VIASAT INC
Ticker: VSATCommunication ServicesCommunicationsThe business
Viasat, Inc. (NASDAQ: VSAT) is a global provider of communications technologies and services focused on making connectivity accessible, available and secure for customers worldwide. The company operates through two reportable segments: communication services and defense and advanced technologies.
The communication services segment provides broadband and narrowband communications solutions across government and commercial mobility markets, as well as residential and enterprise fixed broadband services. As of March 31, 2026, Viasat operates a complementary fleet of 23 in-service or operational satellites spanning Ka-, L-, and S-bands, with eight additional GEO satellites under development or in preparation for launch. The segment's primary business lines include aviation services with approximately 4,580 commercial aircraft and 2,100 business jets equipped with in-flight connectivity systems, government satcom offerings, maritime services supporting approximately 13,200 vessels, and fixed broadband services with approximately 130,000 U.S. subscribers. The company completed the acquisition of Inmarsat in May 2023, significantly expanding its satellite fleet and global coverage capabilities.
The defense and advanced technologies segment develops resilient, vertically integrated solutions for government and commercial customers, leveraging core competencies in encryption, cybersecurity, tactical gateways, modems and waveforms. This segment includes information security and cyber defense products, space and mission systems, tactical networking solutions, and advanced technologies offerings. Total new awards in this segment grew to approximately $1.6 billion in fiscal year 2026.
Viasat maintains a diversified customer base including the U.S. Government, which represented approximately 16 percent of total revenues in fiscal year 2026, leading aerospace and defense contractors, foreign governments, commercial airlines, and enterprises requiring complex communications solutions. The company employs approximately 3,400 engineers globally and maintains a vertically integrated platform spanning satellites, ground infrastructure, and user terminals. Viasat's website is www.viasat.com.
- Sector
- Communication Services
- Industry
- Communications
- HQ
- CARLSBAD, CA
- FY end
- 03-31
- CIK
- 797721
- SIC
- 4899
Ownership
Who holds VIASAT INC — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| iShares Core S&P Small-Cap ETF IJR · iShares Trust | 0.41% | $373.63M |
| Avantis U.S. Small Cap Value ETF AVUV · American Century ETF Trust | 0.89% | $210.62M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.01% | $187.32M |
| iShares Russell 2000 ETF IWM · iShares Trust | 0.19% | $138.46M |
| VANGUARD SMALL-CAP INDEX FUND VB · VANGUARD INDEX FUNDS | 0.08% | $136.27M |
Bonds held by funds
Funds report holding 3 issues of VIASAT INC's debt, $761.71M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 6.44%, maturing 2027–2031.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| VIASAT INC 144A 5.625000% 04/15/2027 | 5.625% | 2027-04-15 | 77 | $362.85M |
| Viasat Inc | 7.500% | 2031-05-30 | 102 | $274.21M |
| ViaSat, Inc. | 6.500% | 2028-07-15 | 72 | $124.64M |
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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