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    Viavi Solutions Inc (VIAV)

    Official site

    TECHNOLOGY • COMMUNICATION EQUIPMENT • NASDAQ

    $38.55
    -2.73 (-6.61%)

    Market Cap: $10.15B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    92%(36/39)
    Avg Surprise
    +18.90%
    Streak
    9 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.41
    Range$0.40 - $0.41
    7 analysts
    EPS Revisions
    6
    0
    7d
    6
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.28+45.4%
    60d ago$0.410.0%
    30d ago$0.410.0%
    7d ago$0.41+0.1%
    Current$0.41
    Revenue Consensus
    $455M
    Range$454M - $456M
    7 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.40
    Range$0.37 - $0.43
    7 analysts
    EPS Revisions
    6
    0
    7d
    6
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.32+28.2%
    60d ago$0.400.0%
    30d ago$0.400.0%
    7d ago$0.40+1.1%
    Current$0.40
    Revenue Consensus
    $468M
    Range$460M - $475M
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.40---
    Sep 26EST
    		-$0.41---
    Jun 26
    Reported Aug 5
    		$0.29$0.25+16.00%Beat+190.0%
    Mar 26
    Reported Apr 29
    		$0.27$0.23+17.39%Beat+80.0%
    Dec 25
    Reported Jan 28
    		$0.22$0.19+15.79%Beat+69.2%
    Sep 25
    Reported Oct 29
    		$0.15$0.13+15.38%Beat+150.0%
    Jun 25
    Reported Aug 7
    		$0.10$0.07+42.86%Beat+25.0%
    Mar 25
    Reported May 1
    		$0.15$0.12+25.00%Beat+150.0%
    Dec 24
    Reported Jan 30
    		$0.13$0.10+30.00%Beat+18.2%
    Sep 24
    Reported Oct 31
    		$0.06$0.06+0.00%Beat-33.3%
    Jun 24
    Reported Aug 8
    		$0.08$0.07+14.29%Beat-20.0%
    Mar 24
    Reported May 2
    		$0.06$0.07-14.29%Miss-25.0%
    Dec 23
    Reported Feb 1
    		$0.11$0.09+22.22%Beat-21.4%
    Sep 23
    Reported Nov 2
    		$0.09$0.10-10.00%Miss-60.9%
    Jun 23
    Reported Aug 10
    		$0.10$0.08+25.00%Beat-58.3%
    Mar 23
    Reported May 2
    		$0.08$0.09-11.11%Miss-63.6%
    Dec 22
    Reported Feb 2
    		$0.14$0.11+27.27%Beat-41.7%
    Sep 22
    Reported Nov 3
    		$0.23$0.23+0.00%Beat-4.2%
    Jun 22
    Reported Aug 11
    		$0.24$0.23+4.35%Beat+9.1%
    Mar 22
    Reported May 3
    		$0.22$0.21+4.76%Beat+22.2%
    Dec 21
    Reported Feb 3
    		$0.24$0.19+26.32%Beat+4.3%
    Sep 21
    Reported Nov 4
    		$0.24$0.21+14.29%Beat+14.3%
    Jun 21
    Reported Aug 12
    		$0.22$0.19+15.79%Beat+22.2%
    Mar 21
    Reported May 4
    		$0.18$0.17+5.88%Beat+28.6%
    Dec 20
    Reported Feb 2
    		$0.23$0.19+21.05%Beat+0.0%
    Sep 20
    Reported Nov 5
    		$0.21$0.17+23.53%Beat+16.7%
    Jun 20
    Reported Aug 11
    		$0.18$0.13+38.46%Beat+5.9%
    Mar 20
    Reported May 6
    		$0.14$0.13+7.69%Beat+7.7%
    Dec 19
    Reported Feb 4
    		$0.23$0.19+21.05%Beat+4.5%
    Sep 19
    Reported Oct 30
    		$0.18$0.16+12.50%Beat+20.0%
    Jun 19
    Reported Aug 15
    		$0.17$0.15+13.33%Beat+21.4%
    Mar 19
    Reported May 2
    		$0.13$0.12+8.33%Beat+0.0%
    Dec 18
    Reported Feb 5
    		$0.22$0.16+37.50%Beat+144.4%
    Sep 18
    Reported Nov 1
    		$0.15$0.14+7.14%Beat+36.4%
    Jun 18
    Reported Aug 14
    		$0.14$0.11+27.27%Beat+16.7%
    Mar 18
    Reported May 3
    		$0.13$0.09+44.44%Beat+44.4%
    Dec 17
    Reported Feb 1
    		$0.09$0.07+28.57%Beat-10.0%
    Sep 17
    Reported Nov 1
    		$0.11$0.08+37.50%Beat-
    Jun 17
    Reported Aug 15
    		$0.12$0.08+50.00%Beat-
    Mar 17
    Reported May 2
    		$0.09$0.07+28.57%Beat-
    Dec 16
    Reported Jan 31
    		$0.10$0.07+42.86%Beat-

    Dividends

    Dividend Metrics

    Forward Yield0.00%
    Forward Annual Dividend$0.00
    Payout Ratio0.00%
    No dividend payments in the selected period.

    Key Metrics

    Valuation
    P/E Ratio41.45EV/EBITDA51.19x
    Price/FCF106.85xFCF Yield0.94%
    Profitability
    Profit Margin-2.00%Operating Margin14.30%
    ROE-2.73%ROIC3.74%
    Financial Health
    Debt/Equity0.44xInterest Coverage1.16x
    Current Ratio1.85xQuick Ratio1.62x
    Trading Statistics
    Beta1.21Avg Volume5.62M
    52-Week High$60.4352-Week Low$12.77

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$44.43
    SMA 20$41.30
    SMA 50$39.45
    SMA 200$37.83
    EMA 10$42.47
    EMA 20$41.68
    EMA 50$40.60
    EMA 200$36.47

    MACD

    Line: 1.19Signal: 1.61Hist: -0.43

    ADX

    ADX: 19.3+DI: 23.7-DI: 30.9

    Aroon & PSAR

    Aroon Up68.0
    Aroon Down16.0
    PSAR$47.91

    Bollinger Bands

    Upper Band$49.90
    Lower Band$32.70
    %B Position4165%(Upper)
    Band Width0.34

    RSI (14-Day)

    Neutral
    43.6

    Momentum Oscillators

    Stoch %K35.3
    Stoch %D52.9
    Williams %R-89.8
    ROC (10d)-8.0%
    Momentum-3.37
    CCI (20d)-33.0
    MFI (14d)59.0

    Volatility Measures

    ATR (14d)$2.65(6.9%)
    StdDev (20d)4.30
    Hist Vol66.8%(High)

    Volume Flow

    VWAP$39.39
    OBV144.6M
    AD Line110.6M
    CMF (20d)0.171

    Volume Metrics

    Avg Vol (20d)5.7M
    Vol Ratio0.8x
    VWMA (20d)$41.10

    Pivot Points

    R3$44.63
    R2$43.02
    R1$42.15
    Pivot Point$40.53
    S1$39.66
    S2$38.05
    S3$37.18

    Advanced Oscillators

    TSI12.57
    Ultimate Osc43.3
    KST178.24

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$443.10M$406.80M$369.30M$299.10M$290.50M$284.80M$270.80M$238.20M$252.00M$246.00M$254.50M$247.90M
    Cost of Revenue$181.40M$172.70M$158.70M$130.10M$127.00M$124.10M$110.00M$102.10M$106.40M$108.10M$106.50M$103.50M
    Gross Profit$261.70M$234.10M$210.60M$169.00M$163.50M$160.70M$160.80M$136.10M$145.60M$137.90M$148.00M$144.40M
    Operating Expenses$200.40M$209.30M$199.20M$161.40M$148.20M$152.20M$138.60M$124.60M$151.30M$149.80M$125.60M$128.40M
    R&D$69.80M$71.00M$65.90M$56.00M$57.20M$50.00M$52.10M$49.40M$52.50M$50.00M$49.50M$49.90M
    SG&A$124.30M$113.60M$127.10M$104.20M$89.70M$101.30M$84.30M$74.10M$83.10M$98.20M$74.80M$77.20M
    Operating Income$61.30M$24.80M$11.40M$7.60M$15.30M$8.50M$22.20M$11.50M$-5,700,000$-11,900,000$22.40M$16.00M
    Interest Income$0$0$300,000$0$0$0$0$0$0$0$0$0
    Interest Expense$20.90M$18.00M$54.00M$11.20M$7.50M$7.50M$7.50M$7.50M$7.50M$7.70M$7.90M$7.80M
    Income Before Tax$43.50M$13.80M$-38,700,000$-2,300,000$9.60M$3.20M$18.60M$7.20M$-9,500,000$-15,600,000$18.30M$18.40M
    Income Tax Expense$11.40M$7.40M$9.70M$19.00M$2.20M$-16,300,000$9.50M$9.00M$12.20M$9.00M$7.60M$8.60M
    Net Income$32.70M$6.40M$-48,100,000$-21,400,000$8.00M$19.50M$9.10M$-1,800,000$-21,700,000$-24,600,000$10.70M$9.80M
    EBITDA$75.60M$44.30M$29.80M$23.00M$15.10M$30.90M$46.40M$26.20M$9.40M$-6,900,000$48.20M$37.90M
    EBIT$64.40M$31.80M$15.30M$8.90M$17.10M$10.70M$26.10M$14.70M$-2,000,000$-7,900,000$26.20M$26.20M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $16.66M
    Gov Obligations / Revenue
    1.2%
    Obligations YoY
    N/A
    Active Awards
    39
    New Awards (TTM)
    23
    Avg Remaining Term
    11.0 mo

    Top agency: Department of Homeland Security at 69.6% of trailing twelve month obligations across 5 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    70T04026F7672N006Department of Homeland SecurityTransportation Security Administration$7.55MJul 15, 2026
    N0010426PSA73Department of DefenseDepartment of the Navy$845695Dec 19, 2025
    N6833526C0173Department of DefenseDepartment of the Navy$418404Dec 30, 2025
    70T04026F7503N004Department of Homeland SecurityTransportation Security Administration$253107Jun 30, 2026
    6973GH26P01830Department of TransportationFederal Aviation Administration$129702May 22, 2026
    1331L525P13350072Department of CommerceOffice of the Secretary$99999Sep 8, 2025
    N0025325P9001Department of DefenseDepartment of the Navy$77130Sep 2, 2025
    1331L525P13350067Department of CommerceOffice of the Secretary$60325Sep 2, 2025
    N6893626P5181Department of DefenseDepartment of the Navy$39168Apr 27, 2026
    15UC0L26P00000911Department of JusticeFederal Prison Industries / Unicor$38506Jul 1, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    VIAV Valuation and Fair Value

    P/E
    41.5x
    Forward P/E
    22.1x
    EV/EBITDA
    51.2x
    P/FCF
    106.9x
    PEG
    1.3x
    P/B
    6.1x
    See GNG's fair value

    VIAV Profitability: Margins, ROIC and FCF

    Gross margin
    57.7%
    Operating margin
    14.3%
    Net margin
    -2.0%
    ROIC
    3.7%
    ROE
    -2.7%
    FCF margin
    5.5%
    FCF yield
    0.9%

    VIAV Competitors

    CompanyTicker
    Littelfuse IncLFUS
    Qorvo IncQRVO
    Sanmina CorporationSANM
    Elastic NVESTC
    Nova LtdNVMI
    Cognex CorporationCGNX
    Bentley Systems IncBSY
    FormFactor IncFORM

    Sector: Technology

    VIAV Analyst Ratings

    Consensus
    Buy
    Analysts
    8
    Strong Buy
    1
    Buy
    6
    Hold
    1
    Sell
    0
    Strong Sell
    0

    VIAV Bull Case vs Bear Case

    Bull case

    • VIAV beat EPS estimates in 87.5% of its last 8 reported quarters.
    • VIAV grew quarterly revenue 52.5% year over year.
    • 87.5% of VIAV's analyst ratings are Buy or Strong Buy.

    Bear case

    • VIAV trades at 41.5x trailing earnings.
    • VIAV has a -2.0% net profit margin.

    VIAV Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    20.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.41
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    6 up, 0 down

    VIAV Dividend

    Forward yield
    0.0%
    Payout ratio
    0.0%

    Frequently Asked Questions About VIAV

    Does VIAV pay dividends?

    Viavi Solutions Inc (VIAV) has a dividend payment track record. See the VIAV dividend history page for its current payment status, TTM yield, and recorded payments.

    What is VIAV's P/E ratio?

    Viavi Solutions Inc has a price-to-earnings (P/E) ratio of 41.45.

    What is VIAV's market cap?

    Viavi Solutions Inc (VIAV) has a market capitalization of $10.15B with a current stock price of $38.55.

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