# Viavi Solutions share price today (Viavi Solutions Inc., VIAV) > Viavi Solutions Inc.'s share price has risen faster than its earnings: +69.8% in a year, against −188.3% for earnings per share. VIAV · Technology · Communication Equipment · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/viav Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: $30.05 (+69.8% in a year) - P/E: 954.0× (higher than 92% of the last 3.8 years) - Revenue (Jun 2026): $443 M (+52.5% on a year ago) - Profit (Jun 2026): $32.7 M (+308.7% on a year ago) - Operating margin: 14.3% (+8.9 points on a year ago) - ROE: −2%, FY26 - ROIC: −20.4%, against a 8.9% cost of capital: −29.3 points The main question: the share price moved +69.8% in a year while yearly earnings per share moved −188.3%. The difference came from the market paying a higher multiple. ## What is the Viavi Solutions share price today? Viavi Solutions Inc.'s share price was $30.05 at the close on 3 November 2026. It has been moving sideways for 4 weeks. That is 22.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $16 and $55, and at that close it sat 36% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 4 weeks running. Over the last 10 years the share price moved +345% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Viavi Solutions pay? Viavi Solutions Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Viavi Solutions on? Viavi Solutions is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is Viavi Solutions profitable? Viavi Solutions Inc. earned $32.7 M of net profit in the Jun 2026 quarter, +308.7% on the same quarter a year earlier. The full FY26 year was a loss of $30.4 M. That is 7.4% of the quarter's revenue. The same quarter a year earlier earned $8.0 M. 5 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was −$30.4 M (−187.4% on the year before). Why profit moved: revenue changed +52.5% on a year earlier and the margin moved +8.9 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −129.0% and revenue +39.3%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Viavi Solutions make, and is it growing? Viavi Solutions Inc. reported $443 M of revenue in the Jun 2026 quarter, +52.5% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 5 years it has grown 4.8% a year on average. The last full year, FY26, came in at $1.5 B. The last four reported quarters add to $1.5 B. FY26 revenue was $1.5 B, +40.0% on the year before. Recent pace: the last four quarters grew +39.3% on average, against 4.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +40.0%, against +23.2% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Viavi Solutions keep? Viavi Solutions Inc.'s operating margin was 14.3% in the Jun 2026 quarter, 8.9 percentage points higher than the same quarter a year ago. Across 6 years it has been between 2.5% and 14.3%. The latest quarter is within that range. Why the margin moved: operating margin changed +8.9 percentage points on the year while gross margin changed +2.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Viavi Solutions' profit turning into cash? Over the last 3 years, 504% of Viavi Solutions Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $114 M of operating cash against −$30.4 M of profit. After $31.1 M of spending on assets, $82.8 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Viavi Solutions' cash go? Viavi Solutions Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $78.4 M on assets over the last 3 years. Averaged over those years that is 1.7% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $78.4 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Viavi Solutions' P/E ratio, and how does it compare with its own history? Viavi Solutions Inc.'s P/E is 954.0×, near the high end of its own history: higher than 92% of past readings. Its usual P/E (the middle reading) is 293.7×, over 3.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −188.3% while the price moved +69.8%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +53.5% a year; about −31.4% a year came from earnings growth and about +84.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Viavi Solutions business getting better or worse? Viavi Solutions Inc.'s business is getting worse. Profit and EPS growth are shrinking: profit growth is −187.4% in the latest quarter, against −93.5% at its best in 12 quarters, with ROCE rising at 5.6%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Viavi Solutions earn on its capital? Viavi Solutions Inc. earned a ROE of −2% in FY26. That is up from a low of −4% in FY24. Its return on capital used (ROIC) is 29.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −2.0% net margin and 0.56× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −2.0% net margin × 0.56× asset turnover × 1.87× leverage (assets divided by equity) ≈ −2.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −20.4% − 8.9% = −29.3 percentage points. The 8.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −20.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at −23.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Viavi Solutions have too much debt? Viavi Solutions Inc. has total debt of $699 M against shareholder equity of $1.4 B as of Jun 2026, so its debt is 0.48× its equity. Year by year, that ratio went from 0.89 in FY21 to 0.48 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Viavi Solutions shareholding pattern? 4.9% of Viavi Solutions Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Viavi Solutions from balance-sheet trouble? For Viavi Solutions Inc., the Z-score is −32.28. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of −32.28 is inside the danger zone, so the balance sheet is a real risk. ## How does Viavi Solutions rank in its industry? 46.1 out of 100, rank 16 of 29 in Communication Equipment, with 71% of the evidence available. Viavi Solutions Inc. scores 46.1 out of 100 against the 29 companies it is compared with in Communication Equipment, ranking 16. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.4 + 11.3 + 11.4 + 4 = 46.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Viavi Solutions compared with? Viavi Solutions ranks 16 of 29 Communication Equipment companies on the 4-Factor Sector Score, with 46.1 out of 100. 1. [Zebra Technologies Corporation](https://www.sectoralpha.in/us/stocks/zbra) ZBRA · losing its lead · Too little evidence to rank firmly · 58% evidence 71.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue n/a · Profit n/a · Operating margin change 6.7 points · 45% evidence Capital efficiency 19.8/25 · ROCE 20.9% · Operating margin 21.3% · 76% evidence Valuation 10.3/20 · P/E 23.6× · PEG n/a · 15% evidence Relative strength 17.8/20 · Lead over its industry 19.5% · Lead over S&P 500 14.7% · 1 year 27% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.2 + 19.8 + 10.3 + 17.8 = 71.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Cisco Systems, Inc.](https://www.sectoralpha.in/us/stocks/csco) CSCO · quiet · Most evidence points up · 85% evidence 70.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 11.8% · Profit 30.3% · Operating margin change 6.6 points · 95% evidence Capital efficiency 19.6/25 · ROCE 18.2% · Operating margin 27.7% · 76% evidence Valuation 12.8/20 · P/E 33.9× · PEG 1.09 · 65% evidence Relative strength 13.3/20 · Lead over its industry 8% · Lead over S&P 500 2.1% · 1 year 44.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.5 + 19.6 + 12.8 + 13.3 = 70.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Motorola Solutions, Inc.](https://www.sectoralpha.in/us/stocks/msi) MSI · leader · Too little evidence to rank firmly · 58% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue n/a · Profit n/a · Operating margin change 0.8 points · 45% evidence Capital efficiency 20.6/25 · ROCE 22.9% · Operating margin 27.4% · 76% evidence Valuation 9.7/20 · P/E 32.9× · PEG n/a · 15% evidence Relative strength 18.4/20 · Lead over its industry 14.1% · Lead over S&P 500 9.1% · 1 year 25.7% · 100% evidence · 10 of 12 weeks ahead Exact sum: 16.7 + 20.6 + 9.7 + 18.4 = 65.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Ubiquiti Inc.](https://www.sectoralpha.in/us/stocks/ui) UI · quiet · Evidence leans up · 81% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue 27.2% · Profit 35% · Operating margin change 1.9 points · 83% evidence Capital efficiency 21.9/25 · ROCE 75.4% · Operating margin 36.3% · 76% evidence Valuation 13.7/20 · P/E 33.7× · PEG 0.97 · 65% evidence Relative strength 7.4/20 · Lead over its industry -15.2% · Lead over S&P 500 -19.4% · 1 year -10.9% · 100% evidence · 4 of 12 weeks ahead Exact sum: 19.4 + 21.9 + 13.7 + 7.4 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Hewlett Packard Enterprise Company](https://www.sectoralpha.in/us/stocks/hpe) HPE · losing its lead · Evidence leans up · 85% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 26.6% · Profit 100% · Operating margin change 7.2 points · 95% evidence Capital efficiency 12.1/25 · ROCE 6.6% · Operating margin 12.6% · 76% evidence Valuation 5.9/20 · P/E 23.7× · PEG 3.75 · 65% evidence Relative strength 17.4/20 · Lead over its industry 46% · Lead over S&P 500 36.6% · 1 year 126.4% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.8 + 12.1 + 5.9 + 17.4 = 62.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Extreme Networks, Inc.](https://www.sectoralpha.in/us/stocks/extr) EXTR · quiet · Evidence leans up · 74% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 12.6% · Profit n/a · Operating margin change 7 points · 62% evidence Capital efficiency 13.7/25 · ROCE 12.5% · Operating margin 6.4% · 76% evidence Valuation 5.6/20 · P/E 100.5× · PEG 3.23 · 65% evidence Relative strength 16.8/20 · Lead over its industry 10.2% · Lead over S&P 500 3.8% · 1 year 30.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.5 + 13.7 + 5.6 + 16.8 = 58.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Harmonic Inc.](https://www.sectoralpha.in/us/stocks/hlit) HLIT · basing · Too little evidence to rank firmly · 56% evidence 56.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue n/a · Profit n/a · Operating margin change 10.3 points · 39% evidence Capital efficiency 14.3/25 · ROCE 11.9% · Operating margin 18% · 76% evidence Valuation 10.9/20 · P/E -24.2× · PEG n/a · 15% evidence Relative strength 8.5/20 · Lead over its industry -8.5% · Lead over S&P 500 -13.3% · 1 year 1.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 14.3 + 10.9 + 8.5 = 56 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Lumentum Holdings Inc.](https://www.sectoralpha.in/us/stocks/lite) LITE · losing its lead · Evidence leans up · 64% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/35 · Revenue 83.2% · Profit n/a · Operating margin change 28.7 points · 62% evidence Capital efficiency 13.4/25 · ROCE 11.3% · Operating margin 28% · 76% evidence Valuation 8.7/20 · P/E 114.5× · PEG n/a · 15% evidence Relative strength 7.1/20 · Lead over its industry 0.1% · Lead over S&P 500 -7.8% · 1 year 183.3% · 100% evidence · 6 of 12 weeks ahead Exact sum: 25.7 + 13.4 + 8.7 + 7.1 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Ciena Corporation](https://www.sectoralpha.in/us/stocks/cien) CIEN · quiet · Evidence leans up · 85% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.9/35 · Revenue 32.6% · Profit 100% · Operating margin change 11.9 points · 95% evidence Capital efficiency 17.0/25 · ROCE 12.9% · Operating margin 18.1% · 76% evidence Valuation 4.4/20 · P/E 81.6× · PEG 4.67 · 65% evidence Relative strength 2.4/20 · Lead over its industry -15.4% · Lead over S&P 500 -21.7% · 1 year 50.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 30.9 + 17 + 4.4 + 2.4 = 54.7 · What this means: Earnings are strong; relative strength in its sector is -15.4% and the one-year return is 50.6%. 10. [AudioCodes Ltd.](https://www.sectoralpha.in/us/stocks/audc) AUDC · breaking out · Evidence leans up · 74% evidence 54.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue 2.9% · Profit -50% · Operating margin change 0.8 points · 62% evidence Capital efficiency 10.2/25 · ROCE 6.5% · Operating margin 5.1% · 76% evidence Valuation 11.5/20 · P/E 34.7× · PEG 1.32 · 65% evidence Relative strength 17.8/20 · Lead over its industry 11.4% · Lead over S&P 500 6.6% · 1 year 11.5% · 100% evidence · 8 of 12 weeks ahead Exact sum: 15.1 + 10.2 + 11.5 + 17.8 = 54.6 · What this means: Relative strength against the index is 6.6%, and revenue and profit growth are weak. 11. [Digi International Inc.](https://www.sectoralpha.in/us/stocks/dgii) DGII · losing its lead · Evidence leans up · 81% evidence 52.8 out of 100 Growth Capital Valuation Relative 12. [Belden Inc.](https://www.sectoralpha.in/us/stocks/bdc) BDC · quiet · Evidence leans down · 81% evidence 48.1 out of 100 Growth Capital Valuation Relative 13. [BK Technologies Corporation](https://www.sectoralpha.in/us/stocks/bkti) BKTI · basing · Evidence leans down · 81% evidence 47.8 out of 100 Growth Capital Valuation Relative 14. [Clearfield, Inc.](https://www.sectoralpha.in/us/stocks/clfd) CLFD · turning · Too little evidence to rank firmly · 56% evidence 46.6 out of 100 Growth Capital Valuation Relative 15. [Viasat, Inc.](https://www.sectoralpha.in/us/stocks/vsat) VSAT · quiet · Evidence leans down · 64% evidence 46.2 out of 100 Growth Capital Valuation Relative 16. Viavi Solutions Inc. this page VIAV · quiet · Evidence leans down · 71% evidence 46.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue 39.9% · Profit -185.7% · Operating margin change 8.9 points · 83% evidence Capital efficiency 11.3/25 · ROCE 8.4% · Operating margin 14.3% · 76% evidence Valuation 11.4/20 · P/E -383.9× · PEG n/a · 15% evidence Relative strength 4.0/20 · Lead over its industry -9.4% · Lead over S&P 500 -16.5% · 1 year 68.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.4 + 11.3 + 11.4 + 4 = 46.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 17. [Lantronix, Inc.](https://www.sectoralpha.in/us/stocks/ltrx) LTRX · losing its lead · Evidence leans down · 64% evidence 45.6 out of 100 Growth Capital Valuation Relative 18. [Aviat Networks, Inc.](https://www.sectoralpha.in/us/stocks/avnw) AVNW · basing · Too little evidence to rank firmly · 58% evidence 45.0 out of 100 Growth Capital Valuation Relative 19. [Frequency Electronics, Inc.](https://www.sectoralpha.in/us/stocks/feim) FEIM · losing its lead · Evidence leans down · 75% evidence 43.3 out of 100 Growth Capital Valuation Relative 20. [Gilat Satellite Networks Ltd.](https://www.sectoralpha.in/us/stocks/gilt) GILT · quiet · Evidence leans down · 81% evidence 43.0 out of 100 Growth Capital Valuation Relative 21. [Nokia Oyj](https://www.sectoralpha.in/us/stocks/nok) NOK · quiet · Evidence leans down · 75% evidence 43.0 out of 100 Growth Capital Valuation Relative 22. [AST SpaceMobile, Inc.](https://www.sectoralpha.in/us/stocks/asts) ASTS · quiet · Evidence leans down · 64% evidence 39.8 out of 100 Growth Capital Valuation Relative 23. [ADTRAN Holdings, Inc.](https://www.sectoralpha.in/us/stocks/adtn) ADTN · basing · Evidence leans down · 64% evidence 39.1 out of 100 Growth Capital Valuation Relative 24. [Applied Optoelectronics, Inc.](https://www.sectoralpha.in/us/stocks/aaoi) AAOI · quiet · Evidence leans down · 61% evidence 37.8 out of 100 Growth Capital Valuation Relative 25. [NETGEAR, Inc.](https://www.sectoralpha.in/us/stocks/ntgr) NTGR · quiet · Evidence leans down · 64% evidence 37.5 out of 100 Growth Capital Valuation Relative 26. [Ondas Inc.](https://www.sectoralpha.in/us/stocks/onds) ONDS · quiet · Evidence leans down · 64% evidence 36.0 out of 100 Growth Capital Valuation Relative 27. Ceragon Networks Ltd. CRNT · basing · Most evidence points down · 64% evidence 34.8 out of 100 Growth Capital Valuation Relative 28. [Telesat Corporation](https://www.sectoralpha.in/us/stocks/tsat) TSAT · losing its lead · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative 29. [Vistance Networks, Inc.](https://www.sectoralpha.in/us/stocks/visn) VISN · basing · Most evidence points down · 65% evidence 30.7 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Communication Equipment](https://www.sectoralpha.in/us/sectors/communication-equipment), all 29 compared on one page. ## Which companies are close to Viavi Solutions in size? Viavi Solutions is the 12th largest of 30 Communication Equipment companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Zebra Technologies Corporation, AST SpaceMobile, Inc. and Viasat, Inc. Just below it: Applied Optoelectronics, Inc., Belden Inc. and Ondas Inc. ### Communication Equipment companies close in size 1. [Zebra Technologies Corporation](https://www.sectoralpha.in/us/stocks/zbra) $15.6 billion 2. [AST SpaceMobile, Inc.](https://www.sectoralpha.in/us/stocks/asts) $14.5 billion 3. [Viasat, Inc.](https://www.sectoralpha.in/us/stocks/vsat) $10.4 billion 4. Viavi Solutions Inc. $7.4 billion 5. [Applied Optoelectronics, Inc.](https://www.sectoralpha.in/us/stocks/aaoi) $5.8 billion 6. [Belden Inc.](https://www.sectoralpha.in/us/stocks/bdc) $4.2 billion 7. [Ondas Inc.](https://www.sectoralpha.in/us/stocks/onds) $3.3 billion [All 30 Communication Equipment companies, largest first](https://www.sectoralpha.in/us/sectors/communication-equipment#all-companies) ### Companies close in size in other industries 1. [BBB Foods Inc.](https://www.sectoralpha.in/us/stocks/tbbb) $6.9 billion · Discount Stores 2. [Matador Resources Company](https://www.sectoralpha.in/us/stocks/mtdr) $6.9 billion · Oil & Gas Exploration & Production 3. Viavi Solutions Inc. $6.9 billion 4. [Ionis Pharmaceuticals, Inc.](https://www.sectoralpha.in/us/stocks/ions) $6.9 billion · Biotechnology 5. [QMMM Holdings Limited](https://www.sectoralpha.in/us/stocks/qmmm) $6.8 billion · Advertising Agencies ## What else do people ask about Viavi Solutions? ### What were Viavi Solutions's latest quarterly results? Viavi Solutions Inc. reported revenue of $443 M and net profit of $32.7 M for the Jun 2026 quarter. Revenue rose 52.5% and profit rose 308.7% compared with a year earlier. Earnings per share were $0.13. The operating margin was 14.3%, 8.9 percentage points higher than a year earlier (as of 3 November 2026). ### What is Viavi Solutions's market cap? Viavi Solutions Inc.'s market capitalisation is $7.4 B at a stock price of $30.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Viavi Solutions performing? Viavi Solutions Inc.'s share price has been moving sideways for 4 weeks. In its latest quarter, revenue rose 52.5% and profit rose 308.7% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 4 weeks running (as of 3 November 2026). ### Will Viavi Solutions's stock price go up? This page does not forecast Viavi Solutions Inc.'s stock price. What it shows instead: the stock price is $30.05, and it has been moving sideways for 4 weeks. Its P/E of 954.0× is higher than 92% of its own last 4 years (as of 3 November 2026). ### Is Viavi Solutions's profit real cash? Yes, over the last 3 years, 504% of Viavi Solutions Inc.'s reported profit came in as cash from operations. The latest year was lower at -375%, so the trend is worth watching. In FY26, operating cash was $114 M against reported profit of −$30.4 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Viavi Solutions in its business cycle? Viavi Solutions Inc.'s FY26 operating margin was 11.3%, against a 6-year range of 2.5% to 14.3%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Viavi Solutions story? The main question: the share price moved +69.8% in a year while yearly earnings per share moved −188.3%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Viavi Solutions a stock worth studying right now? What the numbers show: Viavi Solutions Inc.'s share price has risen faster than its earnings: +69.8% in a year, against −188.3% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.