Slide 1: Q1 FY2027 Earnings Results
Q1 FY2027 Earnings Results August 4, 2026
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, sta
Slide 3: Viasat
Viasat 40+ years 73 Countries around Enduring value the world Continuing to serve customers Multi-national company working who rely on our services closely with customer and partners while innovating new to serve local market needs generations of technology $4.6B 23 Operational FY26 Revenue satellit
Slide 4: Current and future satellite fleet
Current and future satellite fleet Satellites shown with service entry dates This diagram is for illustrative purposes only. All future service dates are projections and are subject to change. The locations of the satellites shown do not reflect the current actual locations. All information presente
Slide 5: Viasat satellite roadmap
Viasat satellite roadmap - Satellite Phase’ Key Design Differentiator ViaSat-3 F2 ViaSat-3 F3 GX-7/8/9 Inmarsat-8 Mechanical Final Ready Launch anc Orbit oF Inne Ge ley TVAC Environments Ground Test | to Ship Campaign Raising ' Progress bars are not to scale and are for illustrative purposes only Al
Slide 6: ViaSat-3 Flight
ViaSat-3 Flight 3 o7 Arrives : : Reflector Inorbit | in GEO deployment testing EER SEP oF ‘ complete/ commences : . : Boe F . North radiator Ss ac “start of deployment ; orbit raising : " (5) South radiator é F soot pa 4: . . : : 3 deployment 4 : i as . ? Solar array ’ : ! deployment Ground station
Slide 7: Q1 FY2027 Financial & Operational Highlights
Q1 FY2027 Financial & Operational Highlights Strong Momentum Continued in our Franchises $1,498 $1,183 $1,280 $1,298 › Generated strong revenue growth in tactical networking, aviation, and government $971 satcom Awards › Record awards and backlog in Defense and Advanced Technologies ($Ms) › Aviation
Slide 8: Q1 FY2027 Financial Summary
Q1 FY2027 Financial Summary Q1 Q1 Incr/ ($ Millions) Comments FY2027 FY2026 (Decr) › Defense and Advanced Technologies (DAT) segment revenues declined by 4% YoY, Revenue $1,157 $1,171 $(15) while Communication Services (CS) segment revenues remained flat YoY. Strong growth in tactical networking, av
Slide 9: Financial Highlights – Communication Services
Q1 FY2027 Financial Highlights – Communication Services Highlights Quarterly Trends YoY Performance Awards ($Ms) Revenue by Business Line $1,031 ($Ms) › Segment awards increased by 3% YoY, driven $754 $877 $774 Service Revenue $671 primarily by growth in aviation and maritime of 13% $324 $293 and 5%
Slide 10: Financial Highlights – Defense and Advanced Technologies
Q1 FY2027 Financial Highlights – Defense and Advanced Technologies Highlights Quarterly Trends YoY Performance Awards ($Ms) Revenue by Business Line › Segment backlog reached a record $1.4 billion, representing an increase of 32% YoY and 16% sequentially, with a book-to- $524 ($Ms) $428 $467 Product
Slide 11: Balance Sheet & Liquidity
Balance Sheet & Liquidity ($Ms) ($ Millions) As of June 30, 2026 As of March 31, 2026 Prodct Revenue Cash and cash equivalents 1,736 1,747 Revolving credit facility availability 1,150 1,148 Total Liquidity 2,886 2,895 Gross outstanding debt 6,571 6,585 Less: cash and cash equivalents 1,736 1,747 Net
Slide 12: Maturity Profile
Maturity Profile Debt Maturity Schedules as of June 30, 2026 ($ Billions) Debt Profile ($Ms) asRevenue Prodct of June 30, 2026 $3.5 $3.0 $2.5 $2.0 $1.5 83% 59% Fixed Rate $1.0 Secured Debt $0.5 $0.0 FY27 FY28 FY29 FY30 FY31 FY32 FY33 and Secured Unsecured Fixed Floating Thereafter Viasat 2027 Secure
Slide 13: FY2027 Financial Guidance Update
FY2027 | Financial Guidance Update Prior FY2027 Guidance Updated FY2027 Guidance Better/Worse Total Revenue Mid-single-digit Mid-single-digit Communications Services Revenue Low-single-digit Low-single-digit Defense and Advanced Technologies Revenue Mid-teens Mid-teens Adjusted EBITDA Flat to up sli
Slide 14: Supplemental
Supplemental Viasat
Slide 15: Segment Descriptions
Segment Descriptions Communication Services Aviation Government Satcom Maritime Fixed Services & Other › In-flight connectivity, wireless in-flight › Offers highly trusted and secure › Solutions support vessel operation, › Connectivity solutions for fixed entertainment and safety services interconne
Slide 16: Research and Development
Research and Development 6.8% 6.1% 5.1% 4.4% 4.4% 4.1% 3.9% 3.7% 3.5% 2.9% 3.4% 3.2% 3.2% Defense & Advanced Technologies 2.6% $47 $45 Communication Services 2.3% $42 $42 % of Revenue - Total % of Revenue - Defense & Advanced Technologies % of Revenue - Communication Services $34 27 22 28 26 19 21 2
Slide 17: Thank you
Thank you 17
Slide 18: Use of Non-GAAP Financial Information
Use of Non-GAAP Financial Information This presentation includes non-GAAP financial measures such as Adjusted EBITDA, net debt, net leverage ratio, and free cash flow to supplement Viasat’s consolidated financial statements presented on a GAAP basis. We believe these measures are appropriate to enha