14 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 19.3% per year over the past 5 years.
Operating margin has expanded, at 2.3% in the latest year.
Financial health
Total debt has grown faster than revenue (23.1% vs 19.3% per year).
Operating income covered interest expense 0.3× in the latest year, up from -1.4× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$4.6B
-$34M
0.0%
2.3%
—
—
$1.7B
2025
$4.5B
-$575M
0.0%
-2.2%
—
—
$1.6B
2024
$4.3B
-$1.1B
0.0%
-20.8%
—
—
$1.9B
2023
$2.6B
$1.1B
0.0%
-6.1%
-$709M
—
$1.3B
2022
$2.4B
-$16M
0.0%
-4.7%
-$433M
$2.5B
$310M
2021
$1.9B
$4M
0.0%
-2.4%
-$100M
$1.8B
$296M
2020
$2.3B
—
0.0%
1.7%
-$257M
$1.9B
$304M
2019
$2.1B
—
0.0%
-2.9%
-$309M
$1.4B
$262M
2018
$1.6B
—
65.3%
-5.8%
-$153M
$1.0B
$71M
2017
$1.6B
—
66.4%
2.3%
-$103M
$879M
$130M
2012
—
$7M
—
—
-$64M
—
$173M
2011
—
$36M
—
—
-$39M
—
$40M
2010
—
$31M
—
—
-$22M
—
$90M
2009
—
$38M
—
—
-$55M
—
$63M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.2B
$59M
0.0%
-0.1%
—
—
$1.7B
Dec '25
$1.2B
$25M
0.0%
2.3%
—
—
$1.3B
Sep '25
$1.1B
-$61M
0.0%
3.1%
—
—
$1.2B
Jun '25
$1.2B
-$56M
0.0%
4.0%
—
—
$1.2B
Mar '25
$1.1B
-$246M
0.0%
-13.4%
—
—
$1.6B
Dec '24
$1.1B
-$158M
0.0%
1.9%
—
—
$1.6B
Sep '24
$1.1B
-$138M
0.0%
-2.2%
—
—
$3.5B
Jun '24
$1.1B
-$33M
0.0%
5.3%
—
—
$1.8B
Mar '24
$1.2B
-$100M
0.0%
0.0%
—
—
$1.9B
Dec '23
$1.1B
-$124M
0.0%
-3.9%
—
—
$1.6B
Sep '23
$1.2B
-$767M
0.0%
-65.7%
—
—
$2.0B
Jun '23
$780M
-$77M
0.0%
-5.3%
-$271M
—
$2.0B
Mar '23
$666M
$1.2B
0.0%
-10.9%
-$244M
—
$1.3B
Dec '22
$651M
-$42M
0.0%
-4.8%
-$185M
—
$182M
Sep '22
$664M
-$48M
0.0%
0.7%
-$73M
—
$149M
Jun '22
$678M
-$22M
0.0%
-4.0%
-$207M
—
$222M
Mar '22
$607M
—
0.0%
-8.0%
-$148M
$2.5B
$310M
Dec '21
$625M
—
0.0%
-4.6%
-$64M
—
$166M
Sep '21
$609M
—
0.0%
-4.0%
-$40M
—
$218M
Jun '21
$665M
—
0.0%
2.5%
-$181M
—
$276M
Valuation over time
How the market has priced VSAT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 4.3× (Mar '23) to 2.3× (Mar '24).
The price-to-sales ratio has fallen from 1.8× (Mar '23) to 1.8× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is VSAT growing its revenue and profit?
Over the past 5 years, Viasat Inc's revenue has grown 19.3% per year. These are computed facts, not advice.
How much debt does VSAT have?
As of FY2026, Viasat Inc reported — of total debt against $1.7B of cash; operating income covered interest expense 0.3×.
What is VSAT's profit margin?
In FY2026, gross margin was —, operating margin 2.3%, and net margin -0.7%.
What is VSAT's P/E ratio?
As of Jun '26, Viasat Inc traded at a price-to-earnings ratio of about 2.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.