Filing Flows › Vistance Networks (VISN) › Q1 2026
Vistance Networks (VISN) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Vistance Networks (VISN) reported revenue of $472M for the first quarter 2026 (Q1 2026), +22% from a year earlier and -8% from the quarter before. Operating margin was 5.0%.
Vistance Networks, Q1 2026: revenue $472M (+22% year over year), operating margin 5.0%, net earnings $5.5B, operating cash flow −$227M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $472M | -8% | +22% |
| Gross profit | $234M | -0.3% | +18% |
| Operating profit | $23.7M | — | — |
| Net earnings | $5.5B | +305% | +603% |
| Operating cash flow | −$227M | -181% | — |
What changed
Revenue was $471.8M in Q1 2026, up 22% year over year and down 8% from the previous quarter. Aurora was the largest line at 63% of revenue. Aurora added $73.4M year over year (up 33%), 88% of the total change.
Gross margin was 49.5%, down 1.4 points from Q1 2025. Operating profit was $23.7M, a 5.0% margin (up 9.2 points year over year). Operating expenses fell 2% while revenue rose 22%. Net earnings were $5,508.0M, up 603% year over year. The effective tax rate was -3.5%. Non-operating items added $5,299.1M, 100% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$226.6M. Non-cash charges added back $39.1M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items used $5,779.2M. Capital expenditures of $2.2M exceeded it, leaving free cash flow of −$228.8M.
Questions
What was Vistance Networks' revenue in the first quarter 2026?
Vistance Networks (VISN) reported revenue of $472M for the first quarter 2026 (Q1 2026), +22% from a year earlier and -8% from the quarter before.
Was Vistance Networks profitable in the first quarter 2026?
Operating profit was $23.7M (5.0% of revenue) and net earnings $5.5B.
Source: Vistance Networks 10-Q on SEC EDGAR.