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Side-by-side financial comparison of COMERICA INC (CMA) and VIASAT INC (VSAT). Click either name above to swap in a different company.
VIASAT INC is the larger business by last-quarter revenue ($1.2B vs $838.0M, roughly 1.4× COMERICA INC). COMERICA INC runs the higher net margin — 21.0% vs 2.2%, a 18.8% gap on every dollar of revenue. On growth, COMERICA INC posted the faster year-over-year revenue change (3.3% vs 3.0%). Over the past eight quarters, COMERICA INC's revenue compounded faster (108.9% CAGR vs 0.3%).
Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas. It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. Comerica is among the largest U.S. financial holding companies, with offices in a number of U.S. cities.
Viasat, Inc. is an American communications company based in Carlsbad, California, with additional operations across the United States and worldwide. Viasat is a provider of high-speed satellite broadband services and secure networking systems covering military and commercial markets.
CMA vs VSAT — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $838.0M | $1.2B |
| Net Profit | $176.0M | $25.0M |
| Gross Margin | — | — |
| Operating Margin | — | 2.3% |
| Net Margin | 21.0% | 2.2% |
| Revenue YoY | 3.3% | 3.0% |
| Net Profit YoY | -4.3% | 115.8% |
| EPS (diluted) | $1.35 | $0.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $1.2B | ||
| Q3 25 | $838.0M | $1.1B | ||
| Q2 25 | $849.0M | $1.2B | ||
| Q1 25 | $829.0M | $1.1B | ||
| Q4 24 | $825.0M | $1.1B | ||
| Q3 24 | $811.0M | $1.1B | ||
| Q2 24 | $824.0M | $1.1B | ||
| Q1 24 | $784.0M | $1.2B |
| Q4 25 | — | $25.0M | ||
| Q3 25 | $176.0M | $-61.4M | ||
| Q2 25 | $199.0M | $-56.4M | ||
| Q1 25 | $172.0M | $-246.1M | ||
| Q4 24 | $170.0M | $-158.4M | ||
| Q3 24 | $184.0M | $-137.6M | ||
| Q2 24 | $206.0M | $-32.9M | ||
| Q1 24 | $138.0M | $-100.3M |
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | -13.4% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | -2.2% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | — | 2.2% | ||
| Q3 25 | 21.0% | -5.4% | ||
| Q2 25 | 23.4% | -4.8% | ||
| Q1 25 | 20.7% | -21.5% | ||
| Q4 24 | 20.6% | -14.1% | ||
| Q3 24 | 22.7% | -12.3% | ||
| Q2 24 | 25.0% | -2.9% | ||
| Q1 24 | 17.6% | -8.7% |
| Q4 25 | — | $0.18 | ||
| Q3 25 | $1.35 | $-0.45 | ||
| Q2 25 | $1.42 | $-0.43 | ||
| Q1 25 | $1.25 | $-1.92 | ||
| Q4 24 | $1.22 | $-1.23 | ||
| Q3 24 | $1.33 | $-1.07 | ||
| Q2 24 | $1.49 | $-0.26 | ||
| Q1 24 | $0.98 | $-1.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.3B |
| Total DebtLower is stronger | $5.4B | $6.2B |
| Stockholders' EquityBook value | $7.4B | $4.6B |
| Total Assets | $77.4B | $14.9B |
| Debt / EquityLower = less leverage | 0.73× | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.9B |
| Q4 25 | — | $6.2B | ||
| Q3 25 | $5.4B | $6.5B | ||
| Q2 25 | $5.8B | $6.5B | ||
| Q1 25 | $5.7B | $6.5B | ||
| Q4 24 | $6.7B | $6.5B | ||
| Q3 24 | $6.8B | $6.4B | ||
| Q2 24 | $7.1B | $7.1B | ||
| Q1 24 | $7.1B | $7.1B |
| Q4 25 | — | $4.6B | ||
| Q3 25 | $7.4B | $4.5B | ||
| Q2 25 | $6.9B | $4.6B | ||
| Q1 25 | $7.1B | $4.6B | ||
| Q4 24 | $6.5B | $4.8B | ||
| Q3 24 | $7.4B | $4.9B | ||
| Q2 24 | $6.2B | $5.0B | ||
| Q1 24 | $6.0B | $5.0B |
| Q4 25 | — | $14.9B | ||
| Q3 25 | $77.4B | $14.8B | ||
| Q2 25 | $78.0B | $14.9B | ||
| Q1 25 | $77.6B | $15.4B | ||
| Q4 24 | $79.3B | $15.6B | ||
| Q3 24 | $79.7B | $17.8B | ||
| Q2 24 | $79.6B | $16.1B | ||
| Q1 24 | $79.4B | $16.3B |
| Q4 25 | — | 1.37× | ||
| Q3 25 | 0.73× | 1.44× | ||
| Q2 25 | 0.84× | 1.43× | ||
| Q1 25 | 0.81× | 1.43× | ||
| Q4 24 | 1.02× | 1.37× | ||
| Q3 24 | 0.92× | 1.30× | ||
| Q2 24 | 1.15× | 1.42× | ||
| Q1 24 | 1.18× | 1.42× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-270.0M | $726.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -1.53× | 29.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $726.9M | ||
| Q3 25 | $-270.0M | $282.2M | ||
| Q2 25 | $476.0M | $258.5M | ||
| Q1 25 | $273.0M | $298.4M | ||
| Q4 24 | $601.0M | $219.5M | ||
| Q3 24 | $1.0B | $239.2M | ||
| Q2 24 | $111.0M | $151.1M | ||
| Q1 24 | $-205.0M | $232.0M |
| Q4 25 | — | 29.11× | ||
| Q3 25 | -1.53× | — | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 5.70× | — | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | -1.49× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMA
Segment breakdown not available.
VSAT
| Products | $334.2M | 29% |
| Aviation Services | $303.7M | 26% |
| Government Satcom Services | $202.4M | 17% |
| Maritime Services | $114.9M | 10% |
| Information Security And Cyber Defense Products | $97.0M | 8% |
| Tactical Networking Products | $93.9M | 8% |
| Navarino Uk And Jsat Mobile | $15.5M | 1% |
| Advanced Technologies And Other Products | $6.1M | 1% |
