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	Dec 27, 2025	Jun 28, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021
Revenue	1,244	1,084	1,000	1,106	1,292	1,199
Revenue Growth (YoY)	23.51%	8.39%	-9.56%	-14.41%	7.80%	5.51%
Cost of Revenue	503.3	439.4	410.7	442.7	488.9	451.5
Gross Profit	740.4	644.9	589.7	663.4	803.5	747.4
Selling, General & Admin	370.9	335.4	324.7	340	365.4	342.8
Research & Development	229.1	208.7	201.9	206.9	213.2	203
Amortization of Goodwill & Intangibles	42.8	24.3	20.1	33.3	39.7	66.5
Operating Expenses	642.8	568.4	546.7	580.2	618.3	612.3
Operating Income	97.6	76.5	43	83.2	185.2	135.1
Interest Expense	-37.7	-30	-30.9	-27.1	-23.3	-14.7
Interest & Investment Income	7.5	13.1	18.9	10.2	3.4	2.9
Earnings From Equity Investments	0.8	0.6	-	-	-	-
Currency Exchange Gain (Loss)	2	-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	69.9	58.2	26.5	63.7	167.1	123.7
Merger & Restructuring Charges	-34	-27.3	-31.7	-12.1	0.1	1.6
Legal Settlements	-	-	7.3	6.7	-	-
Other Unusual Items	-63.3	8.3	9.5	2.4	-102.1	5.5
Pretax Income	-27.4	39.2	11.6	60.7	65.1	130.8
Income Tax Expense	14.6	4.4	37.4	35.2	49.6	63.3
Earnings From Continuing Operations	-42	34.8	-25.8	25.5	15.5	67.5
Net Income	-42	34.8	-25.8	25.5	15.5	67.5
Net Income to Common	-42	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)	223	226	223	227	238	236
Shares Change (YoY)	0.32%	1.39%	-1.76%	-4.87%	0.80%	0.64%
EPS (Basic)	-0.19	0.16	-0.12	0.11	0.07	0.30
EPS (Diluted)	-0.19	0.15	-0.12	0.11	0.07	0.29
EPS Growth	-	-	-	63.87%	-76.85%	38.09%
Free Cash Flow	78.7	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	59.53%	59.48%	58.95%	59.98%	62.17%	62.34%
Operating Margin	7.85%	7.05%	4.30%	7.52%	14.33%	11.27%
Profit Margin	-3.38%	3.21%	-2.58%	2.31%	1.20%	5.63%
Free Cash Flow Margin	6.33%	5.72%	9.69%	5.70%	8.17%	15.95%
EBITDA	179.1	139.2	101.7	152.7	260.6	237.4
EBITDA Margin	14.40%	12.84%	10.17%	13.80%	20.16%	19.80%
D&A For EBITDA	81.5	62.7	58.7	69.5	75.4	102.3
EBIT	97.6	76.5	43	83.2	185.2	135.1
EBIT Margin	7.85%	7.05%	4.30%	7.52%	14.33%	11.27%
Effective Tax Rate	-	11.22%	322.41%	57.99%	76.19%	48.39%
Revenue as Reported	1,244	1,084	1,000	1,106	1,292	1,199
Advertising Expenses	-	2	1.3	2.6	3.2	2.7

Updated Dec 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q