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

Willdan Group, Inc. is the larger business by last-quarter revenue ($182.0M vs $127.8M, roughly 1.4× Via Renewables, Inc.). Willdan Group, Inc. runs the higher net margin — 7.5% vs 5.4%, a 2.2% gap on every dollar of revenue. On growth, Via Renewables, Inc. posted the faster year-over-year revenue change (22.5% vs 15.0%). Willdan Group, Inc. produced more free cash flow last quarter ($9.8M vs $-4.8M). Over the past eight quarters, Willdan Group, Inc.'s revenue compounded faster (8.1% CAGR vs 5.9%).

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.

Willdan Group, Inc. (Willdan) is an American publicly traded company selling professional technical and consulting services to public and private utilities, public agencies at all levels of government, and commercial and industrial firms. The company operates offices in more than a dozen states, with its key operations in California and New York.

VIASP vs WLDN — Head-to-Head

Bigger by revenue
WLDN
WLDN
1.4× larger
WLDN
$182.0M
$127.8M
VIASP
Growing faster (revenue YoY)
VIASP
VIASP
+7.5% gap
VIASP
22.5%
15.0%
WLDN
Higher net margin
WLDN
WLDN
2.2% more per $
WLDN
7.5%
5.4%
VIASP
More free cash flow
WLDN
WLDN
$14.5M more FCF
WLDN
$9.8M
$-4.8M
VIASP
Faster 2-yr revenue CAGR
WLDN
WLDN
Annualised
WLDN
8.1%
5.9%
VIASP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
VIASP
VIASP
WLDN
WLDN
Revenue
$127.8M
$182.0M
Net Profit
$6.9M
$13.7M
Gross Margin
34.4%
36.9%
Operating Margin
15.2%
8.2%
Net Margin
5.4%
7.5%
Revenue YoY
22.5%
15.0%
Net Profit YoY
-30.9%
86.8%
EPS (diluted)
$1.19
$0.90

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
VIASP
VIASP
WLDN
WLDN
Q4 25
$127.8M
$182.0M
Q3 25
$103.3M
$173.5M
Q2 25
$90.0M
$152.4M
Q1 25
$142.3M
Q4 24
$104.3M
$144.1M
Q3 24
$93.8M
$158.3M
Q2 24
$86.7M
$141.0M
Q1 24
$114.1M
$122.5M
Net Profit
VIASP
VIASP
WLDN
WLDN
Q4 25
$6.9M
$13.7M
Q3 25
$757.0K
$15.4M
Q2 25
$2.7M
$4.7M
Q1 25
$8.8M
Q4 24
$9.9M
$7.7M
Q3 24
$2.1M
$7.3M
Q2 24
$7.6M
$4.6M
Q1 24
$8.6M
$2.9M
Gross Margin
VIASP
VIASP
WLDN
WLDN
Q4 25
34.4%
36.9%
Q3 25
23.1%
39.4%
Q2 25
30.0%
37.8%
Q1 25
32.9%
Q4 24
51.9%
38.1%
Q3 24
26.8%
32.6%
Q2 24
50.4%
34.6%
Q1 24
39.5%
38.7%
Operating Margin
VIASP
VIASP
WLDN
WLDN
Q4 25
15.2%
8.2%
Q3 25
3.1%
6.8%
Q2 25
6.7%
4.6%
Q1 25
17.5%
Q4 24
31.5%
7.5%
Q3 24
5.3%
5.5%
Q2 24
23.8%
4.6%
Q1 24
22.6%
4.4%
Net Margin
VIASP
VIASP
WLDN
WLDN
Q4 25
5.4%
7.5%
Q3 25
0.7%
8.9%
Q2 25
3.0%
3.1%
Q1 25
6.2%
Q4 24
9.5%
5.3%
Q3 24
2.3%
4.6%
Q2 24
8.8%
3.3%
Q1 24
7.5%
2.4%
EPS (diluted)
VIASP
VIASP
WLDN
WLDN
Q4 25
$1.19
$0.90
Q3 25
$-0.41
$1.03
Q2 25
$0.09
$0.32
Q1 25
$1.83
Q4 24
$2.33
$0.53
Q3 24
$-0.17
$0.51
Q2 24
$1.51
$0.33
Q1 24
$1.81
$0.21

Balance Sheet & Financial Strength

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

Metric
VIASP
VIASP
WLDN
WLDN
Cash + ST InvestmentsLiquidity on hand
$41.8M
$33.1M
Total DebtLower is stronger
$120.0M
$49.1M
Stockholders' EquityBook value
$67.7M
$283.1M
Total Assets
$331.3M
$507.9M
Debt / EquityLower = less leverage
1.77×
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VIASP
VIASP
WLDN
WLDN
Q4 25
$41.8M
$33.1M
Q3 25
$53.6M
$32.3M
Q2 25
$62.1M
$38.4M
Q1 25
$64.7M
Q4 24
$53.1M
$74.2M
Q3 24
$66.6M
$53.1M
Q2 24
$53.6M
$44.3M
Q1 24
$50.4M
$46.9M
Total Debt
VIASP
VIASP
WLDN
WLDN
Q4 25
$120.0M
$49.1M
Q3 25
$105.0M
$59.7M
Q2 25
$100.0M
$86.9M
Q1 25
$101.0M
Q4 24
$106.0M
$89.5M
Q3 24
$89.0M
$91.9M
Q2 24
$93.0M
$93.7M
Q1 24
$91.0M
$95.5M
Stockholders' Equity
VIASP
VIASP
WLDN
WLDN
Q4 25
$67.7M
$283.1M
Q3 25
$63.7M
$265.9M
Q2 25
$68.2M
$245.5M
Q1 25
$72.7M
Q4 24
$66.7M
$234.3M
Q3 24
$58.2M
$224.0M
Q2 24
$58.3M
$213.0M
Q1 24
$53.2M
$205.5M
Total Assets
VIASP
VIASP
WLDN
WLDN
Q4 25
$331.3M
$507.9M
Q3 25
$304.8M
$484.9M
Q2 25
$316.3M
$471.2M
Q1 25
$347.4M
Q4 24
$344.9M
$464.9M
Q3 24
$298.4M
$447.3M
Q2 24
$299.7M
$421.3M
Q1 24
$302.7M
$407.9M
Debt / Equity
VIASP
VIASP
WLDN
WLDN
Q4 25
1.77×
0.17×
Q3 25
1.65×
0.22×
Q2 25
1.47×
0.35×
Q1 25
1.39×
Q4 24
1.59×
0.38×
Q3 24
1.53×
0.41×
Q2 24
1.60×
0.44×
Q1 24
1.71×
0.46×

Cash Flow & Capital Efficiency

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

Metric
VIASP
VIASP
WLDN
WLDN
Operating Cash FlowLast quarter
$-4.2M
$12.2M
Free Cash FlowOCF − Capex
$-4.8M
$9.8M
FCF MarginFCF / Revenue
-3.7%
5.4%
Capex IntensityCapex / Revenue
0.4%
1.3%
Cash ConversionOCF / Net Profit
-0.61×
0.89×
TTM Free Cash FlowTrailing 4 quarters
$39.1M
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VIASP
VIASP
WLDN
WLDN
Q4 25
$-4.2M
$12.2M
Q3 25
$2.4M
$25.4M
Q2 25
$19.0M
$3.3M
Q1 25
$24.9M
Q4 24
$2.0M
$33.5M
Q3 24
$20.1M
$10.8M
Q2 24
$11.2M
$889.0K
Q1 24
$17.1M
$26.9M
Free Cash Flow
VIASP
VIASP
WLDN
WLDN
Q4 25
$-4.8M
$9.8M
Q3 25
$1.9M
$23.2M
Q2 25
$18.4M
$1.0M
Q1 25
$23.5M
Q4 24
$1.6M
$31.1M
Q3 24
$19.7M
$8.8M
Q2 24
$10.9M
$-1.3M
Q1 24
$16.6M
$25.0M
FCF Margin
VIASP
VIASP
WLDN
WLDN
Q4 25
-3.7%
5.4%
Q3 25
1.9%
13.4%
Q2 25
20.5%
0.7%
Q1 25
16.5%
Q4 24
1.5%
21.6%
Q3 24
21.0%
5.6%
Q2 24
12.6%
-0.9%
Q1 24
14.6%
20.4%
Capex Intensity
VIASP
VIASP
WLDN
WLDN
Q4 25
0.4%
1.3%
Q3 25
0.4%
1.3%
Q2 25
0.6%
1.5%
Q1 25
1.0%
Q4 24
0.4%
1.6%
Q3 24
0.4%
1.2%
Q2 24
0.3%
1.5%
Q1 24
0.4%
1.6%
Cash Conversion
VIASP
VIASP
WLDN
WLDN
Q4 25
-0.61×
0.89×
Q3 25
3.12×
1.65×
Q2 25
6.94×
0.71×
Q1 25
2.84×
Q4 24
0.20×
4.35×
Q3 24
9.41×
1.47×
Q2 24
1.47×
0.19×
Q1 24
2.00×
9.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

VIASP
VIASP

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

WLDN
WLDN

Public Utility$74.2M41%
Governments$64.6M35%
Engineering Consulting Services$27.3M15%
Commercial$15.9M9%
Alternative Power Generation Inc$4.8M3%

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