Via Transportation(NYSE) VIA

Via Transportation, Inc. helps cities run better public transit. Their software makes buses and shuttles more efficient for riders. They help agencies manage transportation networks with digital tools.

How Via Digitizes Public Transit

• TransitTech Platform: Vertical software that helps partners plan and schedule integrated transit systems.
• Specialized Mobility: On-demand tools for microtransit, paratransit, and student transportation services.
• Recurring Subscriptions: Software access fees; accounted for 95% of revenue in the three-month period ended June 30, 2026.
• One-Time Services: Implementation and consulting support; represented 5% of revenue in the second quarter of 2026.

Growth Through Strategic Buyouts

• Acquired Downtowner in December 2025 to add 94 customers to the platform.
• Expanded U.S. revenue by 35% in the three-month period ended June 30, 2026.
• Grew international revenue outside of Germany by 41% in the first half of 2026.

The Power of AI

Via uses machine learning and artificial intelligence to optimize transit workflows. The platform transforms siloed systems into data-driven digital networks.

A Look at the Numbers

• Revenue was $135.7 million in the three-month period ended June 30, 2026, up 27% year over year.
• Total customer count grew to 847 by June 30, 2026, a 23% increase year over year.
• Platform Annual Run-Rate Revenue reached $543 million as of June 30, 2026, up 27% year over year.
• Adjusted EBITDA Margin was (3)% in the second quarter of 2026, up 5 percentage points year over year.

Bottom Line

Via has evolved from a transit startup into a global provider of public mobility infrastructure. Its shift toward software subscriptions and strategic acquisitions supports its scaling efforts in the public transportation market.