Friday 6 November 2026 Export VSAT’s income statement to Excel — free account

Viasat Inc.

Viasat Inc.’s revenue for fiscal 2026 (year ended March 2026) was $4.6 billion, up 2.67% from fiscal 2025.

Revenue: −1.24%
EPS: +11.6%
Free cash flow: −31.1%
Total debt: −2.16%

Quarter to June 2026, against a year earlier

65.89 6.51 +10.96%

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Market cap: $8.2B
P/E: 0.0×
Fwd P/E: −61.5×
Dividend yield: —
F-score: 6/9
Altman Z: 0.79
Beneish M: −2.87
Dividend safety: 31/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Viasat Inc. (VSAT) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2020: revenue by segment, and margins
Government Systems	1,138	49.28%
Satellite Services	827	35.79%
Commercial Networks	345	14.92%
Gross margin		30.29%
Operating margin		1.66%
Pre-tax margin		0.06%

Revenue by product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Service	3,274 70.57%	3,226 71.37%	3,005 70.14%	1,602 62.67%	1,556 64.39%	1,182 61.51%	1,137 49.22%	976 47.17%	839 52.62%	845 54.22%
Product	1,366 29.43%	1,294 28.63%	1,279 29.86%	954 37.33%	861 35.61%	739 38.49%	1,173 50.78%	1,093 52.83%	756 47.38%	714 45.78%
Revenue	4,640	4,520	4,284	2,556	2,417	1,921	2,309	2,068	1,595	1,559

Gross profit by product or service $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Service	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Product	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Communication Services	3,300 71.11%	3,298 72.98%	3,142 73.34%	1,705 66.69%	—	—	—	—	—	—	—	—	—	—	—	—	—
Defense and Advanced Technologies	1,341 28.89%	1,221 27.02%	1,142 26.66%	851 33.31%	—	—	—	—	—	—	—	—	—	—	—	—	—
Satellite Services	—	—	—	—	1,189 49.18%	869 45.24%	827 35.79%	684 33.08%	589 36.95%	630 40.38%	559 39.45%	500 36.16%	391 28.91%	277 24.74%	223 25.78%	235 29.29%	76 11.02%
Government Systems	—	—	—	—	716 29.63%	731 38.06%	1,138 49.28%	956 46.21%	772 48.42%	685 43.93%	607 42.86%	536 38.74%	565 41.82%	528 47.13%	389 45.07%	384 47.88%	385 55.97%
Commercial Networks	—	—	—	—	512 21.19%	321 16.70%	345 14.92%	428 20.71%	233 14.63%	245 15.69%	251 17.69%	347 25.11%	396 29.27%	315 28.13%	252 29.14%	183 22.83%	227 33.01%
Revenue	4,640	4,520	4,284	2,556	2,417	1,921	2,309	2,068	1,595	1,559	1,417	1,383	1,351	1,120	864	802	688

Operating income by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Defense and Advanced Technologies	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Communication Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Government Systems	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Satellite Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial Networks	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating Segments	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Unallocated Amount to Segment [Member] (Deprecated 2013-01-31)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
U.S. Customers	3,161 68.12%	3,117 68.97%	3,029 70.72%	2,148 84.02%	2,036 84.23%	1,736 90.38%	2,057 89.10%	1,836 88.79%	1,403 88.01%	1,352 86.70%	1,208 85.20%	1,150 83.16%	1,045 77.30%
Non U.S. Customers	1,479 31.88%	1,402 31.03%	1,254 29.28%	409 15.98%	381 15.77%	185 9.62%	252 10.90%	232 11.21%	191 11.99%	207 13.30%	—	—	—
Emea	—	—	—	—	—	—	—	—	—	—	80 5.66%	90 6.51%	128 9.45%
Asia Pacific	—	—	—	—	—	—	—	—	—	—	79 5.59%	81 5.89%	147 10.88%
North America Other Than United States	—	—	—	—	—	—	—	—	—	—	39 2.75%	52 3.74%	26 1.91%
Central And Latin America	—	—	—	—	—	—	—	—	—	—	11 0.80%	10 0.71%	6 0.46%
Revenue	4,640	4,520	4,284	2,556	2,417	1,921	2,309	2,068	1,595	1,559	1,417	1,383	1,351

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q1 FY2027	$4.2B	$3.5B	+20.00%

	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.