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Viasat, Inc. VSAT R2K

Technology · Communication Equipment · United States
https://www.viasat.com

Viasat, Inc. provides broadband and communications products and services in the United States and internationally. It operates through Communication Services; and Defense and Advanced Technologies segments. The company offers satellite-based broadband and narrowband communications solutions; broadband services, including broadband internet access and voice over internet protocol; fixed and mobile broadband and narrowband services; develops and sells satellite, wireless products, and terminals; and design, develop, and produce space system solutions for geostationary, medium, and low earth orbit. It also provides in-flight connectivity, narrowband safety operational data, and other complementary services; multimedia connectivity for military and government; tactical and beyond-line-of-sight communications; intelligence surveillance and reconnaissance; L-band advanced communications element terminals; enterprise connectivity solutions; Internet-of-Things; and L-band managed, energy, and prepaid internet services. In addition, the company offers networking, cybersecurity, and information assurance products and services; high assurance internet protocol encryption solutions; MOJO expeditionary tactical gateway; government satellite communication systems, mobile and fixed broadband modems, ground and airborne terminals, antennas and gateways, Ka-band earth stations, and other multi-band/multi-function antennas, as well as design products for manpacks, aircraft, unmanned aerial vehicles, seagoing vessels, ground-mobile vehicles, space-based systems, and fixed applications. Further, it designs and develops GEO, LEO, and MEO satellites, payload, antenna technologies, and other small satellite platforms; develops commercial communication satellite product, orchestration of sovereign and multi-orbit solutions, and direct-to-device; and licenses intellectual property. Viasat, Inc. was incorporated in 1986 and is headquartered in Carlsbad, California.

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$80.62
+823.48% 1Y

Market & Price

Market Cap
$10.95B
Current Price
$80.62
High / Low (52W)
$86.69 / $8.73
Beta
1.67

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
175.26
PEG Ratio
0.26
Book Value
$33.65
Price to Book
2.40
P/S
2.36
EV/EBITDA
11.85
Dividend Yield
-

Profitability & Returns

ROCE
-0.90%
ROE
0.08%
ROA
0.44%
Profit Margin
-0.73%
Op Margin
-0.05%
EPS (Latest Qtr)
$0.41
EPS (TTM)
$-0.25

Balance Sheet & Liquidity

Debt/Equity
1.45
Quick Ratio
1.93
Current Ratio
2.41
Debt
$6.88B
Total Assets
$15.45B
Current Assets
$2.89B
Working Capital
$1.21B

Ownership

Promoter Holding
5.76%
Chg in Prom Hold
-
FII / Inst Holding
98.49%
Chg in FII Hold
0.02%

Financial Snapshot

Enterprise Value
$16.73B
Total Revenue (TTM)
$4.64B
EBITDA
$1.41B
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
135.83M
Gross Margin
33.04%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
23.20%
Profit 5Y
-1,200.44%
Revenue (YoY)
2.10%
Earnings (YoY)
-

PROS

  • Compounding revenue at 23.2% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -1200.4% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 VSAT Viasat, Inc. R2K 80.62 - $10.95B - -0.90% 0.08% 23.20% -1,200.44%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Oct 2013Jan 2014Jul 2014Oct 2014Jan 2015Jun 2015Sep 2015Dec 2015Jun 2016Sep 2016Dec 2016Jun 2017Sep 2017Dec 2017Jun 2018Sep 2018Dec 2018Jun 2019Sep 2019Dec 2019Jun 2020Sep 2020Dec 2020Jun 2021Sep 2021Dec 2021Jun 2022Sep 2022Dec 2022Jun 2023Sep 2023Dec 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -----------380.04M393.07M381.84M438.87M517.47M554.69M537.04M592.26M588.22M530.49M554.28M575.56M664.86M609.16M625.27M575.06M663.56M651.44M779.79M1.23B1.13B1.13B-1.12B1.15B1.17B1.14B1.16B-
Cost of Revenue ----------------------------------761.95M781.78M761.62M756.00M778.27M-
Gross Profit ----------------------------------361.82M365.30M409.44M384.89M378.78M-
Operating Expenses ----------------------------------340.57M519.08M362.77M349.12M352.48M-
Operating Income -510.00K1.52M-1.17M46.46M18.18M9.41M13.83M10.38M7.78M18.41M7.59M-17.95M-15.86M-25.33M-54.48M-21.57M6.01M-8.06M18.43M13.97M-5.31M12.68M21.76M16.29M-24.42M-28.73M-56.64M4.68M-31.31M-41.52M-804.67M-43.92M59.73M-21.25M-153.78M46.67M35.77M26.30M-
EBITDA ----------------------------------270.12M202.92M397.18M374.58M520.21M-
Interest Expense ----------------------------------94.48M106.35M100.36M93.49M87.48M-
Pretax Income -----------------------------------162.11M-240.61M-44.85M-45.19M92.88M-
Tax Provision -----------------------------------11.80M3.76M6.61M10.86M58.67M-
Net Income ---------------------------21.56M-48.24M-42.23M-77.00M-767.24M-124.40M-32.91M--158.41M-246.05M-56.43M-61.44M24.97M-
Diluted EPS 0.04-0.13-0.130.500.310.050.100.200.040.220.08-0.16-0.24-0.42-0.57-0.43-0.17-0.190.050.10-0.200.030.100.230.04-0.09-0.29-0.64-0.55-0.83-6.16-0.99-0.26---1.89-0.43-0.450.180.41
R&D Expense 14.92M15.14M9.78M11.55M11.85M15.61M20.79M19.17M25.18M30.18M34.44M45.06M46.27M40.15M33.37M31.36M28.93M33.47M34.31M32.16M27.64M27.53M28.80M34.46M39.61M36.38M34.77M32.42M29.44M29.00M33.43M41.73M38.56M33.39M36.70M-34.19M42.26M46.93M-

Profit & Loss (Annual)

Figures in USD.

Metric Apr 2009Apr 2010Apr 2011Mar 2012Mar 2013Apr 2014Apr 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue --------1.56B1.59B2.07B2.31B1.92B2.42B2.56B4.28B4.52B-
Cost of Revenue -------------1.71B1.83B2.90B3.03B-
Gross Profit -------------705.90M721.40M1.38B1.49B-
Operating Expenses -------------819.04M877.36M2.27B1.59B-
Operating Income 44.29M43.01M39.25M2.19M-20.36M3.30M83.14M41.12M36.46M-92.19M-60.62M38.42M-45.95M-113.14M-155.96M-889.81M-97.48M-
EBITDA -------------386.93M365.03M363.98M1.24B-
Interest Expense -------------29.39M26.81M400.40M421.94M-
Pretax Income --------------137.91M-162.16M-1.19B-545.29M-
Tax Provision --------------36.52M49.42M-139.47M-941.00K-
Net Income 38.33M31.14M36.12M7.50M--------3.69M-15.53M1.08B-1.07B-574.96M-
Diluted EPS 1.200.890.840.17-0.94-0.210.840.440.45-1.15-1.130.000.06-14.10-9.12-4.48-0.25
R&D Expense 29.62M27.32M28.71M24.99M35.45M60.74M46.67M77.18M129.65M168.35M123.04M130.43M108.50M149.47M128.92M150.65M142.39M-

Compounded Sales Growth

5 Years:23.20%
1 Year:2.10%

Compounded Profit Growth

5 Years:-1,200.44%
1 Year:-

Stock Price Performance

1 Year:+823.48%
6 Months:+144.23%
3 Months:+76.10%
1 Month:+36.00%

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2008Apr 2009Apr 2010Apr 2011Mar 2012Mar 2013Apr 2014Apr 2015Mar 2016Mar 2017Mar 2018Mar 2019Apr 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets --1.29B1.41B1.73B1.79B1.96B2.15B2.40B2.95B3.41B3.92B4.24B4.88B5.35B6.39B7.73B16.33B15.45B
Current Assets ---------------1.16B2.24B3.48B2.89B
Cash & Equivalents 125.18M63.49M89.63M40.49M172.58M105.74M58.35M52.26M42.09M130.10M71.45M261.70M-304.31M295.95M310.46M1.35B1.90B1.61B
Inventory ---------------197.86M268.56M317.88M293.94M
Receivables ---------------233.95M327.15M545.08M539.52M
Total Liabilities --536.80M561.51M834.96M886.24M1.01B1.11B1.26B1.22B1.57B2.00B2.33B2.83B2.96B3.71B3.87B11.26B10.80B
Current Liabilities --180.61M203.42M236.04M247.15M274.83M268.26M279.99M325.52M466.46M485.48M-604.58M708.44M770.42M956.72M1.30B1.68B
Long Term Debt ------689.76M806.39M945.53M848.48M978.40M1.39B---2.45B2.42B7.13B6.53B
Total Debt ---------------2.85B2.78B7.64B7.52B
Total Equity --753.00M840.12M887.98M903.00M941.01M1.04B1.13B1.73B1.84B1.91B-2.03B2.35B2.63B3.82B5.03B4.55B
Shares Outstanding ---------------74.43M76.91M125.85M130.21M

Cash Flows (Annual)

Figures in USD.

Metric Apr 2009Apr 2010Apr 2011Mar 2012Mar 2013Apr 2014Apr 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow 61.94M112.55M169.62M141.45M----411.30M358.63M327.55M436.94M727.22M505.64M367.86M688.20M908.19M
Investing Cash Flow -126.15M-519.03M-237.73M-229.02M-201.56M-354.49M---715.00M-584.49M-489.42M-758.80M-885.27M-1.13B768.04M-1.29B-758.36M
Financing Cash Flow 3.20M432.09M18.61M219.80M42.95M101.83M--392.78M165.78M354.62M365.19M149.69M643.63M-66.13M1.12B-442.59M
Capital Expenditure -117.19M-134.54M-208.28M-204.97M-176.29M-307.62M-366.49M-377.89M-514.69M-511.63M-636.86M-693.97M-827.24M-990.31M-1.16B-1.54B-1.03B
Free Cash Flow -55.25M-22.00M-38.67M-63.52M-----103.39M-153.00M-309.30M-257.03M-100.03M-484.67M-796.46M-851.19M-122.00M
Net Change in Cash -------------19.43M1.07B521.37M-292.76M
Share Buybacks 667.00K10.33M5.88M7.45M-------------

Ratios (Annual)

Figures in %.

Metric Apr 2009Apr 2010Apr 2011Mar 2012Mar 2013Apr 2014Apr 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -------------29.2%28.2%32.3%33.0%-
Operating Margin % --------2.3%-5.8%-2.9%1.7%-2.4%-4.7%-6.1%-20.8%-2.2%-
Net Margin % ------------0.2%-0.6%42.4%-25.0%-12.7%-
ROE % -4.1%4.3%0.8%--------0.2%-0.6%28.4%-21.3%-12.6%-
ROCE % -3.9%3.3%0.1%-1.3%0.2%4.4%1.9%1.4%-3.1%-1.8%0.9%-1.0%-2.0%-2.3%-5.9%-0.7%-

Shareholding Pattern

Insiders
5.76%
Institutions
98.49%
Public Float
104.51%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.15% 20.58M $1.66B
2 Vanguard Portfolio Management LLC 7.18% 9.75M $786.05M
3 Vanguard Capital Management LLC 4.30% 5.84M $470.49M
4 State Street Corporation 4.26% 5.78M $466.36M
5 American Century Companies Inc 4.22% 5.74M $462.49M
6 Disciplined Growth Investors, Inc. 4.17% 5.66M $456.36M
7 Dimensional Fund Advisors LP 3.53% 4.79M $386.13M
8 Neuberger Berman Group, LLC 3.49% 4.74M $382.35M
9 Oco Capital Partners, L.p. 3.31% 4.50M $362.79M
10 Geode Capital Management, LLC 2.82% 3.83M $309.02M

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