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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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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenues:
Product revenue$357.0$241.5$931.7$664.7
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

Item 1. Financial Statements (Unaudited)

FAQ

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 3 years (2022 to 2025), Viavi Solutions Inc.'s product revenue — total net revenue has grown at a -7.0% compound annual growth rate (CAGR), from $1.14B to $912M.
What does product revenue — total net revenue mean?
This metric represents the total net revenue generated specifically from the sale of physical hardware products and tangible goods. It excludes revenue derived from service contracts, maintenance, or professional consulting engagements. Tracking this figure helps investors assess the company's ability to drive top-line growth through its core manufacturing and hardware delivery capabilities.

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