VIASAT INC
Business
Viasat is a global provider of satellite communications technologies and services offering broadband, narrowband, and cybersecurity solutions to aviation, maritime, enterprise, consumer, military and government users. The company operates a multi-band satellite fleet spanning Ka-, L-, and S-bands, ground infrastructure and user terminals enabling fixed and mobile connectivity worldwide. Viasat conducts business through two reportable segments: communication services (aviation IFC, government satcom, maritime, fixed broadband) and defense and advanced technologies (cybersecurity, space systems, tactical networking).
Summary from 10-K filed 2026-05-29
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Total revenues | 4,640 | 4,520 | 4,284 | 2,556 | 2,417 | |
| Selling, general and administrative (including ground network (FY25), satellite (FY24) impairment and related charges, net - see Note 1) | 999 | 1,181 | 1,894 | 719 | 641 | |
| Independent research and development | 165 | 142 | 151 | 129 | 149 | |
| Amortization of acquired intangible assets | 261 | 264 | 227 | 30 | 29 | |
| Income (loss) from operations | 108 | −97 | −890 | −156 | −113 | |
| Interest income | 206 | 84 | 96 | 20 | 504,000 | |
| Interest expense | −360 | −422 | −400 | −27 | −29 | |
| (Loss) gain on extinguishment of debt, net | −12 | −100 | — | — | — | |
| Other income (expense), net | 163 | −10 | 0 | 1 | 4 | |
| Income (loss) from continuing operations before income taxes | 105 | −545 | −1,194 | −162 | −138 | |
| (Provision for) benefit from income taxes from continuing operations | −116 | 941,000 | 139 | −49 | 37 | |
| Equity in income (loss) of unconsolidated affiliate, net | 15 | 13 | 7 | −66,000 | −281,000 | |
| Net income (loss) from continuing operations | 4 | −531 | −1,047 | −212 | −102 | |
| Net income (loss) from discontinued operations, net of tax | — | — | −10 | 1,302 | 99 | |
| Net income (loss) | 4 | −531 | −1,058 | 1,091 | −2 | |
| Less: net income (loss) attributable to noncontrolling interest, net of tax | 38 | 44 | 11 | 6 | 13 | |
| Net income (loss) attributable to Viasat, Inc. | −34 | −575 | −1,069 | 1,085 | −16 | |
| Continuing operations | −0.25 | −4.48 | −9.03 | −2.87 | −1.56 | |
| Discontinued Operations | — | — | −0.09 | 17.16 | 1.35 | |
| Income (loss) (per share) | −0.25 | −4.48 | −9.12 | 14.29 | −0.21 | |
| Continuing Operations | −0.25 | −4.48 | −9.03 | −2.87 | −1.56 | |
| Discontinued Operations | — | — | −0.09 | 17.16 | 1.35 | |
| Income (loss) (per share) | −0.25 | −4.48 | −9.12 | 14.29 | −0.21 | |
| Shares used in computing basic net income (loss) per share | 135 | 128 | 117 | 76 | 73 | |
| Shares used in computing diluted net income (loss) per share | 135 | 128 | 117 | 76 | 73 | |
| Foreign currency translation adjustments, net of tax | 22 | −9 | 3 | −13 | −31 | |
| Unrealized gain (loss) on hedging, net of tax | — | −16 | 10 | 0 | 0 | |
| Other comprehensive income (loss), net of tax | 22 | −26 | 13 | −13 | −31 | |
| Comprehensive income (loss) | 26 | −557 | −1,044 | 1,078 | −34 | |
| Less: comprehensive income (loss) attributable to noncontrolling interest, net of tax | 38 | 44 | 11 | 6 | 13 | |
| Comprehensive income (loss) attributable to Viasat, Inc. | −12 | −601 | −1,055 | 1,072 | −47 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,747 | 1,612 | 1,901 | 1,349 | 310 | |
| Accounts receivable, net | 753 | 700 | 678 | 420 | 312 | |
| Inventories | 281 | 294 | 318 | 269 | 198 | |
| Prepaid expenses and other current assets | 343 | 282 | 582 | 177 | 141 | |
| Total current assets | 3,124 | 2,888 | 3,479 | 2,245 | 1,159 | |
| Property, equipment and satellites, net | 7,273 | 7,406 | 7,557 | 4,378 | 3,705 | |
| Operating lease right-of-use assets | 428 | 416 | 393 | 282 | 343 | |
| Acquired intangible assets, net | 1,997 | 2,271 | 2,544 | 201 | 236 | |
| Goodwill | 1,625 | 1,622 | 1,622 | 159 | 169 | |
| Other assets | 780 | 846 | 734 | 466 | 699 | |
| Total assets | 15,227 | 15,449 | 16,329 | 7,730 | 6,389 | |
| Accounts payable | 288 | 264 | 287 | 272 | 201 | |
| Accrued and other liabilities | 951 | 909 | 951 | 647 | 483 | |
| Current portion of long-term debt | 58 | 504 | 58 | 38 | 35 | |
| Total current liabilities | 1,297 | 1,677 | 1,296 | 957 | 770 | |
| Senior notes | 3,665 | 3,653 | 4,355 | 1,689 | 1,686 | |
| Other long-term debt | 2,726 | 2,879 | 2,775 | 732 | 765 | |
| Non-current operating lease liabilities | 430 | 414 | 380 | 273 | 316 | |
| Other liabilities | 2,379 | 2,181 | 2,452 | 219 | 153 | |
| Total liabilities | 10,497 | 10,804 | 11,257 | 3,870 | 3,707 | |
| Commitments and contingencies (Notes 13 and 14) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding at both March 31, 2026 and 2025 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.0001 par value, 200,000,000 shares authorized; 136,557,695 and 130,210,407 shares outstanding at March 31, 2026 and 2025, respectively | 14,000 | 13,000 | 13,000 | 8,000 | 7,000 | |
| Paid-in capital | 5,045 | 4,926 | 4,797 | 2,541 | 2,422 | |
| Retained earnings (accumulated deficit) | −360 | −326 | 249 | 1,318 | 234 | |
| Accumulated other comprehensive income (loss) | −25 | −47 | −21 | −35 | −22 | |
| Total Viasat, Inc. stockholders equity | 4,660 | 4,554 | 5,025 | 3,824 | 2,634 | |
| Noncontrolling interest in subsidiary | 69 | 91 | 47 | 36 | 49 | |
| Total equity | 4,729 | 4,645 | 5,073 | 3,861 | 2,683 | |
| Total liabilities and equity | 15,227 | 15,449 | 16,329 | 7,730 | 6,389 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation | 1,039 | 1,036 | 868 | 410 | 407 | |
| Amortization of intangible assets | 316 | 324 | 290 | 91 | 88 | |
| Stock-based compensation expense | 81 | 80 | 84 | 84 | 87 | |
| Disposition of fixed assets losses, ground network (FY25) and satellite (FY24) impairment, net | 23 | 153 | 975 | 46 | 47 | |
| Gain on sale of equity interest in unconsolidated affiliate | −168 | — | — | — | — | |
| Deferred income taxes and other non-cash adjustments | 56 | −107 | −111 | 381 | −12 | |
| Accounts receivable | −58 | −60 | −69 | −128 | −60 | |
| Inventories | 13 | 33 | −13 | −73 | −2 | |
| Other assets | −7 | 18 | 46 | 1 | 27 | |
| Accounts payable | 37 | 40 | −41 | 36 | 25 | |
| Accrued liabilities | 63 | 7 | −142 | 184 | −49 | |
| Other liabilities | 179 | −187 | −139 | −51 | −50 | |
| Net cash provided by (used in) operating activities | 1,590 | 908 | 688 | 368 | 506 | |
| Purchase of property, equipment and satellites, and other assets | −993 | −1,030 | −1,539 | −1,164 | −990 | |
| Proceeds from insurance claims on satellites | 10 | 252 | 509 | — | — | |
| Proceeds from sale of equity interest in unconsolidated affiliate | 203 | — | — | — | — | |
| Payment related to acquisition of business, net of cash acquired | — | — | −343 | — | −140 | |
| Proceeds from sale of short-term investments | — | — | 164 | — | — | |
| Payments to acquire short-term investments | — | — | −82 | — | — | |
| Other investing activities | 21 | 20 | — | — | — | |
| Net cash provided by (used in) investing activities | −759 | −758 | −1,291 | 768 | −1,130 | |
| Payments on debt borrowings | −809 | −2,391 | −567 | −576 | −610 | |
| Proceeds from debt borrowings | 176 | 1,975 | 1,737 | 540 | 1,266 | |
| Payments of debt issuance costs | −3 | −36 | −53 | −2 | −6 | |
| Distributions to minority shareholders | −60 | — | — | — | — | |
| Purchase of common stock in treasury (immediately retired) related to tax withholdings for stock-based compensation | −18 | −6 | −12 | −16 | −23 | |
| Proceeds from issuance of common stock under equity plans | 18 | 18 | 19 | 22 | 21 | |
| Other financing activities | 1 | −3 | 448,000 | −3 | −3 | |
| Net cash provided by (used in) financing activities | −694 | −443 | 1,124 | −66 | 644 | |
| Effect of exchange rate changes on cash | −2 | 4 | 275,000 | −843,000 | — | |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 135 | −289 | 522 | 1,069 | 15 | |
| Cash paid for interest (net of amounts capitalized) | 327 | 390 | 229 | 11 | 15 | |
| Cash paid for income taxes, net | 81 | 196 | 201 | 16 | 17 | |
| Issuance of common stock in satisfaction of certain accrued employee compensation liabilities | 28 | 28 | 31 | 28 | 24 | |
| Capital expenditures not paid for during the period | 42 | — | 5 | 73 | 68 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is VIASAT INC's CIK number?
VIASAT INC's SEC CIK number is 0000797721 (797721). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find VIASAT INC's SEC filings?
All of VIASAT INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did VIASAT INC last report earnings?
VIASAT INC (VSAT) most recently filed an earnings 8-K with the SEC on May 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-245304). This is VIASAT INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is VIASAT INC's most recent earnings 8-K?
VIASAT INC's latest earnings 8-K (Item 2.02) was filed May 28, 2026 under accession 0001193125-26-245304. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View VIASAT INC's latest earnings 8-K →
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