Diodes vs Viavi Solutions
Diodes and Viavi Solutions are similar in size: $1.48bn and $1.52bn of revenue in their latest fiscal years. Viavi Solutions grew faster (40.0% against 13.0%). Diodes kept more of each dollar of sales as profit: a net margin of 4.5% against -2.0%. Diodes carries less debt relative to equity (3.0% against 44.3%).
| Latest fiscal year | DiodesDIOD, 2025 | Viavi SolutionsVIAV, 2026 |
|---|---|---|
| Revenue | $1.48bn | $1.52bn |
| Revenue growth | 13.0% | 40.0% |
| Net income | $66.1m | −$30.4m |
| Operating margin | 2.4% | 6.9% |
| Net margin | 4.5% | -2.0% |
| Return on equity | 3.6% | -2.7% |
| Free cash flow | $137m | $82.8m |
| Cash | $367m | $648m |
| Total debt | $55.9m | $642m |
| Debt to equity | 3.0% | 44.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $33.8m | $30.0m |
| Employees | 7,989 | 4,100 |
| Market value | $3.86bn | $7.46bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 65 (Moderate) | 69 (Moderate) |
| Insider trades, 12 months | 0 buys, 29 sales | 0 buys, 65 sales |