VIAV on Nasdaq

VIAVI Solutions

Logo: ™/®VIAVI Solutions Inc., Public domain, via Wikimedia Commons4

U.S. technology company

Viavi Solutions Inc. (stylized VIAVI Solutions), formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$1.5BRevenue, fiscal 20265
-$30.4MNet income, fiscal 20265
2015Founded1

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  • TickerVIAV on Nasdaq1
  • IndustrySemiconductors & Related Devices1
  • HeadquartersSan Jose1
  • Websitewww.viavisolutions.com
  • Incorporated inDE6
  • Business address1445 South Spectrum Blvd., Suite 102, Chandler, Az 852866
  • Filer categoryLarge accelerated filer6

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Viavi Solutions Inc. (stylized VIAVI Solutions), formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona. The company manufactures testing and monitoring equipment for networks. It also develops optical technology used for a range of applications including material quality control, currency anti-counterfeiting and 3D motion sensing, including Microsoft's Kinect video game controller.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

57.7%Gross margin5
6.9%Operating margin5
-2.0%Net margin5
40.0%Revenue growth, 20265
-2.1%Return on equity5
$82.8MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 87% of the revenue VIAVI Solutions broke down this way in fiscal 2026.

  1. Product$1.3B587%up 45% from 2025
  2. Service$193.7M513%up 12% from 2025
Products and services by year
Products and services202420252026
Product$834.8M$912.0M$1.3B
Service$165.6M$172.3M$193.7M

Business segments

Network and Service Enablement brought in 78% of the revenue VIAVI Solutions broke down this way in fiscal 2026.

  1. Network and Service Enablement$1.2B578%up 52% from 2025
  2. Optical Security and Performance Products Business$335.4M522%up 9% from 2025
Business segments by year
Business segments202420252026
Network and Service Enablement$702.0M$776.6M$1.2B
Optical Security and Performance Products Business$298.4M$307.7M$335.4M

Regions

United States brought in 38% of the revenue VIAVI Solutions broke down this way in fiscal 2026.

  1. United States$577.9M538%up 62% from 2025
  2. EMEA$365.4M524%up 31% from 2025
  3. China$258.8M517%up 20% from 2025
  4. Other Asia Pacific$211.1M514%up 28% from 2025
  5. Other Americas$105.1M57%up 52% from 2025
Regions by year
Regions202420252026
United States$325.4M$356.0M$577.9M
EMEA$263.2M$279.5M$365.4M
China$194.0M$215.1M$258.8M
Other Asia Pacific$152.5M$164.5M$211.1M
Other Americas$65.3M$69.2M$105.1M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue42¢$642.9M
  • Research and development17¢$262.7M
  • Selling, general and admin31¢$469.2M
  • Other costs6¢$96.0M
  • Income tax3¢$47.5M

Out of $1.5B in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending27¢$31.1M
  • Share buybacks26¢$30.0M
  • Kept or used elsewhere46¢$52.8M

Out of $113.9M of cash from operations.5

Financial statements

Revenue891011125$1.5B in 2026+34% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.1B$1.1B20192020: $1.1B$1.1B2020+1%2021: $1.2B$1.2B2021+6%2022: $1.3B$1.3B2022+8%2023: $1.1B$1.1B2023−14%2024: $1.0B$1.0B2024−10%2025: $1.1B$1.1B2025+8%2026: $1.5B$1.5B2026+40%
Gross profit891011125$875.4M in 2026+34% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $651.4M$651.4M20192020: $665.3M$665.3M2020+2%2021: $714.4M$714.4M2021+7%2022: $773.5M$773.5M2022+8%2023: $638.8M$638.8M2023−17%2024: $575.9M$575.9M2024−10%2025: $621.1M$621.1M2025+8%2026: $875.4M$875.4M2026+41%
Operating income891011125$105.1M in 2026+56% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $67.4M$67.4M20192020: $118.1M$118.1M2020+75%2021: $142.2M$142.2M2021+20%2022: $185.0M$185.0M2022+30%2023: $82.4M$82.4M2023−55%2024: $20.8M$20.8M2024−75%2025: $57.5M$57.5M2025+176%2026: $105.1M$105.1M2026+83%
Net income891011125-$30.4M in 2026
-$50.0M-$25.0M0$25.0M$50.0M$75.0M2019: $5.4M$5.4M20192020: $49.0M$49.0M2020+807%2021: $67.5M$67.5M2021+38%2022: $15.5M$15.5M2022−77%2023: $25.5M$25.5M2023+65%2024: -$25.8M-$25.8M20242025: $34.8M$34.8M20252026: -$30.4M-$30.4M2026

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2026-06-302025-06-302024-06-30
Total net revenue$1.5B$1.1B$1.0B
Amortization of acquired technologies$45.4M$19.5M$13.8M
Total cost of revenues$642.9M$463.2M$424.5M
Gross profit$875.4M$621.1M$575.9M
Research and development$262.7M$208.7M$201.9M
Selling, general and administrative$469.2M$349.4M$333.3M
Amortization of other intangibles$22.5M$4.8M$6.3M
Restructuring and related charges$15.9M$700.0K$13.6M
Total operating expenses$770.3M$563.6M$555.1M
Income from operations$105.1M$57.5M$20.8M
Loss on debt extinguishment (Note 11)-$56.7M$0$0
Interest and other income, net$15.3M$11.1M$21.7M
Interest expense-$47.4M-$30.0M-$30.9M
Income before income taxes and equity investment earnings$16.3M$38.6M$11.6M
Provision for income taxes$47.5M$4.4M$37.4M
Equity investment earnings$800.0K$600.0K$0
Net (loss) income-$30.4M$34.8M-$25.8M
Basic (usd per share)-$0.13$0.16-$0.12
Diluted (usd per share)-$0.13$0.15-$0.12
Basic (in shares)229.5M shares222.5M shares222.6M shares
Diluted (in shares)229.5M shares225.7M shares222.6M shares

Compare VIAVI Solutions with another company

The story

As JDSU

Viavi Solutions' history dates back to 1979 when Uniphase was started in a San Jose, California, garage, as a manufacturer of lasers for chip makers and scanners. Through mergers and acquisitions, the company eventually became known as JDS Uniphase, or simply JDSU. In August 2015, JDSU split into two new independent companies: Viavi Solutions and Lumentum Holdings, which was JDSU's former Communications and Commercial Optical products division.

Post-JDSU

In August 2015, after the JDSU split, former CEO Tom Waechter stepped down and Viavi Solutions appointed Richard Belluzzo as interim president and CEO.

In September 2015, the company announced the release of GigaStor Software Edition, software designed to capture packet data from software-defined networking (SDN) platforms, for purposes of performance and forensic analysis.

In February 2016, Belluzzo became Chairman and Oleg Khaykin became president and CEO. The same month, the company announced that Frontier Communications had selected Viavi's Ethernet Assurance Solution (EtherASSURE) for help with network performance management, troubleshooting and service level agreement (SLA) management. Also in February 2016, Viavi Solutions added functionality to its CellAdvisor Base Station Analyzer to allow baseband testing during tower installation, in order to reduce the number of tower climbs and improve safety. The company also announced the GEOson network automation and management tool for 4G and 5G network testing, developed with technology from earlier acquisitions of networking companies Reverb Networks and Arieso.

In March 2016, the company announced it had added a fully DOCSIS 3.1 (D3.1)-compliant signal meter to its OneExpert CATV Signal Analysis Meter, allowing service providers to test D3.1 signals in the field. Also in March 2016, the company announced MicroNIR near infrared spectrometer tools that allow quality control managers to inspect organic materials in the field.

In July 2016, the company partnered with fellow networking vendor Brocade to use Brocade's Packet Broker and Session Director tools to capture and send subscriber traffic to Viavi’s xSIGHT Targeted Subscriber Search (TSS) for analysis.

In March 2024, it was announced the board of Spirent – a British multinational telecommunications testing company, had accepted a £1 billion takeover offer from Viavi, but was subsequently outbid by Keysight with a £1.16 billion offer later that month. This led Spirent to withdraw its support for the Viavi deal and recommend Keysight's offer. On October 16, 2025, VIAVI Solutions Inc. acquired Spirent Communications plc’s high-speed Ethernet, network security and channel emulation testing business (collectively, the “HSE, Network Security and CE Business”) from Keysight Technologies, Inc.

From Wikipedia’s article on Viavi Solutions, shared under CC BY-SA 4.0.7

Leadership

Who has led VIAVI Solutions, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Thomas H. Waechter2015
  2. Oleg Khaykin2016–now

President

  1. David Gudmundson2007
  2. David W. Heard2011–2015
  3. Thomas H. Waechter2015
  4. Oleg Khaykin2016–now

Chief financial officer

  1. David Vellequette2006–2012
  2. Rex S. Jackson2012–2015
  3. Amar Maletira2015–2020
  4. Pamela K. Avent2020–2023
  5. Henk Derksen2021–2023
  6. Ilan Daskal2023–now
2010201520202025
Board members and other officers (49)

Products and brands

Network Enablement (NE)

The Network Enablement segment develops testing products for broadband/IP network operators to build and maintain their networks. The products are used in lab and production environments as well as in the field. NE products are divided into wireline, wireless and lab groups. The company also produces the StrataSync cloud management platform for remote data collection and management for its equipment.

Viavi's wireline NE group consists of performance monitoring; Ethernet service assurance; and video analytics and assurance products. The company produces compact optical network field testers under the brand name T-BERD in the US, and MTS in Europe. The devices support network rates up to 100G. The company produces the OneExpert line of handheld signal meters which are used to install and troubleshoot cable service (OneExpert CATV) up to DOCSIS 3.1 (D3.1) and telco service (OneExpert xDSL) up to G.fast.

The wireless NE group includes CellAdvisor, a portable tester for testing radio frequency (RF) signals over fiber. It allows baseband testing during cell tower installation, in order to reduce the number of tower climbs and improve safety.

Lab testing equipment in the NE group includes the Optical Network Tester (ONT) product family, which is designed for testing multi-protocol and multi-rate services, for optical network elements designed to carry 100G, 400G and other high-speed optical network technologies. The group also produces the Xgig 1000, a lab-based tester for iSCSI and Fibre Channel protocols used with Storage Area Networks.

Read the full text

Service Enablement (SE)

The SE segment provides systems and services for broadband/IP network operators and data centers.

EtherASSURE is Ethernet equipment for testing physical and virtual networks. xSIGHT is a customer service tool for mobile operators, for scaling and monitoring wireless technologies such as 4G. The GEOson network automation and management tool automates management of 4G and 5G networks by combining machine learning and geolocation data. The Observer family of service enablement products includes Observer Gigastor, a packet capture and analysis tool for enterprises, and Observer SightOps, a tool for cloud and on-premises monitoring. The Observer Gigastor product came from Viavi's-predecessor JDSU's 2013 acquisition of Network Instruments, and the Observer Sightops product came from a partnership with network monitoring company ScienceLogic.

Optical Security and Performance Products (OSP)

The OSP segment utilizes optical coating technology for anti-counterfeiting products, and other optics.

The anti-counterfeiting products are Optically Variable Pigment (OVP) and the newer Optically Variable Magnetic Pigment (OVMP), colors used in modern currency to create color shifting effects. The group also supports anti-counterfeiting efforts by producing hard to copy labels for pharmaceutical and consumer-electronics products.

The group's ChromaFlair color-shifting paint is used by automobile manufacturers.

The group's optical thin-film coating technology is used for light sensors; 3D sensors, used with Microsoft's Kinect video game platform; wafer level patterning; linear variable filters, and for coating large scale optics. The group also manufactures MicroNIR Spectrometers that are used in the field for real-time, non-destructive chemical and physical analysis of materials and monitoring of processes.

The group's optical products for aerospace and defense include optics for guidance systems, laser eye protection and signature management. The company makes optical coatings for space programs, such as the filter assembly NASA used in the OVIRS instrument for the OSIRIS-REx Mission which was sent to study a near-Earth asteroid, Bennu.

From Wikipedia’s article on Viavi Solutions, shared under CC BY-SA 4.0.7

Acquisitions

  1. Succeeded JDSU1

Former names

  • JDS UNIPHASE CORP /CA/Nov 15, 1999 to Jul 16, 20156
  • UNIPHASE CORP /CA/Feb 14, 1996 to Jul 12, 19996

Timeline

  1. Feb 5, 2016New chief executive Oleg Khaykin becomes CEO17
  2. May 22, 2015New chief executive Thomas H. Waechter becomes CEO18
  3. 2015Founded Founded1

Filings

560 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 52 major events, 325 insider forms, 27 large holders, 136 other. The latest 20:

  1. Oct 5, 2026SCHEDULE 13G/A EDGAR
  2. Oct 2, 2026ARS EDGAR
  3. Oct 2, 2026DEFA14A EDGAR
  4. Oct 2, 2026DEF 14A EDGAR
  5. Sep 23, 2026144 EDGAR
  6. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  7. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  8. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  9. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  10. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  11. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  12. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  13. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  14. Sep 11, 2026144 EDGAR
  15. Sep 11, 20264 PRIMARY DOCUMENT EDGAR
  16. Aug 31, 2026144 EDGAR
  17. Aug 31, 2026144 EDGAR
  18. Aug 31, 20264 PRIMARY DOCUMENT EDGAR
  19. Aug 31, 20264 PRIMARY DOCUMENT EDGAR
  20. Aug 31, 20264 PRIMARY DOCUMENT EDGAR

The 560 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 27 such filings since October 2021, the latest 10:

  1. Oct 5, 2026SCHEDULE 13G/A
  2. Aug 12, 2026SCHEDULE 13G/A
  3. Jul 31, 2026SCHEDULE 13G/A
  4. Jul 8, 2026SCHEDULE 13G/A
  5. May 14, 2026SCHEDULE 13G/A
  6. Apr 30, 2026SCHEDULE 13G
  7. Apr 29, 2026SCHEDULE 13G
  8. Mar 27, 2026SCHEDULE 13G/A
  9. Feb 17, 2026SCHEDULE 13G/A
  10. Feb 10, 2026SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.25,728,357$1.2B0.0%−9,509,250
Vanguard Portfolio Management LLC13,615,684$650.1M0.0%−4,121,737
Vanguard Capital Management LLC10,903,636$520.6M0.0%+550,829
Jane Street Group, LLC9,293,469$443.8M0.3%+9,062,800
Capital World Investors9,155,607$437.2M0.1%−2,414,712
State Street Corp7,762,376$370.7M0.0%−1,494,924
Whale Rock Capital Management LLC6,875,942$328.3M2.6%+3,402,790
Geode Capital Management, LLC5,678,096$272.2M0.0%−606,886
Two Sigma Investments, LP5,586,573$266.8M0.2%+3,837,155
Invesco Ltd.5,571,633$266.0M0.0%−2,267,460
Millennium Management LLC5,275,585$251.9M0.2%+3,045,650
Wellington Management Group Llp3,800,053$181.5M0.0%−1,643,241
D. E. Shaw & Co., Inc.3,714,774$177.4M0.1%+3,149,530
Jpmorgan Chase & Co3,616,564$171.9M0.0%+2,332,917
Dimensional Fund Advisors LP3,400,577$162.4M0.0%−911,048
Norges Bank2,956,160$141.2M0.0%New
Bank Of America Corp /de/2,825,602$134.9M0.0%+237,709
Morgan Stanley2,793,158$133.4M0.0%−909,482
Fuller & Thaler Asset Management, Inc.2,746,116$131.1M0.4%+86,923
Goldman Sachs Group Inc2,736,336$130.7M0.0%+472,184
Arrowstreet Capital, Limited Partnership2,645,860$126.3M0.1%+1,870,672
Alliancebernstein L.P.3,584,420$119.3M0.0%+1,845,071
Analog Century Management LP2,267,067$108.3M4.0%−495,351
Northern Trust Corp2,102,718$100.4M0.0%−367,868
BNP PARIBAS ASSET MANAGEMENT Holding S.A.2,077,653$99.2M0.1%−395,138

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

17 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jul 21, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+17.6%Report
May 4, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+37.3%Report
Mar 27, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+15.4%Report
Mar 9, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000−12.1%Report
Nov 13, 2025Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000−102.6%Report
Jul 19, 2024Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+353.6%Report
Jun 18, 2024Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000−348.3%Report
Oct 16, 2023Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+275.3%Report
Sep 15, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000−199.7%Report
Jan 25, 2021Thomas R Carper, SenateSale$1,001 - $15,000−29.3%Report
Nov 20, 2020Thomas R Carper, SenateBuy$1,001 - $15,000+51.8%Report
Oct 29, 2020Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+60.2%Report
Aug 12, 2020Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+31.5%Report
May 15, 2020Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+73.9%Report
May 11, 2020Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+46.3%Report
May 7, 2020Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+46.2%Report
May 5, 2020Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+33.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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