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Viavi Solutions Inc. VIAV Product revenue — Cost of revenues:

Other product segments

Service revenue
$18.1M-15.0%

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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:CostOfGoodsAndServicesSold.

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
Service revenue49.843.3143.5129.1
Total net revenue406.8284.81,075.2793.8
Cost of revenues:
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Viavi Solutions Inc.'s product revenue — cost of revenues:?
Viavi Solutions Inc. (VIAV) reported product revenue — cost of revenues: of $141.6M in Q1 2026.
How has Viavi Solutions Inc.'s product revenue — cost of revenues: changed year-over-year?
Viavi Solutions Inc.'s product revenue — cost of revenues: increased by 46.4% year-over-year, from $96.7M to $141.6M.
What is the long-term trend for Viavi Solutions Inc.'s product revenue — cost of revenues:?
Over 3 years (2022 to 2025), Viavi Solutions Inc.'s product revenue — cost of revenues: has grown at a -4.6% compound annual growth rate (CAGR), from $421.3M to $366.2M.
What does product revenue — cost of revenues: mean?
This metric captures the direct costs associated with manufacturing, sourcing, and delivering the physical products sold by the company. It includes expenses such as raw materials, direct labor, and manufacturing overhead directly attributable to product production. Monitoring this cost provides insight into the company's manufacturing efficiency and the direct profitability of its hardware segment.

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