VIASAT INC (VSAT)
Information Technology · Satellite communications and connectivity services · NASDAQ
Viasat is a global satellite and wireless communications provider offering broadband, narrowband, and defense connectivity solutions via GEO, MEO, and LEO satellites to aviation, maritime, government, and consumer markets.
What VIASAT INC does
Viasat is an innovative global provider of communications technologies and services that designs, develops, and operates satellite-based and wireless connectivity solutions. The company operates through two main segments: Communication Services, which delivers broadband and narrowband solutions for aviation, maritime, government, and residential/enterprise customers, and Defense and Advanced Technologies, which provides encryption, cybersecurity, tactical gateways, modems, and satellite communication systems to military and government users. Viasat leverages its own satellite fleet across multiple orbital regimes (GEO, MEO, LEO) combined with third-party satellite capacity to deliver end-to-end connectivity solutions globally.
Themes: ["satellite connectivity / broadband","aviation connectivity","maritime communications","government satcom","cybersecurity / encryption","tactical communications gateways","fixed wireless broadband","narrowband IoT and asset tracking"]
Fundamentals
- Price$70.39 as of 2026-07-09 close
- Market cap$8.5B as of 2026-07-10
- 1-year return+355.6% as of 2026-07-09 close
- Net margin-0.7% as of 2026-07-10
- Gross margin+33.0% as of 2026-07-10
- ROE-0.7% as of 2026-07-10
- Debt / equity1.38 as of 2026-07-10
- Revenue growth (YoY)+2.7% as of 2026-07-10
- Revenue CAGR (3y)+22.0% SEC XBRL
- Beta1.75 as of 2026-07-10
Key risks (from latest filing)
["Unprofitable operations (negative net margin of -0.73%) with accumulated deficit, dependent on managing debt service and achieving operational profitability","Capital-intensive business model requiring significant investments in satellite fleet, ground infrastructure, and terminals, with ongoing depreciation and amortization of intangible assets","Competitive pressure from emerging LEO satellite constellations and alternative broadband technologies across consumer, aviation, maritime, and government segments"]
Competitors & peers
- Intelsat (INTELSAT)
- Inmarsat (satellite maritime and aviation)
- SES (satellite operator)
- SpaceX Starlink (LEO broadband)
- Amazon Kuiper (LEO broadband)
- Iridium (narrowband satcom)
- Raytheon Technologies (defense satcom)
- L3Harris Technologies (defense communications)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.