Viasat, Inc. VSAT R2K
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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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
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
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
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).
| # | Name | CMP $ | P/E | Mkt Cap | Div 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% |
Quarterly Results
Figures in USD.
| Metric | Oct 2013 | Jan 2014 | Jul 2014 | Oct 2014 | Jan 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Jun 2016 | Sep 2016 | Dec 2016 | Jun 2017 | Sep 2017 | Dec 2017 | Jun 2018 | Sep 2018 | Dec 2018 | Jun 2019 | Sep 2019 | Dec 2019 | Jun 2020 | Sep 2020 | Dec 2020 | Jun 2021 | Sep 2021 | Dec 2021 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | 380.04M | 393.07M | 381.84M | 438.87M | 517.47M | 554.69M | 537.04M | 592.26M | 588.22M | 530.49M | 554.28M | 575.56M | 664.86M | 609.16M | 625.27M | 575.06M | 663.56M | 651.44M | 779.79M | 1.23B | 1.13B | 1.13B | - | 1.12B | 1.15B | 1.17B | 1.14B | 1.16B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 761.95M | 781.78M | 761.62M | 756.00M | 778.27M | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 361.82M | 365.30M | 409.44M | 384.89M | 378.78M | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 340.57M | 519.08M | 362.77M | 349.12M | 352.48M | - |
| Operating Income | -510.00K | 1.52M | -1.17M | 46.46M | 18.18M | 9.41M | 13.83M | 10.38M | 7.78M | 18.41M | 7.59M | -17.95M | -15.86M | -25.33M | -54.48M | -21.57M | 6.01M | -8.06M | 18.43M | 13.97M | -5.31M | 12.68M | 21.76M | 16.29M | -24.42M | -28.73M | -56.64M | 4.68M | -31.31M | -41.52M | -804.67M | -43.92M | 59.73M | - | 21.25M | -153.78M | 46.67M | 35.77M | 26.30M | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 270.12M | 202.92M | 397.18M | 374.58M | 520.21M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 94.48M | 106.35M | 100.36M | 93.49M | 87.48M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -162.11M | -240.61M | -44.85M | -45.19M | 92.88M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -11.80M | 3.76M | 6.61M | 10.86M | 58.67M | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -21.56M | -48.24M | -42.23M | -77.00M | -767.24M | -124.40M | -32.91M | - | -158.41M | -246.05M | -56.43M | -61.44M | 24.97M | - |
| Diluted EPS | 0.04 | -0.13 | -0.13 | 0.50 | 0.31 | 0.05 | 0.10 | 0.20 | 0.04 | 0.22 | 0.08 | -0.16 | -0.24 | -0.42 | -0.57 | -0.43 | -0.17 | -0.19 | 0.05 | 0.10 | -0.20 | 0.03 | 0.10 | 0.23 | 0.04 | -0.09 | -0.29 | -0.64 | -0.55 | -0.83 | -6.16 | -0.99 | -0.26 | - | - | -1.89 | -0.43 | -0.45 | 0.18 | 0.41 |
| R&D Expense | 14.92M | 15.14M | 9.78M | 11.55M | 11.85M | 15.61M | 20.79M | 19.17M | 25.18M | 30.18M | 34.44M | 45.06M | 46.27M | 40.15M | 33.37M | 31.36M | 28.93M | 33.47M | 34.31M | 32.16M | 27.64M | 27.53M | 28.80M | 34.46M | 39.61M | 36.38M | 34.77M | 32.42M | 29.44M | 29.00M | 33.43M | 41.73M | 38.56M | 33.39M | 36.70M | - | 34.19M | 42.26M | 46.93M | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Apr 2009 | Apr 2010 | Apr 2011 | Mar 2012 | Mar 2013 | Apr 2014 | Apr 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 1.56B | 1.59B | 2.07B | 2.31B | 1.92B | 2.42B | 2.56B | 4.28B | 4.52B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.71B | 1.83B | 2.90B | 3.03B | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | 705.90M | 721.40M | 1.38B | 1.49B | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 819.04M | 877.36M | 2.27B | 1.59B | - |
| Operating Income | 44.29M | 43.01M | 39.25M | 2.19M | -20.36M | 3.30M | 83.14M | 41.12M | 36.46M | -92.19M | -60.62M | 38.42M | -45.95M | -113.14M | -155.96M | -889.81M | -97.48M | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 386.93M | 365.03M | 363.98M | 1.24B | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.39M | 26.81M | 400.40M | 421.94M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -137.91M | -162.16M | -1.19B | -545.29M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | -36.52M | 49.42M | -139.47M | -941.00K | - |
| Net Income | 38.33M | 31.14M | 36.12M | 7.50M | - | - | - | - | - | - | - | - | 3.69M | -15.53M | 1.08B | -1.07B | -574.96M | - |
| Diluted EPS | 1.20 | 0.89 | 0.84 | 0.17 | -0.94 | -0.21 | 0.84 | 0.44 | 0.45 | -1.15 | -1.13 | 0.00 | 0.06 | - | 14.10 | -9.12 | -4.48 | -0.25 |
| R&D Expense | 29.62M | 27.32M | 28.71M | 24.99M | 35.45M | 60.74M | 46.67M | 77.18M | 129.65M | 168.35M | 123.04M | 130.43M | 108.50M | 149.47M | 128.92M | 150.65M | 142.39M | - |
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 2008 | Apr 2009 | Apr 2010 | Apr 2011 | Mar 2012 | Mar 2013 | Apr 2014 | Apr 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Apr 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.29B | 1.41B | 1.73B | 1.79B | 1.96B | 2.15B | 2.40B | 2.95B | 3.41B | 3.92B | 4.24B | 4.88B | 5.35B | 6.39B | 7.73B | 16.33B | 15.45B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16B | 2.24B | 3.48B | 2.89B |
| Cash & Equivalents | 125.18M | 63.49M | 89.63M | 40.49M | 172.58M | 105.74M | 58.35M | 52.26M | 42.09M | 130.10M | 71.45M | 261.70M | - | 304.31M | 295.95M | 310.46M | 1.35B | 1.90B | 1.61B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 197.86M | 268.56M | 317.88M | 293.94M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 233.95M | 327.15M | 545.08M | 539.52M |
| Total Liabilities | - | - | 536.80M | 561.51M | 834.96M | 886.24M | 1.01B | 1.11B | 1.26B | 1.22B | 1.57B | 2.00B | 2.33B | 2.83B | 2.96B | 3.71B | 3.87B | 11.26B | 10.80B |
| Current Liabilities | - | - | 180.61M | 203.42M | 236.04M | 247.15M | 274.83M | 268.26M | 279.99M | 325.52M | 466.46M | 485.48M | - | 604.58M | 708.44M | 770.42M | 956.72M | 1.30B | 1.68B |
| Long Term Debt | - | - | - | - | - | - | 689.76M | 806.39M | 945.53M | 848.48M | 978.40M | 1.39B | - | - | - | 2.45B | 2.42B | 7.13B | 6.53B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.85B | 2.78B | 7.64B | 7.52B |
| Total Equity | - | - | 753.00M | 840.12M | 887.98M | 903.00M | 941.01M | 1.04B | 1.13B | 1.73B | 1.84B | 1.91B | - | 2.03B | 2.35B | 2.63B | 3.82B | 5.03B | 4.55B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 74.43M | 76.91M | 125.85M | 130.21M |
Cash Flows (Annual)
Figures in USD.
| Metric | Apr 2009 | Apr 2010 | Apr 2011 | Mar 2012 | Mar 2013 | Apr 2014 | Apr 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 61.94M | 112.55M | 169.62M | 141.45M | - | - | - | - | 411.30M | 358.63M | 327.55M | 436.94M | 727.22M | 505.64M | 367.86M | 688.20M | 908.19M |
| 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 | -1.13B | 768.04M | -1.29B | -758.36M |
| Financing Cash Flow | 3.20M | 432.09M | 18.61M | 219.80M | 42.95M | 101.83M | - | - | 392.78M | 165.78M | 354.62M | 365.19M | 149.69M | 643.63M | -66.13M | 1.12B | -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 | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.43M | 1.07B | 521.37M | -292.76M |
| Share Buybacks | 667.00K | 10.33M | 5.88M | 7.45M | - | - | - | - | - | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Apr 2009 | Apr 2010 | Apr 2011 | Mar 2012 | Mar 2013 | Apr 2014 | Apr 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 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 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VSAT