Viavi Solutions Inc (VIAV)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 38,600 | 19,500 | 700 | 400 | 11,600 | 27,500 | 33,700 | 34,300 | 60,700 | 95,100 | 133,100 | 151,100 | 65,100 | 50,400 | 47,800 | 45,300 | 109,400 | 118,300 | 98,300 | 101,800 |
| 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 |
| Pretax margin | 3.56% | 1.86% | 0.07% | 0.04% | 1.16% | 2.72% | 3.32% | 3.29% | 5.49% | 8.07% | 10.69% | 11.84% | 5.04% | 3.97% | 3.81% | 3.65% | 9.13% | 10.25% | 8.88% | 9.08% |
June 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $38,600K ÷ $1,084,300K
= 3.56%
The pretax margin of Viavi Solutions Inc. has exhibited significant fluctuations over the analyzed period. Initially, in September 2020, the pretax margin stood at approximately 9.08%, indicating a relatively strong pre-tax profitability at that time. This margin experienced a gradual decline through the subsequent quarters, reaching a low of approximately 3.65% by September 2021. During this period, the decline suggests increasing expenses or decreasing revenues relative to pre-tax earnings, impacting profitability negatively.
From late 2021 onward, the pretax margin showed some recovery, climbing to around 11.84% in September 2022, signaling improved operational profitability. However, this upward trend was short-lived, with margins decreasing again in early 2023 and subsequent quarters, reaching approximately 3.29% in September 2023. The trend continued downward into the second quarter of 2024, with the margin diminishing to around 1.16%, reflecting a significant erosion of pre-tax profitability.
Further data indicates a slight uptick in the margin during the last reported periods, moving from 0.04% in September 2024 to approximately 3.56% in June 2025. The overall pattern demonstrates considerable volatility, with periods of both improvement and decline, ultimately pointing to challenges in maintaining consistent pre-tax profitability levels over this timeframe.
Peer comparison
Jun 30, 2025