← VIASAT INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues: | $1.6b | $1.6b | $2.1b | $2.3b | $2.3b | $2.8b | $2.6b | $4.3b | $4.5b | $4.6b | $4.6b | |
| Cost of revenues | $1.0b |
$1.1b
+6.85%
|
$1.5b
+37.20%
|
$1.6b
+4.68%
|
$1.6b
-2.82%
|
$1.9b
+24.03%
|
$1.8b
-5.43%
|
$2.9b
+58.17%
|
$3.0b
+4.39%
|
$3.1b
+2.56%
|
$3.1b
-0.58%
|
|
| Independent research and development | $129.6m | $168.3m | $123.0m | $130.4m | $115.8m | $153.2m | $128.9m | $150.7m | $142.4m | $164.9m | — | |
| Selling, general and administrative (including ground network (FY25), satellite (FY24) impairment and related charges, net - see Note 1) | $333.5m | $385.4m | $458.5m | $523.1m | $512.3m | $657.3m | $718.6m | $1.9b | $1.2b | $999.5m | $991.7m | |
| Amortization of acquired intangible assets | $10.8m | $12.2m | $9.7m | $7.6m | $5.5m | $28.7m | $29.8m | $227.2m | $263.9m | $260.7m | — | |
| Interest expense | ($12.1m) | ($4.0m) | ($50.0m) | ($38.6m) | ($32.7m) | ($29.4m) | ($26.8m) | ($400.4m) | ($421.9m) | ($360.2m) | $342.2m | |
| Interest income | $1.0m | $960k | $149k | $1.6m | $440k | $504k | $19.5m | $96.3m | $83.9m | $205.8m | $206.9m | |
| Unrealized gain (loss) on hedging, net of tax | ($182k) | $67k | ($242k) | $235k | — | $0 | $0 | $10.5m | ($16.4m) | — | — | |
| Other income (expense), net | — | — | — | — | — | $4.1m | $1.1m | $0 | ($10.0m) | $163.0m | $156.2m | |
| Income (loss) from continuing operations before income taxes | — | — | — | — | ($78.2m) | ($137.9m) | ($162.2m) | ($1.2b) | ($545.3m) | $104.8m | $129.7m | |
| (Provision for) benefit from income taxes from continuing operations | $3.6m | $35.2m | $41.0m | $7.9m | ($9.4m) | $14.2m | ($49.4m) | $139.5m | $941k | ($116.2m) | — | |
| Net income (loss) from continuing operations | — | — | — | — | ($66.5m) | ($101.7m) | ($211.6m) | ($1.0b) | ($531.1m) | $3.9m | ($29.4m) | |
| Net income (loss) from discontinued operations, net of tax | — | — | — | — | $83.6m | $99.2m | $1.3b | ($10.4m) | — | — | ($29.4m) | |
| Net income (loss) | $21.8m |
($68.3m)
-413.66%
|
($66.5m)
+2.65%
|
$13.8m
+120.78%
|
$17.1m
+23.80%
|
($2.5m)
-114.52%
|
$1.1b
+44028.63%
|
($1.1b)
-196.99%
|
($531.1m)
+49.80%
|
$3.9m
+100.74%
|
($29.4m)
-848.68%
|
|
| Net income (loss) attributable to Viasat, Inc. | $23.8m | ($67.3m) | ($67.6m) | ($212k) | $3.7m | ($15.5m) | $1.1b | ($1.1b) | ($575.0m) | ($34.1m) | ($29.4m) | |
| Shares used in computing basic net income (loss) per share | $0 | ($1) | ($1) | $0 | ($1) | ($1) | ($3) | ($9) | ($4) | $0 | — | |
| Shares used in computing diluted net income (loss) per share | $0 | ($1) | ($1) | $0 | ($1) | ($1) | ($3) | ($9) | ($4) | $0 | — | |
| Less: net income (loss) attributable to noncontrolling interest, net of tax | ($2.0m) | ($970k) | $1.2m | $14.0m | $13.4m | $13.1m | $5.9m | $11.0m | $43.8m | $38.0m | — | |
| Income (loss) from operations | $36.5m |
($92.2m)
-352.85%
|
($60.6m)
+34.24%
|
$38.4m
+163.38%
|
$58.2m
+51.57%
|
$8.3m
-85.70%
|
($156.0m)
-1972.22%
|
($889.8m)
-470.55%
|
($97.5m)
+89.04%
|
$108.1m
+210.92%
|
$108.8m
+0.59%
|
|
| (Loss) gain on extinguishment of debt, net | — | ($10.2m) | — | — | — | — | — | — | ($99.8m) | ($11.9m) | — | |
| Equity in income (loss) of unconsolidated affiliate, net | $0 | $2.0m | $3.0m | $4.5m | $556k | ($281k) | ($66k) | $7.0m | $13.2m | $15.3m | — | |
| Continuing operations | — | — | — | — | ($1) | ($2) | ($3) | ($9) | ($4) | ($0) | — | |
| Discontinued Operations | — | — | — | — | $1 | $1 | $17 | ($0) | — | — | — | |
| Income (loss) | $0 | ($1) | ($1) | $0 | $0 | ($0) | $14 | ($9) | ($4) | ($0) | $108.8m | |
| Foreign currency translation adjustments, net of tax | ($2.3m) | $15.8m | ($10.0m) | ($11.6m) | $15.9m | ($31.4m) | ($13.1m) | $3.0m | ($9.3m) | $22.3m | — | |
| Other comprehensive income (loss), net of tax | ($2.5m) | $15.9m | ($10.2m) | ($11.4m) | $15.9m | ($31.4m) | ($13.1m) | $13.4m | ($25.6m) | $22.3m | — | |
| Comprehensive income (loss) | $19.3m | ($52.4m) | ($76.7m) | $2.4m | $33.0m | ($33.9m) | $1.1b | ($1.0b) | ($556.8m) | $26.2m | — | |
| Less: comprehensive income (loss) attributable to noncontrolling interest, net of tax | ($2.0m) | ($970k) | $1.2m | $14.0m | $13.4m | $13.1m | $5.9m | $11.0m | $43.8m | $38.0m | — | |
| Comprehensive income (loss) attributable to Viasat, Inc. | $21.3m | ($51.5m) | ($77.8m) | ($11.6m) | $19.5m | ($47.0m) | $1.1b | ($1.1b) | ($600.6m) | ($11.8m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.