VSAT

Updated: Mar 12, 2026 11:30 AM

ViaSat Inc

Market Cap: $6.30B P/S: 5x Ownership — Insider: 5.8% | Institutional: 95.5% | Retail: -1.3% TECHNOLOGY COMMUNICATION EQUIPMENT

Viasat, Inc. provides worldwide broadband and communications products and services. The company is headquartered in Carlsbad, California.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        20/20 dates (100%)
  ✅ grossProfit                         20/20 dates (100%)
  ✅ netIncome                           20/20 dates (100%)

Plot for VSAT (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -4.52B                    -2.26B                     0.00B                     2.26B                     4.52B
               |                         |                         |                         |                         |

  2006-03-31 |                                                     |  0.43B
  2007-03-31 |                                                     |  0.52B
  2008-03-31 |                                                     |  0.57B
  2009-03-31 |                                                     |  0.63B
  2010-03-31 |                                                     |  0.69B
  2011-03-31 |                                                     |  0.80B
  2012-03-31 |                                                     |  0.86B
  2013-03-31 |                                                    |  1.12B
  2014-03-31 |                                                    |  1.35B
  2015-03-31 |                                                     |  1.38B
  2016-03-31 |                                                     |  1.42B
  2017-03-31 |                                                     |  1.56B
  2018-03-31 |                                                    |  1.59B
  2019-03-31 |                                                    |  2.07B
  2020-03-31 |                                                    |  2.31B
  2021-03-31 |                                                     |  1.92B
  2022-03-31 |                                                    |  2.42B
  2023-03-31 |                                                     |  2.56B
  2024-03-31 |                                         |  4.28B
  2025-03-31 |                                              | 4.52B

               |                         |                         |                         |                         |
               -4.52B                    -2.26B                     0.00B                     2.26B                     4.52B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              20/20 dates (100%)
  ✅ sellingGeneralAndAdministrative     20/20 dates (100%)
  ✅ costofGoodsAndServicesSold          20/20 dates (100%)

Plot for VSAT (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.76B                     1.51B                     2.27B                     3.03B
               |                         |                         |                         |                         |

  2006-03-31 |  0.33B
  2007-03-31 |  0.38B
  2008-03-31 |  0.41B
  2009-03-31 |  0.45B
  2010-03-31 |  0.48B
  2011-03-31 |  0.55B
  2012-03-31 |  0.64B
  2013-03-31 |  0.85B
  2014-03-31 |  0.99B
  2015-03-31 |  0.96B
  2016-03-31 |  0.98B
  2017-03-31 |  1.05B
  2018-03-31 |  1.12B
  2019-03-31 |  1.54B
  2020-03-31 |  1.61B
  2021-03-31 |  1.36B
  2022-03-31 |  1.71B
  2023-03-31 |  1.83B
  2024-03-31 |  2.90B
  2025-03-31 |  3.03B

               |                         |                         |                         |                         |
               0.00B                     0.76B                     1.51B                     2.27B                     3.03B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         20/20 dates (100%)
  ⚠️  shortLongTermDebtTotal              17/20 dates (85%)
  ✅ operatingCashflow                   20/20 dates (100%)

Plot for VSAT (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                     1.91B                     3.82B                     5.73B                     7.64B
               |                         |                         |                         |                         |

  2006-03-31 |  0.05B ⊗
  2007-03-31 |  0.10B
  2008-03-31 |  0.13B ⊗
  2009-03-31 |  0.06B ⊗
  2010-03-31 |  0.33B
  2011-03-31 |  0.34B
  2012-03-31 |  0.55B
  2013-03-31 |  0.59B
  2014-03-31 |  0.69B
  2015-03-31 |  0.81B
  2016-03-31 |  0.95B
  2017-03-31 |  0.85B
  2018-03-31 |  1.02B
  2019-03-31 |  1.41B
  2020-03-31 |  2.18B
  2021-03-31 |  2.20B
  2022-03-31 |  2.85B
  2023-03-31 |  2.78B
  2024-03-31 |  7.64B
  2025-03-31 |  7.52B

               |                         |                         |                         |                         |
               0.00B                     1.91B                     3.82B                     5.73B                     7.64B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   20/20 dates (100%)
  ✅ capitalExpenditures                 20/20 dates (100%)

Plot for VSAT (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                     0.38B                     0.77B                     1.15B                     1.54B
               |                         |                         |                         |                         |

  2006-03-31 |  0.05B
  2007-03-31 |  0.07B
  2008-03-31 |  0.05B
  2009-03-31 |  0.13B
  2010-03-31 |  0.15B
  2011-03-31 |  0.22B
  2012-03-31 |  0.23B
  2013-03-31 |  0.20B
  2014-03-31 |  0.35B
  2015-03-31 |  0.42B
  2016-03-31 |  0.45B
  2017-03-31 |  0.59B
  2018-03-31 |  0.58B
  2019-03-31 |  0.69B
  2020-03-31 |  0.76B
  2021-03-31 |  0.89B
  2022-03-31 |  0.99B
  2023-03-31 |  1.16B
  2024-03-31 |  1.54B
  2025-03-31 |  1.03B

               |                         |                         |                         |                         |
               0.00B                     0.38B                     0.77B                     1.15B                     1.54B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         20/20 dates (100%)
  ✅ totalLiabilities                    20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for VSAT (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     4.08B                     8.16B                    12.25B                    16.33B
               |                         |                         |                         |                         |

  2006-03-31 |  0.37B
  2007-03-31 |  0.48B
  2008-03-31 |  0.55B
  2009-03-31 |  0.62B
  2010-03-31 |  1.29B
  2011-03-31 |  1.41B
  2012-03-31 |  1.73B
  2013-03-31 |  1.79B
  2014-03-31 |  1.96B
  2015-03-31 |  2.16B
  2016-03-31 |  2.41B
  2017-03-31 |  2.95B
  2018-03-31 |  3.41B
  2019-03-31 |  3.92B
  2020-03-31 |  4.88B
  2021-03-31 |  5.35B
  2022-03-31 |  6.39B
  2023-03-31 |  7.73B
  2024-03-31 |  16.33B
  2025-03-31 |  15.45B

               |                         |                         |                         |                         |
               0.00B                     4.08B                     8.16B                    12.25B                    16.33B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           20/20 dates (100%)
  ⚠️  shortLongTermDebtTotal              17/20 dates (85%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for VSAT (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -7.64B                    -3.82B                     0.00B                     3.82B                     7.64B
               |                         |                         |                         |                         |

  2006-03-31 |                                                     |  0.26B ⊗
  2007-03-31 |                                                     |  0.35B
  2008-03-31 |                                                     |  0.40B ⊗
  2009-03-31 |                                                     |  0.46B ⊗
  2010-03-31 |                                                     |  0.75B
  2011-03-31 |                                                     |  0.84B
  2012-03-31 |                                                     |  0.89B
  2013-03-31 |                                                    |  0.90B
  2014-03-31 |                                                    |  0.94B
  2015-03-31 |                                                     |  1.04B
  2016-03-31 |                                                     |  1.13B
  2017-03-31 |                                                     |  1.73B
  2018-03-31 |                                                    |  1.84B
  2019-03-31 |                                                    |  1.91B
  2020-03-31 |                                                    |  2.18B
  2021-03-31 |                                                     |  2.35B
  2022-03-31 |                                                    |  2.85B
  2023-03-31 |                                                     |  3.82B
  2024-03-31 |                                              | 7.64B
  2025-03-31 |                                                 |  7.52B

               |                         |                         |                         |                         |
               -7.64B                    -3.82B                     0.00B                     3.82B                     7.64B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for VSAT (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -1.23B                    -0.61B                     0.00B                     0.61B                     1.23B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  0.59B
  2020-03-31 |                                                     |  0.59B
  2020-06-30 |                                                    |  0.53B
  2020-09-30 |                                                     |  0.55B
  2020-12-31 |                                                     |  0.58B
  2021-03-31 |                                                     |  0.60B
  2021-06-30 |                                                     |  0.57B
  2021-09-30 |                                                     |  0.61B
  2021-12-31 |                                                    |  0.63B
  2022-03-31 |                                                    |  0.61B
  2022-06-30 |                                                    |  0.58B
  2022-09-30 |                                                   |  0.66B
  2022-12-31 |                                                   |  0.65B
  2023-03-31 |                                                     |  1.20B
  2023-06-30 |                                                  |  0.78B
  2023-09-30 |                    | 1.23B
  2023-12-31 |                                                |  1.13B
  2024-03-31 |                                                 |  1.15B
  2024-06-30 |                                                    |  1.13B
  2024-09-30 |                                               |  1.12B
  2024-12-31 |                                              |  1.12B
  2025-03-31 |                                           |  1.15B
  2025-06-30 |                                                   |  1.17B
  2025-09-30 |                                                  |  1.14B
  2025-12-31 |                                                     |  1.16B

               |                         |                         |                         |                         |
               -1.23B                    -0.61B                     0.00B                     0.61B                     1.23B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for VSAT (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.29B                     0.57B                     0.86B                     1.15B
               |                         |                         |                         |                         |

  2019-12-31 |  0.40B
  2020-03-31 |  0.41B
  2020-06-30 |  0.39B
  2020-09-30 |  0.39B
  2020-12-31 |  0.39B
  2021-03-31 |  0.40B
  2021-06-30 |  0.39B
  2021-09-30 |  0.43B
  2021-12-31 |  0.44B
  2022-03-31 |  0.44B
  2022-06-30 |  0.42B
  2022-09-30 |  0.44B
  2022-12-31 |  0.48B
  2023-03-31 |  0.49B
  2023-06-30 |  0.54B
  2023-09-30 |  1.15B
  2023-12-31 |  0.77B
  2024-03-31 |  0.82B
  2024-06-30 |  0.71B
  2024-09-30 |  0.78B
  2024-12-31 |  0.76B
  2025-03-31 |  0.78B
  2025-06-30 |  0.76B
  2025-09-30 |  0.76B
  2025-12-31 |  0.84B

               |                         |                         |                         |                         |
               0.00B                     0.29B                     0.57B                     0.86B                     1.15B

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for VSAT (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                     2.32B                     4.63B                     6.95B                     9.26B
               |                         |                         |                         |                         |

  2019-12-31 |  1.90B
  2020-03-31 |  2.18B
  2020-06-30 |  2.17B
  2020-09-30 |  2.21B
  2020-12-31 |  2.19B
  2021-03-31 |  2.20B
  2021-06-30 |  2.51B
  2021-09-30 |  2.50B
  2021-12-31 |  2.55B
  2022-03-31 |  2.85B
  2022-06-30 |  3.00B
  2022-09-30 |  3.03B
  2022-12-31 |  3.27B
  2023-03-31 |  2.78B
  2023-06-30 |  7.76B
  2023-09-30 |  7.75B
  2023-12-31 |  7.74B
  2024-03-31 |  7.64B
  2024-06-30 |  7.63B
  2024-09-30 |  9.26B
  2024-12-31 |  7.52B
  2025-03-31 |  7.52B
  2025-06-30 |  7.09B
  2025-09-30 |  7.08B
  2025-12-31 |  7.22B

               |                         |                         |                         |                         |
               0.00B                     2.32B                     4.63B                     6.95B                     9.26B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for VSAT (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00M                    181.72M                   363.44M                   545.17M                   726.89M
               |                         |                         |                         |                         |

  2019-12-31 |  232.84M
  2020-03-31 |  163.24M
  2020-06-30 |  229.26M
  2020-09-30 |  217.58M
  2020-12-31 |  242.95M
  2021-03-31 |  182.44M
  2021-06-30 |  260.91M
  2021-09-30 |  214.07M
  2021-12-31 |  237.27M
  2022-03-31 |  278.06M
  2022-06-30 |  270.86M
  2022-09-30 |  283.96M
  2022-12-31 |  295.93M
  2023-03-31 |  313.57M
  2023-06-30 |  374.93M
  2023-09-30 |  365.74M
  2023-12-31 |  420.83M
  2024-03-31 |  377.89M
  2024-06-30 |  301.02M
  2024-09-30 |  239.19M
  2024-12-31 |  252.63M
  2025-03-31 |  298.44M
  2025-06-30 |  258.46M
  2025-09-30 |  282.24M
  2025-12-31 |  726.89M

               |                         |                         |                         |                         |
               0.00M                    181.72M                   363.44M                   545.17M                   726.89M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for VSAT (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     4.47B                     8.95B                    13.42B                    17.90B
               |                         |                         |                         |                         |

  2019-12-31 |  4.51B
  2020-03-31 |  4.88B
  2020-06-30 |  4.90B
  2020-09-30 |  5.20B
  2020-12-31 |  5.25B
  2021-03-31 |  5.35B
  2021-06-30 |  5.99B
  2021-09-30 |  5.99B
  2021-12-31 |  6.09B
  2022-03-31 |  6.39B
  2022-06-30 |  6.48B
  2022-09-30 |  6.51B
  2022-12-31 |  6.80B
  2023-03-31 |  7.73B
  2023-06-30 |  17.90B
  2023-09-30 |  17.07B
  2023-12-31 |  16.65B
  2024-03-31 |  16.33B
  2024-06-30 |  16.09B
  2024-09-30 |  17.75B
  2024-12-31 |  15.60B
  2025-03-31 |  15.45B
  2025-06-30 |  14.90B
  2025-09-30 |  14.76B
  2025-12-31 |  14.91B

               |                         |                         |                         |                         |
               0.00B                     4.47B                     8.95B                    13.42B                    17.90B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for VSAT (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -9.26B                    -4.63B                     0.00B                     4.63B                     9.26B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  2.01B
  2020-03-31 |                                                     |  2.18B
  2020-06-30 |                                                    |  2.17B
  2020-09-30 |                                                     |  2.28B
  2020-12-31 |                                                     |  2.32B
  2021-03-31 |                                                     |  2.35B
  2021-06-30 |                                                     |  2.62B
  2021-09-30 |                                                     |  2.63B
  2021-12-31 |                                                    |  2.63B
  2022-03-31 |                                                    |  2.85B
  2022-06-30 |                                                    |  3.00B
  2022-09-30 |                                                    |  3.03B
  2022-12-31 |                                                    |  3.27B
  2023-03-31 |                                                     |  3.82B
  2023-06-30 |                                                    |  7.76B
  2023-09-30 |                                                 |  7.75B
  2023-12-31 |                                                    |  7.74B
  2024-03-31 |                                                    |  7.64B
  2024-06-30 |                                                    |  7.63B
  2024-09-30 |                                                    | 9.26B
  2024-12-31 |                                                    |  7.52B
  2025-03-31 |                                                    |  7.52B
  2025-06-30 |                                                    |  7.09B
  2025-09-30 |                                                    |  7.08B
  2025-12-31 |                                                     |  7.22B

               |                         |                         |                         |                         |
               -9.26B                    -4.63B                     0.00B                     4.63B                     9.26B

Price History

Volume

Advanced Chart