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The Company and a Summary of Its Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Summary of Minority Interest

The following table summarizes the effect of the change in the Company's percentage ownership interest in TrellisWare on the Company's equity for the fiscal years ended March 31, 2025, 2024 and 2023:

 

 

 

Fiscal Years Ended

 

 

 

March 31, 2025

 

 

March 31, 2024

 

 

March 31, 2023

 

 

 

(In thousands)

 

Net income (loss) attributable to Viasat, Inc.

 

$

(574,962

)

 

$

(1,068,904

)

 

$

1,084,806

 

Transfers to noncontrolling interest

 

 

 

 

 

 

 

 

(11,783

)

Change from net income (loss) attributable to Viasat, Inc. and transfers from (to) noncontrolling interest

 

$

(574,962

)

 

$

(1,068,904

)

 

$

1,073,023

 

 

Summary of Disaggregation of Revenue by Segment and Products and Services

The following sets forth disaggregated reported revenue by segment and products and services for the fiscal years ended March 31, 2025, 2024 and 2023:

 

 

 

Fiscal Year Ended March 31, 2025

 

 

 

Communication Services

 

 

Defense and Advanced Technologies

 

 

Total Revenues

 

 

 

(In thousands)

 

Service revenues

 

$

3,022,346

 

 

$

203,430

 

 

$

3,225,776

 

Product revenues

 

 

276,139

 

 

 

1,017,656

 

 

 

1,293,795

 

Total revenues

 

$

3,298,485

 

 

$

1,221,086

 

 

$

4,519,571

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended March 31, 2024

 

 

 

Communication Services

 

 

Defense and Advanced Technologies

 

 

Total Revenues

 

 

 

(In thousands)

 

Service revenues

 

$

2,798,512

 

 

$

206,082

 

 

$

3,004,594

 

Product revenues

 

 

343,028

 

 

 

936,136

 

 

 

1,279,164

 

Total revenues

 

$

3,141,540

 

 

$

1,142,218

 

 

$

4,283,758

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended March 31, 2023

 

 

 

Communication Services

 

 

Defense and Advanced Technologies

 

 

Total Revenues

 

 

 

(In thousands)

 

Service revenues

 

$

1,435,649

 

 

$

166,383

 

 

$

1,602,032

 

Product revenues

 

 

269,126

 

 

 

685,000

 

 

 

954,126

 

Total revenues

 

$

1,704,775

 

 

$

851,383

 

 

$

2,556,158

 

Summary of Contract Assets and Liabilities

The following table presents contract assets and liabilities as of March 31, 2025 and March 31, 2024:

 

 

 

As of
March 31, 2025

 

 

As of
March 31, 2024

 

 

 

(In thousands)

 

Unbilled accounts receivable

 

$

180,871

 

 

$

156,322

 

Collections in excess of revenues and deferred revenues

 

 

294,034

 

 

 

260,264

 

Deferred revenues, long-term portion

 

 

786,710

 

 

 

896,402