Q4 25 EPS
$0.13
BEAT +12.85%
Est. $0.12
Q4 25 Revenue
$290.5M
BEAT +1.86%
Est. $285.2M
vs S&P Since Q4 25
+307.7%
BEATING MARKET
VIAV +322.7% vs S&P +15.1%
Full Year 2025 Results
FY 25 EPS
$0.47
FY 25 Revenue
$1.08B
Market Reaction
Did VIAV Beat Earnings? Q4 2025 Results
VIAVI Solutions closed out fiscal 2025 on a strong note, posting fourth-quarter results that beat Wall Street expectations on both the top and bottom lines and sent shares climbing sharply. The company reported non-GAAP diluted EPS of $0.13, ahead of… Read more VIAVI Solutions closed out fiscal 2025 on a strong note, posting fourth-quarter results that beat Wall Street expectations on both the top and bottom lines and sent shares climbing sharply. The company reported non-GAAP diluted EPS of $0.13, ahead of the $0.12 consensus by 12.85%, while revenue of $290.50 million topped estimates by 1.86% and rose 15.3% year-over-year. The broad-based recovery was anchored by simultaneous strength across both reporting segments, with Network and Service Enablement contributing $209.10 million and Optical Security and Performance Products adding $81.40 million, up 14.8% and 16.6% year-over-year, respectively. GAAP net income swung to $8.00 million from a loss of $21.70 million a year ago, while non-GAAP operating margin expanded 350 basis points to 14.4%. CEO Oleg Khaykin credited record growth in data center ecosystem and aerospace and defense segments, alongside stabilization in service provider test and measurement and optical security pigments. Looking ahead, VIAVI guided Q1 FY2026 revenue of $290.00 million to $298.00 million with non-GAAP EPS of $0.13 to $0.14, signaling continued positive momentum.
Key Takeaways
- • Stabilization in service provider test and measurement business
- • Stabilization in optical security pigments
- • High growth in data center ecosystem segment
- • High growth in aerospace & defense segment
- • 15.3% year-over-year revenue growth in Q4
- • Non-GAAP operating margin expanded 350 bps year-over-year to 14.4%
VIAV YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
VIAV Revenue by Segment
With YoY comparisons, source: SEC Filings
VIAV Revenue by Geography
With YoY comparisons, source: SEC Filings
“VIAVI had a strong finish to Fiscal 2025, with fourth quarter performance at 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.”
— Oleg Khaykin, Q4 2025 Earnings Press Release
VIAV Earnings Trends
VIAV vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
VIAV EPS Trend
Earnings per share: estimate vs actual
VIAV Revenue Trend
Quarterly revenue: estimate vs actual
VIAV Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 BEAT | $0.23 | $0.27 | +17.04% | $406.8M | +3.30% |
| Q2 26 BEAT | $0.19 | $0.22 | +17.21% | $369.3M | +1.11% |
| Q1 26 BEAT | $0.13 | $0.15 | +14.24% | $299.1M | +1.61% |
| Q4 25 BEAT FY | $0.12 | $0.13 | +12.85% | $290.5M | +1.86% |
| FY Full Year | — | $0.47 | — | $1.08B | — |
| Q3 25 BEAT | $0.12 | $0.15 | +26.80% | $284.8M | +1.06% |
| Q2 25 BEAT | $0.10 | $0.13 | +30.13% | $270.8M | +4.16% |
| Q1 25 BEAT | $0.06 | $0.06 | +0.00% | $238.2M | -0.79% |
| Q4 24 BEAT FY | $0.07 | $0.08 | +14.29% | $252.0M | +0.47% |
| FY Full Year | — | $0.33 | — | $1.00B | — |