Viasat (VSAT) Operating Margin (2009 - 2026)
Viasat's (VSAT) quarterly Operating Margin came in at 4.09% in Q2 2026, up 10.0% year-over-year from 3.72% in Q2 2025, and up 204.88% quarter-over-quarter from 3.9% in Q1 2026.
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Analysis
Viasat (VSAT) Operating Margin (2009 - 2026) Analysis & Trends
Viasat (VSAT) has reported Operating Margin for 18 consecutive years, with 4.09% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 10.0% year-over-year to 4.09% in Q2 2026; TTM through Jun 2026 was 3.13%, a 556.0% increase from a year earlier, with the FY2026 full-year figure at 2.33%, up 449.0% from the prior year.
- Operating Margin was 4.09% for Q2 2026 at Viasat, up from 3.9% in the prior quarter.
- Over five years, Operating Margin peaked at 5.3% in Q2 2024 and troughed at 65.66% in Q3 2023.
- A 5-year average of 5.92% and a median of 3.05% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 6637 bps in 2023 and surged 6347 bps in 2024, its largest moves.
- Over 5 years, Operating Margin stood at 4.81% in 2022, then grew by 19 bps to 3.89% in 2023, then jumped by 149 bps to 1.89% in 2024, then climbed by 20 bps to 2.27% in 2025, then jumped by 80 bps to 4.09% in 2026.
- The last three Operating Margin figures came in at 4.09% (Q2 2026), 3.9% (Q1 2026), and 2.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.05 Bn | 24.60 Bn | 1.65 Bn | 14.34% |
| 2 | AST SpaceMobile | 24.25 Bn | 24.75 Bn | 9.12 Mn | -1,015.16% |
| 3 | Globalstar | 10.67 Bn | 10.26 Bn | 41.17 Mn | -7.37% |
| 4 | Viasat | 10.38 Bn | 8.72 Bn | 643.41 Mn | 4.09% |
| 5 | Iridium Communications | 5.00 Bn | 4.82 Bn | 173.92 Mn | 15.10% |
| 6 | Telesat | 666.48 Mn | 973.30 Mn | 53.65 Mn | -16.02% |
| 7 | Gogo | 384.81 Mn | 321.68 Mn | - | 13.31% |
| 8 | Kvh Industries Inc \De\ | 139.10 Mn | 81.38 Mn | 14.63 Mn | -0.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.09% |
| Mar 31, 2026 | -3.90% |
| Dec 31, 2025 | 2.27% |
| Sep 30, 2025 | 3.14% |
| Jun 30, 2025 | 3.99% |
| Mar 31, 2025 | -13.41% |
| Dec 31, 2024 | 1.89% |
| Sep 30, 2024 | -2.20% |
| Jun 30, 2024 | 5.30% |
| Mar 31, 2024 | 0.03% |
| Dec 31, 2023 | -3.89% |
| Sep 30, 2023 | -65.66% |
| Jun 30, 2023 | -5.32% |
| Mar 31, 2023 | -10.91% |
| Dec 31, 2022 | -4.81% |
| Sep 30, 2022 | 0.71% |
| Jun 30, 2022 | -9.85% |
| Mar 31, 2022 | -8.02% |
| Dec 31, 2021 | -4.59% |
| Sep 30, 2021 | -4.01% |