Viasat Q1 FY26 revenue $1.2B (+4% YoY), Adj. EBITDA $408M (+1%); net loss widens to $56M

VIASAT INC

2026-Q1 EPS reported -$0.43 revenue$1,171,054,000

Revenue $1.2B (+4% YoY); Defense & Advanced Tech +15%, Communication Services flat.
Net loss $56M vs $33M loss a year ago; Adjusted EBITDA $408M (+1% YoY).
Ligado settlement binding term sheet: expects $568M in FY2026 plus quarterly payments of ~$16M starting Sep.
FY2026 guidance: low single-digit revenue growth, flat Adj. EBITDA; capex guidance improved to $1.2B (down $100M).
Free cash flow $60M in Q1, improvement of $210M YoY; net debt $5.6B flat.

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