← VIAVI SOLUTIONS INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $906.3m | $811.4m | $880.4m | $1.1b | $1.1b | $1.2b | $1.3b | $1.1b | $1.0b | $1.1b | |
| Cost of Revenue | $356.6m | $325.4m | $388.2m | $478.9m | $471.0m | $484.5m | $518.9m | $467.3m | $424.5m | $463.2m | |
| Gross Profit | $549.7m | $486.0m | $492.2m | $651.4m | $665.3m | $714.4m | $773.5m | $638.8m | $575.9m | $621.1m | |
| Operating Expenses | $634.0m | $472.4m | $487.1m | $584.0m | $547.2m | $572.2m | $588.5m | $556.4m | $555.1m | $563.6m | |
| Operating Income (Loss) | ($84.3m) | $13.6m | $5.1m | $67.4m | $118.1m | $142.2m | $185.0m | $82.4m | $20.8m | $57.5m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $14.6m | $14.0m | $21.0m | $38.1m | $35.1m | $33.3m | $9.7m | $8.7m | $6.3m | $4.8m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.6m) | $900k | ($1.3m) | ($2.9m) | $2.1m | $0 | $1.4m | ($2.2m) | ($3.1m) | ($1.7m) | |
| Gain (Loss) on Investments | $71.6m | $203.1m | ($100k) | ($500k) | ($100k) | $0 | $0 | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $0 | $0 | — | — | — | — | — | $6.7m | $0 | $0 | |
| Goodwill, Impairment Loss | $91.4m | $0 | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $1 | ($0) | $0 | $0 | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $1 | ($0) | $0 | $0 | $0 | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | — | $600k | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($45.9m) | $186.6m | ($32.6m) | $39.3m | $94.0m | $109.4m | $65.1m | $60.7m | $11.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($50.4m) | $165.3m | ($46.0m) | $7.8m | $28.7m | $46.1m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($48.8m) | $1.6m | $0 | ($2.4m) | $0 | $0 | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | ($99.2m) | $166.9m | ($46.0m) | $5.4m | $28.7m | $46.1m | $15.5m | $25.5m | ($25.8m) | $34.8m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($99.2m) | $1 | ($0) | $0 | $0 | $0 | $15.5m | $25.5m | ($25.8m) | $34.8m | |
| Earnings Per Share, Basic | — | $0.73 | ($0.20) | $0.02 | $0.13 | $0.20 | $0.07 | $0.11 | ($0.12) | $0.16 | |
| Earnings Per Share, Diluted | — | $0.71 | ($0.20) | $0.02 | $0.12 | $0.20 | $0.07 | $0.11 | ($0.12) | $0.15 | |
| Weighted Average Number of Shares Outstanding, Basic | 234.0m | 229.9m | 227.1m | 228.1m | 229.4m | 228.7m | 230.9m | 224.6m | 222.6m | 222.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 234.0m | 234.5m | 227.1m | 231.2m | 233.7m | 235.9m | 238.2m | 226.6m | 222.6m | 225.7m | |
| Research and Development Expense | $166.4m | $136.3m | $133.3m | $187.0m | $193.6m | $203.0m | $213.2m | $206.9m | $201.9m | $208.7m | |
| Selling, General and Administrative Expense | $351.1m | $300.5m | $324.5m | $343.5m | $315.0m | $337.5m | $365.7m | $328.7m | $333.3m | $349.4m | |
| Other Nonoperating Income (Expense) | $2.5m | $13.1m | $9.7m | $6.7m | $9.6m | $3.3m | $5.2m | $7.6m | $21.7m | $11.1m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $30.9m | $30.0m | |
| Interest Expense | $35.7m | $43.2m | $47.3m | $34.3m | $33.7m | $36.1m | $23.3m | $27.1m | $30.9m | $30.0m | |
| Interest Expense, Debt | $35.7m | $43.2m | $47.3m | $34.3m | $33.7m | $36.1m | $23.3m | $27.1m | $30.9m | $30.0m | |
| Restructuring Costs | — | — | — | — | — | — | — | $12.1m | $13.6m | $700k | |
| Income Tax Expense (Benefit) | $4.5m | $21.3m | $13.4m | $31.5m | $65.3m | $63.3m | $49.6m | $35.2m | $37.4m | $4.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.