The Tip Desk

VIAVI SOLUTIONS INC.

Financial highlights

MetricFY 06/27/26FY 06/28/25FY 06/29/24FY 07/01/23FY 07/02/22
Income Statement
Revenue$1.5B$1.1B$1.0B$1.1B$1.3B
Cost of revenue$642.9M$463.2M$424.5M$467.3M$518.9M
Gross profit$875.4M$621.1M$575.9M$638.8M$773.5M
Selling, general & administrative$469.2M$349.4M$333.3M$328.7M$365.7M
Research and development$262.7M$208.7M$201.9M$206.9M$213.2M
Operating expenses$770.3M$563.6M$555.1M$556.4M$588.5M
Operating income$105.1M$57.5M$20.8M$82.4M$185.0M
Interest expense$47.4M$30.0M$30.9M$27.1M$23.3M
Pretax income$16.3M$38.6M$11.6M$60.7M$65.1M
Income tax expense$47.5M$4.4M$37.4M$35.2M$49.6M
Net income-$30.4M$34.8M-$25.8M$25.5M$15.5M
Balance Sheet
Cash and equivalents$647.8M$423.6M$471.3M$506.5M$559.9M
Current assets$1.3B$885.2M$876.5M$945.0M$1.0B
Total assets$2.7B$2.0B$1.7B$1.9B$1.8B
Current liabilities$680.5M$589.7M$247.1M$343.5M$369.3M
Total liabilities$1.3B$1.2B$1.1B
Stockholders' equity$1.4B$780.2M$681.6M$690.8M$671.7M
Cash Flow Statement
Cash from operations$113.9M$89.8M$116.4M$114.1M$178.1M
Depreciation and amortization$40.4M$38.4M$38.6M$36.2M$35.7M
Stock-based compensation$55.4M$53.1M$49.4M$51.2M$52.3M
Capital expenditure$31.1M$27.8M$19.5M$51.1M$72.5M
Free cash flow$82.8M$62.0M$96.9M$63.0M$105.6M
Share repurchases$30.0M$16.4M$20.0M$83.9M$235.9M

Shares outstanding 233.9M · Free float 70.3%

Annual filing data through FY ended June 27, 2026; float as of August 18, 2026.

Earnings