For the quarter ending 2025-12-27, VIAV had $224,000K increase in cash & cash equivalents over the period. $36,900K in free cash flow.
| Cash Flow | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 |
|---|---|---|---|---|
| Net (loss) income | -48,100 | -21,400 | 8,000 | 19,500 |
| Depreciation expense | 10,000 | 9,800 | 9,600 | 9,300 |
| Amortization of acquired technologies and other intangibles | 18,800 | 8,400 | 8,300 | 7,300 |
| Stock-based compensation | 13,900 | 13,400 | 12,600 | 14,100 |
| Loss on convertible note extinguishment | -38,700 | -3,800 | - | - |
| Amortization of debt issuance costs | 1,900 | 1,700 | 1,800 | 1,900 |
| Net change in fair value of contingent liabilities | 10,800 | 10,900 | -3,400 | 2,500 |
| Loss on convertible note debt modification | - | - | 0 | - |
| Deferred taxes, net | 600 | 10,700 | 1,500 | -25,200 |
| Amortization of inventory step-up | 2,600 | 2,600 | 2,600 | 1,700 |
| Restructuring | -100 | -300 | -200 | -300 |
| Gain on legal settlement | - | - | 0 | - |
| Other | -3,400 | -1,300 | 1,600 | 1,400 |
| Accounts receivable | 41,500 | -17,400 | 2,200 | 29,600 |
| Inventories | 13,100 | 11,600 | 7,200 | 200 |
| Other current and non-current assets | 4,800 | 500 | 2,500 | 3,400 |
| Accounts payable | 24,400 | -500 | -1,100 | 9,800 |
| Income taxes payable | 1,100 | 800 | -11,900 | 2,200 |
| Deferred revenue, current and non-current | -6,300 | -10,700 | 8,800 | 6,000 |
| Accrued payroll and related expenses | 24,900 | -9,100 | 5,900 | -3,800 |
| Accrued expenses and other current and non-current liabilities | 5,300 | 4,300 | -5,200 | -2,600 |
| Net cash provided by operating activities | 42,500 | 31,000 | 23,800 | 7,800 |
| Purchases of short-term investments | 0 | 900 | 1,100 | 62,300 |
| Maturities of short-term investments | 0 | 900 | 22,200 | 61,700 |
| Acquisitions, net of cash acquired and other | - | - | 3,000 | 117,900 |
| Purchase price adjustment related to business acquisition | - | - | 700 | - |
| Capital expenditures | 5,600 | 8,500 | 5,500 | 6,800 |
| Proceeds from the sale of assets | 600 | 900 | 400 | 400 |
| Acquisition of business | 399,300 | - | - | - |
| Purchase price adjustment related to business acquisition | 0 | 700 | - | - |
| Other investing activities | 0 | 0 | 0 | 0 |
| Net cash used in investing activities | -404,300 | -8,300 | 12,300 | -124,900 |
| Proceeds from issuance of debt | 600,000 | 149,100 | 0 | - |
| Retirement of convertible notes upon maturity | - | - | 0 | 0 |
| Payment of debt issuance costs | 14,800 | 7,800 | 0 | - |
| Repurchase and retirement of common stock | 0 | 30,000 | 0 | 0 |
| Withholding tax payment on vesting of restricted stock and performance- based awards | 2,300 | 16,200 | 100 | 4,800 |
| Payment of financing obligations | 0 | 100 | 0 | 100 |
| Proceeds from employee stock purchase plan | 0 | 2,700 | 0 | 3,300 |
| Payment of acquisition related contingent consideration and obligations | - | - | 0 | 0 |
| Other financing activities | 0 | - | 0 | 0 |
| Net cash provided by (used in) financing activities | 582,900 | 97,700 | -100 | -1,600 |
| Effect of exchange rates on cash, cash equivalents and restricted cash | 2,900 | -400 | 13,400 | 5,000 |
| Net increase in cash, cash equivalents and restricted cash | 224,000 | 120,000 | 49,400 | -113,700 |
| Cash and cash equivalents at beginning of period | 552,100 | 432,100 | 382,700 | 496,400 |
| Cash and cash equivalents at end of period | 776,100 | 552,100 | 432,100 | 382,700 |
VIAVI SOLUTIONS INC. (VIAV)
VIAVI SOLUTIONS INC. (VIAV)