Via Renewables Q1 profit drops 48% on winter storm; redeems $11M preferred stock

Filed April 30, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 1, 2025 · ~1 min read

Key Changes

• high

  Adjusted EBITDA fell 48% year-over-year to $14.4M as winter storm Fern drove $2.7M in non-recurring losses and compressed retail margins 41% across electricity and natural gas segments.

  MD&A: Profitability verify on EDGAR →
• high

  Company redeemed $5.9M of Series A Preferred Stock in February and announced another $5.2M redemption for May, cutting annual dividend obligations from $9.4M to $5.5M.

  MD&A: Capital Structure verify on EDGAR →
• high

  Operating cash flow dropped 62% to $9.4M while Senior Credit Facility utilization rose to $167.9M of $250M capacity, leaving $37M available liquidity under covenant restrictions.

  MD&A: Liquidity verify on EDGAR →