VISTANCE NETWORKS, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:19:18Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 252.60M | 247.80M | 236.60M | 88.70M | -9.10M | 315.00M |
| EBITDA | 324.60M | 78.80M | -98.40M | -239.20M | 982.90M | 771.50M |
| Working Capital | 4.30B | 2.25B | 1.42B | 1.62B | 1.40B | 1.40B |
| Net Debt | 6.58B | 8.91B | 8.94B | 9.29B | 9.34B | 9.18B |
| Gross Margin | 49.49% | 43.77% | 48.30% | 34.30% | 36.21% | 32.57% |
| Operating Margin | 2.46% | -21.10% | -35.39% | -16.16% | 2.92% | -0.61% |
| Net Margin | 118.23% | -22.82% | -80.85% | -22.23% | -6.87% | -6.80% |
| Return on Equity (ROE) | -227.44% | 9.13% | 49.82% | 83.24% | 295.40% | -161.52% |
| Return on Assets (ROA) | 24.37% | -3.61% | -16.15% | -11.01% | -3.49% | -4.22% |
| Current Ratio | 3.88× | 2.83× | 2.01× | 1.77× | 1.64× | 1.72× |
| Debt-to-Equity | -7.30× | -2.69× | -3.12× | -6.25× | -61.93× | 27.33× |
| Effective Tax Rate | -490.71% | 24.51% | -13.93% | 6.00% | 10.07% | 12.39% |
| Cash Conversion Ratio | 0.14× | -0.87× | -0.20× | -0.15× | -0.26× | -0.76× |
| Accruals Ratio | 0.21× | -0.07× | -0.19× | -0.13× | -0.04× | -0.07× |
| SBC % of Revenue | 2.21% | 2.10% | 2.54% | 1.06% | 1.18% | 1.36% |
| CapEx Coverage | 4.59× | 10.79× | 4.90× | 1.88× | 0.93× | 3.60× |
| Free Cash Flow Per Share | $1.10 | $1.16 | $1.12 | $0.43 | $-0.04 | $1.60 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 1.88× | — | — | — | — | — |
| P/FCF | 16.51× | 4.51× | 2.51× | 17.18× | — | 8.37× |
| FCF Yield | 6.06% | 22.18% | 39.78% | 5.82% | — | 11.94% |
| EV / EBITDA | 32.73× | 127.31× | — | — | 11.80× | 15.37× |
| P/S | 2.10× | 0.81× | 0.32× | 0.26× | 0.34× | 0.32× |
| P/B | — | — | — | — | — | 7.55× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.93B | 1.38B | 1.86B | 5.79B | 6.74B | 8.44B |
| Cost of Revenue | 975.70M | 777.50M | 963.50M | 3.80B | 4.30B | 5.69B |
| Gross Profit | 955.90M | 605.10M | 900.30M | 1.99B | 2.44B | 2.75B |
| Research and Development Expense | 283.50M | 247.50M | 318.80M | 451.60M | 565.00M | 703.30M |
| Selling, General and Administrative Expense | 497.40M | 472.00M | 512.40M | 907.80M | 1.08B | 1.17B |
| Operating Expenses | 943.80M | 921.30M | 1.56B | 2.92B | 2.24B | 2.80B |
| Operating Income (Loss) | 47.60M | -291.70M | -659.60M | -935.30M | 196.60M | -51.80M |
| Income Tax Expense (Benefit) | -269.40M | -66.90M | 79.80M | -91.30M | -39.20M | -81.10M |
| Net Income (Loss) Attributable to Parent | 2.28B | -315.50M | -1.51B | -1.29B | -462.60M | -573.40M |
| Earnings Per Share, Basic | $10.09 | $-1.78 | $-7.44 | $-6.49 | $-2.55 | $-3.20 |
| Weighted Average Number of Shares Outstanding, Basic | 219.50M | 214.40M | 210.90M | 207.40M | 203.60M | 196.80M |
| Earnings Per Share, Diluted | $9.63 | $-1.78 | $-7.44 | $-6.49 | $-2.55 | $-3.20 |
| Weighted Average Number of Shares Outstanding, Diluted | 230.00M | 214.40M | 210.90M | 207.40M | 203.60M | 196.80M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 754.40M | 404.10M | 500.30M | 373.00M | 360.30M | 521.90M |
| Assets, Current | 5.80B | 3.48B | 2.83B | 3.73B | 3.58B | 3.35B |
| Assets | 9.37B | 8.75B | 9.33B | 11.69B | 13.26B | 13.58B |
| Liabilities, Current | 1.50B | 1.23B | 1.41B | 2.11B | 2.18B | 1.95B |
| Long-term Debt, Excluding Current Maturities | 7.26B | 9.24B | 9.25B | 9.47B | 9.48B | 9.49B |
| Liabilities | 9.10B | 10.98B | 11.20B | 12.13B | 12.36B | 12.18B |
| Stockholders' Equity Attributable to Parent | -1.00B | -3.46B | -3.02B | -1.55B | -156.60M | 355.00M |
| Common Stock, Shares, Outstanding | 223.26M | 215.89M | 212.11M | 208.37M | 204.57M | 200.10M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 322.90M | 273.10M | 297.30M | 190.00M | 122.30M | 436.20M |
| Payments to Acquire Property, Plant, and Equipment | 70.30M | 25.30M | 60.70M | 101.30M | 131.40M | 121.20M |
| Net Cash Provided by (Used in) Investing Activities | 1.98B | -57.20M | 30.90M | -82.10M | -136.80M | -120.20M |
| Net Cash Provided by (Used in) Financing Activities | -2.05B | -83.00M | -181.70M | -65.00M | -139.50M | -383.80M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -228.80M | 255.50M | -2.90M | -137.90M | -202.40M | 270.60M |
| EBITDA | 62.80M | 46.20M | — | — | 61.70M | 35.20M |
| Working Capital | 2.83B | 4.30B | 1.56B | 1.36B | 1.25B | 2.25B |
| Net Debt | -2.44B | 6.58B | 6.69B | 6.82B | 6.89B | 8.91B |
| Gross Margin | 49.53% | -10.66% | 15.00% | 20.14% | 50.91% | -10.67% |
| Operating Margin | 5.02% | 0.13% | 1.15% | 3.47% | -4.20% | 2.88% |
| Net Margin | 1167.44% | -61.84% | 6.65% | 2.29% | 202.01% | -0.41% |
| Return on Equity (ROE) | 119.88% | -135.39% | -4.62% | -1.30% | -30.77% | -0.20% |
| Return on Assets (ROA) | 101.19% | 14.51% | 1.37% | 0.41% | 10.44% | 0.08% |
| Current Ratio | 6.67× | 3.88× | 2.25× | 2.18× | 2.19× | 2.83× |
| Debt-to-Equity | 0.01× | -7.30× | -3.15× | -3.03× | -2.90× | -2.69× |
| Effective Tax Rate | -398.28% | 15.95% | 28.50% | 58.47% | 2179.88% | -133.29% |
| Cash Conversion Ratio | -0.04× | 0.21× | 0.38× | -3.45× | -0.24× | 40.87× |
| Accruals Ratio | 1.05× | 0.12× | 0.01× | 0.02× | 0.13× | -0.03× |
| SBC % of Revenue | 1.17% | -0.70% | 1.68% | 1.20% | 1.93% | -0.48% |
| CapEx Coverage | -103.00× | 10.90× | 0.93× | -3.91× | -12.06× | 38.07× |
| Free Cash Flow Per Share | $-0.96 | $1.11 | $-0.01 | $-0.61 | $-0.74 | $1.26 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 0.61× | 1.89× | 4.72× | 3.11× | 1.95× | — |
| P/S | 3.15× | 3.35× | 1.96× | 1.52× | 1.32× | 0.81× |
| P/B | 0.88× | — | — | — | — | — |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 471.80M | -2.20B | 1.63B | 1.39B | 388.10M | -1.65B |
| Cost of Revenue | 238.10M | -1.43B | 961.90M | 796.40M | 190.50M | -1.13B |
| Gross Profit | 233.70M | 234.30M | 244.40M | 279.60M | 197.60M | 176.50M |
| Research and Development Expense | 58.20M | 13.40M | 95.30M | 90.90M | 66.20M | 12.30M |
| Selling, General and Administrative Expense | 109.20M | -139.20M | 226.80M | 215.60M | 108.90M | -93.50M |
| Operating Expenses | 211.10M | -141.00M | 375.50M | 366.00M | 222.60M | -91.40M |
| Operating Income (Loss) | 23.70M | -2.90M | 18.70M | 48.10M | -16.30M | -47.60M |
| Income Tax Expense (Benefit) | -185.20M | -19.30M | 42.60M | 41.40M | -357.50M | -108.50M |
| Net Income (Loss) Attributable to Parent | 5.51B | 1.36B | 108.40M | 31.80M | 784.00M | 6.80M |
| Earnings Per Share, Basic | $24.45 | $6.10 | $0.41 | $0.07 | $3.55 | $-0.05 |
| Weighted Average Number of Shares Outstanding, Basic | 225.20M | 219.50M | 221.50M | 218.10M | 216.30M | 214.40M |
| Earnings Per Share, Diluted | $23.15 | $6.26 | $0.39 | $0.06 | $2.88 | $-0.05 |
| Weighted Average Number of Shares Outstanding, Diluted | 237.90M | 230.00M | 277.70M | 227.30M | 271.90M | 214.40M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 2.51B | 754.40M | 705.30M | 571.10M | 493.30M | 404.10M |
| Assets, Current | 3.32B | 5.80B | 2.80B | 2.52B | 2.30B | 3.48B |
| Assets | 5.44B | 9.37B | 7.94B | 7.74B | 7.51B | 8.75B |
| Liabilities, Current | 498.60M | 1.50B | 1.24B | 1.16B | 1.05B | 1.23B |
| Long-term Debt, Excluding Current Maturities | 0 | 7.26B | 7.25B | 7.25B | 7.24B | 9.24B |
| Liabilities | 848.50M | 9.10B | 9.01B | 8.92B | 8.81B | 10.98B |
| Stockholders' Equity Attributable to Parent | 4.59B | -1.00B | -2.34B | -2.44B | -2.55B | -3.46B |
| Common Stock, Shares, Outstanding | 223.26M | 223.26M | 221.53M | 221.45M | 216.58M | 215.89M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -226.60M | 281.30M | 41.60M | -109.80M | -186.90M | 277.90M |
| Payments to Acquire Property, Plant, and Equipment | 2.20M | 25.80M | 44.50M | 28.10M | 15.50M | 7.30M |
| Net Cash Provided by (Used in) Investing Activities | 10.54B | -25.80M | 2.01B | 2.02B | 2.02B | -2.90M |
| Net Cash Provided by (Used in) Financing Activities | -8.67B | -37.70M | -2.02B | -2.02B | -2.01B | -57.20M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (VISN CIK 0001517228),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.