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VI

Viavi Solutions Inc.

VIAVTechnologyNASDAQ

Communication Equipment

PriceMA150MA200
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Financials · Annual
Revenue
$1.08B
+8.4% YoY
Net Income
$34.8M
+234.9% YoY
EBITDA
$128.9M
+30.7% YoY
Free Cash Flow
$171.9M

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About Viavi Solutions Inc.

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. At a $11.72B market cap, Viavi Solutions Inc. ranks as a large-cap company within technology. It operates in two segments, Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP).

Key stats
Market Cap$11.72B
Fwd P/E37.09
EPS$-0.25
Beta1.23
52W Change+410.6%
ROE-7.0%
Analysis

Viavi Solutions Inc. carries $1.14B in total debt against $500.8M in cash reserves — debt is roughly 2.3x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $171.9M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of -7.0% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.4% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $1.29B (2022) to $1.08B (2025), a 16% decline worth watching.

As with any equity investment, VIAV carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Viavi Solutions Inc.'s trajectory.

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