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Side-by-side financial comparison of Park Hotels & Resorts Inc. (PK) 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 $630.0M, roughly 1.8× Park Hotels & Resorts Inc.). VIASAT INC runs the higher net margin — 2.2% vs 1.9%, a 0.3% gap on every dollar of revenue. On growth, VIASAT INC posted the faster year-over-year revenue change (3.0% vs -1.3%). Over the past eight quarters, VIASAT INC's revenue compounded faster (0.3% CAGR vs -4.2%).
Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.
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.
PK vs VSAT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $630.0M | $1.2B |
| Net Profit | $12.0M | $25.0M |
| Gross Margin | — | — |
| Operating Margin | 9.8% | 2.3% |
| Net Margin | 1.9% | 2.2% |
| Revenue YoY | -1.3% | 3.0% |
| Net Profit YoY | 121.1% | 115.8% |
| EPS (diluted) | $0.05 | $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 | $630.0M | — | ||
| Q4 25 | $629.0M | $1.2B | ||
| Q3 25 | $610.0M | $1.1B | ||
| Q2 25 | $672.0M | $1.2B | ||
| Q1 25 | $630.0M | $1.1B | ||
| Q4 24 | $625.0M | $1.1B | ||
| Q3 24 | $649.0M | $1.1B | ||
| Q2 24 | $686.0M | $1.1B |
| Q1 26 | $12.0M | — | ||
| Q4 25 | $-205.0M | $25.0M | ||
| Q3 25 | $-16.0M | $-61.4M | ||
| Q2 25 | $-5.0M | $-56.4M | ||
| Q1 25 | $-57.0M | $-246.1M | ||
| Q4 24 | $66.0M | $-158.4M | ||
| Q3 24 | $54.0M | $-137.6M | ||
| Q2 24 | $64.0M | $-32.9M |
| Q1 26 | 9.8% | — | ||
| Q4 25 | -26.1% | 2.3% | ||
| Q3 25 | 9.7% | 3.1% | ||
| Q2 25 | 9.7% | 4.0% | ||
| Q1 25 | 1.1% | -13.4% | ||
| Q4 24 | 13.3% | 1.9% | ||
| Q3 24 | 14.6% | -2.2% | ||
| Q2 24 | 17.6% | 5.3% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | -32.6% | 2.2% | ||
| Q3 25 | -2.6% | -5.4% | ||
| Q2 25 | -0.7% | -4.8% | ||
| Q1 25 | -9.0% | -21.5% | ||
| Q4 24 | 10.6% | -14.1% | ||
| Q3 24 | 8.3% | -12.3% | ||
| Q2 24 | 9.3% | -2.9% |
| Q1 26 | $0.05 | — | ||
| Q4 25 | $-1.04 | $0.18 | ||
| Q3 25 | $-0.08 | $-0.45 | ||
| Q2 25 | $-0.02 | $-0.43 | ||
| Q1 25 | $-0.29 | $-1.92 | ||
| Q4 24 | $0.32 | $-1.23 | ||
| Q3 24 | $0.26 | $-1.07 | ||
| Q2 24 | $0.30 | $-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 | $156.0M | $1.3B |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $3.1B | $4.6B |
| Total Assets | — | $14.9B |
| Debt / EquityLower = less leverage | — | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $156.0M | — | ||
| Q4 25 | $232.0M | $1.3B | ||
| Q3 25 | $278.0M | $1.2B | ||
| Q2 25 | $319.0M | $1.2B | ||
| Q1 25 | $233.0M | $1.6B | ||
| Q4 24 | $402.0M | $1.6B | ||
| Q3 24 | $480.0M | $3.5B | ||
| Q2 24 | $449.0M | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | $3.9B | $6.2B | ||
| Q3 25 | $3.9B | $6.5B | ||
| Q2 25 | $3.9B | $6.5B | ||
| Q1 25 | $3.9B | $6.5B | ||
| Q4 24 | $3.9B | $6.5B | ||
| Q3 24 | $3.9B | $6.4B | ||
| Q2 24 | $3.9B | $7.1B |
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $4.6B | ||
| Q3 25 | $3.4B | $4.5B | ||
| Q2 25 | $3.4B | $4.6B | ||
| Q1 25 | $3.5B | $4.6B | ||
| Q4 24 | $3.6B | $4.8B | ||
| Q3 24 | $3.8B | $4.9B | ||
| Q2 24 | $3.8B | $5.0B |
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | $14.9B | ||
| Q3 25 | $8.8B | $14.8B | ||
| Q2 25 | $8.9B | $14.9B | ||
| Q1 25 | $8.9B | $15.4B | ||
| Q4 24 | $9.2B | $15.6B | ||
| Q3 24 | $9.2B | $17.8B | ||
| Q2 24 | $9.2B | $16.1B |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | 1.37× | ||
| Q3 25 | 1.14× | 1.44× | ||
| Q2 25 | 1.12× | 1.43× | ||
| Q1 25 | 1.11× | 1.43× | ||
| Q4 24 | 1.06× | 1.37× | ||
| Q3 24 | 1.03× | 1.30× | ||
| Q2 24 | 1.03× | 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 | $105.0M | $726.9M | ||
| Q3 25 | $99.0M | $282.2M | ||
| Q2 25 | $108.0M | $258.5M | ||
| Q1 25 | $86.0M | $298.4M | ||
| Q4 24 | $80.0M | $219.5M | ||
| Q3 24 | $140.0M | $239.2M | ||
| Q2 24 | $117.0M | $151.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-3.0M | — | ||
| Q3 25 | $31.0M | — | ||
| Q2 25 | $65.0M | — | ||
| Q1 25 | $9.0M | — | ||
| Q4 24 | $17.0M | — | ||
| Q3 24 | $97.0M | — | ||
| Q2 24 | $66.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | — | ||
| Q3 25 | 5.1% | — | ||
| Q2 25 | 9.7% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 14.9% | — | ||
| Q2 24 | 9.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | — | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 12.2% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 6.6% | — | ||
| Q2 24 | 7.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 29.11× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 2.59× | — | ||
| Q2 24 | 1.83× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PK
| Comparable Hotel Revenues | $617.0M | 98% |
| Other | $13.0M | 2% |
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% |
