VSAT financial statements
The full income statement, balance sheet, and cash-flow statement for ViaSat Inc. (VSAT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Revenue | 4.64B+2.7% | 4.52B+5.5% | 4.28B+67.6% | 2.56B+5.7% | 2.42B+25.8% | |
| 4.27B-1.9% | 4.35B-12.0% | 4.95B+84.4% | 2.68B | — | ||
| Research & development | 165M+15.8% | 142M-5.5% | 151M+16.9% | 129M-13.7% | 149M+37.8% | |
| Selling, general & administrative | 999M-15.4% | 1.18B-37.6% | 1.89B+163.5% | 719M+12.1% | 641M+28.9% | |
| Amortization of intangibles | 316M-2.6% | 324M+11.9% | 290M+219.2% | 90.8M+3.1% | 88.1M+33.0% | |
| Operating income | 108M+210.9% | -97.5M+89.0% | -890M-470.5% | -156M-37.8% | -113M-146.2% | |
| Interest expense | 360M-14.6% | 422M+5.4% | 400M+1393.5% | 26.8M-8.8% | 29.4M-10.1% | |
| Other non-operating income | 163M+1734.0% | -9.98M | 0.00-100.0% | 1.10M-73.3% | 4.12M | |
| Equity-method income | 15.3M+16.0% | 13.2M+89.6% | 6.97M+10668.2% | -66.0K+76.5% | -281K-150.5% | |
| Pre-tax income | 105M+119.2% | -545M+54.3% | -1.19B-636.3% | -162M-17.6% | -138M-76.4% | |
| Income tax | 116M+12451.0% | -941K+99.3% | -139M-382.2% | 49.4M+235.3% | -36.5M-226.2% | |
| -34.1M+94.1% | -575M+46.2% | -1.07B-198.5% | 1.08B+43789.3% | -2.48M-114.5% | ||
| Discontinued operations | — | — | -10.4M-100.8% | 1.30B+1213.0% | 99.2M+18.7% | |
| Net income to non-controlling interest | 38.0M-13.3% | 43.8M+299.1% | 11.0M+84.9% | 5.94M-54.5% | 13.1M-2.7% | |
| Net income to common | — | — | — | — | -15.5M-520.9% | |
| -$0.25+94.4% | -$4.48+50.9% | -$9.12-163.8% | $14.29+6904.8% | -$0.21-450.0% | ||
| EPS (basic) | -$0.25+94.4% | -$4.48+50.9% | -$9.12-163.8% | $14.29+6904.8% | -$0.21-450.0% | |
| Weighted-avg shares (basic) | 135M+4.9% | 128M+9.6% | 117M+54.4% | 75.9M+3.4% | 73.4M+10.5% | |
| Weighted-avg shares (diluted) | 135M+4.9% | 128M+9.6% | 117M+54.4% | 75.9M+3.4% | 73.4M+10.5% | |
| Balance Sheet | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 3.12B+8.2% | 2.89B-17.0% | 3.48B+55.0% | 2.24B+93.6% | 1.16B+17.0% | ||
| Cash & equivalents | 1.75B+8.4% | 1.61B-15.2% | 1.90B+40.9% | 1.35B+334.5% | 310M+4.9% | |
| Accounts receivable | 753M+7.7% | 700M+3.1% | 678M+61.5% | 420M+34.5% | 312M+30.8% | |
| Inventory | 281M-4.3% | 294M-7.5% | 318M+18.4% | 269M+35.7% | 198M-41.2% | |
| Prepaid expenses | 343M+21.3% | 282M-51.5% | 582M+229.4% | 177M+24.9% | 141M+17.9% | |
| Other current assets | 163M+54.7% | 106M-21.4% | 134M+120.6% | 60.9M+56.4% | 39.0M+52.4% | |
| 15.2B-1.4% | 15.4B-5.4% | 16.3B+111.2% | 7.73B+21.0% | 6.39B+19.4% | ||
| Property, plant & equipment | 7.27B-1.8% | 7.41B-2.0% | 7.56B+72.6% | 4.38B+18.2% | 3.70B+21.5% | |
| Operating lease right-of-use | 428M+2.8% | 416M+6.0% | 393M+39.5% | 282M-17.9% | 343M+0.8% | |
| Goodwill | 1.63B+0.2% | 1.62B+0.0% | 1.62B+922.9% | 159M-6.0% | 169M+37.9% | |
| Intangible assets | 2.00B-12.0% | 2.27B-10.8% | 2.54B+1164.6% | 201M-14.8% | 236M+2367.0% | |
| Deferred tax assets | 68.7M-57.2% | 160M-1.9% | 164M+589.6% | 23.7M-92.2% | 305M+11.5% | |
| Other non-current assets | 780M-7.8% | 846M+15.2% | 734M+57.5% | 466M-33.4% | 699M-16.3% | |
| 1.30B-22.6% | 1.68B+29.4% | 1.30B+35.5% | 957M+24.2% | 770M+8.7% | ||
| Accounts payable | 288M+9.0% | 264M-8.0% | 287M+5.8% | 272M+35.3% | 201M+38.3% | |
| Deferred revenue | 293M-0.5% | 294M+13.0% | 260M+96.9% | 132M+0.4% | 132M-39.2% | |
| Short-term & current debt | 57.8M-88.5% | 504M+767.9% | 58.1M+53.0% | 37.9M+8.7% | 34.9M+14.6% | |
| Current lease liability | 60.9M-6.8% | 65.3M-8.7% | 71.6M+41.3% | 50.6M+1.3% | 50.0M+2.2% | |
| 10.5B-2.8% | 10.8B-4.0% | 11.3B+190.9% | 3.87B+4.4% | 3.71B+25.1% | ||
| Long-term debt | 6.39B-2.2% | 6.53B-8.4% | 7.13B+194.4% | 2.42B-2.6% | 2.49B+35.6% | |
| Deferred revenue (non-current) | 1.06B+35.3% | 787M-12.2% | 896M+957.7% | 84.7M-4.8% | 89.0M+5.1% | |
| Non-current lease liability | 430M+3.9% | 414M+9.1% | 380M+39.1% | 273M-13.7% | 316M+0.8% | |
| Operating lease liability (total) | 491M+2.4% | 479M+6.3% | 451M+39.4% | 324M-14.8% | 380M+4.7% | |
| Finance lease liability (total) | 139M-12.3% | 158M+492.0% | 26.8M-26.5% | 36.4M-20.4% | 45.8M-18.8% | |
| Deferred tax liabilities | 1.02B-4.9% | 1.07B-12.9% | 1.23B+1328.4% | 86.0M+409.7% | 16.9M | |
| Other non-current liabilities | 2.38B+9.1% | 2.18B-11.0% | 2.45B+1022.0% | 219M+42.7% | 153M+11.5% | |
| 4.66B+2.3% | 4.55B-9.4% | 5.03B+31.4% | 3.82B+45.2% | 2.63B+12.0% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 14.0K+7.7% | 13.0K+0.0% | 13.0K+62.5% | 8.00K+14.3% | 7.00K+0.0% | |
| Additional paid-in capital | 5.04B+2.4% | 4.93B+2.7% | 4.80B+88.8% | 2.54B+4.9% | 2.42B+15.7% | |
| Retained earnings | -360M-10.5% | -326M-230.5% | 249M-81.1% | 1.32B+464.5% | 234M-6.2% | |
| Accumulated other comprehensive income | -24.6M+47.5% | -46.9M-120.6% | -21.3M+38.7% | -34.7M-60.6% | -21.6M-320.6% | |
| Non-controlling interest | 69.0M-24.0% | 90.7M+92.7% | 47.1M+29.8% | 36.3M-25.6% | 48.7M+36.2% | |
| Total equity incl. non-controlling | 4.73B+1.8% | 4.64B-8.4% | 5.07B+31.4% | 3.86B+43.9% | 2.68B+12.4% | |
| Total liabilities & equity | 15.2B-1.4% | 15.4B-5.4% | 16.3B+111.2% | 7.73B+21.0% | 6.39B+19.4% | |
| Common shares outstanding | 137M+4.9% | 130M+3.5% | 126M+63.6% | 76.9M+3.3% | 74.4M+8.6% | |
| Shares outstanding (cover) | 137M+4.8% | 130M+3.5% | 126M+63.6% | 76.9M+3.3% | 74.4M+2.6% | |
| Cash Flow | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 1.59B+75.1% | 908M+32.0% | 688M+87.1% | 368M-27.2% | 506M-30.5% | ||
| Depreciation & amortization | 1.35B-0.5% | 1.36B+17.6% | 1.16B+131.3% | 500M+1.0% | 495M+24.8% | |
| Intangible amortization | 316M-2.6% | 324M+11.9% | 290M+219.2% | 90.8M+3.1% | 88.1M+33.0% | |
| Share-based compensation | 81.1M+0.9% | 80.4M-3.9% | 83.6M-1.0% | 84.5M-2.7% | 86.8M+2.3% | |
| Deferred income taxes | 45.9M+130.9% | -149M+17.1% | -180M-772.1% | 26.7M | — | |
| Change in receivables | 58.2M-2.6% | 59.7M-13.6% | 69.2M-46.0% | 128M+111.9% | 60.5M+171.7% | |
| Change in inventory | -13.1M+60.7% | -33.2M-348.2% | 13.4M-81.7% | 73.1M+3079.8% | 2.30M-94.6% | |
| Change in payables | 36.8M-9.0% | 40.5M+197.5% | -41.5M-216.9% | 35.5M+39.6% | 25.4M+204.4% | |
| -759M-0.1% | -758M+41.3% | -1.29B-268.1% | 768M+168.0% | -1.13B-27.6% | ||
| Capital expenditure | — | — | — | 1.08B+14.8% | 938M+13.4% | |
| Free cash flow | — | — | — | -709M-63.9% | -433M-332.5% | |
| Acquisitions | 0.00 | 0.00-100.0% | 343M | 0.00-100.0% | 140M | |
| Other investing activities | -20.8M-2.2% | -20.3M | — | — | — | |
| -694M-56.9% | -443M-139.4% | 1.12B+1800.3% | -66.1M-110.3% | 644M+330.0% | ||
| Long-term debt issued | 176M-91.1% | 1.98B+13.7% | 1.74B+221.6% | 540M-57.3% | 1.27B+216.5% | |
| Long-term debt repaid | 809M-66.2% | 2.39B+321.6% | 567M-1.6% | 576M-5.6% | 610M+45.1% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 1.37M+144.3% | -3.10M-792.4% | 448K+113.4% | -3.34M-1.5% | -3.29M+32.5% | |
| FX effect on cash | -1.69M-144.1% | 3.83M+1293.1% | 275K+132.6% | -843K+82.9% | -4.92M-98460.0% | |
| Net change in cash | 135M+146.6% | -289M-155.4% | 522M-51.2% | 1.07B+7266.8% | 14.5M+273.6% | |
| Interest paid | 327M-16.3% | 390M+70.4% | 229M+1981.5% | 11.0M-24.8% | 14.6M-37.8% | |
| Income taxes paid | 80.7M-58.9% | 196M-2.1% | 201M+1116.2% | 16.5M-3.8% | 17.1M+157.0% | |
| Valuation Ratios | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Market cap | 6.25B+360.6% | 1.36B-40.1% | 2.27B-12.9% | 2.60B-28.3% | 3.63B+4.2% | |
| P/E | — | — | 9.9×+314.1% | 2.4× | — | |
| P/S | 1.3×+348.6% | 0.3×-49.6% | 0.6×-41.4% | 1.0×-32.2% | 1.5×-17.2% | |
| P/B | 1.3×+350.1% | 0.3×-32.9% | 0.4×-34.7% | 0.7×-50.7% | 1.4×-7.0% | |
| Earnings yield | — | — | 10.1%-75.8% | 41.7% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: VSAT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VSAT filings on SEC EDGAR → Not investment advice.
