Viavi Solutions Inc. logo VIAV - Viavi Solutions Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 15
HOLD 3
SELL 1
STRONG
SELL
0
| PRICE TARGET: $32.25 DETAILS
HIGH: $50.00
LOW: $24.00
MEDIAN: $27.50
CONSENSUS: $32.25
DOWNSIDE: 34.86%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 1,084.3 1,000.4 1,106.1 1,292.4 1,198.9 1,136.3 1,130.3 875.7 811.4 906.3 873.9 1,743.2 1,676.9 1,682.1 1,804.5 1,363.9 1,294.4 1,530.1 1,396.8 1,204.3 712.2 635.9 675.9 1,098.2 3,232.8 1,430.4 282.8 185.2 113.2 69.1 42.3 32.9 27.3
Cost of Revenue 468 430.8 476 528.6 517.8 506.1 517 408.3 339.4 371.2 373.3 974.7 995 1,001 1,045.8 844.6 824.4 964.8 951.6 888.2 606.4 490.1 620.5 1,171.1 2,306.7 697.8 123.7 91.6 57 34.2 22.9 19.1 17
Gross Profit 616.3 569.6 630.1 763.8 681.1 630.2 613.3 467.4 472 535.1 500.6 768.5 681.9 681.1 758.7 519.3 470 565.3 445.2 316.1 105.8 145.8 55.4 (72.9) 926.1 732.6 159.1 93.6 56.2 34.9 19.4 13.8 10.3
Operating Expenses
R&D Expenses 208.7 201.9 206.9 213.2 203 193.6 187 133.3 136.3 166.4 173.3 293.9 258.5 246 239.9 174.9 170.1 188.1 168.4 133.3 93.7 99.5 153.7 254.8 325.9 113.4 27 14.8 9.9 5.8 0 0 0
SG&A Expenses 336.7 324.7 324.1 365.4 342.2 346.5 349.4 323.9 300.5 351.1 376.3 450.4 427.5 429 437.1 382.9 404.6 455.8 368.4 325.3 157.3 144.7 267.3 382.9 818.1 172.9 37.4 39.9 24 19.9 12.2 10 10.8
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 67.8 413.4 7,288.1 55,472 950.7 30.7 10.1 4.8 (3.7) 1.2 0.9 0.9
Operating Expenses 545.4 526.6 531 578.6 545.2 540.1 536.4 457.2 436.8 517.5 549.6 744.3 686 675 677 557.8 574.7 643.9 536.8 458.6 251 312 834.4 7,925.8 56,616 1,237 95.1 64.8 38.7 22 13.4 10.9 11.7
Operating Income
Operating Income 70.9 43 99.1 185.2 135.9 90.1 76.9 10.2 35.2 17.6 (49) 24.2 (4.1) 6.1 81.7 (38.5) (104.7) (78.6) (91.6) (142.5) (145.2) (180.3) (900.7) (8,284) (56,347.4) (504.4) 64 28.8 17.5 12.9 6 2.9 (1.4)
Interest Expense 30 30.9 27.1 23.3 14.7 33.7 34.3 47.3 43.2 35.7 33.3 28.4 17.9 27.3 25.4 24.3 7.7 8.8 7.1 0 8.9 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 13.1 18.9 10.2 3.4 2.9 7.1 8.1 16 11.1 5.9 3.7 3.7 2.7 3.5 3.9 6.3 18.9 48.1 57.6 27.7 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 133.6 101.2 157.3 163.8 247.8 235.5 185.8 95 287.5 59.8 60.2 129 115.6 141.5 224.2 103.8 (716.6) 134 111.2 (69.8) (197.8) (108.5) (648.9) (6,228.5) (50,094.9) 446.3 94.7 38.9 22.3 15 7.2 3.8 (0.5)
EBIT 70.9 42.5 87.8 88.4 145.5 127.7 73.6 11.6 229.8 (10.2) (72) (2.5) (29) (16.3) 71 (32.9) (861) (10.5) (17.2) (151.6) (245.7) (166.2) (779) (7,998.7) (55,689.9) (504.4) 64 28.8 17.5 12.9 6 2.9 (1.4)
Income Before Tax 39.2 11.6 60.7 65.1 130.8 94 39.3 (35.7) 186.6 (45.9) (105.3) (30.9) (46.9) (43.6) 45.6 (57.2) (868.7) (19.3) (24.3) (151.6) (254.6) (128.4) (920.3) (8,501) (56,493.8) (829.8) (149.6) (8.2) (12.4) 6.8 1.1 3.4 (1.2)
Income Tax Expense 4.4 37.4 35.2 49.6 63.3 65.3 31.5 12.9 21.3 4.5 26.1 (13.1) (103.9) 12 (26) 2.5 (2.3) 2.4 2 (0.4) 6.7 (15.8) 13.5 237.3 (371.9) 74.9 21.5 11.4 5.4 4 0.4 1.2 (0.4)
Net Income 34.8 (25.8) 25.5 15.5 67.5 28.7 5.4 (48.6) 166.9 (99.2) (88.1) (17.8) 57 (55.6) 71.6 (61.8) (866.4) (21.7) (26.3) (151.2) (261.3) (115.5) (933.8) (8,738.3) (56,121.9) (904.7) (171.1) (19.6) (17.8) 2.8 0.7 2.2 (0.8)
Per Share Data
EPS (Basic) 0.16 -0.12 0.11 0.07 0.30 0.13 0.03 -0.20 0.73 -0.43 -0.37 -0.08 0.24 -0.25 0.32 -0.28 -4.02 -0.10 -0.12 -0.73 -1.45 -0.64 -5.26 -52.00 -411.19 -10.18 -2.15 -2.32 -0.68 0.16 0.08 0.16 -0.08
EPS (Diluted) 0.15 -0.12 0.11 0.07 0.29 0.12 0.03 -0.20 0.71 -0.42 -0.37 -0.08 0.24 -0.25 0.31 -0.28 -4.02 -0.10 -0.12 -0.73 -1.45 -0.64 -5.26 -52.00 -411.19 -10.18 -2.15 -2.32 -0.68 0.16 0.08 0.16 -0.08
Shares Outstanding 222.5 222.6 224.6 230.9 228.7 229.4 228.1 227.1 229.9 229.1 230.5 233.1 235 230 224.4 218.9 215.6 223.8 211.7 206.2 180.2 180.5 177.5 168.0 136.5 88.9 79.6 35 27.8 23.8 16.9 13.8 10
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 423.6 471.3 506.5 559.9 697.8 542.5 521.5 611.4 1,004.4 482.9 286.9 265.6 327.5 241.9 412.4 762.8 319 75.4 39.8 29.2 52.5 2.9 3 2
Short-Term Investments 1.7 19.9 14.6 1.4 1.6 1.5 1.5 169.3 432.2 484.7 398.3 608 1,221.2 992.2 1,038 1,049.4 795.3 158.5 0 0 0 0 0 0
Net Receivables 293.2 244.9 263.9 285.8 275.6 260.7 237.7 218.6 120.4 148.4 187.3 305.5 112.7 97.5 134.4 508.8 381.6 120.9 40.4 20.3 16.7 8.8 4.3 3.7
Inventory 117.9 96.5 116.1 110.1 94.9 83.3 102.7 92.3 48 51.4 144.8 188.9 125 84.1 110 287.6 375.4 87.9 20.8 18.7 10.6 5.5 3.4 2.6
Other Current Assets 21.1 19.7 17.6 20.1 18.7 14.7 39.2 52.6 53.7 33.9 90.9 68.9 79.6 98.9 162.5 427.7 101.6 20.9 64 65.5 47.2 7 12.6 1.2
Total Current Assets 885.2 876.5 945 1,005.1 1,112.1 913.6 916.8 1,152.6 1,667 1,211.7 1,108.2 1,429.1 1,866 1,514.6 1,857.3 3,036.3 1,972.9 463.6 165 133.7 127 24.2 23.3 9.5
Non-Current Assets
Property, Plant & Equipment 266 264 243 228.9 196 172.5 179.9 170.5 136.9 133 191.1 213.2 195.6 283.4 491.5 1,173 670.7 181.1 56.5 31.3 20.3 3.5 2.3 2
Goodwill 595.7 452.9 455.2 387.6 396.5 381.4 381.1 336.3 151.6 152.1 8.3 796.2 0 0 0 7,045.6 0 0 0 0 0 0 0 0
Intangible Assets 131.6 38.6 58.6 54.2 88 148.1 211.6 235.1 31.1 59.9 322.6 416.1 286.2 254.4 509.7 0 22,337.8 3,444.2 23.4 11 8.9 3.2 0 0
Long-Term Investments 3 0 4.9 9.9 0 0.5 0.6 0.7 5.1 4.5 15.1 25.6 42.4 47.5 95.6 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 25.1 22.2 56.8 55.9 59.5 54.8 16.7 12.9 9.3 13.1 18.3 22.3 4.3 10.3 6.5 184.2 1,407.7 7.2 24.4 1.6 17.6 1 0.6 0.3
Total Non-Current Assets 1,108.6 860.2 905.5 822.8 849.3 862.7 898.3 870 443.5 471.4 561.6 1,477 555.5 623.2 1,147.2 9,209.1 24,416.2 3,632.5 104.3 43.9 46.8 7.7 2.9 2.3
Total Assets 1,993.8 1,736.3 1,850.5 1,827.9 1,961.4 1,776.3 1,815.1 2,022.6 2,110.5 1,683.1 1,669.8 2,906.1 2,421.5 2,137.8 3,004.5 12,245.4 26,389.1 4,096.1 269.3 177.6 173.8 31.9 26.2 11.8
Current Liabilities
Account Payables 68.8 50.4 47.2 58.3 63.2 53 63.4 55.5 32.6 47 106.6 129.6 74.1 48.6 66.2 190.6 195.2 38.1 15.8 4.8 5.4 2.2 1.2 1.3
Short-Term Debt 246.2 0 96.2 68.4 456.6 14.6 1.3 275.3 0 0 0.2 83 0 0 1.3 0 15.1 0 0 6.1 0.5 0 0.1 0.1
Deferred Revenue 74.1 65.7 78.6 81 70.1 55.1 55.3 71.9 60.2 78.6 95.5 75.1 0 0 241.8 0 0 0 0 0 0 0 0 0
Other Current Liabilities 69.4 15.8 56.5 16.1 10.9 48 152.1 162.6 51.7 20.7 100.2 124.3 164.3 327 175.4 419.7 436.9 110.7 30 14.4 7.7 4.7 3 3.1
Total Current Liabilities 589.7 247.1 343.5 369.3 747.4 232.8 284 561.2 228.8 226.4 309.9 445.4 350.3 422.8 482.5 848.5 647.2 148.8 45.8 25.3 13.6 6.9 4.3 4.5
Non-Current Liabilities
Long-Term Debt 396.3 636 629.5 616.5 224.1 600.9 578.8 557.9 931.4 583.3 325 425 464.7 0 0 12.8 41 0 0 0 6.1 0 0 0.1
Deferred Tax Liabilities 6 11.7 13.9 9.5 24.3 23.9 14.6 20.1 (14) (22.7) 5.6 0.4 27 27.6 41.7 672.4 902.1 318.2 0 0 0.7 0 0.6 0.5
Other Non-Current Liabilities 153.8 92.8 104.2 92 135 143 173.2 154 120.3 127.7 161.8 164.6 21.1 16.3 42.9 5.2 20.2 9.9 5.6 2.5 0.2 0.2 0 0
Total Non-Current Liabilities 623.9 807.6 816.2 786.9 450.1 832.1 805.3 740.7 1,095.3 767.4 499.3 643.3 500.1 43.9 50.6 690.4 963.3 328.1 5.6 2.5 7 0.2 0.6 0.6
Total Liabilities 1,213.6 1,054.7 1,159.7 1,156.2 1,197.5 1,064.9 1,089.3 1,301.9 1,324.1 993.8 809.2 1,088.7 850.4 466.7 533.1 1,538.9 1,610.5 476.9 51.4 27.8 20.6 7.1 4.9 5.1
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 1.4 1.4 1.4 1.3 0.9 0.2 0 0 0 0 0 0
Retained Earnings (69,628.1) (69,646.5) (69,600.7) (69,542.3) (69,322.3) (69,397.2) (69,384.5) (69,393.3) (69,305.8) (69,380.7) (68,537.6) (67,585.7) (67,012) (66,896.5) (65,962.7) (57,224.4) (1,102.5) (197.8) (88.2) (7.1) 11.8 9 8.2 6
Accumulated Other Comprehensive Income (109.8) (144) (136) (156.4) (97.2) (165.9) (134.6) (102.4) (92.4) 10 22.6 77.9 4.6 8.9 33.7 (117.2) (17.2) (5.7) (17.6) (11.7) (5.7) (4.9) (4.2) (3.4)
Total Stockholders' Equity 780.2 681.6 690.8 671.7 763.9 711.4 725.8 720.7 786.4 689.3 860.6 1,817.4 1,571.1 1,671.1 2,471.4 10,706.5 24,778.6 3,619.2 217.9 149.8 153.2 24.8 21.3 6.7
Total Liabilities & Equity 1,993.8 1,736.3 1,850.5 1,827.9 1,961.4 1,776.3 1,815.1 2,022.6 2,110.5 1,683.1 1,669.8 2,906.1 2,421.5 2,137.8 3,004.5 12,245.4 26,389.1 4,096.1 269.3 177.6 173.8 31.9 26.2 11.8
Debt Metrics
Total Debt 692.3 687.2 781 744.5 739.2 659.8 578.8 833.2 931.4 588.3 325.2 508 464.7 0 6.8 12.8 56.1 0 0 6.1 6.6 0 0.1 0.2
Net Debt 268.7 215.9 274.5 184.6 41.4 117.3 57.3 221.8 (73) 105.4 38.3 242.4 137.2 (241.9) (405.6) (750) (262.9) (75.4) (39.8) (23.1) (45.9) (2.9) (2.9) (1.8)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 34.8 (25.8) 25.5 15.5 67.5 28.7 5.4 (46) 166.9 (99.2) (261.3) (115.5) (933.8) (8,738.3) (56,121.9) (904.7) (171.1) (81.1) (18.9) 2.8 0.7 2.2 (0.8)
Depreciation & Amortization 62.7 58.7 69.5 75.4 102.3 107.8 112.2 83.4 57.7 70.6 62 57.7 130.1 1,770.2 5,595 950.7 30.7 10.1 4.7 2.1 1.2 0.9 0.9
Stock-Based Compensation 53.1 49.4 51.2 52.3 48.3 44.6 38.2 30.5 33.2 44 0.7 1.8 50.9 124.9 0 0 0 0 0 0 0 0 0
Change in Working Capital (58.6) 17 (44.9) (74) 24.7 (42) (40.8) (47.9) (21.7) (15.5) (82.1) (113.4) 32.2 252.2 229.3 (47.2) (11.2) 11.8 1.1 (3.6) (1.7) (1.5) 0.5
Other Non-Cash Items (2.2) 16.8 8 119.4 (0.1) (3.6) 21.9 52.3 (157.6) 52.4 139.5 36 439.5 6,335.9 50,949.1 361.2 213.4 (0.1) 36.2 7.5 4.3 0 (0.1)
Operating Cash Flow 89.8 116.4 114.1 178.1 243.3 135.6 138.8 66 80 52.9 (140.9) (135.2) (220) 85.7 53.2 281.1 66.9 50 21.5 7.8 3.2 1.8 0.1
Investing Activities
Capital Expenditure (27.8) (19.5) (51.1) (72.5) (52.1) (31.9) (45) (42.5) (38.6) (35.5) (35.8) (66.4) (47.2) (132.5) (732.5) (280) (46.6) (35.4) (57.9) (17.6) (11.2) (1.1) (0.7)
Acquisitions (121.6) 3.4 (68) (8.3) 3.4 (2.5) (47) (509.9) 5.9 (0.9) (70.3) (37.1) (34.4) (176.9) 175.7 (189) 0 0 0 9.2 0 0 0
Purchases of Investments (148.8) (225.1) (13.1) 0 0 0 45 (382.9) (679.4) (422.4) (1,397.8) (3,970.8) (2,594.3) (4,018.2) (1,594) (2,395.9) (204.8) (187.2) (98) (74.3) (10.6) (11.7) 0
Sales/Maturities of Investments 167.7 219.6 0 0 0 0 167.2 643 825.6 683 1,787.1 3,779.2 2,679.6 3,836.5 2,164.4 1,757.3 176.4 184.5 107.3 17.7 17.1 0 0
Other Investing Activities 2.1 0 5.1 9.8 0 4.6 (39.6) 10.7 6.1 20 26.7 36 30 18.4 (14.1) 288 34.7 (0.1) (0.1) (18.5) 0.4 0.2 0.1
Investing Cash Flow (128.4) (21.6) (127.1) (71) (48.7) (29.8) 80.6 (281.6) 113.7 244.2 309.9 (259.1) 33.7 (472.7) (0.5) (819.6) (40.3) (38.2) (48.7) (83.5) (4.3) (12.6) (0.6)
Financing Activities
Net Debt Issuance (0.2) (96.6) 49.9 400 (4) 0 (278.6) (131.3) 414.6 0 (0.5) 462.5 (0.8) (32.8) (26.6) (45.1) 0 (6.1) (0.5) 5.8 (0.1) (0.1) (0.2)
Stock Repurchased (16.4) (20) (83.9) (235.9) (42.2) (44.4) (11.2) (40.8) (92) (44.5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.6) 0 0 0 0 0 0
Other Financing Activities (7) (9.1) (16) (374.5) (1.3) (27.3) (16) (13.3) 2.7 (143.5) 0 0 0 0 0 0 (0.1) (0.5) (0.2) 0 0 0 0
Financing Cash Flow (23.6) (125.7) (50) (210.4) (58.8) (71.7) (300.4) (180.5) 325.3 (147.7) 14 481.3 20.6 32.3 391.1 782.1 15.4 (1.2) 3.9 125.3 0.9 11.8 (0.2)
Cash Position
Net Change in Cash (49.7) (33.8) (57.2) (135.6) 161 17 (93.9) (398.1) 521.3 135 182 85.6 (170.5) (350.4) 443.8 243.6 42.1 3.6 (23.2) (2.9) (3) (2) (2.6)
Cash at Beginning 481.8 515.6 572.8 708.4 547.4 530.4 624.3 1,022.4 501.1 347.9 324.7 241.9 412.4 762.8 319 75.4 33.3 29.7 52.9 2.9 3 2 2.6
Cash at End 432.1 481.8 515.6 572.8 708.4 547.4 530.4 624.3 1,022.4 482.9 506.7 327.5 241.9 412.4 762.8 319 75.4 33.3 29.7 0 0 0 0
Free Cash Flow 62 96.9 63 105.6 191.2 103.7 93.8 23.5 41.4 17.4 (176.7) (201.6) (267.2) (46.8) (679.3) 1.1 20.3 14.6 (36.4) (9.8) (8) 0.7 (0.6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 1,084.3 1,000.4 1,106.1 1,292.4 1,198.9 1,136.3 1,130.3 875.7 811.4 906.3 873.9 1,743.2 1,676.9 1,682.1 1,804.5 1,363.9 1,294.4 1,530.1 1,396.8 1,204.3 712.2 635.9 675.9 1,098.2 3,232.8 1,430.4 282.8 185.2 113.2 69.1 42.3 32.9 27.3
Gross Profit 616.3 569.6 630.1 763.8 681.1 630.2 613.3 467.4 472 535.1 500.6 768.5 681.9 681.1 758.7 519.3 470 565.3 445.2 316.1 105.8 145.8 55.4 (72.9) 926.1 732.6 159.1 93.6 56.2 34.9 19.4 13.8 10.3
Operating Income 70.9 43 99.1 185.2 135.9 90.1 76.9 10.2 35.2 17.6 (49) 24.2 (4.1) 6.1 81.7 (38.5) (104.7) (78.6) (91.6) (142.5) (145.2) (180.3) (900.7) (8,284) (56,347.4) (504.4) 64 28.8 17.5 12.9 6 2.9 (1.4)
Net Income 34.8 (25.8) 25.5 15.5 67.5 28.7 5.4 (48.6) 166.9 (99.2) (88.1) (17.8) 57 (55.6) 71.6 (61.8) (866.4) (21.7) (26.3) (151.2) (261.3) (115.5) (933.8) (8,738.3) (56,121.9) (904.7) (171.1) (19.6) (17.8) 2.8 0.7 2.2 (0.8)
EPS (Diluted) 0.15 -0.12 0.11 0.07 0.29 0.12 0.03 -0.20 0.71 -0.42 -0.37 -0.08 0.24 -0.25 0.31 -0.28 -4.02 -0.10 -0.12 -0.73 -1.45 -0.64 -5.26 -52.00 -411.19 -10.18 -2.15 -2.32 -0.68 0.16 0.08 0.16 -0.08
Balance Sheet
Cash & Equivalents 423.6 471.3 506.5 559.9 697.8 542.5 521.5 611.4 1,004.4 482.9 286.9 265.6 327.5 241.9 412.4 762.8 319 75.4 39.8 29.2 52.5 2.9 3 2
Total Assets 1,993.8 1,736.3 1,850.5 1,827.9 1,961.4 1,776.3 1,815.1 2,022.6 2,110.5 1,683.1 1,669.8 2,906.1 2,421.5 2,137.8 3,004.5 12,245.4 26,389.1 4,096.1 269.3 177.6 173.8 31.9 26.2 11.8
Total Debt 692.3 687.2 781 744.5 739.2 659.8 578.8 833.2 931.4 588.3 325.2 508 464.7 0 6.8 12.8 56.1 0 0 6.1 6.6 0 0.1 0.2
Stockholders' Equity 780.2 681.6 690.8 671.7 763.9 711.4 725.8 720.7 786.4 689.3 860.6 1,817.4 1,571.1 1,671.1 2,471.4 10,706.5 24,778.6 3,619.2 217.9 149.8 153.2 24.8 21.3 6.7
Cash Flow
Operating Cash Flow 89.8 116.4 114.1 178.1 243.3 135.6 138.8 66 80 52.9 (140.9) (135.2) (220) 85.7 53.2 281.1 66.9 50 21.5 7.8 3.2 1.8 0.1
Capital Expenditure (27.8) (19.5) (51.1) (72.5) (52.1) (31.9) (45) (42.5) (38.6) (35.5) (35.8) (66.4) (47.2) (132.5) (732.5) (280) (46.6) (35.4) (57.9) (17.6) (11.2) (1.1) (0.7)
Free Cash Flow 62 96.9 63 105.6 191.2 103.7 93.8 23.5 41.4 17.4 (176.7) (201.6) (267.2) (46.8) (679.3) 1.1 20.3 14.6 (36.4) (9.8) (8) 0.7 (0.6)