Filing Flows › Viasat (VSAT) › Q4 FY25
Viasat (VSAT) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed May 27, 2025
Viasat (VSAT) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), -0.3% from a year earlier and +2% from the quarter before. Operating margin was -13.4%, net loss $241M (21.0% of revenue).
Viasat, Q4 FY25: revenue $1.1B (-0.3% year over year), operating margin -13.4%, net loss $241M, operating cash flow $298M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +2% | -0.3% |
| Operating profit | −$154M | — | — |
| Net earnings | −$241M | — | — |
| Operating cash flow | $298M | +36% | +29% |
What changed
Revenue was $1.1B in Q4 FY25, roughly flat year over year and up 2% from the previous quarter. Service was the largest line at 70% of revenue.
Operating costs exceeded revenue by $0.15B, an operating margin of -13.4%. Total costs grew 13% against flat revenue. The fastest-growing cost line was SG&A (+66%). The quarter ended with a net loss of $0.24B, wider than the previous quarter's $0.15B loss.
Operating cash flow was $0.30B (up 29% year over year). Non-cash charges added back $0.34B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.19B.
Questions
What was Viasat's revenue in the fourth quarter fiscal 2025?
Viasat (VSAT) reported revenue of $1.1B for the fourth quarter fiscal 2025 (Q4 FY25), -0.3% from a year earlier and +2% from the quarter before.
Was Viasat profitable in the fourth quarter fiscal 2025?
Operating loss was $154M (-13.4% of revenue) and net loss $241M.
Source: Viasat 10-K on SEC EDGAR.