Ubiquiti vs Vistance Networks
Ubiquiti is the larger business, with $3.27bn of revenue in fiscal 2026 against $1.93bn for Vistance Networks (1.7 times as much). Vistance Networks grew faster (39.7% against 27.2%). Vistance Networks kept more of each dollar of sales as profit: a net margin of 118.2% against 29.3%.
| Latest fiscal year | UbiquitiUI, 2026 | Vistance NetworksVISN, 2025 |
|---|---|---|
| Revenue | $3.27bn | $1.93bn |
| Revenue growth | 27.2% | 39.7% |
| Net income | $960m | $2.28bn |
| Operating margin | 36.2% | 2.5% |
| Net margin | 29.3% | 118.2% |
| Return on equity | 91.1% | — |
| Free cash flow | $909m | $253m |
| Cash | $523m | $614m |
| Total debt | $47.5m | $7.36bn |
| Debt to equity | 3.3% | — |
| Dividend per share | $3.20 | — |
| Dividend yield | 0.6% | — |
| Share buybacks | — | — |
| Employees | 1,818 | 4,500 |
| Market value | $33.05bn | $1.46bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 86 (Strong) | 40 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 1 buys, 2 sales |