Viavi Solutions Inc. VIAV R2K
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and critical infrastructures in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates in two segments, Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides testing, monitoring, assurance, and security solutions that address lab and production environments, network management, service assurance, and AIOps for wireless, wireline, cloud, satellite, public safety, military, and infrastructure networks. This segment also offers instruments, microprobes, and perpetual software licenses that support the development, production, maintenance, and optimization of network systems, as well as product support and professional services comprising repair, calibration, software support, and technical assistance for its products. Its OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell technologies for the anti-counterfeiting, 3D sensing, government and aerospace, automotive, and industrial markets. The company has a strategic partnership with QuNu Labs Pvt. Ltd. for the development of quantum security and advanced network intelligence technologies. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 30.9% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -5.7% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VIAV Viavi Solutions Inc. R2K | 48.56 | - | $11.98B | - | 4.71% | -7.00% | -5.68% | 30.94% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Apr 2016 | Jul 2016 | Oct 2016 | Dec 2016 | Apr 2017 | Jul 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Oct 2020 | Jan 2021 | Apr 2021 | Jul 2021 | Oct 2021 | Jan 2022 | Apr 2022 | Jul 2022 | Oct 2022 | Dec 2022 | Apr 2023 | Jul 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | 210.80M | 206.50M | 196.00M | 198.10M | 190.90M | 205.40M | 218.70M | 260.70M | 268.50M | 306.90M | 265.20M | 289.70M | 299.80M | 313.70M | 256.20M | 266.60M | 284.70M | 299.90M | 303.40M | 310.90M | 326.80M | 314.80M | 315.50M | 335.30M | 310.20M | 284.50M | 247.80M | 263.60M | 247.90M | 254.50M | 246.00M | 238.20M | - | 284.80M | 290.50M | 299.10M | 369.30M | 406.80M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 124.10M | 127.00M | 130.10M | 158.70M | 172.70M |
| Gross Profit | 131.30M | 136.10M | 125.10M | 124.70M | 117.00M | 119.20M | 112.70M | 119.40M | 123.30M | 133.00M | 150.40M | 178.00M | 153.50M | 169.50M | 174.40M | 189.50M | 146.80M | 154.60M | 169.40M | 180.10M | 182.00M | 182.90M | 195.00M | 190.50M | 186.90M | 201.10M | 184.80M | 167.00M | 141.00M | 146.00M | 144.40M | 148.00M | 137.90M | 136.10M | - | 160.70M | 163.50M | 169.00M | 210.60M | 234.10M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 152.50M | 148.40M | 161.70M | 199.30M | 192.00M |
| Operating Income | 7.20M | - | 10.10M | 6.70M | -15.20M | - | 6.70M | 6.90M | 400.00K | - | -1.20M | 32.90M | 7.90M | - | 20.70M | 45.00M | 9.10M | - | 31.30M | 42.30M | 35.90M | - | 46.90M | 49.30M | 40.80M | - | 49.80M | 22.90M | -2.10M | - | 16.00M | 22.40M | -11.90M | 11.50M | - | 8.20M | 15.10M | 7.30M | 11.30M | 42.10M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.70M | 34.40M | 22.60M | 4.20M | 57.70M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.90M | 6.90M | 6.70M | 14.10M | 13.20M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.20M | 9.60M | -2.30M | -38.70M | 13.80M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -16.30M | 2.20M | 19.00M | 9.70M | 7.40M |
| Net Income | 33.80M | -67.90M | 78.00M | 49.20M | 26.00M | 13.70M | -7.60M | -1.10M | -10.70M | -29.20M | -15.30M | 13.00M | -4.80M | 12.50M | 6.80M | 28.00M | -32.80M | 26.70M | 19.70M | 27.30M | 17.20M | 3.30M | -54.80M | 34.60M | 19.20M | 16.50M | 32.60M | 8.40M | -15.40M | -100.00K | 9.80M | 10.70M | -24.60M | -1.80M | - | 19.50M | 8.00M | -21.40M | -48.10M | 6.40M |
| Diluted EPS | 0.14 | -0.29 | 0.33 | 0.21 | 0.11 | 0.06 | -0.03 | 0.00 | -0.05 | -0.13 | -0.07 | 0.06 | -0.02 | 0.05 | 0.03 | 0.12 | -0.14 | 0.12 | 0.08 | 0.12 | 0.07 | 0.01 | -0.24 | 0.14 | 0.08 | 0.07 | 0.14 | 0.04 | -0.07 | 0.00 | 0.04 | 0.05 | -0.11 | -0.01 | - | 0.09 | 0.04 | -0.10 | -0.21 | 0.03 |
| R&D Expense | 40.00M | - | 36.10M | 35.90M | 34.10M | - | 29.10M | 29.90M | 32.10M | - | 42.60M | 45.90M | 48.70M | - | 51.50M | 50.30M | 46.80M | - | 48.80M | 50.00M | 52.10M | - | 53.60M | 50.50M | 54.90M | - | 52.60M | 51.90M | 50.80M | - | 49.90M | 49.50M | 50.00M | 49.40M | 52.10M | 50.00M | - | 56.00M | 65.90M | 71.00M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jun 2009 | Jul 2010 | Jul 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jul 2016 | Jul 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jul 2021 | Jun 2022 | Jul 2022 | Jun 2023 | Jul 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 906.30M | 805.00M | 875.70M | 1.13B | 1.14B | - | 1.20B | 1.29B | 1.29B | 1.11B | 1.11B | 1.00B | 1.08B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 518.90M | - | 467.30M | - | 424.50M | 463.20M |
| Gross Profit | 486.60M | 547.10M | 785.70M | 705.50M | 694.60M | 527.80M | 520.10M | 549.70M | 479.00M | 488.40M | 651.40M | 665.30M | - | 714.40M | 773.50M | 773.50M | 638.80M | 638.80M | 575.90M | 621.10M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 588.60M | - | 544.30M | - | 541.50M | 562.90M |
| Operating Income | -899.90M | -54.20M | 72.50M | 400.00K | -24.90M | -55.60M | -75.80M | -84.30M | 7.00M | 1.90M | 67.40M | 118.10M | - | 142.20M | 184.90M | 185.00M | 94.50M | 82.40M | 34.40M | 58.20M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 161.00M | - | 154.80M | - | 98.60M | 128.90M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20.50M | - | 24.60M | - | 28.30M | 27.60M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 65.10M | - | 60.70M | - | 11.60M | 38.60M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.60M | - | 35.20M | - | 37.40M | 4.40M |
| Net Income | -909.50M | -61.80M | 71.60M | - | - | -17.80M | -88.10M | -99.20M | 160.20M | -48.60M | 5.40M | 49.00M | - | 67.50M | 15.50M | 15.50M | 25.50M | 25.50M | -25.80M | 34.80M |
| Diluted EPS | -4.22 | -0.28 | 0.31 | -0.24 | 0.24 | -0.08 | -0.38 | -0.42 | 0.68 | -0.21 | 0.02 | 0.21 | 0.20 | 0.29 | 0.07 | 0.07 | 0.11 | 0.11 | -0.12 | - |
| R&D Expense | 167.10M | 174.90M | 238.00M | 244.00M | 258.50M | 161.80M | 173.30M | 166.40M | 136.30M | 133.30M | 187.00M | 193.60M | - | 203.00M | - | 213.20M | - | 206.90M | 201.90M | 208.70M |
Compounded Sales Growth
| 5 Years: | -5.68% |
| 1 Year: | 42.80% |
Compounded Profit Growth
| 5 Years: | 30.94% |
| 1 Year: | -68.50% |
Stock Price Performance
| 1 Year: | +433.04% |
| 6 Months: | +177.80% |
| 3 Months: | +63.45% |
| 1 Month: | +6.65% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jun 2008 | Jun 2009 | Jul 2010 | Jul 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jul 2016 | Jul 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jul 2021 | Jun 2022 | Jul 2022 | Jun 2023 | Jul 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.70B | 1.95B | 1.87B | 1.72B | 2.35B | 2.22B | 1.68B | 2.11B | 2.03B | 1.82B | 1.78B | - | 1.96B | 1.83B | 1.83B | 1.85B | 1.85B | 1.74B | 1.99B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01B | - | 945.00M | - | 876.50M | 885.20M |
| Cash & Equivalents | 265.60M | 286.90M | 340.20M | 395.40M | 401.10M | 281.00M | 297.20M | 334.50M | 482.90M | 1.00B | 611.40M | 521.50M | 539.00M | - | 697.80M | 559.90M | 559.90M | 506.50M | 506.50M | 471.30M | 423.60M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 110.10M | - | 116.10M | - | 96.50M | 117.90M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 260.90M | - | 231.20M | - | 213.10M | 261.00M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16B | - | 1.16B | - | 1.05B | 1.21B |
| Current Liabilities | - | - | 350.90M | 418.60M | 654.10M | 347.70M | 408.40M | 375.50M | 226.40M | 228.80M | 553.20M | 284.00M | 232.80M | - | 747.40M | 369.30M | 369.30M | 343.50M | 343.50M | 247.10M | 589.70M |
| Long Term Debt | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | 224.10M | 616.50M | - | 629.50M | - | 636.00M | 396.30M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 744.50M | - | 781.00M | - | 687.20M | 692.30M |
| Total Equity | - | - | 908.70M | 1.07B | 1.04B | 1.16B | 1.19B | 1.10B | 689.30M | 803.50M | 734.90M | 627.30M | 633.20M | - | 763.90M | 671.70M | 671.70M | 690.80M | 690.80M | 681.60M | 780.20M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 226.00M | - | 222.00M | - | 222.00M | 223.24M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jun 2009 | Jul 2010 | Jul 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jul 2016 | Jul 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jul 2021 | Jun 2022 | Jul 2022 | Jun 2023 | Jul 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 107.40M | 119.20M | 205.30M | 119.10M | 187.80M | 176.60M | 82.30M | 64.30M | 94.30M | 66.00M | 138.80M | 135.60M | - | 243.30M | 178.10M | 178.10M | 114.10M | 114.10M | 116.40M | 89.80M |
| Investing Cash Flow | 140.80M | -65.40M | -188.30M | -105.70M | -25.00M | -651.80M | -5.80M | 244.20M | 113.50M | -286.50M | 80.60M | -29.80M | - | -48.70M | -71.00M | -71.00M | -127.10M | -127.10M | -21.60M | -128.40M |
| Financing Cash Flow | -220.90M | 1.00M | 31.10M | -1.90M | -283.80M | 489.60M | -7.30M | -159.10M | 311.00M | -180.50M | -300.40M | -71.70M | - | -58.80M | -210.40M | -210.40M | -50.00M | -50.00M | -125.70M | -23.60M |
| Capital Expenditure | -54.70M | -41.40M | -116.70M | -72.20M | -65.10M | -99.80M | -101.50M | -35.50M | -38.60M | -42.50M | -45.00M | -31.90M | - | -52.10M | -72.50M | -72.50M | -51.10M | -51.10M | -19.50M | -27.80M |
| Free Cash Flow | 52.70M | 77.80M | 88.60M | 46.90M | 122.70M | 76.80M | -19.20M | 28.80M | 55.70M | 23.50M | 93.80M | 103.70M | - | 191.20M | 105.60M | 105.60M | 63.00M | 63.00M | 96.90M | 62.00M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -103.30M | - | -63.00M | - | -30.90M | -62.20M |
| Share Buybacks | 86.80M | - | - | - | - | 155.20M | 4.80M | 44.50M | 92.00M | 40.80M | 11.20M | 44.40M | - | 42.20M | - | 235.90M | - | 83.90M | 20.00M | 16.40M |
Ratios (Annual)
Figures in %.
| Metric | Jun 2009 | Jul 2010 | Jul 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jul 2016 | Jul 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jul 2021 | Jun 2022 | Jul 2022 | Jun 2023 | Jul 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | 60.7% | 59.5% | 55.8% | 57.6% | 58.5% | - | 59.6% | 59.8% | 59.8% | 57.8% | 57.8% | 57.6% | 57.3% |
| Operating Margin % | - | - | - | - | - | - | - | -9.3% | 0.9% | 0.2% | 6.0% | 10.4% | - | 11.9% | 14.3% | 14.3% | 8.5% | 7.4% | 3.4% | 5.4% |
| Net Margin % | - | - | - | - | - | - | - | -10.9% | 19.9% | -5.5% | 0.5% | 4.3% | - | 5.6% | 1.2% | 1.2% | 2.3% | 2.3% | -2.6% | 3.2% |
| ROE % | - | -6.8% | 6.7% | - | - | -1.5% | -8.0% | -14.4% | 19.9% | -6.6% | 0.9% | 7.7% | - | 8.8% | 2.3% | 2.3% | 3.7% | 3.7% | -3.8% | 4.5% |
| ROCE % | - | -4.0% | 4.7% | 0.0% | -1.8% | -2.9% | -4.1% | -5.8% | 0.4% | 0.1% | 4.4% | 7.7% | - | 11.7% | 12.7% | 12.7% | 6.3% | 5.5% | 2.3% | 4.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 15.06% | 35.24M | $1.71B |
| 2 | Vanguard Portfolio Management LLC | 7.58% | 17.74M | $861.33M |
| 3 | Capital World Investors | 4.95% | 11.57M | $561.85M |
| 4 | Vanguard Capital Management LLC | 4.43% | 10.35M | $502.73M |
| 5 | Price (T.Rowe) Associates Inc | 4.36% | 10.19M | $494.67M |
| 6 | State Street Corporation | 3.96% | 9.26M | $449.53M |
| 7 | T. Rowe Price Investment Management, Inc. | 3.78% | 8.83M | $428.93M |
| 8 | Invesco Ltd. | 3.35% | 7.84M | $380.67M |
| 9 | Geode Capital Management, LLC | 2.69% | 6.28M | $305.20M |
| 10 | Wellington Management Group, LLP | 2.33% | 5.44M | $264.33M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VIAV