Viasat Reports Q2 2027 Revenue Growth Driven by Defense Segment Amid Net Loss
Viasat Inc. (VSAT) reported second-quarter revenue of $1.2 billion, a 3% increase year-over-year, primarily fueled by strong performance in its Defense and Advanced Technologies (DAT) segment. Despite the revenue growth, the company recorded a net loss of $129 million, an increase from the previous year due to higher research and development spending and tax provisions. The company is currently transitioning from high capital intensity associated with the ViaSat-3 constellation toward a focus on debt reduction and free cash flow generation. While the DAT segment saw significant growth in revenue and EBITDA, other areas like Fixed Services and Maritime experienced declines. Management has increased its full-year 2027 free cash flow guidance to over $225 million.
Tickers: $VSAT
Topics: adjusted EBITDA backlog free cash flow guidance net loss revenue