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Viavi Solutions Inc. VIAV Total Cost of Revenue

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Segments

By product

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Service revenue$18.1M-15.0%

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 us-gaap:CostOfRevenue.

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 itemThree Months Ended / March 28, 2026Three Months Ended / March 29, 2025Nine Months Ended / March 28, 2026Nine Months Ended / March 29, 2025
Product cost of revenue141.696.7377.7265.9
Service cost of revenue18.121.351.457.6
Amortization of acquired technologies13.06.132.412.7
Total cost of revenues172.7124.1461.5336.2
Gross profit234.1160.7613.7457.6
Operating expenses:
Research and development71.050.0192.9151.5
Selling, general and administrative113.6101.3344.9259.7

Item 1. Financial Statements (Unaudited)

FAQ

What is Viavi Solutions Inc.'s total cost of revenue?
Viavi Solutions Inc. (VIAV) reported total cost of revenue of $172.7M in Q1 2026.
How has Viavi Solutions Inc.'s total cost of revenue changed year-over-year?
Viavi Solutions Inc.'s total cost of revenue increased by 39.2% year-over-year, from $124.1M to $172.7M.
What is the long-term trend for Viavi Solutions Inc.'s total cost of revenue?
Over 3 years (2022 to 2025), Viavi Solutions Inc.'s total cost of revenue has grown at a -3.7% compound annual growth rate (CAGR), from $518.9M to $463.2M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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