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Other financials

Income statement

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Revenue$406.8M+42.8%
Gross profit$234.1M+45.7%
Operating income$24.8M+192%
Net income$6.4M-67.2%
EPS (diluted)$0.03-66.7%

Balance sheet

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Cash & equivalents$499.0M+33.4%
Total debt$286.6M+2.5%
Total equity$846.5M+16.1%
Total assets$2.5B+30.8%

Cash flow

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Operating cash flow$42.5M-4.9%
CapEx$5.9M-13.2%
Free cash flow$36.9M+1.1%

Valuation

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Market cap$9.95B+328%
Enterprise value$9.73B+347%
P/S7.3×+5.1×

Profitability

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Gross margin56.9%-0.8pp
Operating margin4.3%
Net margin-4%-4.5pp
FCF margin6.3%-1.8pp

Returns & leverage

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Return on equity-7%-7.7pp
Debt / equity0.3×0.0×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by Viavi Solutions Inc. in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Viavi Solutions Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:24 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028926
Line itemNine Months Ended / March 28, 2026Nine Months Ended / March 29, 2025
OPERATING ACTIVITIES:
Net (loss) income$(63.1)$26.8
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation expense30.128.8
Amortization of acquired technologies and other intangibles47.616.0
Stock-based compensation41.240.5
Loss on debt extinguishment46.2
Amortization of debt issuance costs4.95.5

Item 1. Financial Statements (Unaudited)

FAQ

What is Viavi Solutions Inc.'s D&A?
Viavi Solutions Inc. (VIAV) reported D&A of $10.3M in Q1 2026.
How has Viavi Solutions Inc.'s D&A changed year-over-year?
Viavi Solutions Inc.'s D&A increased by 10.8% year-over-year, from $9.3M to $10.3M.
What is the long-term trend for Viavi Solutions Inc.'s D&A?
Over 3 years (2022 to 2025), Viavi Solutions Inc.'s D&A has grown at a 2.5% compound annual growth rate (CAGR), from $35.7M to $38.4M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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