VIAVI SOLUTIONS INC.
Business
VIAVI Solutions Inc. is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and critical infrastructure, and a leader in optical processing technologies for anti-counterfeiting, 3D sensing, aerospace, automotive and industrial applications. The company offers integrated testing, monitoring, assurance and security solutions for telecom and datacom networks through its NSE segment, and optical variable pigments, optical coatings, filters and light-shaping optics through its OSP segment. VIAVI serves telecommunications service providers, network equipment manufacturers, cloud operators, enterprises, government agencies and security printers worldwide through direct sales forces, channel partners and strategic alliances.
Summary from 10-K filed 2025-08-11
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Total net revenue | 1,084 | 1,000 | 1,106 | 1,292 | 1,199 | |
| Amortization of acquired technologies | 20 | 14 | 25 | 30 | 33 | |
| Total cost of revenues | 463 | 425 | 467 | 519 | 485 | |
| Gross profit | 621 | 576 | 639 | 774 | 714 | |
| Research and development | 209 | 202 | 207 | 213 | 203 | |
| Selling, general and administrative | 349 | 333 | 329 | 366 | 338 | |
| Amortization of other intangibles | 5 | 6 | 9 | 10 | 33 | |
| Restructuring and related charges | 700,000 | 14 | 12 | −100,000 | −2 | |
| Total operating expenses | 564 | 555 | 556 | 589 | 572 | |
| Income from operations | 58 | 21 | 82 | 185 | 142 | |
| Loss on convertible note modification | 0 | 0 | −2 | — | — | |
| Interest and other income, net | 11 | 22 | 8 | 5 | 3 | |
| Interest expense | −30 | −31 | −27 | −23 | — | |
| Income before income taxes and equity investment earnings | 39 | 12 | 61 | — | — | |
| Provision for income taxes | 4 | 37 | 35 | 50 | 63 | |
| Equity investment earnings | 600,000 | 0 | 0 | — | — | |
| Net income (loss) | 35 | −26 | 26 | 16 | 68 | |
| Basic (usd per share) | 0.16 | −0.12 | 0.11 | 0.07 | 0.3 | |
| Diluted (usd per share) | 0.15 | −0.12 | 0.11 | 0.07 | 0.29 | |
| Basic (in shares) | 223 | 223 | 225 | 231 | 229 | |
| Diluted (in shares) | 226 | 223 | 227 | 238 | 236 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 424 | 471 | 507 | 560 | 698 | |
| Short-term investments | 2 | 20 | 15 | 1 | 2 | |
| Restricted cash | 4 | 5 | 5 | 4 | 4 | |
| Accounts receivable, net | 261 | 213 | 231 | 261 | 257 | |
| Inventories, net | 118 | 97 | 116 | 110 | 95 | |
| Prepayments and other current assets | 77 | 71 | 72 | 69 | 57 | |
| Total current assets | 885 | 877 | 945 | 1,005 | 1,112 | |
| Property, plant and equipment, net | 232 | 228 | 243 | 229 | 196 | |
| Goodwill, net | 596 | 453 | 455 | 388 | 397 | |
| Intangibles, net | 132 | 38 | 59 | 54 | 88 | |
| Deferred income taxes | 87 | 83 | 87 | 86 | 109 | |
| Other non-current assets | 62 | 58 | 62 | 66 | 60 | |
| Total assets | 1,994 | 1,736 | 1,851 | 1,828 | 1,961 | |
| Accounts payable | 69 | 50 | 47 | 58 | 63 | |
| Accrued payroll and related expenses | 64 | 48 | 51 | 76 | 76 | |
| Deferred revenue | 74 | 66 | 79 | 81 | 70 | |
| Accrued expenses | 29 | 25 | 21 | 29 | 25 | |
| Short-term debt | 246 | 0 | 96 | 68 | 457 | |
| Other current liabilities | 108 | 58 | 50 | 56 | 57 | |
| Total current liabilities | 590 | 247 | 344 | 369 | 747 | |
| Long-term debt | 396 | 636 | 630 | 617 | 224 | |
| Other non-current liabilities | 228 | 172 | 187 | 170 | 226 | |
| Total liabilities | 1,214 | 1,055 | — | — | — | |
| Commitments and contingencies (Note 18) | — | — | — | — | — | |
| Preferred stock, $0.001 par value; 1 million shares authorized, no shares issued or outstanding at June 28, 2025 and June 29, 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value; 1 billion shares authorized; 223 million shares at June 28, 2025 and 222 million shares at June 29, 2024, issued and outstanding | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |
| Additional paid-in capital | 70,518 | 70,472 | 70,427 | 70,370 | 70,183 | |
| Accumulated deficit | −69,628 | −69,647 | −69,601 | −69,542 | −69,322 | |
| Accumulated other comprehensive loss | −110 | −144 | −136 | −156 | −97 | |
| Total stockholders equity | 780 | 682 | 691 | 672 | 764 | |
| Total liabilities and stockholders equity | 1,994 | 1,736 | 1,851 | 1,828 | 1,961 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Depreciation expense | 38 | 39 | 36 | 36 | 36 | |
| Amortization of acquired technologies and other intangibles | 24 | 20 | 33 | 40 | 67 | |
| Stock-based compensation | 53 | 49 | 51 | 52 | 48 | |
| Amortization of debt issuance costs and accretion of debt discount | 7 | 8 | 4 | 3 | 2 | |
| Net change in fair value of contingent liabilities | −8 | −10 | −5 | 0 | −5 | |
| Deferred taxes, net | −28 | 300,000 | 5 | −11 | — | |
| Amortization of acquisition related inventory step-up | 4 | 0 | 0 | — | — | |
| Restructuring | 700,000 | 14 | 12 | 0 | 0 | |
| Gain on legal settlement | 0 | 0 | −7 | 0 | 0 | |
| Other | −6 | 6 | 6 | 4 | 3 | |
| Accounts receivable | −34 | 14 | 37 | −18 | −15 | |
| Inventories | −8 | 11 | −11 | −28 | −14 | |
| Other current and non-currents assets | −4 | −2 | 10 | −11 | 15 | |
| Accounts payable | 15 | 3 | −9 | −6 | 7 | |
| Income taxes payable | −6 | 2 | −2 | −18 | 18 | |
| Deferred revenue, current and non-current | 8 | −9 | −2 | 13 | 12 | |
| Accrued payroll and related expenses | 13 | −5 | −26 | 3 | 23 | |
| Accrued expenses and other current and non-current liabilities | −14 | 3 | −47 | 1 | −21 | |
| Net cash provided by operating activities | 90 | 116 | 114 | 178 | 243 | |
| Purchases of short-term investments | −149 | −225 | −13 | 0 | 0 | |
| Maturities of short-term investments | 168 | 220 | 0 | 0 | — | |
| Acquisitions, net of cash acquired and other | −121 | 0 | −67 | −8 | −700,000 | |
| Purchase price adjustment related to business acquisition | −700,000 | 0 | −700,000 | 0 | 0 | |
| Capital expenditures | −28 | −20 | −51 | −73 | −52 | |
| Proceeds from the sale of assets | 5 | 3 | 5 | 10 | 4 | |
| Other investing activities | −3 | 0 | 0 | — | — | |
| Net cash used in investing activities | −128 | −22 | −127 | −71 | −49 | |
| Proceeds from issuance of debt | 0 | 0 | 118 | 400 | 0 | |
| Payment of debt issuance costs | 0 | 0 | −4 | −11 | −100,000 | |
| Repurchase and retirement of common stock | −16 | −20 | −84 | −236 | −42 | |
| Payment of financing obligations | −200,000 | −200,000 | −100,000 | −100,000 | −1 | |
| Retirement of convertible notes upon maturity | 0 | −96 | −68 | 0 | 0 | |
| Proceeds from exercise of employee stock options and employee stock purchase plan | 6 | 6 | 8 | 8 | 7 | |
| Withholding tax payment on vesting of restricted stock awards | −13 | −11 | −12 | −14 | −18 | |
| Payment of acquisition related contingent consideration and obligations | 0 | −4 | −8 | −6 | −4 | |
| Other financing activities | 200,000 | 0 | 0 | — | — | |
| Net cash used in financing activities | −24 | −126 | −50 | −210 | −59 | |
| Effect of exchange rates on cash, cash equivalents and restricted cash | 13 | −3 | 6 | −32 | 25 | |
| Net decrease in cash, cash equivalents and restricted cash | −50 | −34 | −57 | −136 | 161 | |
| Cash paid for interest | 23 | 24 | 22 | 18 | 12 | |
| Cash paid for income taxes, net of refunds | 30 | 31 | 48 | 77 | 37 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is VIAVI SOLUTIONS INC.'s CIK number?
VIAVI SOLUTIONS INC.'s SEC CIK number is 0000912093 (912093). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find VIAVI SOLUTIONS INC.'s SEC filings?
All of VIAVI SOLUTIONS INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did VIAVI SOLUTIONS INC. last report earnings?
VIAVI SOLUTIONS INC. (VIAV) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028392). This is VIAVI SOLUTIONS INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is VIAVI SOLUTIONS INC.'s most recent earnings 8-K?
VIAVI SOLUTIONS INC.'s latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0001628280-26-028392. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View VIAVI SOLUTIONS INC.'s latest earnings 8-K →
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