# Vistance Networks, Inc.: overview

VISN · Nasdaq · CIK 1517228 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/visn.md) · [Financials](/companies/visn/financials.md) · [Filings](/companies/visn/filings.md) · [Insiders](/companies/visn/insiders.md)

Latest reported revenue: [$319.6m](/filings/0001193125-26-336708.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-336708).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,082](/filings/0001193125-25-256715.md) | [415](/filings/0001193125-26-072523.md) | [388](/filings/0001193125-26-193963.md) | [324](/filings/0001193125-26-336708.md) | [1,630](/filings/0001193125-25-256715.md) | [515](/filings/0001193125-26-072523.md) | [472](/filings/0001193125-26-193963.md) | [320](/filings/0001193125-26-336708.md) |
| Gross margin | % | [15.6%](/filings/0001193125-26-072523.md) | [42.5%](/filings/0001193125-26-072523.md) | [50.9%](/filings/0001193125-26-193963.md) | [45.7%](/filings/0001193125-26-336708.md) | [15.0%](/filings/0001193125-26-072523.md) | [45.5%](/filings/0001193125-26-072523.md) | [49.5%](/filings/0001193125-26-193963.md) | [35.3%](/filings/0001193125-26-336708.md) |
| Operating margin | % | [(5.5%)](/filings/0001193125-26-072523.md) | [(11.5%)](/filings/0001193125-26-072523.md) | [(4.2%)](/filings/0001193125-26-193963.md) | [2.4%](/filings/0001193125-26-336708.md) | [1.1%](/filings/0001193125-26-072523.md) | [(0.6%)](/filings/0001193125-26-072523.md) | [5.0%](/filings/0001193125-26-193963.md) | [(2.8%)](/filings/0001193125-26-336708.md) |
| Net margin | % | [(3.0%)](/filings/0001193125-26-072523.md) | [1.6%](/filings/0001193125-26-072523.md) | [202.0%](/filings/0001193125-26-193963.md) | [9.8%](/filings/0001193125-26-336708.md) | [6.7%](/filings/0001193125-26-072523.md) | [264.2%](/filings/0001193125-26-072523.md) | [1167.4%](/filings/0001193125-26-193963.md) | [92.4%](/filings/0001193125-26-336708.md) |
| Diluted EPS | $ per share | [(0.23)](/filings/0001193125-25-256715.md) | not reported | [2.88](/filings/0001193125-26-193963.md) | [0.07](/filings/0001193125-26-336708.md) | [0.39](/filings/0001193125-25-256715.md) | not reported | [23.15](/filings/0001193125-26-193963.md) | [1.21](/filings/0001193125-26-336708.md) |
| Free cash flow | $m | [115 d](/filings/0001193125-25-256715.md) | [271 d](/filings/0001193125-26-072523.md) | [(202)](/filings/0001193125-26-193963.md) | [64.5 d](/filings/0001193125-26-336708.md) | [135 d](/filings/0001193125-25-256715.md) | [256 d](/filings/0001193125-26-072523.md) | [(229)](/filings/0001193125-26-193963.md) | [(74.8) d](/filings/0001193125-26-336708.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,737](/filings/0000950170-24-022519.md) | [5,789](/filings/0000950170-25-027196.md) | [1,864](/filings/0001193125-26-072523.md) | [1,383](/filings/0001193125-26-072523.md) | [1,932](/filings/0001193125-26-072523.md) |
| Gross margin | % | [36.2%](/filings/0000950170-24-022519.md) | [34.3%](/filings/0000950170-25-027196.md) | [48.3%](/filings/0001193125-26-072523.md) | [43.8%](/filings/0001193125-26-072523.md) | [49.5%](/filings/0001193125-26-072523.md) |
| Operating margin | % | [2.9%](/filings/0000950170-24-022519.md) | [(16.2%)](/filings/0000950170-25-027196.md) | [(35.4%)](/filings/0001193125-26-072523.md) | [(21.1%)](/filings/0001193125-26-072523.md) | [2.5%](/filings/0001193125-26-072523.md) |
| Net margin | % | [(6.9%)](/filings/0000950170-24-022519.md) | [(22.2%)](/filings/0000950170-25-027196.md) | [(80.8%)](/filings/0001193125-26-072523.md) | [(22.8%)](/filings/0001193125-26-072523.md) | [118.2%](/filings/0001193125-26-072523.md) |
| Diluted EPS | $ per share | [(2.55)](/filings/0000950170-24-022519.md) | [(6.49)](/filings/0000950170-25-027196.md) | [(7.44)](/filings/0001193125-26-072523.md) | [(1.78)](/filings/0001193125-26-072523.md) | [9.63](/filings/0001193125-26-072523.md) |
| Free cash flow | $m | [(9.1)](/filings/0000950170-24-022519.md) | [88.7](/filings/0000950170-25-027196.md) | [237](/filings/0001193125-26-072523.md) | [248](/filings/0001193125-26-072523.md) | [253](/filings/0001193125-26-072523.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/visn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $319.7m | 25,014,020 |  | Added +4,879,427 |
| [CARRONADE CAPITAL MANAGEMENT, LP](/funds/1866872.md) | 2026-06-30 | $141.9m | 11,106,021 |  | Added +3,459,299 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $122.9m | 9,620,301 |  | Added +57,081 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $114.8m | 8,983,803 |  | Reduced −327,192 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $92.1m | 7,208,219 |  | Added +1,255,023 |
| [MANGROVE PARTNERS IM, LLC](/funds/1535392.md) | 2026-06-30 | $91.5m | 7,158,439 |  | Added +7,146,497 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $89.8m | 7,027,785 |  | Added +442,890 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $80.2m | 6,273,300 |  | Added +3,943,100 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $75.2m | 5,883,505 |  | Reduced −133,469 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $73.1m | 5,723,510 |  | Added +539,654 |

## Recent filings

[All 1,208 filings](/companies/visn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-14 | 17:15 ET | [8-K](/filings/0001193125-26-421807.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-421807 |
| 2026-08-26 | 16:25 ET | [8-K](/filings/0001193125-26-368664.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-368664 |
| 2026-08-06 | 07:09 ET | [10-Q](/filings/0001193125-26-336708.md) | Quarterly report, period 2026-06-30 | 0001193125-26-336708 |
| 2026-08-06 | 07:07 ET | [8-K](/filings/0001193125-26-336705.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-336705 |
| 2026-08-06 | 07:06 ET | [8-K](/filings/0001193125-26-336699.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-336699 |
| 2026-07-08 | 17:08 ET | [8-K](/filings/0001193125-26-298682.md) | 2.01 Completion of an acquisition or disposition; 9.01 Financial statements and exhibits | 0001193125-26-298682 |
| 2026-07-01 | 09:09 ET | [8-K](/filings/0001193125-26-291679.md) | 2.01 Completion of an acquisition or disposition | 0001193125-26-291679 |
| 2026-05-08 | 07:00 ET | [8-K](/filings/0001193125-26-213260.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001193125-26-213260 |
| 2026-05-05 | 16:16 ET | [8-K](/filings/0001193125-26-206475.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001193125-26-206475 |
| 2026-04-30 | 07:13 ET | [10-Q](/filings/0001193125-26-193963.md) | Quarterly report, period 2026-03-31 | 0001193125-26-193963 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-072523.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/b10e443a-2211-4a7b-8e8f-184096ef6acc)

## About the filer

- CIK: 1517228
- Tickers: VISN
- Exchange: Nasdaq
- SIC code: 3663 Radio & Tv Broadcasting & Communications Equipment
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 12:42 ET. No prices; not investment advice.