VSAT

VIASAT INC

Ticker: VSATCommunication ServicesCommunications
HQ CARLSBAD, CACIK 797721FY end 03-31Book / share $33.84Shares 137M
Revenue (FY)
$4.64B+2.67%
TTM $4.63B
Op. margin
2.33%+4.49%
TTM 2.35%
Net income
$3.93M+100.74%
TTM $8.86M
Operating cash
$1.59B+75.06%
TTM $1.59B
Free cash flow
$597.11M+589.46%
TTM $578.29M
Return on equity
-0.73%+11.89%
TTM -0.63%
Debt / equity
1.38-0.16%
TTM 1.39
Shares outstanding
134.7M+4.88%
TTM 137.1M

The 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
Financial performance · annual
20142026
$-1.63B$81.72M$1.79B$3.50B$5.21B2014201520162017201820192020202120222023202420252026TTMTTMTTM

Ownership

Who holds VIASAT INC — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

322
funds hold it
0 of 36
superinvestors hold it
$2.94B
fund-held value
46.7%
of shares held by funds
3
bond issues held by funds

Top fund holders

Fund% of fundValue
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 20272031.

IssueCouponMaturesFundsFund-held
VIASAT INC 144A 5.625000% 04/15/20275.625%2027-04-1577$362.85M
Viasat Inc7.500%2031-05-30102$274.21M
ViaSat, Inc.6.500%2028-07-1572$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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15 years of VIASAT INC's financials

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