Viavi Solutions Inc (VIAV)

Gross profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Gross profit	US$ in thousands	575,900	638,800	773,500	714,400	665,300
Revenue	US$ in thousands	1,000,400	1,106,100	1,292,400	1,198,900	1,136,300
Gross profit margin		57.57%	57.75%	59.85%	59.59%	58.55%

June 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $575,900K ÷ $1,000,400K
= 57.57%

Viavi Solutions Inc's gross profit margin has shown some variation over the past five years. In the most recent fiscal year (ending June 30, 2024), the company's gross profit margin stood at 57.57%, slightly lower than the previous year's margin of 57.75%. This slight decrease may indicate potential challenges in managing production costs or pricing pressures.

Compared to two years ago, the gross profit margin has declined more significantly from 59.85% in June 2022 to 57.57% in June 2024. This could suggest increased cost pressures or changes in pricing strategies that have impacted the company's profitability at the gross level.

However, Viavi Solutions Inc's gross profit margins have generally remained relatively stable around the mid to high 50% range over the five-year period, indicating a consistent ability to generate profits from its core operations. Further analysis of the company's cost structure and pricing strategies may provide insights into the factors driving the fluctuations in the gross profit margin.