NASDAQ : VISN
Vistance Networks, Inc. — Financial statements
Other · United States
Last price 6.54 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 1.51B
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Financial statements
Vistance Networks, Inc. (VISN) reported revenue of 1.99B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.99B | 1.93B | 1.38B | 1.86B | 5.79B | 6.74B |
| Cost of Revenue | 1.05B | 975.70M | 777.50M | 963.50M | 3.80B | 4.30B |
| Gross Profit | 935.10M | 955.90M | 605.10M | 900.30M | 1.99B | 2.44B |
| Selling, General & Admin | 437.70M | 467.50M | 408.60M | 485.30M | 873.60M | 1.03B |
| Research & Development | 265.10M | 283.50M | 247.50M | 318.80M | 451.60M | 565.00M |
| Amortization of Goodwill & Intangibles | 133.80M | 138.40M | 165.10M | 227.00M | 400.10M | 510.00M |
| Other Operating Expenses | -23.00M | -35.50M | -24.50M | |||
| Operating Expenses | 813.60M | 853.90M | 796.70M | 1.03B | 1.73B | 2.10B |
| Operating Income | 121.50M | 102.00M | -191.60M | -130.80M | 260.30M | 335.80M |
| Interest Expense | -800.00K | -588.90M | -561.20M | |||
| Interest & Investment Income | 35.40M | 16.70M | 10.90M | 11.10M | 2.80M | 1.90M |
| Currency Exchange Gain (Loss) | -2.80M | -8.00M | 6.20M | 1.60M | -4.00M | -4.10M |
| Other Non Operating Income (Expenses) | 3.10M | -1.40M | 1.70M | 73.90M | 4.90M | -25.90M |
| EBT Excluding Unusual Items | 156.40M | 109.30M | -172.80M | -44.20M | -324.90M | -253.50M |
| Merger & Restructuring Charges | -23.30M | -19.70M | -36.70M | -29.40M | -41.80M | -85.10M |
| Impairment of Goodwill | -472.30M | -1.12B | ||||
| Gain (Loss) on Sale of Assets | -4.80M | -4.80M | ||||
| Other Unusual Items | -32.20M | -29.90M | -63.40M | -27.10M | -35.10M | -50.60M |
| Pretax Income | 96.10M | 54.90M | -272.90M | -573.00M | -1.52B | -389.20M |
| Income Tax Expense | 67.50M | -269.40M | -66.90M | 79.80M | -91.30M | -39.20M |
| Earnings From Continuing Operations | 28.60M | 324.30M | -206.00M | -652.80M | -1.43B | -350.00M |
| Earnings From Discontinued Operations | 7.24B | 1.96B | -109.50M | -854.00M | 143.20M | -112.60M |
| Net Income | 7.27B | 2.28B | -315.50M | -1.51B | -1.29B | -462.60M |
| Preferred Dividends & Other Adjustments | 48.50M | 68.90M | 65.20M | 61.80M | 59.00M | 57.30M |
| Net Income to Common | 7.22B | 2.21B | -380.70M | -1.57B | -1.35B | -519.90M |
| Shares Outstanding (Basic) | 224.00M | 219.50M | 214.40M | 210.90M | 207.40M | 203.60M |
| Shares Outstanding (Diluted) | 224.00M | 230.00M | 214.40M | 210.90M | 207.40M | 203.60M |
| EPS (Basic) | 32.24 | 10.09 | -1.78 | -7.44 | -6.49 | -2.55 |
| EPS (Diluted) | 32.09 | 9.63 | -1.78 | -7.44 | -6.49 | -2.55 |
| Free Cash Flow | 86.90M | 252.60M | 247.80M | 236.60M | 88.70M | -9.10M |
| Free Cash Flow Per Share | 0.39 | 1.10 | 1.16 | 1.12 | 0.43 | -0.04 |
| Gross Margin | 46.99% | 49.49% | 43.77% | 48.30% | 34.30% | 36.21% |
| Operating Margin | 6.11% | 5.28% | -13.86% | -7.02% | 4.50% | 4.98% |
| Profit Margin | 362.96% | 114.66% | -27.53% | -84.16% | -23.25% | -7.72% |
| Free Cash Flow Margin | 4.37% | 13.08% | 17.92% | 12.69% | 1.53% | -0.14% |
| EBITDA | 307.80M | 379.00M | 178.90M | 430.40M | 956.40M | 1.12B |
| EBITDA Margin | 15.47% | 19.62% | 12.94% | 23.09% | 16.52% | 16.66% |
| D&A For EBITDA | 186.30M | 277.00M | 370.50M | 561.20M | 696.10M | 786.30M |
| EBIT | 121.50M | 102.00M | -191.60M | -130.80M | 260.30M | 335.80M |
| EBIT Margin | 6.11% | 5.28% | -13.86% | -7.02% | 4.50% | 4.98% |
| Effective Tax Rate | 70.24% | |||||
| Advertising Expenses | 13.70M | 11.00M | 10.40M | 30.60M | 28.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 113.60M | 754.40M | 404.10M | 500.30M | 373.00M | 360.30M |
| Cash & Short-Term Investments | 113.60M | 754.40M | 404.10M | 500.30M | 373.00M | 360.30M |
| Accounts Receivable | 280.50M | 350.40M | 252.20M | 576.00M | 1.15B | 1.44B |
| Other Receivables | 5.90M | 31.30M | 96.40M | |||
| Receivables | 280.50M | 350.40M | 252.20M | 581.90M | 1.18B | 1.53B |
| Inventory | 313.80M | 310.40M | 403.00M | 900.80M | 1.38B | 1.44B |
| Prepaid Expenses | 230.40M | 56.50M | 89.40M | 126.30M | 167.20M | 245.30M |
| Other Current Assets | 977.10M | 4.32B | 2.34B | 716.70M | 631.70M | 5.70M |
| Total Current Assets | 1.92B | 5.80B | 3.48B | 2.83B | 3.73B | 3.58B |
| Property, Plant & Equipment | 78.50M | 115.70M | 143.50M | 585.40M | 742.90M | 818.80M |
| Long-Term Investments | 8.60M | |||||
| Goodwill | 268.70M | 764.60M | 759.60M | 2.90B | 4.07B | 5.23B |
| Other Intangible Assets | 678.30M | 839.10M | 979.30M | 1.46B | 1.92B | 3.03B |
| Long-Term Deferred Tax Assets | 460.20M | 1.77B | 431.50M | 611.60M | 494.60M | 427.10M |
| Other Long-Term Assets | 95.70M | 89.50M | 2.95B | 952.30M | 725.70M | 174.90M |
| Total Assets | 3.50B | 9.37B | 8.75B | 9.33B | 11.69B | 13.26B |
| Accounts Payable | 183.30M | 213.30M | 123.40M | 330.70M | 684.30M | 1.16B |
| Accrued Expenses | 34.50M | 240.80M | 200.60M | 259.90M | 404.00M | 423.00M |
| Current Portion of Long-Term Debt | 32.00M | 32.00M | 33.50M | |||
| Current Portion of Leases | 8.80M | 13.90M | 14.80M | 35.30M | 44.40M | 46.70M |
| Current Unearned Revenue | 37.80M | 106.50M | 94.70M | 84.40M | 88.90M | 94.60M |
| Other Current Liabilities | 481.40M | 921.00M | 796.20M | 663.20M | 853.90M | 424.00M |
| Total Current Liabilities | 745.80M | 1.50B | 1.23B | 1.41B | 2.11B | 2.18B |
| Long-Term Debt | 7.26B | 9.24B | 9.25B | 9.47B | 9.49B | |
| Long-Term Leases | 30.60M | 55.50M | 58.50M | 128.20M | 119.40M | 140.80M |
| Long-Term Unearned Revenue | 1.80M | 93.70M | 84.20M | 70.60M | 57.10M | 61.10M |
| Pension & Post-Retirement Benefits | 25.00M | 23.80M | 33.80M | |||
| Long-Term Deferred Tax Liabilities | 66.20M | 67.20M | 90.90M | 94.80M | 115.50M | 208.20M |
| Other Long-Term Liabilities | 146.60M | 124.30M | 274.60M | 216.40M | 238.20M | 244.80M |
| Total Liabilities | 991.00M | 9.10B | 10.98B | 11.20B | 12.13B | 12.36B |
| Common Stock | 2.50M | 2.40M | 2.30M | 2.30M | 2.20M | 2.20M |
| Additional Paid-In Capital | 2.50B | 2.49B | 2.51B | 2.55B | 2.54B | 2.54B |
| Retained Earnings | 376.70M | -3.04B | -5.32B | -5.01B | -3.50B | -2.22B |
| Treasury Stock | -378.10M | -334.90M | -303.60M | -301.70M | -292.60M | -277.80M |
| Comprehensive Income & Other | 800.00K | -118.70M | -344.50M | -266.70M | -296.30M | -206.40M |
| Total Common Equity | 2.51B | -1.00B | -3.46B | -3.02B | -1.55B | -156.60M |
| Shareholders' Equity | 2.51B | 274.60M | -2.23B | -1.86B | -445.70M | 899.50M |
| Total Liabilities & Equity | 3.50B | 9.37B | 8.75B | 9.33B | 11.69B | 13.26B |
| Total Debt | 39.40M | 7.33B | 9.31B | 9.45B | 9.67B | 9.71B |
| Net Cash (Debt) | 74.20M | -6.58B | -8.91B | -8.95B | -9.29B | -9.35B |
| Net Cash Per Share | 0.33 | -28.59 | -41.55 | -42.44 | -44.80 | -45.92 |
| Filing Date Shares Outstanding | 230.63M | 225.46M | 216.56M | 212.27M | 208.46M | 204.62M |
| Total Common Shares Outstanding | 230.05M | 223.26M | 215.89M | 212.11M | 208.37M | 204.57M |
| Working Capital | 1.17B | 4.30B | 2.25B | 1.42B | 1.62B | 1.40B |
| Book Value Per Share | 10.89 | -4.50 | -16.01 | -14.26 | -7.42 | -0.77 |
| Tangible Book Value | 1.56B | -2.61B | -5.20B | -7.38B | -7.53B | -8.42B |
| Tangible Book Value Per Share | 6.78 | -11.68 | -24.06 | -34.80 | -36.15 | -41.14 |
| Land | 3.80M | 4.20M | 28.20M | 52.20M | 54.10M | |
| Buildings | 76.20M | 90.60M | 261.10M | 339.50M | 334.40M | |
| Machinery | 141.00M | 238.40M | 832.30M | 1.01B | 968.00M | |
| Construction In Progress | 12.10M | 4.80M | 25.10M | 51.90M | 87.20M | |
| Order Backlog | 631.80M | 609.20M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 7.27B | 2.28B | -315.50M | -1.51B | -1.29B | -462.60M |
| Depreciation & Amortization | 186.30M | 277.00M | 370.50M | 561.20M | 696.10M | 786.30M |
| Asset Writedown & Restructuring Costs | 472.30M | 1.12B | 13.70M | |||
| Stock-Based Compensation | 42.20M | 42.70M | 29.10M | 47.30M | 61.10M | 79.60M |
| Other Operating Activities | 13.00M | -1.29B | 78.10M | -284.60M | -112.20M | -97.40M |
| Change in Accounts Receivable | -82.80M | -281.30M | -137.60M | 471.90M | -16.00M | -59.60M |
| Change in Inventory | -118.00M | -92.00M | 152.50M | 391.30M | -178.80M | -359.80M |
| Change in Accounts Payable | 16.80M | 325.70M | 143.50M | -720.20M | -43.20M | 256.00M |
| Change in Other Net Operating Assets | -186.10M | -77.60M | -94.60M | 93.20M | -49.70M | -33.90M |
| Operating Cash Flow | 133.30M | 322.90M | 273.10M | 297.30M | 190.00M | 122.30M |
| Capital Expenditures | -46.40M | -70.30M | -25.30M | -60.70M | -101.30M | -131.40M |
| Sale of Property, Plant & Equipment | 10.00M | 200.00K | 71.20M | 100.00K | 13.10M | |
| Cash Acquisitions | -45.10M | |||||
| Divestitures | 10.54B | 2.04B | ||||
| Other Investing Activities | 13.00M | 20.40M | 19.10M | -18.50M | ||
| Investing Cash Flow | 10.50B | 1.98B | -57.20M | 30.90M | -82.10M | -136.80M |
| Long-Term Debt Issued | 50.00M | 4.35B | 333.00M | 1.25B | ||
| Long-Term Debt Repaid | -2.05B | -4.34B | -174.60M | -365.00M | -1.28B | |
| Net Debt Issued (Repaid) | -7.37B | -2.00B | 11.40M | -174.60M | -32.00M | -32.00M |
| Issuance of Common Stock | 1.80M | 5.60M | ||||
| Repurchase of Common Stock | -63.60M | -31.30M | -1.90M | -9.10M | -14.80M | -26.40M |
| Preferred Dividends Paid | -19.30M | -17.60M | -14.90M | -43.00M | ||
| Dividends Paid | -19.30M | -17.60M | -14.90M | -43.00M | ||
| Other Financing Activities | -2.60M | -5.70M | -92.50M | 2.00M | -3.30M | -43.70M |
| Financing Cash Flow | -11.05B | -2.05B | -83.00M | -181.70M | -65.00M | -139.50M |
| Foreign Exchange Rate Adjustments | 1.30M | 8.60M | -13.40M | -800.00K | -5.10M | -7.60M |
| Net Cash Flow | -419.50M | 259.50M | 119.50M | 145.70M | 37.80M | -161.60M |
| Free Cash Flow | 86.90M | 252.60M | 247.80M | 236.60M | 88.70M | -9.10M |
| Free Cash Flow Margin | 4.37% | 13.08% | 17.92% | 12.69% | 1.53% | -0.14% |
| Free Cash Flow Per Share | 0.39 | 1.10 | 1.16 | 1.12 | 0.43 | -0.04 |
| Levered Free Cash Flow | 5.24M | -1.39B | -633.05M | 784.55M | 234.22M | 441.32M |
| Unlevered Free Cash Flow | 5.74M | -1.39B | -633.05M | 784.55M | 602.29M | 792.08M |
| Cash Interest Paid | 399.60M | 640.40M | 649.80M | 654.00M | 563.20M | 525.90M |
| Cash Income Tax Paid | 259.50M | 204.60M | 100.40M | 101.10M | 130.70M | 79.40M |
| Change in Working Capital | -370.10M | -125.20M | 63.80M | 236.20M | -287.70M | -197.30M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.48B | 4.02B | 1.12B | 598.00M | 1.53B | 2.26B |
| Enterprise Value | 1.40B | 11.99B | 11.37B | 10.80B | 12.26B | 12.58B |
| Last Close Price | 6.54 | 5.04 | 1.45 | 0.78 | 2.04 | 3.07 |
| PE Ratio | 0.20 | 1.81 | ||||
| Forward PE | 9.12 | 33.57 | 13.67 | 5.21 | 3.60 | 8.75 |
| PS Ratio | 0.76 | 2.08 | 0.81 | 0.32 | 0.27 | 0.34 |
| PB Ratio | 0.60 | 14.63 | -0.51 | -0.32 | -3.44 | 2.51 |
| P/FCF Ratio | 17.33 | 15.90 | 4.54 | 2.53 | 17.27 | |
| P/OCF Ratio | 11.30 | 12.44 | 4.12 | 2.01 | 8.06 | 18.46 |
| PEG Ratio | 2.49 | 0.27 | 0.15 | 0.16 | 0.66 | |
| EV/Sales Ratio | 0.72 | 6.21 | 8.23 | 5.79 | 2.12 | 1.87 |
| EV/EBITDA Ratio | 4.65 | 31.62 | 63.58 | 25.09 | 12.81 | 11.21 |
| EV/EBIT Ratio | 11.78 | 117.51 | 47.08 | 37.46 | ||
| EV/FCF Ratio | 16.48 | 47.45 | 45.90 | 45.64 | 138.16 | |
| Debt / Equity Ratio | 0.02 | 26.69 | -4.18 | -5.07 | -21.69 | 10.79 |
| Debt / EBITDA Ratio | 0.12 | 18.12 | 45.33 | 20.41 | 9.75 | 7.98 |
| Debt / FCF Ratio | 0.45 | 29.02 | 37.58 | 39.94 | 108.97 | |
| Net Debt / Equity Ratio | -0.03 | 23.95 | -4.00 | -4.80 | -20.85 | 10.39 |
| Net Debt / EBITDA Ratio | -0.24 | 17.35 | 49.79 | 20.79 | 9.72 | 8.33 |
| Net Debt / FCF Ratio | -0.85 | 26.03 | 35.95 | 37.83 | 104.76 | -1,027.42 |
| Asset Turnover | 0.35 | 0.21 | 0.15 | 0.18 | 0.46 | 0.50 |
| Inventory Turnover | 1.86 | 2.73 | 1.19 | 0.85 | 2.71 | 3.40 |
| Quick Ratio | 0.53 | 0.74 | 0.53 | 0.77 | 0.74 | 0.87 |
| Current Ratio | 2.57 | 3.88 | 2.83 | 2.01 | 1.77 | 1.64 |
| Return on Equity (ROE) | 4.31% | -630.28% | -30.48% | |||
| Return on Assets (ROA) | 1.35% | 0.70% | -1.32% | -0.78% | 1.30% | 1.56% |
| Return on Invested Capital (ROIC) | 1.58% | 1.42% | -2.48% | -1.49% | 2.63% | 3.22% |
| Return on Capital Employed (ROCE) | 4.40% | 1.30% | -2.50% | -1.70% | 2.70% | 3.00% |
| Earnings Yield | 501.40% | 56.85% | -28.05% | -251.97% | -84.04% | -20.49% |
| FCF Yield | 5.77% | 6.29% | 22.03% | 39.56% | 5.79% | -0.40% |
| Payout Ratio | 51.42% | 0.77% | ||||
| Buyback Yield / Dilution | 8.23% | -7.28% | -1.66% | -1.69% | -1.87% | -3.45% |