Shekar Ayyar
On May 6, 2026, the Board of Directors (the “Board”) of Viasat, Inc. (the “Company”) appointed Shekar Ayyar to serve as an independent Class II director with an initial term expiring at the Company’s 2028 annual meeting of stockholders
Highest-materiality recent filing
Viasat FY2026 revenue $4.6B record; net loss narrows to $34M; Adj EBITDA $1.6B record
Full-year revenue $4.6B (record), Adj EBITDA $1.6B (record); net loss $34M vs $575M prior year.
Viasat appoints two independent directors, enters cooperation agreement with Carronade Capital
Shekar Ayyar (Arrcus CEO) and Jinhy Yoon (former PIMCO EVP) appointed as independent directors effective May 6, 2026.
Viasat swings to Q3 net income $25M; revenue up 3% to $1.157B; VS-3 F2 service entry May
Net income of $25M vs loss $158M last year; revenue $1.157B (+3% YoY); Adj EBITDA $387M (-2% YoY).
Ex-Im Bank credit facility of $188.7M; $175.8M to finance 85% of ViaSat-3 F1 costs and $12.9M for exposure fees.
Viasat Q2 FY2026 net loss $61M improves from $138M; revenue $1.1B (+2% YoY)
Revenue $1.1B, net loss $61M improves from $138M loss in Q2 FY2025.
Viasat Q1 FY26 revenue $1.2B (+4% YoY), Adj. EBITDA $408M (+1%); net loss widens to $56M
Revenue $1.2B (+4% YoY); Defense & Advanced Tech +15%, Communication Services flat.
Viasat expects $568M from Ligado settlement; lawsuit dismissed
Inmarsat agrees to binding term sheet with Ligado and AST to settle opposition to Ligado's Chapter 11 restructuring.
Viasat reports Q4 net loss $246M, includes $169M impairment; FY2025 revenue record $4.5B
Q4 FY2025 revenue $1.1B flat YoY; net loss $246M vs $90M loss a year ago, driven by $169M impairment on ViaSat-3 EMEA ground network.
Revenue $1.1B flat YoY; net loss $158M increased from $124M in Q3 FY24, primarily on debt extinguishment loss.
Viasat Q2 FY2025 revenue $1.1B, net loss $138M, record awards $1.3B; maintains FY outlook
Revenue $1.1B (-8% YoY); net loss $138M vs -$767M prior year (prior year included satellite impairment).
Viasat units issue $1.975B 9.000% senior secured notes due 2029; redeem 6.750% notes due 2026
Issuers placed $1.975B aggregate principal of 9.000% senior secured notes maturing Sept 15, 2029.
Viasat subsidiaries close $1.975B 9.000% senior secured notes due 2029
Offering upsized from initial $1.25B to $1.975B aggregate principal amount.
Viasat subsidiaries upsize and price $1.975B of 9.000% senior secured notes due 2029
Issuers upsized offering from $1.25B to $1.975B aggregate principal amount.
Viasat announces $1.25B Inmarsat Notes offering and $152M in debt repurchases
Issuing $1.25B senior secured notes due 2029 to redeem a portion of outstanding 6.75% Inmarsat 2026 notes.
Viasat appoints Gary Chase as CFO, effective Sep 16; Shawn Duffy becomes CAO
Appoints Gary Chase (Garrett L. Chase) as CFO, effective Sep 16, 2024; succeeds Shawn Duffy who becomes Chief Accounting Officer.
Viasat Q1 FY2025 net loss narrows to $33M; raises FY2025 revenue and EBITDA outlook
Net loss $33M vs $77M loss YoY; revenue $1.1B (+44%); Combined revenue +6% YoY.
Q4 FY2024 revenue $1.15B (+73% YoY); net loss $90M vs $62M loss a year ago, driven by higher interest expense.
Viasat subsidiary refinances $1.75B term loan, extends maturities through 2029
New $1.3B term loan matures Sep 2029; fully drawn, proceeds repaid ~$1.384B of existing 2026 TLB.
Viasat Q3 FY2024 revenue $1.1B; net loss $124M, Adj. EBITDA $383M; synergy target raised
Revenue $1.1B (+73% YoY as reported; +8% on combined basis); Adj. EBITDA $383M (+214% as reported, +11% combined).
Net loss $767M, driven by $900M net impairment charge on ViaSat-3 F1, Inmarsat-6 F2, and ViaSat-4 write-downs.
Viasat to cut ~800 jobs (10% of workforce) in post-Inmarsat integration
Workforce reduction of approximately 800 roles, about 10% of global workforce.
Viasat: ViaSat-3 F1 recovers <10% throughput; no replacement needed; free cash flow ahead of plan
ViaSat-3 F1 payload functional but less than 10% of planned throughput expected; insurance coverage $420M in place.
Viasat amends $616.7M term loan; covenants and prepayment events modified
Amended $616.7M term loan facility originally fully drawn May 30, 2023, maturing May 2030.
Viasat prices $733.4M of 7.500% Senior Notes due 2031 to repay bridge loan
$733.4M aggregate principal of 7.500% Senior Notes due 2031 priced at 100% of face value.
Viasat to issue $733.4M senior notes; pro forma shows $338M net loss
$733.4M senior unsecured notes due 2031 issued via private placement to repay bridge facility.
Viasat amends $597.5M credit facility, extends maturity to 2028, adds $40M commitment
Aggregate revolving commitments of $597.5M after amendment; maturity extended to August 24, 2028 (or earlier springing date).
Viasat Q1 FY24 revenue $780M (+36% YoY), net loss $77M; Inmarsat acquisition adds $134M revenue
Adjusted EBITDA $183M (+87% YoY); includes $72M from one month of Inmarsat contributions.
ViaSat-3 Americas satellite experienced an unexpected event during reflector deployment, potentially materially affecting performance.
Viasat files Inmarsat FY2022 audited financials; revenue $1.47B, net income $48M
Inmarsat 2022 revenue $1,474.1M (up 9% YoY from $1,352.4M); operating profit $251.3M (up from $104.2M).
Viasat completes acquisition of Inmarsat for $551M cash and 46.4M shares
Acquisition closed with $551M cash (adjusted from $850M after Inmarsat special dividend) and 46.36M VSAT shares (~37.6% fully diluted).
Viasat Q4 revenue up 10% to $666M; Adj. EBITDA up 21% to $124M; ViaSat-3 launched
Q4 FY23 revenue from continuing ops $666M (+10% YoY); net loss $62M; Adj. EBITDA $124M (+21% YoY).
Viasat names Guru Gowrappan President; $1M salary, $15M equity grants
Gowrappan, former Verizon Media Group CEO, appointed President effective April 13, 2023.
Viasat Q3 net loss $42M, closes $1.96B TDL sale; ViaSat-3 launch set for Apr 8
Q3 FY2023 revenue $714M (slightly down YoY); net loss $42M vs $6.6M loss in prior year.
On May 6, 2026, the Board of Directors (the “Board”) of Viasat, Inc. (the “Company”) appointed Shekar Ayyar to serve as an independent Class II director with an initial term expiring at the Company’s 2028 annual meeting of stockholders
On May 21, 2025, Andrew Sukawaty tendered his resignation from the Board and all applicable Board committees, effective immediately.
Additionally, on May 9, 2025, the Board appointed William LaPlante and Michael Paull as directors.
On May 9, 2025, James Bridenstine resigned from the Board of Directors (the “Board”) of Viasat, Inc. (the “Company”).
Additionally, on May 9, 2025, the Board appointed William LaPlante and Michael Paull as directors.
announced that Kevin Harkenrider, the Company’s Executive Vice President and Chief Corporate Officer, will retire from such role on June 30, 2025
Rajeev Suri notified the Company that he intends to retire from the Board effective immediately.
Girish Chandran, the Company’s Chief Technology Officer, will take on additional responsibilities as the President of Global Space Networks as of January 22, 2025
On January 22, 2025, Viasat, Inc. (the “Company”) announced that Kumara Guru Gowrappan will cease serving as President of the Company as of January 23, 2025.
Craig Miller, the Company’s President, Global Space Networks, ceased serving in such position as of the Transition Date and will continue his employment with the Company as Senior Vice President, Strategic Initiatives.
He will succeed Shawn Duffy, who will remain with Viasat in the role of Chief Accounting Officer.
On August 23, 2024, Garrett L. Chase agreed to join Viasat, Inc. (“Viasat”) in the role of Senior Vice President and Chief Financial Officer, effective September 16, 2024.
Max materiality 0.90 · Median 0.65 · Most common event earnings