VIASAT INC (VSAT) Form 8-K — Aug 4, 2026

$VSATForm 8-KItems 2.02, 9.01Filed Aug 4, 2026, 4:24 PM ET0001193125-26-332896Original filing

Viasat reported Q1 FY2027 revenue of $1.16 billion, down 1% year-over-year, with a net loss of $51.7 million — an improvement from a $56.4 million loss a year earlier, driven primarily by reduced interest expense from continued debt paydown, partially offset by a higher income tax provision. Adjusted EBITDA fell 7% YoY to $381.1 million, with the Defense and Advanced Technologies segment down 20% and Communication Services down 3%, as growth in aviation, government satcom, and tactical networking was offset by the expected decline in fixed broadband (FS&O service revenue -27% YoY) and lower IP licensing revenue.

Key figures

Eps: -$0.38 GAAP diluted; $0.17 non-GAAP diluted (flat YoY)
Revenue: $1,156.5 million
Guidance: FY2027: mid-single-digit YoY revenue growth; Adjusted EBITDA flat to up slightly; capex $950M-$1.0B (incl. ~$250-300M Inmarsat-related); operating cash flow flat YoY; free cash flow ~$180M (excludes non-recurring Ligado lump sum)
Net Income: -$51.7 million net loss (improved from -$56.4 million in Q1 FY2026)
Total Debt: $6.57 billion total debt; $4.83 billion net debt (flat sequentially)
Revenue Yoy: -1%
Total Assets: $15.11 billion
Cash Position: $1.74 billion cash and equivalents; $2.9 billion total available liquidity (incl. $1.15B undrawn revolvers)
Capex: $219 million, +11% YoY
Backlog: $4,217.7 million, +19% YoY
Dat Segment: revenue $331.5M (-4% YoY), Adjusted EBITDA $69.9M (-20% YoY), record awards $523.9M (+22% YoY), record backlog $1.4B (+32% YoY), book-to-bill 1.6x
Free Cash Flow: $72 million excluding non-recurring items, +19% YoY; $189 million for twelve months ended June 30, 2026
Adjusted EBITDA: $381.1 million, -7% YoY
Fixed Broadband: ~115,000 U.S. subscribers, $111 ARPU
Pts GIdiq Ceiling: $4 billion across program awardees
Net Leverage Ratio: 3.2x, down 0.4x YoY
New Contract Awards: $1,298.0 million, +10% YoY
Commercial Aviation: ~4,530 aircraft in service, +10% YoY
Comm Services Segment: revenue $825.1M (flat YoY), Adjusted EBITDA $311.3M (-3% YoY), backlog $2.8B (+13% YoY)

Price after filing

1 day: +4.8%7 days: +8.9%30 days: -9.9%

Close on the filing date to close N calendar days later (from $77.60). Historical, not a forecast.

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