InsiderClue
Stocks · Technology · Semiconductors & Related Devices

VIAVI SOLUTIONS INC.

VIAV Clue Score35
United States Fiscal year ends June CIK 0000912093
$45.46 +3.11% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $45.46 +198.10% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue805.0Operating income7.0Net income160.2EPS, diluted0.68Fiscal year 2018Revenue875.7 +8.8%Operating income1.9Net income−48.6 −130.3%EPS, diluted−0.21 −130.9%Fiscal year 2019Revenue1,130.3 +29.1%Operating income67.4Net income5.4EPS, diluted0.02Fiscal year 2020Revenue1,136.3 +0.5%Operating income118.1Net income49.0 +807.4%EPS, diluted0.21 +950.0%Fiscal year 2021Revenue1,198.9 +5.5%Operating income142.2Net income67.5 +37.8%EPS, diluted0.29 +38.1%Fiscal year 2022Revenue1,292.4 +7.8%Operating income185.0Net income15.5 −77.0%EPS, diluted0.07 −75.9%Fiscal year 2023Revenue1,106.1 −14.4%Operating income82.4Net income25.5 +64.5%EPS, diluted0.11 +57.1%Fiscal year 2024Revenue1,000.4 −9.6%Operating income20.8Net income−25.8 −201.2%EPS, diluted−0.12 −209.1%Fiscal year 2025Revenue1,084.3 +8.4%Operating income57.5Net income34.8EPS, diluted0.15Fiscal year 2026Revenue1,518.3 +40.0%Operating income105.1Net income−30.4 −187.4%EPS, diluted−0.13 −186.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 805.0 875.7 1,130.3 1,136.3 1,198.9 1,292.4 1,106.1 1,000.4 1,084.3 1,518.3
Growth +8.8% +29.1% +0.5% +5.5% +7.8% −14.4% −9.6% +8.4% +40.0%
Operating income 7.0 1.9 67.4 118.1 142.2 185.0 82.4 20.8 57.5 105.1
Net income 160.2 −48.6 5.4 49.0 67.5 15.5 25.5 −25.8 34.8 −30.4
Growth −130.3% +807.4% +37.8% −77.0% +64.5% −201.2% −187.4%
EPS, diluted 0.68 −0.21 0.02 0.21 0.29 0.07 0.11 −0.12 0.15 −0.13
Growth −130.9% +950.0% +38.1% −75.9% +57.1% −209.1% −186.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin59.5%Operating margin0.9%Net margin19.9%Free cash flow margin6.9%Fiscal year 2018Gross margin55.8%Operating margin0.2%Net margin−5.5%Free cash flow margin2.7%Fiscal year 2019Gross margin57.6%Operating margin6.0%Net margin0.5%Free cash flow margin8.3%Fiscal year 2020Gross margin58.5%Operating margin10.4%Net margin4.3%Free cash flow margin9.1%Fiscal year 2021Gross margin59.6%Operating margin11.9%Net margin5.6%Free cash flow margin15.9%Fiscal year 2022Gross margin59.8%Operating margin14.3%Net margin1.2%Free cash flow margin8.2%Fiscal year 2023Gross margin57.8%Operating margin7.4%Net margin2.3%Free cash flow margin5.7%Fiscal year 2024Gross margin57.6%Operating margin2.1%Net margin−2.6%Free cash flow margin9.7%Fiscal year 2025Gross margin57.3%Operating margin5.3%Net margin3.2%Free cash flow margin5.7%Fiscal year 2026Gross margin57.7%Operating margin6.9%Net margin−2.0%Free cash flow margin5.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 59.5% 55.8% 57.6% 58.5% 59.6% 59.8% 57.8% 57.6% 57.3% 57.7%
Operating margin 0.9% 0.2% 6.0% 10.4% 11.9% 14.3% 7.4% 2.1% 5.3% 6.9%
Net margin 19.9% −5.5% 0.5% 4.3% 5.6% 1.2% 2.3% −2.6% 3.2% −2.0%
Free cash flow margin 6.9% 2.7% 8.3% 9.1% 15.9% 8.2% 5.7% 9.7% 5.7% 5.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow94.3Capital expenditure−38.6Free cash flow55.7Buybacks−92.0Fiscal year 2018Operating cash flow66.0Capital expenditure−42.5Free cash flow23.5 −57.8%Buybacks−40.8Fiscal year 2019Operating cash flow138.8Capital expenditure−45.0Free cash flow93.8 +299.1%Buybacks−11.2Fiscal year 2020Operating cash flow135.6Capital expenditure−31.9Free cash flow103.7 +10.6%Buybacks−44.4Fiscal year 2021Operating cash flow243.3Capital expenditure−52.1Free cash flow191.2 +84.4%Buybacks−42.2Fiscal year 2022Operating cash flow178.1Capital expenditure−72.5Free cash flow105.6 −44.8%Buybacks−235.9Fiscal year 2023Operating cash flow114.1Capital expenditure−51.1Free cash flow63.0 −40.3%Buybacks−83.9Fiscal year 2024Operating cash flow116.4Capital expenditure−19.5Free cash flow96.9 +53.8%Buybacks−20.0Fiscal year 2025Operating cash flow89.8Capital expenditure−27.8Free cash flow62.0 −36.0%Buybacks−16.4Fiscal year 2026Operating cash flow113.9Capital expenditure−31.1Free cash flow82.8 +33.5%Buybacks−30.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 94.3 66.0 138.8 135.6 243.3 178.1 114.1 116.4 89.8 113.9
Capital expenditure −38.6 −42.5 −45.0 −31.9 −52.1 −72.5 −51.1 −19.5 −27.8 −31.1
Free cash flow 55.7 23.5 93.8 103.7 191.2 105.6 63.0 96.9 62.0 82.8
Growth −57.8% +299.1% +10.6% +84.4% −44.8% −40.3% +53.8% −36.0% +33.5%
Buybacks −92.0 −40.8 −11.2 −44.4 −42.2 −235.9 −83.9 −20.0 −16.4 −30.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash1,004.4Shareholders’ equity803.5Fiscal year 2018Cash611.4Shareholders’ equity734.9Fiscal year 2019Cash521.5Shareholders’ equity627.3Fiscal year 2020Cash539.0Total debt681.9Net cash (debt)−142.9Shareholders’ equity633.2Debt to equity1.08Fiscal year 2021Cash697.8Total debt224.1Net cash (debt)473.7Shareholders’ equity763.9Debt to equity0.29Fiscal year 2022Cash559.9Total debt616.5Net cash (debt)−56.6Shareholders’ equity671.7Debt to equity0.92Fiscal year 2023Cash506.5Total debt629.5Net cash (debt)−123.0Shareholders’ equity690.8Debt to equity0.91Fiscal year 2024Cash471.3Total debt636.0Net cash (debt)−164.7Shareholders’ equity681.6Debt to equity0.93Fiscal year 2025Cash423.6Total debt396.3Net cash (debt)27.3Shareholders’ equity780.2Debt to equity0.51Fiscal year 2026Cash647.8Shareholders’ equity1,448.5
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 1,004.4 611.4 521.5 539.0 697.8 559.9 506.5 471.3 423.6 647.8
Total debt n/a n/a n/a 681.9 224.1 616.5 629.5 636.0 396.3 n/a
Net cash (debt) n/a n/a n/a −142.9 473.7 −56.6 −123.0 −164.7 27.3 n/a
Shareholders’ equity 803.5 734.9 627.3 633.2 763.9 671.7 690.8 681.6 780.2 1,448.5
Debt to equity n/a n/a n/a 1.08 0.29 0.92 0.91 0.93 0.51 n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending June, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 1 Jul 2017 FY2018 30 Jun 2018 FY2019 29 Jun 2019 FY2020 27 Jun 2020 FY2021 3 Jul 2021 FY2022 2 Jul 2022 FY2023 1 Jul 2023 FY2024 29 Jun 2024 FY2025 28 Jun 2025 FY2026 27 Jun 2026
Margins
59.5% 55.8% 57.6% 58.5% 59.6% 59.8% 57.8% 57.6% 57.3% 57.7%
0.9% 0.2% 6.0% 10.4% 11.9% 14.3% 7.4% 2.1% 5.3% 6.9%
22.4% −4.1% 3.5% 10.1% 10.9% 5.0% 5.5% 1.2% 3.6% 1.1%
19.9% −5.5% 0.5% 4.3% 5.6% 1.2% 2.3% −2.6% 3.2% −2.0%
6.9% 2.7% 8.3% 9.1% 15.9% 8.2% 5.7% 9.7% 5.7% 5.5%
Spending
16.9% 15.2% 16.5% 17.0% 16.9% 16.5% 18.7% 20.2% 19.2% 17.3%
37.3% 37.0% 30.4% 27.7% 28.2% 28.3% 29.7% 33.3% 32.2% 30.9%
4.8% 4.9% 4.0% 2.8% 4.3% 5.6% 4.6% 1.9% 2.6% 2.0%
11.9% n/a 80.2% 57.1% 48.4% 76.2% 58.0% 322.4% 11.4% 291.4%
Returns
19.9% −6.6% 0.9% 7.7% 8.8% 2.3% 3.7% −3.8% 4.5% −2.1%
7.6% −2.4% 0.3% 2.8% 3.4% 0.8% 1.4% −1.5% 1.7% −1.1%
Balance and payout
n/a n/a n/a 1.08 0.29 0.92 0.91 0.93 0.51 n/a
n/a n/a n/a n/a n/a n/a n/a 60.7% 60.9% 46.5%
165.2% 173.6% 11.9% 42.8% 22.1% 223.4% 133.2% 20.6% 26.5% 36.2%