VIAVI Solutions Q4 FY2026 Earnings Call
With Oleg Khaykin (President and CEO) and Ilan Daskal (CFO).
VIAVI Solutions (NASDAQ: VIAV) is a global leader in both network and service enablement and optical security performance products and solutions.
More about VIAVI Solutions
Our technologies contribute to the success of a wide range of customers – from the world’s largest mobile operators and governmental entities to enterprise network and application providers to contractors laying the fiber and building the towers that keep us connected.
1Prepared remarks3 speakers
Thank you, Kendra. Good afternoon, everyone, and welcome to Viavi Solutions' fourth quarter and fiscal 2026 earnings call. My name is Vibhuti Nayar, Head of Investor Relations for Viavi Solutions. With me on today's call is Oleg Khaykin, our President and CEO, and Ilan Daskal, our CFO. Please note, this call will include forward-looking statements about the company's financial performance. These statements are subject to risks and uncertainties that could cause actual results to differ materially from our current…
Thank you, Vibhuti. Good afternoon, everyone. Now, I would like to review the results of the fourth quarter of fiscal year 2026. Net revenue for the quarter was $443.1 million, which is above the high end of our guidance range of $427 million-$437 million. Revenue was up 8.9% sequentially, and on a year-over-year basis was up 52.5%. Operating margin for the fourth fiscal quarter was 24%, above the high end of our guidance range of 22.2%-23.2%. Operating margin increased 280 basis points from the prior quarter, and…
Thank you, Ilan. Fiscal 2026 ended on a strong note with Viavi's financial performance in the fourth quarter exceeding expectations. The year-over-year performance was driven by strong growth in many of our end markets. NSE revenue in fiscal Q4 grew approximately 70% year-over-year, primarily driven by continued strong demand from the data center ecosystem and aerospace and defense customers.
More specifically, the data center ecosystem, which includes high-performance semis, optical modules, NEMs, and…