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Harmonic Inc. (HLIT)

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SEC name HARMONIC INC. · CIK 0000851310 · Nasdaq · Radio & Tv Broadcasting & Communications Equipment

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Harmonic Inc. reported revenue of $360.52M. Revenue fell 26.2% from the prior annual period.

Key ratios (year ended 2025-12-31)

48.5%
Gross margin
3.9%
Operating margin
-12.0%
Net margin
-11.3%
Return on year-end equity
-26.2%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-19

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-07-03 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-07-03		2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenuen/a$360.52M$488.20M$388.48M$624.96M$507.15M$378.83M$402.87M$403.56M$358.25M$405.91M
Cost of Revenuen/a$185.78M$248.09M$210.36M$309.07M$247.41M$183.83M$179.86M$194.35M$188.43M$205.16M
Gross Profitn/a$174.75M$240.11M$178.12M$315.88M$259.74M$195.00M$223.01M$209.21M$169.82M$200.75M
R&D Expensen/a$76.33M$72.57M$69.71M$120.31M$102.23M$82.49M$84.61M$89.16M$95.98M$98.40M
Operating Incomen/a$14.08M$74.73M$30.03M$45.52M$18.81M-$12.45M$13.08M-$5.01M-$70.88M-$67.04M
Net Income-$47.14M-$43.31M$39.22M$83.99M$28.18M$13.25M-$29.27M-$5.92M-$21.04M-$82.95M-$72.31M
EPS (Diluted)n/a-$0.38$0.33$0.72$0.25$0.12-$0.30-$0.07n/an/an/a
Total Assets$632.64M$718.48M$796.51M$768.21M$710.02M$693.69M$591.52M$587.33M$510.83M$508.06M$554.07M
Total Liabilities$272.30M$335.24M$331.25M$331.33M$385.51M$396.89M$333.22M$332.47M$282.58M$289.72M$283.43M
Long-Term Debt$110.61M$112.08M$114.28M$0$15.92M$17.98M$21.84M$17.15M$19.70M$21.85M$19.33M
Shareholders' Equity$360.35M$383.25M$465.26M$436.87M$324.51M$295.91M$258.30M$252.45M$229.65M$218.34M$270.64M
Cash & Equivalents$231.86M$124.11M$101.46M$84.27M$89.59M$133.43M$98.64M$93.06M$65.99M$57.02M$55.63M
Operating Cash Flow$9.80M$107.97M$61.92M$7.06M$5.48M$41.02M$39.16M$31.30M$12.28M$3.06M$438.0K
Capital Expenditures$8.41M$11.08M$9.19M$8.47M$9.25M$12.97M$32.20M$10.33M$7.04M$11.40M$15.11M
Free Cash Flow$1.39M$96.89M$52.73M-$1.42M-$3.77M$28.04M$6.96M$20.97M$5.24M-$8.34M-$14.67M
Share Repurchases$71.88M$79.03M$30.05M$0$5.13M$0$0n/an/a$0$0
Dividends Paidn/an/a$0$0$0$0$0$0$0n/an/a
Shares Outstanding109.02M111.19M116.73M112.41M109.87M102.96M98.20M91.88M87.06M82.55M78.46M
Weighted Average Diluted Sharesn/a114.18M117.48M117.36M112.38M106.17M96.97M89.58Mn/an/an/a
EPS (Basic)n/a-$0.38$0.34$0.75$0.27$0.13-$0.30-$0.07n/an/an/a

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