Viavi Solutions Inc. (VIAV) financial statements: income statement, balance sheet and cash flow
Viavi Solutions Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 27, 2026 · FY), Viavi Solutions Inc. reported revenue of $1.5B (+40.0% year on year).
Income statement
Viavi Solutions Inc. income statement, fiscal years
Line item
Jun 27, 2026 · FY
Jun 28, 2025 · FY
Jun 29, 2024 · FY
Jul 1, 2023 · FY
Total net revenue
$1.5B
$1.1B
$1.0B
$1.1B
Cost of revenue
$597.5M
$443.7M
$410.7M
$442.7M
Amortization of acquired technologies
$45.4M
$19.5M
$13.8M
$24.6M
Total cost of revenues
$642.9M
$463.2M
$424.5M
$467.3M
Gross profit
$875.4M
$621.1M
$575.9M
$638.8M
Research and development
$262.7M
$208.7M
$201.9M
$206.9M
Selling, general and administrative
$469.2M
$349.4M
$333.3M
$328.7M
Amortization of other intangibles
$22.5M
$4.8M
$6.3M
$8.7M
Restructuring and related charges
$15.9M
$700.0K
$13.6M
$12.1M
Total operating expenses
$770.3M
$563.6M
$555.1M
$556.4M
Income from operations
$105.1M
$57.5M
$20.8M
$82.4M
Loss on debt extinguishment (Note 11)
($56.7M)
—
—
—
Interest and other income, net
$15.3M
$11.1M
$21.7M
$7.6M
Interest expense
($47.4M)
($30.0M)
($30.9M)
($27.1M)
Income before income taxes and equity investment earnings
$16.3M
$38.6M
—
—
Provision for income taxes
$47.5M
$4.4M
$37.4M
$35.2M
Equity investment earnings
$800.0K
$600.0K
—
—
Net (loss) income
($30.4M)
$34.8M
($25.8M)
$25.5M
Basic (usd per share)
-$0.13
$0.16
-$0.12
$0.11
Diluted (usd per share)
-$0.13
$0.15
-$0.12
$0.11
Basic (in shares)
229.5M
222.5M
222.6M
224.6M
Diluted (in shares)
229.5M
225.7M
222.6M
226.6M
Viavi Solutions Inc. income statement, quarters
Line item
Mar 28, 2026 · Q3
Dec 27, 2025 · Q2
Sep 27, 2025 · Q1
Mar 29, 2025 · Q3
Total net revenue
$406.8M
$369.3M
$299.1M
$284.8M
Cost of revenues:
$159.7M
$146.2M
$123.2M
$118.0M
Amortization of acquired technologies
$13.0M
$12.5M
$6.9M
$6.1M
Total cost of revenues
$172.7M
$158.7M
$130.1M
$124.1M
Gross profit
$234.1M
$210.6M
$169.0M
$160.7M
Research and development
$71.0M
$65.9M
$56.0M
$50.0M
Selling, general and administrative
$113.6M
$127.1M
$104.2M
$101.3M
Amortization of other intangibles
$7.4M
$6.3M
$1.5M
$1.2M
Restructuring and related charges (benefits)
$17.3M
($100.0K)
($300.0K)
($300.0K)
Total operating expenses
$209.3M
$199.2M
$161.4M
$152.2M
Income from operations
$24.8M
$11.4M
$7.6M
$8.5M
Loss on debt extinguishment (Note 11)
($3.7M)
($38.7M)
($3.8M)
—
Interest and other income, net
$7.0M
$3.9M
$1.3M
$2.2M
Interest expense
($14.3M)
($15.3M)
($7.4M)
($7.5M)
Income (loss) before income taxes and equity investment earnings
$13.8M
($38.7M)
($2.3M)
—
Provision for (benefit from) income taxes
$7.4M
$9.7M
$19.0M
($16.3M)
Equity investment earnings
$0
$300.0K
($100.0K)
—
Net income (loss)
$6.4M
($48.1M)
($21.4M)
$19.5M
Basic (in dollars per share)
$0.03
-$0.21
-$0.10
$0.09
Diluted (in dollars per share)
$0.03
-$0.21
-$0.10
$0.09
Basic (in shares)
232.0M
223.9M
222.9M
222.6M
Diluted (in shares)
249.5M
223.9M
222.9M
226.9M
Balance sheet
Viavi Solutions Inc. balance sheet, fiscal years
Line item
Jun 27, 2026 · FY
Jun 28, 2025 · FY
Jun 29, 2024 · FY
Jul 1, 2023 · FY
Cash and cash equivalents
$647.8M
$423.6M
$471.3M
$506.5M
Short-term investments
$2.0M
$1.7M
$19.9M
$14.6M
Restricted cash
$6.9M
$3.7M
$5.0M
$4.5M
Accounts receivable, net
$351.3M
$261.0M
$213.1M
$231.2M
Inventories, net
$155.3M
$117.9M
$96.5M
$116.1M
Prepayments and other current assets
$93.2M
$77.3M
$70.7M
$72.1M
Total current assets
$1.3B
$885.2M
$876.5M
$945.0M
Property, plant and equipment, net
$224.5M
$231.9M
$228.2M
$243.0M
Goodwill, net
$700.7M
$595.7M
$452.9M
$455.2M
Intangibles, net
$377.6M
$131.6M
$38.2M
$58.6M
Deferred income taxes
$74.5M
$87.2M
$82.5M
$87.0M
Other non-current assets
$71.8M
$62.2M
$58.0M
$61.7M
Total assets
$2.7B
$2.0B
$1.7B
$1.9B
Accounts payable
$92.2M
$68.8M
$50.4M
$47.2M
Accrued payroll and related expenses
$98.4M
$63.6M
$48.2M
$50.5M
Deferred revenue
$101.9M
$74.1M
$65.7M
$78.6M
Accrued expenses
$27.3M
$28.7M
$25.3M
$21.2M
Short-term debt
$244.8M
$246.2M
$0
$96.2M
Other current liabilities
$115.9M
$108.3M
$57.5M
$49.8M
Total current liabilities
$680.5M
$589.7M
$247.1M
$343.5M
Long-term debt
$397.1M
$396.3M
$636.0M
$629.5M
Other non-current liabilities
$179.5M
$227.6M
$171.6M
$186.7M
Total liabilities
$1.3B
$1.2B
—
—
Preferred stock, $0.001 par value; 1 million shares authorized, no shares issued or outstanding at June 27, 2026 and June 28, 2025
0
0
0
0
Common stock, $0.001 par value; 1 billion shares authorized; 247 million shares at June 27, 2026 and 223 million shares at June 28, 2025, issued and outstanding
200.0K
200.0K
200.0K
200.0K
Additional paid-in capital
$71.3B
$70.5B
$70.5B
$70.4B
Accumulated deficit
($69.7B)
($69.6B)
($69.6B)
($69.6B)
Accumulated other comprehensive loss
($116.0M)
($109.8M)
($144.0M)
($136.0M)
Total stockholders’ equity
$1.4B
$780.2M
$681.6M
$690.8M
Total liabilities and stockholders’ equity
$2.7B
$2.0B
$1.7B
$1.9B
Viavi Solutions Inc. balance sheet, quarters
Line item
Mar 28, 2026
Dec 27, 2025
Sep 27, 2025
Mar 29, 2025
Cash and cash equivalents
$499.0M
$765.5M
$543.8M
$374.2M
Short-term investments
$1.8M
$1.9M
$1.8M
$22.6M
Restricted cash
$7.2M
$4.7M
$3.5M
$3.4M
Accounts receivable, net
$320.3M
$284.6M
$242.0M
$252.8M
Inventories, net
$147.9M
$141.0M
$124.5M
$116.2M
Prepayments and other current assets
$77.5M
$80.9M
$74.7M
$66.2M
Total current assets
$1.1B
$1.3B
$990.3M
$835.4M
Property, plant and equipment, net
$222.5M
$227.4M
$230.3M
$228.1M
Goodwill, net
$701.8M
$704.4M
$592.3M
$585.4M
Intangibles, net
$398.0M
$418.6M
$123.2M
$139.7M
Deferred income taxes
$79.7M
$78.5M
$77.4M
$83.8M
Other non-current assets
$72.1M
$70.3M
$68.6M
$60.8M
Total assets
$2.5B
$2.8B
$2.1B
$1.9B
Accounts payable
$81.7M
$91.4M
$66.6M
$67.2M
Accrued payroll and related expenses
$72.8M
$80.1M
$54.4M
$55.6M
Deferred revenue
$85.2M
$83.6M
$64.2M
$64.5M
Accrued expenses
$27.8M
$24.5M
$29.9M
$25.7M
Short-term debt
$244.5M
$53.4M
$151.1M
$244.8M
Other current liabilities
$140.5M
$156.6M
$131.3M
$86.9M
Total current liabilities
$652.5M
$489.6M
$497.5M
$544.7M
Long-term debt
$836.3M
$1.2B
$640.5M
$396.1M
Other non-current liabilities
$192.5M
$232.2M
$220.2M
$263.6M
Total liabilities
$1.7B
$1.9B
$1.4B
$1.2B
Preferred stock, $0.001 par value; 1 million shares authorized, no shares issued or outstanding at March 28, 2026 and June 28, 2025
0
0
0
0
Common stock, $0.001 par value; 1 billion shares authorized; 234 million shares at March 28, 2026 and 223 million shares at June 28, 2025, issued and outstanding
200.0K
200.0K
200.0K
200.0K
Additional paid-in capital
$70.7B
$70.7B
$70.5B
$70.5B
Accumulated deficit
($69.7B)
($69.7B)
($69.7B)
($69.6B)
Accumulated other comprehensive loss
($116.0M)
($108.5M)
($114.3M)
($140.9M)
Total stockholders’ equity
$846.5M
$834.3M
$723.9M
$728.8M
Total liabilities and stockholders’ equity
$2.5B
$2.8B
$2.1B
$1.9B
Cash flow statement
Viavi Solutions Inc. cash flow statement, fiscal years
Line item
Jun 27, 2026 · FY
Jun 28, 2025 · FY
Jun 29, 2024 · FY
Jul 1, 2023 · FY
Net (loss) income
($30.4M)
$34.8M
($25.8M)
$25.5M
Depreciation expense
$40.4M
$38.4M
$38.6M
$36.2M
Amortization of acquired technologies and other intangibles
$67.9M
$24.3M
$20.1M
$33.3M
Stock-based compensation
$55.4M
$53.1M
$49.4M
$51.2M
Amortization of debt issuance costs and accretion of debt discount
$5.8M
$7.3M
$7.5M
$4.2M
Net change in fair value of contingent liabilities
$33.0M
($8.3M)
($9.5M)
($4.6M)
Loss on debt extinguishment
$56.7M
—
—
—
Deferred taxes, net
$10.6M
($28.4M)
$300.0K
$4.8M
Amortization of acquisition related inventory step-up
$6.1M
$4.3M
—
—
Restructuring
$15.9M
$700.0K
$13.6M
$12.1M
Other
$9.0M
($6.2M)
$5.5M
$4.7M
Accounts receivable
($94.9M)
($34.1M)
$13.9M
$37.4M
Inventories
($49.0M)
($7.5M)
$10.5M
($10.7M)
Other current and non-currents assets
($21.7M)
($4.0M)
($2.1M)
$10.3M
Accounts payable
$24.0M
$14.6M
$3.2M
($9.4M)
Income taxes payable
$2.7M
($6.3M)
$1.6M
($2.0M)
Deferred revenue, current and non-current
$7.9M
$7.9M
($8.8M)
($2.1M)
Accrued payroll and related expenses
$34.9M
$12.7M
($4.6M)
($25.8M)
Accrued expenses and other current and non-current liabilities
($60.4M)
($13.5M)
$3.0M
($47.4M)
Net cash provided by operating activities
$113.9M
$89.8M
$116.4M
$114.1M
Purchases of short-term investments
($125.0M)
($148.8M)
($225.1M)
($13.1M)
Maturities of short-term investments
$125.3M
$167.7M
$219.6M
—
Acquisitions, net of cash acquired and holdbacks
($399.3M)
($120.9M)
$0
($67.3M)
Purchase price adjustment related to business acquisition
($700.0K)
($700.0K)
$0
($700.0K)
Capital expenditures
($31.1M)
($27.8M)
($19.5M)
($51.1M)
Proceeds from the sale of assets
$4.0M
$5.1M
$3.4M
$5.1M
Other investing activities
$0
($3.0M)
—
—
Net cash used in investing activities
($426.8M)
($128.4M)
($21.6M)
($127.1M)
Proceeds from issuance of debt
$749.1M
$0
$0
$118.0M
Proceeds from issuance of common stock - public offering
$575.0M
—
—
—
Repayment of debt
($649.0M)
—
—
—
Payment of debt and equity issuance costs
($40.7M)
$0
$0
($4.2M)
Repurchase and retirement of common stock
($30.0M)
($16.4M)
($20.0M)
($83.9M)
Payment of financing obligations
($300.0K)
($200.0K)
($200.0K)
($100.0K)
Cash paid to third parties in convertible note extinguishment
($1.0M)
—
—
—
Proceeds from exercise of employee stock purchase plan
$6.5M
$6.0M
$6.3M
$7.9M
Withholding tax payment on vesting of restricted stock awards and performance-based awards
($24.9M)
($13.2M)
($11.1M)
($11.8M)
Payment of acquisition related contingent consideration and obligations
($43.7M)
$0
($4.3M)
($7.8M)
Other financing activities
$0
$200.0K
—
—
Net cash provided by (used in) financing activities
$541.0M
($23.6M)
($125.7M)
($50.0M)
Effect of exchange rates on cash, cash equivalents and restricted cash
($400.0K)
$12.5M
($2.9M)
$5.8M
Net increase (decrease) in cash, cash equivalents and restricted cash
$227.7M
($49.7M)
($33.8M)
($57.2M)
Cash, cash equivalents and restricted cash at beginning of period
$432.1M
$481.8M
$515.6M
$572.8M
Cash, cash equivalents and restricted cash at end of period
$659.8M
$432.1M
$481.8M
$515.6M
Cash paid for interest
$38.7M
$22.9M
$23.9M
$22.0M
Viavi Solutions Inc. cash flow statement, quarters
Line item
Mar 28, 2026 · YTD
Dec 27, 2025 · YTD
Sep 27, 2025 · Q1
Mar 29, 2025 · YTD
Net income (loss)
($63.1M)
($69.5M)
($21.4M)
$26.8M
Depreciation expense
$30.1M
$19.8M
$9.8M
$28.8M
Amortization of acquired technologies and other intangibles
$47.6M
$27.2M
$8.4M
$16.0M
Stock-based compensation
$41.2M
$27.3M
$13.4M
$40.5M
Loss on debt extinguishment
$46.2M
$42.5M
$3.8M
—
Amortization of debt issuance costs
$4.9M
$3.6M
$1.7M
$5.5M
Net change in fair value of contingent liabilities
$24.3M
$21.7M
$10.9M
($4.9M)
Deferred taxes, net
$9.5M
$11.3M
$10.7M
($29.9M)
Amortization of inventory step-up
$6.1M
$5.2M
$2.6M
$1.7M
Restructuring
$16.9M
($400.0K)
($300.0K)
$900.0K
Other
$6.9M
$4.7M
$1.3M
($4.6M)
Accounts receivable
($62.5M)
($24.1M)
$17.4M
($31.9M)
Inventories
($37.3M)
($24.7M)
($11.6M)
($300.0K)
Other current and non-current assets
($5.7M)
($5.3M)
($500.0K)
($1.5M)
Accounts payable
$13.4M
$23.9M
($500.0K)
$15.7M
Income taxes payable
$3.4M
$1.9M
$800.0K
$5.6M
Deferred revenue, current and non-current
($13.2M)
($17.0M)
($10.7M)
($900.0K)
Accrued payroll and related expenses
$9.1M
$15.8M
($9.1M)
$6.8M
Accrued expenses and other current and non-current liabilities
($30.6M)
$9.6M
$4.3M
($8.3M)
Net cash provided by operating activities
$47.2M
$73.5M
$31.0M
$66.0M
Purchases of short-term investments
($64.6M)
($900.0K)
($900.0K)
($147.7M)
Maturities of short-term investments
$64.7M
$900.0K
$900.0K
$145.5M
Capital expenditures
($20.0M)
($14.1M)
($8.5M)
($22.3M)
Proceeds from the sale of assets
$2.6M
$1.5M
$900.0K
$4.7M
Acquisitions, net of acquired cash and holdbacks
($399.3M)
($399.3M)
—
—
Purchase price adjustment related to business acquisition
($700.0K)
($700.0K)
($700.0K)
—
Other investing activities
$0
$0
$0
($3.0M)
Net cash used in investing activities
($417.3M)
($412.6M)
($8.3M)
($140.7M)
Proceeds from issuance of debt
$749.1M
$749.1M
$149.1M
—
Repayment of debt
($199.0M)
—
—
$0
Payment of debt issuance costs
($23.4M)
($22.6M)
($7.8M)
—
Repurchase and retirement of common stock
($30.0M)
($30.0M)
($30.0M)
($16.4M)
Withholding tax payment on vesting of restricted stock and performance- based awards
($23.0M)
($18.5M)
($16.2M)
($13.1M)
Payment for Debt Extinguishment or Debt Prepayment Cost
($1.0M)
—
—
—
Payment of financing obligations
($200.0K)
($100.0K)
($100.0K)
($200.0K)
Proceeds from employee stock purchase plan
$6.5M
$2.7M
$2.7M
$6.0M
Payment of acquisition related contingent consideration
($29.8M)
—
—
$0
Other financing activities
$0
$0
—
$200.0K
Net cash provided by (used in) financing activities
$449.2M
$680.6M
$97.7M
($23.5M)
Effect of exchange rates on cash, cash equivalents and restricted cash
$100.0K
$2.5M
($400.0K)
($900.0K)
Net increase (decrease) in cash, cash equivalents and restricted cash
$79.2M
$344.0M
$120.0M
($99.1M)
Cash, cash equivalents and restricted cash at the beginning of the period
$432.1M
$432.1M
$432.1M
$481.8M
Cash, cash equivalents and restricted cash at the end of the period