ViaSat Inc. Reports Flat Q4 FY2025 Revenue at $1.1 Billion; Net Loss Widens to $246 Million; Adjusted EBITDA Rises 5%

Reuters
05/21
ViaSat Inc. Reports Flat Q4 FY2025 Revenue at $1.1 Billion; Net Loss Widens to $246 Million; Adjusted EBITDA Rises 5%

ViaSat Inc. has reported its financial results for the fourth quarter of fiscal year 2025, marking a pivotal year in its strategic development. The company's revenue for Q4 FY2025 was $1.1 billion, remaining flat year-over-year. While the Defense and Advanced Technologies segment experienced a robust 11% year-over-year growth, driven primarily by strong performance in tactical network products and information security, this was offset by a 4% decline in the Communication Services segment. The company reported a net loss of $246 million for Q4 FY2025, an increase from the net loss of $90 million recorded in Q4 FY2024. This increase was largely due to $169 million in write-down charges related to the ViaSat-3 EMEA ground network, including $104 million in non-cash asset write-downs and the recognition of certain contract liabilities. Adjusted EBITDA for Q4 FY2025 increased by 5% year-over-year to $375 million, reflecting strong operating performance in government satellite communications and tactical networking products, though partially offset by declines in fixed services and other maritime revenues, and Communication Services products revenues. Business highlights for the period include the launch of NexusWave, a fully managed service providing maritime customers with seamless integration of multiple high-speed networks for continuous connectivity. Additionally, ViaSat-3 F1 began delivering connectivity to US Government and Aviation customers, with plans for ViaSat-3 F2 and F3 to commence commercial operations in early 2026. The company also achieved the milestone of providing Ka-band connectivity services for approximately 20,000 vessels and aircraft by the end of Q4 FY2025 and surpassed over 6,000 commercial air and business aviation aircraft in service.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ViaSat Inc. published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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