Filing Flows › Viasat (VSAT) › Q1 FY26
Viasat (VSAT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 8, 2025
Viasat (VSAT) reported revenue of $1.2B for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and +2% from the quarter before. Operating margin was 4.0%, net loss $47.7M (4.1% of revenue).
Viasat, Q1 FY26: revenue $1.2B (+4% year over year), operating margin 4.0%, net loss $47.7M, operating cash flow $258M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +2% | +4% |
| Operating profit | $46.7M | — | — |
| Net earnings | −$47.7M | — | — |
| Operating cash flow | $258M | -13% | +71% |
What changed
Revenue was $1.2B in Q1 FY26, up 4% year over year and up 2% from the previous quarter. Service was the largest line at 71% of revenue. Product added $0.04B year over year (up 13%), 87% of the total change.
Operating profit was $0.05B, a 4.0% margin (down 1.3 points year over year). Operating profit fell $0.01B even though revenue rose $0.04B versus a year earlier, so costs grew faster than sales. Total costs grew 5% against revenue growth of 4%. The quarter ended with a net loss of $0.05B, narrower than the previous quarter's $0.24B loss. Net interest and other expense of $0.09B was the main reason.
Operating cash flow was $0.26B (up 71% year over year). Non-cash charges added back $0.34B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B.
Questions
What was Viasat's revenue in the first quarter fiscal 2026?
Viasat (VSAT) reported revenue of $1.2B for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and +2% from the quarter before.
Was Viasat profitable in the first quarter fiscal 2026?
Operating profit was $46.7M (4.0% of revenue) and net loss $47.7M.
Source: Viasat 10-Q on SEC EDGAR.