vs

Side-by-side financial comparison of Apple Hospitality REIT, Inc. (APLE) and VIAVI SOLUTIONS INC. (VIAV). Click either name above to swap in a different company.

VIAVI SOLUTIONS INC. is the larger business by last-quarter revenue ($406.8M vs $326.4M, roughly 1.2× Apple Hospitality REIT, Inc.). Apple Hospitality REIT, Inc. runs the higher net margin — 9.1% vs 1.6%, a 7.5% gap on every dollar of revenue. On growth, VIAVI SOLUTIONS INC. posted the faster year-over-year revenue change (42.8% vs -2.0%). Over the past eight quarters, VIAVI SOLUTIONS INC.'s revenue compounded faster (27.1% CAGR vs -0.5%).

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

Viavi Solutions Inc., formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona. The company manufactures testing and monitoring equipment for networks. It also develops optical technology used for a range of applications including material quality control, currency anti-counterfeiting and 3D motion sensing, including Microsoft's Kinect video game controller.

APLE vs VIAV — Head-to-Head

Bigger by revenue
VIAV
VIAV
1.2× larger
VIAV
$406.8M
$326.4M
APLE
Growing faster (revenue YoY)
VIAV
VIAV
+44.8% gap
VIAV
42.8%
-2.0%
APLE
Higher net margin
APLE
APLE
7.5% more per $
APLE
9.1%
1.6%
VIAV
Faster 2-yr revenue CAGR
VIAV
VIAV
Annualised
VIAV
27.1%
-0.5%
APLE

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
APLE
APLE
VIAV
VIAV
Revenue
$326.4M
$406.8M
Net Profit
$29.6M
$6.4M
Gross Margin
37.2%
57.5%
Operating Margin
15.2%
6.1%
Net Margin
9.1%
1.6%
Revenue YoY
-2.0%
42.8%
Net Profit YoY
-0.7%
-76.1%
EPS (diluted)
$0.13
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APLE
APLE
VIAV
VIAV
Q1 26
$406.8M
Q4 25
$326.4M
$369.3M
Q3 25
$373.9M
$299.1M
Q2 25
$384.4M
$290.5M
Q1 25
$327.7M
$284.8M
Q4 24
$333.0M
$270.8M
Q3 24
$378.8M
$238.2M
Q2 24
$390.1M
$252.0M
Net Profit
APLE
APLE
VIAV
VIAV
Q1 26
$6.4M
Q4 25
$29.6M
$-48.1M
Q3 25
$50.9M
$-21.4M
Q2 25
$63.6M
$8.0M
Q1 25
$31.2M
$19.5M
Q4 24
$29.8M
$9.1M
Q3 24
$56.3M
$-1.8M
Q2 24
$73.9M
$-21.7M
Gross Margin
APLE
APLE
VIAV
VIAV
Q1 26
57.5%
Q4 25
37.2%
57.0%
Q3 25
40.6%
56.5%
Q2 25
42.6%
56.3%
Q1 25
39.0%
56.4%
Q4 24
38.6%
59.4%
Q3 24
41.9%
57.1%
Q2 24
44.6%
57.8%
Operating Margin
APLE
APLE
VIAV
VIAV
Q1 26
6.1%
Q4 25
15.2%
3.1%
Q3 25
19.4%
2.5%
Q2 25
22.1%
5.3%
Q1 25
15.5%
3.0%
Q4 24
15.0%
8.2%
Q3 24
20.5%
4.8%
Q2 24
24.0%
-2.3%
Net Margin
APLE
APLE
VIAV
VIAV
Q1 26
1.6%
Q4 25
9.1%
-13.0%
Q3 25
13.6%
-7.2%
Q2 25
16.6%
2.8%
Q1 25
9.5%
6.8%
Q4 24
9.0%
3.4%
Q3 24
14.9%
-0.8%
Q2 24
19.0%
-8.6%
EPS (diluted)
APLE
APLE
VIAV
VIAV
Q1 26
$0.03
Q4 25
$0.13
$-0.21
Q3 25
$0.21
$-0.10
Q2 25
$0.27
$0.03
Q1 25
$0.13
$0.09
Q4 24
$0.13
$0.04
Q3 24
$0.23
$-0.01
Q2 24
$0.31
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APLE
APLE
VIAV
VIAV
Cash + ST InvestmentsLiquidity on hand
$8.5M
$500.8M
Total DebtLower is stronger
$1.5B
$1.1B
Stockholders' EquityBook value
$3.1B
$846.5M
Total Assets
$4.9B
$2.5B
Debt / EquityLower = less leverage
0.49×
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLE
APLE
VIAV
VIAV
Q1 26
$500.8M
Q4 25
$8.5M
$767.4M
Q3 25
$50.3M
$545.6M
Q2 25
$7.9M
$425.3M
Q1 25
$14.9M
$396.8M
Q4 24
$10.3M
$509.4M
Q3 24
$6.1M
$493.1M
Q2 24
$7.2M
$491.2M
Total Debt
APLE
APLE
VIAV
VIAV
Q1 26
$1.1B
Q4 25
$1.5B
$1.2B
Q3 25
$1.5B
$640.5M
Q2 25
$1.5B
$396.3M
Q1 25
$1.5B
$396.1M
Q4 24
$1.5B
$639.3M
Q3 24
$1.5B
$637.6M
Q2 24
$1.5B
$636.0M
Stockholders' Equity
APLE
APLE
VIAV
VIAV
Q1 26
$846.5M
Q4 25
$3.1B
$834.3M
Q3 25
$3.2B
$723.9M
Q2 25
$3.2B
$780.2M
Q1 25
$3.2B
$728.8M
Q4 24
$3.3B
$682.8M
Q3 24
$3.3B
$702.1M
Q2 24
$3.3B
$681.6M
Total Assets
APLE
APLE
VIAV
VIAV
Q1 26
$2.5B
Q4 25
$4.9B
$2.8B
Q3 25
$4.9B
$2.1B
Q2 25
$4.9B
$2.0B
Q1 25
$4.9B
$1.9B
Q4 24
$5.0B
$1.7B
Q3 24
$5.0B
$1.7B
Q2 24
$5.1B
$1.7B
Debt / Equity
APLE
APLE
VIAV
VIAV
Q1 26
1.28×
Q4 25
0.49×
1.46×
Q3 25
0.47×
0.88×
Q2 25
0.48×
0.51×
Q1 25
0.48×
0.54×
Q4 24
0.45×
0.94×
Q3 24
0.46×
0.91×
Q2 24
0.46×
0.93×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APLE
APLE
VIAV
VIAV
Operating Cash FlowLast quarter
$370.2M
Free Cash FlowOCF − Capex
$282.0M
FCF MarginFCF / Revenue
86.4%
Capex IntensityCapex / Revenue
27.0%
Cash ConversionOCF / Net Profit
12.50×
TTM Free Cash FlowTrailing 4 quarters
$516.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APLE
APLE
VIAV
VIAV
Q1 26
Q4 25
$370.2M
$42.5M
Q3 25
$126.4M
$31.0M
Q2 25
$108.8M
$23.8M
Q1 25
$49.1M
$7.8M
Q4 24
$405.4M
$44.7M
Q3 24
$128.2M
$13.5M
Q2 24
$127.3M
$26.2M
Free Cash Flow
APLE
APLE
VIAV
VIAV
Q1 26
Q4 25
$282.0M
$36.9M
Q3 25
$109.0M
$22.5M
Q2 25
$96.2M
$18.3M
Q1 25
$29.5M
$1.0M
Q4 24
$327.1M
$36.5M
Q3 24
$113.1M
$6.2M
Q2 24
$115.0M
$22.4M
FCF Margin
APLE
APLE
VIAV
VIAV
Q1 26
Q4 25
86.4%
10.0%
Q3 25
29.2%
7.5%
Q2 25
25.0%
6.3%
Q1 25
9.0%
0.4%
Q4 24
98.2%
13.5%
Q3 24
29.9%
2.6%
Q2 24
29.5%
8.9%
Capex Intensity
APLE
APLE
VIAV
VIAV
Q1 26
Q4 25
27.0%
1.5%
Q3 25
4.7%
2.8%
Q2 25
3.3%
1.9%
Q1 25
6.0%
2.4%
Q4 24
23.5%
3.0%
Q3 24
4.0%
3.1%
Q2 24
3.2%
1.5%
Cash Conversion
APLE
APLE
VIAV
VIAV
Q1 26
Q4 25
12.50×
Q3 25
2.49×
Q2 25
1.71×
2.98×
Q1 25
1.57×
0.40×
Q4 24
13.59×
4.91×
Q3 24
2.28×
Q2 24
1.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APLE
APLE

Occupancy$293.0M90%
Hotel Other$17.2M5%
Food And Beverage$16.3M5%

VIAV
VIAV

Segment breakdown not available.

Related Comparisons