---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-005759"
form_type: "8-K"
ticker: "VIASP"
cik: "0001606268"
company_name: "Via Renewables, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:04:26.456050+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Via Renewables reports Q1 net loss of $6.8M; Adjusted EBITDA up 74% to $18.8M; common dividend suspended

## Summary
- Net loss of $6.8M in Q1 2023 vs net income of $31.0M in Q1 2022; decrease driven by $54.6M reduction in mark-to-market on hedges.
- Adjusted EBITDA of $18.8M, up 74% YoY from $10.8M, driven by higher power and natural gas gross margins.
- Retail Gross Margin of $40.3M, up $11.5M YoY; Gross Profit of $14.4M down from $58.5M due to hedges.
- RCE count grew to 339,000 from 331,000 at year-end 2022; expanded to total 20 deregulated states.
- Common stock dividend suspended; preferred dividend of $0.73989/share declared for Q1, payable July 17.

## SEC filing metadata
- accession: 0001654954-23-005759
- form_type: 8-K
- ticker: VIASP
- cik: 0001606268
- company_name: Via Renewables, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606268/000165495423005759/0001654954-23-005759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606268/000165495423005759/via_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-005759
- JSON: https://secwatch.observer/filing/0001654954-23-005759.json
- Plain text: https://secwatch.observer/filing/0001654954-23-005759.txt

## Key facts
- Earnings Releases
  Via Renewables, Inc. reported the quarter ended March 31, 2023 results: net income $(6.8) million.
  - Period: the quarter ended March 31, 2023
  - Net income: $(6.8) million
  - Result: reported results
  source text: Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ: VIA, VIASP), an independent retail energy services company, today reported financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606268/000165495423005759/0001654954-23-005759-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.