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Viavi Solutions (VIAV) Financials

VIAV NASDAQ
FY2026 annual
Revenue $1.5B +40.0% YoY
Net Income -$30.4M -187.4% YoY
EPS (Diluted) -$0.13 -186.7% YoY
Free Cash Flow $82.8M +33.5% YoY
Market Cap $8.2B as of Oct 27, 2026
Price / Sales 5.4x on $1.5B revenue, FY2026
Price / Earnings n/m net loss, so no earnings multiple, FY2026
Price / Book 5.7x on $1.4B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 27, 2026 Reported Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VIAV SEC filings page.

Viavi Solutions Inc. (VIAV) reported $1.5B in revenue for fiscal year 2026, up 40.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VIAV FY2026

FY2026 growth expanded cash generation, but higher below-operating costs turned operating profit into a reported net loss.

FY2026 revenue grew 40.0% while operating cash flow grew 26.8%, so expansion produced cash but less than proportionately. Operating income reached $105.1M, yet net income was a $30.4M loss, showing that the business can generate operating profit without converting it into bottom-line earnings.

The balance sheet became less debt-dependent: total assets grew 35.7% while total liabilities rose only 3.6%. Debt-to-equity fell to 0.3x from 0.5x in FY2025, indicating the larger asset base was accompanied by a much larger equity base rather than comparable debt growth.

Cash conversion remains positive, but working capital absorbed more of the expansion: free cash flow was $82.8M against operating cash flow of $113.9M. Receivables rose 34.6% and inventory 31.7% in FY2026, tying more funds to customer and product balances as sales expanded.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 64 / 100
Financial Health Score 64/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Viavi Solutions Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
55

Viavi Solutions Inc. has an operating margin of 6.9%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 55/100, indicating healthy but not exceptional operating efficiency. This is up from 5.3% the prior year.

Growth
78

Viavi Solutions Inc.'s revenue surged 40.0% year-over-year to $1.5B, reflecting rapid business expansion. This strong growth earns a score of 78/100.

Leverage
97

Viavi Solutions Inc. carries a low D/E ratio of 0.27, meaning only $0.27 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
54

Viavi Solutions Inc.'s current ratio of 1.85 indicates adequate short-term liquidity, earning a score of 54/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
48

Viavi Solutions Inc. has a free cash flow margin of 5.5%, earning a moderate score of 48/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
50

Viavi Solutions Inc. posts a -2.1% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 50/100. This is down from 4.5% the prior year.

Altman Z-Score Distress
-31.21

Viavi Solutions Inc. scores -31.21, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $69.7B against total assets of $2.7B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
6/9

Viavi Solutions Inc. passes 6 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
N/A

Viavi Solutions Inc. reported a net loss of $30.4M while generating $113.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage Adequate
2.22x

Viavi Solutions Inc. earns $2.22 in operating income for every $1 of interest expense ($105.1M vs $47.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$443.1M
YoY+52.5%
QoQ+8.9%

Viavi Solutions Inc. generated $443.1M in revenue in Q4 2026. This represents an increase of 52.5% from the same quarter a year earlier. Against the prior quarter it is up 8.9%.

EBITDA
$78.9M
YoY+198.9%
QoQ+85.6%

Viavi Solutions Inc.'s EBITDA was $78.9M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 198.9% from the same quarter a year earlier. Against the prior quarter it is up 85.6%.

Net Income
$32.7M
YoY+308.8%
QoQ+410.9%

Viavi Solutions Inc. reported $32.7M in net income in Q4 2026. This represents an increase of 308.8% from the same quarter a year earlier. Against the prior quarter it is up 410.9%.

EPS (Diluted)
$0.15
YoY+400.0%
QoQ+400.0%
5Y CAGR+71.9%
10Y CAGRn/m

Viavi Solutions Inc. earned $0.15 per diluted share (EPS) in Q4 2026. This represents an increase of 400.0% from the same quarter a year earlier. Against the prior quarter it is up 400.0%.

Cash & Balance Sheet

Free Cash Flow
$55.6M
YoY+203.8%
QoQn/m

Viavi Solutions Inc. generated $55.6M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 203.8% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt
$647.8M
YoY+52.9%
QoQ+29.8%
5Y CAGR-1.5%
10Y CAGR+3.0%

Viavi Solutions Inc. held $647.8M in cash against $397.1M in long-term debt as of Q4 2026.

Shares Outstanding
247M
YoY+10.5%
QoQ+5.5%
5Y CAGR+1.6%
10Y CAGR+0.6%

Viavi Solutions Inc. had 247M shares outstanding in Q4 2026. This represents an increase of 10.5% from the same quarter a year earlier. Against the prior quarter it is up 5.5%.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Gross Margin
59.1%
YoY+2.8pp
QoQ+1.5pp

Viavi Solutions Inc.'s gross margin was 59.1% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Operating Margin
13.8%
YoY+8.6pp
QoQ+7.7pp

Viavi Solutions Inc.'s operating margin was 13.8% in Q4 2026, reflecting core business profitability. This is up 8.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.7 percentage points.

Net Margin
7.4%
YoY+4.6pp
QoQ+5.8pp

Viavi Solutions Inc.'s net profit margin was 7.4% in Q4 2026, showing the share of revenue converted to profit. This is up 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.8 percentage points.

Return on Equity
2.3%
YoY+1.2pp
QoQ+1.5pp

Viavi Solutions Inc.'s quarterly ROE was 2.3% in Q4 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Capital Allocation

R&D Spending
$69.8M
YoY+22.0%
QoQ-1.7%

Viavi Solutions Inc. invested $69.8M in research and development in Q4 2026. This represents an increase of 22.0% from the same quarter a year earlier. Against the prior quarter it is down 1.7%.

Share Buybacks
$0
YoYn/m
QoQn/m

Viavi Solutions Inc. repurchased no shares in Q4 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Capital Expenditures
$11.1M
YoY+101.8%
QoQ+88.1%

Viavi Solutions Inc. invested $11.1M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 101.8% from the same quarter a year earlier. Against the prior quarter it is up 88.1%.

VIAV Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIAV quarterly income statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Revenue$443.1M+52.5%$406.8M+42.8%$369.3M+36.4%$299.1M+25.6%$290.5M$284.8M+15.8%$270.8M+6.4%$238.2M-3.9%
Cost of Revenue$181.4M+42.8%$172.7M+39.2%$158.7M+44.3%$130.1M+27.4%$127.0M$124.1M+14.8%$110.0M+3.3%$102.1M-1.4%
Gross Profit$261.7M+60.1%$234.1M+45.7%$210.6M+31.0%$169.0M+24.2%$163.5M$160.7M+16.5%$160.8M+8.6%$136.1M-5.7%
R&D Expenses$69.8M+22.0%$71.0M+42.0%$65.9M+26.5%$56.0M+13.4%$57.2M$50.0M0.0%$52.1M+5.3%$49.4M-1.0%
SG&A Expenses$124.3M+38.6%$113.6M+12.1%$127.1M+50.8%$104.2M+40.6%$89.7M$101.3M+3.2%$84.3M+12.7%$74.1M-4.0%
Operating Income$61.3M+300.7%$24.8M+191.8%$11.4M-48.6%$7.6M-33.9%$15.3M$8.5Mn/m$22.2M-0.9%$11.5M-28.1%
EBITDA$78.9M+198.9%$42.5M+123.7%$27.7M-16.1%$18.9M-15.2%$26.4M$19.0Mn/m$33.0M-1.5%$22.3M-20.1%
Interest Expense$10.4M+38.7%$14.3M+90.7%$15.3M+104.0%$7.4M-1.3%$7.5M$7.5M-2.6%$7.5M-3.8%$7.5M-3.8%
Income Tax$11.4M+418.2%$7.4Mn/m$9.7M+2.1%$19.0M+111.1%$2.2M-$16.3M-281.1%$9.5M+25.0%$9.0M+4.7%
Net Income$32.7M+308.8%$6.4M-67.2%-$48.1M-628.6%-$21.4Mn/m$8.0M$19.5Mn/m$9.1M-15.0%-$1.8M-118.4%
EPS (Basic)$0.15+275.0%$0.03-66.7%-$0.21-625.0%-$0.10n/m$0.04n/m$0.09n/m$0.04-20.0%-$0.01-125.0%
EPS (Diluted)$0.15+400.0%$0.03-66.7%-$0.21-625.0%-$0.10n/m$0.03n/m$0.09n/m$0.04-20.0%-$0.01-125.0%
Diluted Shares (Avg)N/A250M+10.0%224M-0.4%223M+0.4%N/A227M+1.7%225M+0.6%222M-1.0%

VIAV Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIAV quarterly balance sheet
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Total Assets$2.7B+35.7%$2.5B+30.8%$2.8B+61.0%$2.1B+19.8%$2.0B+14.8%$1.9B+10.8%$1.7B-7.1%$1.7B-3.6%
Current Assets$1.3B+41.9%$1.1B+26.1%$1.3B+45.2%$990.3M+14.6%$885.2M+1.0%$835.4M-3.7%$880.4M-8.8%$864.0M-5.7%
Cash & Equivalents$647.8M+52.9%$499.0M+33.4%$765.5M+56.9%$543.8M+16.2%$423.6M-10.1%$374.2M-17.6%$488.0M-10.2%$467.9M-10.1%
Short-Term Investments$2.0M+17.6%$1.8M-92.0%$1.9M-91.1%$1.8M-92.9%$1.7M-91.5%$22.6M-20.4%$21.4M-14.4%$25.2M+22.9%
Inventory$155.3M+31.7%$147.9M+27.3%$141.0M+51.9%$124.5M+33.6%$117.9M+22.2%$116.2M+12.4%$92.8M-19.4%$93.2M-17.9%
Accounts Receivable$351.3M+34.6%$320.3M+26.7%$284.6M+33.9%$242.0M+19.2%$261.0M+22.5%$252.8M+19.2%$212.5M+1.7%$203.1M+6.4%
Long-Term Investments$3.0M0.0%$3.0M0.0%$3.0M0.0%$3.0M0.0%$3.0Mn/m$3.0M$3.0M$3.0M
Goodwill$700.7M+17.6%$701.8M+19.9%$704.4M+56.2%$592.3M+28.4%$595.7M+31.5%$585.4M+29.2%$451.1M-0.9%$461.2M+2.6%
Total Liabilities$1.3B+3.6%$1.7B+39.6%$1.9B+86.5%$1.4B+31.2%$1.2B+15.1%$1.2B+15.9%$1.0B-7.6%$1.0B-8.1%
Current Liabilities$680.5M+15.4%$652.5M+19.8%$489.6M+97.4%$497.5M+113.7%$589.7M+138.6%$544.7M+139.1%$248.0M-20.5%$232.8M-25.1%
Non-Current Liabilities$576.6M-7.6%$1.0B+55.9%$1.5B+83.0%$860.7M+7.2%$623.9M-22.7%$659.7M-18.7%$794.3M-2.7%$802.7M-1.6%
Long-Term Debt$397.1M+0.2%$836.3M+111.1%$1.2B+91.1%$640.5M+0.5%$396.3M-37.7%$396.1M-37.6%$639.3M+1.0%$637.6M+1.0%
Total Equity$1.4B+85.7%$846.5M+16.1%$834.3M+22.2%$723.9M+3.1%$780.2M+14.5%$728.8M+3.4%$682.8M-6.2%$702.1M+4.0%
Retained Earnings-$69.7Bn/m-$69.7Bn/m-$69.7Bn/m-$69.7Bn/m-$69.6Bn/m-$69.6Bn/m-$69.7Bn/m-$69.7Bn/m

VIAV Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIAV quarterly cash flow statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Cash Flow$66.7M+180.3%-$26.3M-437.2%$42.5M-4.9%$31.0M+129.6%$23.8M$7.8M-60.0%$44.7M+119.1%$13.5M-73.2%
Depreciation & Amortization$17.6M+58.6%$17.7M+68.6%$16.3M+50.9%$11.3M+4.6%$11.1M$10.5M-5.4%$10.8M-2.7%$10.8M-9.2%
Stock-Based CompensationN/A$13.9M-1.4%$13.9M+1.5%$13.4M+5.5%N/A$14.1M+10.2%$13.7M+9.6%$12.7M+13.4%
Capital Expenditures$11.1M+101.8%$5.9M-13.2%$5.6M-31.7%$8.5M+16.4%$5.5M$6.8M+112.5%$8.2M+41.4%$7.3M+9.0%
Free Cash Flow$55.6M+203.8%-$32.2M-3320.0%$36.9M+1.1%$22.5M+262.9%$18.3M$1.0M-93.9%$36.5M+150.0%$6.2M-85.8%
Investing Cash Flow-$9.5M-177.2%-$4.7Mn/m-$404.3Mn/m-$8.3Mn/m$12.3M-$124.9Mn/m-$4.3Mn/m-$11.5Mn/m
Financing Cash Flow$91.8Mn/m-$231.4Mn/m$582.9Mn/m$97.7Mn/m-$100K-$1.6Mn/m-$900Kn/m-$21.0Mn/m
Share Buybacks$0n/m$0n/m$0n/m$30.0M+82.9%$0$0n/m$0n/m$16.4M+64.0%

Not reported in any period shown, so not listed: Dividends Paid.

VIAV Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIAV quarterly financial ratios
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Gross Margin59.1%+2.8pp57.6%+1.1pp57.0%-2.3pp56.5%-0.6pp56.3%56.4%+0.4pp59.4%+1.2pp57.1%-1.1pp
Operating Margin13.8%+8.6pp6.1%+3.1pp3.1%-5.1pp2.5%-2.3pp5.3%3.0%+7.8pp8.2%-0.6pp4.8%-1.6pp
Net Margin7.4%+4.6pp1.6%-5.3pp-13.0%-16.4pp-7.1%-6.4pp2.8%6.9%+16.9pp3.4%-0.8pp-0.8%-4.7pp
Return on Equity2.3%+1.2pp0.8%-1.9pp-5.8%-7.1pp-3.0%-2.7pp1.0%2.7%+6.2pp1.3%-0.1pp-0.3%-1.7pp
Return on Assets1.2%+0.8pp0.3%-0.8pp-1.7%-2.3pp-1.0%-0.9pp0.4%1.0%+2.4pp0.5%0.0pp-0.1%-0.6pp
Current Ratio1.85+0.3x1.61+0.1x2.61-0.9x1.99-1.7x1.50-2.0x1.53-2.3x3.55+0.5x3.71+0.8x
Debt-to-Equity0.27-0.2x0.99+0.4x1.46+0.5x0.880.0x0.51-0.4x0.54-0.4x0.94+0.1x0.910.0x
Liabilities-to-Equity0.87-0.7x1.99+0.3x2.33+0.8x1.88+0.4x1.560.0x1.65+0.2x1.530.0x1.47-0.2x
Asset Turnover0.160.0x0.160.0x0.130.0x0.140.0x0.150.150.0x0.160.0x0.140.0x
FCF Margin12.6%+6.3pp-7.9%-8.3pp10.0%-3.5pp7.5%+4.9pp6.3%0.4%-6.3pp13.5%+7.7pp2.6%-15.0pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Viavi Solutions Inc. VIAV FY2026 $1.5B -$30.4M -2.0% $8.2B 64/100
Extreme Networks EXTR FY2026 $1.3B $42.1M 3.3% $3.0B 49/100
Ondas Inc. ONDS FY2025 $50.7M -$132.2M N/A $3.6B 56/100
Viasat Inc VSAT FY2026 $4.6B -$34.1M -0.7% $9.1B 39/100
Belden Inc. BDC FY2025 $2.7B $237.5M 8.8% $4.0B 58/100

Frequently Asked Questions

What is Viavi Solutions Inc.'s annual revenue?

Viavi Solutions Inc. (VIAV) reported $1.5B in total revenue for fiscal year 2026. This represents a 40.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Viavi Solutions Inc.'s revenue growing?

Viavi Solutions Inc. (VIAV) revenue grew by 40.0% year-over-year, from $1.1B to $1.5B in fiscal year 2026.

Is Viavi Solutions Inc. profitable?

No, Viavi Solutions Inc. (VIAV) reported a net loss of $30.4M in fiscal year 2026, with a net profit margin of -2.0%.

Viavi Solutions Inc. (VIAV) reported diluted earnings per share of -$0.13 for fiscal year 2026. This represents a -186.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Viavi Solutions Inc. (VIAV) had EBITDA of $168.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2026, Viavi Solutions Inc. (VIAV) had $647.8M in cash and equivalents against $397.1M in long-term debt.

Viavi Solutions Inc. (VIAV) had a gross margin of 57.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Viavi Solutions Inc. (VIAV) had an operating margin of 6.9% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Viavi Solutions Inc. (VIAV) had a net profit margin of -2.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Viavi Solutions Inc. (VIAV) has a return on equity of -2.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Viavi Solutions Inc. (VIAV) generated $82.8M in free cash flow during fiscal year 2026. This represents a 33.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Viavi Solutions Inc. (VIAV) generated $113.9M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Viavi Solutions Inc. (VIAV) had $2.7B in total assets as of fiscal year 2026, including both current and long-term assets.

Viavi Solutions Inc. (VIAV) invested $31.1M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Viavi Solutions Inc. (VIAV) invested $262.7M in research and development during fiscal year 2026.

Yes, Viavi Solutions Inc. (VIAV) spent $30.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Viavi Solutions Inc. (VIAV) had 247M shares outstanding as of fiscal year 2026.

Viavi Solutions Inc. (VIAV) had a current ratio of 1.85 as of fiscal year 2026, which is generally considered healthy.

Viavi Solutions Inc. (VIAV) had a debt-to-equity ratio of 0.27 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

Viavi Solutions Inc. (VIAV) had a liabilities-to-equity ratio of 0.87 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

Viavi Solutions Inc. (VIAV) had a return on assets of -1.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Viavi Solutions Inc. (VIAV) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $8.2B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Viavi Solutions Inc. (VIAV) trades at 5.4x sales, its market capitalization divided by $1.5B revenue, FY2026. The market capitalization is $8.2B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Viavi Solutions Inc. (VIAV) has an Altman Z-Score of -31.21, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Viavi Solutions Inc. (VIAV) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Viavi Solutions Inc. (VIAV) reported a net loss of $30.4M while generating $113.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Viavi Solutions Inc. (VIAV) has an interest coverage ratio of 2.22x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Viavi Solutions Inc. (VIAV) scores 64 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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