--- title: "ViaSat | 10-Q: FY2026 Q3 Revenue Misses Estimate at USD 1.157 B" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/275180017.md" datetime: "2026-02-06T22:22:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275180017.md) - [en](https://longbridge.com/en/news/275180017.md) - [zh-HK](https://longbridge.com/zh-HK/news/275180017.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/275180017.md) | [English](https://longbridge.com/en/news/275180017.md) # ViaSat | 10-Q: FY2026 Q3 Revenue Misses Estimate at USD 1.157 B Revenue: As of FY2026 Q3, the actual value is USD 1.157 B, missing the estimate of USD 1.167 B. EPS: As of FY2026 Q3, the actual value is USD 0.18, beating the estimate of USD -0.2814. EBIT: As of FY2026 Q3, the actual value is USD -51.81 M. #### Overall Company Financial Performance - **Net Income (Loss) Attributable to 卫讯公司**: - For the three months ended December 31, 2025, net income was $25.0 million, compared to - $158.4 million in the prior year period. - For the nine months ended December 31, 2025, net income was - $92.9 million, compared to - $328.9 million in the prior year period. - **Cash Flow from Operating Activities**: - For the nine months ended December 31, 2025, cash flow was $1,267.6 million, an increase from $609.7 million in the prior year period. - **Cash Flow from Investing Activities**: - For the nine months ended December 31, 2025, cash flow was - $663.7 million, compared to - $524.9 million in the prior year period. - **Cash Flow from Financing Activities**: - For the nine months ended December 31, 2025, cash flow was - $867.5 million, compared to - $435.9 million in the prior year period. - **Total Long-Term Debt**: - As of December 31, 2025, total long-term debt was $6.4 billion, down from $7.2 billion as of December 31, 2024. #### Communication Services Segment - **Segment Revenue**: - For the three months ended December 31, 2025, segment revenue was $825.3 million, a 1% increase from $820.3 million in 2024. - Service revenues increased by $6.6 million to $765.6 million. - Product revenues decreased by $1.6 million to $59.8 million. - Aviation services revenue increased by $39.8 million to $303.7 million. - Government satcom services revenue increased by $7.3 million to $202.4 million. - Fixed services and other services revenue decreased by $36.6 million to $144.6 million. - Maritime services revenue decreased by $3.9 million to $114.9 million. - For the nine months ended December 31, 2025, segment revenue was $2,489.4 million, a 1% increase from $2,473.5 million in 2024. - Service revenues increased by $39.1 million to $2,312.6 million. - Product revenues decreased by $23.3 million to $176.8 million. - Aviation services revenue increased by $114.3 million to $897.3 million. - Government satcom services revenue increased by $31.1 million to $589.9 million. - Fixed services and other services revenue decreased by $92.7 million to $475.0 million. - Maritime services revenue decreased by $13.7 million to $350.3 million. - **Segment Operating Profit (Loss)**: - For the three months ended December 31, 2025, operating profit was $38.0 million (5% of segment revenues), a 14% decrease from $44.4 million in the prior year period. - For the nine months ended December 31, 2025, operating profit was $150.3 million (6% of segment revenues), a 75% increase from $85.8 million in the prior year period. - **Operational Metrics**: - As of December 31, 2025, approximately 4,460 commercial aircraft (140 inactive) and 2,100 business jets had In-Flight Connectivity (IFC) Systems Installed. - Approximately 13,400 vessels had Ka-band Communication Services as of December 31, 2025. - U.S. Fixed Broadband Subscribers totaled approximately 143,000 as of December 31, 2025, with an average monthly revenue per user of $112. #### Defense and Advanced Technologies Segment - **Segment Revenue**: - For the three months ended December 31, 2025, segment revenue was $331.7 million, a 9% increase from $303.4 million in 2024. - Product revenues increased by $21.4 million to $274.5 million. - Service revenues increased by $6.9 million to $57.2 million. - Tactical networking products revenue increased by $15.4 million to $93.9 million. - Information security and cyber defense products revenue increased by $7.5 million to $97.0 million. - For the nine months ended December 31, 2025, segment revenue was $979.6 million, a 9% increase from $899.0 million in 2024. - Product revenues increased by $77.5 million to $821.5 million. - Service revenues increased by $3.2 million to $158.1 million. - Information security and cyber defense products revenue increased by $65.5 million to $294.0 million. - Space and mission systems products revenue increased by $13.9 million to $243.7 million. - Tactical networking products revenue increased by $6.4 million to $236.4 million. - **Segment Operating Profit (Loss)**: - For the three months ended December 31, 2025, operating profit was $53.1 million (16% of segment revenues), a 24% increase from $42.7 million in the prior year period. - For the nine months ended December 31, 2025, operating profit was $154.1 million (16% of segment revenues), a 9% decrease from $168.6 million in the prior year period. #### Other Key Financial and Operational Metrics - **Backlog**: - Total firm backlog was $3,967.3 million as of December 31, 2025, with $2,790.8 million in Communication Services and $1,176.5 million in Defense and Advanced Technologies. - Total funded backlog was $3,714.2 million, with $2,770.7 million in Communication Services and $943.5 million in Defense and Advanced Technologies. - Approximately $1.0 billion in new awards were received for the three months ended December 31, 2025, and $3.7 billion for the nine months ended December 31, 2025. - **Ligado Settlement**: - 卫讯公司 anticipates receiving $568 million from Ligado in fiscal year 2026, including a $420 million lump sum payment received in October 2025 and a $100 million lump sum payment due on March 31, 2026. - Quarterly payments of approximately $16 million, with an annual 3% escalator, resumed starting September 30, 2025. - **Strategic Outlook**: - 卫讯公司 plans to continue investing in Independent Research and Development (IR&D) to maintain leadership in satellite and space technologies, including for new generation satellite designs and next-generation satellite network solutions. - The company aims to provide essential capacity density, market access, speed, bandwidth, and responsiveness by leveraging its satellite fleet, national operator partnerships, and third-party satellites. - 卫讯公司 is innovating advanced multi-orbit resource management techniques to reduce costs, expand geographic coverage, and drive capital efficiency. - **Satellite Fleet and Development**: - 卫讯公司 currently operates a fleet of 23 in-service or operational satellites. - The ViaSat-3 F2 satellite was launched on November 13, 2025, with commercial service expected in the first half of fiscal year 2027, and eight additional geostationary earth orbit (GEO) satellites are under development. - **Divestiture**: - In December 2025, 卫讯公司 entered into an agreement to sell its equity method investment in Navarino UK, with the transaction expected to close in the fourth quarter of fiscal year 2026. ### 相關股票 - [ViaSat (VSAT.US)](https://longbridge.com/zh-HK/quote/VSAT.US.md) ## 相關資訊與研究 - [Delta Selects Amazon Satellite Internet For 500 Aircraft Starting 2028](https://longbridge.com/zh-HK/news/281253560.md) - [Why Viasat Stock Soared Almost 19% Higher Today](https://longbridge.com/zh-HK/news/281587012.md) - [Aehr Test Systems to Announce Third Quarter Fiscal 2026 Financial Results on April 7, 2026 | AEHR Stock News](https://longbridge.com/zh-HK/news/281009812.md) - [Iridium, Viasat stocks surge. 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