Viasat, Inc. (VSAT)

Nasdaq Information Technology Communications Equipment S&P SmallCap 600

$63.95

+4.57 (+7.70%)

Close of Nov 06, 2026 · end-of-day data

Source: Viasat, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$1.56B	$1.59B	$2.07B	$2.31B	$1.92B	$2.42B	$2.56B	$4.28B	$4.52B	$4.64B
Cost of revenue	$524.03M	$553.68M	—	—	—	—	—	—	—	—
Gross profit	$1.04B	$1.04B	—	—	—	—	—	—	—	—
Research & development	$129.65M	$168.35M	$123.04M	$130.43M	$108.50M	$149.47M	$128.92M	$150.65M	$142.39M	$164.91M
Selling, general & admin	$333.47M	$385.42M	$458.46M	$523.09M	$497.16M	$640.84M	$718.63M	$1.89B	$1.18B	$999.48M
Operating income	$36.46M	-$92.19M	-$60.62M	$38.42M	-$45.95M	-$113.14M	-$155.96M	-$889.81M	-$97.48M	$108.12M
Interest expense	$12.08M	$4.03M	$50.01M	$38.64M	$32.69M	$29.39M	$26.81M	$400.40M	$421.94M	$360.25M
Pre-tax income	$25.38M	-$105.47M	-$110.48M	$1.43M	-$78.20M	-$137.91M	-$162.16M	-$1.19B	-$545.29M	$104.80M
Income tax	$3.62M	-$35.22M	-$41.01M	-$7.92M	-$11.19M	-$36.52M	$49.42M	-$139.47M	-$941.00K	$116.22M
Net income	$23.77M	-$67.31M	-$67.62M	-$212.00K	$3.69M	-$15.53M	$1.08B	-$1.07B	-$574.96M	-$34.09M
EBITDA	$237.15M	$118.25M	$201.67M	$318.15M	$284.91M	$294.24M	$253.61M	-$22.16M	$938.99M	$1.15B
EPS (basic)	$0.45	$-1.15	$-1.13	$0.00	$0.06	$-0.21	$14.29	$-9.12	$-4.48	$-0.25
EPS (diluted)	$0.45	$-1.15	$-1.13	$0.00	$0.06	$-0.21	$14.29	$-9.12	$-4.48	$-0.25
Diluted shares	53.40M	58.44M	59.94M	61.63M	66.44M	73.40M	75.92M	117.19M	128.48M	134.74M
Gross margin	66.4%	65.3%	—	—	—	—	—	—	—	—
Operating margin	2.3%	-5.8%	-2.9%	1.7%	-2.4%	-4.7%	-6.1%	-20.8%	-2.2%	2.3%
Net margin	1.5%	-4.2%	-3.3%	-0.0%	0.2%	-0.6%	42.4%	-25.0%	-12.7%	-0.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$130.10M	$71.45M	$261.70M	$304.31M	$295.95M	$310.46M	$1.35B	$1.90B	$1.61B	$1.75B
Receivables	$263.72M	$267.67M	$300.31M	$330.70M	$238.65M	$312.17M	$419.93M	$678.21M	$699.55M	$753.43M
Inventory	$163.20M	$196.31M	$234.52M	$294.42M	$336.67M	$197.86M	$268.56M	$317.88M	$293.94M	$281.22M
Total current assets	$614.86M	$612.55M	$887.17M	$1.05B	$991.23M	$1.16B	$2.24B	$3.48B	$2.89B	$3.12B
Goodwill	$119.88M	$121.08M	$121.72M	$121.20M	$122.30M	$168.71M	$158.54M	$1.62B	$1.62B	$1.63B
Total assets	$2.95B	$3.41B	$3.92B	$4.88B	$5.35B	$6.39B	$7.73B	$16.33B	$15.45B	$15.23B
Total current liabilities	$325.52M	$466.46M	$485.48M	$604.58M	$708.44M	$770.42M	$956.72M	$1.30B	$1.68B	$1.30B
Short-term debt	$288.00K	$45.30M	$19.94M	$29.79M	$30.47M	$34.91M	$37.94M	$58.05M	$503.82M	$57.75M
Long-term debt	$848.48M	$978.40M	$1.39B	$1.85B	$1.83B	$2.49B	$2.42B	$7.13B	$6.53B	$6.39B
Total debt	$848.77M	$1.02B	$1.41B	$1.88B	$1.86B	$2.52B	$2.46B	$7.19B	$7.04B	$6.45B
Total liabilities	$1.22B	$1.57B	$2.00B	$2.83B	$2.96B	$3.71B	$3.87B	$11.26B	$10.80B	$10.50B
Shareholders' equity	$1.73B	$1.84B	$1.91B	$2.03B	$2.35B	$2.63B	$3.82B	$5.03B	$4.55B	$4.66B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$411.30M	$358.63M	$327.55M	$436.94M	$727.22M	$505.64M	$367.86M	$688.20M	$908.19M	$1.59B
Capital expenditures	$514.69M	$511.63M	$636.86M	$693.97M	$827.24M	$938.28M	$1.08B	—	—	—
Free cash flow	-$103.39M	-$153.00M	-$309.30M	-$257.03M	-$100.03M	-$432.64M	-$709.11M	$688.20M	$908.19M	$1.59B
Investing cash flow	-$715.00M	-$584.49M	-$489.42M	-$758.80M	-$885.27M	-$1.13B	$768.04M	-$1.29B	-$758.36M	-$759.05M
Financing cash flow	$392.78M	$165.78M	$354.62M	$365.19M	$149.69M	$643.63M	-$66.13M	$1.12B	-$442.59M	-$694.42M
Stock-based compensation	$55.77M	$68.55M	$79.60M	$86.55M	$84.88M	$86.81M	$84.46M	$83.63M	$80.39M	$81.07M
Depreciation & amortization	$200.69M	$210.44M	$262.29M	$279.73M	$330.86M	$407.38M	$409.56M	$867.64M	$1.04B	$1.04B

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.13B	$1.15B	$1.13B	$1.12B	$1.12B	$1.15B	$1.17B	$1.14B	$1.16B	$1.17B	$1.16B	$1.18B
Research & development	$41.73M	$46.49M	$38.56M	$33.39M	$36.70M	$33.74M	$34.19M	$42.26M	$46.93M	$41.52M	$45.49M	$59.77M
Selling, general & admin	$271.73M	$253.35M	$251.12M	$272.45M	$238.02M	$419.50M	$262.83M	$241.78M	$240.71M	$254.15M	$255.02M	$247.02M
Operating income	-$43.92M	$295.00K	$59.73M	-$24.68M	$21.25M	-$153.78M	$46.67M	$35.77M	$26.30M	-$624.00K	$47.31M	$7.15M
Interest expense	$133.54M	$124.77M	$105.78M	$115.34M	$94.48M	$106.35M	$100.36M	$93.49M	$87.48M	$78.93M	$82.30M	$101.96M
Pre-tax income	-$156.53M	-$100.81M	-$23.25M	-$119.32M	-$162.11M	-$240.61M	-$44.85M	-$45.19M	$92.88M	$101.95M	-$19.91M	-$79.35M
Income tax	-$34.50M	-$11.37M	$1.18M	$5.92M	-$11.80M	$3.76M	$6.61M	$10.86M	$58.67M	$40.08M	$23.11M	$40.79M
Net income	-$124.40M	-$100.26M	-$32.91M	-$137.58M	-$158.41M	-$246.05M	-$56.43M	-$61.44M	$24.97M	$58.82M	-$51.74M	-$128.66M
EBITDA	$185.56M	$269.88M	$309.54M	$248.12M	$278.32M	$103.01M	$304.37M	$288.44M	$287.46M	$266.36M	$281.02M	$255.66M
EPS (basic)	$-0.99	$-0.65	$-0.26	$-1.07	$-1.23	$-1.91	$-0.43	$-0.45	$0.18	$0.44	$-0.38	$-0.93
EPS (diluted)	$-0.99	$-0.65	$-0.26	$-1.07	$-1.23	$-1.91	$-0.43	$-0.45	$0.18	$0.44	$-0.38	$-0.93
Diluted shares	125.10M	2.87M	126.58M	128.38M	128.94M	508.00K	131.58M	135.12M	140.91M	596.00K	137.12M	138.64M
Operating margin	-3.9%	0.0%	5.3%	-2.2%	1.9%	-13.4%	4.0%	3.1%	2.3%	-0.1%	4.1%	0.6%
Net margin	-11.0%	-8.7%	-2.9%	-12.3%	-14.1%	-21.5%	-4.8%	-5.4%	2.2%	5.0%	-4.5%	-10.9%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$1.62B	$1.90B	$1.81B	$3.53B	$1.56B	$1.61B	$1.18B	$1.23B	$1.35B	$1.75B	$1.74B	$1.76B
Short-term investments	$30.00M	—	—	—	—	—	—	—	—	—	—	—
Receivables	$675.85M	$678.21M	$694.89M	$717.25M	$648.96M	$699.55M	$686.18M	$682.82M	$749.39M	$753.43M	$744.42M	$735.41M
Inventory	$353.55M	$317.88M	$329.83M	$327.01M	$320.14M	$293.94M	$284.22M	$278.66M	$286.95M	$281.22M	$293.79M	$308.78M
Total current assets	$3.74B	$3.48B	$3.33B	$5.06B	$2.84B	$2.89B	$2.46B	$2.44B	$2.65B	$3.12B	$3.10B	$3.14B
Goodwill	$1.61B	$1.62B	$1.62B	$1.62B	$1.62B	$1.62B	$1.63B	$1.63B	$1.63B	$1.63B	$1.62B	$1.62B
Total assets	$16.65B	$16.33B	$16.09B	$17.75B	$15.60B	$15.45B	$14.90B	$14.76B	$14.91B	$15.23B	$15.11B	$15.03B
Total current liabilities	$1.38B	$1.30B	$1.08B	$3.52B	$1.58B	$1.68B	$1.16B	$1.17B	$1.25B	$1.30B	$1.85B	$1.90B
Short-term debt	$62.84M	$58.05M	$57.76M	$2.38B	$506.92M	$503.82M	$52.16M	$49.50M	$36.92M	$57.75M	$661.94M	$659.08M
Long-term debt	$7.22B	$7.13B	$7.13B	$6.40B	$6.54B	$6.53B	$6.53B	$6.53B	$6.24B	$6.39B	$5.78B	$5.78B
Total debt	$7.29B	$7.19B	$7.19B	$8.78B	$7.04B	$7.04B	$6.58B	$6.58B	$6.28B	$6.45B	$6.44B	$6.44B
Total liabilities	$11.50B	$11.26B	$11.00B	$12.75B	$10.75B	$10.80B	$10.29B	$10.18B	$10.28B	$10.50B	$10.39B	$10.44B
Shareholders' equity	$5.10B	$5.03B	$5.03B	$4.94B	$4.76B	$4.55B	$4.56B	$4.52B	$4.57B	$4.66B	$4.64B	$4.51B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$133.57M	$231.99M	$151.10M	$239.19M	$219.46M	$298.44M	$258.46M	$282.24M	$726.89M	$322.30M	$260.55M	$284.95M
Free cash flow	$133.57M	$231.99M	$151.10M	$239.19M	$219.46M	$298.44M	$258.46M	$282.24M	$726.89M	$322.30M	$260.55M	$284.95M
Investing cash flow	-$450.83M	$160.66M	-$221.52M	-$110.81M	-$192.56M	-$233.47M	-$175.95M	-$213.70M	-$274.01M	-$95.38M	-$218.93M	-$206.69M
Financing cash flow	-$32.41M	-$111.73M	-$22.45M	$1.59B	-$2.00B	-$6.70M	-$513.82M	-$19.93M	-$333.76M	$173.08M	-$50.23M	-$54.03M
Stock-based compensation	$22.20M	$17.96M	$19.18M	$22.80M	$21.50M	$16.92M	$14.71M	$20.12M	$24.10M	$22.14M	$24.19M	$34.17M
Depreciation & amortization	$229.48M	$269.59M	$249.80M	$272.80M	$257.07M	$256.79M	$257.70M	$252.67M	$261.16M	$266.99M	$233.71M	$248.52M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.