For the year ending 2025-12-31, VISN made $1,931,600K in revenue. $2,214,800K in net income. Net profit margin of 114.66%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales | 1,931,600 | 4,205,800 | 5,789,200 | 9,228,100 |
| Cost of sales | 975,700 | 2,628,900 | 3,640,900 | 6,424,000 |
| Gross profit | 955,900 | 1,576,900 | 2,148,300 | 2,804,100 |
| Transition service agreement income | 35,500 | 24,500 | - | - |
| Selling, general and administrative | 497,400 | 755,500 | 873,300 | 1,135,000 |
| Research and development | 283,500 | 316,200 | 459,700 | 657,400 |
| Amortization of purchased intangible assets | 138,400 | 236,500 | 327,100 | 543,000 |
| Restructuring costs, net | 19,700 | 36,700 | 29,700 | 62,900 |
| Asset impairments | 0 | - | - | - |
| Asset impairments | - | 0 | 571,400 | 1,119,600 |
| Other | -4,800 | - | - | - |
| Total operating expenses | 943,800 | 1,344,900 | 2,261,200 | 3,517,900 |
| Operating income (loss) | 47,600 | 256,500 | -112,900 | -713,800 |
| Other income (expense), net | -9,400 | 10,200 | 59,700 | -100 |
| Interest expense | - | 686,900 | 675,800 | 588,900 |
| Interest income | 16,700 | 10,900 | 11,100 | 2,800 |
| Income (loss) from continuing operations before income taxes | 54,900 | -409,300 | -717,900 | -1,300,000 |
| Income tax (expense) benefit | -269,400 | 51,700 | 133,400 | -13,100 |
| Income (loss) from continuing operations | 324,300 | -461,000 | -851,300 | - |
| Income (loss) from discontinued operations, net of income tax (expense) benefit of 865.1, (213.6) and 99.6, respectively | 1,959,400 | 145,500 | -599,600 | - |
| Net income (loss) | 2,283,700 | -315,500 | -1,450,900 | -1,286,900 |
| Series a convertible preferred stock dividends | 68,900 | 65,200 | 61,800 | 59,000 |
| Net income (loss) attributable to common stockholders | 2,214,800 | -380,700 | -1,512,700 | -1,345,900 |
| Earnings per share, basic | 10.09 | -1.78 | -7.17 | -6.49 |
| Earnings per share, diluted | 9.63 | -1.78 | -7.17 | -6.49 |
| Weighted average number of shares outstanding, basic | 219,500,000 | 214,400,000 | 210,900,000 | 207,400,000 |
| Weighted average number of shares outstanding, diluted | 230,000,000 | 214,400,000 | 210,900,000 | 207,400,000 |
Vistance Networks, Inc. (VISN)
Vistance Networks, Inc. (VISN)