Spark Energy, Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 463.5M, using the latest reported figures. The previous period, 2024, was about USD 398.9M.

Watchlist

Latest quarter

Revenue

159 million USD

2026 Q1 · USD

Exact inputs and evidence

Operating margin

3.03%

2026 Q1 · %

Exact inputs and evidence
  • Operating Income: 4816000 USD Source
  • Revenue: 159029000 USD Source

Operating cash flow

9.39 million USD

2026 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: 9392000 USD Source

Free cash flow

9.15 million USD

2026 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: 9392000 USD Source
  • Capital Expenditure: 245000 USD Source
Cash and cash equivalents
50.6 million USD Source
Exact value

50591000 USD

Long-term debt including current maturities
130 million USD Source
Exact value

130000000 USD

Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

480 million USD

2025-04-01 – 2026-03-31

Exact inputs and evidence
  • Revenue: 90029000 USD · 2025-04-01 – 2025-06-30 Source
  • Revenue: 103329000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 463451000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 335615000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 159029000 USD · 2026-01-01 – 2026-03-31 Source

Net income

12.4 million USD

2025-04-01 – 2026-03-31

Exact inputs and evidence
  • Net income: 2739000 USD · 2025-04-01 – 2025-06-30 Source
  • Net income: 757000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 19150000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 12294000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 2053000 USD · 2026-01-01 – 2026-03-31 Source

Operating cash flow

26.5 million USD

2025-04-01 – 2026-03-31

Exact inputs and evidence
  • Operating cash flow: 43948000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 24950000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: 46309000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 43948000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 42097000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 46309000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 9392000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

1.8 million USD

2025-04-01 – 2026-03-31

Exact inputs and evidence
  • Capital expenditure: 1989000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 1415000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 2407000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 1989000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 2965000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 2407000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 245000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

24.7 million USD

2025-04-01 – 2026-03-31

Exact inputs and evidence
  • Operating cash flow: 43948000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 24950000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: 46309000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 43948000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 42097000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 46309000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 9392000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 1989000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 1415000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 2407000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 1989000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 2965000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 2407000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 245000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-04-30.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +16.2%

    Prior period

    USD 398.87 million

    –

    Current period

    USD 463.45 million

    –

    Exact inputs and evidence

    463451000 − 398868000 = 64583000 USD

    398868000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    463451000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    -32.2%

    Prior period

    USD 28.26 million

    –

    Current period

    USD 19.15 million

    –

    Exact inputs and evidence

    19150000 − 28255000 = -9105000 USD

    28255000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    19150000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -16.6%

    Prior period

    USD 50.48 million

    –

    Current period

    USD 42.1 million

    –

    Exact inputs and evidence

    42097000 − 50484000 = -8387000 USD

    50484000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    42097000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +88%

    Prior period

    USD 1.58 million

    –

    Current period

    USD 2.97 million

    –

    Exact inputs and evidence

    2965000 − 1577000 = 1388000 USD

    1577000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2965000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 463.45 million 100% of revenue
  • Operating costs Derived USD 409.92 million 88% of revenue
  • Operating income USD 53.53 million 12% of revenue
  • Tax, interest and other Derived USD 34.38 million 7.4% of revenue
  • Net income USD 19.15 million 4.1% of revenue

Cash

  • Operating cash flow USD 42.1 million 9.1% of revenue
  • Capital expenditure USD 2.97 million 0.6% of revenue
  • Free cash flow Derived USD 39.13 million 8.4% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 13%85%
  • 2017 10%87%
  • 2018 Operating loss: operating costs were 100% of revenue.
  • 2019 97%
  • 2020 11%84%
  • 2021 99%
  • 2022 95%
  • 2023 89%
  • 2024 14%79%
  • 2025 88%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31546697000 462696000 Derived 84001000 69557000 Derived 14444000 64692000 Derived
Source
2017 2017-01-01 – 2017-12-31798055000 695635000 Derived 102420000 83175000 Derived 19245000 60427000 Derived
Source
2018 2018-01-01 – 2018-12-311005928000 1009582000 Derived -3654000 -2468000 Derived -1186000 58334000 Derived
Source
2019 2019-01-01 – 2019-12-31813725000 789746000 Derived 23979000 15529000 Derived 8450000 90615000 Derived
Source
2020 2020-01-01 – 2020-12-31554890000 466093000 Derived 88797000 61484000 Derived 27313000 89677000 Derived
Source
2021 2021-01-01 – 2021-12-31393485000 389076000 Derived 4409000 676000 Derived 3733000 9989000 Derived
Source
2022 2022-01-01 – 2022-12-31460493000 435732000 Derived 24761000 17183000 Derived 7578000 14054000 Derived
Source
2023 2023-01-01 – 2023-12-31435192000 388720000 Derived 46472000 31497000 Derived 14975000 47880000 Derived
Source
2024 2024-01-01 – 2024-12-31398868000 314690000 Derived 84178000 55923000 Derived 28255000 48907000 Derived
Source
2025 2025-01-01 – 2025-12-31463451000 409920000 Derived 53531000 34381000 Derived 19150000 39132000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 463.5M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.1B814.8M543.2M271.6M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue546697000
2017Revenue798055000
2018Revenue1005928000
2019Revenue813725000
2020Revenue554890000
2021Revenue393485000
2022Revenue460493000
2023Revenue435192000
2024Revenue398868000
2025Revenue463451000

Revenue growth

Change in revenue from the same financial period one year earlier.

16.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.59%35%10%-14%-39%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year52.6%
2017Year over year46%
2018Year over year26%
2019Year over year-19.1%
2020Year over year-31.8%
2021Year over year-29.1%
2022Year over year17%
2023Year over year-5.5%
2024Year over year-8.3%
2025Year over year16.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 11.6% 2025
Net margin 4.1% 2025
Free cash flow margin 8.4% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.22.8%16.6%10.4%4.1%-2.1%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin15.4%
2017Operating margin12.8%
2018Operating margin-0.4%
2019Operating margin2.9%
2020Operating margin16%
2021Operating margin1.1%
2022Operating margin5.4%
2023Operating margin10.7%
2024Operating margin21.1%
2025Operating margin11.6%
2016Net margin2.6%
2017Net margin2.4%
2018Net margin-0.1%
2019Net margin1%
2020Net margin4.9%
2021Net margin0.9%
2022Net margin1.6%
2023Net margin3.4%
2024Net margin7.1%
2025Net margin4.1%
2016Free cash flow margin11.8%
2017Free cash flow margin7.6%
2018Free cash flow margin5.8%
2019Free cash flow margin11.1%
2020Free cash flow margin16.2%
2021Free cash flow margin2.5%
2022Free cash flow margin3.1%
2023Free cash flow margin11%
2024Free cash flow margin12.3%
2025Free cash flow margin8.4%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 42.1M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.99.2M74.4M49.6M24.8M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow66950000
2017Operating cash flow62131000
2018Operating cash flow59763000
2019Operating cash flow91735000
2020Operating cash flow91831000
2021Operating cash flow12702000
2022Operating cash flow16207000
2023Operating cash flow49315000
2024Operating cash flow50484000
2025Operating cash flow42097000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 39.1M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.97.9M73.4M48.9M24.5M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow64692000
2017Free cash flow60427000
2018Free cash flow58334000
2019Free cash flow90615000
2020Free cash flow89677000
2021Free cash flow9989000
2022Free cash flow14054000
2023Free cash flow47880000
2024Free cash flow48907000
2025Free cash flow39132000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

59.5% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.74%55%37%18%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets68.4%
2017Liabilities / assets60.2%
2018Liabilities / assets63%
2019Liabilities / assets62.8%
2020Liabilities / assets52.3%
2021Liabilities / assets61.6%
2022Liabilities / assets64.9%
2023Liabilities / assets58.3%
2024Liabilities / assets52.4%
2025Liabilities / assets59.5%

Current assets to current liabilities

Current assets divided by current liabilities.

2.55× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.95×2.21×1.47×0.74×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.08×
2017Current assets / current liabilities1.96×
2018Current assets / current liabilities2.06×
2019Current assets / current liabilities1.66×
2020Current assets / current liabilities2.26×
2021Current assets / current liabilities2.38×
2022Current assets / current liabilities1.94×
2023Current assets / current liabilities1.99×
2024Current assets / current liabilities2.73×
2025Current assets / current liabilities2.55×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 14.44 million
Exact value

Exact value: 14444000 USD

2016-01-01 – 2016-12-31: 14444000 USD Inspect Net Income Open source
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USD 66.95 million
Exact value

Exact value: 66950000 USD

2016-01-01 – 2016-12-31: 66950000 USD Inspect Operating Cash Flow Open source
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USD 2.26 million
Exact value

Exact value: 2258000 USD

2016-01-01 – 2016-12-31: 2258000 USD Inspect Capital Expenditure Open source
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USD 64.69 million
Calculation and evidence

66950000 − 2258000 USD

Exact free cash flow: 64692000 USD

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2017 2017-01-01 – 2017-12-31
USD 19.25 million
Exact value

Exact value: 19245000 USD

2017-01-01 – 2017-12-31: 19245000 USD Inspect Net Income Open source
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USD 62.13 million
Exact value

Exact value: 62131000 USD

2017-01-01 – 2017-12-31: 62131000 USD Inspect Operating Cash Flow Open source
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USD 1.7 million
Exact value

Exact value: 1704000 USD

2017-01-01 – 2017-12-31: 1704000 USD Inspect Capital Expenditure Open source
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USD 60.43 million
Calculation and evidence

62131000 − 1704000 USD

Exact free cash flow: 60427000 USD

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2018 2018-01-01 – 2018-12-31
−USD 1.19 million
Exact value

Exact value: -1186000 USD

2018-01-01 – 2018-12-31: -1186000 USD Inspect Net Income Open source
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USD 59.76 million
Exact value

Exact value: 59763000 USD

2018-01-01 – 2018-12-31: 59763000 USD Inspect Operating Cash Flow Open source
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USD 1.43 million
Exact value

Exact value: 1429000 USD

2018-01-01 – 2018-12-31: 1429000 USD Inspect Capital Expenditure Open source
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USD 58.33 million
Calculation and evidence

59763000 − 1429000 USD

Exact free cash flow: 58334000 USD

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2019 2019-01-01 – 2019-12-31
USD 8.45 million
Exact value

Exact value: 8450000 USD

2019-01-01 – 2019-12-31: 8450000 USD Inspect Net Income Open source
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USD 91.74 million
Exact value

Exact value: 91735000 USD

2019-01-01 – 2019-12-31: 91735000 USD Inspect Operating Cash Flow Open source
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USD 1.12 million
Exact value

Exact value: 1120000 USD

2019-01-01 – 2019-12-31: 1120000 USD Inspect Capital Expenditure Open source
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USD 90.62 million
Calculation and evidence

91735000 − 1120000 USD

Exact free cash flow: 90615000 USD

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2020 2020-01-01 – 2020-12-31
USD 27.31 million
Exact value

Exact value: 27313000 USD

2020-01-01 – 2020-12-31: 27313000 USD Inspect Net Income Open source
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USD 91.83 million
Exact value

Exact value: 91831000 USD

2020-01-01 – 2020-12-31: 91831000 USD Inspect Operating Cash Flow Open source
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USD 2.15 million
Exact value

Exact value: 2154000 USD

2020-01-01 – 2020-12-31: 2154000 USD Inspect Capital Expenditure Open source
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USD 89.68 million
Calculation and evidence

91831000 − 2154000 USD

Exact free cash flow: 89677000 USD

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2021 2021-01-01 – 2021-12-31
USD 3.73 million
Exact value

Exact value: 3733000 USD

2021-01-01 – 2021-12-31: 3733000 USD Inspect Net Income Open source
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USD 12.7 million
Exact value

Exact value: 12702000 USD

2021-01-01 – 2021-12-31: 12702000 USD Inspect Operating Cash Flow Open source
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USD 2.71 million
Exact value

Exact value: 2713000 USD

2021-01-01 – 2021-12-31: 2713000 USD Inspect Capital Expenditure Open source
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USD 9.99 million
Calculation and evidence

12702000 − 2713000 USD

Exact free cash flow: 9989000 USD

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2022 2022-01-01 – 2022-12-31
USD 7.58 million
Exact value

Exact value: 7578000 USD

2022-01-01 – 2022-12-31: 7578000 USD Inspect Net Income Open source
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USD 16.21 million
Exact value

Exact value: 16207000 USD

2022-01-01 – 2022-12-31: 16207000 USD Inspect Operating Cash Flow Open source
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USD 2.15 million
Exact value

Exact value: 2153000 USD

2022-01-01 – 2022-12-31: 2153000 USD Inspect Capital Expenditure Open source
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USD 14.05 million
Calculation and evidence

16207000 − 2153000 USD

Exact free cash flow: 14054000 USD

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2023 2023-01-01 – 2023-12-31
USD 14.98 million
Exact value

Exact value: 14975000 USD

2023-01-01 – 2023-12-31: 14975000 USD Inspect Net Income Open source
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USD 49.32 million
Exact value

Exact value: 49315000 USD

2023-01-01 – 2023-12-31: 49315000 USD Inspect Operating Cash Flow Open source
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USD 1.44 million
Exact value

Exact value: 1435000 USD

2023-01-01 – 2023-12-31: 1435000 USD Inspect Capital Expenditure Open source
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USD 47.88 million
Calculation and evidence

49315000 − 1435000 USD

Exact free cash flow: 47880000 USD

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2024 2024-01-01 – 2024-12-31
USD 28.26 million
Exact value

Exact value: 28255000 USD

2024-01-01 – 2024-12-31: 28255000 USD Inspect Net Income Open source
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USD 50.48 million
Exact value

Exact value: 50484000 USD

2024-01-01 – 2024-12-31: 50484000 USD Inspect Operating Cash Flow Open source
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USD 1.58 million
Exact value

Exact value: 1577000 USD

2024-01-01 – 2024-12-31: 1577000 USD Inspect Capital Expenditure Open source
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USD 48.91 million
Calculation and evidence

50484000 − 1577000 USD

Exact free cash flow: 48907000 USD

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2025 2025-01-01 – 2025-12-31
USD 19.15 million
Exact value

Exact value: 19150000 USD

2025-01-01 – 2025-12-31: 19150000 USD Inspect Net Income Open source
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USD 42.1 million
Exact value

Exact value: 42097000 USD

2025-01-01 – 2025-12-31: 42097000 USD Inspect Operating Cash Flow Open source
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USD 2.97 million
Exact value

Exact value: 2965000 USD

2025-01-01 – 2025-12-31: 2965000 USD Inspect Capital Expenditure Open source
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USD 39.13 million
Calculation and evidence

42097000 − 2965000 USD

Exact free cash flow: 39132000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

73 filings · 6,822 latest values · 6,822 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001606268, 1606268, SPKE, VIA, VIASP, edgar:1606268

Also known as Spark Energy, Inc., Via Renewables, Inc.