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

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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
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
Operating expenses:

Item 1. Financial Statements (Unaudited)

FAQ

What is Viavi Solutions Inc.'s service revenue — cost of revenues:?
Viavi Solutions Inc. (VIAV) reported service revenue — cost of revenues: of $18.1M in Q1 2026.
How has Viavi Solutions Inc.'s service revenue — cost of revenues: changed year-over-year?
Viavi Solutions Inc.'s service revenue — cost of revenues: decreased by 15.0% year-over-year, from $21.3M to $18.1M.
What is the long-term trend for Viavi Solutions Inc.'s service revenue — cost of revenues:?
Over 3 years (2022 to 2025), Viavi Solutions Inc.'s service revenue — cost of revenues: has grown at a 4.7% compound annual growth rate (CAGR), from $67.6M to $77.5M.
What does service revenue — cost of revenues: mean?
This metric captures the direct costs associated with delivering services, including personnel expenses for support staff, field service costs, and the cost of materials used in service delivery. It is a key indicator of the operational efficiency and scalability of the service organization. Monitoring this cost helps management evaluate the profitability of service contracts and the effectiveness of resource allocation.

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