Viasat's fourth quarter fiscal 2026 revenue grew 2% driven by a 12% surge in its Defense segment.

Viasat reported fourth quarter fiscal 2026 revenue of $1.17 billion, a 2% year-over-year increase, and diluted EPS of $0.41. For the full fiscal year, revenue grew 3% to $4.64 billion, while the company generated positive free cash flow for the fifth consecutive quarter.

Key Highlights

• The Defense and Advanced Technologies segment was the primary growth driver, with revenue increasing 12% YoY to $361.0 million and segment Adjusted EBITDA growing 20% to $82.5 million.
• Communication Services segment revenue declined 2% YoY to $810.3 million, as an 11% increase in aviation service revenue was more than offset by a 24% decline in Fixed Services & Other (FS&O) service revenue.
• The company ended fiscal 2026 with a record backlog of $4.1 billion, up 15% from the prior year, following record new contract awards of $4.9 billion for the year.