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Viasat (VSAT) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 29, 2026
Viasat (VSAT) reported revenue of $1.2B for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and +1% from the quarter before. Operating margin was -0.1%, net earnings $66.0M (5.6% of revenue).
Viasat, Q4 FY26: revenue $1.2B (+2% year over year), operating margin -0.1%, net earnings $66.0M, operating cash flow $322M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +1% | +2% |
| Operating profit | −$624K | -102% | — |
| Net earnings | $66.0M | +164% | — |
| Operating cash flow | $322M | -56% | +8% |
What changed
Revenue was $1.2B in Q4 FY26, up 2% year over year and up 1% from the previous quarter. Service was the largest line at 69% of revenue.
Operating costs exceeded revenue by $624K, an operating margin of -0.1%. Total costs fell 10% while revenue rose 2%. The fastest-growing cost line was Research & development (+23%). Net earnings were $0.06B. The effective tax rate was 37.8%. Non-operating items added $0.11B, 101% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.32B (up 8% year over year), 488% of net income including minority interests. Non-cash charges added back $0.35B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.11B.
Questions
What was Viasat's revenue in the fourth quarter fiscal 2026?
Viasat (VSAT) reported revenue of $1.2B for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and +1% from the quarter before.
Was Viasat profitable in the fourth quarter fiscal 2026?
Operating loss was $624K (-0.1% of revenue) and net earnings $66.0M.
Source: Viasat 10-K on SEC EDGAR.