Viasat
ConvictionModerate
Capital-intensive owner-operator: builds/operates GEO satellite fleet and sells managed connectivity (aviation IFC, maritime, government SATCOM, fixed broadband) as service/subscription revenue, plus government/defense product & systems contracts (Defense & Advanced Technologies). Revenue is a mix of recurring service and contracted backlog-driven product/government work.
Revenue
$4.64B FY2026fact, FYE 31 Mar 2026Rev growth
+3% YoYfact, FY2026Gross margin
~33%fact, FY2026; est. blendedOp margin
slightly negative~ -1.8% GAAP (fact/est, FY2026) — adj. EBITDA $1.55B (~33% margin) is the cleaner readCapex intensity
~21%just under $1B capex / $4.64B rev) (fact, FY2026Market cap
~$8.5Bfact, ~$70/sh, 13 Jun 2026Price · 1-year trend
real · weekly$60+311% 1yUSD
52-week range
$15 – $81
52w lowas of 2026-06-25 · Yahoo Finance52w high
Across the boards
The thesis on this name
opportunityWeak
Space / launch economics
Full context
position · longModerate
Space / launch economics
Full context
book · long
Space / launch economics
Full context
The read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for Viasat
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage Jun 2026· sign in (free) for the analyst summary; Pro unlocks full intelligence