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Viavi Solutions Inc. VIAV Product revenue — Total net revenue

Other product segments

Service revenue
$49.8M+15.0%

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FFIVProduct — Revenue from contract with customer, excluding assessed tax
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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$11.64B+210%
Enterprise value$11.42B+213%
P/S8.5×+4.9×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Viavi Solutions Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Viavi Solutions Inc.'s product revenue — total net revenue?
Viavi Solutions Inc. (VIAV) reported product revenue — total net revenue of $357M in Q1 2026.
How has Viavi Solutions Inc.'s product revenue — total net revenue changed year-over-year?
Viavi Solutions Inc.'s product revenue — total net revenue increased by 47.8% year-over-year, from $241.5M to $357M.
What is the long-term trend for Viavi Solutions Inc.'s product revenue — total net revenue?
Over 4 years (2021 to 2025), Viavi Solutions Inc.'s product revenue — total net revenue has grown at a -3.5% compound annual growth rate (CAGR), from $1.05B to $912M.
What does product revenue — total net revenue mean?
The total amount of money earned from selling physical products before accounting for service-related income.
How do you interpret product revenue — total net revenue?
An increase suggests strong market demand for the company's hardware offerings and successful product cycles, while a decrease may indicate market saturation or competitive pressure on physical goods.
How does product revenue — total net revenue compare across companies?
Comparable to product-specific revenue lines in hardware-focused technology and industrial manufacturing firms.