
22.6%
Net Margin
APA
APA
VIASP
VIASP
Q4 25
15.0%
5.4%
Q3 25
9.0%
0.7%
Q2 25
26.0%
3.0%
Q1 25
15.4%
6.2%
Q4 24
14.6%
9.5%
Q3 24
-8.1%
2.3%
Q2 24
19.0%
8.8%
Q1 24
9.9%
7.5%
EPS (diluted)
APA
APA
VIASP
VIASP
Q4 25
$0.79
$1.19
Q3 25
$0.57
$-0.41
Q2 25
$1.67
$0.09
Q1 25
$0.96
$1.83
Q4 24
$0.97
$2.33
Q3 24
$-0.60
$-0.17
Q2 24
$1.46
$1.51
Q1 24
$0.44
$1.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APA
APA
VIASP
VIASP
Cash + ST InvestmentsLiquidity on hand
$516.0M
$41.8M
Total DebtLower is stronger
$4.3B
$120.0M
Stockholders' EquityBook value
$6.1B
$67.7M
Total Assets
$17.8B
$331.3M
Debt / EquityLower = less leverage
0.70×
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
VIASP
VIASP
Q4 25
$516.0M
$41.8M
Q3 25
$475.0M
$53.6M
Q2 25
$107.0M
$62.1M
Q1 25
$67.0M
$64.7M
Q4 24
$625.0M
$53.1M
Q3 24
$64.0M
$66.6M
Q2 24
$160.0M
$53.6M
Q1 24
$102.0M
$50.4M
Total Debt
APA
APA
VIASP
VIASP
Q4 25
$4.3B
$120.0M
Q3 25
$4.3B
$105.0M
Q2 25
$4.3B
$100.0M
Q1 25
$5.2B
$101.0M
Q4 24
$6.0B
$106.0M
Q3 24
$6.4B
$89.0M
Q2 24
$6.7B
$93.0M
Q1 24
$5.2B
$91.0M
Stockholders' Equity
APA
APA
VIASP
VIASP
Q4 25
$6.1B
$67.7M
Q3 25
$6.0B
$63.7M
Q2 25
$5.9B
$68.2M
Q1 25
$5.4B
$72.7M
Q4 24
$5.3B
$66.7M
Q3 24
$5.1B
$58.2M
Q2 24
$5.4B
$58.3M
Q1 24
$2.6B
$53.2M
Total Assets
APA
APA
VIASP
VIASP
Q4 25
$17.8B
$331.3M
Q3 25
$17.7B
$304.8M
Q2 25
$18.1B
$316.3M
Q1 25
$18.5B
$347.4M
Q4 24
$19.4B
$344.9M
Q3 24
$19.4B
$298.4M
Q2 24
$20.2B
$299.7M
Q1 24
$15.0B
$302.7M
Debt / Equity
APA
APA
VIASP
VIASP
Q4 25
0.70×
1.77×
Q3 25
0.72×
1.65×
Q2 25
0.73×
1.47×
Q1 25
0.96×
1.39×
Q4 24
1.13×
1.59×
Q3 24
1.25×
1.53×
Q2 24
1.24×
1.60×
Q1 24
1.99×
1.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APA
APA
VIASP
VIASP
Operating Cash FlowLast quarter
$808.0M
$-4.2M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-3.7%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
2.44×
-0.61×
TTM Free Cash FlowTrailing 4 quarters
$39.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
VIASP
VIASP
Q4 25
$808.0M
$-4.2M
Q3 25
$1.5B
$2.4M
Q2 25
$1.2B
$19.0M
Q1 25
$1.1B
$24.9M
Q4 24
$1.0B
$2.0M
Q3 24
$1.3B
$20.1M
Q2 24
$877.0M
$11.2M
Q1 24
$368.0M
$17.1M
Free Cash Flow
APA
APA
VIASP
VIASP
Q4 25
$-4.8M
Q3 25
$1.9M
Q2 25
$18.4M
Q1 25
$23.5M
Q4 24
$1.6M
Q3 24
$19.7M
Q2 24
$10.9M
Q1 24
$16.6M
FCF Margin
APA
APA
VIASP
VIASP
Q4 25
-3.7%
Q3 25
1.9%
Q2 25
20.5%
Q1 25
16.5%
Q4 24
1.5%
Q3 24
21.0%
Q2 24
12.6%
Q1 24
14.6%
Capex Intensity
APA
APA
VIASP
VIASP
Q4 25
0.4%
Q3 25
0.4%
Q2 25
0.6%
Q1 25
1.0%
Q4 24
0.4%
Q3 24
0.4%
Q2 24
0.3%
Q1 24
0.4%
Cash Conversion
APA
APA
VIASP
VIASP
Q4 25
2.44×
-0.61×
Q3 25
7.12×
3.12×
Q2 25
1.96×
6.94×
Q1 25
2.62×
2.84×
Q4 24
2.44×
0.20×
Q3 24
9.41×
Q2 24
1.62×
1.47×
Q1 24
1.74×
2.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APA
APA

Oil And Gas Excluding Purchased$1.7B76%
Oil And Gas Purchased$323.0M15%
Oil Reserves$114.0M5%
Other$72.0M3%
Natural Gas Reserves$30.0M1%

VIASP
VIASP

Retail Electricity$79.7M62%
Retail Natural Gas$48.9M38%

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