What is Vistance Networks, Inc.'s earnings per share (EPS)?

Vistance Networks, Inc. (VISN) reported diluted earnings per share of $9.63 for fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Vistance Networks (VISN) Financials

VISN NASDAQ

Trailing 12 months to June 30, 2026

Revenue $2.9B +32.9% YoY

Net Income $7.3B +820.9% YoY

EPS (Diluted) $24.44 +858.4% YoY

Free Cash Flow $86.9M -65.0% YoY

Market Cap $1.5B as of Oct 27, 2026

Price / Sales 0.5x on $2.9B revenue, trailing 12 months to June 30, 2026

Price / Earnings 0.2x on $7.3B net income, trailing 12 months to June 30, 2026

Price / Book 0.6x on $2.5B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VISN SEC filings page.

Vistance Networks, Inc. (VISN) reported $2.9B in revenue over the twelve months to Jun 30, 2026, up 32.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VISN FY2025 2026-10-25

FY2025 shows a smaller, more profitable operating base, but reported earnings far exceeded the cash the business actually produced.

Earnings quality weakened sharply: reported net income reached $2.3B, while operating cash flow was only $323M, so the accounting result did not translate proportionally into cash. Operating cash flow equaled just 14.1% of net income, while free cash flow was $253M; the profit headline is therefore a poor proxy for recurring operating performance.

Operating leverage improved as revenue and gross profit grew 39.7% and 58.0%, respectively. The margin step-up looks partly like fixed-cost absorption: operating margin moved from -21.1% to 2.5% as the company returned to positive operating income.

Balance-sheet pressure eased through deleveraging and a larger current-asset base rather than through profit alone. Long-term debt fell 21.4% while current assets rose 66.3%, leaving a current ratio of 3.9x even though liabilities still represented 97.1% of assets.

Financial Health Signals

Financial Health Score 42/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Vistance Networks, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Vistance Networks, Inc. has an operating margin of 2.5%, meaning the company retains $2 of operating profit per $100 of revenue. Among its peers this margin ranks in the lower range, for a profitability score of 21/100. This is up from -21.1% the prior year.

Growth

Vistance Networks, Inc.'s revenue surged 39.7% year-over-year to $1.9B, reflecting rapid business expansion. This strong growth earns a score of 37/100.

Leverage

Liquidity

With a current ratio of 3.88, Vistance Networks, Inc. holds $3.88 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.

Cash Flow

Vistance Networks, Inc. converts 13.1% of revenue into free cash flow ($252.6M). This strong cash generation earns a score of 77/100.

Returns

Altman Z-Score Distress

0.42

Vistance Networks, Inc. scores 0.42, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $3.0B against total assets of $9.4B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

Vistance Networks, Inc. passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.14x

For every $1 of reported earnings, Vistance Networks, Inc. generates $0.14 in operating cash flow ($322.9M OCF vs $2.3B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$319.6M

YoY-1.4%

QoQ-32.3%

5Y CAGR-31.9%

10Y CAGR-13.1%

Vistance Networks, Inc. generated $319.6M in revenue in Q2 2026. This represents a decrease of 1.4% from the same quarter a year earlier. Against the prior quarter it is down 32.3%.

EBITDA

$13.1M

YoY-61.6%

QoQ-79.1%

5Y CAGR-40.0%

10Y CAGR-26.4%

Vistance Networks, Inc.'s EBITDA was $13.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 61.6% from the same quarter a year earlier. Against the prior quarter it is down 79.1%.

Net Income

$295.2M

YoY+828.3%

QoQ-94.6%

5Y CAGRn/m

10Y CAGR+16.9%

Vistance Networks, Inc. reported $295.2M in net income in Q2 2026. This represents an increase of 828.3% from the same quarter a year earlier. Against the prior quarter it is down 94.6%.

EPS (Diluted)

$1.21

QoQ-94.8%

Vistance Networks, Inc. earned $1.21 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 94.8%.

Cash & Balance Sheet

Free Cash Flow

-$74.8M

YoY-216.0%

QoQn/m

Vistance Networks, Inc. recorded an outflow of $74.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 216.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt

$113.6M

YoY-80.1%

QoQ-95.5%

5Y CAGR-23.9%

10Y CAGR-14.0%

Vistance Networks, Inc. held $113.6M in cash against $0 in long-term debt as of Q2 2026, with $745.8M of liabilities due within a year.

Shares Outstanding

231M

QoQ+2.2%

Vistance Networks, Inc. had 231M shares outstanding in Q2 2026. Against the prior quarter it is up 2.2%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

35.3%

YoY-10.4pp

QoQ-14.2pp

5Y change+4.5pp

10Y change-7.1pp

Vistance Networks, Inc.'s gross margin was 35.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 10.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 14.2 percentage points.

Operating Margin

-2.8%

YoY-5.2pp

QoQ-7.8pp

5Y change-1.9pp

10Y change-16.8pp

Vistance Networks, Inc.'s operating margin was -2.8% in Q2 2026, reflecting core business profitability. This is down 5.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.8 percentage points.

Net Margin

92.4%

YoY+82.6pp

5Y change+99.4pp

10Y change+87.6pp

Vistance Networks, Inc.'s net profit margin was 92.4% in Q2 2026, showing the share of revenue converted to profit. This is up 82.6 percentage points from the same quarter a year earlier.

Return on Equity

11.8%

QoQ-108.1pp

Vistance Networks, Inc.'s quarterly ROE was 11.8% in Q2 2026: one quarter's net income over shareholder equity, not annualized. Against the prior quarter it is down 108.1 percentage points.

Capital Allocation

R&D Spending

$30.8M

YoY-28.5%

QoQ-47.1%

Vistance Networks, Inc. invested $30.8M in research and development in Q2 2026. This represents a decrease of 28.5% from the same quarter a year earlier. Against the prior quarter it is down 47.1%.

Capital Expenditures

$2.0M

YoY-84.1%

QoQ-9.1%

5Y CAGR-43.2%

10Y CAGR-19.6%

Vistance Networks, Inc. invested $2.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 84.1% from the same quarter a year earlier. Against the prior quarter it is down 9.1%.

Share Buybacks

Not reported for Q2 2026.

VISN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VISN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$2.9B	$1.9B+39.7%	$1.4B-25.8%	$1.9B-67.8%	$5.8B-14.1%	$6.7B-20.1%	$8.4B+1.1%	$8.3B+82.7%	$4.6B+0.2%	$4.6B-7.4%	$4.9B+29.3%	$3.8B-0.6%	$3.8B+10.0%	$3.5B+4.8%	$3.3B
Cost of Revenue	N/A	$975.7M+25.5%	$777.5M-19.3%	$963.5M-74.7%	$3.8B-11.5%	$4.3B-24.4%	$5.7B-4.3%	$5.9B+102.4%	$2.9B+2.8%	$2.9B-1.4%	$2.9B+17.6%	$2.5B+1.2%	$2.4B+6.7%	$2.3B+0.8%	$2.3B
Gross Profit	$825.3M	$955.9M+58.0%	$605.1M-32.8%	$900.3M-54.7%	$2.0B-18.6%	$2.4B-11.2%	$2.7B+14.3%	$2.4B+47.2%	$1.6B-4.2%	$1.7B-16.0%	$2.0B+50.8%	$1.3B-3.7%	$1.4B+16.3%	$1.2B+13.2%	$1.1B
R&D Expenses	N/A	$283.5M+14.5%	$247.5M-22.4%	$318.8M-29.4%	$451.6M-20.1%	$565.0M-19.7%	$703.3M+21.6%	$578.5M+211.5%	$185.7M+0.1%	$185.6M-7.8%	$201.3M+48.1%	$136.0M+8.5%	$125.3M-0.9%	$126.4M+3.9%	$121.7M
SG&A Expenses	N/A	$497.4M+5.4%	$472.0M-7.9%	$512.4M-43.6%	$907.8M-16.2%	$1.1B-7.5%	$1.2B-8.3%	$1.3B+89.5%	$674.0M-8.1%	$733.1M-16.9%	$881.7M+28.3%	$687.4M+41.8%	$484.9M-3.5%	$502.3M+8.9%	$461.1M
Operating Income	$30.6M	$47.6Mn/m	-$291.7Mn/m	-$659.6Mn/m	-$935.3M-575.7%	$196.6Mn/m	-$51.8Mn/m	-$508.5M-213.0%	$450.0M-4.7%	$472.0M-16.8%	$567.6M+212.6%	$181.6M-68.6%	$577.4M+75.1%	$329.7M+38.4%	$238.2M
EBITDA	N/A	$324.6M+311.9%	$78.8Mn/m	-$98.4Mn/m	-$239.2M-124.3%	$982.9M+27.4%	$771.5M+194.0%	$262.4M-67.5%	$807.5M-5.0%	$850.0M-12.1%	$966.7M+99.3%	$485.1M-42.0%	$837.0M+42.7%	$586.3M+17.1%	$500.5M
Interest Expense	N/A	N/A	$686.9M+1.6%	$675.8M+14.8%	$588.9M+4.9%	$561.2M-2.9%	$577.8M+0.1%	$577.2M+138.5%	$242.0M-5.8%	$257.0M-7.4%	$277.5M+18.3%	$234.7M+31.1%	$178.9M-14.2%	$208.6M+10.4%	$189.0M
Income Tax	N/A	-$269.4Mn/m	-$66.9M-183.8%	$79.8Mn/m	-$91.3Mn/m	-$39.2Mn/m	-$81.1Mn/m	-$144.5M-573.8%	$30.5M+90.6%	$16.0M-67.8%	$49.7M+460.4%	$8.9M-88.9%	$80.3M+41.4%	$56.8M+77.7%	$31.9M
Net Income	$7.3B	$2.3Bn/m	-$315.5Mn/m	-$1.5Bn/m	-$1.3Bn/m	-$462.6Mn/m	-$573.4Mn/m	-$929.5M-763.0%	$140.2M-27.7%	$193.8M-13.0%	$222.8Mn/m	-$70.9M-129.9%	$236.8M+1120.7%	$19.4M+262.3%	$5.4M
EPS (Basic)	N/A	$10.09n/m	-$1.78n/m	-$7.44n/m	-$6.49n/m	-$2.55n/m	-$3.20n/m	-$5.02-787.7%	$0.73-27.7%	$1.01-12.9%	$1.16n/m	-$0.37-129.1%	$1.27+958.3%	$0.12+300.0%	$0.03
EPS (Diluted)	$24.44	$9.63n/m	-$1.78n/m	-$7.44n/m	-$6.49n/m	-$2.55n/m	-$3.20n/m	-$5.02-797.2%	$0.72-26.5%	$0.98-13.3%	$1.13n/m	-$0.37-129.8%	$1.24+933.3%	$0.12+300.0%	$0.03
Diluted Shares (Avg)	N/A	230M+7.3%	214M+1.7%	211M+1.7%	207M+1.9%	204M+3.5%	197M+1.6%	194M-0.8%	195M-0.8%	197M+0.2%	196M+3.5%	190M-0.8%	191M+16.7%	164M+5.5%	156M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$319.6M-1.4%	$471.8M+21.6%	$514.5M+23.9%	$1.6B+50.6%	$324.1M-69.2%	$388.1M-56.9%	$415.2M-55.0%	$1.1B+2.7%
Cost of Revenue	$206.7M+17.5%	$238.1M+25.0%	N/A	$961.9M+48.6%	$175.9M-73.1%	$190.5M-68.6%	N/A	$647.1M-3.9%
Gross Profit	$112.9M-23.8%	$233.7M+18.3%	$234.3M+32.7%	$244.4M+45.0%	$148.2M+5.0%	$197.6M+66.2%	$176.5M-48.4%	$168.5M-55.7%
R&D Expenses	$30.8M-28.5%	$58.2M-12.1%	N/A	$95.3M+22.2%	$43.1M-40.6%	$66.2M-21.7%	N/A	$78.0M-8.7%
SG&A Expenses	$64.1M-19.6%	$109.2M+0.3%	N/A	$226.8M+11.5%	$79.7M-57.4%	$108.9M-37.8%	N/A	$203.4M+9.1%
Operating Income	-$8.9M-214.1%	$23.7Mn/m	-$2.9Mn/m	$18.7Mn/m	$7.8Mn/m	-$16.3Mn/m	-$47.6Mn/m	-$59.0Mn/m
EBITDA	$13.1M-61.6%	$62.8M+1.8%	$46.2M+31.3%	$87.8M+413.5%	$34.1M+86.3%	$61.7Mn/m	$35.2Mn/m	$17.1Mn/m
Interest Expense	$800Kn/m	N/A	N/A	$154.6M-8.0%	$0-100.0%	$173.7M+3.6%	N/A	$168.0M-1.9%
Income Tax	-$28.7M-1248.0%	-$185.2Mn/m	N/A	$42.6M+59.6%	$2.5Mn/m	-$357.5M-1414.3%	N/A	$26.7Mn/m
Net Income	$295.2M+828.3%	$5.5B+602.6%	$1.4B+19892.6%	$108.4Mn/m	$31.8M-28.4%	$784.0Mn/m	$6.8Mn/m	-$33.0Mn/m
EPS (Basic)	$1.25	$24.45+588.7%	-$0.31n/m	$0.41	$0.07-46.2%	$3.55n/m	-$0.17n/m	-$0.23n/m
EPS (Diluted)	$1.21	$23.15+703.8%	-$0.31n/m	$0.39	$0.07-46.2%	$2.88n/m	-$0.17n/m	-$0.23n/m
Diluted Shares (Avg)	234M	238M-12.5%	N/A	278M	218M+2.2%	272M+28.1%	N/A	216M+1.9%

VISN Balance Sheet

VISN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$9.4B+7.1%	$8.7B-6.3%	$9.3B-20.1%	$11.7B-11.9%	$13.3B-2.3%	$13.6B-5.9%	$14.4B+117.7%	$6.6B-5.8%	$7.0B-1.4%	$7.1B-4.8%	$7.5B+52.6%	$4.9B+3.9%	$4.7B-1.2%	$4.8B
Current Assets	$5.8B+66.3%	$3.5B+23.3%	$2.8B-24.2%	$3.7B+4.1%	$3.6B+6.7%	$3.4B-4.5%	$3.5B+87.0%	$1.9B-3.4%	$1.9B-2.5%	$2.0B-0.5%	$2.0B+9.7%	$1.8B+25.7%	$1.5B+12.9%	$1.3B
Cash & Equivalents	$613.5M+51.8%	$404.1M-19.2%	$500.3M+34.1%	$373.0M+3.5%	$360.3M-31.0%	$521.9M-12.8%	$598.2M+30.6%	$458.2M+0.9%	$454.0M+6.0%	$428.2M-23.9%	$562.9M-22.8%	$729.3M+110.6%	$346.3M+31.0%	$264.4M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Inventory	$238.7M-40.8%	$403.0M-55.3%	$900.8M-34.5%	$1.4B-4.2%	$1.4B+31.9%	$1.1B+11.6%	$975.9M+106.2%	$473.3M+6.4%	$444.9M-6.0%	$473.3M+7.1%	$441.8M+20.3%	$367.2M-1.3%	$372.2M+19.3%	$312.0M
Accounts Receivable	$273.4M+8.4%	$252.2M-56.7%	$581.9M-50.6%	$1.2B-23.1%	$1.5B+3.0%	$1.5B-12.4%	$1.7B+109.6%	$810.4M-9.8%	$898.8M-5.6%	$952.4M+14.3%	$833.0M+36.1%	$612.0M+0.7%	$607.5M+1.9%	$596.0M
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$268.7M-64.6%	$759.6M+0.3%	$757.3M-78.1%	$3.5B-33.9%	$5.2B-1.0%	$5.3B-3.4%	$5.5B+91.8%	$2.9B-1.2%	$2.9B+4.3%	$2.8B+2.9%	$2.7B+85.3%	$1.5B+0.1%	$1.5B-1.6%	$1.5B
Total Liabilities	$9.1B-17.1%	$11.0B-2.0%	$11.2B-7.7%	$12.1B-1.9%	$12.4B+1.5%	$12.2B-3.3%	$12.6B+158.4%	$4.9B-9.6%	$5.4B-6.2%	$5.7B-8.5%	$6.3B+74.0%	$3.6B-1.0%	$3.6B+1.0%	$3.6B
Current Liabilities	$1.5B+21.6%	$1.2B-12.5%	$1.4B-33.3%	$2.1B-3.4%	$2.2B+11.7%	$2.0B-4.3%	$2.0B+195.7%	$690.6M-4.6%	$723.7M-15.6%	$857.8M+25.2%	$685.1M+44.0%	$475.8M-19.8%	$593.4M+8.0%	$549.6M
Non-Current Liabilities	$7.6B-22.0%	$9.7B-0.4%	$9.8B-2.3%	$10.0B-1.5%	$10.2B-0.5%	$10.2B-3.1%	$10.6B+152.3%	$4.2B-10.4%	$4.7B-4.5%	$4.9B-12.6%	$5.6B+78.5%	$3.1B+2.7%	$3.1B-0.3%	$3.1B
Long-Term Debt	$7.3B-21.4%	$9.2B-0.1%	$9.2B-2.4%	$9.5B-0.1%	$9.5B-0.1%	$9.5B-3.2%	$9.8B+145.9%	$4.0B-8.8%	$4.4B-4.0%	$4.5B-13.0%	$5.2B+96.7%	$2.7B+6.2%	$2.5B+1.8%	$2.5B
Total Equity	-$1.0Bn/m	-$3.5Bn/m	-$3.0Bn/m	-$1.5Bn/m	-$156.6M-144.1%	$355.0M-57.6%	$836.3M-52.4%	$1.8B+6.6%	$1.6B+18.2%	$1.4B+14.0%	$1.2B-6.5%	$1.3B+20.2%	$1.1B-8.0%	$1.2B
Retained Earnings	-$3.0Bn/m	-$5.3Bn/m	-$5.0Bn/m	-$3.5Bn/m	-$2.2Bn/m	-$1.8Bn/m	-$1.2Bn/m	-$249.8Mn/m	-$396.0Mn/m	-$589.6Mn/m	-$812.4Mn/m	-$741.5Mn/m	-$978.3Mn/m	-$447.7M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$3.5B-54.8%	$5.4B-27.5%	$9.4B+7.1%	$7.9B-9.9%	$7.7B-12.2%	$7.5B-13.2%	$8.7B-6.3%	$8.8B-12.5%
Current Assets	$1.9B-24.0%	$3.3B+44.7%	$5.8B+66.3%	$2.8B-18.1%	$2.5B-1.8%	$2.3B-4.6%	$3.5B+23.3%	$3.4B+6.5%
Cash & Equivalents	$113.6M-80.1%	$2.5B+408.8%	$613.5M+51.8%	$705.3M+79.9%	$571.1M+65.1%	$493.3M+38.1%	$404.1M-19.2%	$392.1M-24.4%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Inventory	$313.8M-61.9%	$336.9M-56.0%	$238.7M-40.8%	$798.4M-5.3%	$822.8M-21.0%	$765.7M-26.7%	$403.0M-55.3%	$843.5M-38.2%
Accounts Receivable	$280.5M-70.0%	$377.4M-55.3%	$273.4M+8.4%	$1.0B+56.8%	$935.1M-6.5%	$844.3M+0.9%	$252.2M-56.7%	$664.8M-41.9%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$268.7M-90.8%	$764.6M-73.5%	$268.7M-64.6%	$2.9B+0.6%	$2.9B-16.4%	$2.9B-17.5%	$759.6M+0.3%	$2.9B-20.0%
Total Liabilities	$991.0M-88.9%	$848.5M-90.4%	$9.1B-17.1%	$9.0B-17.8%	$8.9B-18.7%	$8.8B-18.7%	$11.0B-2.0%	$11.0B-4.0%
Current Liabilities	$745.8M-35.6%	$498.6M-52.5%	$1.5B+21.6%	$1.2B-49.2%	$1.2B-53.2%	$1.0B0.0%	$1.2B-12.5%	$2.5B+58.5%
Non-Current Liabilities	$245.2M-96.8%	$349.9M-95.5%	$7.6B-22.0%	$7.8B-8.7%	$7.8B-8.7%	$7.8B-20.7%	$9.7B-0.4%	$8.5B-13.8%
Long-Term Debt	$0-100.0%	$0-100.0%	$7.3B-21.4%	$7.3B-8.9%	$7.2B-9.0%	$7.2B-21.6%	$9.2B-0.1%	$8.0B-14.8%
Total Equity	$2.5Bn/m	$4.6Bn/m	-$1.0Bn/m	-$2.3Bn/m	-$2.4Bn/m	-$2.5Bn/m	-$3.5Bn/m	-$3.4Bn/m
Retained Earnings	$376.7Mn/m	$2.5Bn/m	-$3.0Bn/m	-$4.4B-182.6%	-$4.5B-185.1%	-$4.5B-185.0%	-$5.3Bn/m	$5.3Bn/m

VISN Cash Flow Statement

VISN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$133.3M	$322.9M+18.2%	$273.1M-8.1%	$297.3M+56.5%	$190.0M+55.4%	$122.3M-72.0%	$436.2M-26.9%	$596.4M+20.7%	$494.1M-15.7%	$586.3M-8.4%	$640.2M+95.7%	$327.1M+13.0%	$289.4M+21.8%	$237.7M-16.9%	$286.1M
Depreciation & Amortization	N/A	$277.0M-25.2%	$370.5M-34.0%	$561.2M-19.4%	$696.1M-11.5%	$786.3M-4.5%	$823.3M+6.8%	$770.9M+115.6%	$357.5M-5.4%	$378.0M-5.3%	$399.1M+31.5%	$303.5M+17.0%	$259.5M+1.1%	$256.6M-2.2%	$262.3M
Stock-Based Compensation	N/A	$42.7M+46.7%	$29.1M-38.5%	$47.3M-22.6%	$61.1M-23.2%	$79.6M-30.8%	$115.0M+26.7%	$90.8M+102.2%	$44.9M+7.4%	$41.8M+19.4%	$35.0M+22.1%	$28.7M+35.9%	$21.1M+30.9%	$16.1M+114.1%	$7.5M
Capital Expenditures	$46.4M	$70.3M+177.9%	$25.3M-58.3%	$60.7M-40.1%	$101.3M-22.9%	$131.4M+8.4%	$121.2M+16.4%	$104.1M+26.5%	$82.3M+19.8%	$68.7M+0.6%	$68.3M+20.9%	$56.5M+53.0%	$36.9M+0.4%	$36.8M+31.6%	$28.0M
Free Cash Flow	$86.9M	$252.6M+1.9%	$247.8M+4.7%	$236.6M+166.7%	$88.7Mn/m	-$9.1M-102.9%	$315.0M-36.0%	$492.3M+19.5%	$411.8M-20.4%	$517.6M-9.5%	$571.9M+111.3%	$270.6M+7.2%	$252.5M+25.7%	$200.9M-22.2%	$258.2M
Investing Cash Flow	$10.5B	$2.0Bn/m	-$57.2M-285.1%	$30.9Mn/m	-$82.1Mn/m	-$136.8Mn/m	-$120.2Mn/m	-$5.2Bn/m	-$64.3Mn/m	-$166.2Mn/m	-$54.6M	N/A	N/A	N/A	N/A
Financing Cash Flow	-$11.0B	-$2.1Bn/m	-$83.0Mn/m	-$181.7Mn/m	-$65.0Mn/m	-$139.5Mn/m	-$383.8M-108.2%	$4.7Bn/m	-$409.6Mn/m	-$413.7Mn/m	-$708.4M	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$538.7M+169.4%	$200.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$175.0M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$72.8M-194.4%	-$226.6Mn/m	$281.3M+1.2%	$151.4M+24.0%	$77.1M+51.8%	-$186.9Mn/m	$277.9M+309.9%	$122.1M-12.0%
Depreciation & Amortization	$22.0M-16.3%	$39.1M-49.9%	$49.1M-40.7%	$69.1M-9.2%	$26.3M-65.1%	$78.0M-30.8%	$82.8M-30.4%	$76.1M-19.8%
Stock-Based Compensation	N/A	$5.5M-26.7%	N/A	N/A	N/A	$7.5M-33.0%	N/A	N/A
Capital Expenditures	$2.0M-84.1%	$2.2M-85.8%	$25.8M+253.4%	$16.4M+144.8%	$12.6M+137.7%	$15.5M+158.3%	$7.3M-56.5%	$6.7M-23.0%
Free Cash Flow	-$74.8M-216.0%	-$228.8Mn/m	$255.5M-5.6%	$135.0M+17.0%	$64.5M+41.8%	-$202.4Mn/m	$270.6M+430.6%	$115.4M-11.3%
Investing Cash Flow	-$2.0M-142.6%	$10.5B+422.0%	-$25.8Mn/m	-$16.3Mn/m	$4.7Mn/m	$2.0B+77553.8%	-$2.9M-123.0%	-$6.7Mn/m
Financing Cash Flow	-$2.3Bn/m	-$8.7Bn/m	-$37.7Mn/m	-$300Kn/m	-$9.4Mn/m	-$2.0Bn/m	-$57.2Mn/m	-$8.0Mn/m

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

VISN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VISN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	49.5%+5.7pp	43.8%-4.5pp	48.3%+14.0pp	34.3%-1.9pp	36.2%+3.6pp	32.6%+3.8pp	28.8%-6.9pp	35.8%-1.7pp	37.4%-3.8pp	41.2%+5.9pp	35.3%-1.2pp	36.5%+2.0pp	34.5%+2.6pp	31.9%
Operating Margin	2.5%+23.6pp	-21.1%+14.3pp	-35.4%-19.2pp	-16.2%-19.1pp	2.9%+3.5pp	-0.6%+5.5pp	-6.1%-15.9pp	9.8%-0.5pp	10.3%-1.2pp	11.5%+6.8pp	4.8%-10.3pp	15.1%+5.6pp	9.5%+2.3pp	7.2%
Net Margin	118.2%	-22.8%+58.0pp	-80.8%-58.6pp	-22.2%-15.4pp	-6.9%-0.1pp	-6.8%+4.3pp	-11.1%-14.2pp	3.1%-1.2pp	4.3%-0.3pp	4.5%+6.4pp	-1.9%-8.0pp	6.2%+5.6pp	0.6%+0.4pp	0.2%
Return on Equity	N/A	N/A	N/A	N/A	N/A	-161.5%-50.4pp	-111.1%-119.1pp	8.0%-3.8pp	11.8%-4.2pp	16.0%+21.8pp	-5.8%-23.9pp	18.1%+16.3pp	1.8%+1.3pp	0.4%
Return on Assets	24.4%+28.0pp	-3.6%+12.5pp	-16.2%-5.1pp	-11.0%-7.5pp	-3.5%+0.7pp	-4.2%+2.2pp	-6.4%-8.5pp	2.1%-0.6pp	2.8%-0.4pp	3.1%+4.1pp	-0.9%-5.8pp	4.8%+4.4pp	0.4%+0.3pp	0.1%
Current Ratio	3.88+1.0x	2.83+0.8x	2.01+0.2x	1.77+0.1x	1.64-0.1x	1.720.0x	1.72-1.0x	2.720.0x	2.69+0.4x	2.32-0.6x	2.93-0.9x	3.84+1.4x	2.45+0.1x	2.34
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	26.73+15.0x	11.72+9.4x	2.27-0.4x	2.65-0.6x	3.26-1.0x	4.28+2.2x	2.03-0.3x	2.30+0.2x	2.08
Liabilities-to-Equity	N/A	N/A	N/A	N/A	N/A	34.31+19.2x	15.06+12.3x	2.77-0.5x	3.27-0.8x	4.12-1.0x	5.14+2.4x	2.76-0.6x	3.35+0.3x	3.05
Asset Turnover	0.210.0x	0.160.0x	0.20-0.3x	0.500.0x	0.51-0.1x	0.620.0x	0.58-0.1x	0.690.0x	0.650.0x	0.69+0.2x	0.51-0.3x	0.780.0x	0.740.0x	0.69
FCF Margin	13.1%-4.8pp	17.9%+5.2pp	12.7%+11.2pp	1.5%+1.7pp	-0.1%-3.9pp	3.7%-2.2pp	5.9%-3.1pp	9.0%-2.3pp	11.3%-0.3pp	11.6%+4.5pp	7.1%+0.5pp	6.6%+0.8pp	5.8%-2.0pp	7.8%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	35.3%-10.4pp	49.5%-1.4pp	45.5%+3.0pp	15.0%-0.6pp	45.7%+32.3pp	50.9%+37.7pp	42.5%+5.4pp	15.6%-20.5pp
Operating Margin	-2.8%-5.2pp	5.0%+9.2pp	-0.6%+10.9pp	1.1%+6.6pp	2.4%+7.8pp	-4.2%+10.0pp	-11.5%+1.6pp	-5.5%+33.3pp
Net Margin	92.4%+82.6pp	1167.4%	264.2%	6.7%+9.7pp	9.8%+5.6pp	202.0%	1.6%+64.6pp	-3.0%+75.6pp
Return on Equity	11.8%	119.9%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	8.4%+8.0pp	101.2%+90.8pp	14.5%+14.4pp	1.4%+1.7pp	0.4%-0.1pp	10.4%+14.3pp	0.1%+6.3pp	-0.4%+7.9pp
Current Ratio	2.57+0.4x	6.67+4.5x	3.88+1.0x	2.25+0.9x	2.18+1.1x	2.19-0.1x	2.83+0.8x	1.40-0.7x
Debt-to-Equity	0.00	0.00	N/A	N/A	N/A	N/A	N/A	N/A
Liabilities-to-Equity	0.40	0.18	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	0.090.0x	0.090.0x	0.050.0x	0.21+0.1x	0.04-0.1x	0.05-0.1x	0.05-0.1x	0.120.0x
FCF Margin	-23.4%-43.3pp	-48.5%+3.6pp	49.7%-15.5pp	8.3%-2.4pp	19.9%+15.6pp	-52.1%-31.8pp	65.2%+59.6pp	10.7%-1.7pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Note: Shareholder equity is negative (-$1.0B), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Where Vistance Networks, Inc. Ranks

Frequently Asked Questions

What is Vistance Networks, Inc.'s annual revenue?

Vistance Networks, Inc. (VISN) reported $1.9B in total revenue for fiscal year 2025. This represents a 39.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Vistance Networks, Inc.'s revenue growing?

Vistance Networks, Inc. (VISN) revenue grew by 39.7% year-over-year, from $1.4B to $1.9B in fiscal year 2025.

Is Vistance Networks, Inc. profitable?

Yes, Vistance Networks, Inc. (VISN) reported a net income of $7.3B over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $2.3B.

What is Vistance Networks, Inc.'s EBITDA?

Vistance Networks, Inc. (VISN) had EBITDA of $324.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Vistance Networks, Inc. have?

As of fiscal year 2025, Vistance Networks, Inc. (VISN) had $613.5M in cash and equivalents against $7.3B in long-term debt.

What is Vistance Networks, Inc.'s gross margin?

Vistance Networks, Inc. (VISN) had a gross margin of 49.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Vistance Networks, Inc.'s operating margin?

Vistance Networks, Inc. (VISN) had an operating margin of 2.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Vistance Networks, Inc.'s free cash flow?

Vistance Networks, Inc. (VISN) generated $252.6M in free cash flow during fiscal year 2025. This represents a 1.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Vistance Networks, Inc.'s operating cash flow?

Vistance Networks, Inc. (VISN) generated $322.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Vistance Networks, Inc.'s total assets?

Vistance Networks, Inc. (VISN) had $9.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Vistance Networks, Inc.'s capital expenditures?

Vistance Networks, Inc. (VISN) invested $70.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Vistance Networks, Inc. spend on research and development?

Vistance Networks, Inc. (VISN) invested $283.5M in research and development during fiscal year 2025.

How many shares does Vistance Networks, Inc. have outstanding?

Vistance Networks, Inc. (VISN) had 225M shares outstanding as of fiscal year 2025.

What is Vistance Networks, Inc.'s current ratio?

Vistance Networks, Inc. (VISN) had a current ratio of 3.88 as of fiscal year 2025, which is generally considered healthy.

What is Vistance Networks, Inc.'s return on assets (ROA)?

Vistance Networks, Inc. (VISN) had a return on assets of 24.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Vistance Networks, Inc.'s P/E ratio?

Vistance Networks, Inc. (VISN) trades at 0.2x earnings, its market capitalization divided by $7.3B net income, trailing 12 months to June 30, 2026. The market capitalization is $1.5B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Vistance Networks, Inc.'s price-to-sales ratio?

Vistance Networks, Inc. (VISN) trades at 0.5x sales, its market capitalization divided by $2.9B revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.5B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Why is Vistance Networks, Inc.'s debt-to-equity ratio negative or not reported?

Vistance Networks, Inc. (VISN) has negative shareholder equity of -$1.0B as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Vistance Networks, Inc.'s Altman Z-Score?

Vistance Networks, Inc. (VISN) has an Altman Z-Score of 0.42, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Vistance Networks, Inc.'s Piotroski F-Score?

Vistance Networks, Inc. (VISN) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Vistance Networks, Inc.'s earnings high quality?

Vistance Networks, Inc. (VISN) has an earnings quality ratio of 0.14x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Vistance Networks, Inc.?

Vistance Networks, Inc. (VISN) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.