OverviewSuggest Edit

Viasat is a company that offers communications products and services. The Company provides broadband Internet access, in-flight Internet and aviation software, mobile broadband services comprising network management and high-speed Internet connectivity services. It also offers government satellite communication systems, including various mobile and fixed broadband modems, terminals, network access control systems, etc. Viasat provides installation, integration, and sustainment support services for its products and networks.

TypePublic
Founded1986
HQCarlsbad, US
Websiteviasat.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Mar 2018)5,200(+37%)
Job Openings389
Revenue (FY, 2018)$1.6 B(+3%)
Share Price (May 2019)$88.4 (-1%)

Key People/Management at Viasat

Mark Dankberg

Mark Dankberg

Chairman of the Board and Chief Executive Officer
Richard Baldridge

Richard Baldridge

Director, President and Chief Operating Officer
Melinda Del Toro

Melinda Del Toro

Senior Vice President, People and Culture and Chief People Officer
Bruce Dirks

Bruce Dirks

Senior Vice President, Treasury and Corporate Development
Shawn Duffy

Shawn Duffy

Senior Vice President and Chief Financial Officer
Kevin Harkenrider

Kevin Harkenrider

Senior Vice President and President, Broadband Services
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Viasat Office Locations

Viasat has offices in Carlsbad, Independence, Englewood, Germantown and in 20 other locations
Carlsbad, US (HQ)
6155 El Camino Real
Austin, US
111 Sandra Muraida Way #100
Boston, US
100 Summer Street, 100 Summer St #250
Duluth, US
700, 1725 Breckinridge Plaza
Englewood, US
349 Inverness Dr S
Germantown, US
20511 Seneca Meadows Pkwy
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Viasat Financials and Metrics

Viasat Revenue

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View revenue for all periods
Viasat's revenue was reported to be $1.59 b in FY, 2018 which is a 2.3% increase from the previous period.
USD

Revenue (Q3, 2019)

554.7m

Gross profit (Q3, 2019)

328.7m

Gross profit margin (Q3, 2019), %

59.3%

Net income (Q3, 2019)

(10.7m)

EBIT (Q3, 2019)

6.0m

Market capitalization (20-May-2019)

5.3b

Closing stock price (20-May-2019)

88.4

Cash (31-Dec-2018)

43.4m

EV

5.3b
Viasat's current market capitalization is $5.3 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.4b1.4b1.6b1.6b

Revenue growth, %

2%3%10%2%

Cost of goods sold

963.9m984.3m1.0b1.1b

Gross profit

418.6m433.1m510.4m473.8m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

52.3m42.1m130.1m71.4m

Accounts Receivable

266.3m286.7m263.7m267.7m

Prepaid Expenses

44.7m47.6m57.8m77.1m

Inventories

128.4m145.2m163.2m196.3m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

42.5m46.4m63.9m47.3m51.3m284.9m160.6m242.7m161.8m54.8m44.5m43.4m

Accounts Receivable

294.5m304.5m259.8m262.7m276.5m254.8m215.1m251.9m228.0m236.1m268.8m295.3m

Prepaid Expenses

47.2m47.8m48.4m53.5m49.3m53.6m66.2m72.4m76.4m103.0m233.3m

Inventories

127.3m123.3m141.3m155.5m151.6m158.5m177.9m181.4m182.1m220.0m232.1m230.1m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

39.9m21.8m21.8m(68.3m)

Depreciation and Amortization

221.4m242.1m245.9m255.7m

Inventories

(1.2m)(26.7m)(12.4m)(37.6m)

Accounts Payable

862.0k5.3m972.0k32.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

2.5m7.4m17.4m2.2m12.9m17.5m(9.2m)(23.1m)(48.8m)(35.5m)(61.1m)(71.8m)

Depreciation and Amortization

57.3m118.4m182.2m60.0m121.8m183.4m63.9m124.8m186.4m77.8m157.3m238.1m

Inventories

(3.1m)(4.5m)(20.1m)(11.7m)(2.1m)(9.8m)(15.2m)(12.5m)(24.1m)(22.2m)(34.2m)(32.2m)

Accounts Payable

(3.4m)(3.7m)(8.7m)(18.3m)(8.9m)(7.8m)(11.2m)(7.7m)5.8m(386.0k)19.9m4.2m
USDY, 2018

EV/EBIT

886.4 x

EV/CFO

24.8 x

Financial Leverage

1.9 x
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Viasat Operating Metrics

Viasat's Subscribers was reported to be 585 k in Q2, 2019. Viasat's Backlog was reported to be $1.9b in Q2, 2019.
Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Jun, 2018Q1, 2018Q2, 2018Q3, 2018Mar, 2018FY, 2018Q1, 2019Q2, 2019

Backlog

$892.30 m$1.02 b$992.90 m$915.60 m$872.50 m$897.80 m$866 m$941.90 m$912.90 m$1.09 b$1.06 b$1.02 b$1.09 b$1.08 b$1.13 b$1.09 b$1.63 b$1.91 b

Locations

26

Satellite Fleet

3 3 4

Subscribers

641 k657 k675 k686 k685 k687 k687 k697 k696 k686 k675 k659 k625 k577 k576 k577 k585 k
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Viasat Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ArconicsNovember 14, 2016$21.60 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
Enerdyne TechnologiesJune 21, 2006$17.50 m
Efficient Channel CodingNovember 25, 2005$26 m
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Viasat Revenue Breakdown

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Viasat revenue breakdown by business segment: 37.0% from Satellite services, 14.6% from Commercial networks and 48.4% from Government Systems

Viasat revenue breakdown by geographic segment: 5.4% from Europe, the Middle East and Africa, 88.0% from United States and 6.6% from Other

Viasat Online and Social Media Presence

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Viasat News and Updates

Discarded Atlas 5 upper stage breaks up in orbit • Viasat, China Satcom partner on IFC • Hughes signs Jupiter-3 customer

The reason for the Atlas 5 upper stage break up, believed to have occurred between March 23 and March 25, is not yet known. SpaceNews.com

Viasat, China Satcom Partner to Bring In-Flight Connectivity Service to Airlines over China

SHANGHAI, April 23, 2019 /PRNewswire/ -- China In-Flight Connectivity Technology Conference: ICT 2019 -- Viasat Inc.(NASDAQ: VSAT), a global communications company, and China Satellite Communications Co., Ltd. (China Satcom), today announced an agreement for a strategic partnership to...

Viasat Introduces Second-Generation Hybrid Ku-/Ka-band In-Flight Connectivity Antenna System for Commercial Wide-body Aircraft

HAMBURG, Germany, April 2, 2019 /PRNewswire/ -- (Aircraft Interiors Expo—Viasat Stand 3A10) — Viasat Inc., (NASDAQ: VSAT), a global communications company, announced today the introduction of its second-generation Ku-/Ka-band shipset, inclusive of an advanced hybrid antenna and...

FIRST UP Satcom | First Ariane 6 to carry 30 OneWeb satellites • Viasat seeking to raise $500 million • Hispasat trials Wi-Fi hotspots in Colombia

Arianespace’s first Ariane 6 mission will carry 30 OneWeb satellites to low Earth orbit. The launch, slated for the second half of 2020, will use the “62” version of the rocket, which has two side boosters. SpaceNews.com

Viasat Announces Proposed Private Placement of $500 Million of Senior Secured Notes

CARLSBAD, Calif., March 19, 2019 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) intends to commence an offering of $500 million in aggregate principal amount of senior secured notes due 2027, subject to market and other conditions. The notes will be offered and sold to qualified...

Viasat to Participate in Two Upcoming Investor Conferences

CARLSBAD, Calif., Feb. 25, 2019 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, announced today that Mark Dankberg, Viasat's chairman and CEO, will present at the following upcoming investor conferences: Morgan Stanley Technology, Media & Telecom Conference on ...
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Viasat Blogs

Checking back in with a satellite internet ‘pioneer’ in rural Missouri

With few options in his remote location, one Viasat Internet customer relies on his satellite internet connection to run his IT consulting business. [...] The post Checking back in with a satellite internet ‘pioneer’ in rural Missouri appeared first on Inside Viasat blog.

New career site aims to help discover the best and brightest talent for Viasat

As the tech industry’s “best-kept secret” continues its global expansion, Viasat debuts a fresh, multi-layered and user-friendly career site [...] The post New career site aims to help discover the best and brightest talent for Viasat appeared first on Inside Viasat blog.

Beware the ‘data vampires’ — tips for managing hidden data usage

Tips on how to manage data usage from a variety of different sources you might not expect [...] The post Beware the ‘data vampires’ — tips for managing hidden data usage appeared first on Inside Viasat blog.

As part of Hispanic Heritage Month, Viasat employees share their stories

Positive examples can be a powerful force to inspire other Hispanics to pursue careers in technology, Viasat employees say. [...] The post As part of Hispanic Heritage Month, Viasat employees share their stories appeared first on Inside Viasat blog.

APEX 2018 shows airlines’ growing appetite for fast, free in-flight internet

When it comes to amenities to improve the airline passenger experience, fast Wi-Fi from Viasat is leading the buzz in the industry. [...] The post APEX 2018 shows airlines’ growing appetite for fast, free in-flight internet appeared first on Inside Viasat blog.

Why changing your Wi-Fi password is so important to online security

It's a good idea to change your Wi-Fi password on a regular basis to ensure no one but your household and guests can gain access to your home network. [...] The post Why changing your Wi-Fi password is so important to online security appeared first on Inside Viasat blog.
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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 Melinda Del Toro.

  • How many employees does Viasat have?

    Viasat has 5,200 employees.

  • What is Viasat revenue?

    Latest Viasat annual revenue is $1.6 b.

  • What is Viasat revenue per employee?

    Latest Viasat revenue per employee is $306.7 k.

  • Who are Viasat competitors?

    Competitors of Viasat include Verizon, SES and Intelsat.

  • Where is Viasat headquarters?

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

  • Where are Viasat offices?

    Viasat has offices in Carlsbad, Independence, Englewood, Germantown and in 20 other locations.

  • How many offices does Viasat have?

    Viasat has 26 offices.