VSAT · XBRL financial data
Viasat financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (VSAT's year ends in late March)
| In millions of dollars | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 2,256 | 2,788 | 2,556 | 4,284 | 4,520 | 4,640 |
| Research and development | 116 | 153 | 129 | 151 | 142 | 165 |
| Selling, general and administrative | 512 | 657 | 719 | 1,894 | 1,181 | 999 |
| Total operating expenses | — | — | 2,682 | 4,946 | 4,353 | 4,271 |
| Operating income (loss) | 58 | 8 | (156) | (890) | (97) | 108 |
| Interest expense | 33 | 29 | 27 | 400 | 422 | 360 |
| Other income (expense) | — | 4 | 1 | 0 | (10) | 163 |
| Income tax expense (benefit) | 9 | (14) | 49 | (139) | (1) | 116 |
| Net income (loss) | 4 | (16) | 1,085 | (1,069) | (575) | (34) |
| Earnings per share, basic USD per share | 0.06 | (0.21) | 14.29 | (9.12) | (4.48) | (0.25) |
| Earnings per share, diluted USD per share | 0.06 | (0.21) | 14.29 | (9.12) | (4.48) | (0.25) |
| Weighted average shares, basic millions of shares | 66 | 73 | 76 | 117 | 128 | 135 |
| Weighted average shares, diluted millions of shares | 67 | 73 | 76 | 117 | 128 | 135 |
Balance sheet
CSVFiscal years (VSAT's year ends in late March)
| In millions of dollars | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 296 | 310 | 1,349 | 1,901 | 1,612 | 1,747 |
| Accounts receivable | 239 | 359 | 420 | 678 | 700 | 753 |
| Inventory | 337 | 342 | 269 | 318 | 294 | 281 |
| Prepaid and other current assets | 120 | 148 | 177 | 582 | 282 | 343 |
| Total current assets | 991 | 1,159 | 2,245 | 3,479 | 2,888 | 3,124 |
| Property and equipment, net | 3,050 | 3,742 | 4,378 | 7,557 | 7,406 | 7,273 |
| Right-of-use asset | 340 | 356 | 282 | 393 | 416 | 428 |
| Goodwill | 122 | 190 | 159 | 1,622 | 1,622 | 1,625 |
| Total assets | 5,349 | 6,389 | 7,730 | 16,329 | 15,449 | 15,227 |
| Accounts payable | 145 | 219 | 272 | 287 | 264 | 288 |
| Current portion of long-term debt | 30 | 35 | 38 | 58 | 504 | 58 |
| Total current liabilities | 708 | 770 | 957 | 1,296 | 1,677 | 1,297 |
| Lease liability, non-current | 314 | 328 | 273 | 380 | 414 | 430 |
| Total liabilities | 2,962 | 3,707 | 3,870 | 11,257 | 10,804 | 10,497 |
| Retained earnings (accumulated deficit) | 249 | 234 | 1,318 | 249 | (326) | (360) |
| Total stockholders' equity | 2,351 | 2,634 | 3,824 | 5,025 | 4,554 | 4,660 |
| Total liabilities and equity | 5,349 | 6,389 | 7,730 | 16,329 | 15,449 | 15,227 |
| Common shares outstanding (cover page) millions of shares | 73 | 74 | 77 | 126 | 130 | 137 |
Cash flows
CSVFiscal years (VSAT's year ends in late March)
| In millions of dollars | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|---|---|
| Net income (loss) | 4 | (16) | 1,085 | (1,069) | (575) | (34) |
| Stock-based compensation | 85 | 87 | 84 | 84 | 80 | 81 |
| Net cash from operating activities | 727 | 506 | 368 | 688 | 908 | 1,590 |
| Purchases of property and equipment | 827 | 938 | 1,077 | — | — | — |
| Net cash from investing activities | (885) | (1,130) | 768 | (1,291) | (758) | (759) |
| Proceeds from long-term debt | 400 | 1,266 | 540 | 1,737 | 1,975 | 176 |
| Repayments of long-term debt | 421 | 610 | 576 | 567 | 2,391 | 809 |
| Net cash from financing activities | 150 | 644 | (66) | 1,124 | (443) | (694) |
| Net change in cash | (8) | 15 | 1,069 | 522 | (289) | 135 |
Compare with peers
SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Viasat | 1,736 | 1,157 | 261 | 137.8M | 10-QJun 30, 2026 |
| EchoStar | 13,437 | 1,128 | 113* | not reported | 10-QSep 30, 2026 |
| Iridium Communications | 98 | 246 | 96* | 106.2M | 10-QSep 30, 2026 |
| Cogent Communications Holdings | 184 | not reported | 3.2* | 51.2M | 10-QJun 30, 2026 |
| Calix | 56 | 302 | 6.3* | 61.8M | 10-QSep 26, 2026 |
| AST SpaceMobile | 2,288 | not reported | (97)* | not reported | 10-QJun 30, 2026 |
| Gogo | 63 | 223 | 32* | 135.5M | 10-QJun 30, 2026 |
| Globalstar | 410 | 65 | 125* | not reported | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.