StockWatch
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Semiconductors
Quarterly ResultAug 5, 2026, 04:23 PM

VIAVI Q4 Revenue $443.1M, +52.5%; FY26 Revenue $1.5B, +40.0%

AI Summary

VIAVI Solutions Inc. reported strong preliminary results for its fiscal fourth quarter and full fiscal year ended June 27, 2026. For Q4, net revenue increased 52.5% year-over-year to $443.1 million, and non-GAAP diluted EPS rose 161.5% to $0.34. For the full fiscal year 2026, net revenue grew 40.0% to $1.5 billion, with non-GAAP diluted EPS up 112.8% to $1.00. The company also announced a modification to its non-GAAP presentation, excluding employer payroll taxes related to stock-based compensation, and provided a positive outlook for Q1 fiscal 2027.

Key Highlights

  • Q4 fiscal 2026 net revenue was $443.1 million, a 52.5% increase year-over-year.
  • Q4 fiscal 2026 non-GAAP diluted EPS was $0.34, up 161.5% year-over-year.
  • Fiscal year 2026 net revenue reached $1.5 billion, growing 40.0% year-over-year.
  • Fiscal year 2026 non-GAAP diluted EPS was $1.00, an increase of 112.8% year-over-year.
  • Network and Service Enablement segment revenue for Q4 was $353.9 million, up 69.2% YoY.
  • Optical Security and Performance Products segment revenue for Q4 was $89.2 million, up 9.6% YoY.
  • VIAVI expects Q1 fiscal 2027 net revenue between $450 million to $460 million.
  • VIAVI expects Q1 fiscal 2027 non-GAAP EPS between $0.40 to $0.42.