0001193125-26-193963 | 10-Q | XBRL Viewer

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Financing - Summary of Debt (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Debt Instrument [Line Items]
Total principal amount of debt	$ 0.0	$ 7,359.5
Less: Original issue discount, net of amortization	0.0	(51.9)
Less: Debt issuance costs, net of amortization	0.0	(47.4)
Less: Current portion	0.0	0.0
Total long-term debt	0.0	7,260.2
7.125% Senior Notes Due July 2028 [Member]
Debt Instrument [Line Items]
Senior notes	0.0	641.6
5.00% Senior Notes Due March 2027 [Member]
Debt Instrument [Line Items]
Senior notes	0.0	750.0
8.25% Senior Notes Due March 2027 [Member]
Debt Instrument [Line Items]
Senior notes	0.0	866.9
9.50% Senior Secured Notes Due December 2031 [Member]
Debt Instrument [Line Items]
Senior notes	0.0	1,000.0
4.75% Senior Secured Notes Due September 2029 [Member]
Debt Instrument [Line Items]
Senior secured notes	0.0	1,250.0
6.00% Senior Secured Notes Due March 2026 [Member]
Debt Instrument [Line Items]
Senior secured notes	0.0	1,500.0
Senior Secured Term Loan Due December 2029 [Member]
Debt Instrument [Line Items]
Senior secured notes	0.0	3,150.0
Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Senior secured revolving credit facility	$ 0.0	$ 200.0

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Mar. 31, 2026	Mar. 31, 2025
Pay vs Performance Disclosure
Net Income (Loss)	$ 5,508.0	$ 784.0

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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+ Details

Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($) $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury stock, at cost [Member]
Beginning balance, Shares at Dec. 31, 2024		215,887,001
Issuance of shares under equity-based compensation plans, shares		994,178
Shares surrendered under equity-based compensation plans		(299,567)
Ending balance, Shares at Mar. 31, 2025		216,581,612
Beginning balance at Dec. 31, 2024		$ 2.3	$ 2,514.2	$ (5,324.5)	$ (344.5)	$ (303.6)
Excise tax on preferred stock redemption				0.0
Issuance of shares under equity-based compensation plans		(0.1)
Equity-based compensation			7.5
Dividends on Series A convertible preferred stock			(16.9)
Net Income (Loss)	$ 784.0			784.0
Other comprehensive income (loss), net of tax	134.9				134.9
Net shares surrendered under equity-based compensation plans						(1.5)
Ending balance at Mar. 31, 2025	$ (2,548.2)	$ 2.2	2,504.8	(4,540.5)	(209.6)	(305.1)
Beginning balance, Shares at Dec. 31, 2025	223,260,316	223,260,316
Issuance of shares under equity-based compensation plans, shares		3,354,488
Shares surrendered under equity-based compensation plans		(1,101,430)
Ending balance, Shares at Mar. 31, 2026	223,260,316	225,513,374
Beginning balance at Dec. 31, 2025	$ (1,004.1)	$ 2.4	2,487.9	(3,040.8)	(118.7)	(334.9)
Excise tax on preferred stock redemption				(12.8)
Issuance of shares under equity-based compensation plans		0.1
Equity-based compensation			5.5
Dividends on Series A convertible preferred stock			(1.7)
Net Income (Loss)	5,508.0			5,508.0
Other comprehensive income (loss), net of tax	119.8				119.8
Net shares surrendered under equity-based compensation plans						(20.3)
Ending balance at Mar. 31, 2026	$ 4,594.5	$ 2.5	$ 2,491.7	$ 2,454.4	$ 1.1	$ (355.2)

Financing - Summary of Debt (Parenthetical) (Detail)	3 Months Ended
Financing - Summary of Debt (Parenthetical) (Detail)	Mar. 31, 2026	Dec. 31, 2025
7.125% Senior Notes Due July 2028 [Member]
Debt Instrument [Line Items]
Maturity month and year	2028-07
Interest rate	7.125%	7.125%
5.00% Senior Notes Due March 2027 [Member]
Debt Instrument [Line Items]
Maturity month and year	2027-03
Interest rate	5.00%	5.00%
8.25% Senior Notes Due March 2027 [Member]
Debt Instrument [Line Items]
Maturity month and year	2027-03
Interest rate	8.25%	8.25%
9.50% Senior Secured Notes Due December 2031 [Member]
Debt Instrument [Line Items]
Maturity month and year	2031-12
Interest rate	9.50%	9.50%
4.75% Senior Secured Notes Due September 2029 [Member]
Debt Instrument [Line Items]
Maturity month and year	2029-09
Interest rate	4.75%	4.75%
6.00% Senior Secured Notes Due March 2026 [Member]
Debt Instrument [Line Items]
Maturity month and year	2026-03
Interest rate	6.00%	6.00%
Senior Secured Term Loan Due December 2029 [Member]
Debt Instrument [Line Items]
Maturity month and year	2029-12

Supplemental Financial Statement Information

3 Months Ended

Mar. 31, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Financial Statement Information

4. SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION

Inventories


	March 31, 2026		December 31, 2025
Raw materials	$	134.2	$	133.7
Work in process		41.6		38.1
Finished goods		161.1		138.6
Total inventories, net	$	336.9	$	310.4

Accrued and Other Liabilities


	March 31, 2026		December 31, 2025
Deferred revenue	$	122.4	$	106.5
Compensation and employee benefit liabilities		60.2		162.7
Product warranty accrual		16.7		16.4
Operating lease liabilities		14.1		13.9
Other		120.6		198.8
Total accrued and other liabilities	$	334.0	$	498.3

Operating Lease Information


	Balance Sheet Location	March 31, 2026		December 31, 2025
Right of use assets	Other noncurrent assets	$	51.1	$	57.1

Lease liabilities – current	Accrued and other liabilities	$	14.1	$	13.9
Lease liabilities – noncurrent	Other noncurrent liabilities		51.9		55.5
Total lease liabilities		$	66.0	$	69.4

Accumulated Other Comprehensive Income (Loss) (AOCI (AOCL))

The following table presents changes in AOCI (AOCL), net of tax:



	March 31,
	2026			2025
Foreign currency translation
Balance at beginning of period	$	(81.6	)	$	(308.8	)
Other comprehensive income (loss)		(6.5	)		38.4
Amounts reclassified from AOCL		88.7			97.9
Balance at end of period	$	0.6		$	(172.5	)

Defined benefit plan activity
Balance at beginning of period	$	(18.7	)	$	(15.5	)
Other comprehensive income		0.1			—
Amounts reclassified from AOCL		19.1			—
Balance at end of period	$	0.5		$	(15.5	)

Hedging instruments
Balance at beginning of period	$	(18.4	)	$	(20.2	)
Other comprehensive loss		—			(1.4	)
Amounts reclassified from AOCL		18.4			—
Balance at end of period	$	—		$	(21.6	)
Net AOCI (AOCL) at end of period	$	1.1		$	(209.6	)

During the three months ended March 31, 2026, the reclassification of foreign currency translation, defined benefit plan activity and hedging instrument amounts from net AOCI (AOCL) related to the divestiture of the CCS segment during the first quarter of 2026. During the three months ended March 31, 2025, the reclassification of foreign currency translation amount from net AOCI (AOCL) related to the divestiture of the OWN segment and DAS business during the first quarter of 2025. The reclassified amounts resulting from the divestitures were recorded in the gain (loss) on disposal included in income (loss) from discontinued operations, net of income taxes, on the Condensed Consolidated Statements of Operations. See Note 2 for further discussion of the Company’s divestitures.

Cash Flow Information


	March 31,
	2026		2025
Cash paid during the period for:
Income taxes, net of refunds	$	13.9	$	20.5
Interest		105.1		222.0

Segments and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Summary of Financial Information by Reportable Segment

The following table provides summary financial information by reportable segment:


	March 31, 2026		December 31, 2025
Identifiable segment-related assets: (1)
RUCKUS	$	912.0	$	839.6
Aurora		1,705.9		1,629.3
Total identifiable segment-related assets		2,617.9		2,468.9
Reconciliation to total assets:
Cash and cash equivalents		2,510.0		754.4
Deferred income tax assets		303.9		1,765.9
Divested and other business assets (2)		11.2		57.3
Assets held for sale		—		4,324.5
Total assets	$	5,443.0	$	9,371.0

(1)

Assets related to reportable segments largely include accounts receivable, inventories, property, plant and equipment, goodwill, intangible assets and certain limited other assets. All other items, except cash and cash equivalents and deferred income tax assets, are reflected in divested and other business assets. Accounts receivable and inventory are ascribed based on underlying sales or activity. Property, plant and equipment are attributed to a particular business segment based on that item’s primary user and reflect an allocation of certain corporate-shared assets. Intangible assets and goodwill are directly associated with a particular reporting unit and attributed on that basis.

(2)

The divested and other business assets line item above reflects certain inventory retained by the Company related to continuing involvement in divested businesses pursuant to the Amphenol MSA, as discussed in Note 2, as well as other corporate assets. As of March 31, 2026, inventory of $7.0 million related to the OWN segment and DAS business unit and $4.1 million related to the Passive Optical Network (PON) business line within the CCS segment that was not divested with the sale of the CCS segment. As of December 31, 2025, inventory of $16.6 million related to the OWN segment and DAS business unit, $4.4 million related to the PON business line and $36.3 million related to corporate and other assets.

Summary of Net Sales, Adjusted EBITDA, Depreciation Expense and Additions to PP&E by Reportable Segment

The following table provides net sales, cost of sales, total operating expenses, adjusted EBITDA, depreciation expense and additions to property, plant and equipment by reportable segment for the three months ended March 31, 2026:


	RUCKUS			Aurora			Total
Net sales	$	173.4		$	298.4		$	471.8

Cost and expenses:
Segment cost of sales		56.1			181.8
Segment operating expenses		81.1			69.4
Addback: Depreciation		(0.8	)		(3.1	)
Segment adjusted EBITDA		37.0			50.3			87.3
Amortization of intangible assets								(34.1	)
Restructuring costs, net								(9.6	)
Equity-based compensation								(5.3	)
Transaction, transformation and integration costs								(10.7	)
Depreciation								(3.9	)
Operating income								23.7
Other income, net								22.8
Income from continuing operations before income taxes							$	46.5

Depreciation	$	0.8		$	3.1		$	3.9
Additions to property, plant and equipment	$	0.3		$	0.8		$	1.1


	RUCKUS			Aurora			Corporate and other (1)			Total
Net sales	$	163.1		$	225.0		$	—		$	388.1

Cost and expenses:
Segment cost of sales		62.0			127.3			1.0
Segment operating expenses		77.5			63.4			15.8
Addback: Depreciation		(1.3	)		(3.9	)		(0.9	)
Segment adjusted EBITDA		24.9			38.2			(15.9	)		47.2
Amortization of intangible assets											(36.3	)
Restructuring costs, net											(11.2	)
Equity-based compensation											(5.6	)
Transaction, transformation and integration costs											(4.3	)
Depreciation											(6.1	)
Operating loss											(16.3	)
Other expense, net											(0.1	)
Loss from continuing operations before income taxes										$	(16.4	)

Depreciation	$	1.3		$	3.9		$	0.9		$	6.1
Additions to property, plant and equipment	$	0.1		$	1.2		$	1.1		$	2.4

(1)

The corporate and other category above primarily reflects general corporate costs that were previously allocated to the CCS segment, OWN segment and DAS business unit. These indirect expenses have been classified as continuing operations, since the costs were not directly attributable to these discontinued operations. Beginning in the first quarter of 2025, the corporate and other costs related to the OWN segment and DAS business unit have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA. The corporate and other costs related to the CCS segment have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA beginning in the first quarter of 2026.

Summary of Sales by Geographic Region, Based on Destination of Product Shipments or Service Provided

Sales by geographic region, based on the destination of product shipments or service provided, were as follows:


	Three Months Ended March 31, 2026
	RUCKUS		Aurora		Total
Geographic Region:
United States	$	85.7	$	242.0	$	327.7
Europe, Middle East and Africa		46.2		26.1		72.3
Asia Pacific		32.8		10.0		42.8
Caribbean and Latin America		6.1		8.3		14.4
Canada		2.6		12.0		14.6
Consolidated net sales	$	173.4	$	298.4	$	471.8

	Three Months Ended March 31, 2025
	RUCKUS		Aurora		Total
Geographic Region:
United States	$	105.3	$	158.8	$	264.1
Europe, Middle East and Africa		31.4		21.6		53.0
Asia Pacific		19.6		8.8		28.4
Caribbean and Latin America		3.9		15.1		19.0
Canada		2.9		20.7		23.6
Consolidated net sales	$	163.1	$	225.0	$	388.1

Acquisitions - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Business Combination [Line Items]
Net sales	$ 471.8	$ 388.1
Goodwill	$ 764.6		$ 764.6

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-4

+ Details

Supplemental Financial Statement Information - Accrued and Other Liabilities (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Accrued and Other Liabilities [Abstract]
Deferred revenue	$ 122.4	$ 106.5
Compensation and employee benefit liabilities	60.2	162.7
Product warranty accrual	16.7	16.4
Operating lease liabilities	14.1	13.9
Other	120.6	198.8
Total accrued and other liabilities	$ 334.0	$ 498.3

Divestitures - Summary of Gain (Loss) on Disposal of OWN Segment and DAS Business Unit and Home business (Detail) - USD ($)
$ in Millions

3 Months Ended

Jan. 09, 2026

Jan. 31, 2025

Mar. 31, 2026

Mar. 31, 2025

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Gain on disposal, net of income taxes

$ 7,007.9

$ 869.7

Discontinued Operations, Disposed of by Sale [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Gain on disposal before income taxes

7,007.9

869.7

Discontinued Operations, Disposed of by Sale [Member] | C C S [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Cash consideration received (net of cash acquired)

$ 10,541.7

Transaction expense

(81.3)

Total disposal consideration

10,460.4

Carrying value of net assets sold

(3,326.1)

Gain on disposal before income taxes and reclassification of foreign currency translation and other

7,134.3

Reclassification of foreign currency translation and other

^[1]

(126.4)

Gain on disposal before income taxes

7,007.9

$ 7,007.9

$ 0.0

Income tax expense

(1,652.9)

Gain on disposal, net of income taxes

$ 5,355.0

Discontinued Operations, Disposed of by Sale [Member] | OWN Segment and DAS Business Unit [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Cash consideration received (net of cash acquired)

$ 2,034.5

Transaction expense

(9.1)

Total disposal consideration

2,025.4

Carrying value of net assets sold

(1,057.8)

Gain on disposal before income taxes and reclassification of foreign currency translation and other

967.6

Reclassification of foreign currency translation and other

^[1]

(97.9)

Gain on disposal before income taxes

869.7

Income tax expense

(386.6)

Gain on disposal, net of income taxes

$ 483.1

[1]

Includes the reclassifications of foreign currency translation, defined benefit plan activity and hedging instrument amounts from accumulated other comprehensive income (loss) on the Condensed Consolidated Balance Sheets related to the divestiture of the CCS segment during the first quarter of 2026. Includes the reclassification of foreign currency translation from accumulated other comprehensive income (loss) on the Condensed Consolidated Balance Sheets related to the divestiture of the OWN segment and DAS business unit during the first quarter of 2025.

Revenue From Contracts With Customers - Summary of the Balance Sheet Location and Amounts of Contract Assets and Liabilities from Contracts with Customers (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Schedule Of Contract Assets And Liabilities [Line Items]
Deferred revenue - current	$ 122.4	$ 106.5
Total contract liabilities	222.3	200.2
Accounts Receivable, Net of Allowance for Doubtful Accounts [Member]
Schedule Of Contract Assets And Liabilities [Line Items]
Unbilled accounts receivable	4.3	9.4
Accrued and Other Liabilities [Member]
Schedule Of Contract Assets And Liabilities [Line Items]
Deferred revenue - current	122.4	106.5
Other Noncurrent Liabilities [Member]
Schedule Of Contract Assets And Liabilities [Line Items]
Deferred revenue - noncurrent	$ 99.9	$ 93.7

Divestitures - Discontinued Operations Included on the Condensed Consolidated Statements of Cash Flows (Detail) - USD ($) $ in Millions		3 Months Ended
	Jan. 31, 2025	Mar. 31, 2026	Mar. 31, 2025
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity-based compensation		$ 5.5	$ 7.5
Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on disposal of discontinued operations		7,007.9	869.7
Depreciation and amortization		0.1	30.0
Additions to property, plant and equipment		1.1	13.1
Equity-based compensation		$ 0.3	$ 1.8
Discontinued Operations, Disposed of by Sale [Member] \| OWN Segment and DAS Business Unit [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on disposal of discontinued operations	$ 869.7

Divestitures - Summary Cash Inflows Related to Ongoing Activities of Discontinued Operations (Detail) - Discontinued Operations [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Amphenol [Member] \| Manufacturing Supply Agreement Inventory Sales [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation, cash inflows	$ 5.5	$ 1.2
Vantiva [Member] \| Transition Service Agreement Fees [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation, cash inflows	0.0	2.8
Vantiva [Member] \| Supply Agreement Inventory Sales [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation, cash inflows	$ 0.0	$ 4.3

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2026
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rule 10b5-1 Arrangement Modified	false
Non-Rule 10b5-1 Arrangement Modified	false

Divestitures - Summary of Components of Income (Loss) from Discontinued Operations (Detail) - USD ($)
$ in Millions

3 Months Ended

Jan. 09, 2026

Mar. 31, 2026

Mar. 31, 2025

Operating expenses:

Income tax (expense) benefit

$ (1,609.6)

$ (413.8)

Discontinued Operations [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net sales

87.2

826.9

Cost of sales

59.2

517.2

Gross profit (loss)

28.0

309.7

Operating expenses:

Selling, general and administrative

7.5

101.9

Research and development

1.9

23.8

Amortization of purchased intangible assets

0.0

17.7

Restructuring costs, net

0.1

0.0

Total operating expenses

9.5

143.4

Operating income (loss)

18.5

166.3

Interest expense

^[1]

(129.1)

(173.7)

Other expense, net

^[2]

(11.4)

(5.6)

Income (loss) from operations of discontinued businesses before income taxes

(122.0)

(13.0)

Gain (loss) on disposal of discontinued operations before income taxes

7,007.9

869.7

Income tax (expense) benefit

(1,609.6)

(413.8)

Income (loss) from discontinued operations, net of income taxes

5,276.3

442.9

Discontinued Operations [Member] | C C S [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net sales

87.4

724.1

Cost of sales

59.2

453.1

Gross profit (loss)

28.2

271.0

Operating expenses:

Selling, general and administrative

7.5

85.3

Research and development

1.9

17.7

Amortization of purchased intangible assets

0.0

17.7

Restructuring costs, net

0.1

0.0

Total operating expenses

9.5

120.7

Operating income (loss)

18.7

150.3

Interest expense

^[1]

(129.1)

(173.7)

Other expense, net

^[2]

(11.4)

(4.6)

Income (loss) from operations of discontinued businesses before income taxes

(121.8)

(28.0)

Gain (loss) on disposal of discontinued operations before income taxes

$ 7,007.9

7,007.9

0.0

Income tax (expense) benefit

(1,609.6)

(23.4)

Income (loss) from discontinued operations, net of income taxes

5,276.5

(51.4)

Discontinued Operations [Member] | OWN Segment [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net sales

(0.2)

86.9

Cost of sales

0.0

49.8

Gross profit (loss)

(0.2)

37.1

Operating expenses:

Selling, general and administrative

0.0

15.5

Research and development

0.0

3.1

Amortization of purchased intangible assets

0.0

Restructuring costs, net

0.0

Total operating expenses

0.0

18.6

Operating income (loss)

(0.2)

18.5

Interest expense

^[1]

0.0

Other expense, net

^[2]

0.0

(1.0)

Income (loss) from operations of discontinued businesses before income taxes

(0.2)

17.5

Gain (loss) on disposal of discontinued operations before income taxes

(0.0)

869.7

Income tax (expense) benefit

0.0

(391.0)

Income (loss) from discontinued operations, net of income taxes

(0.2)

496.2

Discontinued Operations [Member] | DAS [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net sales

0.0

11.7

Cost of sales

0.0

10.0

Gross profit (loss)

0.0

1.7

Operating expenses:

Selling, general and administrative

0.0

3.7

Research and development

0.0

3.0

Amortization of purchased intangible assets

0.0

Restructuring costs, net

0.0

Total operating expenses

0.0

6.7

Operating income (loss)

0.0

(5.0)

Interest expense

^[1]

0.0

Other expense, net

^[2]

0.0

Income (loss) from operations of discontinued businesses before income taxes

0.0

(5.0)

Gain (loss) on disposal of discontinued operations before income taxes

0.0

Income tax (expense) benefit

0.0

1.2

Income (loss) from discontinued operations, net of income taxes

0.0

(3.8)

Discontinued Operations [Member] | Home Segment [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net sales

0.0

4.2

Cost of sales

0.0

4.3

Gross profit (loss)

0.0

(0.1)

Operating expenses:

Selling, general and administrative

0.0

(2.6)

Research and development

0.0

Amortization of purchased intangible assets

0.0

Restructuring costs, net

0.0

Total operating expenses

0.0

(2.6)

Operating income (loss)

0.0

2.5

Interest expense

^[1]

0.0

Other expense, net

^[2]

0.0

Income (loss) from operations of discontinued businesses before income taxes

0.0

2.5

Gain (loss) on disposal of discontinued operations before income taxes

0.0

Income tax (expense) benefit

0.0

(0.6)

Income (loss) from discontinued operations, net of income taxes

$ 0.0

$ 1.9

[1]

In connection with the sale of the CCS segment that was completed on January 9, 2026, the terms of the Purchase Agreement with Amphenol required that the CCS segment be transferred on a debt‑free basis, and therefore, the Company repaid its third‑party borrowings at closing using a portion of the proceeds from the sale of the CCS segment. Accordingly, all third-party debt obligations remained classified as long-term debt on the Condensed Consolidated Balance Sheets as of December 31, 2025. However, in accordance with accounting guidance, interest expense on debt that is required to be repaid as a direct result of a disposal transaction that qualifies as a discontinued operation is reported within discontinued operations. Because the closing of the divestiture required repayment of all outstanding third‑party debt due to the contractual requirement to deliver the business debt‑free, all interest expense, including the write-off of $101.3 million of unamortized debt issuance costs and original issuance discount associated with the debt redemption, has been presented within discontinued operations for all years presented.

[2]

Other expense, net includes a loss of $11.3 million on the extinguishment of debt, for the three months ended March 31, 2026, associated with the divestiture of the CCS segment.

Revenue From Contracts With Customers - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2026 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contract with customer liability revenue recognized	$ 38.6

Supplemental Financial Statement Information - Cash Flow Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash paid during the period for:
Income taxes, net of refunds	$ 13.9	$ 20.5
Interest	$ 105.1	$ 222.0

Background and Basis of Presentation - Summary of Earnings Per Share, Weighted Average Common Shares and Potential Common Shares Outstanding (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Numerator:
Income from continuing operations	$ 231.7	$ 341.1
Income from discontinued operations, net of tax	5,276.3	442.9
Net income	5,508.0	784.0
Dividends on Series A convertible preferred stock	(1.7)	(16.9)
Net income attributable to common stockholders	$ 5,506.3	$ 767.1
Denominator:
Weighted average common shares outstanding - basic	225.2	216.3
Dilutive effect of equity-based awards	8.0	11.0
Dilutive effect of as-if converted Series A convertible preferred stock	4.7	44.6
Weighted average common shares outstanding - diluted	237.9	271.9
Basic:
Earnings from continuing operations per share	$ 1.02	$ 1.5
Earnings from discontinued operations per share	23.43	2.05
Earnings per share	24.45	3.55
Diluted:
Earnings from continuing operations per share	0.97	1.25
Earnings from discontinued operations per share	22.18	1.63
Earnings per share	$ 23.15	$ 2.88

Financing (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Summary of Debt


	March 31, 2026		December 31, 2025
7.125% senior notes due July 2028	$	—	$	641.6
5.00% senior notes due March 2027		—		750.0
8.25% senior notes due March 2027		—		866.9
9.50% senior secured notes due December 2031		—		1,000.0
4.75% senior secured notes due September 2029		—		1,250.0
6.00% senior secured notes due March 2026		—		1,500.0
Senior secured term loan due December 2029		—		3,150.0
Senior secured revolving credit facility		—		200.0
Total principal amount of debt		—		7,359.5
Less: Original issue discount, net of amortization		—		(51.9	)
Less: Debt issuance costs, net of amortization		—		(47.4	)
Less: Current portion		—		—
Total long-term debt	$	—	$	7,260.2

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-3

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477734/942-470-50-3

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-8

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-6

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-7

+ Details

Revenue From Contracts With Customers - Allowance for Doubtful Accounts (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Accounts and Financing Receivable, after Allowance for Credit Loss, Current and Noncurrent [Abstract]
Allowance for doubtful accounts, beginning of period	$ 1.6	$ 1.6
Provision (benefit)	(0.9)	0.5
Foreign exchange and other	(0.0)	0.2
Allowance for doubtful accounts, end of period	$ 0.7	$ 2.3

Fair Value Measurements - Carrying Amounts, Estimated Fair Values and Valuation Input Levels of the Company's Debt Instruments, Interest Rate Swap Contracts and Foreign Currency Contracts (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
7.125% Senior Notes Due 2028 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Senior notes	$ 0.0	$ 641.6
5.00% Senior Notes Due 2027 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Senior notes	0.0	750.0
8.25% Senior Notes Due 2027 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Senior notes	$ 0.0	$ 866.9

Restructuring Costs

3 Months Ended

Mar. 31, 2026

Restructuring and Related Activities [Abstract]

Restructuring Costs

7. RESTRUCTURING COSTS

The Company incurs costs associated with restructuring initiatives intended to improve overall operating performance and profitability. The costs related to restructuring actions are generally cash-based and primarily consist of employee-related costs, which include severance and other one-time termination benefits.

In addition to the employee-related costs, the Company records other costs associated with restructuring actions, such as the gain or loss on the sale of facilities and impairment costs arising from unutilized real estate or equipment. The Company attempts to sell or lease this unutilized space, but additional impairment charges may be incurred related to these or other excess assets.

The Company’s net pretax restructuring activity included in restructuring costs, net on the Condensed Consolidated Statements of Operations, by segment, was as follows:


	Three Months Ended
	March 31,
	2026		2025
RUCKUS		4.5		1.6
Aurora		5.1		8.4
Corporate and other (1)		—		1.2
Total	$	9.6	$	11.2

(1)

The corporate and other line item above reflects general corporate restructuring costs that were previously allocated to the CCS segment, OWN segment and DAS business unit. Beginning in the first quarter of 2025, the corporate and other costs related to the OWN segment and DAS business unit have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA. The corporate and other costs related to the CCS segment have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA beginning in the first quarter of 2026.

Restructuring liabilities were included in the Company’s Condensed Consolidated Balance Sheets as follows:


	March 31, 2026		December 31, 2025
Accrued and other liabilities	$	7.1	$	3.9
Other noncurrent liabilities		0.6		0.3
Total restructuring liabilities	$	7.7	$	4.2

Vistance Restructuring Actions

During 2025, the Company substantially completed a restructuring program that was initiated in prior periods. As of December 31, 2025, the Company had accrued liabilities of $4.2 million related to this program, consisting of employee-related costs. These remaining obligations are expected to be settled in 2027.

Following the divestiture of the CCS segment that was completed on January 9, 2026, the Company initiated a new restructuring plan to right-size its cost structure and align operations with its revised business scope.

The following table presents activity in the Company’s accrued restructuring liabilities for the periods presented. The roll forward reflects a combined presentation of the remaining liabilities associated with the prior restructuring program and liabilities recognized under restructuring plans initiated in 2026:


	Employee-Related Costs			Other			Total
Balance at December 31, 2025	$	4.2		$	—		$	4.2
Additional expense, net		9.4			0.2			9.6
Cash paid		(5.9	)		(0.2	)		(6.1	)
Foreign exchange and other non-cash items		—			—			—
Balance at March 31, 2026	$	7.7		$	—		$	7.7

The Company expects to make cash payments of $7.0 million during the remainder of 2026 and $0.7 million during 2027 to settle these restructuring actions. Additional restructuring actions are expected to be identified, and the resulting charges and cash

Supplemental Financial Statement Information - Operating Lease Information (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Leases [Abstract]
Fair Value of Assets (Liability), Right of use assets	$ 51.1	$ 57.1
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other noncurrent assets	Other noncurrent assets
Fair Value of Assets (Liability), Total lease liabilities	$ 14.1	$ 13.9
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued and other liabilities	Accrued and other liabilities
Fair Value of Assets (Liability), Total lease liabilities	$ 51.9	$ 55.5
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other noncurrent liabilities	Other noncurrent liabilities
Fair Value of Assets (Liability), Total lease liabilities	$ 66.0	$ 69.4

Segments and Geographic Information - Summary of Net Sales by Reportable Segment, Disaggregated Based on Geographic Region (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	$ 471.8	$ 388.1
RUCKUS [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	173.4	163.1
Aurora [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	298.4	225.0
United States [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	327.7	264.1
United States [Member] \| RUCKUS [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	85.7	105.3
United States [Member] \| Aurora [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	242.0	158.8
Europe, Middle East and Africa (EMEA) [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	72.3	53.0
Europe, Middle East and Africa (EMEA) [Member] \| RUCKUS [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	46.2	31.4
Europe, Middle East and Africa (EMEA) [Member] \| Aurora [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	26.1	21.6
Asia Pacific (APAC) [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	42.8	28.4
Asia Pacific (APAC) [Member] \| RUCKUS [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	32.8	19.6
Asia Pacific (APAC) [Member] \| Aurora [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	10.0	8.8
Caribbean and Latin America (CALA) [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	14.4	19.0
Caribbean and Latin America (CALA) [Member] \| RUCKUS [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	6.1	3.9
Caribbean and Latin America (CALA) [Member] \| Aurora [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	8.3	15.1
Canada [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	14.6	23.6
Canada [Member] \| RUCKUS [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	2.6	2.9
Canada [Member] \| Aurora [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	$ 12.0	$ 20.7

- Definition

+ References

+ Details

Restructuring Costs - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Dec. 31, 2025
Commscope Next [Member] \| 2026 [Member]
Restructuring Cost and Reserve [Line Items]
Expected cash payments	$ 7.0
Commscope Next [Member] \| 2027 [Member]
Restructuring Cost and Reserve [Line Items]
Expected cash payments	$ 0.7
Vistance Restructuring Actions [Member]
Restructuring Cost and Reserve [Line Items]
Accrued Liabilities		$ 4.2

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Segments and Geographic Information - Summary of Financial Information by Reportable Segment (Detail) - USD ($)
$ in Millions

Mar. 31, 2026

Dec. 31, 2025

Mar. 31, 2025

Segment Reporting Information [Line Items]

Total assets

$ 5,443.0

$ 9,371.0

Cash and cash equivalents

2,510.0

754.4

$ 493.3

Deferred income tax assets

303.9

1,765.9

Operating Segments [Member]

Segment Reporting Information [Line Items]

Total assets

^[1]

2,617.9

2,468.9

Operating Segments [Member] | RUCKUS [Member]

Segment Reporting Information [Line Items]

Total assets

^[1]

912.0

839.6

Operating Segments [Member] | Aurora [Member]

Segment Reporting Information [Line Items]

Total assets

^[1]

1,705.9

1,629.3

Segment Reconciling Items [Member]

Segment Reporting Information [Line Items]

Cash and cash equivalents

2,510.0

754.4

Deferred income tax assets

303.9

1,765.9

Divested and other business assets

^[2]

11.2

57.3

Assets held for sale

$ 0.0

$ 4,324.5

[1]

[2]

Segments and Geographic Information

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Segments and Geographic Information

6. SEGMENTS AND GEOGRAPHIC INFORMATION

The following is a brief description of the activities of the Company’s business segments:

RUCKUS - The segment provides wireless networks for enterprises and service providers. Product offerings include indoor cellular solutions such as indoor and outdoor Wi-Fi and LTE access points, access and aggregation switches; an Internet of Things suite, on-premises and cloud-based control and management systems; and software and software-as-a-service applications addressing security, location, reporting and analytics.

Aurora - The segment’s product solutions include cable modem termination systems, video infrastructure, public key infrastructure solutions, distribution and transmission equipment and cloud solutions that enable facility-based service providers to construct a state-of-the-art residential and metro distribution network.

The following table provides summary financial information by reportable segment:


	March 31, 2026		December 31, 2025
Identifiable segment-related assets: (1)
RUCKUS	$	912.0	$	839.6
Aurora		1,705.9		1,629.3
Total identifiable segment-related assets		2,617.9		2,468.9
Reconciliation to total assets:
Cash and cash equivalents		2,510.0		754.4
Deferred income tax assets		303.9		1,765.9
Divested and other business assets (2)		11.2		57.3
Assets held for sale		—		4,324.5
Total assets	$	5,443.0	$	9,371.0

(1)

(2)

The Company organizes its business segments based on the nature of products and services offered. Segment information is presented on the same basis that the Company’s Chief Executive Officer, who is the chief operating decision-maker, uses to manage its segments, evaluate financial results and make key operating decisions. The Company’s measurement of segment performance is adjusted EBITDA (earnings before interest, income taxes, depreciation and amortization). The Company defines adjusted EBITDA as operating income (loss), adjusted to exclude depreciation, amortization of intangible assets, restructuring costs, asset impairments, equity-based compensation, transaction, transformation and integration costs and other items that the Company believes are useful to exclude in the evaluation of operating performance from period to period because these items are not representative of the Company’s recurring business.

These financial metrics are used to view operating trends, perform analytical comparisons and benchmark performance between periods and among geographic regions and monitor budget-to-actual variances on a monthly basis. To manage operations and make decisions regarding resource allocations, the Company’s chief operating decision-maker is regularly provided and reviews expense information at a consolidated level for each segment. Each segment has a manager responsible for executing the Company’s strategic initiatives.


	RUCKUS			Aurora			Total
Net sales	$	173.4		$	298.4		$	471.8

Cost and expenses:
Segment cost of sales		56.1			181.8
Segment operating expenses		81.1			69.4
Addback: Depreciation		(0.8	)		(3.1	)
Segment adjusted EBITDA		37.0			50.3			87.3
Amortization of intangible assets								(34.1	)
Restructuring costs, net								(9.6	)
Equity-based compensation								(5.3	)
Transaction, transformation and integration costs								(10.7	)
Depreciation								(3.9	)
Operating income								23.7
Other income, net								22.8
Income from continuing operations before income taxes							$	46.5

Depreciation	$	0.8		$	3.1		$	3.9
Additions to property, plant and equipment	$	0.3		$	0.8		$	1.1


	RUCKUS			Aurora			Corporate and other (1)			Total
Net sales	$	163.1		$	225.0		$	—		$	388.1

Cost and expenses:
Segment cost of sales		62.0			127.3			1.0
Segment operating expenses		77.5			63.4			15.8
Addback: Depreciation		(1.3	)		(3.9	)		(0.9	)
Segment adjusted EBITDA		24.9			38.2			(15.9	)		47.2
Amortization of intangible assets											(36.3	)
Restructuring costs, net											(11.2	)
Equity-based compensation											(5.6	)
Transaction, transformation and integration costs											(4.3	)
Depreciation											(6.1	)
Operating loss											(16.3	)
Other expense, net											(0.1	)
Loss from continuing operations before income taxes										$	(16.4	)

Depreciation	$	1.3		$	3.9		$	0.9		$	6.1
Additions to property, plant and equipment	$	0.1		$	1.2		$	1.1		$	2.4

(1)

Sales to customers located outside of the U.S. comprised 30.5% of total net sales for the three months ended March 31, 2026, compared to 32.0% of total net sales for the three months ended March 31, 2025. Sales by geographic region, based on the destination of product shipments or service provided, were as follows:


	Three Months Ended March 31, 2026
	RUCKUS		Aurora		Total
Geographic Region:
United States	$	85.7	$	242.0	$	327.7
Europe, Middle East and Africa		46.2		26.1		72.3
Asia Pacific		32.8		10.0		42.8
Caribbean and Latin America		6.1		8.3		14.4
Canada		2.6		12.0		14.6
Consolidated net sales	$	173.4	$	298.4	$	471.8

	Three Months Ended March 31, 2025
	RUCKUS		Aurora		Total
Geographic Region:
United States	$	105.3	$	158.8	$	264.1
Europe, Middle East and Africa		31.4		21.6		53.0
Asia Pacific		19.6		8.8		28.4
Caribbean and Latin America		3.9		15.1		19.0
Canada		2.9		20.7		23.6
Consolidated net sales	$	163.1	$	225.0	$	388.1

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2026	Apr. 20, 2026
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2026
Document Fiscal Year Focus	2026
Document Fiscal Period Focus	Q1
Entity Registrant Name	Vistance Networks, Inc.
Entity Central Index Key	0001517228
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		225,569,631
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	VISN
Security Exchange Name	NASDAQ
Entity File Number	001-36146
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-4332098
Entity Address, Address Line One	2601 Telecom Parkway
Entity Address, City or Town	Richardson
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75082
City Area Code	972
Local Phone Number	952-9700
Document Quarterly Report	true
Document Transition Report	false
Entity Common Stock, Shares Outstanding		225,569,631

Financing - Additional Information (Detail) $ in Millions	Apr. 07, 2026 USD ($)
New Revolving Credit Facility [Member] \| Subsequent Event [Member]
Debt Instrument [Line Items]
Aggregate principal amount outstanding	$ 300.0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

Background and Basis of Presentation (Policies)

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Basis of Presentation

The accompanying condensed consolidated financial statements are unaudited and reflect all adjustments of a normal, recurring nature that are, in the opinion of management, necessary for a fair presentation of the interim period financial statements. The results of operations for these interim periods are not necessarily indicative of the results of operations to be expected for any future period or the full fiscal year. Certain prior year amounts have been reclassified to conform to the current year presentation.

The unaudited interim condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) in the United States (U.S.) for interim financial information and are presented in accordance with the applicable requirements of Regulation S-X. Accordingly, these financial statements do not include all of the information and notes required by U.S. GAAP for complete financial statements. These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 (the 2025 Annual Report). The significant accounting policies followed by the Company are set forth in Note 2 within the Company’s audited consolidated financial statements included in the 2025 Annual Report. There were no material changes in the Company’s significant accounting policies during the three months ended March 31, 2026.

Concentrations of Risk and Related Party Transactions

Net sales to Comcast Corporation and affiliates (Comcast) accounted for approximately 39% and 21% of the Company’s total net sales during the three months ended March 31, 2026 and 2025, respectively. Net sales to TD Synnex Corporation (TD Synnex) accounted for 12% of the Company’s total net sales during the three months ended March 31, 2025. Other than Comcast and TD Synnex, no direct customer accounted for 10% or more of the Company’s net sales during the three months ended March 31, 2026 or 2025. Accounts receivable from Comcast and TD Synnex Corporation represented approximately 44% and 10%, respectively, of the Company’s accounts receivable as of March 31, 2026. Other than Comcast and TD Synnex, no direct customer accounted for 10% or more of the Company’s accounts receivable as of March 31, 2026. Comcast is a customer of the Aurora and RUCKUS segments, and TD Synnex is a customer of the RUCKUS segment.

The Company relies on sole suppliers or a limited group of suppliers for certain key components, subassemblies and modules and a limited group of contract manufacturers to manufacture a significant portion of its products. Any disruption or termination of these arrangements could have a material adverse impact on the Company’s results of operations.

Other than transactions related to the Series A Convertible Preferred Stock (Convertible Preferred Stock) through the redemption date and the Company’s continuing involvement with Vantiva SA (Vantiva) discussed in Note 2, there were no material related party transactions during the three months ended March 31, 2026.

Product Warranties

The Company recognizes a liability for the estimated claims that may be paid under its customer assurance-type warranty agreements to remedy potential deficiencies of quality or performance of the Company’s products. These product warranties extend over various periods, depending on the product subject to the warranty and the terms of the individual agreements. The Company records a provision for estimated future warranty claims as cost of sales based upon the historical relationship of warranty claims to sales and specifically identified warranty issues. The Company bases its estimates on assumptions that are believed to be reasonable under the circumstances and revises its estimates, as appropriate, when events or changes in circumstances indicate that revisions may be necessary. Such revisions may be material.

The following table summarizes the activity in the product warranty accrual, included in accrued and other liabilities and other noncurrent liabilities on the Condensed Consolidated Balance Sheets:


	Three Months Ended
	March 31,
	2026			2025
Product warranty accrual, beginning of period	$	18.2		$	14.3
Provision for warranty claims		1.8			4.7
Warranty claims paid		(1.7	)		(3.0	)
Product warranty accrual, end of period	$	18.3		$	16.0

Legal Proceedings

The Company is party to certain intellectual property claims and also periodically receives notices asserting that its products infringe on another party’s patents and other intellectual property rights. These claims and assertions, whether against the Company directly or against its customers, could require the Company to pay damages or royalties, stop offering the relevant products and/or cease other activities. The Company may also be called upon to indemnify certain customers for costs related to products sold to such customers. The outcome of these claims and notices is uncertain, and a reasonable estimate of the loss from unfavorable outcomes in certain of these matters either cannot be determined or is estimated at the minimum amount of a range of estimates. The actual loss, through settlement or trial, could be material and may vary significantly from the Company’s estimates. From time to time, the Company may also be involved as a plaintiff in certain intellectual property claims. Gain contingencies, if any, are recognized when they are realized.

The Company is also either a plaintiff or a defendant in certain other pending legal matters in the normal course of business. Management believes none of these other pending legal matters will have a material adverse effect on the Company’s business or financial condition upon final disposition.

The Company is subject to various federal, state, local and foreign laws and regulations governing the use, discharge, disposal and remediation of hazardous materials. Compliance with current laws and regulations has not had, and is not expected to have, a material adverse effect on the Company’s financial condition or results of operations.

Restricted Cash

As a result of the termination of the Company’s term loan, the Company collateralized its outstanding letters of credit with cash deposits held by the issuing banks. These deposits were restricted as to withdrawal and were not available for general corporate purposes until the related letters of credit were reduced, expired or otherwise terminated. As of March 31, 2026, restricted cash totaled $56.5 million, of which $11.4 million and $45.1 million were included in prepaid expenses and other current assets and other noncurrent assets, respectively, in the accompanying Condensed Consolidated Balance Sheets.

Subsequent to March 31, 2026, upon entering into the Company’s asset‑based revolving credit facility in April 2026, the Company satisfied the applicable collateral requirements for its outstanding letters of credit, and the related cash deposits were returned and the restrictions released.

Asset Impairments

Goodwill

Goodwill is tested for impairment annually or at other times if events have occurred or circumstances exist that indicate the carrying value of the reporting unit may exceed its fair value. There were no goodwill impairments identified during the three months ended March 31, 2026 or 2025.

As of the last annual impairment test on October 1, 2025, the implied fair value of the Aurora reporting unit exceeded its carrying amount by approximately 9%. Considering the low headroom going forward for the Aurora reporting unit, there is a risk for future impairment in the event of further declines in general economic, market or business conditions or any significant unfavorable change in the forecasted cash flows, weighted average cost of capital or growth rates. If current and long-term projections for the Aurora reporting unit are not realized or decrease materially, the Company may be required to recognize additional goodwill impairment charges, and these charges could be material to the results of operations.

Long-lived Assets

Long-lived assets, which include property, plant and equipment, intangible assets with finite lives and right of use assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable, based on the undiscounted cash flows expected to be derived from the use and ultimate disposition of the assets. Assets identified as impaired are adjusted to their estimated fair value. Equity investments without readily determinable fair values are evaluated each reporting period for impairment based on a qualitative assessment and are then measured at fair value if an impairment is determined to exist. Other than certain assets impaired as a result of restructuring actions and as part of discontinued operations, there were no definite-lived intangible or other long-lived asset impairments identified during the three months ended March 31, 2026 or 2025.

Income Taxes

For the three months ended March 31, 2026, the Company recognized an income tax benefit of $185.2 million on pretax income of $46.5 million. The Company’s income taxes were less than the statutory rate of 21.0% for the three months ended March 31, 2026, primarily due to $196.6 million of tax benefit recognized in the quarter associated with a tax planning strategy.

For the three months ended March 31, 2025, the Company recognized an income tax benefit of $357.5 million on a pretax loss of $16.4 million. The Company’s income taxes for the three months ended March 31, 2025, were favorably impacted by $361.1 million of tax benefit recognized in the quarter associated with a tax planning strategy, as well as the tax benefit related to federal tax credits. Offsetting these benefits were the unfavorable impacts of $29.6 million of an additional valuation allowance recorded in the quarter related to current year federal and state interest limitation carryforwards and U.S. anti-deferral provisions.

Earnings (Loss) Per Share

Basic earnings (loss) per share (EPS) from continuing operations is computed by dividing income (loss) from continuing operations, less any dividends and deemed dividends related to the Convertible Preferred Stock, by the weighted average number of common shares outstanding during the period. The numerator in diluted EPS from continuing operations is based on the basic EPS from continuing operations numerator, adjusted to add back any dividends and deemed dividends related to the Convertible Preferred Stock, subject to antidilution requirements. The denominator used in diluted EPS from continuing operations is based on the basic EPS computation plus the effect of potentially dilutive common shares related to the Convertible Preferred Stock and equity-based compensation plans, subject to antidilution requirements.

Basic EPS from discontinued operations is computed by dividing income (loss) from discontinued operations, net of income taxes, by the weighted average number of common shares outstanding during the period. The numerator in diluted EPS from discontinued operations is the same as the basic EPS from discontinued operations numerator. The denominator used in diluted EPS from discontinued operations is based on the basic EPS computation plus the effect of potentially dilutive common shares related to the Convertible Preferred Stock and equity-based compensation plans, subject to antidilution requirements.

For the three months ended March 31, 2026 and 2025, 2.6 million and 7.7 million, respectively, of outstanding equity-based compensation awards were not included in the computation of diluted EPS because the effect was antidilutive or the performance conditions were not met.

The following table presents the basis for the EPS computations (in millions, except per share data):


	March 31,
	2026			2025
Numerator:
Income from continuing operations	$	231.7		$	341.1
Income from discontinued operations, net of tax		5,276.3			442.9
Net income	$	5,508.0		$	784.0
Dividends on Series A convertible preferred stock		(1.7	)		(16.9	)
Net income attributable to common stockholders	$	5,506.3		$	767.1

Denominator:
Weighted average common shares outstanding – basic		225.2			216.3
Dilutive effect of equity-based awards		8.0			11.0
Dilutive effect of as-if converted Series A convertible preferred stock		4.7			44.6
Weighted average common shares outstanding – diluted		237.9			271.9

Basic:
Earnings from continuing operations per share	$	1.02		$	1.50
Earnings from discontinued operations per share		23.43			2.05
Earnings per share	$	24.45		$	3.55

Diluted:
Earnings from continuing operations per share	$	0.97		$	1.25
Earnings from discontinued operations per share		22.18			1.63
Earnings per share	$	23.15		$	2.88

Recent Accounting Pronouncements

Adopted During the Three Months Ended March 31, 2026

In July 2025, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. The new guidance is expected to provide decision-useful information to investors and other financial statement users while reducing the time and effort necessary to analyze and estimate credit losses for current accounts receivable and current contract assets. The amendments in this update introduce a practical expedient when applying the guidance related to the estimation of expected credit losses for current accounts receivable and current contract assets resulting from transactions arising from contracts with customers. The guidance is effective for the Company on a prospective basis, beginning January 1, 2026 for the interim and annual periods. The Company has elected to apply this practical expedient to determine expected credit losses for current accounts receivable and contract assets, assuming conditions as of the balance sheet date do not change for the remaining life of the asset. The adoption of ASU 2025-05 did not have a material impact on the Company’s condensed consolidated financial statements or disclosures.

Issued but Not Adopted

In December 2025, the FASB issued ASU No. 2025-12, Codification Improvements. The new guidance addresses various technical corrections, clarifications, and minor improvements to the ASC. The ASU addresses 33 issues, primarily clarifying existing guidance, correcting errors, or making minor improvements to enhance the understandability and application of the ASC. The amendments are varied in nature and may impact the application of guidance in areas where the original guidance was unclear. The guidance is effective for the Company beginning January 1, 2027 for the interim and annual reporting periods. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on the condensed consolidated financial statements.

In December 2025, the FASB issued ASU No. 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements. The new guidance aims to enhance the clarity and navigability of guidance related to interim disclosures. This guidance clarifies when the guidance in ASC Topic 270 is applicable and specifies the disclosures required during interim reporting periods. The amendments clarify that ASC Topic 270 applies to all entities that provide interim financial statements and notes in accordance with generally accepted accounting principles (GAAP). The ASU provides a comprehensive list of interim disclosures required by GAAP, which is intended to improve efficiency in using the ASC. This list clarifies existing requirements and does not aim to expand or reduce current interim disclosure obligations. The guidance is effective for the Company beginning January 1, 2028 for the interim and annual reporting periods. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on the condensed consolidated financial statements.

In December 2025, the FASB issued ASU No. 2025-10, Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities. The new guidance establishes authoritative guidance for business entities on the recognition, measurement, and presentation of government grants defined as a transfer of a monetary asset or tangible non-monetary asset, other than an exchange transaction, from a government to a business entity. The guidance is effective for the Company beginning January 1, 2029 for the interim and annual reporting periods. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on the condensed consolidated financial statements.

In November 2025, the FASB issued ASU No. 2025-09, Derivatives and Hedging (Topic 815): Hedge Accounting Improvements. The new guidance clarifies certain aspects of hedge accounting guidance and addresses incremental hedge accounting issues arising from the global reference rate reform initiative. The ASU aims to align hedge accounting more closely with the economics of an entity’s risk management activities, enabling entities to achieve and maintain hedge accounting for highly effective economic hedges of forecasted transactions. The guidance is effective for the Company beginning January 1, 2027 for the interim and annual reporting periods. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on the condensed consolidated financial statements.

In September 2025, the FASB issued ASU No. 2025-07, Derivatives and Hedging (Topic 815) and Revenue from Contracts with Customers (Topic 606): Derivatives Scope Refinements and Scope Clarification for Share-Based Noncash Consideration from a Customer in a Revenue Contract. The new guidance refines the scope of Topic 815 by providing clarification regarding the contracts subject to derivative accounting. The guidance also provides clarification under Topic 606 for share-based payments from a customer in a revenue contract. The guidance is effective for the Company on a prospective or modified retrospective basis, beginning January 1, 2027 for the interim and annual periods. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on the condensed consolidated financial statements.

In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. The new guidance modernizes the accounting for software costs and provides the following criteria for capitalization of software costs: (1) management has authorized and committed to funding the software project; and (2) it is probable that the project will be completed and the software will be used to perform the function intended. The guidance is effective for the Company on a prospective, modified prospective or retrospective basis, beginning January 1, 2028 for the interim and annual periods. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on the condensed consolidated financial statements.

In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date. The new guidance improves disclosures for expenses of public entities and addresses requests from investors for more detailed information about the types of expenses in commonly presented expense captions. Coupled with recent standards that enhanced the disaggregation of revenue and income tax information, the disaggregated expense information required by these amendments will enable investors to better understand the major components of an entity’s income statement. The guidance is effective for the Company on a prospective or retrospective basis, as of January 1, 2027 for the annual period. Early adoption is permitted. As this ASU relates to disclosures only, there will be no impact to the Company’s results of operations and financial condition.

Segments and Geographic Information - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Segment Reporting Information [Line Items]
Inventory, Net	$ 336.9		$ 310.4
Corporate and other assets			36.3
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]	srt:ChiefExecutiveOfficerMember
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description	The Company’s measurement of segment performance is adjusted EBITDA (earnings before interest, income taxes, depreciation and amortization). The Company defines adjusted EBITDA as operating income (loss), adjusted to exclude depreciation, amortization of intangible assets, restructuring costs, asset impairments, equity-based compensation, transaction, transformation and integration costs and other items that the Company believes are useful to exclude in the evaluation of operating performance from period to period because these items are not representative of the Company’s recurring business.
OWN and Distributed Antenna Systems business unit of NICS segment [Member]
Segment Reporting Information [Line Items]
Inventory, Net	$ 7.0		16.6
Passive Optical Network [ Member]
Segment Reporting Information [Line Items]
Inventory, Net	$ 4.1		$ 4.4
Non-US [Member] \| Sales Revenue, Net [Member] \| Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Concentration risk percentage	30.50%	32.00%

Supplemental Financial Statement Information (Tables)

3 Months Ended

Mar. 31, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Inventories


	March 31, 2026		December 31, 2025
Raw materials	$	134.2	$	133.7
Work in process		41.6		38.1
Finished goods		161.1		138.6
Total inventories, net	$	336.9	$	310.4

Accrued and Other Liabilities


	March 31, 2026		December 31, 2025
Deferred revenue	$	122.4	$	106.5
Compensation and employee benefit liabilities		60.2		162.7
Product warranty accrual		16.7		16.4
Operating lease liabilities		14.1		13.9
Other		120.6		198.8
Total accrued and other liabilities	$	334.0	$	498.3

Operating Lease Information


	Balance Sheet Location	March 31, 2026		December 31, 2025
Right of use assets	Other noncurrent assets	$	51.1	$	57.1

Lease liabilities – current	Accrued and other liabilities	$	14.1	$	13.9
Lease liabilities – noncurrent	Other noncurrent liabilities		51.9		55.5
Total lease liabilities		$	66.0	$	69.4

Changes in Accumulated Other Comprehensive Loss, Net of Tax

The following table presents changes in AOCI (AOCL), net of tax:



	March 31,
	2026			2025
Foreign currency translation
Balance at beginning of period	$	(81.6	)	$	(308.8	)
Other comprehensive income (loss)		(6.5	)		38.4
Amounts reclassified from AOCL		88.7			97.9
Balance at end of period	$	0.6		$	(172.5	)

Defined benefit plan activity
Balance at beginning of period	$	(18.7	)	$	(15.5	)
Other comprehensive income		0.1			—
Amounts reclassified from AOCL		19.1			—
Balance at end of period	$	0.5		$	(15.5	)

Hedging instruments
Balance at beginning of period	$	(18.4	)	$	(20.2	)
Other comprehensive loss		—			(1.4	)
Amounts reclassified from AOCL		18.4			—
Balance at end of period	$	—		$	(21.6	)
Net AOCI (AOCL) at end of period	$	1.1		$	(209.6	)

Cash Flow Information


	March 31,
	2026		2025
Cash paid during the period for:
Income taxes, net of refunds	$	13.9	$	20.5
Interest		105.1		222.0

Supplemental Financial Statement Information - Inventories (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Inventory Disclosure [Abstract]
Raw materials	$ 134.2	$ 133.7
Work in process	41.6	38.1
Finished goods	161.1	138.6
Total inventories, net	$ 336.9	$ 310.4

Supplemental Financial Statement Information - Changes in Accumulated Other Comprehensive Loss, Net of Tax (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (1,004.1)
Ending balance	4,594.5	$ (2,548.2)
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(81.6)	(308.8)
Other comprehensive income (loss)	(6.5)	38.4
Amounts reclassified from AOCL	88.7	97.9
Ending balance	0.6	(172.5)
Defined Benefit Plan Activity [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(18.7)	(15.5)
Other comprehensive income (loss)	0.1	0.0
Amounts reclassified from AOCL	19.1	0.0
Ending balance	0.5	(15.5)
Hedging Instruments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(18.4)	(20.2)
Other comprehensive income (loss)	0.0	(1.4)
Amounts reclassified from AOCL	18.4	0.0
Ending balance	0.0	(21.6)
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(118.7)	(344.5)
Ending balance	$ 1.1	$ (209.6)

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

+ Details

- Definition

Amount after tax, before reclassification adjustments of other comprehensive income (loss).

+ References

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- Definition

Amount after tax of reclassification adjustments of other comprehensive income (loss).

+ References

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- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

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+ Details

Background and Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Summary of Activity in Product Warranty Accrual, Included in Accrued and Other Liabilities and Other Noncurrent Liabilities on the Condensed Consolidated Balance Sheets

The following table summarizes the activity in the product warranty accrual, included in accrued and other liabilities and other noncurrent liabilities on the Condensed Consolidated Balance Sheets:


	Three Months Ended
	March 31,
	2026			2025
Product warranty accrual, beginning of period	$	18.2		$	14.3
Provision for warranty claims		1.8			4.7
Warranty claims paid		(1.7	)		(3.0	)
Product warranty accrual, end of period	$	18.3		$	16.0

Summary of EPS, Weighted Average Common Shares and Potential Common Shares Outstanding

The following table presents the basis for the EPS computations (in millions, except per share data):


	March 31,
	2026			2025
Numerator:
Income from continuing operations	$	231.7		$	341.1
Income from discontinued operations, net of tax		5,276.3			442.9
Net income	$	5,508.0		$	784.0
Dividends on Series A convertible preferred stock		(1.7	)		(16.9	)
Net income attributable to common stockholders	$	5,506.3		$	767.1

Denominator:
Weighted average common shares outstanding – basic		225.2			216.3
Dilutive effect of equity-based awards		8.0			11.0
Dilutive effect of as-if converted Series A convertible preferred stock		4.7			44.6
Weighted average common shares outstanding – diluted		237.9			271.9

Basic:
Earnings from continuing operations per share	$	1.02		$	1.50
Earnings from discontinued operations per share		23.43			2.05
Earnings per share	$	24.45		$	3.55

Diluted:
Earnings from continuing operations per share	$	0.97		$	1.25
Earnings from discontinued operations per share		22.18			1.63
Earnings per share	$	23.15		$	2.88

Divestitures - Additional Information (Detail) - USD ($) $ in Millions			3 Months Ended
	Jan. 09, 2026	Jan. 31, 2025	Mar. 31, 2026	Mar. 31, 2025	Dec. 17, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Write-off of debt issuance cost			$ 101.3
Loss on extinguishment of debt			11.3
Convertible of stock price, percentage	100.00%
Convertible Preferred Stock redeemed	$ 1,300.0
Gain (loss) on disposal, net of income taxes			7,007.9	$ 869.7
Transition service agreement income			1.1	8.7
Transition service agreement incurred costs			4.0
2029 Term Loan \| Revolving Credit Agreement [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate principal amount outstanding					$ 3,150.0
2029 Term Loan \| Term Loan Credit Agreement
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate principal amount outstanding					$ 750.0
2029 Secured Notes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate principal amount outstanding	951.0
2028 Notes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate principal amount outstanding	641.6
8.25% 2027 Notes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate principal amount outstanding	$ 866.9
Interest rate	8.25%
5.00% 2027 Notes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate principal amount outstanding	$ 1,000.0
Interest rate	5.00%
2031 Secured Notes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Aggregate principal amount outstanding	$ 750.0
OWN and Distributed Antenna Systems business unit of NICS segment [Member] \| Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net cash consideration		$ 2,000.0
Transaction expenses		9.1
Cash and cash equivalents		83.2
Gain (loss) on disposal, net of income taxes		$ 498.2
Vantiva [Member] \| Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Transition service agreement income				1.6
Amphenol [Member] \| Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net cash consideration	10,500.0
Transaction expenses	81.3
Cash and cash equivalents	$ 204.4
Gain (loss) on disposal, net of income taxes			5,400.0
Transition service agreement income			1.1	7.1
Amphenol [Member] \| OWN and Distributed Antenna Systems business unit of NICS segment [Member] \| Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues			$ (0.2)	$ 1.6

Divestitures

3 Months Ended

Mar. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

Divestitures

2. DIVESTITURES

CCS Segment:

On January 9, 2026, the Company completed the previously announced sale of the CCS segment to Amphenol Corporation (Amphenol), a Delaware corporation, pursuant to the Purchase Agreement dated August 3, 2025, in exchange for net cash consideration of $10.5 billion. The proceeds are net of $81.3 million of transaction expenses and $204.4 million of cash included in the assets sold. The CCS segment provides wired infrastructure for data centers, enterprises and service providers on a global scale.

The CCS segment met the “held for sale” criteria per ASC 360-10 in the fourth quarter of 2025, and the Company determined, qualitatively and quantitatively, that this transaction represented a strategic shift that would have a major effect on its operations and financial results. As such, the results of operations directly attributable to the CCS segment have been reclassified to discontinued operations per ASC 205-20 on the Condensed Consolidated Statements of Operations, retrospectively for all periods presented beginning in the fourth quarter of 2025. In addition, all assets and liabilities of the CCS segment were classified as assets and liabilities held for sale on the Condensed Consolidated Balance Sheets as of December 31, 2025. Upon the closing of the transaction, the Company recognized a gain of $5.4 billion on the disposal of the CCS segment, which is included in income (loss) from discontinued operations, net of income taxes, on the Condensed Consolidated Statements of Operations for the three months ended March 31, 2026.

In connection with the transaction, on the closing date, the Company repaid in full all outstanding indebtedness using a portion of the proceeds from the transaction and terminated all outstanding commitments under each of its then-existing (x) revolving credit agreement, dated as of April 4, 2019 (as amended, the Prior Revolving Credit Agreement), which provided for a senior secured asset-based revolving credit facility in an aggregate principal amount of up to $750.0 million (the Prior Revolving Credit Facility), and (y) term loan credit agreement, dated as of December 17, 2024 (as amended, the Prior Term Loan Credit Agreement), which provided for a senior secured term loan credit facility (the 2029 Term Loan) in an aggregate outstanding principal amount of $3,150 million. Also, the Company satisfied and discharged the indentures governing the (1) $1,000.0 million in outstanding aggregate principal amount of the 2031 Secured Notes, (2) $951.0 million in outstanding aggregate principal amount of the 2029 Secured Notes, (3) $641.6 million in outstanding aggregate principal amount of the 2028 Notes, (4) $866.9 million in outstanding aggregate principal amount of the 8.25% 2027 Notes and (5) $750.0 million in outstanding aggregate principal amount of the 5.00% 2027 Notes (collectively, the Notes). On the closing date of the transaction, notices of full redemption were issued to holders of all of the outstanding Notes, calling all outstanding Notes for redemption on January 26, 2026 using a portion of the proceeds from the transaction, and all outstanding Notes were redeemed on January 26, 2026. The Company subsequently wrote-off $101.3 million of unamortized debt issuance costs and original issuance discount associated with the debt redemption which were recorded in interest expense within income (loss) from discontinued operations, net of income taxes, on the Condensed Consolidated Statements of Operations for the three months ended March 31, 2026. The Company also recorded a loss of $11.3 million on the extinguishment of debt which was recorded in other expense within income (loss) from discontinued operations, net of income taxes, on the Condensed Consolidated Statements of Operations for the three months ended March 31, 2026.

In addition, on the closing date of the transaction, the Company redeemed 100% of the Convertible Preferred Stock for $1.3 billion of cash in accordance with the terms of the Certificate of Designations. Simultaneously with the consummation of the redemption, the Investment Agreement, dated as of November 8, 2018, by and among the Company and Carlyle Partners VII S1 Holdings, L.P. (Carlyle) pursuant to which such Convertible Preferred Stock was initially purchased, and all rights and obligations of the parties under the Investment Agreement, were terminated.

In connection with the transaction, the Company entered into a Transition Service Agreement (Amphenol TSA) (as described below under “Transition Service Agreements”).

OWN Segment and DAS business unit:

In January 2025, the Company completed the sale of the OWN segment and the DAS business unit to Amphenol, pursuant to the Purchase Agreement dated July 18, 2024, in exchange for net cash consideration of $2.0 billion. The proceeds are net of $9.1 million of transaction expenses and $83.2 million of cash included in the assets sold.

The OWN segment and DAS business unit met the “held for sale” criteria per ASC 360-10 in the third quarter of 2024, and the Company determined, qualitatively and quantitatively, that this transaction represented a strategic shift that would have a major effect on the Company’s operations and financial results. As such, the results of operations directly attributable to the OWN segment and DAS business unit have been reclassified to discontinued operations per ASC 205-20 on the Condensed Consolidated Statements of Operations, retrospectively for all periods presented beginning in the third quarter of 2024. Upon the closing of the transaction on January 31, 2025, the Company recognized a gain of $498.2 million on the disposal of the OWN segment and DAS business unit, which is included in income (loss) from discontinued operations, net of income taxes, on the Condensed Consolidated Statements of Operations for the three months ended March 31, 2025.

In connection with the transaction, the Company entered into several contractual arrangements with Amphenol, including the Amphenol TSA (as described below under “Transition Service Agreements”), Manufacturing Supply Agreement (Amphenol MSA), Sales and Supply Agreement and a Master Professional Services Agreement.

Under the Amphenol MSA, the Company continues to manufacture and supply certain products to the divested business. Under the terms of the Amphenol MSA, the Company was obligated to provide manufacturing services for a period of up to twelve months following the closing date of the transaction, unless earlier terminated by the parties. The agreement was entered into to facilitate the operational transition and ensure continuity of supply for Amphenol’s customers. Pursuant to the Amphenol MSA, the Company acquired components directly from Amphenol and was also responsible for procuring certain components from suppliers for the manufacturing of finished goods at the direction of Amphenol. As the Company does not obtain control of these components before they were transferred to Amphenol, the Company accounts for revenue associated with such components on a net basis. For the three months ended March 31, 2026 and 2025, the Company recognized net revenues of $(0.2) million and $1.6 million under the Amphenol MSA presented within income (loss) from discontinued operations, net of income taxes, on the Condensed Consolidated Statements of Operations.

The Sales and Supply Agreement and Master Professional Services Agreement, enable the companies to act as both a buyer and seller of each other’s products and services in instances where those offerings might be integral to the Company’s remaining operations. The Sales and Supply Agreement is effective for a term of thirty-six months and the Master Professional Services Agreement term is indefinite, unless either of the agreements are terminated early. The Company has evaluated these arrangements and concluded that while they represent ongoing business activity, they do not constitute a continuation of the disposed business. Accordingly, revenues and expenses generated from these agreements are presented within income (loss) from continuing operations on the Condensed Consolidated Statements of Operations.

Home Networks business:

The Company completed the sale of the Home business to Vantiva SA (Vantiva) in January 2024. The Home business qualified as “held for sale” per ASC 360-10 in the fourth quarter of 2023 and was classified as a discontinued operation per ASC 205-20, as the Company determined, qualitatively and quantitatively, that this transaction represented a strategic shift that would have a major effect on the Company’s operations and financial results.

Following the closing of the transaction, the Company entered into a Transition Service Agreement (Vantiva TSA), whereby the Company provided and received certain post-closing support on a transitional basis (as described below under “Transition Service Agreements”), and a Supply Agreement with Vantiva (Vantiva Supply Agreement), whereby the Company sold certain retained inventory at cost, or market price if below cost, for a period of two years.

The following table presents the summarized components of income (loss) from discontinued operations, net of income taxes, for the three months ended March 31, 2026 and 2025:


	CCS						OWN						DAS					Home					Total
	2026			2025			2026			2025			2026		2025			2026		2025			2026			2025
Net sales	$	87.4		$	724.1		$	(0.2	)	$	86.9		$	—	$	11.7		$	—	$	4.2		$	87.2		$	826.9
Cost of sales		59.2			453.1			—			49.8			—		10.0			—		4.3			59.2			517.2
Gross profit (loss)		28.2			271.0			(0.2	)		37.1			—		1.7			—		(0.1	)		28.0			309.7

Operating expenses:
Selling, general and administrative		7.5			85.3			—			15.5			—		3.7			—		(2.6	)		7.5			101.9
Research and development		1.9			17.7			—			3.1			—		3.0			—		—			1.9			23.8
Amortization of purchased intangible assets		—			17.7			—			—			—		—			—		—			—			17.7
Restructuring costs, net		0.1			—			—			—			—		—			—		—			0.1			—
Total operating expenses		9.5			120.7			—			18.6			—		6.7			—		(2.6	)		9.5			143.4
Operating income (loss)		18.7			150.3			(0.2	)		18.5			—		(5.0	)		—		2.5			18.5			166.3
Interest expense (1)		(129.1	)		(173.7	)		—			—			—		—			—		—			(129.1	)		(173.7	)
Other expense, net (2)		(11.4	)		(4.6	)		—			(1.0	)		—		—			—		—			(11.4	)		(5.6	)
Income (loss) from operations of discontinued businesses before income taxes		(121.8	)		(28.0	)		(0.2	)		17.5			—		(5.0	)		—		2.5			(122.0	)		(13.0	)
Gain (loss) on disposal of discontinued operations before income taxes		7,007.9			—			—			869.7			—		—			—		—			7,007.9			869.7
Income tax (expense) benefit		(1,609.6	)		(23.4	)		—			(391.0	)		—		1.2			—		(0.6	)		(1,609.6	)		(413.8	)
Income (loss) from discontinued operations, net of income taxes	$	5,276.5		$	(51.4	)	$	(0.2	)	$	496.2		$	—	$	(3.8	)	$	—	$	1.9		$	5,276.3		$	442.9

(1)

(2)

Other expense, net includes a loss of $11.3 million on the extinguishment of debt, for the three months ended March 31, 2026, associated with the divestiture of the CCS segment.

The following table presents balance sheet information for assets and liabilities held for sale related to the discontinued operations:


	December 31, 2025
Cash and cash equivalents	$	168.4
Accounts receivable, net		626.5
Inventories, net		512.4
Prepaid expenses and other current assets		76.5
Property, plant, and equipment, net		293.4
Goodwill		2,160.6
Other intangible assets, net		186.0
Deferred income taxes		107.0
Other assets		193.7
Total current assets held for sale	$	4,324.5

Accounts payable	$	422.2
Accrued and other liabilities		339.6
Deferred income taxes		22.2
Total current liabilities held for sale	$	784.0

The following table presents the details of the gain on disposal of the CCS segment and the OWN segment and DAS business unit, collectively:


	CCS			OWN/DAS
	January 9, 2026			January 31, 2025
Cash consideration received (net of cash acquired)	$	10,541.7		$	2,034.5
Transaction expense		(81.3	)		(9.1	)
Total disposal consideration		10,460.4			2,025.4
Carrying value of net assets sold		(3,326.1	)		(1,057.8	)
Gain on disposal before income taxes and reclassification of foreign currency translation and other		7,134.3			967.6
Reclassification of foreign currency translation and other (1)		(126.4	)		(97.9	)
Gain on disposal before income taxes		7,007.9			869.7
Income tax expense		(1,652.9	)		(386.6	)
Gain on disposal, net of income taxes	$	5,355.0		$	483.1

(1)

The cash flows related to discontinued operations have not been segregated on the Condensed Consolidated Statements of Cash Flows, and accordingly, they include the results from continuing and discontinued operations. The following table summarizes the Company’s cash inflows related to the ongoing activities of the discontinued operations, including the Amphenol and Vantiva TSAs, as described below, and inventory sales resulting from the Amphenol MSA and Vantiva Supply Agreement, as described above:


	Three Months Ended
	March 31,
	2026		2025
Amphenol MSA inventory sales	$	5.5	$	1.2
Vantiva Supply Agreement and other inventory sales		—		4.3
Vantiva TSA fees		—		2.8

The following table summarizes significant non-cash operating items of the discontinued operations included on the Condensed Consolidated Statements of Cash Flows:


	Three Months Ended
	March 31,
	2026		2025
Gain on disposal of discontinued operations	$	7,007.9	$	869.7
Depreciation and amortization		0.1		30.0
Additions to property, plant and equipment		1.1		13.1
Equity-based compensation		0.3		1.8

Transition Service Agreements

In conjunction with the closing of the sale of the OWN segment and DAS business unit, the Company entered into the Amphenol TSA. The terms of the Amphenol TSA vary based on the services provided thereunder and provide options to extend services for up to two renewal terms of three months each. Subsequent to the closing of the sale of the CCS segment, the Company extended the Amphenol TSA, including a reverse TSA for which the Company receives specified transition services from Amphenol for a defined transition period, with the ability to continue certain services for limited additional periods in accordance with the applicable services schedules. The Company is responsible for fees and related third‑party costs incurred in connection with the provision of such services, including applicable taxes, and may incur incremental costs if services are continued beyond the initial transition period. For the three months ended March 31, 2026 and 2025, the Company recognized income of $1.1 million and $7.1 million, respectively, under the Amphenol TSA. For the three months ended March 31, 2025, the Company recognized income of $1.6 million under the Vantiva TSA. TSA income is included in transition service agreement income within income (loss) from continuing operations on the Condensed Consolidated Statements of Operations. For the three months ended March 31, 2026, the Company incurred costs of $4.0 million under the reverse TSA, which is primarily included in selling, general and administrative expenses within income (loss) from continuing operations on the Condensed Consolidated Statements of Operations.

Segments and Geographic Information - Summary of Net Sales, Cost of Sales, Total Operating Expenses, Adjusted EBITDA, Depreciation Expense and Additions to PP&E by Reportable Segment (Detail) - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2026

Mar. 31, 2025

Sep. 30, 2024

Segment Reporting Information [Line Items]

Net sales

$ 471.8

$ 388.1

Segment cost of sales

238.1

190.5

Segment operating expenses

211.1

222.6

Segment adjusted EBITDA

87.3

47.2

Amortization of intangible assets

(34.1)

(36.3)

Restructuring costs (credits), net

(9.6)

(11.2)

Equity-based compensation

(5.5)

(7.5)

Transaction, transformation and integration costs

(10.7)

(4.3)

Depreciation

(3.9)

(6.1)

Operating income (loss)

23.7

(16.3)

Other income (expense), net

22.8

(0.1)

Income (loss) from continuing operations before income taxes

46.5

(16.4)

Additions to property, plant and equipment

1.1

$ 2.4

Continuing Operations [Member]

Segment Reporting Information [Line Items]

Equity-based compensation

(5.3)

(5.6)

RUCKUS [Member]

Segment Reporting Information [Line Items]

Net sales

173.4

163.1

Segment cost of sales

56.1

62.0

Segment operating expenses

81.1

77.5

Segment adjusted EBITDA

37.0

24.9

Restructuring costs (credits), net

(4.5)

(1.6)

Depreciation

(0.8)

(1.3)

Additions to property, plant and equipment

0.3

0.1

Aurora [Member]

Segment Reporting Information [Line Items]

Net sales

298.4

225.0

Segment cost of sales

181.8

127.3

Segment operating expenses

69.4

63.4

Segment adjusted EBITDA

50.3

38.2

Restructuring costs (credits), net

(5.1)

(8.4)

Depreciation

(3.1)

(3.9)

Additions to property, plant and equipment

0.8

1.2

Corporate and Other [Member]

Segment Reporting Information [Line Items]

Net sales

^[1]

0.0

Segment cost of sales

^[1]

1.0

Segment operating expenses

^[1]

15.8

Segment adjusted EBITDA

^[1]

(15.9)

Restructuring costs (credits), net

$ 0.0

(1.2)

Depreciation

^[1]

(0.9)

Additions to property, plant and equipment

^[1]

$ 1.1

[1]

Restructuring Costs - Summary of Company's Net Pretax Restructuring Costs (Credits), Net (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	$ 9.6	$ 11.2
RUCKUS [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	4.5	1.6
Aurora [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	5.1	8.4
Corporate and Other [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	$ 0.0	$ 1.2

- Definition

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.

+ References + Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Restructuring Costs - Restructuring Liabilities Included in Company's Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Restructuring Cost and Reserve [Line Items]
Total restructuring liabilities	$ 7.7	$ 4.2
Accrued and Other Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities	7.1	3.9
Other Noncurrent Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, non-current	$ 0.6	$ 0.3

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Income Statement [Abstract]
Net sales	$ 471.8	$ 388.1
Cost of sales	238.1	190.5
Gross profit	233.7	197.6
Transition service agreement income	1.1	8.7
Operating expenses:
Selling, general and administrative	109.2	108.9
Research and development	58.2	66.2
Amortization of purchased intangible assets	34.1	36.3
Restructuring costs, net	9.6	11.2
Total operating expenses	211.1	222.6
Operating income (loss)	23.7	(16.3)
Other income (expense), net	2.1	(4.5)
Interest income	20.7	4.4
Income (loss) from continuing operations before income taxes	46.5	(16.4)
Income tax benefit	185.2	357.5
Income from continuing operations	231.7	341.1
Income from discontinued operations, net of income tax expense of $1,609.6 and $413.8, respectively	5,276.3	442.9
Net income	5,508.0	784.0
Series A convertible preferred stock dividends	(1.7)	(16.9)
Net income attributable to common stockholders	$ 5,506.3	$ 767.1
Basic:
Earnings from continuing operations per share	$ 1.02	$ 1.5
Earnings from discontinued operations per share	23.43	2.05
Earnings per share	24.45	3.55
Diluted:
Earnings (loss) from continuing operations per share	0.97	1.25
Earnings from discontinued operations per share	22.18	1.63
Earnings per share	$ 23.15	$ 2.88
Weighted average shares outstanding:
Basic	225.2	216.3
Diluted	237.9	271.9

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member] - USD ($) $ / shares in Units, $ in Millions	Apr. 29, 2026	Apr. 07, 2026
Subsequent Event [Line Items]
Cash distribution declared per share		$ 10
Share repurchase program, authorized amount	$ 100.0
RUCKUS [Member] \| Belden Inc. [Member]
Subsequent Event [Line Items]
Net cash consideration	1,846.0
Transaction related expenses and taxes	$ 150.0
S2026Dividends [Member]
Subsequent Event [Line Items]
Dividend declared date		Apr. 07, 2026
Dividend record date		Apr. 17, 2026
Dividend date to be paid		Apr. 27, 2026
New Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Aggregate principal amount outstanding		$ 300.0
New Revolving Credit Facility [Member] \| Letters of Credit [Member]
Subsequent Event [Line Items]
Aggregate principal amount outstanding		$ 100.0

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Comprehensive income:
Net income	$ 5,508.0	$ 784.0
Other comprehensive income, net of tax:
Foreign currency translation gain, net of reclassifications to net income	82.2	136.3
Pension and other postretirement benefit activity	19.2	0.0
Gain (loss) on hedging instruments	18.4	(1.4)
Total other comprehensive income, net of tax	119.8	134.9
Total comprehensive income	$ 5,627.8	$ 918.9

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 45
-Paragraph 17
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-URI https://asc.fasb.org/1943274/2147481694/830-30-45-17

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
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Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
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-URI https://asc.fasb.org/1943274/2147482765/220-10-50-5

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-Section 45
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-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 2
-Subparagraph (SX 210.5-03(21))
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 1
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
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-Section 45
-Paragraph 1A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

+ Details

Financing

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Financing

5. FINANCING


	March 31, 2026		December 31, 2025
7.125% senior notes due July 2028	$	—	$	641.6
5.00% senior notes due March 2027		—		750.0
8.25% senior notes due March 2027		—		866.9
9.50% senior secured notes due December 2031		—		1,000.0
4.75% senior secured notes due September 2029		—		1,250.0
6.00% senior secured notes due March 2026		—		1,500.0
Senior secured term loan due December 2029		—		3,150.0
Senior secured revolving credit facility		—		200.0
Total principal amount of debt		—		7,359.5
Less: Original issue discount, net of amortization		—		(51.9	)
Less: Debt issuance costs, net of amortization		—		(47.4	)
Less: Current portion		—		—
Total long-term debt	$	—	$	7,260.2

In connection with the sale of the CCS segment that was completed on January 9, 2026, the Company repaid in full all outstanding indebtedness. For further discussion of the debt repayment and the divestiture of the CCS segment, see Note 2 in these condensed consolidated financial statements.

In addition, on April 7, 2026, the Company entered into a revolving credit agreement providing for a senior secured asset-based revolving credit facility (the New Revolving Credit Facility) available to the Company and certain of its U.S. subsidiaries designated as co-borrowers therein, in an aggregate principal amount of up to $300.0 million, subject to borrowing base availability. See Note 8 for further discussion of the New Revolving Credit Facility.

Revenue From Contracts With Customers

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Revenue From Contracts With Customers

3. REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregated Net Sales

See Note 6 for the presentation of net sales by segment and geographic region.

Allowance for Doubtful Accounts


	Three Months Ended
	March 31,
	2026			2025
Allowance for doubtful accounts, beginning of period	$	1.6		$	1.6
Provision (benefit)		(0.9	)		0.5
Foreign exchange and other		—			0.2
Allowance for doubtful accounts, end of period	$	0.7		$	2.3

Customer Contract Balances

The following table provides the balance sheet location and amounts of contract assets, or unbilled accounts receivable, and contract liabilities, or deferred revenue, from contracts with customers:


Contract Balance Type	Balance Sheet Location	March 31, 2026		December 31, 2025
Unbilled accounts receivable	Accounts receivable, net of allowance for doubtful accounts	$	4.3	$	9.4

Deferred revenue – current	Accrued and other liabilities	$	122.4	$	106.5
Deferred revenue – noncurrent	Other noncurrent liabilities		99.9		93.7
Total contract liabilities		$	222.3	$	200.2

There were no material changes to contract asset balances for the three months ended March 31, 2026 as a result of changes in estimates or impairments. The change in the contract liability balance from December 31, 2025 to March 31, 2026 was primarily due to upfront support billings to be recognized over the support term. During the three months ended March 31, 2026, the Company

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-15

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
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-URI https://asc.fasb.org/606/tableOfContent

+ Details

Revenue From Contracts With Customers (Tables)

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Allowance for Doubtful Accounts


	Three Months Ended
	March 31,
	2026			2025
Allowance for doubtful accounts, beginning of period	$	1.6		$	1.6
Provision (benefit)		(0.9	)		0.5
Foreign exchange and other		—			0.2
Allowance for doubtful accounts, end of period	$	0.7		$	2.3

Summary of the Balance Sheet Location and Amounts of Contract Assets and Liabilities from Contracts with Customers

The following table provides the balance sheet location and amounts of contract assets, or unbilled accounts receivable, and contract liabilities, or deferred revenue, from contracts with customers:


Contract Balance Type	Balance Sheet Location	March 31, 2026		December 31, 2025
Unbilled accounts receivable	Accounts receivable, net of allowance for doubtful accounts	$	4.3	$	9.4

Deferred revenue – current	Accrued and other liabilities	$	122.4	$	106.5
Deferred revenue – noncurrent	Other noncurrent liabilities		99.9		93.7
Total contract liabilities		$	222.3	$	200.2

Goodwill - Goodwill by Reportable Segment (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Goodwill [Line Items]
Goodwill, net	$ 764.6	$ 764.6

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A

+ Details

Divestitures- Summary of Components of Balance Sheet Information for Assets and Liabilities Held for Sale (Detail) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total current liabilities held for sale	$ 0.0	$ 783.9
Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents		168.4
Accounts receivable, net		626.5
Inventories, net		512.4
Prepaid expenses and other current assets		76.5
Property, plant, and equipment, net		293.4
Goodwill		2,160.6
Other intangible assets, net		186.0
Deferred income taxes		107.0
Other assets		193.7
Total current assets held for sale		4,324.5
Accounts payable		422.2
Accrued and other liabilities		339.6
Deferred income taxes		22.2
Total current liabilities held for sale		$ 784.0

Background and Basis of Presentation

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Background and Basis of Presentation

1. BACKGROUND AND BASIS OF PRESENTATION

Background

The Company’s solutions for wired and wireless networks enable service providers including cable, telephone and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. The Company’s solutions are complemented by services including technical support, systems design and integration. The Company is a leader in digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes. The Company’s global leadership position is built upon innovative technology, broad solution offerings, high-quality and cost-effective customer solutions, and global manufacturing and distribution scale.

Basis of Presentation

Concentrations of Risk and Related Party Transactions

Commitments and Contingencies

Product Warranties

The following table summarizes the activity in the product warranty accrual, included in accrued and other liabilities and other noncurrent liabilities on the Condensed Consolidated Balance Sheets:


	Three Months Ended
	March 31,
	2026			2025
Product warranty accrual, beginning of period	$	18.2		$	14.3
Provision for warranty claims		1.8			4.7
Warranty claims paid		(1.7	)		(3.0	)
Product warranty accrual, end of period	$	18.3		$	16.0

Legal Proceedings

Restricted Cash

Asset Impairments

Goodwill

Long-lived Assets

Income Taxes

Earnings (Loss) Per Share

The following table presents the basis for the EPS computations (in millions, except per share data):


	March 31,
	2026			2025
Numerator:
Income from continuing operations	$	231.7		$	341.1
Income from discontinued operations, net of tax		5,276.3			442.9
Net income	$	5,508.0		$	784.0
Dividends on Series A convertible preferred stock		(1.7	)		(16.9	)
Net income attributable to common stockholders	$	5,506.3		$	767.1

Denominator:
Weighted average common shares outstanding – basic		225.2			216.3
Dilutive effect of equity-based awards		8.0			11.0
Dilutive effect of as-if converted Series A convertible preferred stock		4.7			44.6
Weighted average common shares outstanding – diluted		237.9			271.9

Basic:
Earnings from continuing operations per share	$	1.02		$	1.50
Earnings from discontinued operations per share		23.43			2.05
Earnings per share	$	24.45		$	3.55

Diluted:
Earnings from continuing operations per share	$	0.97		$	1.25
Earnings from discontinued operations per share		22.18			1.63
Earnings per share	$	23.15		$	2.88

Recent Accounting Pronouncements

Adopted During the Three Months Ended March 31, 2026

Issued but Not Adopted

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Operating Activities:
Net income	$ 5,508.0	$ 784.0
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	39.1	78.0
Equity-based compensation	5.5	7.5
Deferred income taxes	1,465.5	13.3
Gain on disposal of discontinued operations	(7,007.9)	(869.7)
Noncash write-off of unamortized DFF and OID	101.3	0.0
Changes in assets and liabilities:
Accounts receivable	(2.1)	(149.9)
Inventories	(54.7)	(35.9)
Prepaid expenses and other assets	(21.4)	(49.0)
Accounts payable and other liabilities	(274.5)	20.5
Other	14.6	14.3
Net cash used in operating activities	(226.6)	(186.9)
Investing Activities:
Additions to property, plant and equipment	(2.2)	(15.5)
Net proceeds from divestitures	10,541.7	2,034.5
Net cash generated by investing activities	10,539.5	2,019.0
Financing Activities:
Long-term debt repaid	(7,370.8)	(2,049.0)
Long-term debt proceeds	0.0	50.0
Debt issuance costs	0.0	(5.7)
Redemption of convertible preferred stock	(1,278.7)	0.0
Dividends paid on Series A convertible preferred stock	(1.7)	0.0
Proceeds from the issuance of common shares under equity-based compensation plans	0.1	0.0
Tax withholding payments for vested equity-based compensation awards	(20.4)	(1.5)
Net cash used in financing activities	(8,671.5)	(2,006.2)
Effect of exchange rate changes on cash and cash equivalents	2.3	4.1
Change in cash, cash equivalents and restricted cash	1,643.7	(170.0)
Cash, cash equivalents and restricted cash at beginning of period	922.8	663.3
Cash, cash equivalents and restricted cash at end of period	2,566.5	493.3
Less: Restricted cash in prepaid expenses and other assets	56.5	0.0
Cash and cash equivalents at end of period	$ 2,510.0	$ 493.3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 0.7	$ 1.6
Property, plant and equipment, accumulated depreciation	$ 178.3	$ 174.5
Series A convertible preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	200,000,000	200,000,000
Series A convertible preferred stock, shares issued	0	0
Series A convertible preferred stock, shares outstanding	1,278,653	1,278,653
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,300,000,000	1,300,000,000
Common stock, shares issued	225,513,374	225,513,374
Common stock, shares outstanding	223,260,316	223,260,316
Treasury stock, shares	19,766,856	18,665,426

Condensed Consolidated Statements of Operations (Parenthetical) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Income Statement [Abstract]
Discontinued operations, net of income tax expense	$ 1,609.6	$ 413.8

- Definition

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.7)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-10

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482659/740-20-45-2

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 3A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483475/205-20-45-3A

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-5B

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5C
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-5C

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 3B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483475/205-20-45-3B

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483475/205-20-45-4

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-1

+ Details

Background and Basis of Presentation - Summary of Activity in Product Warranty Accrual, Included in Accrued and Other Liabilities and Other Noncurrent Liabilities on the Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Product warranty accrual, beginning of period	$ 18.2	$ 14.3
Provision for warranty claims	1.8	4.7
Warranty claims paid	(1.7)	(3.0)
Product warranty accrual, end of period	$ 18.3	$ 16.0

Restructuring Costs (Tables)

3 Months Ended

Mar. 31, 2026

Summary of Company's Net Pretax Restructuring Costs (Credits), Net

The Company’s net pretax restructuring activity included in restructuring costs, net on the Condensed Consolidated Statements of Operations, by segment, was as follows:


	Three Months Ended
	March 31,
	2026		2025
RUCKUS		4.5		1.6
Aurora		5.1		8.4
Corporate and other (1)		—		1.2
Total	$	9.6	$	11.2

(1)

Restructuring Liabilities Included in Company's Condensed Consolidated Balance Sheets

Restructuring liabilities were included in the Company’s Condensed Consolidated Balance Sheets as follows:


	March 31, 2026		December 31, 2025
Accrued and other liabilities	$	7.1	$	3.9
Other noncurrent liabilities		0.6		0.3
Total restructuring liabilities	$	7.7	$	4.2

Activity within Liability Established for Restructuring Actions, Included in Other Accrued Liabilities


	Employee-Related Costs			Other			Total
Balance at December 31, 2025	$	4.2		$	—		$	4.2
Additional expense, net		9.4			0.2			9.6
Cash paid		(5.9	)		(0.2	)		(6.1	)
Foreign exchange and other non-cash items		—			—			—
Balance at March 31, 2026	$	7.7		$	—		$	7.7

Subsequent Events

3 Months Ended

Mar. 31, 2026

Subsequent Events [Abstract]

Subsequent Events

8. SUBSEQUENT EVENTS

On April 7, 2026, the Company declared a one-time special cash distribution (the Special Distribution). The Special Distribution of $10.00 per share was paid on April 27, 2026, to stockholders of record of the Company’s common stock at the close of business on April 17, 2026.

In addition, on April 7, 2026, the Company entered into a revolving credit agreement with Citibank, N.A., as administrative agent and collateral agent, and the other lenders party thereto (the New Revolving Credit Agreement) providing for the New Revolving Credit Facility available to the Company and certain of its U.S. subsidiaries designated as co-borrowers therein, in an aggregate principal amount of up to $300.0 million (of which up to $100.0 million is available for letters of credit), subject to borrowing base availability.

On April 29, 2026, the Company’s board of directors approved a new share repurchase program, replacing the previous program, authorizing, but not obligating the repurchase of up to an aggregate of $100.0 million of the Company’s outstanding common stock. Repurchases under the stock repurchase programs may be made at management’s discretion from time to time on the open market, in privately negotiated transactions or otherwise, in each case subject to compliance with all Securities and Exchange Commission rules and other legal requirements and may be made in part under one or more Rule 10b5-1 and Rule 10b-18 plans, which permit stock repurchases at times when we might otherwise be precluded from doing so. The method, timing and amount of shares repurchased under the repurchase program will depend on several factors, including capital and liquidity requirements, market conditions and alternative uses for cash. The repurchase program does not have a set expiration date, but may be modified, suspended or discontinued at any time.

On April 29, 2026, the Company entered into a definitive agreement (Agreement) with Belden Inc., a Delaware corporation (Belden), pursuant to which Belden has agreed to acquire the Company’s RUCKUS segment in exchange for $1.846 billion in cash, to be paid by Belden upon closing. The Company expects to incur approximately $150 million in transaction-related expenses and taxes. The sale is expected to close in the second half of 2026, subject to customary closing conditions, including receipt of applicable regulatory approvals. The RUCKUS segment provides wireless networks for enterprises and service providers.

The divestiture of the RUCKUS segment is expected to meet the “held for sale” criteria per ASC 360-10 in the second quarter of 2026, and the Company has determined that it represents a strategic shift that will have a major effect on the Company’s operations. As such, the results of operations of the RUCKUS segment will be reclassified to discontinued operations per ASC 205-20 on the Condensed Consolidated Statements of Operations retrospectively for all periods presented beginning in the second quarter of 2026. In addition, the assets and liabilities of the RUCKUS segment will be presented separately on the Condensed Consolidated Balance Sheets for both current and prior periods beginning in the second quarter of 2026.

Background and Basis of Presentation - Additional Information (Detail) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2026 USD ($) Customer shares	Mar. 31, 2025 USD ($) Customer shares	Jan. 01, 2024
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Related party transactions	$ 0.0
Product warranty term	These product warranties extend over various periods, depending on the product subject to the warranty and the terms of the individual agreements.
Intangible asset impairment charges, excluding goodwill	$ 0.0	$ 0.0
Goodwill impairment charges	0.0	0.0
Income tax benefit	185.2	357.5
Tax Benefit		29.6
Income Tax Expense Benefit Recognised	196.6	361.1
Pre-tax net income (loss) for the period	$ 46.5	$ (16.4)
Statutory income tax rate	21.00%
Restricted cash	$ 56.5
Dilutive effect of equity-based awards \| shares	8.0	11.0
Cash proceeds from sale of segment	$ 10,541.7	$ 2,034.5
ANS Reporting Unit [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of exceeded carrying amount			9.00%
Stock Compensation Plan [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Amount of outstanding equity based awards not included in computation of diluted earnings per share \| shares	2.6	7.7
Prepaid Expenses and Other Current Assets [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Restricted cash	$ 11.4
Other Noncurrent Assets [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Restricted cash	$ 45.1
Customer Concentration Risk [Member] \| Sales Revenue, Net [Member] \| Comcast Corporation [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration risk percentage	39.00%	21.00%
Customer Concentration Risk [Member] \| Sales Revenue, Net [Member] \| Other Than Comcast [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Direct customer accounted for 10% or more of the Company's accounts receivable and total net sales \| Customer	0	0
Customer Concentration Risk [Member] \| Sales Revenue, Net [Member] \| TD Synnex Corporation [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration risk percentage		12.00%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Comcast Corporation [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration risk percentage	44.00%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Other Than Comcast and TD Synnex Corporation [member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration risk percentage	10.00%
Direct customer accounted for 10% or more of the Company's accounts receivable and total net sales \| Customer	0
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| TD Synnex Corporation [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration risk percentage	10.00%
Customer Concentration Risk [Member] \| Maximum [Member] \| Sales Revenue, Net [Member] \| Other Than Comcast [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration risk percentage	10.00%	10.00%

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Assets
Cash and cash equivalents	$ 2,510.0	$ 754.4
Accounts receivable, net of allowance for doubtful accounts of $0.7 and $1.6, respectively	377.4	350.4
Inventories, net	336.9	310.4
Prepaid expenses and other current assets	99.5	56.5
Current assets held for sale	0.0	4,324.5
Total current assets	3,323.8	5,796.2
Property, plant and equipment, net of accumulated depreciation of $178.3 and $174.5, respectively	56.3	58.6
Goodwill	764.6	764.6
Other intangible assets, net	805.0	839.1
Deferred income taxes	303.9	1,765.9
Other noncurrent assets	189.4	146.6
Total assets	5,443.0	9,371.0
Liabilities and Stockholders' Equity (Deficit)
Accounts payable	164.6	213.3
Accrued and other liabilities	334.0	498.3
Current liabilities held for sale	0.0	783.9
Total current liabilities	498.6	1,495.5
Long-term debt	0.0	7,260.2
Deferred income taxes	69.4	67.2
Other noncurrent liabilities	280.5	273.5
Total liabilities	848.5	9,096.4
Commitments and contingencies
Series A convertible preferred stock, $0.01 par value	0.0	1,278.7
Stockholders' equity (deficit):
Preferred stock, $0.01 par value: Authorized shares: 200,000,000; Issued and outstanding shares: None and 1,278,653 respectively, Series A convertible preferred stock	0.0	0.0
Common stock, $0.01 par value: Authorized shares: 1,300,000,000; Issued and outstanding shares: 225,513,374 and 223,260,316, respectively	2.5	2.4
Additional paid-in capital	2,491.7	2,487.9
Retained earnings (accumulated deficit)	2,454.4	(3,040.8)
Accumulated other comprehensive income (loss)	1.1	(118.7)
Treasury stock, at cost: 19,766,856 shares and 18,665,426 shares, respectively	(355.2)	(334.9)
Total stockholders' equity (deficit)	4,594.5	(1,004.1)
Total liabilities and stockholders' equity (deficit)	$ 5,443.0	$ 9,371.0

Divestitures - Summary of Components of Income (Loss) from Discontinued Operations (Parenthetical) (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2026 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Write-off of debt issuance cost	$ 101.3
Loss on extinguishment of debt	$ 11.3

Restructuring Costs - Activity within Liability Established for Restructuring Actions (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2026 USD ($)
Restructuring Cost and Reserve [Line Items]
Beginning balance	$ 4.2
Ending Balance	7.7
CommScope NEXT Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance	4.2
Additional expense, net	9.6
Cash received (paid)	(6.1)
Foreign exchange and other non-cash items	0.0
Ending Balance	7.7
Employee-Related Costs [Member] \| CommScope NEXT Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance	4.2
Additional expense, net	9.4
Cash received (paid)	(5.9)
Foreign exchange and other non-cash items	(0.0)
Ending Balance	7.7
Other Costs [Member] \| CommScope NEXT Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance	0.0
Additional expense, net	0.2
Cash received (paid)	(0.2)
Foreign exchange and other non-cash items	0.0
Ending Balance	$ 0.0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Divestitures (Tables)

3 Months Ended

Mar. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

Summary of Components of Discontinuing Operations Included in Financial Statements

The following table presents the summarized components of income (loss) from discontinued operations, net of income taxes, for the three months ended March 31, 2026 and 2025:


	CCS						OWN						DAS					Home					Total
	2026			2025			2026			2025			2026		2025			2026		2025			2026			2025
Net sales	$	87.4		$	724.1		$	(0.2	)	$	86.9		$	—	$	11.7		$	—	$	4.2		$	87.2		$	826.9
Cost of sales		59.2			453.1			—			49.8			—		10.0			—		4.3			59.2			517.2
Gross profit (loss)		28.2			271.0			(0.2	)		37.1			—		1.7			—		(0.1	)		28.0			309.7

Operating expenses:
Selling, general and administrative		7.5			85.3			—			15.5			—		3.7			—		(2.6	)		7.5			101.9
Research and development		1.9			17.7			—			3.1			—		3.0			—		—			1.9			23.8
Amortization of purchased intangible assets		—			17.7			—			—			—		—			—		—			—			17.7
Restructuring costs, net		0.1			—			—			—			—		—			—		—			0.1			—
Total operating expenses		9.5			120.7			—			18.6			—		6.7			—		(2.6	)		9.5			143.4
Operating income (loss)		18.7			150.3			(0.2	)		18.5			—		(5.0	)		—		2.5			18.5			166.3
Interest expense (1)		(129.1	)		(173.7	)		—			—			—		—			—		—			(129.1	)		(173.7	)
Other expense, net (2)		(11.4	)		(4.6	)		—			(1.0	)		—		—			—		—			(11.4	)		(5.6	)
Income (loss) from operations of discontinued businesses before income taxes		(121.8	)		(28.0	)		(0.2	)		17.5			—		(5.0	)		—		2.5			(122.0	)		(13.0	)
Gain (loss) on disposal of discontinued operations before income taxes		7,007.9			—			—			869.7			—		—			—		—			7,007.9			869.7
Income tax (expense) benefit		(1,609.6	)		(23.4	)		—			(391.0	)		—		1.2			—		(0.6	)		(1,609.6	)		(413.8	)
Income (loss) from discontinued operations, net of income taxes	$	5,276.5		$	(51.4	)	$	(0.2	)	$	496.2		$	—	$	(3.8	)	$	—	$	1.9		$	5,276.3		$	442.9

(1)

(2)

Other expense, net includes a loss of $11.3 million on the extinguishment of debt, for the three months ended March 31, 2026, associated with the divestiture of the CCS segment.

The following table presents balance sheet information for assets and liabilities held for sale related to the discontinued operations:


	December 31, 2025
Cash and cash equivalents	$	168.4
Accounts receivable, net		626.5
Inventories, net		512.4
Prepaid expenses and other current assets		76.5
Property, plant, and equipment, net		293.4
Goodwill		2,160.6
Other intangible assets, net		186.0
Deferred income taxes		107.0
Other assets		193.7
Total current assets held for sale	$	4,324.5

Accounts payable	$	422.2
Accrued and other liabilities		339.6
Deferred income taxes		22.2
Total current liabilities held for sale	$	784.0

The following table presents the details of the gain on disposal of the CCS segment and the OWN segment and DAS business unit, collectively:


	CCS			OWN/DAS
	January 9, 2026			January 31, 2025
Cash consideration received (net of cash acquired)	$	10,541.7		$	2,034.5
Transaction expense		(81.3	)		(9.1	)
Total disposal consideration		10,460.4			2,025.4
Carrying value of net assets sold		(3,326.1	)		(1,057.8	)
Gain on disposal before income taxes and reclassification of foreign currency translation and other		7,134.3			967.6
Reclassification of foreign currency translation and other (1)		(126.4	)		(97.9	)
Gain on disposal before income taxes		7,007.9			869.7
Income tax expense		(1,652.9	)		(386.6	)
Gain on disposal, net of income taxes	$	5,355.0		$	483.1

(1)

The following table summarizes the Company’s cash inflows related to the ongoing activities of the discontinued operations, including the Amphenol and Vantiva TSAs, as described below, and inventory sales resulting from the Amphenol MSA and Vantiva Supply Agreement, as described above:


	Three Months Ended
	March 31,
	2026		2025
Amphenol MSA inventory sales	$	5.5	$	1.2
Vantiva Supply Agreement and other inventory sales		—		4.3
Vantiva TSA fees		—		2.8


	Three Months Ended
	March 31,
	2026		2025
Gain on disposal of discontinued operations	$	7,007.9	$	869.7
Depreciation and amortization		0.1		30.0
Additions to property, plant and equipment		1.1		13.1
Equity-based compensation		0.3		1.8

Transition Service Agreements

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details