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Viasat VSAT Gross margin

Discontinued — last reported Q4 '18

Gross margin at other companies

Boeing logo
BoeingBA
4.8%+3.7pp
L3Harris Technologies logo
L3Harris TechnologiesLHX
25.5%-0.6pp
Lockheed Martin logo
Lockheed MartinLMT
9.8%-0.3pp
Amazon logo
AmazonAMZN
50.6%+1.4pp
EchoStar logo
EchoStarSATS
39.1%+3.0pp
MaxLinear logo
MaxLinearMXL
57.2%+2.0pp

Other financials

Income statement

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Revenue$1.2B+2.1%
Operating income-+100%
Net income$66.0M+127%
EPS (diluted)$0.18+115%

Balance sheet

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Cash & equivalents$1.7B+8.4%
Total debt$687.7M-39.8%
Total equity$4.7B+2.3%
Total assets$15.2B-1.4%

Cash flow

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Operating cash flow$322.3M+8.0%
CapEx$34.9M
Free cash flow$355.3M

Valuation

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Market cap$8.76B+362%
Enterprise value$7.7B+490%
P/S1.9×+1.5×

Profitability

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Operating margin2.3%+1.6pp
Net margin-0.6%-0.3pp
FCF margin33.3%

Returns & leverage

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Return on equity-0.6%-0.3pp
Debt / equity0.1×-0.1×
Current ratio2.4×+0.7×

Where this comes from

Calculated from Viasat’s reported figures.

Based on trailing twelve months.

The official record: Viasat’s 10-K, filed May 29, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.