secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001193125-25-173528
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312525173528/0001193125-25-173528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312525173528/d908372d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-173528

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