Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and critical infrastructures in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates in two segments, Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides testing, monitoring, assurance, and security solutions that address lab and production environments, network management, service assurance, and AIOps for wireless, wireline, cloud, satellite, public safety, military, and infrastructure networks. This segment also offers instruments, microprobes, and perpetual software licenses that support the development, production, maintenance, and optimization of network systems, as well as product support and professional services comprising repair, calibration, software support, and technical assistance for its products. Its OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell technologies for the anti-counterfeiting, 3D sensing, government and aerospace, automotive, and industrial markets. The company has a strategic partnership with QuNu Labs Pvt. Ltd. for the development of quantum security and advanced network intelligence technologies. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | $129M | $35M | $62M | 4.5% | 8.4% | -234.9% |
| 2024 | $1.0B | $99M | $-26M | $97M | -3.8% | -9.6% | -201.2% |
| 2023 | $1.1B | $155M | $26M | $63M | 3.7% | -14.4% | 64.5% |
| 2022 | $1.3B | $161M | $16M | $106M | 2.3% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,292.40 | 1,106.10 | 1,000.40 | 1,084.30 |
| Cost Of Revenue | - | 518.90 | 467.30 | 424.50 | 463.20 |
| Gross Profit | - | 773.50 | 638.80 | 575.90 | 621.10 |
| Operating Expense | - | 588.60 | 544.30 | 541.50 | 562.90 |
| Operating Income | - | 184.90 | 94.50 | 34.40 | 58.20 |
| EBITDA | - | 161 | 154.80 | 98.60 | 128.90 |
| EBIT | - | 85.60 | 85.30 | 39.90 | 66.20 |
| Pretax Income | - | 65.10 | 60.70 | 11.60 | 38.60 |
| Tax Provision | - | 49.60 | 35.20 | 37.40 | 4.40 |
| Net Income | - | 15.50 | 25.50 | -25.80 | 34.80 |
| Net Income Common Stockholders | - | 15.50 | 25.50 | -25.80 | 34.80 |
| Total Expenses | - | 1,107.50 | 1,011.60 | 966 | 1,026.10 |
| Interest Expense | - | 20.50 | 24.60 | 28.30 | 27.60 |
| Interest Income | - | 3.40 | 10.20 | 18.90 | 13.10 |
| Research And Development | - | 213.20 | 206.90 | 201.90 | 208.70 |
| Selling General And Administration | - | 365.70 | 328.70 | 333.30 | 349.40 |
| Normalized EBITDA | - | 261.30 | 171.30 | 108 | 131.30 |
| Normalized Income | - | 94.74 | 38.53 | -18.37 | 36.93 |
| Market Cap | 0 | 0 | 0 | 0 | 0 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Viavi Solutions Inc.this co. | VIAV | - | 0.00 | 0.00 | 4.5% | 2.08 |
| KULR Technology Group, Inc. | KULR | $111M | - | 0.91 | -50.9% | -2.45 |
| Expensify, Inc. | EXFY | $106M | - | 0.74 | -16.1% | -2.34 |
| SunPower Inc. | SPWR | $105M | - | -1.02 | 50.3% | -16.16 |
| CSP Inc. | CSPI | $103M | - | 2.29 |
| - |
| - |
| - |
| - |
| - |
| -0.2% |
| -30.63 |
| SoundThinking, Inc. | SSTI | $89M | - | 1.22 | -13.1% | 45.14 |
| Airship AI Holdings, Inc. | AISP | $76M | 2.91 | -10.63 | -410.1% | -9.02 |
| Neonode Inc. | NEON | $26M | 3.27 | 1.07 | 34.4% | -0.11 |
| zSpace, Inc. | ZSPC | $1M | - | -0.34 | 112.8% | -0.78 |
| Peer Median | - | 3.09 | 0.82 | -6.6% | -2.40 | |