Viasat Inc.

VSAT Technology Communication Equipment

Viasat Inc.’s revenue for fiscal 2026 (year ended March 2026) was $4.6 billion, up 2.67% from fiscal 2025. In the quarter to June 2026, revenue fell 1.24%, EPS grew 11.6%, free cash flow fell 31.1% and total debt fell 2.16%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

58.83 2.67 −4.34%
Market cap
$8.5B
P/E
0.0×
Fwd P/E
−54.1×
Dividend yield
—
F-score
6/9
Altman Z
0.79
Beneish M
−2.87
Dividend safety
31/100

Insider Decisions trades per month

Total sells 70.98
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 2 3 3 1 4 1 1 7 3 6 1 2
Insider Ownership 4.49%

Capital & Financial Ratios $m

Market Cap 8,470.00
Revenue 4,625.77
Net Income 8.86
Free Cash Flow 578.29
Net Debt 4,706.58
Current Ratio 1.68 (at or above 1.5: strong)
Debt/Equity 1.37
P/E ratio 0.00
Fwd P/E (54.10) (negative: loss-making)
P/S ratio 1.74
P/B ratio 1.71
Past 5Y EPS Growth —
This Y EPS Growth (468.00%) (below 0%: weak)
Next Y EPS Growth (1.39%) (below 0%: weak)
Next Y revenue growth 4.52%
Next 5Y EPS Growth (21.31%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 53.63%
10-year low 10-year high
P/B against its own 10 years 56.62%
10-year low 10-year high
EV/Sales against its own 10 years 65.98%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2018 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 1,901 1,612 1,747 1,736
Receivables 678 700 753 744
Inventory 318 294 281 294
Other — — — —
3,479 2,888 3,124 3,105
2024 2025 2026 Q'26
Payables 287 264 288 289
ST’ Debt 58 504 58 662
Other — — — —
1,296 1,677 1,297 1,853

Compound Annual Growth %

10y 5y 3y
Sales 12.59% 19.29% 21.99%
Cash Flow 18.27% 16.93% 62.89%
Earnings 0.00% 0.00% 0.00%
Book Value 15.35% 14.65% 7.00%

Revenue $m

Jun Sep Dec Mar Year
’26 1,157 — — — —
’26 1,171 1,141 1,157 1,171 4,640
’25 1,126 1,122 1,124 1,147 4,520
’24 780 1,225 1,129 1,150 4,284
’23 575 664 651 666 2,556
’22 665 609 625 518 2,417
’21 530 554 576 261 1,921
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 261 — — — —
’26 258 282 727 322 1,590
’25 151 239 219 298 908
’24 104 219 134 232 688
’23 40 188 89 50 368
’22 65 163 159 119 506
’21 157 177 224 170 727
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 42 — — — —
’26 60 69 444 24 597
’25 (150) 10 (33) 51 (122)
’24 (271) (147) (287) (146) (851)
’23 (255) (142) (275) (351) (884)
’22 (196) (51) (79) (211) (537)
’21 (72) (54) (19) (13) (158)
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 (0.38) — — — —
’26 (0.43) (0.45) 0.18 0.41 (0.25)
’25 (0.26) (1.07) (1.23) (1.89) (4.48)
’24 (0.83) (6.16) (0.99) (0.80) (9.12)
’23 (0.29) (0.64) (0.55) 15.56 14.29
’22 0.23 0.04 (0.09) (0.39) (0.21)
’21 (0.20) 0.03 0.10 0.11 0.06
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 57.75 55.93 56.64 25.10 31.16 25.38 15.02 6.69 7.36 34.76

Analyst estimates 2027–2029

Powerpack
High 75.88 80.26 97.31 74.05 68.76 52.72 47.35 29.11 43.59 93.03
People
People Employees 4,300 5,200 5,600 6,100 5,800 7,000 6,800 7,500 7,000 7,000
Revenue/emp, $m 0.36 0.31 0.37 0.38 0.33 0.35 0.38 0.57 0.65 0.66
Income, $m
Income, $m Revenue 1,559 1,595 2,068 2,309 1,921 2,417 2,556 4,284 4,520 4,640
Gross margin, % 32.73 29.71 25.65 30.29 29.42 29.20 28.22 32.25 32.97 33.04
EBT 25 (105) (110) 1 (78) (138) (162) (1,194) (545) 105
EBT margin, % 1.63 (6.61) (5.34) 0.06 (4.07) (5.71) (6.34) (27.87) (12.07) 2.26
Net income 22 (68) (66) 14 17 (2) 1,091 (1,058) (531) 4
Depreciation 246 256 319 342 397 495 500 1,158 1,361 1,354
Per share, $
Per share, $ Revenue 29.81 27.29 34.50 37.47 28.91 32.93 33.67 36.55 35.18 34.44
Earnings 0.45 (1.15) (1.13) 0.00 0.06 (0.21) 14.29 (9.12) (4.48) (0.25)
Cash flow 7.86 6.14 5.46 7.09 10.94 6.89 4.85 5.87 7.07 11.80
Capex (10.67) (10.00) (11.22) (12.35) (13.32) (14.20) (16.49) (13.14) (8.02) (7.37)
Free cash flow (2.81) (3.86) (5.76) (5.26) (2.38) (7.31) (11.64) (7.26) (0.95) 4.43
Book value 33.22 31.62 31.97 33.26 35.93 36.55 50.85 43.28 36.15 35.10
Shares, m 52 58 60 62 66 73 76 117 128 135
Valuation, ×
Valuation, × P/E 141.82 0.00 0.00 0.00 1,201.75 0.00 2.40 0.00 0.00 0.00
P/S 2.14 2.38 2.26 0.96 1.66 1.48 1.01 0.47 0.30 1.33
P/B 1.92 2.05 2.44 1.08 1.34 1.34 0.67 0.40 0.29 1.30
EV/Sales 2.60 2.98 2.82 1.63 2.46 2.38 1.43 1.70 1.50 2.34
EV/FCF (27.64) (21.01) (16.89) (11.60) (29.93) (10.73) (3.57) (6.77) (19.42) 29.32
Cash, $m
Cash, $m Operating cash flow 411 359 328 437 727 506 368 688 908 1,590
Capex (558) (584) (673) (761) (885) (1,042) (1,252) (1,539) (1,030) (993)
Free cash flow (147) (226) (345) (324) (158) (537) (884) (851) (122) 597
Balance, $m
Balance, $m Working capital 289 146 402 441 283 389 1,288 2,183 1,211 1,827
Total debt 849 1,024 1,413 1,851 1,833 2,486 2,459 7,187 7,036 6,449
Net debt 719 952 1,151 1,547 1,537 2,176 1,080 5,286 5,424 4,702
Shareholders’ equity 1,738 1,848 1,916 2,050 2,387 2,683 3,861 5,073 4,645 4,729
Returns, %
Returns, % ROA 0.89 (2.11) (1.85) 0.00 0.07 (0.26) 15.37 (8.89) (3.62) (0.22)
ROIC 0.93 (2.06) (1.24) 0.67 (0.73) (1.46) (1.97) (5.37) (0.61) 0.72
ROE 1.65 (3.75) (3.59) (0.01) 0.17 (0.61) 33.16 (23.93) (11.83) (0.73)
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Viasat Inc. vs peers in Communication Equipment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ZBRA Zebra Technologies Corporation $17.9B 33.5× 18.8× +20.42% (above 0%: growing) +122.27% (above 0%: growing) +52.31% (above 0%: growing) 52.99% 20.62% Compare
ASTS AST SpaceMobile, Inc. $17.3B — (loss-making) — (loss-making) +2,626.64% (above 0%: growing) n/m −103.37% (below 0%: shrinking) 25.23% (944.09%) Compare
VIAV Viavi Solutions Inc. $9.1B — (loss-making) 59.1× +52.53% (above 0%: growing) +250.00% (above 0%: growing) +6,100.00% (above 0%: growing) 59.06% 13.83% Compare
VSAT Viasat Inc. $8.5B — (loss-making) — (loss-making) −1.24% (below 0%: shrinking) n/m −31.14% (below 0%: shrinking) 35.70% 4.09%
AAOI Applied Optoelectronics, Inc. $7.1B — (loss-making) 202× +86.42% (above 0%: growing) n/m −191.62% (below 0%: shrinking) 27.72% (12.88%) Compare
BDC Belden Inc $4.1B 16.5× 18.8× +11.63% (above 0%: growing) +14.29% (above 0%: growing) +55.69% (above 0%: growing) 39.14% 13.23% Compare
ONDS Ondas Holdings Inc. $3.7B — (loss-making) 19.8× +1,235.44% (above 0%: growing) n/m −1,000.26% (below 0%: shrinking) 43.13% (194.51%) Compare
EXTR Extreme Networks, Inc. $3.0B 67.9× 67.1× +10.28% (above 0%: growing) n/m −13.31% (below 0%: shrinking) 62.17% 6.22% Compare
DGII Digi International Inc. $2.7B 53.8× 48.2× +28.98% (above 0%: growing) +50.00% (above 0%: growing) +41.46% (above 0%: growing) 64.85% 16.51% Compare
Median of peers $5.6B 43.6× 48.2× +40.75% +86.14% +14.08% 48.06% 9.73%

All 47 Communication Equipment stocks →

Viasat Inc. (VSAT) key facts

  • Strength: Viasat Inc.’s revenue for fiscal 2026 (year ended March 2026) was $4.6 billion, up 2.67% from fiscal 2025.
  • Viasat Inc. (VSAT) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, VSAT traded at $58.83, a market capitalization of $8.5 billion.
  • Return on equity was −0.73% and debt-to-equity 1.37.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.79 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Viasat Inc. (VSAT) Latest News

14 Oct

9 Sep

Impact 1 · transcript
stockrow.com/VSAT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com