Vistance Networks, Inc. (VISN)

Vistance Networks Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,004	1,932	1,383	1,864	5,789	6,737
Revenue Growth (YoY)	36.24%	39.71%	-25.82%	-67.80%	-14.08%	-20.13%
Cost of Revenue	2,277	975.7	777.5	963.5	3,803	4,298
Gross Profit	1,728	955.9	605.1	900.3	1,986	2,440
Selling, General & Admin	688	497.4	472	512.4	907.8	1,083
Depreciation & Amortization Expenses	171.5	138.4	165.1	227	400.1	510
Research & Development	315	283.5	247.5	318.8	451.6	565
Other Operating Expenses	-4.7	-11	12.2	501.7	1,161	85.1
Total Operating Expenses	1,170	908.3	896.8	1,560	2,921	2,243
Operating Income	557.7	47.6	-291.7	-659.6	-935.3	196.6
Interest Income	33	16.7	10.9	11.1	2.8	1.9
Interest Expense	-310.7	-	-	-	-588.9	-561.2
Other Non-Operating Income (Expense)	-12	-9.4	7.9	75.5	-	-26.5
Total Non-Operating Income (Expense)	-289.7	7.3	18.8	86.6	-586.1	-585.8
Pretax Income	268	54.9	-272.9	-573	-1,521	-389.2
Provision for Income Taxes	320.7	-269.4	-66.9	79.8	-91.3	-39.2
Net Income	6,954	2,215	-380.7	-1,569	-1,346	-519.9
Net Income Attributable to Preferred Dividends	53.7	68.9	65.2	61.8	59	57.3
Earnings From Discontinued Operations	6,690	1,959	-109.5	-854	143.2	-112.6
Net Income to Common	6,954	2,215	-380.7	-1,569	-1,346	-519.9
Net Income Growth	844.71%	-	-	-	-	-
Shares Outstanding (Basic)	222	220	214	211	207	204
Shares Outstanding (Diluted)	241	230	214	211	207	204
Shares Change (YoY)	5.18%	7.28%	1.66%	1.69%	1.87%	3.45%
EPS (Basic)	30.98	10.09	-1.78	-7.44	-7.18	-2.55
EPS (Diluted)	29.65	9.63	-1.78	-7.44	-7.18	-2.55
EPS Growth	982.12%	-	-	-	-	-
Shares Outstanding	225.51	204.6	200.24	212.11	208.37	204.57
Free Cash Flow	226.2	252.6	247.8	236.6	88.7	-9.1
Free Cash Flow Growth	-10.45%	1.94%	4.73%	166.74%	-	-
Free Cash Flow Per Share	0.94	1.10	1.16	1.12	0.43	-0.04
Gross Margin	43.14%	49.49%	43.77%	48.30%	34.30%	36.21%
Operating Margin	13.93%	2.46%	-21.10%	-35.39%	-16.16%	2.92%
Profit Margin	7.93%	16.79%	-14.90%	-35.03%	-24.70%	-5.19%
FCF Margin	5.65%	13.08%	17.92%	12.69%	1.53%	-0.14%
EBITDA	795.8	324.6	78.8	-98.4	-239.2	982.9
EBITDA Margin	19.87%	16.80%	5.70%	-5.28%	-4.13%	14.59%
EBIT	557.7	47.6	-291.7	-659.6	-935.3	196.6
EBIT Margin	13.93%	2.46%	-21.10%	-35.39%	-16.16%	2.92%
Effective Tax Rate	119.66%	-490.71%	24.51%	-13.93%	6.00%	10.07%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.