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Side-by-side financial comparison of LA-Z-BOY INC (LZB) and VIAVI SOLUTIONS INC. (VIAV). Click either name above to swap in a different company.

LA-Z-BOY INC is the larger business by last-quarter revenue ($541.6M vs $369.3M, roughly 1.5× VIAVI SOLUTIONS INC.). LA-Z-BOY INC runs the higher net margin — 4.0% vs -13.0%, a 17.0% gap on every dollar of revenue. On growth, VIAVI SOLUTIONS INC. posted the faster year-over-year revenue change (36.4% vs 3.8%). LA-Z-BOY INC produced more free cash flow last quarter ($71.6M vs $36.9M). Over the past eight quarters, VIAVI SOLUTIONS INC.'s revenue compounded faster (22.5% CAGR vs -1.1%).

La-Z-Boy Inc. is an American furniture manufacturer based in Monroe, Michigan, United States, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.

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.

LZB vs VIAV — Head-to-Head

Bigger by revenue
LZB
LZB
1.5× larger
LZB
$541.6M
$369.3M
VIAV
Growing faster (revenue YoY)
VIAV
VIAV
+32.6% gap
VIAV
36.4%
3.8%
LZB
Higher net margin
LZB
LZB
17.0% more per $
LZB
4.0%
-13.0%
VIAV
More free cash flow
LZB
LZB
$34.7M more FCF
LZB
$71.6M
$36.9M
VIAV
Faster 2-yr revenue CAGR
VIAV
VIAV
Annualised
VIAV
22.5%
-1.1%
LZB

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
LZB
LZB
VIAV
VIAV
Revenue
$541.6M
$369.3M
Net Profit
$21.6M
$-48.1M
Gross Margin
43.1%
57.0%
Operating Margin
5.5%
3.1%
Net Margin
4.0%
-13.0%
Revenue YoY
3.8%
36.4%
Net Profit YoY
-23.8%
-628.6%
EPS (diluted)
$0.52
$-0.21

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
LZB
LZB
VIAV
VIAV
Q1 26
$541.6M
Q4 25
$522.5M
$369.3M
Q3 25
$492.2M
$299.1M
Q2 25
$570.9M
$290.5M
Q1 25
$521.8M
$284.8M
Q4 24
$521.0M
$270.8M
Q3 24
$495.5M
$238.2M
Q2 24
$553.5M
$252.0M
Net Profit
LZB
LZB
VIAV
VIAV
Q1 26
$21.6M
Q4 25
$28.9M
$-48.1M
Q3 25
$18.2M
$-21.4M
Q2 25
$14.9M
$8.0M
Q1 25
$28.4M
$19.5M
Q4 24
$30.0M
$9.1M
Q3 24
$26.2M
$-1.8M
Q2 24
$39.3M
$-21.7M
Gross Margin
LZB
LZB
VIAV
VIAV
Q1 26
43.1%
Q4 25
44.2%
57.0%
Q3 25
42.5%
56.5%
Q2 25
44.0%
56.3%
Q1 25
44.3%
56.4%
Q4 24
44.3%
59.4%
Q3 24
43.1%
57.1%
Q2 24
43.4%
57.8%
Operating Margin
LZB
LZB
VIAV
VIAV
Q1 26
5.5%
Q4 25
6.9%
3.1%
Q3 25
4.5%
2.5%
Q2 25
5.2%
5.3%
Q1 25
6.7%
3.0%
Q4 24
7.4%
8.2%
Q3 24
6.5%
4.8%
Q2 24
9.1%
-2.3%
Net Margin
LZB
LZB
VIAV
VIAV
Q1 26
4.0%
Q4 25
5.5%
-13.0%
Q3 25
3.7%
-7.2%
Q2 25
2.6%
2.8%
Q1 25
5.4%
6.8%
Q4 24
5.8%
3.4%
Q3 24
5.3%
-0.8%
Q2 24
7.1%
-8.6%
EPS (diluted)
LZB
LZB
VIAV
VIAV
Q1 26
$0.52
Q4 25
$0.70
$-0.21
Q3 25
$0.44
$-0.10
Q2 25
$0.35
$0.03
Q1 25
$0.68
$0.09
Q4 24
$0.71
$0.04
Q3 24
$0.61
$-0.01
Q2 24
$0.91
$-0.10

Balance Sheet & Financial Strength

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

Metric
LZB
LZB
VIAV
VIAV
Cash + ST InvestmentsLiquidity on hand
$306.1M
$767.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.0B
$834.3M
Total Assets
$2.1B
$2.8B
Debt / EquityLower = less leverage
1.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LZB
LZB
VIAV
VIAV
Q1 26
$306.1M
Q4 25
$338.5M
$767.4M
Q3 25
$318.5M
$545.6M
Q2 25
$328.4M
$425.3M
Q1 25
$314.6M
$396.8M
Q4 24
$303.1M
$509.4M
Q3 24
$342.3M
$493.1M
Q2 24
$341.1M
$491.2M
Total Debt
LZB
LZB
VIAV
VIAV
Q1 26
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
LZB
LZB
VIAV
VIAV
Q1 26
$1.0B
Q4 25
$1.0B
$834.3M
Q3 25
$1.0B
$723.9M
Q2 25
$1.0B
$780.2M
Q1 25
$1.0B
$728.8M
Q4 24
$1.0B
$682.8M
Q3 24
$999.2M
$702.1M
Q2 24
$1.0B
$681.6M
Total Assets
LZB
LZB
VIAV
VIAV
Q1 26
$2.1B
Q4 25
$2.0B
$2.8B
Q3 25
$1.9B
$2.1B
Q2 25
$1.9B
$2.0B
Q1 25
$2.0B
$1.9B
Q4 24
$1.9B
$1.7B
Q3 24
$1.9B
$1.7B
Q2 24
$1.9B
$1.7B
Debt / Equity
LZB
LZB
VIAV
VIAV
Q1 26
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
LZB
LZB
VIAV
VIAV
Operating Cash FlowLast quarter
$89.4M
$42.5M
Free Cash FlowOCF − Capex
$71.6M
$36.9M
FCF MarginFCF / Revenue
13.2%
10.0%
Capex IntensityCapex / Revenue
3.3%
1.5%
Cash ConversionOCF / Net Profit
4.13×
TTM Free Cash FlowTrailing 4 quarters
$158.2M
$78.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LZB
LZB
VIAV
VIAV
Q1 26
$89.4M
Q4 25
$50.0M
$42.5M
Q3 25
$36.3M
$31.0M
Q2 25
$62.0M
$23.8M
Q1 25
$57.0M
$7.8M
Q4 24
$15.9M
$44.7M
Q3 24
$52.3M
$13.5M
Q2 24
$52.8M
$26.2M
Free Cash Flow
LZB
LZB
VIAV
VIAV
Q1 26
$71.6M
Q4 25
$29.6M
$36.9M
Q3 25
$17.8M
$22.5M
Q2 25
$39.3M
$18.3M
Q1 25
$38.2M
$1.0M
Q4 24
$-1.2M
$36.5M
Q3 24
$36.7M
$6.2M
Q2 24
$37.3M
$22.4M
FCF Margin
LZB
LZB
VIAV
VIAV
Q1 26
13.2%
Q4 25
5.7%
10.0%
Q3 25
3.6%
7.5%
Q2 25
6.9%
6.3%
Q1 25
7.3%
0.4%
Q4 24
-0.2%
13.5%
Q3 24
7.4%
2.6%
Q2 24
6.7%
8.9%
Capex Intensity
LZB
LZB
VIAV
VIAV
Q1 26
3.3%
Q4 25
3.9%
1.5%
Q3 25
3.8%
2.8%
Q2 25
4.0%
1.9%
Q1 25
3.6%
2.4%
Q4 24
3.3%
3.0%
Q3 24
3.2%
3.1%
Q2 24
2.8%
1.5%
Cash Conversion
LZB
LZB
VIAV
VIAV
Q1 26
4.13×
Q4 25
1.73×
Q3 25
1.99×
Q2 25
4.15×
2.98×
Q1 25
2.01×
0.40×
Q4 24
0.53×
4.91×
Q3 24
2.00×
Q2 24
1.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LZB
LZB

Stationary Upholstery Furniture$286.2M53%
Retail Segment$251.9M47%

VIAV
VIAV

Products$317.3M86%
Services$52.0M14%

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