# Viasat Inc. (VSAT)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $8.40B  
**Price:** $61.50 (-3.82%)

> Viasat Inc. is a global communications company that provides satellite-based connectivity and network services to government, commercial, and consumer customers. The company operates through two primary segments: communication services and defense and advanced technologies. Its communication services segment delivers broadband and narrowband connectivity for residential users, in-flight Wi‑Fi for commercial airlines, maritime vessels, enterprise networks, and government mobility applications, using high-capacity satellite systems and ground infrastructure. Viasat Inc. also supports secure networking and operational communications for government and defense organizations. Through its defense and advanced technologies segment, the company develops and supplies encryption solutions, cybersecurity technologies, tactical data links, gateways, modems, and specialized waveforms that enable resilient, secure communications in demanding environments. Headquartered in Carlsbad, California, Viasat Inc. plays a significant role in the telecommunications equipment and satellite services market by combining space-based assets with ground networks to deliver high-throughput connectivity across geographically dispersed and hard-to-reach locations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $4.64B | $1.53B | $108M | $4M | $-0.25 |
| 2025 | $4.52B | $1.49B | -$97M | -$531M | $-4.48 |
| 2024 | $4.28B | $1.38B | -$890M | -$1.06B | $-9.12 |
| 2023 | $2.56B | $721M | -$156M | $1.09B | $14.29 |
| 2022 | $2.42B | $706M | -$113M | -$2M | $-0.21 |
| 2021 | $1.92B | $565M | -$46M | $17M | $0.05 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $15.23B | $10.50B | $4.73B | $1.75B | $6.82B |
| 2025 | $15.45B | $10.80B | $4.64B | $1.61B | $6.95B |
| 2024 | $16.33B | $11.26B | $5.07B | $1.90B | $7.51B |
| 2023 | $7.73B | $3.87B | $3.86B | $1.35B | $2.69B |
| 2022 | $6.39B | $3.71B | $2.68B | $310M | $2.77B |
| 2021 | $5.35B | $2.96B | $2.39B | $296M | $2.12B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $1.66B | -$993M | $597M |
| 2025 | $648M | -$1.03B | -$122M |
| 2024 | -$146M | -$1.54B | -$851M |
| 2023 | $1.84B | -$1.16B | -$796M |
| 2022 | $496M | -$990M | -$485M |
| 2021 | $541M | -$827M | -$158M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VSAT)