Friday 6 November 2026 Export VIAV’s income statement to Excel — free account

Viavi Solutions Inc.

Viavi Solutions Inc.’s revenue for fiscal 2026 (year ended June 2026) was $1.5 billion, up 40.0% from fiscal 2025.

Revenue: +56.9%
EPS: +410.0%
Free cash flow: +459.9%
Total debt: −18.8%

Quarter to September 2026, against a year earlier

28.13 1.83 +6.96%

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Market cap: $6.5B
P/E: 97.4×
Fwd P/E: 26.6×
Dividend yield: —
F-score: 6/9
Altman Z: −29.88
Beneish M: −2.36
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Viavi Solutions Inc. (VIAV) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Network and Service Enablement	777	71.62%
Optical Security and Performance Products	308	28.38%
Gross margin		57.28%
Operating margin		5.30%
Pre-tax margin		3.56%

Revenue by product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Product revenue	1,325 87.24%	912 84.11%	835 83.45%	936 84.63%	1,136 87.86%	1,051 87.70%	1,005 88.46%	1,004 88.84%	773 88.22%	706 87.70%	809 89.24%
Service revenue	194 12.76%	172 15.89%	166 16.55%	170 15.37%	157 12.14%	148 12.30%	131 11.54%	126 11.16%	103 11.78%	99 12.30%	98 10.76%
Revenue	1,518	1,084	1,000	1,106	1,292	1,199	1,136	1,130	876	805	906

Gross profit by product or service $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Product revenue	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Service revenue	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Optical Security and Performance Products	335 22.09%	308 28.38%	298 29.83%	305 27.57%	343 26.56%	361 30.11%	287 25.25%	289 25.58%	218 24.91%	232 28.84%	248 27.38%	193 22.06%	201 21.66%
Network Enablement	—	—	—	—	—	—	—	—	—	—	—	—	570 61.51%
Service Enablement	—	—	—	—	—	—	—	—	—	—	—	—	156 16.83%
Network and Service Enablement	—	—	—	—	—	—	—	—	—	—	—	—	726
Revenue	1,518	1,084	1,000	1,106	1,292	1,199	1,136	1,130	876	805	906	874	927

Operating income by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Network and Service Enablement	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Optical Security and Performance Products	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2009
Europe	—	—	—	—	—	—	—	—	—	—	—	—	—	402 31.33%
Also reported: a second breakdown of the same revenue
United States	578 38.06%	356 32.83%	325 32.53%	363 32.81%	389 30.09%	330 27.53%	342 30.06%	342 30.27%	336 38.31%	300 37.27%	397 43.76%	424 48.55%	449 48.40%	—
CHINA	259 17.05%	215 19.84%	194 19.39%	211 19.07%	256 19.84%	277 23.10%	246 21.62%	217 19.16%	129 14.69%	101 12.53%	103 11.39%	83 9.51%	—	—
Other Asia Pacific	211 13.90%	165 15.17%	153 15.24%	167 15.06%	205 15.89%	134 11.14%	123 10.78%	156 13.77%	85 9.73%	74 9.19%	63 6.96%	61 7.03%	—	—
Other Americas	105 6.92%	69 6.38%	65 6.53%	75 6.80%	97 7.49%	86 7.14%	73 6.44%	84 7.45%	81 9.25%	73 9.03%	66 7.28%	63 7.15%	59 6.34%	—
Other EMEA	—	—	—	—	—	—	289 25.41%	235 20.77%	170 19.42%	133 16.56%	142 15.65%	145 16.58%	181 19.48%	—
Switzerland	—	—	—	—	—	—	65 5.69%	97 8.58%	75 8.60%	124 15.42%	136 14.96%	98 11.18%	98 10.57%	—
Total Americas	683	425	391	438	486	416	—	—	—	—	—	—	507	—
Total Asia-Pacific	470	380	347	378	462	411	—	—	—	—	—	—	—	—
EMEA:	—	—	—	—	—	—	—	—	—	—	—	—	279	—
Revenue	1,518	1,084	1,000	1,106	1,292	1,199	1,136	1,130	876	805	906	874	927	1,283

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q1 FY2027	$664.4M	$352.6M	+88.43%

	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.