ViaSat Inc (VSAT)

Operating profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating income	US$ in thousands	-889,806	-155,956	-113,141	-45,953	38,421
Revenue	US$ in thousands	2,907,980	4,186,140	2,711,450	2,183,980	2,224,980
Operating profit margin		-30.60%	-3.73%	-4.17%	-2.10%	1.73%

March 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-889,806K ÷ $2,907,980K
= -30.60%

ViaSat Inc's operating profit margin has been fluctuating over the past five years, ranging from negative figures to a positive margin in 2020. The operating profit margin was the lowest in 2024 at -30.60%, representing a significant decline from the previous year. This indicates that the company's operating expenses surpassed its gross profit, resulting in a loss from operations.

In comparison, the operating profit margin improved in 2023, but remained negative at -3.73%. Despite the improvement, the company still experienced operational losses. Similarly, in 2022 and 2021, the operating profit margins were negative at -4.17% and -2.10% respectively, indicating operational inefficiencies.

However, there was a positive operating profit margin of 1.73% in 2020, suggesting that ViaSat Inc was able to generate a profit from its core operations that year. Overall, the trend in the operating profit margin shows variability, with the company facing challenges in controlling operating expenses and achieving profitability in recent years.