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Viavi Solutions (Viavi Solutions) Gross Profit : $579 Mil (TTM As of Dec. 2023)


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What is Viavi Solutions Gross Profit?

Viavi Solutions's gross profit for the three months ended in Dec. 2023 was $148 Mil. Viavi Solutions's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $579 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Viavi Solutions's gross profit for the three months ended in Dec. 2023 was $148 Mil. Viavi Solutions's Revenue for the three months ended in Dec. 2023 was $255 Mil. Therefore, Viavi Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 58.15%.

Viavi Solutions had a gross margin of 58.15% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Viavi Solutions was 60.65%. The lowest was 55.77%. And the median was 59.03%.


Viavi Solutions Gross Profit Historical Data

The historical data trend for Viavi Solutions's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Viavi Solutions Gross Profit Chart

Viavi Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 651.40 665.30 714.40 773.50 638.80

Viavi Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 167.00 141.00 146.00 144.40 148.00

Competitive Comparison of Viavi Solutions's Gross Profit

For the Communication Equipment subindustry, Viavi Solutions's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viavi Solutions's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viavi Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Viavi Solutions's Gross Profit falls into.



Viavi Solutions Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Viavi Solutions's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=1106.1 - 467.3
=639

Viavi Solutions's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=254.5 - 106.5
=148

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $579 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Viavi Solutions's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=148 / 254.5
=58.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Viavi Solutions  (NAS:VIAV) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Viavi Solutions had a gross margin of 58.15% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Viavi Solutions Gross Profit Related Terms

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Viavi Solutions (Viavi Solutions) Business Description

Traded in Other Exchanges
Address
1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, USA, 85286
Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of revenue from the United States.
Executives
Paul Mcnab officer: EVP, Chief Mktg & Stgy Officer C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Gary W Staley officer: SVP Global Sales NSE VIAVI SOLUTIONS, INC., 430 NORTH MCCARTHY BLVD., MILPITAS CA 95035
Ralph Rondinone officer: SVP Global Operations NSE C/O JDS UNIPHASE, 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Kevin Christopher Siebert officer: SVP Gen. Counsel & Secretary 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Luke M Scrivanich officer: SVP General Manager OSP 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Oleg Khaykin officer: President & CEO
Doug Gilstrap director 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286
Joanne Solomon director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Richard Belluzzo director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Timothy Campos director C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Henk Derksen officer: EVP, CFO 1 N. BRENTWOOD BLVD., SUITE 1500, SAINT LOUIS MO 63105
Pamela K. Avent officer: Interim CFO C/O VIAVI SOLUTIONS INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Tor Braham director C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089