Viasat Q1 revenue rises 4% to $1.2 billion; net loss widens to $56 million
Viasat reported first quarter fiscal 2026 results, with revenue up 4% year over year to $1.2 billion and Adjusted EBITDA up 1% to $408 million. The net loss widened to $56 million from $33 million a year earlier, mainly due to higher depreciation and amortization and a higher income tax provision, so shareholders see top-line growth alongside a larger loss.
Key points
- Q1 FY2026 revenue of $1.2 billion, up 4% year over year, led by a 15% rise in Defense and Advanced Technologies revenue
- Net loss of $56 million, compared with $33 million in Q1 FY2025
- Adjusted EBITDA of $408 million, up 1%; full-year Adjusted EBITDA outlook of flattish year over year was kept
- Capital expenditure guidance for FY2026 cut to approximately $1.2 billion, an improvement of $100 million from prior guidance
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.