ViaSat Inc (VSAT)
Net profit margin
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,068,904 | 228,199 | 310,370 | 1,029,368 | 1,084,808 | -141,212 | -105,597 | -54,066 | -15,534 | 21,003 | 34,376 | 33,048 | 3,691 | -2,080 | -2,364 | -1,133 | -212 | 717 | -16,163 | -45,081 |
| Revenue (ttm) | US$ in thousands | 3,756,260 | 5,200,065 | 4,847,760 | 3,764,300 | 3,050,177 | 1,374,196 | 1,445,805 | 2,085,266 | 2,735,121 | 2,640,110 | 2,493,483 | 2,342,710 | 2,207,130 | 2,197,468 | 2,208,737 | 2,246,965 | 2,245,419 | 2,218,315 | 2,179,165 | 2,099,849 |
| Net profit margin | -28.46% | 4.39% | 6.40% | 27.35% | 35.57% | -10.28% | -7.30% | -2.59% | -0.57% | 0.80% | 1.38% | 1.41% | 0.17% | -0.09% | -0.11% | -0.05% | -0.01% | 0.03% | -0.74% | -2.15% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,068,904K ÷ $3,756,260K
= -28.46%
ViaSat Inc's net profit margin has varied significantly over the past few quarters. The company experienced a negative net profit margin of -28.46% as of March 31, 2024, which indicates that the company's expenses exceeded its revenues during that period. However, in the previous quarter, the net profit margin improved to 4.39%, suggesting better cost management and higher profitability.
Looking back further, there was a notable surge in net profit margin to 35.57% in March 31, 2023, indicating strong profitability during that period. However, the company faced challenges as the net profit margin turned negative in several quarters, such as in December 31, 2022 (-10.28%) and September 30, 2022 (-7.30%).
Overall, the trend in ViaSat Inc's net profit margin shows variability in profitability levels, with some quarters displaying strong performance while others facing challenges. It would be essential for stakeholders to monitor the company's financial performance closely to understand the factors contributing to these fluctuations and assess the sustainability of its profitability in the long term.
Peer comparison
Mar 31, 2024