Vistance Networks, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $1.93B | $1.38B | $1.86B | $5.79B | $6.74B | $8.44B | $8.35B |
| Cost of Revenue | — | $975.7M | $777.5M | $963.5M | $3.80B | $4.30B | $5.69B | $5.94B |
| Gross Profit | — | $955.9M | $605.1M | $900.3M | $1.99B | $2.44B | $2.75B | $2.40B |
| Gross Margin | — | 49.5% | 43.8% | 48.3% | 34.3% | 36.2% | 32.6% | 28.8% |
| Operating Expenses | ||||||||
| Research & Development | — | $283.5M | $247.5M | $318.8M | $451.6M | $565.0M | $703.3M | $578.5M |
| SG&A Expense | — | $497.4M | $472.0M | $512.4M | $907.8M | $1.08B | $1.17B | $1.28B |
| Operating Income | — | $47.6M | $-291.7M | $-659.6M | $-935.3M | $196.6M | $-51.8M | $-508.5M |
| Operating Margin | — | 2.5% | -21.1% | -35.4% | -16.2% | 2.9% | -0.6% | -6.1% |
| Interest Expense | — | — | $686.9M | $675.8M | $588.9M | $561.2M | $577.8M | $577.2M |
| Pretax Income | — | $54.9M | $-272.9M | $-573.0M | $-1.52B | $-389.2M | $-654.5M | $-1.07B |
| Income Tax Expense | — | $-269.4M | $-66.9M | $79.8M | $-91.3M | $-39.2M | $-81.1M | $-144.5M |
| Net Income | — | $2.28B | $-315.5M | $-1.51B | $-1.29B | $-462.6M | $-573.4M | $-929.5M |
| Net Margin | — | 118.2% | -22.8% | -80.8% | -22.2% | -6.9% | -6.8% | -11.1% |
| EPS (Basic) | — | $10.09 | $-1.78 | $-7.44 | $-6.49 | $-2.55 | $-3.20 | $-5.02 |
| EPS (Diluted) | — | $9.63 | $-1.78 | $-7.44 | $-6.49 | $-2.55 | $-3.20 | $-5.02 |
| Shares Outstanding (Basic) | 225.5M | 219.5M | 214.4M | 210.9M | 207.4M | 203.6M | 196.8M | 193.7M |
| Shares Outstanding (Diluted) | 225.5M | 230.0M | 214.4M | 210.9M | 207.4M | 203.6M | 196.8M | 193.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |