Viavi Solutions Inc. (VIAV) Balance Sheet
VIAV balance sheet, FY2026
June 30, 2026 · U.S. dollars$2.71B assets = $1.26B liabilities + $1.45B equity
Both columns are drawn to the same scale: what VIAV owns equals what it owes plus shareholders’ equity. Hover a block for its value.
VIAV financial health
Current ratio1.85
Comfortable · current assets cover current liabilities 1.85×
Debt / equity0.48
Low leverage · $0.48 of debt for each $1 of equity
Equity / assets53.5%
Equity-funded · of assets funded by shareholders
Cash / debt93.0%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles39.9%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
VIAV balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.11BFY2017 | $2.71BFY2026 | +2.8%/yr | |
| Total liabilities | $1.32BFY2017 | $1.26BFY2026 | −0.6%/yr | |
| Shareholders’ equity | $786.4MFY2017 | $1.45BFY2026 | +7.0%/yr | |
| Cash & short-term investments | $1.44BFY2017 | $649.8MFY2026 | −8.4%/yr | |
| Total debt | $1.01BFY2017 | $698.8MFY2026 | −4.0%/yr | |
| Net cash (debt) | $430.6MFY2017 | −$49.0MFY2026 | −$479.6M | |
| Working capital | $1.44BFY2017 | $576.0MFY2026 | −$862.2M | |
| Book value per share | $3.35FY2017 | $6.31FY2026 | +7.3%/yr | |
| Current ratio | 7.29FY2017 | 1.85FY2026 | −5.44 | |
| Debt / equity | 1.28FY2017 | 0.48FY2026 | −0.80 | |
| Shares outstanding | 234.5MFY2017 | 229.5MFY2026 | −0.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
VIAV assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
VIAV liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
VIAV debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
VIAV balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $649.8M | $425.3M | $491.2M | $521.1M | $561.3M | $699.4M | $544.0M | $523.0M | $780.7M | $1.44B |
| Cash & equivalents | $647.8M | $423.6M | $471.3M | $506.5M | $559.9M | $697.8M | $542.5M | $521.5M | $611.4M | $1.00B |
| Short-term investments | $2.0M | $1.7M | $19.9M | $14.6M | $1.4M | $1.6M | $1.5M | $1.5M | $169.3M | $432.2M |
| Receivables | $351.3M | $293.2M | $244.9M | $263.9M | $285.8M | $275.6M | $260.7M | $233.8M | $218.6M | $120.4M |
| Inventory | $155.3M | $117.9M | $96.5M | $116.1M | $110.1M | $94.9M | $83.3M | $102.7M | $92.3M | $48.0M |
| Other current assets | $100.1M | $48.8M | $43.9M | $43.9M | $47.9M | $42.2M | $25.6M | $57.3M | $61.0M | $62.0M |
| Total current assets | $1.26B | $885.2M | $876.5M | $945.0M | $1.01B | $1.11B | $913.6M | $916.8M | $1.15B | $1.67B |
| Property, plant & equipment (net) | $224.5M | $266.0M | $264.0M | $243.0M | $228.9M | $241.1M | $172.5M | $179.9M | $170.5M | $136.9M |
| Goodwill & intangible assets | $1.08B | $727.3M | $491.5M | $513.8M | $441.8M | $484.5M | $529.5M | $592.7M | $571.4M | $182.7M |
| Long-term investments | $3.0M | $3.0M | $0 | $0 | $0 | $0 | $0 | $4.5M | $4.7M | $5.1M |
| Other non-current assets | $143.3M | $112.3M | $104.3M | $148.7M | $152.1M | $123.7M | $160.7M | $121.2M | $123.4M | $118.8M |
| Total assets | $2.71B | $1.99B | $1.74B | $1.85B | $1.83B | $1.96B | $1.78B | $1.82B | $2.02B | $2.11B |
| Liabilities | ||||||||||
| Accounts payable | $92.2M | $68.8M | $50.4M | $47.2M | $58.3M | $63.2M | $53.0M | $63.4M | $55.5M | $32.6M |
| Short-term debt | $257.1M | $256.4M | $9.8M | $106.3M | $78.5M | $468.2M | $14.6M | $92.9M | $276.4M | $74.6M |
| Deferred revenue | $101.9M | $74.1M | $65.7M | $78.6M | $81.0M | $70.1M | $55.1M | $55.3M | $71.9M | $60.2M |
| Total current liabilities | $680.5M | $589.7M | $247.1M | $343.5M | $369.3M | $747.4M | $232.8M | $284.0M | $561.2M | $228.8M |
| Long-term debt | $397.1M | $396.3M | $636.0M | $629.5M | $616.5M | $255.6M | $600.9M | $578.8M | $557.9M | $931.4M |
| Lease obligations | $56.4M | $49.8M | $51.2M | $55.3M | $59.6M | $58.5M | $56.0M | $25.5M | $26.8M | $27.8M |
| Other long-term liabilities | $179.5M | $227.6M | $171.6M | $186.7M | $170.4M | $194.5M | $231.2M | $226.5M | $182.8M | $163.9M |
| Total liabilities | $1.26B | $1.21B | $1.05B | $1.16B | $1.16B | $1.20B | $1.06B | $1.09B | $1.30B | $1.32B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
| Retained earnings (deficit) | −$69.69B | −$69.63B | −$69.65B | −$69.60B | −$69.54B | −$69.32B | −$69.40B | −$69.38B | −$69.39B | −$69.31B |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$116.0M | −$109.8M | −$144.0M | −$136.0M | −$156.4M | −$97.2M | −$165.9M | −$134.6M | −$102.4M | −$92.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.45B | $780.2M | $681.6M | $690.8M | $671.7M | $763.9M | $711.4M | $725.8M | $720.7M | $786.4M |
| Key figures | ||||||||||
| Total debt | $698.8M | $692.3M | $687.2M | $781.0M | $744.5M | $739.2M | $659.8M | $671.7M | $833.2M | $1.01B |
| Net cash (debt) | −$49.0M | −$267.0M | −$196.0M | −$259.9M | −$183.2M | −$39.8M | −$115.8M | −$148.7M | −$52.5M | $430.6M |
| Working capital | $576.0M | $295.5M | $629.4M | $601.5M | $635.8M | $364.7M | $680.8M | $632.8M | $591.4M | $1.44B |
| Tangible book value | $370.2M | $52.9M | $190.1M | $177.0M | $229.9M | $279.4M | $181.9M | $133.1M | $149.3M | $603.7M |
| Book value per share | $6.31 | $3.46 | $3.06 | $3.05 | $2.82 | $3.23 | $3.04 | $3.14 | $3.17 | $3.35 |
| Shares outstanding | 229.5M | 225.7M | 222.6M | 226.6M | 238.2M | 236.3M | 233.7M | 231.2M | 227.1M | 234.5M |
| Current ratio | 1.85 | 1.50 | 3.55 | 2.75 | 2.72 | 1.49 | 3.92 | 3.23 | 2.05 | 7.29 |
| Quick ratio | 1.47 | 1.22 | 2.98 | 2.29 | 2.29 | 1.30 | 3.46 | 2.66 | 1.78 | 6.81 |
| Debt / equity | 0.48 | 0.89 | 1.01 | 1.13 | 1.11 | 0.97 | 0.93 | 0.93 | 1.16 | 1.28 |
| Equity / assets | 53.5% | 39.1% | 39.3% | 37.3% | 36.7% | 38.9% | 40.0% | 40.0% | 35.6% | 37.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $649.8M | $500.8M | $767.4M | $545.6M | $425.3M | $396.8M | $509.4M | $493.1M | $491.2M | $486.1M | $568.7M | $544.5M |
| Cash & equivalents | $647.8M | $499.0M | $765.5M | $543.8M | $423.6M | $374.2M | $488.0M | $467.9M | $471.3M | $457.7M | $543.7M | $524.0M |
| Short-term investments | $2.0M | $1.8M | $1.9M | $1.8M | $1.7M | $22.6M | $21.4M | $25.2M | $19.9M | $28.4M | $25.0M | $20.5M |
| Receivables | $351.3M | $345.0M | $320.5M | $273.8M | $293.2M | $279.0M | $236.7M | $234.8M | $244.9M | $244.6M | $240.9M | $222.5M |
| Inventory | $155.3M | $147.9M | $141.0M | $124.5M | $117.9M | $116.2M | $92.8M | $93.2M | $96.5M | $103.4M | $115.1M | $113.5M |
| Other current assets | $100.1M | $60.0M | $49.7M | $46.4M | $48.8M | $43.4M | $41.5M | $42.9M | $43.9M | $33.5M | $40.6M | $35.6M |
| Total current assets | $1.26B | $1.05B | $1.28B | $990.3M | $885.2M | $835.4M | $880.4M | $864.0M | $876.5M | $867.6M | $965.3M | $916.1M |
| Property, plant & equipment (net) | $224.5M | $264.4M | $227.4M | $269.7M | $266.0M | $262.7M | $225.9M | $230.5M | $264.0M | $269.6M | $274.0M | $277.1M |
| Goodwill & intangible assets | $1.08B | $1.10B | $1.12B | $715.5M | $727.3M | $725.1M | $480.3M | $495.2M | $491.5M | $496.2M | $503.4M | $502.4M |
| Long-term investments | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $0 | $0 | $0 | $0 |
| Other non-current assets | $143.3M | $106.9M | $145.8M | $103.6M | $112.3M | $107.0M | $135.5M | $144.9M | $104.3M | $110.6M | $113.5M | $106.5M |
| Total assets | $2.71B | $2.53B | $2.78B | $2.08B | $1.99B | $1.93B | $1.73B | $1.74B | $1.74B | $1.74B | $1.86B | $1.80B |
| Liabilities | ||||||||||||
| Accounts payable | $92.2M | $81.7M | $91.4M | $66.6M | $68.8M | $67.2M | $55.7M | $47.4M | $50.4M | $42.5M | $43.8M | $39.8M |
| Short-term debt | $257.1M | $256.0M | $65.0M | $161.2M | $256.4M | $254.7M | $9.4M | $9.7M | $9.8M | $9.9M | $106.3M | $106.2M |
| Deferred revenue | $101.9M | $85.2M | $83.6M | $64.2M | $74.1M | $64.5M | $57.8M | $63.7M | $65.7M | $61.2M | $60.8M | $67.0M |
| Total current liabilities | $680.5M | $652.5M | $489.6M | $497.5M | $589.7M | $544.7M | $248.0M | $232.8M | $247.1M | $227.8M | $312.1M | $310.9M |
| Long-term debt | $397.1M | $836.3M | $1.22B | $640.5M | $396.3M | $396.1M | $639.3M | $637.6M | $636.0M | $634.4M | $632.8M | $631.1M |
| Lease obligations | $56.4M | $55.7M | $54.7M | $55.0M | $49.8M | $50.4M | $48.3M | $51.0M | $51.2M | $52.9M | $52.8M | $53.3M |
| Other long-term liabilities | $179.5M | $192.5M | $232.2M | $220.2M | $227.6M | $263.6M | $155.0M | $165.1M | $171.6M | $176.7M | $183.3M | $184.9M |
| Total liabilities | $1.26B | $1.68B | $1.94B | $1.36B | $1.21B | $1.20B | $1.04B | $1.04B | $1.05B | $1.04B | $1.13B | $1.13B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
| Retained earnings (deficit) | −$69.69B | −$69.72B | −$69.73B | −$69.68B | −$69.63B | −$69.64B | −$69.66B | −$69.66B | −$69.65B | −$69.61B | −$69.59B | −$69.60B |
| Accumulated other comprehensive income | −$116.0M | −$116.0M | −$108.5M | −$114.3M | −$109.8M | −$140.9M | −$154.8M | −$113.6M | −$144.0M | −$139.4M | −$126.8M | −$156.5M |
| Total shareholders' equity | $1.45B | $846.5M | $834.3M | $723.9M | $780.2M | $728.8M | $682.8M | $702.1M | $681.6M | $705.1M | $728.0M | $675.2M |
| Key figures | ||||||||||||
| Total debt | $698.8M | $1.14B | $1.33B | $846.6M | $692.3M | $691.3M | $687.6M | $688.6M | $687.2M | $687.3M | $781.9M | $780.6M |
| Net cash (debt) | −$49.0M | −$635.7M | −$562.4M | −$301.0M | −$267.0M | −$294.5M | −$178.2M | −$195.5M | −$196.0M | −$201.2M | −$213.2M | −$236.1M |
| Working capital | $576.0M | $401.2M | $789.0M | $492.8M | $295.5M | $290.7M | $632.4M | $631.2M | $629.4M | $639.8M | $653.2M | $605.2M |
| Tangible book value | $370.2M | −$253.3M | −$288.7M | $8.4M | $52.9M | $3.7M | $202.5M | $206.9M | $190.1M | $208.9M | $224.6M | $172.8M |
| Book value per share | $6.31 | $3.39 | $3.73 | $3.25 | $3.44 | $3.21 | $3.04 | $3.16 | $3.06 | $3.16 | $3.26 | $3.01 |
| Shares outstanding | 229.5M | 249.5M | 223.9M | 222.9M | 227.0M | 226.9M | 224.8M | 222.0M | 222.9M | 223.0M | 223.5M | 224.2M |
| Current ratio | 1.85 | 1.61 | 2.61 | 1.99 | 1.50 | 1.53 | 3.55 | 3.71 | 3.55 | 3.81 | 3.09 | 2.95 |
| Quick ratio | 1.47 | 1.30 | 2.22 | 1.65 | 1.22 | 1.24 | 3.01 | 3.13 | 2.98 | 3.21 | 2.59 | 2.47 |
| Debt / equity | 0.48 | 1.34 | 1.59 | 1.17 | 0.89 | 0.95 | 1.01 | 0.98 | 1.01 | 0.97 | 1.07 | 1.16 |
| Equity / assets | 53.5% | 33.5% | 30.0% | 34.8% | 39.1% | 37.7% | 39.6% | 40.4% | 39.3% | 40.4% | 39.2% | 37.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 13, 2026); data from EODHD.
VIAV financial position
At the end of fiscal 2026 (June 30, 2026), Viavi Solutions had total assets of $2.7 billion (up 35.7% from a year earlier), total liabilities of $1.3 billion and shareholders' equity of $1.4 billion. It held $649.8 million in cash and short-term investments against $698.8 million of debt, net debt of $49.0 million. Its current ratio was 1.85.
Related: VIAV income statement, VIAV cash flow statement, VIAV key metrics. See the VIAV stock overview for the latest quote and news.
VIAV balance sheet FAQ
What are Viavi Solutions's total assets?
Viavi Solutions reported total assets of $2.7 billion at the end of fiscal 2026 (June 30, 2026), compared with $2.0 billion a year earlier.
How much debt does Viavi Solutions have?
Viavi Solutions had $698.8 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.48.
How much cash does Viavi Solutions have?
Viavi Solutions held $649.8 million in cash and short-term investments at the end of fiscal 2026; with $698.8 million of debt that is net debt of $49.0 million.
What is Viavi Solutions's book value?
Viavi Solutions's shareholders' equity (book value) was $1.4 billion at the end of fiscal 2026, or $6.31 per share.
What is Viavi Solutions's current ratio?
Viavi Solutions had current assets of $1.3 billion and current liabilities of $680.5 million, a current ratio of 1.85 (it can cover its short-term obligations).
How much goodwill does Viavi Solutions have?
Viavi Solutions carried $1.1 billion of goodwill and intangible assets, 39.9% of total assets, at the end of fiscal 2026.