Company Analysis

Viavi Solutions Inc. (VIAV)

Nasdaq: VIAV · Semiconductors & Related Devices · Chandler, AZ · filing with the SEC since 1996
Grade6.0
◀ Past 6.3● Present 6.1▶ Future 5.7

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in June.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingJun 27, 2026Jun 28, 2025Jun 29, 2024Jul 1, 2023Jul 2, 2022Jul 3, 2021Jun 27, 2020Jun 29, 2019Jun 30, 2018Jul 1, 2017
Report filedAug 13, 2026Aug 11, 2025Aug 16, 2024Aug 17, 2023Aug 19, 2022Aug 23, 2021Aug 24, 2020Aug 27, 2019Aug 28, 2018Aug 29, 2017
Revenue1,518.31,084.31,000.41,106.11,292.41,198.91,136.31,130.3875.7r805.0r
Cost of revenue642.9463.2424.5467.3518.9484.5471.0478.9387.3r326.0r
Gross profit875.4621.1575.9638.8773.5714.4665.3651.4488.4r479.0r
Research and development262.7208.7201.9206.9213.2203.0193.6187.0133.3136.3
Selling, general and administrative469.2349.4333.3328.7365.7337.5315.0343.5323.9r300.1r
Total operating expenses770.3563.6555.1556.4588.5572.2547.2584.0486.5r472.0r
Operating income105.157.520.882.4185.0142.2118.167.41.9r7.0r
Interest expense47.430.030.927.123.314.713.434.347.343.2
Interest and investment income15.413.118.910.23.42.97.18.116.0r11.1
Share of profit of equity-method investments0.80.60.00.0······
Other income (expense), net15.311.121.77.65.23.39.66.2r9.713.1
Income before income taxes16.338.611.660.765.1130.8r114.3r39.3-35.7r180.0r
Income tax expense47.54.437.435.249.663.365.331.512.9r21.4r
Income from continuing operations·····46.128.77.8-48.6r158.6r
Income from discontinued operations·····0.00.0-2.40.01.6
Net income-30.434.8-25.825.515.567.5r49.0r5.4-48.6r160.2r
Earnings per share, basic-0.130.16-0.120.110.070.30r0.21r0.02-0.21r0.70r
Earnings per share, diluted-0.130.15-0.120.110.070.29r0.21r0.02-0.21r0.68r
Weighted average shares, basic229.5222.5222.6224.6230.9228.7229.4228.1227.1229.9
Weighted average shares, diluted229.5225.7222.6226.6238.2236.3r234.8r231.2227.1234.5
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton VIAV · research, not advice