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Viavi Solutions Inc. VIAV Network and Service Enablement — R&D

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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 us-gaap:ResearchAndDevelopmentExpense.

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, 2026 / Network and Service EnablementThree Months Ended March 28, 2026 / Optical Security and Performance ProductsTotal
Service revenue49.849.8
Net revenue$321.5$85.3$406.8
Cost of revenues111.542.4
Research and development64.23.3
Selling, general and administrative58.86.1
Other segment items(1)31.63.4
Total operating expense154.612.8
Segment operating income$55.4$30.1$85.5

Item 1. Financial Statements (Unaudited)

FAQ

What is Viavi Solutions Inc.'s network and service enablement — R&D?
Viavi Solutions Inc. (VIAV) reported network and service enablement — R&D of $64.2M in Q1 2026.
How has Viavi Solutions Inc.'s network and service enablement — R&D changed year-over-year?
Viavi Solutions Inc.'s network and service enablement — R&D increased by 50.7% year-over-year, from $42.6M to $64.2M.
What is the long-term trend for Viavi Solutions Inc.'s network and service enablement — R&D?
Over 2 years (2023 to 2025), Viavi Solutions Inc.'s network and service enablement — R&D has grown at a 0.2% compound annual growth rate (CAGR), from $178.6M to $179.3M.
What does network and service enablement — R&D mean?
Represents the investment in developing new technologies, products, and enhancements within the Network and Service Enablement segment. This is a critical driver of long-term innovation and competitive advantage.

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