Viasat, Inc. (VSAT) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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VSAT Revenue Growth
Revenue Breakdown (FY 2024)
VSAT's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
VSAT Revenue Analysis (2013–2024)
As of May 8, 2026, Viasat, Inc. (VSAT) generated trailing twelve-month (TTM) revenue of $4.62 billion, reflecting modest growth of +3.0% year-over-year. The most recent quarter (Q3 2025) recorded $1.16 billion in revenue, up 1.4% sequentially.
Looking at the longer-term picture, VSAT's 5-year compound annual growth rate (CAGR) stands at +14.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $4.52 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows VSAT's business is primarily driven by Service (71%), and Product (29%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including SATS (-5.2% YoY), GSAT (+8.5% YoY), and IRDM (+4.1% YoY), VSAT has underperformed the peer group in terms of revenue growth. Compare VSAT vs SATS →
VSAT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VSATCurrent | $4.6B | +3.0% | +14.4% | -2.2% | |
 SATS | $15.0B | -5.2% | +51.4% | -118.1% | |
 GSAT | $250M | +8.5% | +13.7% | -0.4% | |
 IRDM | $872M | +4.1% | +8.4% | 27.1% | |
 GILT | $452M | +47.9% | +22.1% | 4.5% | |
 LHX | $21.9B | +5.8% | +3.7% | 10.0% |
VSAT Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $4.52B | +5.5% | $1.49B | 33.0% | $-97,480,000 | -2.2% |
| 2023 | $4.28B | +67.6% | $1.38B | 32.3% | $-889,806,000 | -20.8% |
| 2022 | $2.56B | +5.7% | $721.4M | 28.2% | $-155,956,000 | -6.1% |
| 2021 | $2.42B | +25.8% | $705.9M | 29.2% | $-113,141,000 | -4.7% |
| 2020 | $1.92B | -16.8% | $565.2M | 29.4% | $-45,953,000 | -2.4% |
| 2019 | $2.31B | +11.7% | $699.6M | 30.3% | $38.4M | 1.7% |
| 2018 | $2.07B | +29.7% | $530.5M | 25.7% | $-60,620,000 | -2.9% |
| 2017 | $1.59B | +2.3% | $473.8M | 29.7% | $-92,187,000 | -5.8% |
| 2016 | $1.56B | +10.0% | $510.4M | 32.7% | $36.5M | 2.3% |
| 2015 | $1.42B | +2.5% | $433.1M | 30.6% | $41.1M | 2.9% |
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Start ComparisonVSAT — Frequently Asked Questions
Quick answers to the most common questions about buying VSAT stock.
Is VSAT's revenue growth accelerating or slowing?
VSAT revenue growth slowed to +3.0%, below the 5-year CAGR of +14.4%. TTM revenue is $4.6B. The deceleration marks a shift from historical growth rates.
What is VSAT's long-term revenue growth rate?
Viasat, Inc.'s 5-year revenue CAGR of +14.4% reflects the variable expansion pattern. Current YoY growth of +3.0% is near this long-term average.
How is VSAT's revenue distributed by segment?
VSAT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.