Via Projects Q4 2025 Platform Revenue Of $114.6M To $115.1M With Adjusted EBITDA Loss Of $8.5M To $7.5M; FY 2025 Platform Revenue Of $430M To $430.5M And Adjusted EBITDA Loss Of $34.5M To $33.5M
Author: Benzinga Newsdesk | November 13, 2025 07:04am
Fourth Quarter and Full Year Outlook:
Our guidance includes non-GAAP measures. For the fourth quarter and full year 2025, Via expects the following:
Q4 2025
FY 2025
($ in millions)
Platform Revenue
$114.6 - $115.1
$430.0 - $430.5
YoY Growth %
25.0% - 25.5%
30.0% - 30.2%
Adjusted EBITDA (1)
($8.5) - ($7.5)
($34.5) - ($33.5)
Adjusted EBITDA Margin (1)
(7.4) - (6.5)%
(8.0) - (7.8)%
(1)
Via is not able, at this time, to provide an outlook for GAAP net loss or a reconciliation of expected Adjusted EBITDA to GAAP net loss for the fourth quarter or full year 2025 because of the difficulty of estimating certain items excluded from Adjusted EBITDA that cannot be reasonably calculated or predicted without unreasonable efforts. For example, charges related to stock-based compensation and related employer payroll taxes expense require additional inputs, such as the number and value of awards granted, that are not currently ascertainable.
