Viavi Solutions Inc. (VIAV)

Viavi Solutions Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 27, 2025	Jun 28, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021
Revenue	1,145	1,084	1,000	1,106	1,292	1,199
Revenue Growth (YoY)	15.60%	8.39%	-9.56%	-14.41%	7.80%	5.51%
Cost of Revenue	463.8	439.4	410.7	442.7	488.9	451.5
Gross Profit	681.4	644.9	589.7	663.4	803.5	747.4
Selling, General & Admin	349.8	335.4	324.7	340	365.4	342.8
Research & Development	215.3	208.7	201.9	206.9	213.2	203
Amortization of Goodwill & Intangibles	28.3	24.3	20.1	33.3	39.7	66.5
Operating Expenses	593.4	568.4	546.7	580.2	618.3	612.3
Operating Income	88	76.5	43	83.2	185.2	135.1
Interest Expense	-29.9	-30	-30.9	-27.1	-23.3	-14.7
Interest & Investment Income	12.4	13.1	18.9	10.2	3.4	2.9
Earnings From Equity Investments	0.5	0.6	-	-	-	-
Currency Exchange Gain (Loss)	-2.9	-1.7	-3.1	-2.2	1.4	-
Other Non Operating Income (Expenses)	-0.3	-0.3	-1.4	-0.4	0.4	0.4
EBT Excluding Unusual Items	67.8	58.2	26.5	63.7	167.1	123.7
Merger & Restructuring Charges	-27	-27.3	-31.7	-12.1	0.1	1.6
Legal Settlements	-1.3	-	7.3	6.7	-	-
Other Unusual Items	-9.9	8.3	9.5	2.4	-102.1	5.5
Pretax Income	29.6	39.2	11.6	60.7	65.1	130.8
Income Tax Expense	14.4	4.4	37.4	35.2	49.6	63.3
Earnings From Continuing Operations	15.2	34.8	-25.8	25.5	15.5	67.5
Net Income	15.2	34.8	-25.8	25.5	15.5	67.5
Net Income to Common	15.2	34.8	-25.8	25.5	15.5	67.5
Net Income Growth	-	-	-	64.52%	-77.04%	37.76%
Shares Outstanding (Basic)	223	223	223	225	231	229
Shares Outstanding (Diluted)	226	226	223	227	238	236
Shares Change (YoY)	1.49%	1.39%	-1.76%	-4.87%	0.80%	0.64%
EPS (Basic)	0.07	0.16	-0.12	0.11	0.07	0.30
EPS (Diluted)	0.06	0.15	-0.12	0.11	0.07	0.29
EPS Growth	-	-	-	63.87%	-76.85%	38.09%
Free Cash Flow	78.3	62	96.9	63	105.6	191.2
Free Cash Flow Per Share	0.35	0.28	0.43	0.28	0.44	0.81
Gross Margin	59.50%	59.48%	58.95%	59.98%	62.17%	62.34%
Operating Margin	7.68%	7.05%	4.30%	7.52%	14.33%	11.27%
Profit Margin	1.33%	3.21%	-2.58%	2.31%	1.20%	5.63%
Free Cash Flow Margin	6.84%	5.72%	9.69%	5.70%	8.17%	15.95%
EBITDA	154.8	139.2	101.7	152.7	260.6	237.4
EBITDA Margin	13.52%	12.84%	10.17%	13.80%	20.16%	19.80%
D&A For EBITDA	66.8	62.7	58.7	69.5	75.4	102.3
EBIT	88	76.5	43	83.2	185.2	135.1
EBIT Margin	7.68%	7.05%	4.30%	7.52%	14.33%	11.27%
Effective Tax Rate	48.65%	11.22%	322.41%	57.99%	76.19%	48.39%
Revenue as Reported	1,145	1,084	1,000	1,106	1,292	1,199
Advertising Expenses	-	2	1.3	2.6	3.2	2.7

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q