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Vistance Networks, Inc.

VISN Technology Communication Equipment

Vistance Networks, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 39.7% from fiscal 2024.

Revenue
−37.7%
EPS
+1,671.4%
Free cash flow
−200.4%
Total debt
−21.4%

Quarter to June 2026, against a year earlier

5.56 0.15 +2.77%
Market cap
$1.3B
P/E
0.2×
Fwd P/E
9.4×
Dividend yield
359.7%
F-score
7/9
Altman Z
0.55
Beneish M
−2.23
Dividend safety
50/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.11
Sold, $m 1.34
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — 1 — — —
Sell — — — — — — — — 1 1 — —
Insider Ownership 3.32%

Capital & Financial Ratios $m

Size
Market Cap 1,250.00
Revenue ttm 1,822.20
Net income ttm 7,271.00
Free cash flow ttm 86.90
Net debt Q (113.60)
Valuation
P/E 0.17
Forward P/E 9.39
Price / sales 0.69
Forward P/S Powerpack
Price / FCF 14.52
Price / book 0.50
Financial health
Current ratio Q 2.57 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (11.12)
Growth
Revenue growth Q −37.66% (below 0%: shrinking)
Operating income growth Q −214.10% (below 0%: shrinking)
EPS, this year −8.44% (below 0%: weak)
EPS, next year A −0.71% (below 0%: weak)
Revenue, next year A −25.81% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −0.87% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 5.3×, against a ten-year median of 2.2×; over the ten years it ranged from 1.2× in 2020 to 8.3× in 2025.
P/E against its own 10 years 0.18%
10-year low 10-year high
P/S against its own 10 years 51.91%
10-year low 10-year high
P/B against its own 10 years 0.19%
10-year low 10-year high
EV/Sales against its own 10 years 83.91%
10-year low 10-year high
EV/FCF against its own 10 years 82.04%
10-year low 10-year high

Dividends

Yield
359.7%
Annual rate
20.00
Payout ratio
64.9%
  1. 21.50 ’26
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 500 404 754 114
Receivables 582 252 350 281
Inventory 901 403 310 314
Other — — — —
2,826 3,485 5,796 1,915
2023 2024 2025 Q'26
Payables 331 123 213 183
ST’ Debt 32 — — —
Other — — — —
1,406 1,230 1,496 746

Compound Annual Growth %

10y 5y 3y
Sales (6.56%) (25.53%) (30.64%)
Cash Flow (0.13%) (5.84%) 19.34%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 0.28 Actual 0.12

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY16 0.72 0.81 Beat by 0.09
Q4 FY25 −999,900.00 0.17 Beat by 999,900.17
Q1 FY26 0.22 0.34 Beat by 0.12
Q2 FY26 0.28 0.12 Miss by 0.16
Q3 FY26 0.15 — Reports 5 November 2026

EPS $

Mar Jun Sep Dec Year
’26 23.15 1.21 — — —
’25 2.88 0.06 0.39 6.05 9.63
’24 (1.77) 0.13 (0.23) (0.05) (1.78)
’23 (0.06) (0.55) (3.98) (2.55) (7.17)
’22 (0.75) (0.36) 0.04 (5.39) (6.49)
’21 (0.55) (0.82) (0.68) (0.50) (2.55)
’20 (0.89) (1.71) (0.66) 0.05 (3.20)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 472 320 — — —
’25 388 513 516 515 1,932
’24 297 325 346 415 1,383
’23 1,664 1,589 1,053 923 1,864
’22 2,229 2,300 2,381 (1,121) 5,789
’21 2,072 2,185 2,105 375 6,737
’20 2,033 2,103 2,168 2,132 8,436
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (227) (73) — — —
’25 (187) 77 151 281 323
’24 (178) 51 122 278 273
’23 (46) 137 139 68 297
’22 (15) (94) (88) 387 190
’21 (124) 192 67 (12) 122
’20 (43) 209 172 98 436
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (229) (75) — — —
’25 (202) 75 135 256 263
’24 (184) 46 115 271 248
’23 (19) 117 130 80 308
’22 (42) (122) (111) 364 89
’21 (149) 158 32 (37) 4
’20 (66) 185 147 55 320
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 4,924 4,561 4,569 8,345 8,436 6,737 5,789 1,864 1,383 1,932 1,822 (9.9%) 1,433 1,452 1,525 (7.6%)
Gross margin, % 41.21 37.40 35.75 28.81 32.57 36.21 34.30 48.30 43.77 49.49 52.50 +8.3 pt
EBT 273 210 171 (1,074) (654) (389) (1,521) (573) (273) 55 107 (16.3%)
EBT margin, % 5.54 4.60 3.74 (12.87) (7.76) (5.78) (26.28) (30.74) (19.74) 2.84 5.86 (2.7) pt
Net income 223 194 140 (929) (573) (463) (1,287) (1,507) (315) 2,284 7,271 +29.5%
Per share, $
Per share, $ Revenue 25.58 23.70 23.79 43.08 42.87 33.09 27.91 8.84 6.45 8.80 8.03 (11.2%)
Earnings 1.16 1.01 0.73 (5.02) (3.20) (2.55) (6.49) (7.17) (1.78) 10.09 32.15 +27.2%
Cash flow 3.33 3.05 2.57 3.08 2.22 0.60 0.92 1.41 1.27 1.47 0.59 (8.7%)
Capex (0.33) (0.33) (0.36) (0.53) (0.59) (0.58) (0.49) 0.05 (0.12) (0.27) (0.20) (2.1%)
Free cash flow 2.99 2.72 2.21 2.55 1.63 0.02 0.43 1.46 1.16 1.20 0.38 (9.7%)
Book value 7.24 8.56 9.15 4.32 1.80 (0.77) (7.45) (14.34) (16.12) (4.57) 11.04 n/m
Shares, m 192 192 192 194 197 204 207 211 214 220 223 +1.5%
Valuation, ×
Valuation, × P/E 31.65 37.82 22.45 0.00 0.00 0.00 0.00 0.00 0.00 1.80 0.17 9.4
P/S 1.44 1.61 0.69 0.33 0.31 0.33 0.27 0.12 0.81 2.06 0.69 0.8
P/B 5.07 4.46 1.79 3.29 7.43 0.00 0.00 0.00 0.00 0.00 0.50 2.2
EV/Sales 2.27 2.47 1.46 1.44 1.38 1.69 1.84 1.79 8.14 6.18 5.33 2.9
EV/FCF 19.44 21.56 15.75 24.26 36.36 2,849.49 120.13 30.48 45.39 45.44 111.80 320.8
Cash, $m
Cash, $m Operating cash flow 640 586 494 596 436 122 190 297 273 323 133 (7.3%)
Capex (64) (63) (69) (102) (116) (118) (101) 11 (25) (60) (46) (0.7%)
Free cash flow 576 523 425 494 320 4 89 308 248 263 87 (8.4%)
Balance, $m
Balance, $m Working capital 1,136 1,220 1,187 1,470 1,401 1,397 1,619 1,421 2,255 4,301 1,170 +15.9%
Net debt 4,134 3,915 3,528 9,234 8,999 9,150 9,129 8,778 8,834 6,506 (114) +5.2%
Shareholders’ equity 1,394 1,648 1,757 836 355 (157) (1,546) (3,025) (3,456) (1,004) 2,506 n/m
Returns, %
Returns, % ROA 3.04 2.73 2.05 (9.24) (4.50) (3.87) (10.79) (14.93) (4.21) 24.45 128.51 +21.4 pt
ROIC 6.42 5.30 5.32 (3.16) (0.35) 1.37 (7.71) (7.17) (3.39) 0.54 1.85 (5.9) pt
ROE 17.03 12.74 8.24 (75.06) (105.68) (524.09) 158.10 68.64 11.75 (99.31) 22,155.21 (116.3) pt
People
People Employees 25,000 20,000 20,000 30,000 30,000 30,000 30,000 20,000 20,000 4,500 — (17.3%)
Revenue/emp, $m 0.20 0.23 0.23 0.28 0.28 0.22 0.19 0.09 0.07 0.43 — +9.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Vistance Networks, Inc. vs peers in Communication Equipment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
EXTR Extreme Networks, Inc. $2.8B 59.0× 42.1× +9.94% (above 0%: growing) +203.75% (above 0%: growing) +285.41% (above 0%: growing) 62.13% 6.77% Compare
ONDS Ondas Holdings Inc. $2.6B — (loss-making) 23.4× +1,235.44% (above 0%: growing) n/m −1,000.26% (below 0%: shrinking) 43.13% (194.51%) Compare
DGII Digi International Inc. $2.4B 48.2× 47.9× +28.98% (above 0%: growing) +50.00% (above 0%: growing) +41.46% (above 0%: growing) 64.85% 16.51% Compare
VISN Vistance Networks, Inc. $1.3B 0.2× 9.4× −37.66% (below 0%: shrinking) +1,671.43% (above 0%: growing) −200.40% (below 0%: shrinking) 35.33% (2.78%)
HLIT Harmonic Inc. $1.0B — (loss-making) 20.6× +4.53% (above 0%: growing) +571.00% (above 0%: growing) −124.42% (below 0%: shrinking) 51.81% 17.58% Compare
FEIM Frequency Electronics, Inc. $611.5M 243× 55.2× +69.79% (above 0%: growing) +485.71% (above 0%: growing) +361.82% (above 0%: growing) 45.84% 22.17% Compare
TSAT Telesat Corporation $567.4M — (loss-making) — (loss-making) −21.45% (below 0%: shrinking) n/m +1,108.22% (above 0%: growing) 8.53% (30.37%) Compare
NTGR NETGEAR, Inc. $517.2M — (loss-making) — (loss-making) −9.33% (below 0%: shrinking) n/m +69.51% (above 0%: growing) 40.09% (8.19%) Compare
GILT Gilat Satellite Networks Ltd. $514.6M 15.6× 21.6× +16.86% (above 0%: growing) −35.29% (below 0%: shrinking) −250.32% (below 0%: shrinking) 30.37% 3.83% Compare
Median of peers $810.7M 53.6× 32.8× +13.40% +203.75% +55.49% 44.48% 5.30%

All 46 Communication Equipment stocks →

Pay and ownership Proxy statement filed 23 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 15.42m 78.54m 135.30
2024 20.05m 29.56m 36.72
2023 12.30m 440.80k 19.87
2022 10.60m 4.97m 51.80
2021 2.87m 570.30k 77.80

Ownership

Directors and executive officers, together 3.50%
The Vanguard Group 8.60%
BlackRock, Inc. 7.60%
Barclays, PLC 5.80%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Vistance Networks, Inc. (VISN) Latest News

6 Nov

Impact 3 · · GuruFocus.com

5 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · Business Wire

14 Oct

Impact 3 · · Business Wire

5 Oct

Impact 4 · · Simply Wall St.

29 Sep

Impact 4 · · Business Wire

28 Sep

Impact 4 · · Business Wire
Impact 4 · · Business Wire

28 Aug

Impact 3 ·

27 Aug

Impact 3 ·

26 Aug

Impact 4 ·

18 Aug

Impact 4 · · MarketBeat

13 Aug

Impact 3 · · The Motley Fool transcript

7 Aug

Impact 3 ·

6 Aug

Impact 4 · transcript
Impact 3 ·
Impact 3 ·

28 Jul

Impact 3 ·

15 Jul

Impact 3 ·

8 Jul

Impact 3 ·

1 Jul

Impact 4 ·

23 Jun

Impact 3 · · Zacks

15 Jun

Impact 4 ·
Impact 3 ·

14 Jun

Impact 4 ·

29 May

Impact 3 · · Simply Wall St.

17 May

Impact 4 · · Simply Wall St.

1 May

Impact 4 · · The Motley Fool transcript
Impact 4 · · Zacks

30 Apr

Impact 4 · · Insider Monkey
stockrow.com/VISN · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com