VSAT
Viasat, Inc.34.40
-0.96-2.71%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Q&A elaborates strategic, multi-orbit progress
Q&A reinforced prepared optimism on ViaSat-3, clarifying Flight 2 services by May despite slight delay and Flight 3's quicker two-month orbit raise. Management detailed a new single-antenna multi-orbit aero terminal partnering with Telesat's Lightspeed, extending NexusWave's maritime success to aviation via one GEO-LEO setup. Strategic review gates—satellites in service, delevering—are aligning, opening separation options. Mini-GEO satellites promise cheaper, targeted capacity to cut intensity. Strategic gates are falling into place. Analysts probed D2D and infosec; responses affirmed sovereign demand and competitive edge. Watch Flight 2 for aviation/residential ramps.
Key Stats
Market Cap
4.65BP/E (TTM)
-Basic EPS (TTM)
-4.02Dividend Yield
0%Recent Filings
10-Q
Q3 FY2026 results
Viasat posted Q3 FY2026 revenues of $1.16B, up 3% y/y, with service up 2% to $823M and product up 6% to $334M; operating income rose to $26M from $21M. Defense grew 9% y/y on tactical networking and cyber gains, while communication services edged 1% higher on aviation strength despite fixed services cuts. Diluted EPS swung to $0.18 from -$1.23, confirmed vs. 141M shares; cash fell to $1.35B after $798M debt paydown, with $1.1B revolver availability. Free cash flow not disclosed in the 10-Q. Debt audits pose execution risk.
8-K
Q3 revenue up 3%, profit turns positive
8-K
Viasat secures $189M Ex-Im loan
Viasat entered a $188.7M Ex-Im credit facility on January 21, 2026, financing 85% of ViaSat-3 F1 satellite costs plus $12.9M exposure fees. Repayments start May 25, 2026 over 16 semi-annual installments at 4.63% CIRR, maturing November 25, 2033; Viasat guarantees, secured by ViaSat-2 assets. Meanwhile, Inmarsat repaid its $300M term loan early. Locked-in export financing bolsters satellite ops.
8-K
Viasat names new CAO
Viasat appointed Camellia E. FitzGerald, its VP of Corporate Accounting and Finance since 2014, as Chief Accounting Officer effective January 2, 2026. Shawn Duffy steps down December 31, 2025, after her severance term ends, shifting to Special Projects Advisor. Smooth transition. No family ties or material conflicts disclosed.
8-K
Viasat adds Porsche exec to board
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