Viavi Solutions Inc (VIAV)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -25,800 | 25,500 | 15,500 | 67,500 | 49,000 |
| Revenue | US$ in thousands | 1,000,400 | 1,106,100 | 1,292,400 | 1,198,900 | 1,136,300 |
| Net profit margin | -2.58% | 2.31% | 1.20% | 5.63% | 4.31% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-25,800K ÷ $1,000,400K
= -2.58%
The net profit margin of Viavi Solutions Inc has experienced fluctuations over the past five years. In the most recent fiscal year ending on June 30, 2024, the company reported a negative net profit margin of -2.58%, indicating that its net income was lower than its total revenue. This represents a significant decline compared to the previous year when the net profit margin was 2.31%.
Looking back further, in June 2022, the net profit margin was 1.20%, showing a slight improvement from the prior year. However, the company's profitability was higher in June 2021 and June 2020, with net profit margins of 5.63% and 4.31% respectively.
The negative net profit margin in 2024 raises concerns about Viavi Solutions Inc's ability to generate profits from its operations. Management should closely monitor the company's expenses and revenue streams to improve profitability and ensure sustainable growth in the future.
Peer comparison
Jun 30, 2024