Viavi Solutions Q4 Revenue Up 15.3%, Exceeding Analyst Estimates

Viavi Solutions reported a 15.3% YoY increase in Q4 revenue, exceeding analyst estimates. Non-GAAP EPS rose 62.5% YoY. Growth was driven by the data center and aerospace & defense segments. For Q1 FY26, the company expects revenue between $290 mln and $298 mln and non-GAAP EPS of $0.13 to $0.14.

Viavi Solutions (NASDAQ: VIAV) announced robust financial results for its fiscal fourth quarter and fiscal year ended June 28, 2025. The company reported a 15.3% year-over-year (YoY) increase in net revenue, exceeding analyst estimates. Non-GAAP earnings per share (EPS) rose by 62.5% YoY, driven by growth in the data center and aerospace & defense segments.

The company's fiscal fourth quarter net revenue was $290.5 million, up $38.5 million or 15.3% from the same period last year. The GAAP operating margin improved to 5.3%, up 760 basis points (bps) from the prior year, while the non-GAAP operating margin reached 14.4%, up 350 bps. GAAP net income was $8.0 million, up $29.7 million or 136.9% YoY, and non-GAAP net income was $29.7 million, up $12.6 million or 73.7% YoY.

For the full fiscal year 2025, net revenue increased to $1.08 billion, up $83.9 million or 8.4% YoY. The GAAP operating margin remained at 5.3%, up 320 bps from the prior year, and the non-GAAP operating margin improved to 14.2%, up 270 bps. GAAP net income was $34.8 million, up $60.6 million or 234.9% YoY, and non-GAAP net income reached $105.4 million, up $31.9 million or 43.4% YoY.

Oleg Khaykin, VIAVI's President and Chief Executive Officer, commented, "VIAVI had a strong finish to Fiscal 2025, with fourth quarter performance at the high end of our guidance. During the year, we saw stabilization in our base businesses, the service provider test and measurement segment, and optical security pigments. Our recovery was further accelerated by the high growth in our data center ecosystem and aerospace & defense segments. We expect the positive momentum in our end markets to continue through calendar year 2025."

For the first quarter of fiscal 2026, ending September 27, 2025, the company expects net revenue to be between $290 million to $298 million and non-GAAP EPS to be between $0.13 to $0.14.

References:

[1] https://www.prnewswire.com/news-releases/viavi-announces-fiscal-fourth-quarter-and-fiscal-year-2025-results-302524427.html