Is Viavi Solutions (VIAV) overvalued or fairly valued?

MarketChacha shows Viavi Solutions's valuation in context — a forward P/E of about 17.9, a price-to-book of about 6.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Viavi Solutions's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (105.90×) from reported figures — education, not a rating.

What is Viavi Solutions's revenue?

Viavi Solutions reported revenue of $1.5B for FY2026, with net profit of $-30.4M, per official filings.

What is the share price of Viavi Solutions (VIAV)?

Viavi Solutions last traded at $34.73 (-0.7% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Viavi Solutions

VIAV · NYSE · Technology · United States

Snapshot

TickerVIAV

ExchangeNYSE

SectorTechnology

IndustryCommunication Equipment

CountryUnited States

Employees4,100

HeadquartersChandler, United States

Websitewww.viavisolutions.com

Filings tracked20

About Viavi Solutions

Viavi Solutions Inc. engages in the provision of test and measurement and optical technologies for military, aerospace, railway and first responder communications in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides integrated portfolio of test, monitoring, assurance, and resilient PNT solutions that enable and secure critical infrastructure. This segment also offers instruments, microprobes, and perpetual software licenses that support the development, production, maintenance, and optimization of network systems, as well as repair, calibration, extended warranty, software support, technical assistance, training, and consulting services. The 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 was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.

Who owns it

Insiders1.2%
Institutions98.8%
Public & other0.0%

744 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.46%
Vanguard Portfolio Management LLC5.54%
Price (T.Rowe) Associates Inc4.53%
Vanguard Capital Management LLC4.43%
Jane Street Group, LLC3.78%
Capital World Investors3.72%
State Street Corporation3.16%
Whale Rock Capital Management LLC2.80%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 4.3 points over the period — profitability is trending down.

Cash conversion105.90×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend2.3% → -2.0%

Margin has compressed by about 4.3 points over the period — profitability is trending down.

Return on equity-2.1%

Latest ROE of -2.1% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $467.6M · EPS 0.40

Est. earnings growth +83.5%

Next fiscal year

Rev $2.1B · EPS 1.95

Est. earnings growth +18.7%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$1.5B

Net margin

-2.0%

ROE

-2.1%

Revenue CAGR (3y)

+11.1%

EPS (FY2026)

-0.13

Net profit (FY2026)

$-30.4M

Ask MarketChacha about VIAV

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$1.5B	$-30.4M	-0.13	-2.0%	-2.1%
FY2025	$1.1B	$34.8M	0.15	3.2%	4.5%
FY2024	$1.0B	$-25.8M	-0.12	-2.6%	-3.8%
FY2023	$1.1B	$25.5M	0.11	2.3%	3.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$406.8M	$6.4M	0.03	1.6%
2025Q4	$369.3M	$-48.1M	-0.21	-13.0%
2025Q3	$299.1M	$-21.4M	-0.10	-7.2%
2025Q1	$284.8M	$19.5M	0.09	6.8%
2024Q4	$270.8M	$9.1M	0.04	3.4%
2024Q3	$238.2M	$-1.8M	-0.01	-0.8%
2024Q1	$246.0M	$-24.6M	-0.11	-10.0%
2023Q4	$254.5M	$10.7M	0.05	4.2%
2023Q3	$247.9M	$9.8M	0.04	4.0%
2023Q2	$247.8M	$-15.4M	-0.07	-6.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-K filing
SEC8/13/2026
8-K — Results of operations, Exhibits
SEC8/5/2026material
8-K — Other events, Exhibits
SEC5/21/2026material
8-K — Executive/director change
SEC5/18/2026material
10-Q filing
SEC4/30/2026
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC1/29/2026
8-K — Results of operations, Costs from exit/disposal, Exhibits
SEC1/28/2026material

2025

8-K — Material agreement, Unregistered equity sale, Exhibits
SEC12/16/2025material
8-K — Bylaw/charter change, Shareholder vote results
SEC11/18/2025material
10-Q filing
SEC10/30/2025
8-K — Results of operations, Exhibits
SEC10/29/2025material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC10/16/2025material
8-K — Material agreement, Material financial obligation, Unregistered equity sale, Exhibits
SEC8/25/2025material
8-K — Unregistered equity sale
SEC8/19/2025material
8-K/A — Executive/director change
SEC8/18/2025
8-K — Material agreement, Other events, Exhibits
SEC8/14/2025material
10-K filing
SEC8/11/2025
8-K — Results of operations, Exhibits
SEC8/7/2025material
8-K — Executive/director change
SEC7/30/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.