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Side-by-side financial comparison of Kennedy-Wilson Holdings, Inc. (KW) and Via Transportation, Inc. (VIA). Click either name above to swap in a different company.

Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $109.7M, roughly 1.1× Via Transportation, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs -33.6%, a 81.7% gap on every dollar of revenue. Via Transportation, Inc. produced more free cash flow last quarter ($-31.8M vs $-55.2M).

Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.

Via Transportation, Inc. is an American technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation.

KW vs VIA — Head-to-Head

Bigger by revenue
KW
KW
1.1× larger
KW
$120.6M
$109.7M
VIA
Higher net margin
KW
KW
81.7% more per $
KW
48.1%
-33.6%
VIA
More free cash flow
VIA
VIA
$23.4M more FCF
VIA
$-31.8M
$-55.2M
KW

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
KW
KW
VIA
VIA
Revenue
$120.6M
$109.7M
Net Profit
$58.0M
$-36.9M
Gross Margin
39.3%
Operating Margin
57.3%
-17.2%
Net Margin
48.1%
-33.6%
Revenue YoY
-11.0%
Net Profit YoY
32.7%
EPS (diluted)
$0.22
$-1.49

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
KW
KW
VIA
VIA
Q4 25
$120.6M
Q3 25
$116.4M
$109.7M
Q2 25
$135.7M
Q1 25
$128.3M
Q4 24
$135.5M
Q3 24
$127.5M
Q2 24
$132.0M
Q1 24
$136.4M
Net Profit
KW
KW
VIA
VIA
Q4 25
$58.0M
Q3 25
$-10.2M
$-36.9M
Q2 25
$5.6M
Q1 25
$-29.6M
Q4 24
$43.7M
Q3 24
$-66.8M
Q2 24
$-48.3M
Q1 24
$37.7M
Gross Margin
KW
KW
VIA
VIA
Q4 25
Q3 25
39.3%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
KW
KW
VIA
VIA
Q4 25
57.3%
Q3 25
-6.2%
-17.2%
Q2 25
7.4%
Q1 25
-26.9%
Q4 24
36.7%
Q3 24
-60.8%
Q2 24
-45.5%
Q1 24
47.2%
Net Margin
KW
KW
VIA
VIA
Q4 25
48.1%
Q3 25
-8.8%
-33.6%
Q2 25
4.1%
Q1 25
-23.1%
Q4 24
32.3%
Q3 24
-52.4%
Q2 24
-36.6%
Q1 24
27.6%
EPS (diluted)
KW
KW
VIA
VIA
Q4 25
$0.22
Q3 25
$-0.15
$-1.49
Q2 25
$-0.05
Q1 25
$-0.30
Q4 24
$0.24
Q3 24
$-0.56
Q2 24
$-0.43
Q1 24
$0.19

Balance Sheet & Financial Strength

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

Metric
KW
KW
VIA
VIA
Cash + ST InvestmentsLiquidity on hand
$184.5M
$378.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$574.6M
Total Assets
$6.6B
$702.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KW
KW
VIA
VIA
Q4 25
$184.5M
Q3 25
$382.6M
$378.2M
Q2 25
$309.1M
Q1 25
$356.6M
Q4 24
$217.5M
Q3 24
$367.1M
Q2 24
$366.5M
Q1 24
$541.9M
Stockholders' Equity
KW
KW
VIA
VIA
Q4 25
$1.5B
Q3 25
$1.5B
$574.6M
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.7B
Q1 24
$1.7B
Total Assets
KW
KW
VIA
VIA
Q4 25
$6.6B
Q3 25
$6.7B
$702.1M
Q2 25
$6.8B
Q1 25
$7.2B
Q4 24
$7.0B
Q3 24
$7.4B
Q2 24
$7.5B
Q1 24
$7.7B

Cash Flow & Capital Efficiency

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

Metric
KW
KW
VIA
VIA
Operating Cash FlowLast quarter
$11.4M
$-30.4M
Free Cash FlowOCF − Capex
$-55.2M
$-31.8M
FCF MarginFCF / Revenue
-45.8%
-29.0%
Capex IntensityCapex / Revenue
55.2%
1.2%
Cash ConversionOCF / Net Profit
0.20×
TTM Free Cash FlowTrailing 4 quarters
$-103.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KW
KW
VIA
VIA
Q4 25
$11.4M
Q3 25
$-7.6M
$-30.4M
Q2 25
$42.0M
Q1 25
$-51.9M
Q4 24
$55.1M
Q3 24
$-5.6M
Q2 24
$36.7M
Q1 24
$-5.6M
Free Cash Flow
KW
KW
VIA
VIA
Q4 25
$-55.2M
Q3 25
$-18.0M
$-31.8M
Q2 25
$29.4M
Q1 25
$-59.7M
Q4 24
$-76.5M
Q3 24
$-27.7M
Q2 24
$-500.0K
Q1 24
$-57.1M
FCF Margin
KW
KW
VIA
VIA
Q4 25
-45.8%
Q3 25
-15.5%
-29.0%
Q2 25
21.7%
Q1 25
-46.5%
Q4 24
-56.5%
Q3 24
-21.7%
Q2 24
-0.4%
Q1 24
-41.9%
Capex Intensity
KW
KW
VIA
VIA
Q4 25
55.2%
Q3 25
8.9%
1.2%
Q2 25
9.3%
Q1 25
6.1%
Q4 24
97.1%
Q3 24
17.3%
Q2 24
28.2%
Q1 24
37.8%
Cash Conversion
KW
KW
VIA
VIA
Q4 25
0.20×
Q3 25
Q2 25
7.50×
Q1 25
Q4 24
1.26×
Q3 24
Q2 24
Q1 24
-0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KW
KW

Consolidated Portfolio Segment$84.9M70%
Investment Management Fees$30.4M25%
Real Estate$5.1M4%

VIA
VIA

Government Customer$103.7M95%
Commercial Customer$5.9M5%

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