Vistance Networks, Inc.
VISN- Exchange
- Nasdaq
- Industry
- Radio & Tv Broadcasting & Communications Equipment
- SEC CIK
- 0001517228
In the last 90 days, Vistance Networks, Inc. insiders filed 0 open-market purchases and 2 sales; 354 institutions reported holding it in 13F filings for Q2 2026, worth $2.88B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:51 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 26, 2025 | Feb 29, 2024 | Feb 23, 2023 | Feb 17, 2022 |
| Revenue | $1.93B | $4.21B | $5.79B | $9.23B | $8.59B |
| Cost of revenue | $975.7M | $2.63B | $3.64B | $6.42B | $5.90B |
| Gross profit | $955.9M | $1.58B | $2.15B | $2.80B | $2.68B |
| Operating expenses | $943.8M | $1.34B | $2.26B | $3.52B | $2.64B |
| Research and development | $283.5M | $316.2M | $459.7M | $657.4M | $683.2M |
| Selling, general and administrative | $497.4M | $755.5M | $873.3M | $1.14B | $1.23B |
| Operating income | $47.6M | $256.5M | -$112.9M | -$713.8M | $48.6M |
| Interest expense | – | $686.9M | $675.8M | $588.9M | $561.2M |
| Income tax | -$269.4M | $51.7M | $133.4M | -$13.1M | -$71.9M |
| Net income | $2.28B | -$315.5M | -$1.45B | -$1.29B | -$462.6M |
| EPS, basic | $10.09 | $-1.78 | $-7.17 | $-6.49 | $-2.55 |
| EPS, diluted | $9.63 | $-1.78 | $-7.17 | $-6.49 | $-2.55 |
| Weighted shares, basic | 219.5M | 214.4M | 210.9M | 207.4M | 203.6M |
| Weighted shares, diluted | 230.0M | 214.4M | 210.9M | 207.4M | 203.6M |
| Margins and growth | |||||
| Gross margin | 49.5% | 37.5% | 37.1% | 30.4% | 31.3% |
| Operating margin | 2.5% | 6.1% | -2.0% | -7.7% | 0.6% |
| Net margin | 118.2% | -7.5% | -25.1% | -13.9% | -5.4% |
| Revenue growth, year over year | −54.1% | −27.4% | −37.3% | +7.5% | +1.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025! | FY2024! | FY2023! | FY2022! | FY2021! |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 26, 2025 | Feb 29, 2024 | Feb 23, 2023 | Feb 17, 2022 |
| Cash and equivalents | $754.4M | $564.9M | $543.8M | $398.1M | $360.3M |
| Accounts receivable | $350.4M | $685.9M | $815.2M | $1.52B | $1.53B |
| Inventory | $310.4M | $736.8M | $1.08B | $1.59B | $1.44B |
| Total current assets | $5.80B | $3.48B | $2.86B | $3.73B | $3.58B |
| Property, plant and equipment | $58.6M | $342.2M | $500.6M | $609.6M | $656.3M |
| Goodwill | $764.6M | $2.87B | $3.51B | $4.07B | $5.23B |
| Intangible assets | $839.1M | $1.22B | $1.58B | $2.47B | $3.03B |
| Total assets | $9.37B | $8.75B | $9.37B | $11.7B | $13.3B |
| Accounts payable | $213.3M | $370.7M | $435.9M | $1.03B | $1.16B |
| Short-term debt | $0 | $0 | $32.0M | $32.0M | $32.0M |
| Total current liabilities | $1.50B | $1.23B | $1.41B | $2.11B | $2.18B |
| Long-term debt | $7.26B | $9.24B | $9.25B | $9.47B | $9.48B |
| Total liabilities | $9.10B | $11.0B | $11.2B | $12.1B | $12.4B |
| Shareholders' equity | -$1.00B | -$3.46B | -$2.97B | -$1.55B | -$156.6M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 26, 2025 | Feb 29, 2024 | Feb 23, 2023 | Feb 17, 2022 |
| Operating cash flow | $322.9M | $273.1M | $289.9M | $190.0M | $122.3M |
| Capital expenditures | $70.3M | $25.3M | $53.3M | $101.3M | $131.4M |
| Free cash flow | $252.6M | $247.8M | $236.6M | $88.7M | -$9.10M |
| Depreciation and amortization | $277.0M | $370.5M | $561.2M | $696.1M | $786.3M |
| Stock-based compensation | $42.7M | $29.1M | $47.3M | $61.1M | $79.6M |
| Investing cash flow | $1.98B | -$57.2M | $38.3M | -$82.1M | -$136.8M |
| Financing cash flow | -$2.05B | -$83.0M | -$181.7M | -$65.0M | -$139.5M |
| Net change in cash | $259.5M | $119.5M | $145.7M | $37.8M | -$161.6M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 2.2% | 0.7% | 0.8% | 0.7% | 0.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 22, 2026 | 203.6M | −8.1% | SEC |
| Jul 22, 2026 | 230.6M | +4.1% | SEC |
| Apr 20, 2026 | 225.6M | +4.1% | SEC |
| Feb 12, 2026 | 225.5M | +4.1% | SEC |
| Oct 23, 2025 | 221.5M | +2.6% | SEC |
| Jul 23, 2025 | 221.5M | +2.6% | SEC |
| Apr 21, 2025 | 216.6M | +2.0% | SEC |
| Feb 12, 2025 | 216.6M | +2.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.