vs

Side-by-side financial comparison of Mission Produce, Inc. (AVO) 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 $319.0M, roughly 1.3× Mission Produce, Inc.). Mission Produce, Inc. runs the higher net margin — 5.0% vs 1.6%, a 3.4% gap on every dollar of revenue. On growth, VIAVI SOLUTIONS INC. posted the faster year-over-year revenue change (42.8% vs -10.0%). Over the past eight quarters, VIAVI SOLUTIONS INC.'s revenue compounded faster (27.1% CAGR vs 11.0%).

Produce Co., Ltd. was a Japanese video game company. Founded on April 6, 1990 by former Irem employees, it developed a number of games for both Enix and Hudson Soft. Produce! have created games for arcades and for the Super Nintendo Entertainment System, Nintendo 64, PlayStation, and PC Engine systems.

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.

AVO vs VIAV — Head-to-Head

Bigger by revenue
VIAV
VIAV
1.3× larger
VIAV
$406.8M
$319.0M
AVO
Growing faster (revenue YoY)
VIAV
VIAV
+52.8% gap
VIAV
42.8%
-10.0%
AVO
Higher net margin
AVO
AVO
3.4% more per $
AVO
5.0%
1.6%
VIAV
Faster 2-yr revenue CAGR
VIAV
VIAV
Annualised
VIAV
27.1%
11.0%
AVO

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AVO
AVO
VIAV
VIAV
Revenue
$319.0M
$406.8M
Net Profit
$16.0M
$6.4M
Gross Margin
17.5%
57.5%
Operating Margin
8.8%
6.1%
Net Margin
5.0%
1.6%
Revenue YoY
-10.0%
42.8%
Net Profit YoY
-7.5%
-76.1%
EPS (diluted)
$0.23
$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
AVO
AVO
VIAV
VIAV
Q1 26
$406.8M
Q4 25
$319.0M
$369.3M
Q3 25
$357.7M
$299.1M
Q2 25
$380.3M
$290.5M
Q1 25
$334.2M
$284.8M
Q4 24
$354.4M
$270.8M
Q3 24
$324.0M
$238.2M
Q2 24
$297.6M
$252.0M
Net Profit
AVO
AVO
VIAV
VIAV
Q1 26
$6.4M
Q4 25
$16.0M
$-48.1M
Q3 25
$14.7M
$-21.4M
Q2 25
$3.1M
$8.0M
Q1 25
$3.9M
$19.5M
Q4 24
$17.3M
$9.1M
Q3 24
$12.4M
$-1.8M
Q2 24
$7.0M
$-21.7M
Gross Margin
AVO
AVO
VIAV
VIAV
Q1 26
57.5%
Q4 25
17.5%
57.0%
Q3 25
12.6%
56.5%
Q2 25
7.5%
56.3%
Q1 25
9.4%
56.4%
Q4 24
15.7%
59.4%
Q3 24
11.4%
57.1%
Q2 24
10.4%
57.8%
Operating Margin
AVO
AVO
VIAV
VIAV
Q1 26
6.1%
Q4 25
8.8%
3.1%
Q3 25
5.9%
2.5%
Q2 25
1.8%
5.3%
Q1 25
2.8%
3.0%
Q4 24
8.1%
8.2%
Q3 24
5.2%
4.8%
Q2 24
4.1%
-2.3%
Net Margin
AVO
AVO
VIAV
VIAV
Q1 26
1.6%
Q4 25
5.0%
-13.0%
Q3 25
4.1%
-7.2%
Q2 25
0.8%
2.8%
Q1 25
1.2%
6.8%
Q4 24
4.9%
3.4%
Q3 24
3.8%
-0.8%
Q2 24
2.4%
-8.6%
EPS (diluted)
AVO
AVO
VIAV
VIAV
Q1 26
$0.03
Q4 25
$0.23
$-0.21
Q3 25
$0.21
$-0.10
Q2 25
$0.04
$0.03
Q1 25
$0.05
$0.09
Q4 24
$0.25
$0.04
Q3 24
$0.17
$-0.01
Q2 24
$0.10
$-0.10

Balance Sheet & Financial Strength

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

Metric
AVO
AVO
VIAV
VIAV
Cash + ST InvestmentsLiquidity on hand
$64.8M
$500.8M
Total DebtLower is stronger
$95.8M
$1.1B
Stockholders' EquityBook value
$587.3M
$846.5M
Total Assets
$983.0M
$2.5B
Debt / EquityLower = less leverage
0.16×
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVO
AVO
VIAV
VIAV
Q1 26
$500.8M
Q4 25
$64.8M
$767.4M
Q3 25
$43.7M
$545.6M
Q2 25
$36.7M
$425.3M
Q1 25
$40.1M
$396.8M
Q4 24
$58.0M
$509.4M
Q3 24
$49.5M
$493.1M
Q2 24
$46.2M
$491.2M
Total Debt
AVO
AVO
VIAV
VIAV
Q1 26
$1.1B
Q4 25
$95.8M
$1.2B
Q3 25
$131.5M
$640.5M
Q2 25
$147.2M
$396.3M
Q1 25
$117.9M
$396.1M
Q4 24
$113.7M
$639.3M
Q3 24
$134.4M
$637.6M
Q2 24
$170.2M
$636.0M
Stockholders' Equity
AVO
AVO
VIAV
VIAV
Q1 26
$846.5M
Q4 25
$587.3M
$834.3M
Q3 25
$568.7M
$723.9M
Q2 25
$552.3M
$780.2M
Q1 25
$550.8M
$728.8M
Q4 24
$547.3M
$682.8M
Q3 24
$527.3M
$702.1M
Q2 24
$513.3M
$681.6M
Total Assets
AVO
AVO
VIAV
VIAV
Q1 26
$2.5B
Q4 25
$983.0M
$2.8B
Q3 25
$1.0B
$2.1B
Q2 25
$1.0B
$2.0B
Q1 25
$997.8M
$1.9B
Q4 24
$971.5M
$1.7B
Q3 24
$959.9M
$1.7B
Q2 24
$966.9M
$1.7B
Debt / Equity
AVO
AVO
VIAV
VIAV
Q1 26
1.28×
Q4 25
0.16×
1.46×
Q3 25
0.23×
0.88×
Q2 25
0.27×
0.51×
Q1 25
0.21×
0.54×
Q4 24
0.21×
0.94×
Q3 24
0.25×
0.91×
Q2 24
0.33×
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
AVO
AVO
VIAV
VIAV
Operating Cash FlowLast quarter
$67.2M
Free Cash FlowOCF − Capex
$55.6M
FCF MarginFCF / Revenue
17.4%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
4.20×
TTM Free Cash FlowTrailing 4 quarters
$37.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVO
AVO
VIAV
VIAV
Q1 26
Q4 25
$67.2M
$42.5M
Q3 25
$34.4M
$31.0M
Q2 25
$-11.8M
$23.8M
Q1 25
$-1.2M
$7.8M
Q4 24
$38.0M
$44.7M
Q3 24
$42.5M
$13.5M
Q2 24
$3.4M
$26.2M
Free Cash Flow
AVO
AVO
VIAV
VIAV
Q1 26
Q4 25
$55.6M
$36.9M
Q3 25
$22.6M
$22.5M
Q2 25
$-25.0M
$18.3M
Q1 25
$-16.0M
$1.0M
Q4 24
$31.1M
$36.5M
Q3 24
$34.9M
$6.2M
Q2 24
$-4.4M
$22.4M
FCF Margin
AVO
AVO
VIAV
VIAV
Q1 26
Q4 25
17.4%
10.0%
Q3 25
6.3%
7.5%
Q2 25
-6.6%
6.3%
Q1 25
-4.8%
0.4%
Q4 24
8.8%
13.5%
Q3 24
10.8%
2.6%
Q2 24
-1.5%
8.9%
Capex Intensity
AVO
AVO
VIAV
VIAV
Q1 26
Q4 25
3.6%
1.5%
Q3 25
3.3%
2.8%
Q2 25
3.5%
1.9%
Q1 25
4.4%
2.4%
Q4 24
1.9%
3.0%
Q3 24
2.3%
3.1%
Q2 24
2.6%
1.5%
Cash Conversion
AVO
AVO
VIAV
VIAV
Q1 26
Q4 25
4.20×
Q3 25
2.34×
Q2 25
-3.81×
2.98×
Q1 25
-0.31×
0.40×
Q4 24
2.20×
4.91×
Q3 24
3.43×
Q2 24
0.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVO
AVO

Avocado$256.9M81%
Blueberry$36.5M11%
Mango$18.7M6%
Other$6.9M2%

VIAV
VIAV

Segment breakdown not available.

Related Comparisons