Filing Flows › Viavi Solutions (VIAV) › How it makes money
How Viavi Solutions (VIAV) makes money
Viavi Solutions (VIAV) made $469M of revenue in the first quarter fiscal 2027 (Q1 FY27), +57% from a year earlier. Product revenue brought in $416M (89%); Service revenue brought in $53.6M (11%). Of every dollar of revenue, 61¢ was left as gross profit, 17¢ was left as operating profit, 16¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q1 FY27
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Product revenue | $416M | 88.6% | +6% | +61% |
| Service revenue | $53.6M | 11.4% | +7% | +29% |
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $469M | 100.0% |
| Cost of revenue | $182M | 38.8% |
| Gross profit | $287M | 61.2% |
| Operating expenses | $206M | 43.8% |
| Operating profit | $81.7M | 17.4% |
| Income tax | $11.9M | 2.5% |
| Net earnings | $76.0M | 16.2% |
| Operating cash flow | $105M | 22.3% |
| Free cash flow | $92.7M | 19.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $469M | +57% |
| Q4 FY26 | $443M | +52% |
| Q3 FY26 | $407M | +43% |
| Q2 FY26 | $369M | +36% |
| Q1 FY26 | $299M | +26% |
| Q4 FY25 | $290M | +15% |
| Q3 FY25 | $285M | +16% |
From Viavi Solutions' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Viavi Solutions make money?
Viavi Solutions (VIAV) made $469M of revenue in the first quarter fiscal 2027 (Q1 FY27), +57% from a year earlier. Product revenue brought in $416M (89%); Service revenue brought in $53.6M (11%). Of every dollar of revenue, 61¢ was left as gross profit, 17¢ was left as operating profit, 16¢ was left as net earnings.
What is Viavi Solutions' biggest business?
Product revenue: $416M in the first quarter fiscal 2027, 89% of revenue, +61% from a year earlier.
What is Viavi Solutions' profit margin?
Net earnings were $76.0M, 16.2% of revenue, in the first quarter fiscal 2027; the operating margin was 17.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.