Viasat, Inc. (VSAT)

Viasat Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	4,616	4,520	4,284	2,556	2,417	1,921
Revenue Growth (YoY)	2.07%	5.50%	67.59%	5.75%	25.84%	-16.82%
Cost of Revenue	3,078	3,030	2,902	1,835	1,711	1,356
Gross Profit	1,538	1,490	1,382	721.4	705.9	565.19
Selling, General & Admin	995.42	1,012	980.45	659.13	607.34	497.16
Research & Development	157.13	142.39	150.65	128.92	149.47	108.5
Amortization of Goodwill & Intangibles	261.5	263.93	227.17	29.81	28.73	5.48
Operating Expenses	1,414	1,418	1,358	817.86	785.55	611.14
Operating Income	124.36	71.92	23.39	-96.46	-79.64	-45.95
Interest Expense	-259.67	-421.94	-400.4	-26.81	-29.39	-32.69
Interest & Investment Income	83.92	83.92	96.26	19.51	0.5	0.44
Earnings From Equity Investments	14.88	13.23	6.98	-0.07	-0.28	0.56
Other Non Operating Income (Expenses)	-5.05	-9.98	-	1.1	4.12	-
EBT Excluding Unusual Items	-41.56	-262.85	-273.77	-102.72	-104.69	-77.64
Merger & Restructuring Charges	-169.4	-169.4	-31.3	-40.4	-33.5	-
Asset Writedown	-	-	-1,670	-19.1	-	-
Other Unusual Items	-11.94	-99.81	18.1	-	-	-
Pretax Income	-222.89	-532.07	-1,187	-162.22	-138.19	-77.64
Income Tax Expense	79.9	-0.94	-139.47	49.42	-36.52	-11.19
Earnings From Continuing Operations	-302.79	-531.13	-1,047	-211.64	-101.67	-66.45
Earnings From Discontinued Operations	-	-	-10.42	1,302	99.19	83.55
Net Income to Company	-302.79	-531.13	-1,058	1,091	-2.48	17.1
Minority Interest in Earnings	-36.17	-43.84	-10.99	-5.94	-13.05	-13.41
Net Income	-338.96	-574.96	-1,069	1,085	-15.53	3.69
Net Income to Common	-338.96	-574.96	-1,069	1,085	-15.53	3.69
Shares Outstanding (Basic)	133	128	117	76	73	66
Shares Outstanding (Diluted)	133	128	117	76	73	66
Shares Change (YoY)	4.46%	9.63%	54.37%	3.43%	10.46%	7.81%
EPS (Basic)	-2.55	-4.48	-9.12	14.29	-0.21	0.06
EPS (Diluted)	-2.55	-4.48	-9.12	14.29	-0.21	0.06
Free Cash Flow	-	-122	-851.19	-796.46	-484.67	-100.03
Free Cash Flow Per Share	-	-0.95	-7.26	-10.49	-6.60	-1.50
Gross Margin	33.33%	32.97%	32.25%	28.22%	29.20%	29.42%
Operating Margin	2.69%	1.59%	0.55%	-3.77%	-3.29%	-2.39%
Profit Margin	-7.34%	-12.72%	-24.95%	42.44%	-0.64%	0.19%
Free Cash Flow Margin	-	-2.70%	-19.87%	-31.16%	-20.05%	-5.21%
EBITDA	1,410	1,378	1,122	397.12	403.7	294.95
EBITDA Margin	30.54%	30.50%	26.19%	15.54%	16.70%	15.35%
D&A For EBITDA	1,285	1,306	1,098	493.57	483.34	340.9
EBIT	124.36	71.92	23.39	-96.46	-79.64	-45.95
EBIT Margin	2.69%	1.59%	0.55%	-3.77%	-3.29%	-2.39%
Revenue as Reported	4,616	4,520	4,284	2,556	2,417	1,921
Advertising Expenses	-	19.2	26.4	22.8	23.1	12

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q