Want to see VSAT full AI Analyst Report?
Adjusted EBITDA By Segment
Provides a clear view of operational performance across segments by excluding non-cash items, offering insight into cash flow generation and operational efficiency.Mid‑2024 reporting changes, not operational collapse, explain the abrupt zeros: ViaSat consolidated prior Satellite Services and Government EBITDA into the new Communication Services line, concentrating most legacy profitability there. Meanwhile DAT’s sizable, steadily rising EBITDA post‑2024 confirms the call’s mid‑teens growth thesis and stronger margin profile. The consolidated Communication Services boosts scale but masks near‑term margin headwinds from the loss of prior IP settlement benefits, the Navarino divestiture, and heavy ViaSat‑3/integration CapEx—supporting management’s ‘backloaded’ EBITDA guidance despite modest revenue growth.
Date | Satellite Services | Commercial Networks | Government Systems | Communication Services | Defense and Advanced Technologies |
|---|---|---|---|---|---|
Jun 30, 2026 | $0.00 | $0.00 | $0.00 | $311.00M | $70.00M |
Mar 31, 2026 | $0.00 | $0.00 | $0.00 | $287.00M | $83.00M |
Dec 31, 2025 | $0.00 | $0.00 | $0.00 | $319.00M | $68.00M |
Sep 30, 2025 | $0.00 | $0.00 | $0.00 | $337.00M | $48.00M |
Jun 30, 2025 | $0.00 | $0.00 | $0.00 | $321.50M | $86.90M |
Mar 31, 2025 | $0.00 | $0.00 | $0.00 | $306.20M | $68.60M |
Dec 31, 2024 | $0.00 | $0.00 | $0.00 | $329.60M | $63.60M |
Sep 30, 2024 | $0.00 | $0.00 | $0.00 | $318.20M | $56.80M |
Jun 30, 2024 | $0.00 | $0.00 | $0.00 | $307.70M | $96.30M |
Mar 31, 2024 | $281.60M | -$41.10M | $117.30M | $0.00 | $0.00 |