VISN

MKT CAP:$4B

Vistance Networks, Inc.

Market Cap

$4B

Technology·Communication Equipment·🇺🇸 United States·NASDAQ

Technology·Communication·🇺🇸·NASDAQ

Stock Price

$19.08+$0.82 (+4.49%)

Apr 23, 2026

Company Details

Vistance Networks, Inc. provides infrastructure solutions for communications, data center, and entertainment networks in the United States, Europe, the Middle East, Africa, the Asia Pacific, Caribbean, and Latin America. The company operate...

CEO

Charles L. Treadway

IPO Date

Jan 5, 2026

Website

www.commscope.com

Key Metrics TTM

Revenue

$4.3B

-46.4% YoY

Net Income

$684M

EPS (Diluted)

$2.53

Free Cash Flow

$566M

Revenue / Share

$19.17

Gross Margin

34.6%

Operating Margin

11.3%

Net Margin

16.1%

FCF Margin

13.3%

P/S

1.0x

P/E

6.4x

Earnings Reports

Q1 2026

Apr 30, 2026

PENDING

Q4 2025

Dec 31, 2025

$515MEPS $6.05

Q3 2025

Oct 29, 2025

$1.6BEPS $0.33

Q2 2024

Aug 7, 2024

$1.1B-33.7%EPS $0.13

FY 2023

Feb 28, 2024

$4.6B-39.3%EPS -$7.44

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 20	$2.1B	$499M	$39M
Q3 20	$2.2B	$577M	$101M
Q4 20	$2.1B	$558M	$131M
Q1 21	$2.1B	$519M	$71M
Q2 21	$2.2B	$559M	$102M
Q3 21	$2.1B	$505M	$49M
Q4 21	$2.2B	$537M	$72M
Q1 22	$2.2B	$497M	$56M
Q2 22	$2.3B	$545M	$118M
Q3 22	$2.4B	$602M	$164M
Q1 23	$1.7B	$530M	$172M
Q2 23	$1.6B	$493M	$138M
Q3 23	$1.1B	$311M	$54M
Q2 24	$1.1B	$344M	$104M
Q3 25	$1.6B	$616M	$314M
Q4 25	$515M	$200M	$10M

Valuation

Quarter	P/S	P/E
Q2 20	0.5x	—
Q3 20	0.5x	—
Q4 20	0.5x	—
Q1 21	0.5x	—
Q2 21	0.5x	—
Q3 21	0.5x	—
Q4 21	0.5x	—
Q1 22	0.5x	—
Q2 22	0.5x	—
Q3 22	0.5x	—
Q1 23	0.5x	—
Q2 23	0.5x	—
Q3 23	0.7x	—
Q2 24	0.8x	—
Q3 25	0.8x	—
Q4 25	1.0x	6.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 20	$209M	$185M
Q3 20	$172M	$146M
Q4 20	$98M	$50M
Q1 21	-$124M	-$150M
Q2 21	$192M	$158M
Q3 21	$67M	$31M
Q4 21	-$12M	-$48M
Q1 22	-$15M	-$42M
Q2 22	-$95M	-$122M
Q3 22	-$88M	-$111M
Q1 23	-$46M	-$61M
Q2 23	$137M	$116M
Q3 23	$139M	$130M
Q2 24	$51M	$46M
Q3 25	$151M	$135M
Q4 25	$281M	$256M

Capital Expenditures

Quarter	CapEx
Q2 20	$24M
Q3 20	$26M
Q4 20	$48M
Q1 21	$26M
Q2 21	$34M
Q3 21	$36M
Q4 21	$35M
Q1 22	$27M
Q2 22	$28M
Q3 22	$24M
Q1 23	$14M
Q2 23	$21M
Q3 23	$9M
Q2 24	$5M
Q3 25	$16M
Q4 25	$26M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 20	-18.1%	-19.5%
Q3 20	-8.9%	-14.2%
Q4 20	-7.3%	-11.0%
Q1 21	+1.9%	-1.7%
Q2 21	+3.9%	+1.0%
Q3 21	-2.9%	-0.5%
Q4 21	+4.3%	+7.5%
Q1 22	+7.6%	+8.6%
Q2 22	+5.3%	+4.7%
Q3 22	+13.1%	+7.8%
Q1 23	-25.2%	-30.7%
Q2 23	-28.7%	-33.2%
Q3 23	-54.2%	-54.2%
Q2 24	-55.8%	-57.2%
Q3 25	-2.1%	-11.8%
Q4 25	-67.6%	-65.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 20	$33M	1.5%
Q3 20	$34M	1.6%
Q4 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$16M	0.8%
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$16M	0.7%
Q1 23	$14M	0.8%
Q2 23	$6M	0.4%
Q3 23	$11M	1.1%
Q2 24	$2M	0.2%
Q3 25	$11M	0.7%
Q4 25	-$27M	-5.3%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 20	$176M	$283M
Q3 20	$185M	$292M
Q4 20	$162M	$265M
Q1 21	$172M	$277M
Q2 21	$176M	$281M
Q3 21	$168M	$288M
Q4 21	$168M	$297M
Q1 22	$171M	$270M
Q2 22	$165M	$262M
Q3 22	$162M	$276M
Q1 23	$126M	$232M
Q2 23	$128M	$227M
Q3 23	$85M	$172M
Q2 24	$73M	$163M
Q3 25	$95M	$207M
Q4 25	$71M	$120M

Revenue Segments

Quarter	A N S	C C S	Ruckus
Q3 25	$338M	$1.1B	$179M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$315M	$0	$315M
Q2 22	$229M	$0	$229M
Q3 22	$146M	$0	$146M
Q4 22	$373M	$0	$373M
Q1 23	$327M	$0	$327M
Q2 23	$418M	$0	$418M
Q3 23	$519M	$0	$519M
Q4 23	$544M	$0	$544M
Q1 24	$357M	$0	$357M
Q2 24	$346M	$0	$346M
Q3 24	$392M	$0	$392M
Q4 24	$565M	$0	$565M
Q1 25	$493M	$0	$493M
Q2 25	$571M	$0	$571M
Q3 25	$705M	$0	$705M
Q4 25	$754M	$0	$754M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 20	196M	+0.5%	+1.2%
Q3 20	197M	+0.5%	+1.4%
Q4 20	204M	+3.7%	+5.0%
Q1 21	202M	-1.2%	+3.5%
Q2 21	204M	+1.2%	+4.2%
Q3 21	204M	+0.0%	+3.7%
Q4 21	205M	+0.1%	+0.1%
Q1 22	205M	+0.4%	+1.8%
Q2 22	208M	+1.1%	+1.7%
Q3 22	211M	+1.8%	+3.5%
Q1 23	209M	-1.1%	+2.2%
Q2 23	211M	+0.8%	+2.5%
Q3 23	212M	+0.7%	+2.1%
Q2 24	216M	+1.7%	+2.0%
Q3 25	278M	+28.9%	+32.9%
Q4 25	222M	-20.1%	+5.4%

Shares Outstanding