ViaSat Inc (VSAT)

Operating 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
Operating income (ttm)	US$ in thousands	-889,806	-962,793	-950,186	-140,834	-155,956	-131,904	-129,324	-158,427	-85,497	-111,939	-61,448	-24,347	-45,953	43,221	35,430	41,172	38,421	33,752	25,790	-14,206
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
Operating profit margin		-23.69%	-18.52%	-19.60%	-3.74%	-5.11%	-9.60%	-8.94%	-7.60%	-3.13%	-4.24%	-2.46%	-1.04%	-2.08%	1.97%	1.60%	1.83%	1.71%	1.52%	1.18%	-0.68%

March 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-889,806K ÷ $3,756,260K
= -23.69%

ViaSat Inc's operating profit margin has shown variability over the past few quarters. The margin was negative in the first quarter of 2024 at -23.69%, indicating that the company's operating expenses exceeded its operating income during that period. This negative trend also persisted in the prior quarter at -18.52%.

In the preceding quarters, the operating profit margin fluctuated, with improvements seen in some periods such as a positive operating profit margin of 1.97% and 1.60% in the fourth quarter of 2020 and third quarter of 2020, respectively. However, the company also faced challenges in achieving positive operating margins in some periods, with margin figures as low as -9.60% and -8.94% in the fourth and third quarters of 2023.

Overall, ViaSat Inc's operating profit margin has experienced both positive and negative periods, indicating fluctuations in its ability to generate profits from its core operations. It would be essential for the company to implement strategies to consistently improve its operating efficiency and profitability in the future.