| Cash Flow | 2025-09-27 | 2025-03-29 | 2024-12-28 | 2024-09-28 |
|---|---|---|---|---|
| Net loss | -21,400 | 26,800 | 7,300 | -1,800 |
| Depreciation expense | 9,800 | 28,800 | 19,500 | 9,700 |
| Amortization of acquired technologies and other intangibles | 8,400 | 16,000 | 8,700 | 4,400 |
| Stock-based compensation | 13,400 | 40,500 | 26,400 | 12,700 |
| Loss on convertible note extinguishment | -3,800 | - | - | - |
| Amortization of debt issuance costs | 1,700 | 5,500 | 3,600 | 1,800 |
| Net change in fair value of contingent liabilities | 10,900 | -4,900 | -7,400 | -3,500 |
| Deferred taxes, net | 10,700 | -29,900 | -4,700 | -4,700 |
| Amortization of inventory step-up | 2,600 | 1,700 | - | - |
| Restructuring | -300 | 900 | 1,200 | 0 |
| Other | -1,300 | 4,600 | 3,200 | 200 |
| Accounts receivable | -17,400 | 31,900 | 2,300 | -13,200 |
| Inventories | 11,600 | 300 | 100 | -2,900 |
| Other current and non-current assets | 500 | 1,500 | -1,900 | 2,400 |
| Accounts payable | -500 | 15,700 | 5,900 | -4,000 |
| Income taxes payable | 800 | 5,600 | 3,400 | 2,600 |
| Deferred revenue, current and non-current | -10,700 | -900 | -6,900 | -4,600 |
| Accrued payroll and related expenses | -9,100 | 6,800 | 10,600 | -5,100 |
| Accrued expenses and other current and non-current liabilities | 4,300 | -8,300 | -5,700 | -7,500 |
| Net cash provided by operating activities | 31,000 | 66,000 | 58,200 | 13,500 |
| Purchases of short-term investments | 900 | 147,700 | 85,400 | 43,300 |
| Maturities of short-term investments | 900 | 145,500 | 83,800 | 38,600 |
| Capital expenditures | 8,500 | 22,300 | 15,500 | 7,300 |
| Proceeds from the sale of assets | 900 | 4,700 | 4,300 | 3,500 |
| Acquisition, net of acquired cash and holdbacks | - | 117,900 | - | - |
| Purchase price adjustment related to business acquisition | 700 | - | - | - |
| Other investing activities | 0 | 3,000 | 3,000 | 3,000 |
| Net cash used in investing activities | -8,300 | -140,700 | -15,800 | -11,500 |
| Proceeds from issuance of debt | 149,100 | - | - | - |
| Retirement of convertible notes upon maturity | - | 0 | - | - |
| Payment of debt issuance costs | 7,800 | - | - | - |
| Repurchase and retirement of common stock | 30,000 | 16,400 | 16,400 | 16,400 |
| Withholding tax payment on vesting of restricted stock and performance- based awards | 16,200 | 13,100 | 8,300 | 7,300 |
| Payment of financing obligations | 100 | 200 | 100 | - |
| Proceeds from employee stock purchase plan | 2,700 | 6,000 | 2,700 | 2,700 |
| Payment of acquisition related obligations | - | - | 0 | - |
| Payment of acquisition related contingent considerations and obligations | - | 0 | 0 | - |
| Other financing activities | - | 200 | 200 | - |
| Net cash provided by (used in) financing activities | 97,700 | -23,500 | -21,900 | -21,000 |
| Effect of exchange rates on cash, cash equivalents and restricted cash | -400 | -900 | -5,900 | 15,300 |
| Net increase in cash (decrease), cash equivalents and restricted cash | 120,000 | -99,100 | 14,600 | -3,700 |
| Cash and cash equivalents at beginning of period | 432,100 | 481,800 | 481,800 | 481,800 |
| Cash and cash equivalents at end of period | 552,100 | 382,700 | 496,400 | 478,100 |
VIAVI SOLUTIONS INC. (VIAV)
VIAVI SOLUTIONS INC. (VIAV)