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VSAT · NasdaqGS

Viasat, Inc.

Communication Equipment · United States

USD 76.384.6% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$10.52B
Trailing P/E
Forward P/E
458.27x
Quarterly revenue growth
-1.2%
Trailing net margin
-0.6%
Indicated dividend yield

Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).

Company background

Viasat, Inc. engages in the provision of broadband and communications products and services in the United States and internationally. It operates in segments, Communication Services; and Defense and Advanced Technologies. It 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. The company 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, it 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, the company 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.

Company website

Q1 FY2027

Go beyond the headline.

Viasat (VSAT) Q1 FY2027 Earnings: The Capex Cliff Did Not Arrive

Published 2026-08-08

Comparable businesses

VSAT peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricVSATViasat, Inc.Snapshot 2026-09-20Financial period: 2026-06-30ZBRAZebra Technologies CorporationSnapshot 2026-09-20Financial period: 2026-07-04AAOIApplied Optoelectronics, Inc.Snapshot 2026-09-20Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$10.52BUS$16.40BUS$8.93BUS$12.66Bn=2
Forward P/EProvider forward earnings estimate458.27x15.61x22.85x19.23xn=2
EV / EBITDAEnterprise value / trailing EBITDA11.34x16.22x
Revenue growthLatest quarter vs prior-year quarter-1.2%20.4%86.4%53.4%n=2
Operating marginLatest reported quarter4.4%21.3%-12.9%4.2%n=2
Free cash flow yieldTrailing cash flow / market cap2.4%3.5%-9.9%-3.2%n=2
Net debt / EBITDANet debt / trailing EBITDA3.73x2.37x
Debt / equityTotal debt / positive book equity1.47x0.86x0.18x0.52xn=2
Trailing P/ETrailing twelve-month earnings31.74x
Price / bookPrice / positive book equity per share2.24x4.78x5.32x5.05xn=2
EV / salesEnterprise value / trailing revenue3.41x3.28x14.59x8.94xn=2
Earnings growthLatest quarter vs prior-year quarter121.5%
Gross marginTrailing twelve months33.2%49.6%28.9%39.2%n=2
Net marginTrailing twelve months-0.6%9.2%-9.6%-0.2%n=2
Return on equityProvider trailing return; positive equity only0.2%15.3%-5.4%4.9%n=2
Free cash flow marginTrailing free cash flow / revenue5.4%9.9%-148.8%-69.5%n=2
Dividend yieldIndicated annual dividend / price
Earnings payoutProvider trailing dividend payout0.0%0.0%0.0%0.0%n=2
Current ratioCurrent assets / current liabilities1.68x0.52x2.78x1.65xn=2
BetaProvider historical market sensitivity1.701.613.782.69n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for VSAT

All available reporting periods
Q1 FY20272026-08-08
Q4 FY20262026-05-28

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.