The Filing Desk

Ubiquiti vs Viasat

Ubiquiti UI · Viasat VSAT · Communications Equipment

Viasat reported revenue of $4.6 billion in fiscal 2026, 1.4 times Ubiquiti's $3.3 billion in fiscal 2026. Ubiquiti's revenue grew 27.2% in its latest year, and Viasat's grew 2.7%. Ubiquiti had an operating margin of 36.2%, against 2.3% at Viasat. Free cash flow was $909 million at Ubiquiti and $1.5 billion at Viasat. Their fiscal years end in different months (June 30 and March 31), so the periods don't line up exactly.

Side by side

UbiquitiViasat
Latest fiscal yearFY2026, Jun 30, 2026FY2026, Mar 31, 2026
Revenue$3.3B$4.6B
Revenue growth27.2%2.7%
Revenue growth a year, last 5 years11.5%19.3%
Gross margin46.2%—
Operating margin36.2%2.3%
Net margin29.3%−0.7%
Free cash flow$909M$1.5B
Free cash flow margin27.8%32.2%
Return on capital104.2%0.6%
Net debt to EBITDA−0.5x3.3x
Dividends and buybacks$194M$0M
Change in diluted share count0.1%4.9%
Last close$584.72$66.39
P/E at the last close36.9×—
Insider trades, last 12 monthssold $542,068sold $71.3 million
Piotroski F-score7 of 96 of 8
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
UbiquitiViasat
Operating margin
Percent of revenue
UbiquitiViasat
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
UbiquitiViasat

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Ubiquiti and Viasat pages.