TORVANTA
Other · S&P 500 · data as of 2026-10-05

VIAV stock analysis: VIAV

VIAV (VIAV) is an S&P 500 company in Other. It grades strongest on momentum and weakest on profitability and value.

The model's view of VIAV · subscribers

Where VIAV ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with VIAV · updated 2026-10-05 · from prices and SEC filings

VIAV price performance

VIAV against the S&P 500, one year
+0%+200%VIAV +274%S&P 500 +18%2025-09-292026-10-05
Year to date+163.2%S&P 500 +14.5% · ahead by 148.7 pts
1 year+268.8%S&P 500 +17.0% · ahead by 251.8 pts
3 years+470.7%S&P 500 +89.3% · ahead by 381.4 pts
5 years+204.0%S&P 500 +91.3% · ahead by 112.7 pts

Total returns with dividends reinvested.

VIAV factor grades

Each grade compares VIAV with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D-ValueFCF yield 0.7% (industry 6.0%)
B-GrowthRevenue growth +40% (industry +8%)EPS growth -187% (industry +10%)
C-ProfitabilityOperating margin 6.9% (industry 9.6%)ROIC 6.5% (industry 10.1%)
A-Momentum12-month change +269%From 52-wk high -15%

VIAV in plain numbers

VIAV key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$11.6B
Revenue growth (y/y)+40%
Free-cash-flow yield0.7%
Dividend yieldn/a
Next earnings (expected)2026-10-28
Valuation measures
Market value$11.6B
Enterprise value$11.2B
Price / sales7.6x
Price / book8.0x
EV / revenue7.4x
EV / EBITDA106.3x
Financial highlights
Revenue, last 12 months$1.5B
Net income, last 12 months-$30.4M
EPS, last 12 months (GAAP)$-0.13
Gross margin57.7%
Operating margin6.9%
Net margin-2.0%
Return on equity-2.7%
Return on invested capital6.5%
Cash$647.8M
Total debt$244.8M
Debt / equity0.17x
Free cash flow, last 12 months$82.8M
Interest cover2.2x
Current ratio1.85x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

VIAV earnings trends

Revenue vs earnings
-$48.1M$74.7M$197.5M$320.3M$443.1MSep 2024 Revenue: $238.2MDec 2024 Revenue: $270.8MMar 2025 Revenue: $284.8MJun 2025 Revenue: $290.5MSep 2025 Revenue: $299.1MDec 2025 Revenue: $369.3MMar 2026 Revenue: $406.8MJun 2026 Revenue: $443.1MSep 2024 Net income: -$1.8MDec 2024 Net income: $9.1MMar 2025 Net income: $19.5MJun 2025 Net income: $8.0MSep 2025 Net income: -$21.4MDec 2025 Net income: -$48.1MMar 2026 Net income: $6.4MJun 2026 Net income: $32.7MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: -0.8%Net margin: 3.4%Net margin: 6.8%Net margin: 2.8%Net margin: -7.2%Net margin: -13.0%Net margin: 1.6%Net margin: 7.4%-13%-3%7%■ Revenue ■ Net income ━ Net margin
Earnings per share$-0.2$-0.1$-0.0$0.1$0.2Sep 2024 EPS (GAAP, diluted): $-0.0Dec 2024 EPS (GAAP, diluted): $0.0Mar 2025 EPS (GAAP, diluted): $0.1Jun 2025 EPS (GAAP, diluted): $0.0Sep 2025 EPS (GAAP, diluted): $-0.1Dec 2025 EPS (GAAP, diluted): $-0.2Mar 2026 EPS (GAAP, diluted): $0.0Jun 2026 EPS (GAAP, diluted): $0.2Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Dec 2025 -625% · Mar 2026 -67% · Jun 2026 +400%

From the company's 10-Q and 10-K filings with the SEC.

VIAV financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$1.3B$1.1B$1.0B$1.1B$1.5B
Net income$15.5M$25.5M-$25.8M$34.8M-$30.4M
EPS (GAAP)$0.05$0.11$-0.12$0.15$-0.13
Free cash flow$105.6M$63.0M$96.9M$62.0M$82.8M

VIAV earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-05$0.15+400%+53%+1.0%
2026-04-29$0.03-67%+43%+20.4%
2026-01-28$-0.21-625%+36%+19.5%
2025-10-29$-0.10n/a+26%+23.2%
2025-08-07$0.03n/a+15%+8.2%
2025-05-01$0.09n/a+16%-13.9%

Companies similar to VIAV

CompanyMarket valueP/ERevenue growthOperating margin12-month change
VIAV VIAV$11.6Bn/a+40%6.9%+269%
FORM FORM$11.6B101.4x+18%12.9%+273%compare
CCK CCK$11.6B15.3x+10%12.3%+12%compare
AFG AFG$11.6B12.2x-0%14.5%-1%compare
AA AA$11.5B9.0x+6%n/a+27%
ALLY ALLY$11.4B8.9x+11%n/a-2%
HL HL$11.4B34.7x+51%46.0%+43%

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Frequently asked questions

Is VIAV stock a buy?

Torvanta does not tell individuals what to buy. Its grades for VIAV are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does VIAV report earnings next?

Based on its filing history, Torvanta expects VIAV to report around 2026-10-28.

How has VIAV performed against the S&P 500?

Over the past year VIAV returned +268.8%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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