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Government Assistance
12 Months Ended
Jun. 27, 2026
Government Assistance [Abstract]  
Government Assistance Government Assistance
VALOR Grant
In the third quarter of fiscal 2024, the U.S. National Telecommunications and Information Administration (NTIA) awarded VIAVI a grant from the Public Wireless Supply Chain Innovation Fund. The grant is expected to provide approximately $21.7 million in funding over a three-year performance period for the VIAVI Automated Lab-as-a-Service for Open RAN (VALOR). During the three-year performance period, VIAVI will be required to spend $5.8 million, consisting of software license fees to operate the lab.
The Company recorded $6.1 million in the form of R&D credits in the Consolidated Statements of Operations during fiscal 2026 under the VALOR Grant. In addition, funding of $0.5 million offset the carrying value of lab equipment purchased during fiscal 2026. For the year ended June 27, 2026, we received cash reimbursement of $6.6 million and had pending receipts of $0.6 million included in Prepayments and other current assets on the Consolidated Balance Sheets.
Other Government Assistance
The Company recorded approximately $7.6 million for other government assistance, primarily R&D credits, in the Consolidated Statements of Operations during fiscal 2026. As of June 27, 2026, the Company had pending receipts of approximately $17.9 million related to other government assistance included in Prepayments and other current assets on the Consolidated Balance Sheets.