vs
Side-by-side financial comparison of Eastman Chemical Company (EMN) and VIASAT INC (VSAT). Click either name above to swap in a different company.
Eastman Chemical Company is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.7× VIASAT INC). Eastman Chemical Company runs the higher net margin — 5.3% vs 2.2%, a 3.2% gap on every dollar of revenue. On growth, VIASAT INC posted the faster year-over-year revenue change (3.0% vs -13.8%). Over the past eight quarters, VIASAT INC's revenue compounded faster (0.3% CAGR vs -8.6%).
Eastman Chemical Company is an American chemical products manufacturer based in Kingsport, Tennessee. Founded in 1920, it was formerly a subsidiary of Kodak until 1994. The company is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. It operates 36 manufacturing sites worldwide and employs approximately 14,000 people. In 2023, Eastman had sales revenue of approximately $9.21 billion.
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.
EMN vs VSAT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.2B |
| Net Profit | $105.0M | $25.0M |
| Gross Margin | 17.1% | — |
| Operating Margin | — | 2.3% |
| Net Margin | 5.3% | 2.2% |
| Revenue YoY | -13.8% | 3.0% |
| Net Profit YoY | -42.3% | 115.8% |
| EPS (diluted) | $0.93 | $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.
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.2B | $1.1B | ||
| Q2 25 | $2.3B | $1.2B | ||
| Q1 25 | $2.3B | $1.1B | ||
| Q4 24 | $2.2B | $1.1B | ||
| Q3 24 | $2.5B | $1.1B | ||
| Q2 24 | $2.4B | $1.1B |
| Q1 26 | $105.0M | — | ||
| Q4 25 | $105.0M | $25.0M | ||
| Q3 25 | $47.0M | $-61.4M | ||
| Q2 25 | $140.0M | $-56.4M | ||
| Q1 25 | $182.0M | $-246.1M | ||
| Q4 24 | $330.0M | $-158.4M | ||
| Q3 24 | $180.0M | $-137.6M | ||
| Q2 24 | $230.0M | $-32.9M |
| Q1 26 | 17.1% | — | ||
| Q4 25 | 17.1% | — | ||
| Q3 25 | 19.7% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 24.8% | — | ||
| Q4 24 | 24.7% | — | ||
| Q3 24 | 24.6% | — | ||
| Q2 24 | 25.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 2.3% | ||
| Q3 25 | 6.1% | 3.1% | ||
| Q2 25 | 7.4% | 4.0% | ||
| Q1 25 | 11.0% | -13.4% | ||
| Q4 24 | 13.2% | 1.9% | ||
| Q3 24 | 11.4% | -2.2% | ||
| Q2 24 | 12.1% | 5.3% |
| Q1 26 | 5.3% | — | ||
| Q4 25 | 5.3% | 2.2% | ||
| Q3 25 | 2.1% | -5.4% | ||
| Q2 25 | 6.1% | -4.8% | ||
| Q1 25 | 7.9% | -21.5% | ||
| Q4 24 | 14.7% | -14.1% | ||
| Q3 24 | 7.3% | -12.3% | ||
| Q2 24 | 9.7% | -2.9% |
| Q1 26 | $0.93 | — | ||
| Q4 25 | $0.93 | $0.18 | ||
| Q3 25 | $0.40 | $-0.45 | ||
| Q2 25 | $1.20 | $-0.43 | ||
| Q1 25 | $1.57 | $-1.92 | ||
| Q4 24 | $2.81 | $-1.23 | ||
| Q3 24 | $1.53 | $-1.07 | ||
| Q2 24 | $1.94 | $-0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $566.0M | $1.3B |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $6.0B | $4.6B |
| Total Assets | $14.9B | $14.9B |
| Debt / EquityLower = less leverage | — | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $566.0M | — | ||
| Q4 25 | $566.0M | $1.3B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | $837.0M | $1.6B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | — | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $6.5B | ||
| Q1 25 | — | $6.5B | ||
| Q4 24 | — | $6.5B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $7.1B |
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $4.6B | ||
| Q3 25 | $5.8B | $4.5B | ||
| Q2 25 | $5.8B | $4.6B | ||
| Q1 25 | $5.9B | $4.6B | ||
| Q4 24 | $5.8B | $4.8B | ||
| Q3 24 | $5.7B | $4.9B | ||
| Q2 24 | $5.6B | $5.0B |
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $14.9B | ||
| Q3 25 | $15.0B | $14.8B | ||
| Q2 25 | $15.2B | $14.9B | ||
| Q1 25 | $15.0B | $15.4B | ||
| Q4 24 | $15.2B | $15.6B | ||
| Q3 24 | $15.1B | $17.8B | ||
| Q2 24 | $14.9B | $16.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.37× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 1.43× | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | — | 1.30× | ||
| Q2 24 | — | 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 | — | $726.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 29.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.0M | $726.9M | ||
| Q3 25 | $402.0M | $282.2M | ||
| Q2 25 | $233.0M | $258.5M | ||
| Q1 25 | $-167.0M | $298.4M | ||
| Q4 24 | $540.0M | $219.5M | ||
| Q3 24 | $396.0M | $239.2M | ||
| Q2 24 | $367.0M | $151.1M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | — | ||
| Q3 25 | $265.0M | — | ||
| Q2 25 | $83.0M | — | ||
| Q1 25 | $-314.0M | — | ||
| Q4 24 | $361.0M | — | ||
| Q3 24 | $276.0M | — | ||
| Q2 24 | $252.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | — | ||
| Q3 25 | 12.0% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | -13.7% | — | ||
| Q4 24 | 16.1% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | 10.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 4.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.78× | 29.11× | ||
| Q3 25 | 8.55× | — | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | -0.92× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 2.20× | — | ||
| Q2 24 | 1.60× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EMN
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% |
