OverviewSuggest Edit

Viasat is a company that offers communications products and services. It provides broadband internet access, in-flight internet and aviation software, mobile broadband services comprising network management, and high-speed Internet connectivity services. The company also offers government satellite communication systems, including various mobile and fixed broadband modems, terminals, and network access control systems. Viasat provides installation, integration, and sustainment support services for its products and networks.
TypePublic
Founded1986
HQCarlsbad, CA, US
Websiteviasat.com
Employee Ratings4.1
Overall CultureB+

Latest Updates

Employees (est.) (Mar 2021)5,800(-4%)
Job Openings1,524
Revenue (FY, 2021)$2.3 B(-2%)
Share Price (Sept 2021)$47.8(-4%)
Cybersecurity ratingFMore

Key People/Management at Viasat

Mark Dankberg

Mark Dankberg

Chairman of the Board, Executive Chairman and Co-Founder
Richard Baldridge

Richard Baldridge

President & Chief Executive Officer and Board Director
Shawn Duffy

Shawn Duffy

Senior Vice President and Chief Financial Officer
Evan Dixon

Evan Dixon

President, Global Fixed Broadband
Mark Miller

Mark Miller

Executive Vice President, Chief Technical Officer and Co-Founder
Jim Dodd

Jim Dodd

Senior Vice President and President, Global Enterprise & Mobility
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Viasat Office Locations

Viasat has offices in Carlsbad, Austin, Boston, Bryan and in 22 other locations
Carlsbad, CA, US (HQ)
6155 El Camino Real
Austin, TX, US
111 Sandra Muraida Way #100
Boston, MA, US
100 Summer St #250
Bryan, TX, US
3902 South Traditions Drive
Duluth, GA, US
700, 1725 Breckinridge Plaza
Englewood, CO, US
349 Inverness Dr S
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Viasat Financials and Metrics

Viasat Revenue

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Viasat's revenue was reported to be $2.26 b in FY, 2021 which is a 2.3% decrease from the previous period.
USD

Revenue (Q1, 2022)

664.9m

Gross profit (Q1, 2022)

210.9m

Gross profit margin (Q1, 2022), %

31.7%

Net income (Q1, 2022)

18.0m

EBIT (Q1, 2022)

16.3m

Market capitalization (14-Sept-2021)

3.3b

Closing stock price (14-Sept-2021)

47.8

Cash (30-Jun-2021)

275.7m

EV

5.5b
Viasat's current market capitalization is $3.3 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

2.1b2.3b2.3b

Revenue growth, %

30%12%(2%)

Cost of goods sold

1.5b1.6b1.6b

Gross profit

530.5m699.6m691.8m
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

517.5m554.7m537.0m592.3m588.2m530.5m554.3m575.6m664.9m

Cost of goods sold

392.1m402.7m384.5m410.1m404.2m385.6m387.3m391.3m454.0m

Gross profit

125.3m152.0m152.6m182.2m184.0m144.9m167.0m184.3m210.9m

Gross profit Margin, %

24%27%28%31%31%27%30%32%32%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

261.7m304.3m295.9m

Accounts Receivable

300.3m330.7m238.7m

Inventories

234.5m294.4m336.7m

Current Assets

887.2m1.0b991.2m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(66.5m)13.8m17.1m

Depreciation and Amortization

318.6m342.2m397.1m

Inventories

(36.6m)(59.0m)(42.5m)

Accounts Payable

(5.7m)28.2m(24.4m)
Quarterly
USDQ2, 2019

EV/EBIT

-230.1 x

EV/CFO

44.6 x

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x

P/E Ratio

(148.7)
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Viasat Operating Metrics

Viasat's Backlog was reported to be $2.2b in Q1, 2022. Viasat's Subscribers was reported to be 590 k in FY, 2021.
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Viasat Acquisitions / Subsidiaries

Company NameDateDeal Size
RigNetDecember 21, 2020$222 m
Horsebridge Defence & Security Ltd.June 13, 2018
ArconicsNovember 14, 2016$21.6 m
Engreen, Inc.June 11, 2015
NetNearUJune 10, 2014
LonoCloudApril 12, 2013
Stonewood GroupJune 05, 2010
WildBlueOctober 01, 2009$568 m
JAST Antenna SystemsJuly 24, 2007$2 m
Intelligent Compression TechnologiesFebruary 20, 2007$20 m
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Viasat Revenue Breakdown

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Viasat revenue breakdown by business segment: 14.2% from Commercial networks, 38.5% from Satellite services and 47.3% from Government Systems

Viasat revenue breakdown by geographic segment: 91.5% from United States and 8.5% from Other

Viasat Cybersecurity Score

Cybersecurity ratingPremium dataset

F

52/100

SecurityScorecard logo

Viasat Online and Social Media Presence

Embed Graph

Viasat Company Culture

  • Overall Culture

    B+

    72/100

  • CEO Rating

    A+

    81/100

  • Compensation

    B+

    76/100

  • Diversity

    B

    72/100

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Viasat News and Updates

Viasat Introduces Next-Generation Data-At-Rest Encryption Storage Device for Global Defence Customers

FARNBOROUGH, United Kingdom, Sept. 14, 2021 /PRNewswire/ -- Viasat UK Ltd., a subsidiary of global communications company, Viasat Inc. (NASDAQ: VSAT), today announced a next-generation encryption storage solution, the data-at-rest cryptography solid state drive (DARC-SSD), as the latest...

Viasat Makes Connectivity in Mexico More Accessible; Introduces Simplified Payment Options at OXXO Convenience Stores Nationwide

MEXICO CITY, Aug. 12, 2021 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has made accessing Viasat's internet service easier for consumers and businesses across Mexico by offering new simplified payment options—now available at OXXO's...

Returning airline traffic boosts Viasat and Intelsat financials

The recovering in-flight connectivity (IFC) market is providing lift for satellite operators Viasat and Intelsat, which said their financial results got a boost from passengers returning to the skies. SpaceNews

Viasat Releases First Quarter Fiscal Year 2022 Financial Results

Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced its first quarter fiscal year 2022 financial results in a letter to shareholders.

Viasat Sets August 5, 2021 for First Quarter Fiscal Year 2022 Financial Results Conference Call and Webcast

Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it will release its first quarter fiscal year 2022 financial results on Thursday, August 5, 2021, before the market opens, via a letter to shareholders posted to the Investor Relations section of its website. The Company wi…

Viasat Sets August 5, 2021 for First Quarter Fiscal Year 2022 Financial Results Conference Call and Webcast

Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it will release its first quarter fiscal year 2022 financial results on Thursday, August 5, 2021, before the market opens, via a letter to shareholders posted to the Investor Relations section of its website. The Company wi…
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Viasat Frequently Asked Questions

  • When was Viasat founded?

    Viasat was founded in 1986.

  • Who are Viasat key executives?

    Viasat's key executives are Mark Dankberg, Richard Baldridge and Shawn Duffy.

  • How many employees does Viasat have?

    Viasat has 5,800 employees.

  • What is Viasat revenue?

    Latest Viasat annual revenue is $2.3 b.

  • What is Viasat revenue per employee?

    Latest Viasat revenue per employee is $389 k.

  • Who are Viasat competitors?

    Competitors of Viasat include Anuvu, EchoStar and Inmarsat.

  • Where is Viasat headquarters?

    Viasat headquarters is located at 6155 El Camino Real, Carlsbad.

  • Where are Viasat offices?

    Viasat has offices in Carlsbad, Austin, Boston, Bryan and in 22 other locations.

  • How many offices does Viasat have?

    Viasat has 26 offices.