earnings
confidence high
sentiment neutral
materiality 0.70
Viasat Q1 FY2027 revenue $1.2B, net loss $52M; awards up 10% YoY, VS-3 satellites progressing
VIASAT INC
- Revenue $1.2B (-1% YoY); net loss $52M vs $56M loss prior year; adjusted EBITDA $381M (-7% YoY).
- Free cash flow ex non-recurring $72M (+19% YoY); net leverage ratio 3.2x, down 0.4x YoY.
- Defense & Advanced Tech awards record $524M (+22% YoY); backlog $1.4B (+32% YoY).
- VS-3 F2 bus IOT complete, service entry by Sep 2026; VS-3 F3 entered IOT, APAC service late Aug/early Sep 2026.
- Subsequent: Hapag-Lloyd NexusWave deal; BMW NTN voice call demo; PTS-G contract with $4B IDIQ ceiling.