Viavi Solutions Inc (VIAV)

Technology | Communication Equipment
Income Statement (Quarterly) 2025-09-27 2025-03-29 2024-12-28 2024-09-28
Revenue 299,100,000 284,800,000 270,800,000 238,200,000
Cost of Revenue 130,100,000 124,100,000 110,000,000 102,100,000
Gross Profit 169,000,000 160,700,000 160,800,000 136,100,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 104,200,000 101,300,000 84,300,000 74,100,000
Operating Expenses 160,200,000 151,300,000 138,600,000 123,500,000
Operating Income 7,600,000 8,500,000 22,200,000 11,500,000
Interest Expense 2,500,000 -37,500,000 7,500,000 7,500,000
Income Before Tax -2,300,000 3,200,000 18,600,000 7,200,000
Income Tax Expense 19,000,000 -16,300,000 9,500,000 9,000,000
Net Income -21,400,000 19,500,000 9,100,000 -1,800,000
Per Share
EPS -0.10 0.09 0.04 -0.01
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2025-06-28 2024-06-29 2023-07-01 2022-07-02
Revenue 1,084,300,000 1,084,300,000 1,000,400,000 1,106,100,000 1,292,400,000
Cost of Revenue 468,000,000 468,000,000 424,500,000 467,300,000 518,900,000
Gross Profit 616,300,000 616,300,000 575,900,000 638,800,000 773,500,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 349,400,000 349,400,000 333,300,000 328,700,000 365,700,000
Operating Expenses 558,100,000 558,100,000 555,100,000 544,300,000 588,600,000
Operating Income 58,200,000 58,200,000 20,800,000 82,400,000 185,000,000
Interest Expense 30,000,000 30,000,000 30,900,000 27,100,000 119,900,000
Income Before Tax 39,200,000 39,200,000 11,600,000 60,700,000 65,100,000
Income Tax Expense 4,400,000 4,400,000 37,400,000 35,200,000 49,600,000
Net Income 34,800,000 34,800,000 -25,800,000 25,500,000 15,500,000
Per Share
EPS 0.16 0.16 -0.12 0.11 0.07
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2025-06-28 2024-06-30 2024-06-29
Assets
Cash and Cash Equivalents 427,300,000 423,600,000 476,300,000 471,300,000
Short Term Investments 1,700,000 1,700,000 19,900,000 19,900,000
Net Receivables 261,000,000 293,200,000 213,100,000 244,900,000
Inventory 117,900,000 117,900,000 96,500,000 96,500,000
Total Current Assets 885,200,000 885,200,000 876,500,000 876,500,000
Property Plant Equipment 231,900,000 231,900,000 228,200,000 264,000,000
Goodwill and Intangibles 727,300,000 727,300,000 452,900,000 491,100,000
Total Assets 1,993,800,000 1,993,800,000 1,736,300,000 1,736,300,000
Liabilities
Account Payables 68,800,000 68,800,000 50,400,000 50,400,000
Short Term Debt 256,400,000 256,400,000 0 19,600,000
Total Current Liabilities 589,700,000 589,700,000 247,100,000 247,100,000
Long Term Debt 435,900,000 435,900,000 636,000,000 677,400,000
Total Liabilities 1,213,600,000 1,213,600,000 1,054,700,000 1,054,700,000
Shareholders Equity
Retained Earnings -69,628,100,000 -69,628,100,000 0 -69,646,500,000
Total Shareholders Equity 780,200,000 780,200,000 681,600,000 681,600,000
Balance Sheet (Annual) 2025-06-30 2025-06-28 2024-06-30 2024-06-29 2023-07-01
Assets
Cash and Cash Equivalents 427,300,000 423,600,000 476,300,000 471,300,000 506,500,000
Short Term Investments 1,700,000 1,700,000 19,900,000 19,900,000 14,600,000
Net Receivables 261,000,000 293,200,000 213,100,000 244,900,000 231,200,000
Inventory 117,900,000 117,900,000 96,500,000 96,500,000 116,100,000
Total Current Assets 885,200,000 885,200,000 876,500,000 876,500,000 945,000,000
Property Plant Equipment 231,900,000 231,900,000 228,200,000 264,000,000 243,000,000
Goodwill and Intangibles 727,300,000 727,300,000 452,900,000 491,100,000 513,800,000
Total Assets 1,993,800,000 1,993,800,000 1,736,300,000 1,736,300,000 1,850,500,000
Liabilities
Account Payables 68,800,000 68,800,000 50,400,000 50,400,000 47,200,000
Short Term Debt 256,400,000 256,400,000 0 19,600,000 96,200,000
Total Current Liabilities 589,700,000 589,700,000 247,100,000 247,100,000 343,500,000
Long Term Debt 435,900,000 435,900,000 636,000,000 677,400,000 629,500,000
Total Liabilities 1,213,600,000 1,213,600,000 1,054,700,000 1,054,700,000 1,159,700,000
Shareholders Equity
Retained Earnings -69,628,100,000 -69,628,100,000 0 -69,646,500,000 -69,600,700,000
Total Shareholders Equity 780,200,000 780,200,000 681,600,000 681,600,000 690,800,000
Cash Flow Statement (Quarterly) 2025-06-30 2025-06-28 2024-06-29 2023-07-01
Operating Activities
Net Income 34,800,000 34,800,000 -25,800,000 25,500,000
Depreciation & Amortization 62,700,000 62,700,000 58,700,000 69,500,000
Stock Based Compensation 53,100,000 53,100,000 49,400,000 51,200,000
Change in Working Capital -58,600,000 -58,600,000 17,000,000 -49,700,000
Operating Cash Flow 89,800,000 89,800,000 116,400,000 114,100,000
Investing Activities
Capital Expenditure -27,800,000 -27,800,000 -19,500,000 -51,100,000
Investments -27,800,000 -27,800,000 -19,500,000 -51,100,000
Investing Cash Flow -128,400,000 -128,400,000 -21,600,000 -127,100,000
Financing Activities
Debt Repayment -200,000 -200,000 -96,600,000 -68,100,000
Common Stock Issued/Repurchased -16,400,000 -16,400,000 -20,000,000 -76,000,000
Dividends Paid 0 0 0 0
Financing Cash Flow -23,600,000 -23,600,000 -125,700,000 -50,000,000
Summary
Free Cash Flow 62,000,000 62,000,000 96,900,000 63,000,000
Net Change in Cash -49,700,000 -49,700,000 -33,800,000 -57,200,000
Cash Flow Statement (Annual) 2025-06-30 2025-06-28 2024-06-29 2023-07-01 2022-07-02
Operating Activities
Net Income 34,800,000 34,800,000 -25,800,000 25,500,000 15,500,000
Depreciation & Amortization 62,700,000 62,700,000 58,700,000 69,500,000 75,400,000
Stock Based Compensation 53,100,000 53,100,000 49,400,000 51,200,000 52,300,000
Change in Working Capital -58,600,000 -58,600,000 17,000,000 -49,700,000 -74,000,000
Operating Cash Flow 89,800,000 89,800,000 116,400,000 114,100,000 178,100,000
Investing Activities
Capital Expenditure -27,800,000 -27,800,000 -19,500,000 -51,100,000 -72,500,000
Investments -27,800,000 -27,800,000 -19,500,000 -51,100,000 -72,500,000
Investing Cash Flow -128,400,000 -128,400,000 -21,600,000 -127,100,000 -71,000,000
Financing Activities
Debt Repayment -200,000 -200,000 -96,600,000 -68,100,000 -498,100,000
Common Stock Issued/Repurchased -16,400,000 -16,400,000 -20,000,000 -76,000,000 -242,200,000
Dividends Paid 0 0 0 0 -6,300,000
Financing Cash Flow -23,600,000 -23,600,000 -125,700,000 -50,000,000 -210,400,000
Summary
Free Cash Flow 62,000,000 62,000,000 96,900,000 63,000,000 105,600,000
Net Change in Cash -49,700,000 -49,700,000 -33,800,000 -57,200,000 -135,600,000