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Viavi Solutions

(NASDAQ) VIAV

Current Price$38.41
Market Cap$9.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1993)+3,049%
5 Year+120%
1 Year+265%
1 Month-26%
Viavi Solutions last closing stock price
MetricPriceDate
Last closeUSD 36.932026-07-16
Viavi Solutions stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-13.88%USD 42.882026-07-09
1 month-26.29%USD 50.102026-06-16
3 month-16.32%USD 44.142026-04-17
Year to date+107.24%USD 17.822025-12-31
1 year+265.28%USD 10.112025-07-16
3 year+233.6%USD 11.072023-07-17
5 year+120.35%USD 16.762021-07-16
Since inception+3,049.42%USD 1.171993-11-17

Viavi Solutions Financials at a Glance

Market Cap

$9.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.37B

Net Income (TTM)

-$55.10M

EPS (TTM)

-$0.25

P/E Ratio

-147.72

Dividend

$0.00

Beta (Volatility)

1.09 (Average)

Price

$38.41

Volume

227,411

Open

$35.37

Previous Close

$36.93

Daily Range

$34.85 - $38.64

52-Week Range

$9.62 - $60.43

Estimated Earnings Date

Aug 6, 2026

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About Viavi Solutions

Viavi helps telecom companies and governments test and monitor their networks.

Its products also protect against counterfeiting.

Gadgets, Glass, and Guardrails: What Viavi Sells

  • Network Enablement: Tools and software for building, testing, and fixing telecom and data networks. Used by telecom operators, equipment makers, and government agencies.
  • Service Enablement: Systems that monitor and analyze network and application performance. Targeted at telecom providers, cloud companies, and large businesses.
  • Optical Security and Performance: Optical coatings and components for anti-counterfeiting, 3D sensing, and specialty pigments. Used in banknotes, electronics, and automotive products.
  • Avionics Test Solutions: Equipment for testing aircraft and defense communication systems. Serves aerospace, defense, and public safety sectors.
  • Professional Services: Support, repair, training, and consulting for all product lines. Offered to all customer segments.

Growth Moves: Viavi’s Expansion Playbook

  • Acquired Inertial Labs in 2025 to add navigation and timing solutions for aerospace and defense.
  • Acquired Jackson Labs Technologies in 2022, expanding position and timing technology for critical infrastructure.
  • Announced pending purchase of Spirent Communications’ high-speed ethernet and network security business in 2025.
  • Launched the VALOR automated lab service for Open RAN (open radio access networks) in 2024.
  • Formed a strategic alliance with SICPA for anti-counterfeiting optical products.

Why Viavi Stands Out (Without Shouting)

Viavi operates globally, with most sales outside the U.S. Its broad product range covers both physical and digital network testing. The company invests heavily in research and development to keep up with rapid technology changes.

Five Things You Need to Know

  • Revenue was $369 million in QQ2 2026, up 36.4% year-over-year.
  • Operating income was $212 million in QQ2 2026, up 32.7% year-over-year.
  • Net income was -$3 million in QQ2 2026, down from $22 million last year.

Bottom Line

Viavi has evolved from a legacy optical company to a diversified network and security technology provider. Its broad product mix and global reach help it adapt to changing telecom and security needs.

AI Generated • Apr 16, 2026

Industry

Communications Equipment

Employees

3,600

CEO

Oleg Khaykin, MBA

Headquarters

Scottsdale, AZ 85286, US

VIAV Financials

Key Financial Metrics (TTM)

Gross Margin

55.69%

Operating Margin

8.16%

Net Income Margin

-4.03%

Return on Equity

-6.92%

Return on Capital

4.81%

Return on Assets

-2.18%

Earnings Yield

-0.68%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$9.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

246.69M

Volume

227.41K

Avg. Volume

7.38M

Financials (TTM)

Gross Profit

$760.50M

Operating Income

$111.40M

EBITDA

$120.00M

Operating Cash Flow

$71.00M

Capital Expenditure

-$25.50M

Free Cash Flow

$45.50M

Cash & ST Invst.

$500.80M

Total Debt

$1.14B

Viavi Solutions Performance Analysis

Viavi Solutions annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30USD 1,292,400,000N/A
20232023-06-30USD 1,106,100,000-14.4%
20242024-06-30USD 1,000,400,000-9.6%
20252025-06-30USD 1,084,300,0008.4%
Viavi Solutions sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-06-282.0%
Q12025-09-273.0%
Q22025-12-2723.5%
Q32026-03-2810.2%
Viavi Solutions annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30USD 0.07N/A
20232023-06-30USD 0.1172.8%
20242024-06-30USD -0.12N/A
20252025-06-30USD 0.15N/A
Viavi Solutions sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-06-28-59.0%
Q12025-09-27-372.7%
Q22025-12-27-118.7%
Q32026-03-28112.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$406.80M

+42.8%

Gross Profit

$226.70M

+42.1%

Gross Margin

55.73%

N/A

Market Cap

$9.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.53M

N/A

Employees

3,600

N/A

Net Income

$6.40M

-67.2%

EBITDA

$55.50M

+103.3%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$500.80M

+26.2%

Total Debt

$1.14B

+64.4%

Accounts Receivable

$345.00M

+23.7%

Inventory

$147.90M

+27.3%

Long Term Debt

$880.50M

+101.7%

Short Term Debt

$256.00M

+0.5%

Return on Assets

-2.18%

N/A

Return on Invested Capital

5.94%

N/A

Free Cash Flow

-$32.20M

-3320.0%

Operating Cash Flow

-$26.30M

-437.2%

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Questions About VIAV

What is the current price of Viavi Solutions?

Viavi Solutions is trading at $38.41 per share.

What is the 52-week range for Viavi Solutions?

Over the past 52 weeks, Viavi Solutions has traded between $9.62 and $60.43.

How much debt does Viavi Solutions have?

As of the most recent reporting period, Viavi Solutions reported total debt of $1.14B.

How much cash does Viavi Solutions have on hand?

Viavi Solutions reported $506.20M in cash and cash equivalents in its most recent financial results.

What is Viavi Solutions’s dividend yield?

Viavi Solutions does not currently have a dividend yield.

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