VIAV · Viavi Solutions Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.52B | $1.08B | $1B | $1.11B | $1.29B | $1.2B | $1.14B | $1.13B | $875.7M | $805M | $906.3M | $873.9M | $926.9M | $1.68B | $1.66B | $1.78B | $1.36B | $1.28B | |
| $642.9M | $463.2M | $424.5M | $467.3M | $518.9M | $484.5M | $471M | $478.9M | $387.3M | $326M | $356.6M | $353.8M | $915.7M | $919M | $898.3M | $939.3M | $766.2M | $742.9M | |
| $875.4M | $621.1M | $575.9M | $638.8M | $773.5M | $714.4M | $665.3M | $651.4M | $488.4M | $479M | $549.7M | $520.1M | $527.8M | $694.6M | $705.5M | $785.7M | $547.1M | $486.6M | |
| 57.66% | 57.28% | 57.57% | 57.75% | 59.85% | 59.59% | 58.55% | 57.63% | 55.77% | 59.5% | 60.65% | 59.51% | 56.94% | 41.42% | 42.44% | 44.09% | 40.11% | 37.92% | |
| $262.7M | $208.7M | $201.9M | $206.9M | $213.2M | $203M | $193.6M | $187M | $133.3M | $136.3M | $166.4M | $173.3M | $161.8M | $258.5M | $244M | $238M | $174.9M | $167.1M | |
| $469.2M | $349.4M | $333.3M | $328.7M | $365.7M | $337.5M | $315M | $343.5M | $323.9M | $300.1M | $351.1M | $376.3M | $384.8M | $429.3M | $427M | $434.5M | $382.9M | $399M | |
| $22.5M | $4.8M | $6.3M | $8.7M | $9.7M | $33.3M | $35.1M | $38.1M | $21M | $14M | $14.6M | $19.5M | $15.5M | $12.7M | $21.7M | $25.9M | $27.8M | $27M | |
| $15.9M | $700K | $13.6M | $12.1M | -$100K | -$1.6M | $3.5M | $15.4M | $8.3M | $21.6M | $10.5M | $26.8M | $21.3M | — | $12.5M | — | — | — | |
| $770.3M | $563.6M | $555.1M | $556.4M | $588.5M | $572.2M | $547.2M | $584M | $486.5M | $472M | $634M | $595.9M | $583.4M | $719.5M | $705.1M | $713.2M | $601.3M | $1.39B | |
| $105.1M | $57.5M | $20.8M | $82.4M | $185M | $142.2M | $118.1M | $67.4M | $1.9M | $7M | -$84.3M | -$75.8M | -$55.6M | -$24.9M | $400K | $72.5M | -$54.2M | -$899.9M | |
| 6.92% | 5.3% | 2.08% | 7.45% | 14.31% | 11.86% | 10.39% | 5.96% | 0.22% | 0.87% | -9.3% | -8.67% | -6% | -1.48% | 0.02% | 4.07% | -3.97% | -70.12% | |
| $47.4M | $30M | $30.9M | $27.1M | $23.3M | $14.7M | $13.4M | $34.3M | $47.3M | $43.2M | $35.7M | $33.3M | $29.4M | $17.9M | $27.3M | $25.4M | $24.3M | $25.5M | |
| $15.4M | $13.1M | $18.9M | $10.2M | $3.4M | $2.9M | $7.1M | $8.1M | $16M | $11.1M | $5.9M | $4.6M | $3.6M | $2.7M | $3.5M | $3.9M | $6.3M | $19M | |
| $15.3M | $11.1M | $21.7M | $7.6M | $5.2M | $3.3M | $9.6M | $6.2M | $9.7M | $13.1M | $2.5M | $3.7M | -$1.2M | -$4.1M | $12.8M | $5.6M | $8.2M | $33.5M | |
| $800K | $600K | $0 | $0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | $0 | $0 | -$100K | -$500K | -$100K | $203.1M | $71.6M | $100K | $400K | $500K | $1.6M | $3.4M | $2M | -$900K | |
| $16.3M | $38.6M | $11.6M | $60.7M | $65.1M | $130.8M | $114.3M | $39.3M | -$35.7M | $180M | -$45.9M | -$105.3M | -$85.8M | -$46.9M | -$14.1M | $52.7M | -$57.2M | -$908.5M | |
| $47.5M | $4.4M | $37.4M | $35.2M | $49.6M | $63.3M | $65.3M | $31.5M | $12.9M | $21.4M | $4.5M | $26.1M | -$11.2M | -$103.9M | $12M | -$26M | $2.5M | -$2.3M | |
| -$30.4M | $34.8M | -$25.8M | $25.5M | $15.5M | $67.5M | $49M | $5.4M | -$48.6M | $160.2M | -$99.2M | -$88.1M | -$17.8M | — | — | $71.6M | -$61.8M | -$909.5M | |
| -2% | 3.21% | -2.58% | 2.31% | 1.2% | 5.63% | 4.31% | 0.48% | -5.55% | 19.9% | -10.95% | -10.08% | -1.92% | — | — | 4.02% | -4.53% | -70.87% | |
| — | — | — | — | — | — | — | — | — | — | -$99.2M | -$88.1M | -$17.8M | $57M | -$55.6M | $71.6M | -$61.8M | — | |
| -$36.6M | $69M | -$33.8M | $45.9M | -$43.7M | $136.2M | $17.7M | -$26.3M | -$58.9M | $57.8M | -$33.4M | -$147.2M | -$15.3M | $58.1M | -$80.9M | $89.3M | -$69.3M | — | |
| USD/shares | -$0.13 | $0.16 | -$0.12 | $0.11 | $0.07 | $0.30 | $0.21 | $0.02 | -$0.21 | $0.70 | -$0.42 | -$0.38 | -$0.08 | $0.24 | -$0.24 | $0.32 | -$0.28 | -$4.22 |
| USD/shares | -$0.13 | $0.15 | -$0.12 | $0.11G | $0.07 | $0.29 | $0.21 | $0.02 | -$0.21 | $0.68 | -$0.42 | -$0.38 | -$0.08 | $0.24 | -$0.24 | $0.31 | -$0.28 | -$4.22 |
| shares | 229.5M | 222.5M | 222.6M | 224.6M | 230.9M | 228.7M | 229.4M | 228.1M | 227.1M | 229.9M | 234M | 232.7M | 234.2M | 235M | 230M | 224.4M | 218.9M | 215.6M |
| shares | 229.5M | 225.7M | 222.6M | 226.6M | 238.2M | 236.3M | 234.8M | 231.2M | 227.1M | 234.5M | 234M | 232.7M | 234.2M | 239.3M | 230M | 232.6M | 218.9M | 215.6M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2026: $908.1M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 15 similar-size Communication Equipment companies (of 38 listed).
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Network and Service Enablement | $1,182,900,000 | $776,600,000 | $702,000,000 | $801,200,000 | $949,100,000 | $837,900,000 | $849,400,000 | $841,200,000 |
| Optical Security and Performance Products Business Segment | $335,400,000 | $307,700,000 | $298,400,000 | $304,900,000 | $343,300,000 | $361,000,000 | $286,900,000 | $289,100,000 |
By Geography (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| United States | $577,900,000 | $356,000,000 | $325,400,000 | $362,900,000 | $388,900,000 | $330,000,000 | $341,600,000 | $342,100,000 |
| EMEA | $365,400,000 | $279,500,000 | $263,200,000 | $290,500,000 | — | — | — | — |
| China | $258,800,000 | $215,100,000 | $194,000,000 | $210,900,000 | $256,400,000 | $277,000,000 | $245,700,000 | $216,600,000 |
| Other Asia Pacific | $211,100,000 | $164,500,000 | $152,500,000 | $166,600,000 | $205,300,000 | $133,500,000 | $122,500,000 | $155,600,000 |
| Other Americas | $105,100,000 | $69,200,000 | $65,300,000 | $75,200,000 | $96,800,000 | $85,600,000 | $73,200,000 | $84,200,000 |
| Switzerland | — | — | — | — | $62,700,000 | $76,600,000 | $64,600,000 | $97,000,000 |
| Other EMEA | — | — | — | — | $282,300,000 | $296,200,000 | $288,700,000 | $234,800,000 |
By Product & Service (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Product | $1,324,600,000 | $912,000,000 | $834,800,000 | $936,100,000 | $1,135,500,000 | $1,051,400,000 | $1,005,200,000 | $1,004,200,000 |
| Service | $193,700,000 | $172,300,000 | $165,600,000 | $170,000,000 | $156,900,000 | $147,500,000 | $131,100,000 | $126,100,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Network and Service Enablement | $190,000,000 | $42,600,000 | $8,700,000 | $61,200,000 | $147,800,000 | $92,200,000 | $108,800,000 | $99,600,000 |
| Optical Security and Performance Products Business Segment | $122,900,000 | $112,600,000 | $107,300,000 | $111,300,000 | $139,000,000 | $161,300,000 | $102,100,000 | $98,000,000 |
Operating Margin by Segment (%)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Network and Service Enablement | 16.1% | 5.5% | 1.2% | 7.6% | 15.6% | 11% | 12.8% | 11.8% |
| Optical Security and Performance Products Business Segment | 36.6% | 36.6% | 36% | 36.5% | 40.5% | 44.7% | 35.6% | 33.9% |