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Viasat Inc. (VSAT) Stock Fundamental Analysis & AI Rating 2026

VSAT Nasdaq Communications Services, NEC DE CIK: 0000797721
Recently Updated • Analysis: Apr 18, 2026 • SEC Data: 2025-12-31
SELL
75% Conf
Pending
Analysis scheduled

📊 VSAT Key Takeaways

Revenue: $3.5B
Net Margin: -2.7%
Free Cash Flow: $526.9M
Current Ratio: 2.13x
Debt/Equity: 1.37x
EPS: $-0.69
AI Rating: SELL with 75% confidence
Viasat Inc. (VSAT) receives a SELL rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.5B, net profit margin of -2.7%, and return on equity (ROE) of -2.0%, Viasat Inc. demonstrates mixed fundamentals in the Telecom sector. Below is our complete VSAT stock analysis for 2026.

Is Viasat Inc. (VSAT) a Good Investment?

Claude

ViaSat exhibits critical financial distress despite revenue growth and positive free cash flow. An interest coverage ratio of 0.4x indicates the company cannot service its $6.2B debt load from operating income, creating existential solvency risk. Persistent net losses and negative shareholder returns signal a business struggling with unit economics despite heavy capital deployment.

Why Buy Viasat Inc. Stock? VSAT Key Strengths

Claude
  • + Revenue growth of 5.5% YoY in communications infrastructure
  • + Strong free cash flow generation of $526.9M with 15.2% FCF margin
  • + Adequate short-term liquidity with 2.13x current ratio and $1.3B cash

VSAT Stock Risks: Viasat Inc. Investment Risks

Claude
  • ! Critical: Interest coverage ratio of 0.4x—operating income cannot cover debt service, threatening solvency
  • ! Net income loss of $92.9M with -2.7% net margin and negative ROE/ROA for two consecutive years
  • ! High leverage (1.37x debt-to-equity) combined with thin 3.1% operating margins limits financial flexibility

Key Metrics to Watch

Claude
  • * Interest coverage ratio trending toward 1.0x+ minimum threshold for viability
  • * Path to net income profitability and positive ROE
  • * Operating margin expansion and debt reduction pace relative to free cash flow

Viasat Inc. (VSAT) Financial Metrics & Key Ratios

Revenue
$3.5B
Net Income
$-92.9M
EPS (Diluted)
$-0.69
Free Cash Flow
$526.9M
Total Assets
$14.9B
Cash Position
$1.3B

💡 AI Analyst Insight

Strong liquidity with a 2.13x current ratio provides a solid financial cushion.

VSAT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 3.1%
Net Margin -2.7%
ROE -2.0%
ROA -0.6%
FCF Margin 15.2%

VSAT vs Telecom Sector: How Viasat Inc. Compares

How Viasat Inc. compares to Telecom sector averages

Net Margin
VSAT -2.7%
vs
Sector Avg 14.0%
VSAT Sector
ROE
VSAT -2.0%
vs
Sector Avg 15.0%
VSAT Sector
Current Ratio
VSAT 2.1x
vs
Sector Avg 1.0x
VSAT Sector
Debt/Equity
VSAT 1.4x
vs
Sector Avg 1.2x
VSAT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Viasat Inc. Stock Overvalued? VSAT Valuation Analysis 2026

Based on fundamental analysis, Viasat Inc. shows some fundamental concerns relative to the Telecom sector in 2026.

Return on Equity
-2.0%
Sector avg: 15%
Net Profit Margin
-2.7%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.37x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Viasat Inc. Balance Sheet: VSAT Debt, Cash & Liquidity

Current Ratio
2.13x
Quick Ratio
1.90x
Debt/Equity
1.37x
Debt/Assets
68.9%
Interest Coverage
0.39x
Long-term Debt
$6.2B

VSAT Revenue & Earnings Growth: 5-Year Financial Trend

VSAT 5-year financial data: Year 2021: Revenue $2.3B, Net Income N/A, EPS $-1.13. Year 2022: Revenue $2.8B, Net Income N/A, EPS $0.00. Year 2023: Revenue $2.6B, Net Income $3.7M, EPS $0.06. Year 2024: Revenue $4.3B, Net Income -$15.5M, EPS $-0.21. Year 2025: Revenue $4.5B, Net Income $1.1B, EPS $14.29.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Viasat Inc.'s revenue has grown significantly by 96% over the 5-year period, indicating strong business expansion. The most recent EPS of $14.29 reflects profitable operations.

VSAT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
15.2%
Free cash flow / Revenue

VSAT Quarterly Earnings & Performance

Quarterly financial performance data for Viasat Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $1.1B $25.0M $0.18
Q2 2026 $1.1B -$61.4M $-0.45
Q1 2026 $1.1B -$32.9M $-0.26
Q3 2025 $1.1B -$124.4M $-0.99
Q2 2025 $1.1B -$137.6M $-1.07
Q1 2025 $779.8M -$32.9M $-0.26
Q3 2024 $651.4M -$42.2M $-0.55
Q2 2024 $663.6M -$48.2M $-0.64

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Viasat Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.3B
Cash generated from operations
Stock Buybacks
$7.9M
Shares repurchased (TTM)
Capital Expenditures
$740.7M
Investment in assets
Dividends
None
No dividend program

VSAT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Viasat Inc. (CIK: 0000797721)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/ownership.xml View →
Mar 18, 2026 4 xslF345X06/ownership.xml View →
Mar 18, 2026 4 xslF345X06/ownership.xml View →
Mar 16, 2026 4 xslF345X05/ownership.xml View →
Mar 4, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about VSAT

What is the AI rating for VSAT?

Viasat Inc. (VSAT) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VSAT's key strengths?

Claude: Revenue growth of 5.5% YoY in communications infrastructure. Strong free cash flow generation of $526.9M with 15.2% FCF margin.

What are the risks of investing in VSAT?

Claude: Critical: Interest coverage ratio of 0.4x—operating income cannot cover debt service, threatening solvency. Net income loss of $92.9M with -2.7% net margin and negative ROE/ROA for two consecutive years.

What is VSAT's revenue and growth?

Viasat Inc. reported revenue of $3.5B.

Does VSAT pay dividends?

Viasat Inc. does not currently pay dividends.

Where can I find VSAT SEC filings?

Official SEC filings for Viasat Inc. (CIK: 0000797721) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VSAT's EPS?

Viasat Inc. has a diluted EPS of $-0.69.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is VSAT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Viasat Inc. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is VSAT stock overvalued or undervalued?

Valuation metrics for VSAT: ROE of -2.0% (sector avg: 15%), net margin of -2.7% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy VSAT stock in 2026?

Our dual AI analysis gives Viasat Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is VSAT's free cash flow?

Viasat Inc.'s operating cash flow is $1.3B, with capital expenditures of $740.7M. FCF margin is 15.2%.

How does VSAT compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -2.7% (avg: 14%), ROE -2.0% (avg: 15%), current ratio 2.13 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 18, 2026 | Data as of: 2025-12-31 | Powered by Claude AI