10-K annual report · filed Feb 26, 2026

Vistance Networks, Inc. (VISN) FY2025 10-K Annual Report

Short answer

Vistance Networks, Inc. (VISN) filed its fiscal 2025 10-K annual report with the SEC on Feb 26, 2026. It reported revenue of $1.9B (−54.1% year over year) and net income of $2.3B.

  • Top risk flagged: Regulatory risk from new U.S. tariffs announced under current administration; company has a "manageable plan" but impacts remain uncertain in 2026

FY2025 key financial metrics · XBRL

Revenue
$1.9B
−54.1% YoY
Net income
$2.3B
+823.8% YoY
Operating margin
2.5%
−3.6 pp YoY
Gross margin
49.5%
+12.0 pp YoY
EPS (diluted)
$9.63
+641.0% YoY
ROE
-227.4%
−236.6 pp YoY
Operating cash flow
$323M
+18.2% YoY

Source: XBRL data from the Vistance Networks, Inc. (VISN) FY2025 10-K on SEC EDGAR. USD.

Vistance Networks, Inc. FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Business Overview

  • Core business: global provider of infrastructure solutions enabling media, voice, IP data, and Wi-Fi connectivity for service providers and enterprises
  • New emphasis on transformation initiative since 2021 driving profitable growth, operational efficiency, and portfolio optimization
  • Strategic divestitures in 2023-25 including Home business, Outdoor Wireless Networks, DAS unit, OneCell, and Connectivity and Cable Solutions segment
  • Revenue $1.93 billion with income from continuing operations $324.3 million for FY 2025 despite ongoing restructuring costs $19.7M in 2025
  • Legal name change to Vistance Networks, Inc. effective January 14, 2026, rebranding key segments RUCKUS and Aurora Networks

Management Discussion & Analysis

  • Cash flow, buybacks, dividends, and capex information not provided
  • Forward-looking statements included with caution on risks and uncertainties
  • No quantitative guidance or outlook figures mentioned

Risk Factors

  • Regulatory risk from new U.S. tariffs announced under current administration; company has a "manageable plan" but impacts remain uncertain in 2026
  • Geopolitical exposure with 28.5% of 2025 net sales outside U.S., including growth in EMEA (+$64.8M) and APAC (+$30.0M), but sales decline in CALA (-$9.5M)
  • Operational risk from ongoing transformation initiative with $19.7M net restructuring costs in 2025 and expected further material charges in 2026
  • Competitive threat from technology shift as R&D spend increased 14.5% to $283.5M in 2025 to meet evolving customer needs and new product development
  • Financial risk from previously high leverage with long-term debt at $7.26B representing 96.4% of total capitalization end-2025, despite $1.98B reduction YoY

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