Viavi Solutions Inc (VIAV)

Gross profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Gross profit (ttm)	US$ in thousands	575,900	576,300	579,400	598,400	638,800	693,900	739,800	763,300	773,500	755,300	750,400	740,000	714,400	686,100	650,900	660,300	665,300	680,200	686,900	675,400
Revenue (ttm)	US$ in thousands	1,000,400	1,012,000	1,013,800	1,043,800	1,106,100	1,177,800	1,245,500	1,275,800	1,292,400	1,268,000	1,255,900	1,241,000	1,198,900	1,154,600	1,107,400	1,121,200	1,136,300	1,159,400	1,168,400	1,161,600
Gross profit margin		57.57%	56.95%	57.15%	57.33%	57.75%	58.91%	59.40%	59.83%	59.85%	59.57%	59.75%	59.63%	59.59%	59.42%	58.78%	58.89%	58.55%	58.67%	58.79%	58.14%

June 30, 2024 calculation

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

Viavi Solutions Inc's gross profit margin has shown some fluctuations over the past few quarters. The company's gross profit margin has ranged between 57.15% and 59.85% over the latest five quarters. There was a slight decline in the gross profit margin in the most recent quarter, settling at 57.57%.

Overall, Viavi Solutions Inc has maintained a gross profit margin above 57%, indicating that the company has been able to effectively manage its production costs and generate profits from its core operations. However, the downward trend in the gross profit margin in the latest quarter may warrant further analysis to understand the factors contributing to this decrease and assess its impact on the company's overall profitability.