Filing Flows › Viavi Solutions (VIAV) › Q4 FY26 › vs Q3 FY26
Viavi Solutions (VIAV) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Viavi Solutions's revenue rose $36.3M (+9%) from $407M in Q3 FY26 to $443M in Q4 FY26. The biggest changes: Product +$35.9M (+10%); Service +$400K (+0.8%). Gross margin 59.1% against 57.5% (+1.5 pts).
Viavi Solutions, Q4 FY26: revenue $443M (+52% year over year), operating margin 13.8%, net earnings $32.7M, operating cash flow $66.7M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 59.1% | 57.5% | +1.5 pts |
| Operating margin | 13.8% | 6.1% | +7.7 pts |
| Net margin | 7.4% | 1.6% | +5.8 pts |
| Free cash flow margin | 12.5% | -7.9% | +20.5 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Product | $393M | $357M | $35.9M | +10% |
| Service | $50.2M | $49.8M | $400K | +0.8% |
| Revenue | $443M | $407M | $36.3M | +9% |
| Gross profit | $262M | $234M | $27.6M | +12% |
| Cost of revenue | $181M | $173M | $8.7M | +5% |
| Operating profit | $61.3M | $24.8M | $36.5M | +147% |
| Operating expenses | $200M | $209M | −$8.9M | -4% |
| Pre-tax earnings | $44.1M | $13.8M | $30.3M | +220% |
| Other expense, net | $17.2M | $11.0M | $6.2M | +56% |
| Research & development | $69.8M | $71.0M | −$1.2M | -2% |
| SG&A | $124M | $114M | $10.7M | +9% |
| Other operating costs | $6.3M | $24.7M | −$18.4M | -74% |
| Net earnings | $32.7M | $6.4M | $26.3M | +411% |
| Income tax | $11.4M | $7.4M | $4.0M | +54% |
| Depreciation & amortization | $17.6M | $17.7M | −$100K | -0.6% |
| Share-based compensation | $14.2M | $13.9M | $300K | +2% |
| Working capital & other | $2.2M | −$64.3M | $66.5M | — |
| Operating cash flow | $66.7M | −$26.3M | $93.0M | — |
| Free cash flow (OCF − capex) | $55.6M | −$32.2M | $87.8M | — |
| Capital expenditures | $11.1M | $5.9M | $5.2M | +88% |
Questions
How much did Viavi Solutions's revenue grow quarter over quarter in Q4 FY26?
Viavi Solutions's revenue rose $36.3M (+9%) from $407M in Q3 FY26 to $443M in Q4 FY26.
What drove Viavi Solutions's revenue change in Q4 FY26?
Product +$35.9M (+10%); Service +$400K (+0.8%).