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Viavi Solutions Inc. VIAV Amortization of inventory step-up

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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$9.6B+328%
Enterprise value$9.38B+347%
P/S+5.0×

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 viav:AmortizationOfInventoryStepUp.

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

Filed
Apr 30, 2026, 4:24 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028926

FAQ

What is Viavi Solutions Inc.'s amortization of inventory step-up?
Viavi Solutions Inc. (VIAV) reported amortization of inventory step-up of $900K in Q1 2026.
How has Viavi Solutions Inc.'s amortization of inventory step-up changed year-over-year?
Viavi Solutions Inc.'s amortization of inventory step-up decreased by 47.1% year-over-year, from $1.7M to $900K.
What does amortization of inventory step-up mean?
This represents the non-cash expense recognized when acquired inventory is sold at a value higher than its original cost due to purchase price accounting. It reflects the 'step-up' in inventory value recorded at the time of an acquisition. This charge is temporary and typically dissipates as the acquired inventory is sold off.

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