Quarterly ResultMay 28, 2026, 04:28 PM
Viasat FY26 Revenue $4.6B, Adj. EBITDA $1.6B; Q4 Net Income $59M
AI Summary
Viasat, Inc. reported record financial results for fiscal year 2026, with revenue reaching $4.6 billion and Adjusted EBITDA at $1.6 billion. The company significantly improved its net loss to $34 million for the full year and achieved a net income of $59 million in Q4 FY2026, a turnaround from a $246 million loss in the prior year quarter. Despite a slight 1% YoY decrease in Q4 Adjusted EBITDA to $370 million, Viasat generated $177 million in free cash flow for FY2026 and ended the year with a record backlog of $4.1 billion. The company also made significant progress on its ViaSat-3 satellite deployments and anticipates mid-single-digit revenue growth for fiscal year 2027.
Key Highlights
- FY26 record revenue of $4.6 billion and Adjusted EBITDA of $1.6 billion.
- FY26 net loss improved to $34 million from $575 million in prior year.
- Q4 FY26 revenue increased 2% YoY to $1.2 billion.
- Q4 FY26 net income was $59 million, a significant improvement from a $246 million loss.
- Q4 FY26 Adjusted EBITDA decreased 1% YoY to $370 million.
- Generated $177 million in free cash flow for FY26, excluding Ligado payment.
- Record backlog of $4.1 billion, up 15% YoY.
- FY27 outlook: mid-single-digit revenue growth, flat to slightly up Adjusted EBITDA.
Price Impact
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