Viavi Solutions Inc. (VIAV) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | -26.3M | 42.5M | 31M | 23.8M | 7.8M | 44.7M | 13.5M | 26.2M | 19.5M | 20.4M | 50.3M | 23.5M | 17.8M | 46.2M | 26.6M | 73.6M | 28.9M | 22.2M | 53.4M | 62.6M |
| Operating CF Margin % | -6.47% | 11.51% | 10.36% | 8.19% | 2.74% | 16.51% | 5.67% | 10.4% | 7.93% | 8.02% | 20.29% | 8.91% | 7.18% | 16.24% | 8.58% | 21.95% | 9.16% | 7.05% | 16.34% | 20.14% |
| Operating CF Growth % | -437.18% | -4.92% | 129.63% | -9.16% | -60% | 119.12% | -73.16% | 11.49% | 9.55% | -55.84% | 89.1% | -68.07% | -38.41% | 108.11% | -50.19% | 17.57% | -39.92% | -67.69% | -16.43% | 130.15% |
| Net Income | 6.4M | -48.1M | -21.4M | 8M | 19.5M | 9.1M | -1.8M | -21.7M | -24.6M | 10.7M | 9.8M | -100K | -15.4M | 8.4M | 32.6M | 16.5M | 19.2M | 34.6M | -54.8M | 3.3M |
| Depreciation & Amortization | 30.7M | 28.8M | 18.2M | 17.9M | 16.6M | 14.1M | 14.1M | 14.2M | 14.6M | 14.5M | 15.4M | 17.9M | 17.3M | 16.5M | 17.8M | 15.1M | 21.9M | 18.9M | 19.5M | 25.7M |
| Stock-Based Compensation | 13.9M | 13.9M | 13.4M | 12.6M | 0 | 13.7M | 12.7M | 12.8M | 0 | 12.5M | 11.2M | 12.4M | 12.8M | 13M | 13M | 12.6M | 0 | 13.3M | 13.6M | 0 |
| Deferred Taxes | -1.2M | 0 | 10.7M | 0 | -25.2M | 0 | -4.7M | 2.6M | -5.4M | 3.1M | 1.2M | 700K | 800K | 3.3M | 200K | 300K | -6.5M | 0 | 200K | 4.5M |
| Other Non-Cash Items | -95.4M | 57.3M | 20M | 29.1M | 18.5M | -3.9M | -1.9M | 18.4M | 14.8M | -3.1M | -1.3M | 700K | 12.9M | 4.5M | -5.5M | 5.7M | 20.3M | 3.4M | 87.5M | 14.9M |
| Working Capital Changes | 19.3M | -9.4M | -9.9M | -43.8M | -21.6M | 11.7M | -4.9M | -100K | 20.1M | -17.3M | 14M | -8.1M | -10.6M | 500K | -31.5M | 23.4M | -26M | -48M | -12.6M | 14.2M |
| Change in Receivables | -38.4M | -41.5M | 17.4M | -2.2M | -29.6M | -15.5M | 13.2M | -3.5M | -5.4M | -15.2M | 38M | -10.2M | 5.4M | 30.9M | 11.3M | 900K | -13.2M | -16.9M | 10.9M | 6M |
| Change in Inventory | -12.6M | -13.1M | -11.6M | -7.2M | -200K | -3M | 2.9M | 3.8M | 7.4M | -400K | -300K | 9.3M | -5.6M | -7.8M | -6.6M | -1.2M | -2.2M | -14M | -10.3M | -6.2M |
| Change in Payables | -10.5M | 24.4M | -500K | -1.1M | 9.8M | 9.9M | -4M | 7.3M | -1.7M | 5.2M | -7.6M | 3.9M | -6.4M | -12.3M | 5.4M | -700K | -10.3M | 2M | 3.4M | 7M |
| Cash from Investing | -4.7M | -404.3M | -8.3M | 12.3M | -124.9M | -4.3M | -11.5M | 5.6M | -6.9M | -7.7M | -12.6M | -21.8M | -9.4M | -66.2M | -29.7M | -19.8M | -18.7M | -17.7M | -14.8M | -23.9M |
| Capital Expenditures | -5.9M | -5.6M | -8.5M | -5.5M | -6.8M | -8.2M | -7.3M | -3.8M | -3.2M | -5.8M | -6.7M | -7.4M | -10.8M | -18.1M | -14.8M | -19.1M | -19.3M | -18.4M | -15.7M | -25.4M |
| CapEx % of Revenue | 1.45% | 1.52% | 2.84% | 1.89% | 2.39% | 3.03% | 3.06% | 1.51% | 1.3% | 2.28% | 2.7% | 2.81% | 4.36% | 6.36% | 4.77% | 5.7% | 6.12% | 5.85% | 4.8% | 8.17% |
| Acquisitions | 0 | -399.5M | 200K | -3.7M | -117.5M | 800K | 0 | 800K | 700K | 5.8M | 600K | -1.3M | 300K | -49.9M | -15.5M | -7.1M | 600K | 0 | -1.2M | 1.5M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.1M | 800K | 0 | 400K | 0 | 0 | 500K | 0 | 0 | -4.5M | 0 | 0 | 1.1M | 1.8M | 600K | 6.4M | 0 | 700K | 2.1M | 0 |
| Cash from Financing | -231.4M | 582.9M | 97.7M | -100K | -1.6M | -900K | -21M | -10.4M | -97M | -2.2M | -16.1M | -79.3M | 82M | -25.9M | -26.8M | -59.1M | -148.4M | -185.7M | 182.8M | -15.6M |
| Debt Issued (Net) | 0 | 600M | 141.2M | 200K | -100K | -100K | 0 | 200K | -96.5M | -100K | 0 | -68.4M | 118.3M | 0 | -400K | -27.3M | -700K | -59M | 203.5M | -200K |
| Equity Issued (Net) | 0 | 0 | -27.3M | -100K | 3.3M | -1M | -13.7M | -10M | 3.3M | -200K | -7M | -10M | -30.2M | -25.3M | -18.7M | -30.5M | -77.3M | -116.8M | -16M | -29M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -30M | -100K | 0 | -1M | -16.4M | -10M | 0 | -200K | -10M | -10M | -30M | -25.2M | -18.7M | -28.9M | -81.4M | -116.8M | -8.8M | -11.1M |
| Other Financing | -231.4M | -17.1M | -16.2M | -200K | -4.8M | 200K | -7.3M | -600K | -3.8M | -1.9M | -9.1M | -900K | -6.1M | -500K | -7.7M | -1.3M | -70.4M | -9.9M | -4.7M | 13.6M |
| Net Change in Cash | -264.8M | 224M | 120M | 49.4M | -113.7M | 18.3M | -3.7M | 18.7M | -89.5M | 24.7M | 12.3M | -77.6M | 96.3M | -28.1M | -47.8M | -28.7M | -142.2M | -183M | 218.3M | 26.4M |
| Free Cash Flow | -32.2M | 36.9M | 22.5M | 18.3M | 1M | 36.5M | 6.2M | 22.4M | 16.3M | 14.6M | 43.6M | 16.1M | 7M | 28.1M | 11.8M | 54.5M | 9.6M | 3.8M | 37.7M | 37.2M |
| FCF Margin % | -7.92% | 9.99% | 7.52% | 6.3% | 0.35% | 13.48% | 2.6% | 8.89% | 6.63% | 5.74% | 17.59% | 6.11% | 2.82% | 9.88% | 3.8% | 16.25% | 3.04% | 1.21% | 11.54% | 11.97% |
| FCF Growth % | -3320% | 1.1% | 262.9% | -18.3% | -93.86% | 150% | -85.78% | 39.13% | 132.86% | -48.04% | 269.49% | -70.46% | -27.08% | 639.47% | -68.7% | 46.51% | -75.94% | -93.47% | -32.56% | 96.83% |
| FCF per Share | -0.13 | 0.16 | 0.10 | 0.08 | 0.00 | 0.16 | 0.03 | 0.10 | 0.07 | 0.07 | 0.19 | 0.07 | 0.03 | 0.12 | 0.05 | 0.24 | 0.04 | 0.02 | 0.16 | 0.16 |
| FCF Conversion (FCF/Net Income) | -4.11x | -0.88x | -1.45x | 2.98x | 0.40x | 4.91x | -7.50x | -1.21x | -0.79x | 1.91x | 5.13x | -235.00x | -1.16x | 5.50x | 0.82x | 4.46x | 1.51x | 0.64x | -0.97x | 18.97x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |