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

Orion Group Holdings Inc is the larger business by last-quarter revenue ($216.3M vs $127.8M, roughly 1.7× Via Renewables, Inc.). Via Renewables, Inc. runs the higher net margin — 5.4% vs 2.2%, a 3.2% gap on every dollar of revenue. On growth, Via Renewables, Inc. posted the faster year-over-year revenue change (22.5% vs 14.6%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (6.1% CAGR vs 5.9%).

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

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.

ORN vs VIASP — Head-to-Head

Bigger by revenue
ORN
ORN
1.7× larger
ORN
$216.3M
$127.8M
VIASP
Growing faster (revenue YoY)
VIASP
VIASP
+7.9% gap
VIASP
22.5%
14.6%
ORN
Higher net margin
VIASP
VIASP
3.2% more per $
VIASP
5.4%
2.2%
ORN
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
6.1%
5.9%
VIASP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORN
ORN
VIASP
VIASP
Revenue
$216.3M
$127.8M
Net Profit
$4.7M
$6.9M
Gross Margin
12.0%
34.4%
Operating Margin
15.2%
Net Margin
2.2%
5.4%
Revenue YoY
14.6%
22.5%
Net Profit YoY
435.7%
-30.9%
EPS (diluted)
$0.12
$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
ORN
ORN
VIASP
VIASP
Q1 26
$216.3M
Q4 25
$233.2M
$127.8M
Q3 25
$225.1M
$103.3M
Q2 25
$205.3M
$90.0M
Q1 25
$188.7M
$142.3M
Q4 24
$216.9M
$104.3M
Q3 24
$226.7M
$93.8M
Q2 24
$192.2M
$86.7M
Net Profit
ORN
ORN
VIASP
VIASP
Q1 26
$4.7M
Q4 25
$-240.0K
$6.9M
Q3 25
$3.3M
$757.0K
Q2 25
$841.0K
$2.7M
Q1 25
$-1.4M
$8.8M
Q4 24
$6.8M
$9.9M
Q3 24
$4.3M
$2.1M
Q2 24
$-6.6M
$7.6M
Gross Margin
ORN
ORN
VIASP
VIASP
Q1 26
12.0%
Q4 25
11.6%
34.4%
Q3 25
13.2%
23.1%
Q2 25
12.6%
30.0%
Q1 25
12.2%
32.9%
Q4 24
14.0%
51.9%
Q3 24
11.9%
26.8%
Q2 24
9.5%
50.4%
Operating Margin
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
2.2%
15.2%
Q3 25
2.4%
3.1%
Q2 25
1.7%
6.7%
Q1 25
0.4%
17.5%
Q4 24
4.4%
31.5%
Q3 24
3.4%
5.3%
Q2 24
-1.4%
23.8%
Net Margin
ORN
ORN
VIASP
VIASP
Q1 26
2.2%
Q4 25
-0.1%
5.4%
Q3 25
1.5%
0.7%
Q2 25
0.4%
3.0%
Q1 25
-0.7%
6.2%
Q4 24
3.1%
9.5%
Q3 24
1.9%
2.3%
Q2 24
-3.4%
8.8%
EPS (diluted)
ORN
ORN
VIASP
VIASP
Q1 26
$0.12
Q4 25
$-0.00
$1.19
Q3 25
$0.08
$-0.41
Q2 25
$0.02
$0.09
Q1 25
$-0.04
$1.83
Q4 24
$0.22
$2.33
Q3 24
$0.12
$-0.17
Q2 24
$-0.20
$1.51

Balance Sheet & Financial Strength

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

Metric
ORN
ORN
VIASP
VIASP
Cash + ST InvestmentsLiquidity on hand
$6.3M
$41.8M
Total DebtLower is stronger
$120.0M
Stockholders' EquityBook value
$166.7M
$67.7M
Total Assets
$478.7M
$331.3M
Debt / EquityLower = less leverage
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORN
ORN
VIASP
VIASP
Q1 26
$6.3M
Q4 25
$1.6M
$41.8M
Q3 25
$4.9M
$53.6M
Q2 25
$1.7M
$62.1M
Q1 25
$13.0M
$64.7M
Q4 24
$28.3M
$53.1M
Q3 24
$28.3M
$66.6M
Q2 24
$4.8M
$53.6M
Total Debt
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
$120.0M
Q3 25
$105.0M
Q2 25
$33.4M
$100.0M
Q1 25
$23.3M
$101.0M
Q4 24
$23.2M
$106.0M
Q3 24
$28.0M
$89.0M
Q2 24
$60.3M
$93.0M
Stockholders' Equity
ORN
ORN
VIASP
VIASP
Q1 26
$166.7M
Q4 25
$159.0M
$67.7M
Q3 25
$157.9M
$63.7M
Q2 25
$153.2M
$68.2M
Q1 25
$150.8M
$72.7M
Q4 24
$150.7M
$66.7M
Q3 24
$142.4M
$58.2M
Q2 24
$111.1M
$58.3M
Total Assets
ORN
ORN
VIASP
VIASP
Q1 26
$478.7M
Q4 25
$414.7M
$331.3M
Q3 25
$422.4M
$304.8M
Q2 25
$432.7M
$316.3M
Q1 25
$416.3M
$347.4M
Q4 24
$417.3M
$344.9M
Q3 24
$430.3M
$298.4M
Q2 24
$414.0M
$299.7M
Debt / Equity
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
1.77×
Q3 25
1.65×
Q2 25
0.22×
1.47×
Q1 25
0.15×
1.39×
Q4 24
0.15×
1.59×
Q3 24
0.20×
1.53×
Q2 24
0.54×
1.60×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
$13.8M
$-4.2M
Q3 25
$23.3M
$2.4M
Q2 25
$-5.6M
$19.0M
Q1 25
$-3.4M
$24.9M
Q4 24
$13.4M
$2.0M
Q3 24
$37.5M
$20.1M
Q2 24
$-15.3M
$11.2M
Free Cash Flow
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
$454.0K
$-4.8M
Q3 25
$13.9M
$1.9M
Q2 25
$-12.7M
$18.4M
Q1 25
$-12.5M
$23.5M
Q4 24
$9.9M
$1.6M
Q3 24
$33.3M
$19.7M
Q2 24
$-20.0M
$10.9M
FCF Margin
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
0.2%
-3.7%
Q3 25
6.2%
1.9%
Q2 25
-6.2%
20.5%
Q1 25
-6.6%
16.5%
Q4 24
4.6%
1.5%
Q3 24
14.7%
21.0%
Q2 24
-10.4%
12.6%
Capex Intensity
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
5.7%
0.4%
Q3 25
4.2%
0.4%
Q2 25
3.5%
0.6%
Q1 25
4.8%
1.0%
Q4 24
1.6%
0.4%
Q3 24
1.8%
0.4%
Q2 24
2.4%
0.3%
Cash Conversion
ORN
ORN
VIASP
VIASP
Q1 26
Q4 25
-0.61×
Q3 25
7.05×
3.12×
Q2 25
-6.61×
6.94×
Q1 25
2.84×
Q4 24
1.98×
0.20×
Q3 24
8.79×
9.41×
Q2 24
1.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORN
ORN

Segment breakdown not available.

VIASP
VIASP

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

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