vs

Side-by-side financial comparison of Boot Barn Holdings, Inc. (BOOT) and VIAVI SOLUTIONS INC. (VIAV). Click either name above to swap in a different company.

Boot Barn Holdings, Inc. is the larger business by last-quarter revenue ($705.6M vs $406.8M, roughly 1.7× VIAVI SOLUTIONS INC.). Boot Barn Holdings, Inc. runs the higher net margin — 12.2% vs 1.6%, a 10.6% gap on every dollar of revenue. On growth, VIAVI SOLUTIONS INC. posted the faster year-over-year revenue change (42.8% vs 16.0%). Over the past eight quarters, Boot Barn Holdings, Inc.'s revenue compounded faster (34.8% CAGR vs 27.1%).

Henry Boot plc is a British property development business based in Sheffield, England. It was floated on the London Stock Exchange in 1919, becoming the first quoted housebuilder. Between the wars, Henry Boot built more houses than any other company. The company remains a significant construction and property management company operating in the UK.

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.

BOOT vs VIAV — Head-to-Head

Bigger by revenue
BOOT
BOOT
1.7× larger
BOOT
$705.6M
$406.8M
VIAV
Growing faster (revenue YoY)
VIAV
VIAV
+26.8% gap
VIAV
42.8%
16.0%
BOOT
Higher net margin
BOOT
BOOT
10.6% more per $
BOOT
12.2%
1.6%
VIAV
Faster 2-yr revenue CAGR
BOOT
BOOT
Annualised
BOOT
34.8%
27.1%
VIAV

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
BOOT
BOOT
VIAV
VIAV
Revenue
$705.6M
$406.8M
Net Profit
$85.8M
$6.4M
Gross Margin
39.9%
57.5%
Operating Margin
16.3%
6.1%
Net Margin
12.2%
1.6%
Revenue YoY
16.0%
42.8%
Net Profit YoY
14.3%
-76.1%
EPS (diluted)
$2.79
$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
BOOT
BOOT
VIAV
VIAV
Q1 26
$406.8M
Q4 25
$705.6M
$369.3M
Q3 25
$505.4M
$299.1M
Q2 25
$504.1M
$290.5M
Q1 25
$453.7M
$284.8M
Q4 24
$608.2M
$270.8M
Q3 24
$425.8M
$238.2M
Q2 24
$423.4M
$252.0M
Net Profit
BOOT
BOOT
VIAV
VIAV
Q1 26
$6.4M
Q4 25
$85.8M
$-48.1M
Q3 25
$42.2M
$-21.4M
Q2 25
$53.4M
$8.0M
Q1 25
$37.5M
$19.5M
Q4 24
$75.1M
$9.1M
Q3 24
$29.4M
$-1.8M
Q2 24
$38.9M
$-21.7M
Gross Margin
BOOT
BOOT
VIAV
VIAV
Q1 26
57.5%
Q4 25
39.9%
57.0%
Q3 25
36.4%
56.5%
Q2 25
39.1%
56.3%
Q1 25
37.1%
56.4%
Q4 24
39.3%
59.4%
Q3 24
35.9%
57.1%
Q2 24
37.0%
57.8%
Operating Margin
BOOT
BOOT
VIAV
VIAV
Q1 26
6.1%
Q4 25
16.3%
3.1%
Q3 25
11.2%
2.5%
Q2 25
14.0%
5.3%
Q1 25
11.0%
3.0%
Q4 24
16.4%
8.2%
Q3 24
9.4%
4.8%
Q2 24
11.9%
-2.3%
Net Margin
BOOT
BOOT
VIAV
VIAV
Q1 26
1.6%
Q4 25
12.2%
-13.0%
Q3 25
8.4%
-7.2%
Q2 25
10.6%
2.8%
Q1 25
8.3%
6.8%
Q4 24
12.3%
3.4%
Q3 24
6.9%
-0.8%
Q2 24
9.2%
-8.6%
EPS (diluted)
BOOT
BOOT
VIAV
VIAV
Q1 26
$0.03
Q4 25
$2.79
$-0.21
Q3 25
$1.37
$-0.10
Q2 25
$1.74
$0.03
Q1 25
$1.24
$0.09
Q4 24
$2.43
$0.04
Q3 24
$0.95
$-0.01
Q2 24
$1.26
$-0.10

Balance Sheet & Financial Strength

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

Metric
BOOT
BOOT
VIAV
VIAV
Cash + ST InvestmentsLiquidity on hand
$200.1M
$500.8M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$846.5M
Total Assets
$2.4B
$2.5B
Debt / EquityLower = less leverage
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOOT
BOOT
VIAV
VIAV
Q1 26
$500.8M
Q4 25
$200.1M
$767.4M
Q3 25
$64.7M
$545.6M
Q2 25
$95.3M
$425.3M
Q1 25
$69.8M
$396.8M
Q4 24
$152.9M
$509.4M
Q3 24
$37.4M
$493.1M
Q2 24
$83.4M
$491.2M
Total Debt
BOOT
BOOT
VIAV
VIAV
Q1 26
$1.1B
Q4 25
$1.2B
Q3 25
$640.5M
Q2 25
$396.3M
Q1 25
$396.1M
Q4 24
$639.3M
Q3 24
$637.6M
Q2 24
$636.0M
Stockholders' Equity
BOOT
BOOT
VIAV
VIAV
Q1 26
$846.5M
Q4 25
$1.3B
$834.3M
Q3 25
$1.2B
$723.9M
Q2 25
$1.2B
$780.2M
Q1 25
$1.1B
$728.8M
Q4 24
$1.1B
$682.8M
Q3 24
$1.0B
$702.1M
Q2 24
$981.8M
$681.6M
Total Assets
BOOT
BOOT
VIAV
VIAV
Q1 26
$2.5B
Q4 25
$2.4B
$2.8B
Q3 25
$2.3B
$2.1B
Q2 25
$2.1B
$2.0B
Q1 25
$2.0B
$1.9B
Q4 24
$2.0B
$1.7B
Q3 24
$1.9B
$1.7B
Q2 24
$1.8B
$1.7B
Debt / Equity
BOOT
BOOT
VIAV
VIAV
Q1 26
1.28×
Q4 25
1.46×
Q3 25
0.88×
Q2 25
0.51×
Q1 25
0.54×
Q4 24
0.94×
Q3 24
0.91×
Q2 24
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
BOOT
BOOT
VIAV
VIAV
Operating Cash FlowLast quarter
$209.7M
Free Cash FlowOCF − Capex
$148.0M
FCF MarginFCF / Revenue
21.0%
Capex IntensityCapex / Revenue
8.7%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$89.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOOT
BOOT
VIAV
VIAV
Q1 26
Q4 25
$209.7M
$42.5M
Q3 25
$25.7M
$31.0M
Q2 25
$73.8M
$23.8M
Q1 25
$-43.1M
$7.8M
Q4 24
$157.1M
$44.7M
Q3 24
$-7.8M
$13.5M
Q2 24
$41.3M
$26.2M
Free Cash Flow
BOOT
BOOT
VIAV
VIAV
Q1 26
Q4 25
$148.0M
$36.9M
Q3 25
$-17.5M
$22.5M
Q2 25
$42.4M
$18.3M
Q1 25
$-83.1M
$1.0M
Q4 24
$114.2M
$36.5M
Q3 24
$-46.1M
$6.2M
Q2 24
$14.2M
$22.4M
FCF Margin
BOOT
BOOT
VIAV
VIAV
Q1 26
Q4 25
21.0%
10.0%
Q3 25
-3.5%
7.5%
Q2 25
8.4%
6.3%
Q1 25
-18.3%
0.4%
Q4 24
18.8%
13.5%
Q3 24
-10.8%
2.6%
Q2 24
3.4%
8.9%
Capex Intensity
BOOT
BOOT
VIAV
VIAV
Q1 26
Q4 25
8.7%
1.5%
Q3 25
8.6%
2.8%
Q2 25
6.2%
1.9%
Q1 25
8.8%
2.4%
Q4 24
7.1%
3.0%
Q3 24
9.0%
3.1%
Q2 24
6.4%
1.5%
Cash Conversion
BOOT
BOOT
VIAV
VIAV
Q1 26
Q4 25
2.44×
Q3 25
0.61×
Q2 25
1.38×
2.98×
Q1 25
-1.15×
0.40×
Q4 24
2.09×
4.91×
Q3 24
-0.26×
Q2 24
1.06×

Financial Flow Comparison

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

Related Comparisons