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Nasdaq · Communication Services

VIASAT INC (VSAT)

As-reported financials and SEC filings for VIASAT INC. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About VIASAT INC

Viasat Inc provides global communications technologies and services using its own satellite fleet and partnerships with other satellite operators. The company offers broadband and narrowband connectivity solutions for aviation, maritime, enterprise, consumer, military, and government customers worldwide. Its services include in-flight connectivity for aircraft, satellite communications for government and military users, maritime broadband services, and fixed broadband internet for residential and business users.

Snapshot

Revenue
$4.64B
Revenue growth (YoY)
2.7%
Net income
$-34.1M
Diluted EPS
$-0.25
Gross margin
Operating margin
2.3%
Net margin
-0.7%
FCF margin
ROE
-0.7%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$9.27B
Long-term debt / equity
1.35×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Viasat

  • Revenue grew 2.7% to $4.6B in FY2026, slower than the 5.5% the year before.
  • Operating margin turned positive at 2.3% in FY2026, from a 4.7% operating loss in FY2022.
  • Most recent quarter Q1 FY2027: revenue $1.2B, down 1.2% from Q1 FY2026.
  • Net loss narrowed to $34M in FY2026, from $575M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Viasat’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin2.3%
50th percentile of 185
Net margin-0.7%
45th percentile of 191
Revenue growth (YoY)+2.7%
49th percentile of 209
ROE-0.7%
45th percentile of 165
Long-term debt / equity1.35×
67th percentile of 101
Short interest4.80d
67th percentile of 216

No reported insider purchases (code P) in the last 90 days; 24 insider sales totaling $47.8M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
5
2 new, 3 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$146.9M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$59.8M665.9KAdded
AQR Capital ManagementquantQ2 2026$27.4M332.4KReduced
Point72 Asset ManagementquantQ2 2026$21.8M242.2KAdded
D. E. ShawquantQ2 2026$15.9M176.5KReduced
Bridgewater AssociatesQ2 2026$12.2M135.5KAdded
Millennium ManagementquantQ2 2026$4.4M48.8KNew
Renaissance TechnologiesquantQ2 2026$3.4M37.3KNew
Gotham Asset ManagementQ2 2026$1.5M16.6KReduced
Two Sigma InvestmentsquantQ2 2026$724,6778.1KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
24
$47.8M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-20
filed 2026-08-24
Chase Garrett L.SVP, Chief Financial OfficerSell2.0K$75.35$154K
2026-08-20
filed 2026-08-24
Chase Garrett L.SVP, Chief Financial OfficerSell2.0K$74.45$146K
2026-08-07
filed 2026-08-11
BALDRIDGE RICHARD ADirectorSell87.2K$80.35$7.0M
2026-08-07
filed 2026-08-11
BALDRIDGE RICHARD ADirectorSell79.8K$80.40$6.4M
2026-08-07
filed 2026-08-11
BALDRIDGE RICHARD ADirectorSell56.5K$81.34$4.6M
2026-08-07
filed 2026-08-11
Blair Robert JamesSVP, General CounselSell27.1K$79.76$2.2M
2026-08-04
filed 2026-08-06
WISE THERESADirectorSell2.5K$84.69$212K
2026-08-03
filed 2026-08-05
Palmer Benjamin EdwardSVP, Pres CommercialSell2.4K$75.46$181K
2026-08-03
filed 2026-08-05
STENBIT JOHN PDirectorSell616$75.46$46K
2026-07-20
filed 2026-07-22
Chase Garrett L.SVP, Chief Financial OfficerSell1.9K$73.03$139K
2026-07-20
filed 2026-07-22
Chase Garrett L.SVP, Chief Financial OfficerSell1.0K$72.25$72K
2026-07-20
filed 2026-07-22
Chase Garrett L.SVP, Chief Financial OfficerSell1.0K$70.55$71K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
11.2M
settled 2026-08-14
Change vs prior
-4.5%
vs previous settlement
Days to cover
4.80
at avg daily volume
Avg daily volume
2.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1411.2M-4.5%4.80
2026-07-3111.7M-4.2%6.07
2026-07-1512.3M+3.7%4.56
2026-06-3011.8M+8.0%3.49
2026-06-1510.9M+16.0%3.39
2026-05-299.4M-6.1%3.13
2026-05-1510.0M+0.4%7.32
2026-04-3010.0M+3.5%6.33

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$4.64B$4.52B$4.28B$2.56B$2.42B
Gross profit
Operating income$108.1M$-97.5M$-889.8M$-156.0M$-113.1M
Net income$-34.1M$-575.0M$-1.07B$1.08B$-15.5M
Diluted EPS$-0.25$-4.48$-9.12$14.29$-0.21

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$1.59B$908.2M$688.2M$367.9M$505.6M
Capital expenditure$1.08B$938.3M
Free cash flow$-709.1M$-432.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$1.16B-1.2%$-51.7M$-0.38
Q4 FY2026$1.17B2.1%$58.8M$0.43
Q3 FY2026$1.16B3.0%$25.0M$0.18
Q2 FY2026$1.14B1.7%$-61.4M$-0.45
Q1 FY2026$1.17B4.0%$-56.4M$-0.43
Q4 FY2025$1.15B-0.3%$-246.1M$-1.89
Q3 FY2025$1.12B-0.4%$-158.4M$-1.23
Q2 FY2025$1.12B-8.4%$-137.6M$-1.07

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryCommunications Services, NEC
Latest annual periodFY2026 (ended March 31, 2026)
Latest reported quarterQ1 FY2027 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK797721

Selected SEC filings

10-K2026-05-29
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-05-28
View on EDGAR →
8-K2026-05-07
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.