Vistance Networks, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 09/30/24 | FY 06/30/24 | FY 03/31/24 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.9B | $1.4B | — | — | — |
| Cost of revenue | $975.7M | $777.5M | — | — | — |
| Gross profit | $955.9M | $605.1M | — | — | — |
| Selling, general & administrative | $497.4M | $472.0M | — | — | — |
| Research and development | $283.5M | $247.5M | — | — | — |
| Operating expenses | $943.8M | $921.3M | — | — | — |
| Operating income | $47.6M | -$291.7M | — | — | — |
| Interest expense | — | $686.9M | — | — | — |
| Pretax income | $54.9M | -$272.9M | — | — | — |
| Income tax expense | -$269.4M | -$66.9M | — | — | — |
| Net income | $2.3B | -$315.5M | — | — | — |
| Balance Sheet | |||||
| Cash and equivalents | $754.4M | $404.1M | — | — | — |
| Current assets | $5.8B | $3.5B | — | — | — |
| Total assets | $9.4B | $8.7B | — | — | — |
| Current liabilities | $1.5B | $1.2B | — | — | — |
| Total liabilities | $9.1B | $11.0B | $11.0B | $11.0B | $10.8B |
| Total debt | $7.4B | $9.4B | — | — | — |
| Stockholders' equity | -$1.0B | -$3.5B | -$3.4B | -$3.3B | -$3.4B |
| Cash Flow Statement | |||||
| Cash from operations | $322.9M | $273.1M | — | — | — |
| Depreciation and amortization | $277.0M | $370.5M | — | — | — |
| Stock-based compensation | $42.7M | $29.1M | — | — | — |
| Capital expenditure | $70.3M | $25.3M | — | — | — |
| Free cash flow | $252.6M | $247.8M | — | — | — |
| Impairments | $0 | $19.2M | — | — | — |
Shares outstanding 225.6M · Free float 75.9%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.