Inferra AI / Company / VIAV
Viavi Solutions Inc.
VIAV · Information Technology
Last earnings Aug 5, 2026
Key results
Net revenuequarter
$290.5 million
Net revenue of $290.5 million, up $38.5 million or 15.3% year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Growthquarter
up $38.5 million
Net revenue of $290.5 million, up $38.5 million or 15.3% year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
GAAP operating marginquarter
5.3%
GAAP operating margin of 5.3%, up 760 bps year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Non-GAAP operating marginquarter
14.4%
Non-GAAP operating margin of 14.4%, up 350 bps year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
GAAP net incomequarter
$8.0 million
GAAP net income of $8.0 million, up $29.7 million or 136.9% year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Non-GAAP net incomequarter
$29.7 million
Non-GAAP net income of $29.7 million, up $12.6 million or 73.7% year-over-year GAAP diluted earnings per share (EPS) of $0.04, up $0.14 or 140.0% year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
GAAP EPSquarter
$12.6 million
Non-GAAP net income of $29.7 million, up $12.6 million or 73.7% year-over-year GAAP diluted earnings per share (EPS) of $0.04, up $0.14 or 140.0% year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
EPSquarter
$0.04
Non-GAAP net income of $29.7 million, up $12.6 million or 73.7% year-over-year GAAP diluted earnings per share (EPS) of $0.04, up $0.14 or 140.0% year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Non-GAAP EPSquarter
$0.13
Non-GAAP diluted EPS of $0.13, up $0.05 or 62.5% year-over-year Fiscal Year 2025
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Net revenue of $1.08 billion, up $83.9 million or 8.4% year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
GAAP operating margin of 5.3%, up 320 bps year-over-year
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Revenuequarter
$290.5 million
Net revenue $ 290.5 $ 252.0 $ 1,084.3 $ 1,000.4
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Gross marginquarter
$163.5 million
Gross profit 163.5 145.6 621.1 575.9
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Research and developmentquarter
$57.2 million
Research and development 57.2 52.5 208.7 201.9
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Net incomequarter
$8.0 million
Net income (loss) $ 8.0 $ (21.7) $ 34.8 $ (25.8)
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
AI analysis
Q1 FY2026 · reported Aug 7, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Aug 7, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q1 FY2026 | Prior qtr | Year ago |
|---|---|---|---|
| Net revenue | $290.5 million | — | — |
| Growth | up $38.5 million | — | — |
| GAAP operating margin | 5.3% | — | — |
| Non-GAAP operating margin | 14.4% | — | — |
| GAAP net income | $8.0 million | — | — |
| Non-GAAP net income | $29.7 million | — | — |
| GAAP EPS | $12.6 million | — | — |
| EPS | $0.04 | — | — |
Guidance · company-stated
“to be between $0.13 to $0.14”
Guidance stated in the release's Business Outlook table for the First Quarter of Fiscal 2026; no direction stated — figures as stated in the table.
Margin
Capital allocation
Non-cash interest expense and other expense The Company excludes certain investing expenses, including accretion of debt discount, and other non-cash activities that management believes are not reflective of such ordinary, ongoing and core operating activities, when calculating non-GAAP net income and non-GAAP EPS.
The amendments clarify or improve disclosure and presentation requirements on various disclosure areas, including the statement of cash flows, earnings per share, debt, equity and derivatives.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue -0.2% computed from stated figures
Event summary
Financial Overview The tables below (in millions, except percentage, and per share data) provide comparisons of quarterly results to prior periods, including sequential quarterly and year-over-year changes
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
net revenue: “net revenue to be between $290 million to $298 million”
non-GAAP EPS: “non-GAAP EPS to be between $0.13 to $0.14”
net revenue (“the First Quarter of Fiscal 2026”)
“net revenue to be between $290 million to $298 million”
non-GAAP EPS (“the First Quarter of Fiscal 2026”)
“non-GAAP EPS to be between $0.13 to $0.14”
Guidance stated in the release's Business Outlook table for the First Quarter of Fiscal 2026; no direction stated — figures as stated in the table.
Capital allocation
Non-cash interest expense and other expense The Company excludes certain investing expenses, including accretion of debt discount, and other non-cash activities that management believes are not reflective of such ordinary, ongoing and core operating activities, when calculating non-GAAP net income and non-GAAP EPS.
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
The amendments clarify or improve disclosure and presentation requirements on various disclosure areas, including the statement of cash flows, earnings per share, debt, equity and derivatives.
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Level 2 instruments of the Company include asset-backed securities, foreign currency forward contracts and debt.
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Other Fair Value Measures Fair Value of Debt: If measured at fair value on the Consolidated Balance Sheets, the Company s 0.625 % Senior Convertible Notes (2031 Notes), 3.75 % Senior Notes (2029 Notes), 1.625 % Senior Convertible Notes (2026 Notes) and Term Loan B would be classified in Level 2 of the fair value hierarchy as they are not actively traded in the markets.
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Debt , for further discussion of the Company s debt.
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Term Loan B On October 16, 2025, concurrent with the closing of the acquisition of Spirent s HSE and CE business, the Company entered into a $ 600 million senior secured term loan credit agreement (Term Loan Credit Agreement) with Wells Fargo Bank, National Association (Wells Fargo), as administrative agent, and other lenders.
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Strategy & priorities
In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements-Codification Amendments in Response to the SEC s Disclosure Update and Simplification Initiative .
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Strategic Investment During fiscal 2025, the Company invested $ 3.0 million in a non-marketable equity security in a privately held company.
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Risks & headwinds
These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected.
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
For more information on the risks and uncertainties associated with the Company s business, please refer to the Management s Discussion and Analysis of Financial Condition and Results of Operations and Risk Factors sections of the Company s filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q.
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
(1) Includes $6.3 million net gain on litigation settlement recorded as a gain to Interest and other income, net in the Consolidated Statements of Operations for the twelve months ended June 29, 2024.
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
(2) Included in the year ended June 28, 2025 is a gain on litigation settlement of $1.3 million, a gain on the sale of assets previously classified as held for sale of $0.9 million and other charges unrelated to core operating performance of $1.8 million.
SEC original ↗Viavi Solutions Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Legal Proceedings 55 Item 1A.
SEC original ↗Viavi Solutions Inc. — 10-Q Quarterly report10-QApr 30, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
34 documents- Q2 2026
- 10-KVIAV
Aug 13, 2026
- 8-KVIAV
Aug 5, 2026
- Q1 2026
- 8-KVIAV
May 21, 2026
- 8-KVIAV
May 18, 2026
- 10-QVIAV
Apr 30, 2026
- 8-KVIAV
Apr 29, 2026
- Q4 2025
- 10-QVIAV
Jan 29, 2026
- 8-KVIAV
Jan 28, 2026
- Q3 2025
- 8-KVIAV
Dec 16, 2025
- 8-KVIAV
Nov 18, 2025
- 10-QVIAV
Oct 30, 2025
- 8-KVIAV
Oct 29, 2025
- 8-KVIAV
Oct 16, 2025
- Q2 2025
- 8-KVIAV
Aug 25, 2025
- 8-KVIAV
Aug 19, 2025
- 8-K/AVIAV
Aug 18, 2025
- 8-KVIAV
Aug 14, 2025
- 10-KVIAV
Aug 11, 2025
- 8-KVIAV
Aug 7, 2025
- 8-KVIAV
Jul 30, 2025
- Q1 2025
- 8-KVIAV
May 19, 2025
- 10-QVIAV
May 2, 2025
- 8-KVIAV
May 1, 2025
- Q4 2024
- 8-KVIAV
Mar 3, 2025
- 10-QVIAV
Jan 31, 2025
- 8-KVIAV
Jan 30, 2025
- Q3 2024
- 8-KVIAV
Dec 13, 2024
- 8-KVIAV
Nov 13, 2024
- 10-QVIAV
Nov 1, 2024
- 8-KVIAV
Oct 31, 2024
- Q2 2015
- 8-KVIAV
Aug 5, 2015
- 8-KVIAV
Aug 5, 2015
- 8-KVIAV
Aug 5, 2015
- 8-KVIAV
Aug 5, 2015
Earnings releases
13 documentsPresentations
0 documentsNo presentations for Viavi Solutions Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Viavi Solutions Inc. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.