Viavi Solutions Inc (VIAV)

Net profit margin

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 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
Net income (ttm) US$ in thousands 34,800 5,100 -39,000 -37,400 -25,800 -4,200 5,000 2,700 25,500 42,100 76,700 102,900 15,500 -2,900 -10,300 -23,000 46,100 74,700 30,100 36,200
Revenue (ttm) US$ in thousands 1,084,300 1,045,800 1,007,000 990,700 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
Net profit margin 3.21% 0.49% -3.87% -3.78% -2.58% -0.42% 0.49% 0.26% 2.31% 3.57% 6.16% 8.07% 1.20% -0.23% -0.82% -1.85% 3.85% 6.47% 2.72% 3.23%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $34,800K ÷ $1,084,300K
= 3.21%

The net profit margin for Viavi Solutions Inc. exhibits notable fluctuations over the specified periods. Initially, the margin was relatively modest in September 2020 at 3.23%, declining slightly to 2.72% by the end of December 2020. A significant improvement is observed in the first quarter of 2021, with the margin rising sharply to 6.47%, indicating an increase in profitability relative to revenue.

However, this upward trend was short-lived, as the margin declined to 3.85% in June 2021 and then turned negative at -1.85% in September 2021. Negative margins persisted through the end of 2021 and March 2022, with figures of -0.82% and -0.23% respectively. The negative trend was partially reversed in June 2022, where the margin improved to 1.20%, and further strengthened to 8.07% in September 2022. The margin continued to decline but remained positive in late 2022, recording 6.16% in December 2022 and 3.57% in March 2023.

In the subsequent periods, the net profit margin experienced a downward trend again, reaching 2.31% in June 2023 and diminishing further to 0.26% in September 2023. As of December 2023, the margin slightly increased to 0.49%, but the trend turned negative in the first quarter of 2024, with a margin of -0.42%. This negative momentum persisted into June and September 2024, with margins of -2.58% and -3.78%, respectively, and continued negatively through December 2024 at -3.87%.

Interestingly, in the first half of 2025, there is an indication of a recovery, with the margin returning to positive territory at 0.49% in March and further increasing to 3.21% by June 2025. Overall, the company's net profit margin demonstrates periods of volatility, with significant swings between profitability and losses, reflecting varying operational performance and potentially external factors impacting profitability during these intervals.