Invesaro

Stocks Comparison

Calix vs Viasat: revenue, profit, margins and growth compared

Calix brought in $1B of revenue in fiscal 2025, Viasat $4.6B in fiscal 2026. Revenue changed by +20.3% at Calix and +2.7% at Viasat on the year before, so Calix grew faster. Calix kept 1.8% of its revenue as net profit, Viasat -0.7%.

Side by side, latest fiscal year

CALXVSAT
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$1B$4.6B
Revenue growth+20.3%+2.7%
Net income$17.9M-$34.1M
Net margin1.8%-0.7%
Free cash flow$115.5Mn/a
Free cash flow margin11.6%n/a
Earnings per share (diluted)$0.26-$0.25
Cash$143.1M$1.7B
Debtn/a$57.8M
Price to earnings127.5n/a
Market value$2.1B$10.1B
Dividend yieldn/an/a
Rank by revenue in sector#459 of 778 · Consumer discretionary#215 of 778 · Consumer discretionary

Over the years

Revenue
CALX FY2018: $441.3MCALX FY2019: $424.3MCALX FY2020: $541.2MCALX FY2021: $679.4MCALX FY2022: $867.8MCALX FY2023: $1BCALX FY2024: $831.5MCALX FY2025: $1BVSAT FY2019: $2.1BVSAT FY2020: $2.3BVSAT FY2021: $1.9BVSAT FY2022: $2.4BVSAT FY2023: $2.6BVSAT FY2024: $4.3BVSAT FY2025: $4.5BVSAT FY2026: $4.6BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CALX $1BVSAT $4.6B
Net income
CALX FY2018: -$19.3MCALX FY2019: -$17.7MCALX FY2020: $33.5MCALX FY2021: $238.4MCALX FY2022: $41MCALX FY2023: $29.3MCALX FY2024: -$29.7MCALX FY2025: $17.9MVSAT FY2019: -$67.6MVSAT FY2020: -$212KVSAT FY2021: $3.7MVSAT FY2022: -$15.5MVSAT FY2023: $1.1BVSAT FY2024: -$1.1BVSAT FY2025: -$575MVSAT FY2026: -$34.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CALX $17.9MVSAT -$34.1M
Net margin
CALX FY2018: -4.4%CALX FY2019: -4.2%CALX FY2020: 6.2%CALX FY2021: 35.1%CALX FY2022: 4.7%CALX FY2023: 2.8%CALX FY2024: -3.6%CALX FY2025: 1.8%VSAT FY2019: -3.3%VSAT FY2020: -0.0%VSAT FY2021: 0.2%VSAT FY2022: -0.6%VSAT FY2023: 42.4%VSAT FY2024: -25.0%VSAT FY2025: -12.7%VSAT FY2026: -0.7%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CALX 1.8%VSAT -0.7%
Revenue growth
CALX FY2019: -3.8%CALX FY2020: +27.6%CALX FY2021: +25.5%CALX FY2022: +27.7%CALX FY2023: +19.8%CALX FY2024: -20.0%CALX FY2025: +20.3%VSAT FY2020: +11.7%VSAT FY2021: -16.8%VSAT FY2022: +25.8%VSAT FY2023: +5.7%VSAT FY2024: +67.6%VSAT FY2025: +5.5%VSAT FY2026: +2.7%FY19FY20FY21FY22FY23FY24FY25FY26
CALX +20.3%VSAT +2.7%
Free cash flow
CALX FY2018: -$6.9MCALX FY2019: -$8.7MCALX FY2020: $43.6MCALX FY2021: $46.3MCALX FY2022: $13.1MCALX FY2023: $38.4MCALX FY2024: $50.3MCALX FY2025: $115.5MVSAT FY2019: -$309.3MVSAT FY2020: -$257MVSAT FY2021: -$100MVSAT FY2022: -$432.6MVSAT FY2023: -$709.1MFY18FY19FY20FY21FY22FY23FY24FY25
CALX $115.5MVSAT -$709.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Calix and Viasat

Which is bigger by revenue, Calix or Viasat?

Viasat is bigger by revenue: $4.6B in fiscal 2026, against $1B for Calix in fiscal 2025.

Which keeps more of its revenue as profit, Calix or Viasat?

Calix had a net margin of 1.8% in fiscal 2025; Viasat had -0.7% in fiscal 2026.

Which grew revenue faster, Calix or Viasat?

In their latest fiscal years revenue changed by +20.3% at Calix and +2.7% at Viasat.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies