vs
Side-by-side financial comparison of Primerica, Inc. (PRI) 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 $853.7M, roughly 1.4× Primerica, Inc.). Primerica, Inc. runs the higher net margin — 23.1% vs 2.2%, a 20.9% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs 3.0%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% CAGR vs 0.3%).
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
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.
PRI vs VSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $853.7M | $1.2B |
| Net Profit | $197.0M | $25.0M |
| Gross Margin | — | — |
| Operating Margin | 28.9% | 2.3% |
| Net Margin | 23.1% | 2.2% |
| Revenue YoY | 11.0% | 3.0% |
| Net Profit YoY | 17.9% | 115.8% |
| EPS (diluted) | $6.11 | $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 | $853.7M | $1.2B | ||
| Q3 25 | $839.9M | $1.1B | ||
| Q2 25 | $793.3M | $1.2B | ||
| Q1 25 | $804.8M | $1.1B | ||
| Q4 24 | $768.8M | $1.1B | ||
| Q3 24 | $774.1M | $1.1B | ||
| Q2 24 | $803.4M | $1.1B | ||
| Q1 24 | $742.8M | $1.2B |
| Q4 25 | $197.0M | $25.0M | ||
| Q3 25 | $206.8M | $-61.4M | ||
| Q2 25 | $178.3M | $-56.4M | ||
| Q1 25 | $169.1M | $-246.1M | ||
| Q4 24 | $167.1M | $-158.4M | ||
| Q3 24 | $164.4M | $-137.6M | ||
| Q2 24 | $1.2M | $-32.9M | ||
| Q1 24 | $137.9M | $-100.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 98.0% | — | ||
| Q1 24 | 98.2% | — |
| Q4 25 | 28.9% | 2.3% | ||
| Q3 25 | 32.3% | 3.1% | ||
| Q2 25 | 29.6% | 4.0% | ||
| Q1 25 | 27.5% | -13.4% | ||
| Q4 24 | 64.7% | 1.9% | ||
| Q3 24 | 32.9% | -2.2% | ||
| Q2 24 | 1.0% | 5.3% | ||
| Q1 24 | 24.1% | 0.0% |
| Q4 25 | 23.1% | 2.2% | ||
| Q3 25 | 24.6% | -5.4% | ||
| Q2 25 | 22.5% | -4.8% | ||
| Q1 25 | 21.0% | -21.5% | ||
| Q4 24 | 21.7% | -14.1% | ||
| Q3 24 | 21.2% | -12.3% | ||
| Q2 24 | 0.1% | -2.9% | ||
| Q1 24 | 18.6% | -8.7% |
| Q4 25 | $6.11 | $0.18 | ||
| Q3 25 | $6.35 | $-0.45 | ||
| Q2 25 | $5.40 | $-0.43 | ||
| Q1 25 | $5.05 | $-1.92 | ||
| Q4 24 | $4.92 | $-1.23 | ||
| Q3 24 | $4.83 | $-1.07 | ||
| Q2 24 | $0.03 | $-0.26 | ||
| Q1 24 | $3.93 | $-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 | $756.2M | $1.3B |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $2.4B | $4.6B |
| Total Assets | $15.0B | $14.9B |
| Debt / EquityLower = less leverage | — | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $756.2M | $1.3B | ||
| Q3 25 | $644.9M | $1.2B | ||
| Q2 25 | $621.2M | $1.2B | ||
| Q1 25 | $625.1M | $1.6B | ||
| Q4 24 | $687.8M | $1.6B | ||
| Q3 24 | $550.1M | $3.5B | ||
| Q2 24 | $627.3M | $1.8B | ||
| Q1 24 | $593.4M | $1.9B |
| 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 24 | — | $7.1B |
| Q4 25 | $2.4B | $4.6B | ||
| Q3 25 | $2.3B | $4.5B | ||
| Q2 25 | $2.3B | $4.6B | ||
| Q1 25 | $2.3B | $4.6B | ||
| Q4 24 | $2.3B | $4.8B | ||
| Q3 24 | $1.9B | $4.9B | ||
| Q2 24 | $2.1B | $5.0B | ||
| Q1 24 | $2.2B | $5.0B |
| Q4 25 | $15.0B | $14.9B | ||
| Q3 25 | $14.8B | $14.8B | ||
| Q2 25 | $14.8B | $14.9B | ||
| Q1 25 | $14.6B | $15.4B | ||
| Q4 24 | $14.6B | $15.6B | ||
| Q3 24 | $14.8B | $17.8B | ||
| Q2 24 | $14.6B | $16.1B | ||
| Q1 24 | $14.9B | $16.3B |
| 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× | ||
| Q1 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 | $338.2M | $726.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.72× | 29.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $338.2M | $726.9M | ||
| Q3 25 | $202.9M | $282.2M | ||
| Q2 25 | $162.6M | $258.5M | ||
| Q1 25 | $197.5M | $298.4M | ||
| Q4 24 | $270.6M | $219.5M | ||
| Q3 24 | $207.3M | $239.2M | ||
| Q2 24 | $173.3M | $151.1M | ||
| Q1 24 | $210.9M | $232.0M |
| Q4 25 | 1.72× | 29.11× | ||
| Q3 25 | 0.98× | — | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.62× | — | ||
| Q3 24 | 1.26× | — | ||
| Q2 24 | 147.98× | — | ||
| Q1 24 | 1.53× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
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% |
