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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q4 FY262026-06-27 | Q3 FY262026-03-28 | Q2 FY262025-12-27 | Q1 FY262025-09-27 | Q4 FY252025-06-28 | Q3 FY252025-03-29 | Q2 FY252024-12-28 | Q1 FY252024-09-28 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $443.10M | $406.80M | $369.30M | $299.10M | $290.50M | $284.80M | $270.80M | $238.20M |
| Cost of revenue | $181.40M | $172.70M | $158.70M | $130.10M | $127.00M | $124.10M | $110.00M | $102.10M |
| Gross profit | $261.70M | $234.10M | $210.60M | $169.00M | $163.50M | $160.70M | $160.80M | $136.10M |
| Gross margin | 59.1% | 57.5% | 57.0% | 56.5% | 56.3% | 56.4% | 59.4% | 57.1% |
| Research and development | $69.80M | $71.00M | $65.90M | $56.00M | $57.20M | $50.00M | $52.10M | $49.40M |
| Selling, general and administrative | $124.30M | $113.60M | $127.10M | $104.20M | $89.70M | $101.30M | $84.30M | $74.10M |
| Operating expenses | $200.40M | $209.30M | $199.20M | $161.40M | $148.20M | $152.20M | $138.60M | $124.60M |
| Operating income | $61.30M | $24.80M | $11.40M | $7.60M | $15.30M | $8.50M | $22.20M | $11.50M |
| Operating margin | 13.8% | 6.1% | 3.1% | 2.5% | 5.3% | 3.0% | 8.2% | 4.8% |
| EBITDA | $90.90M | $72.80M | $40.10M | $25.50M | $33.00M | $24.80M | $37.50M | $25.60M |
| Interest expense | −$10.40M | −$14.30M | −$15.30M | −$7.40M | −$7.50M | −$7.50M | −$7.50M | −$7.50M |
| Income before taxes | $44.30M | $13.80M | −$38.70M | −$2.30M | $10.20M | $3.20M | $18.60M | $7.20M |
| Income taxes | $11.40M | $7.40M | $9.70M | $19.00M | $2.20M | −$16.30M | $9.50M | $9.00M |
| Net income | $32.70M | $6.40M | −$48.10M | −$21.40M | $8.00M | $19.50M | $9.10M | −$1.80M |
| Net margin | 7.4% | 1.6% | -13.0% | -7.2% | 2.8% | 6.8% | 3.4% | -0.8% |
| EPS, basic | $0.14 | $0.03 | −$0.21 | −$0.10 | $0.04 | $0.09 | $0.04 | −$0.01 |
| EPS, diluted | $0.15 | $0.03 | −$0.21 | −$0.10 | $0.03 | $0.09 | $0.04 | −$0.01 |
| Diluted shares | 221.70M | 249.50M | 223.90M | 222.90M | 229.10M | 226.90M | 224.80M | 222.00M |
Figures describe Viavi Solutions shares, not any token. As of Aug 13, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.