Viavi Solutions Inc. (VIAV)
NASDAQ: VIAV · Real-Time Price · USD
36.29
-0.25 (-0.68%)
At close: Aug 31, 2026, 4:00 PM EDT
35.88
-0.41 (-1.12%)
After-hours: Aug 31, 2026, 7:30 PM EDT
Viavi Solutions Income Statement
Financials in millions USD. Fiscal year is July - June.
Millions USD. Fiscal year is Jul - Jun.
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | Mar '26 Mar 28, 2026 | Dec '25 Dec 27, 2025 | Sep '25 Sep 27, 2025 | Jun '25 Jun 28, 2025 | Mar '25 Mar 29, 2025 | Dec '24 Dec 28, 2024 | Sep '24 Sep 28, 2024 | Jun '24 Jun 29, 2024 | Mar '24 Mar 30, 2024 | Dec '23 Dec 30, 2023 | Sep '23 Sep 30, 2023 | Jul '23 Jul 1, 2023 | Apr '23 Apr 1, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 1, 2022 | Jul '22 Jul 2, 2022 | Apr '22 Apr 2, 2022 | Jan '22 Jan 1, 2022 | Oct '21 Oct 2, 2021 |
| 443.1 | 406.8 | 369.3 | 299.1 | 290.5 | 284.8 | 270.8 | 238.2 | 252 | 246 | 254.5 | 247.9 | 263.6 | 247.8 | 284.5 | 310.2 | 335.3 | 315.5 | 314.8 | 326.8 | |
Revenue Growth (YoY) | 52.53% | 42.84% | 36.37% | 25.57% | 15.28% | 15.77% | 6.40% | -3.91% | -4.40% | -0.73% | -10.54% | -20.08% | -21.38% | -21.46% | -9.63% | -5.08% | 7.85% | 3.99% | 4.97% | 14.79% |
Cost of Revenue | 174.4 | 156.1 | 143.6 | 120.6 | 121.9 | 118 | 106.7 | 98.8 | 102.9 | 104.7 | 102.9 | 100.1 | 111.3 | 101 | 111.8 | 118 | 127 | 121.1 | 116.9 | 123.9 |
Gross Profit | 268.7 | 250.7 | 225.7 | 178.5 | 168.6 | 166.8 | 164.1 | 139.4 | 149.1 | 141.3 | 151.6 | 147.8 | 152.3 | 146.8 | 172.7 | 192.2 | 208.3 | 194.4 | 197.9 | 202.9 |
Selling, General & Admin | 115.2 | 109.7 | 108.5 | 89.4 | 87.5 | 85.5 | 85.4 | 77 | 83.3 | 81.6 | 81.2 | 78.6 | 82.2 | 81.9 | 88.7 | 86.4 | 97 | 89 | 88.2 | 91.5 |
Research & Development | 69.8 | 71 | 65.9 | 56 | 57.2 | 50 | 52.1 | 49.4 | 52.5 | 50 | 49.5 | 49.9 | 51.6 | 50.8 | 51.9 | 52.6 | 54.2 | 54.9 | 50.5 | 53.6 |
Amortization of Goodwill & Intangibles | 20.3 | 20.4 | 18.8 | 8.4 | 8.3 | 7.3 | 4.3 | 4.4 | 4.7 | 5 | 4.8 | 5.6 | 8.1 | 8 | 7.9 | 9.3 | 9.5 | 9.6 | 10 | 10.6 |
Operating Expenses | 205.3 | 201.1 | 193.2 | 153.8 | 153 | 142.8 | 141.8 | 130.8 | 140.5 | 136.6 | 135.5 | 134.1 | 141.9 | 140.7 | 148.5 | 148.3 | 160.7 | 153.5 | 148.7 | 155.7 |
Operating Income | 63.4 | 49.6 | 32.5 | 24.7 | 15.6 | 24 | 22.3 | 8.6 | 8.6 | 4.7 | 16.1 | 13.7 | 10.4 | 6.1 | 24.2 | 43.9 | 47.6 | 40.9 | 49.2 | 47.2 |
Interest Expense | -10.4 | -14.3 | -15.3 | -7.4 | -7.5 | -7.5 | -7.5 | -7.5 | -7.5 | -7.7 | -7.9 | -7.8 | -8.1 | -6.7 | -6.2 | -6.1 | -10 | -6.4 | -7.1 | -3.6 |
Interest & Investment Income | 2.9 | 7.7 | 3.3 | 1.1 | 1 | 1.7 | 8.6 | 1.8 | 7.3 | 4.8 | - | 6.5 | 5.3 | 0.8 | - | 7.8 | - | 2.2 | 1.8 | 3.2 |
Earnings From Equity Investments | 0.6 | - | 0.3 | -0.1 | 0.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Currency Exchange Gain (Loss) | -2.1 | -0.7 | 0.6 | 0.2 | 1.1 | 0.5 | -4.7 | 1.4 | -2.2 | -0.8 | 3.4 | -3.6 | -2.2 | 0.8 | 6 | -6.7 | 5.5 | -1.6 | -0.7 | -1.8 |
Other Non Operating Income (Expenses) | 2.3 | - | - | - | -0.3 | - | - | - | -1.4 | - | 0.7 | - | -0.4 | - | -3.8 | - | 0.4 | - | - | - |
EBT Excluding Unusual Items | 56.7 | 42.3 | 21.4 | 18.5 | 10.5 | 18.7 | 18.7 | 4.3 | 4.8 | 1 | 12.3 | 8.8 | 5 | 1 | 20.2 | 38.9 | 43.5 | 35.1 | 43.2 | 45 |
Merger & Restructuring Charges | 6.6 | -22.2 | -10.3 | -6.2 | -3.7 | -13 | -4 | -0.6 | -15.9 | -16.1 | -0.5 | 0.8 | -2.7 | -10.2 | - | - | - | - | 0.1 | - |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | -0.3 | 7.3 | - | - | - | 6.7 | - | - | - | - |
Other Unusual Items | -19.2 | -6.3 | -49.5 | -14.7 | 3.4 | -2.5 | 3.9 | 3.5 | 1.6 | -0.5 | 6.8 | 1.5 | 4.1 | -0.2 | -1.3 | -0.8 | -2.7 | -6.5 | -6.4 | -86.2 |
Pretax Income | 44.1 | 13.8 | -38.4 | -2.4 | 10.2 | 3.2 | 18.6 | 7.2 | -9.5 | -15.6 | 18.3 | 18.4 | 6.4 | -9.4 | 18.9 | 44.8 | 40.8 | 28.6 | 36.9 | -41.2 |
Income Tax Expense | 11.4 | 7.4 | 9.7 | 19 | 2.2 | -16.3 | 9.5 | 9 | 12.2 | 9 | 7.6 | 8.6 | 6.5 | 6 | 10.5 | 12.2 | 24.3 | 9.4 | 2.3 | 13.6 |
Earnings From Continuing Operations | 32.7 | 6.4 | -48.1 | -21.4 | 8 | 19.5 | 9.1 | -1.8 | -21.7 | -24.6 | 10.7 | 9.8 | -0.1 | -15.4 | 8.4 | 32.6 | 16.5 | 19.2 | 34.6 | -54.8 |
Net Income | 32.7 | 6.4 | -48.1 | -21.4 | 8 | 19.5 | 9.1 | -1.8 | -21.7 | -24.6 | 10.7 | 9.8 | -0.1 | -15.4 | 8.4 | 32.6 | 16.5 | 19.2 | 34.6 | -54.8 |
Net Income to Common | 32.7 | 6.4 | -48.1 | -21.4 | 8 | 19.5 | 9.1 | -1.8 | -21.7 | -24.6 | 10.7 | 9.8 | -0.1 | -15.4 | 8.4 | 32.6 | 16.5 | 19.2 | 34.6 | -54.8 |
Net Income Growth (YoY) | 308.75% | -67.18% | - | - | - | - | -14.95% | - | - | - | 27.38% | -69.94% | - | - | -75.72% | - | 400.00% | 11.63% | 26.74% | - |
Shares Outstanding (Basic) | 239 | 232 | 224 | 223 | 223 | 223 | 222 | 222 | 223 | 223 | 223 | 222 | 222 | 224 | 226 | 226 | 227 | 229 | 236 | 231 |
Shares Outstanding (Diluted) | 261 | 250 | 224 | 223 | 227 | 227 | 225 | 222 | 223 | 223 | 224 | 224 | 222 | 224 | 227 | 230 | 231 | 237 | 242 | 231 |
Shares Change (YoY) | 14.98% | 9.96% | -0.40% | 0.40% | 1.84% | 1.75% | 0.58% | -0.98% | 0.32% | -0.49% | -1.58% | -2.69% | -3.93% | -5.36% | -6.27% | -0.30% | 1.27% | -1.42% | 4.85% | -0.30% |
EPS (Basic) | 0.14 | 0.03 | -0.21 | -0.10 | 0.04 | 0.09 | 0.04 | -0.01 | -0.10 | -0.11 | 0.05 | 0.04 | -0.00 | -0.07 | 0.04 | 0.14 | 0.07 | 0.08 | 0.15 | -0.24 |
EPS (Diluted) | 0.13 | 0.03 | -0.21 | -0.10 | 0.03 | 0.09 | 0.04 | -0.01 | -0.10 | -0.11 | 0.05 | 0.04 | -0.00 | -0.07 | 0.04 | 0.14 | 0.07 | 0.08 | 0.14 | -0.24 |
EPS Growth (YoY) | 326.55% | -68.51% | - | - | - | - | -16.82% | - | - | - | 29.33% | -71.43% | - | - | -73.44% | - | 402.65% | 14.29% | 17.33% | - |
Additional Metrics
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | Mar '26 Mar 28, 2026 | Dec '25 Dec 27, 2025 | Sep '25 Sep 27, 2025 | Jun '25 Jun 28, 2025 | Mar '25 Mar 29, 2025 | Dec '24 Dec 28, 2024 | Sep '24 Sep 28, 2024 | Jun '24 Jun 29, 2024 | Mar '24 Mar 30, 2024 | Dec '23 Dec 30, 2023 | Sep '23 Sep 30, 2023 | Jul '23 Jul 1, 2023 | Apr '23 Apr 1, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 1, 2022 | Jul '22 Jul 2, 2022 | Apr '22 Apr 2, 2022 | Jan '22 Jan 1, 2022 | Oct '21 Oct 2, 2021 |
Free Cash Flow | 55.6 | -32.2 | 36.9 | 22.5 | 18.3 | 1 | 36.5 | 6.2 | 22.4 | 16.3 | 14.6 | 43.6 | 16.1 | 7 | 28.1 | 11.8 | 54.5 | 9.6 | 3.8 | 37.7 |
Free Cash Flow Per Share | 0.21 | -0.13 | 0.17 | 0.10 | 0.08 | 0.00 | 0.16 | 0.03 | 0.10 | 0.07 | 0.07 | 0.19 | 0.07 | 0.03 | 0.12 | 0.05 | 0.24 | 0.04 | 0.02 | 0.16 |
Gross Margin | 60.64% | 61.63% | 61.12% | 59.68% | 58.04% | 58.57% | 60.60% | 58.52% | 59.17% | 57.44% | 59.57% | 59.62% | 57.78% | 59.24% | 60.70% | 61.96% | 62.12% | 61.62% | 62.87% | 62.09% |
Operating Margin | 14.31% | 12.19% | 8.80% | 8.26% | 5.37% | 8.43% | 8.24% | 3.61% | 3.41% | 1.91% | 6.33% | 5.53% | 3.94% | 2.46% | 8.51% | 14.15% | 14.20% | 12.96% | 15.63% | 14.44% |
Profit Margin | 7.38% | 1.57% | -13.03% | -7.16% | 2.75% | 6.85% | 3.36% | -0.76% | -8.61% | -10.00% | 4.20% | 3.95% | -0.04% | -6.21% | 2.95% | 10.51% | 4.92% | 6.09% | 10.99% | -16.77% |
Free Cash Flow Margin | 12.55% | -7.92% | 9.99% | 7.52% | 6.30% | 0.35% | 13.48% | 2.60% | 8.89% | 6.63% | 5.74% | 17.59% | 6.11% | 2.83% | 9.88% | 3.80% | 16.25% | 3.04% | 1.21% | 11.54% |
EBITDA | 93.2 | 80.6 | 61.3 | 42.9 | 33.5 | 40.6 | 36.4 | 22.7 | 22.8 | 19.3 | 30.6 | 29.1 | 28.3 | 23.4 | 40.7 | 61.7 | 62.7 | 62.8 | 68.1 | 66.7 |
EBITDA Margin | 21.03% | 19.81% | 16.60% | 14.34% | 11.53% | 14.26% | 13.44% | 9.53% | 9.05% | 7.85% | 12.02% | 11.74% | 10.74% | 9.44% | 14.31% | 19.89% | 18.70% | 19.91% | 21.63% | 20.41% |
D&A For EBITDA | 29.8 | 31 | 28.8 | 18.2 | 17.9 | 16.6 | 14.1 | 14.1 | 14.2 | 14.6 | 14.5 | 15.4 | 17.9 | 17.3 | 16.5 | 17.8 | 15.1 | 21.9 | 18.9 | 19.5 |
EBIT | 63.4 | 49.6 | 32.5 | 24.7 | 15.6 | 24 | 22.3 | 8.6 | 8.6 | 4.7 | 16.1 | 13.7 | 10.4 | 6.1 | 24.2 | 43.9 | 47.6 | 40.9 | 49.2 | 47.2 |
EBIT Margin | 14.31% | 12.19% | 8.80% | 8.26% | 5.37% | 8.43% | 8.24% | 3.61% | 3.41% | 1.91% | 6.33% | 5.53% | 3.94% | 2.46% | 8.51% | 14.15% | 14.20% | 12.96% | 15.63% | 14.44% |
Effective Tax Rate | 25.85% | 53.62% | - | - | 21.57% | - | 51.08% | 125.00% | - | - | 41.53% | 46.74% | 101.56% | - | 55.56% | 27.23% | 59.56% | 32.87% | 6.23% | - |
Revenue as Reported | 443.1 | 406.8 | 369.3 | 299.1 | 290.5 | 284.8 | 270.8 | 238.2 | 252 | 246 | 254.5 | 247.9 | 263.6 | 247.8 | 284.5 | 310.2 | 335.3 | 315.5 | 314.8 | 326.8 |