ViaSat (VSAT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 12, 2026

After Close (Confirmed)

Period Ending

2027 (Q1)

Consensus EPS Forecast

-0.33

Last Year’s EPS

-0.43

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 8 Analysts Ratings

Earnings Call Summary

Q4 2026

Earnings Call Date:May 28, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a cautiously positive outlook: strong strategic milestones (ViaSat-3 deployments), record awards/backlog, robust cash generation and material deleveraging were emphasized as major accomplishments. These positives are balanced by meaningful near-term operational challenges—notably steep declines in fixed residential broadband, maritime installation lags, elevated CapEx, and modest pressure on adjusted EBITDA. Management expects mid-single-digit revenue growth and meaningful DAT mid-teens growth in FY27 while guiding to continued heavy investment and a backloaded EBITDA profile. Overall, achievements (cash, backlog, satellite milestones, DAT wins) materially outweigh the current headwinds, but the company faces execution and timing risks in legacy segments until new capacity enters service.

Company Guidance

Viasat guided FY‑27 revenue to grow mid‑single‑digits (Communication Services low‑single‑digits, DAT mid‑teens) with adjusted EBITDA flat to slightly up (backloaded), noting an approximate 2‑percentage‑point FY‑27 EBITDA headwind from the decline in a prior IP settlement and the removal of Navarino; reported CapEx $950M–$1.0B (cash CapEx ≈ $850M vs $760M in FY‑26) with capitalized interest falling to $125M–$150M (from >$200M), maintenance CapEx ≈ $400M, ViaSat‑3 spend ≈ $50M (down ~$150M), success‑based CapEx ≈ $150M (from $50M), growth CapEx $225M–$250M and Inmarsat CapEx ≈ $325M; management expects free cash flow of roughly $180M and has reduced net debt to about $4.8B with net leverage of 3.1x while targeting below 3.0x.

Record Awards and Backlog Growth

Q4 awards of ~$1.3B, up 9% year-over-year; record backlog of ~ $4.1B, up ~15% YoY (company also noted backlog up ~23% YoY for fiscal year wins).

Positive Revenue and Adjusted EBITDA at Record Levels

Q4 revenue of ~$1.2B, up ~2% YoY; full-year fiscal '26 revenue $4.6B. Adjusted EBITDA for fiscal '26 was $1.55B (Q4 adjusted EBITDA $370M, down 1% YoY but still near record levels).

Strong Cash Generation and Free Cash Flow

Generated nearly $600M free cash flow for fiscal '26 ($597M reported) and ~$177–180M excluding a lump-sum Ligado payment; positive free cash flow in each of the last 5 quarters; Q4 positive free cash flow of $24M despite highest-quarter CapEx.

Improved Leverage and Balance Sheet Actions

Net debt reduced to ~$4.8B; net leverage improved to ~3.1x trailing adjusted EBITDA (sequential improvement); paid down ~$743M of debt during the year; completed sale of Navarino for ~$203M gross proceeds.

ViaSat-3 Program Milestones

Post-quarter achievements: Flight 2 deployments completed (surface entry pending FCC authorization) and Flight 3 successfully deployed (radiator and solar array deployments complete); Flight 3 expected to reach station soon with surface entry expected Aug/Sept; fleet expansion expected to roughly triple bandwidth inventory.

DAT Segment Outperformance

Q4 DAT awards $403M (+2% YoY) and revenue $361M (+12% YoY); Infosec & cyber product revenues +24% YoY; Space & mission systems +16% YoY; DAT adjusted EBITDA $83M, up 20% YoY—driving mid-teens growth expectation for DAT in FY27.

Aviation and Government SATCOM Strength

Aviation revenue +11% in Q4 with ~4,450 commercial aircraft in service (10% YoY increase) and a commercial aircraft backlog of ~1,000 units; Government SATCOM revenue +5% in Q4 with awards/backlog up ~18% YoY.

Strategic Wins and Partnerships

Selected as one of two IDIQ awardees by U.S. Space Force for the Protected Tactical Satellite Global (PTSG) program; cooperation agreement announced with Carronade; Board strengthened with two new directors and Strategic Review Committee appointments.

ViaSat (VSAT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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VSAT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 12, 2026	2027 (Q1)	-0.33 / -	-0.43	―	―	―
May 28, 2026	2026 (Q4)	-0.30 / 0.41	-1.89	121.69% (+2.30)
Feb 05, 2026	2026 (Q3)	-0.30 / 0.18	-1.23	114.63% (+1.41)
Nov 07, 2025	2026 (Q2)	-0.52 / -0.45	-1.07	57.94% (+0.62)
Aug 05, 2025	2026 (Q1)	-0.65 / -0.43	-0.26	-65.38% (-0.17)
May 20, 2025	2025 (Q4)	-0.58 / -1.89	-0.24	-687.50% (-1.65)
Feb 06, 2025	2025 (Q3)	-0.85 / -1.23	0.24	-612.50% (-1.47)
Nov 06, 2024	2025 (Q2)	-0.55 / -1.07	1.19	-189.92% (-2.26)
Aug 07, 2024	2025 (Q1)	-0.08 / -0.26	0	―	―
May 21, 2024	2024 (Q4)	0.47 / -0.24	0.17	-241.18% (-0.41)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VSAT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 28, 2026	$86.69	$80.62	-7.00%
Feb 05, 2026	$37.44	$41.70	+11.38%
Nov 07, 2025	$35.81	$36.98	+3.27%
Aug 05, 2025	$21.29	$27.82	+30.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.