Viavi Solutions Inc. (VIAV) Income Statement
VIAV FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsVIAV revenue and net income
Where VIAV's revenue goes
FY2026Each bar shows an amount and its share of revenue. VIAV kept −2.0% of revenue as net income.
VIAV profit margins
VIAV growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +40.0% | +11.1% | +4.8% | +5.3% |
| Gross profit | +42.0% | +11.6% | +5.1% | +5.0% |
| Operating income | +48.2% | +2.0% | −5.0% | +19.6% |
| Net income | −187.4% | — | — | — |
| EPS (diluted) | +111.4% | +19.1% | +2.1% | +9.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VIAV quarterly EPS vs estimates
Viavi Solutions beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.35).
VIAV income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.08B | $1.00B | $1.11B | $1.29B | $1.20B | $1.14B | $1.13B | $875.7M | $811.4M |
| Cost of revenue | $642.9M | $468.0M | $430.8M | $476.0M | $528.6M | $517.8M | $506.1M | $517.0M | $408.3M | $339.4M |
| Gross profit | $875.4M | $616.3M | $569.6M | $630.1M | $763.8M | $681.1M | $630.2M | $613.3M | $467.4M | $472.0M |
| Research & development | $262.7M | $208.7M | $201.9M | $206.9M | $213.2M | $203.0M | $193.6M | $187.0M | $133.3M | $136.3M |
| Sales, general & admin | $124.3M | $349.4M | $333.3M | $328.7M | $365.4M | $337.5M | $315.0M | $343.5M | $324.5M | $300.1M |
| Total operating expenses | $770.3M | $545.4M | $526.6M | $531.0M | $578.6M | $545.2M | $540.1M | $536.4M | $457.2M | $436.8M |
| Operating income | $105.1M | $70.9M | $43.0M | $99.1M | $185.2M | $135.9M | $90.1M | $76.9M | $10.2M | $35.2M |
| Interest income | $15.4M | $13.1M | $18.9M | $5.4M | $3.4M | $3.3M | $7.1M | $8.1M | $15.9M | $11.1M |
| Interest expense | $47.4M | $30.0M | $30.9M | $27.1M | $23.3M | $14.7M | $33.7M | $34.3M | $47.3M | $43.2M |
| Income before taxes | $17.1M | $39.2M | $11.6M | $60.7M | $65.1M | $130.8M | $94.0M | $39.3M | −$35.7M | $186.6M |
| Income taxes | $47.5M | $4.4M | $37.4M | $35.2M | $49.6M | $63.3M | $65.3M | $31.5M | $12.9M | $21.3M |
| Net income | −$30.4M | $34.8M | −$25.8M | $25.5M | $15.5M | $67.5M | $28.7M | $5.4M | −$48.6M | $166.9M |
| EBITDA | $172.0M | $131.9M | $101.2M | $157.3M | $163.8M | $247.8M | $235.5M | $185.8M | $95.0M | $287.5M |
| EPS (diluted) | $0.93 | $0.44 | $0.34 | $0.55 | $0.94 | $0.84 | $0.73 | $0.67 | $0.47 | $0.40 |
| Gross margin | 57.7% | 56.8% | 56.9% | 57.0% | 59.1% | 56.8% | 55.5% | 54.3% | 53.4% | 58.2% |
| Operating margin | 6.9% | 6.5% | 4.3% | 9.0% | 14.3% | 11.3% | 7.9% | 6.8% | 1.2% | 4.3% |
| Net margin | −2.0% | 3.2% | −2.6% | 2.3% | 1.2% | 5.6% | 2.5% | 0.5% | −5.5% | 20.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $443.1M | $406.8M | $369.3M | $299.1M | $290.5M | $284.8M | $270.8M | $238.2M | $252.0M | $246.0M | $254.5M | $247.9M |
| Cost of revenue | $166.2M | $180.1M | $165.0M | $131.6M | $128.5M | $125.3M | $111.0M | $103.2M | $107.7M | $109.6M | $107.7M | $105.6M |
| Gross profit | $276.9M | $226.7M | $204.3M | $167.5M | $162.0M | $159.5M | $159.8M | $135.0M | $144.3M | $136.4M | $146.8M | $142.3M |
| Research & development | $69.8M | $71.0M | $65.9M | $56.0M | $57.2M | $50.0M | $52.1M | $49.4M | $52.5M | $50.0M | $49.5M | $49.9M |
| Sales, general & admin | $124.3M | $113.6M | $127.1M | $104.2M | $89.7M | $101.3M | $84.3M | $74.1M | $83.1M | $98.2M | $74.8M | $77.2M |
| Total operating expenses | $265.9M | $184.6M | $174.4M | $145.4M | $144.7M | $135.5M | $137.5M | $127.7M | $136.8M | $148.8M | $130.4M | $128.5M |
| Operating income | $11.0M | $42.1M | $29.9M | $22.1M | $17.3M | $24.0M | $22.3M | $7.3M | $7.5M | −$12.4M | $16.4M | $13.8M |
| Interest income | $3.2M | $7.0M | $3.9M | $1.3M | $3.8M | $2.2M | $3.9M | $3.2M | $900,000 | $4.0M | $3.8M | $10.2M |
| Interest expense | $13.7M | $11.0M | $15.3M | $7.4M | $7.5M | $7.5M | $7.5M | $7.5M | $7.5M | $7.7M | $7.9M | $7.8M |
| Income before taxes | $44.1M | $13.8M | −$38.4M | −$2.4M | $10.2M | $3.2M | $18.6M | $7.2M | −$9.5M | −$15.6M | $18.3M | $18.4M |
| Income taxes | $11.4M | $7.4M | $9.7M | $19.0M | $2.2M | −$16.3M | $9.5M | $9.0M | $12.2M | $9.0M | $7.6M | $8.6M |
| Net income | $32.7M | $6.4M | −$48.1M | −$21.4M | $8.0M | $19.5M | $9.1M | −$1.8M | −$21.7M | −$24.6M | $10.7M | $9.8M |
| EBITDA | $87.6M | $55.5M | $5.7M | $23.2M | $35.6M | $27.3M | $40.2M | $28.8M | $12.2M | $6.7M | $40.7M | $41.6M |
| EPS (diluted) | $0.29 | $0.27 | $0.22 | $0.15 | $0.10 | $0.15 | $0.13 | $0.06 | $0.08 | $0.06 | $0.11 | $0.09 |
| Gross margin | 62.5% | 55.7% | 55.3% | 56.0% | 55.8% | 56.0% | 59.0% | 56.7% | 57.3% | 55.4% | 57.7% | 57.4% |
| Operating margin | 2.5% | 10.3% | 8.1% | 7.4% | 6.0% | 8.4% | 8.2% | 3.1% | 3.0% | −5.0% | 6.4% | 5.6% |
| Net margin | 7.4% | 1.6% | −13.0% | −7.2% | 2.8% | 6.8% | 3.4% | −0.8% | −8.6% | −10.0% | 4.2% | 4.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VIAV's financial statements (latest annual report filed August 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VIAV financial results
In fiscal year 2026 (ended June 30, 2026), Viavi Solutions reported revenue of $1.5 billion, up 40.0% from the year before. It had a net loss of $30.4 million, a net profit margin of −2.0%. Diluted earnings per share came to $0.93. Over five years revenue grew at an average rate of 4.8% a year.
See the VIAV stock overview for the latest quote and news, or the VIAV chart for price history and technical indicators.
VIAV income statement FAQ
What is Viavi Solutions's annual revenue?
Viavi Solutions reported total revenue of $1.5 billion for fiscal year 2026, which ended on June 30, 2026. That was up 40.0% from $1.1 billion the previous year.
Is Viavi Solutions profitable?
No. Viavi Solutions reported a net loss of $30.4 million in fiscal 2026, a net profit margin of −2.0%; its operating margin was 6.9%.
What is Viavi Solutions's gross margin?
Viavi Solutions's gross margin was 57.7% in fiscal 2026: for every $100 of revenue, Viavi Solutions kept $58 after the direct cost of its products and services.
How much does Viavi Solutions spend on research and development?
Viavi Solutions spent $262.7 million on research and development in fiscal 2026, 17.3% of revenue.
How fast is Viavi Solutions growing?
Revenue grew 4.8% a year on average over the last five fiscal years, from $1.2 billion to $1.5 billion.
What are Viavi Solutions's earnings per share?
Viavi Solutions earned $0.93 per diluted share in fiscal 2026, compared with $0.44 a year earlier.
When will Viavi Solutions report its next earnings?
Viavi Solutions is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Viavi Solutions's fiscal year end?
Viavi Solutions's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 13, 2026.