Harmonic (HLIT) Financials: History & Chart

Harmonic Inc.(HLIT)

Communication Equipment · San Jose, CA

$11.25+0.03 (+0.27%)

Delayed quote: Oct 6, 2026, 11:10 AM EDT

About Harmonic Inc.

Harmonic Inc., along with its affiliated entities, operates globally, delivering advanced software, hardware, system solutions, and related services for video content distribution. The company's business activities are structured into two main divisions: Video and Cable Access. The Video division furnishes comprehensive solutions for video processing, content production, and playout. Its customer base includes cable operators, satellite and telecommunications Pay-TV providers, as well as broadcast and a variety of media companies, specifically those involved in streaming. This segment offers dedicated video processing equipment, which encompasses network management and application software, complemented by hardware components such as encoders, video servers, high-density stream processing units, and edge processors. Furthermore, it provides Software-as-a-Service (SaaS) platforms that enable the bundling and transmission of diverse streaming content – including live streams, video-on-demand, catch-up TV, start-over TV, network-based digital video recording (DVR), and cloud-based DVR services. These services are delivered via HTTP streaming to a multitude of devices and incorporate dynamic, personalized advertising insertion capabilities. The Cable Access division specializes in offering CableOS software-centric cable access solutions and CableOS central cloud services, primarily targeting cable operators. Ultimately, Harmonic's product suite empowers its clients to create, manage, store, broadcast, and stream a wide spectrum of video services to end-user devices, including televisions, personal computers, laptops, tablets, and smartphones. Beyond its core offerings, the company provides a range of technical support and professional services. These include ongoing maintenance and support, expert consulting, system implementation, project oversight, technical design and planning, site preparation, integration, equipment installation, thorough system testing, and user training. The company distributes its products both through its internal sales team and indirectly via independent resellers and systems integrators. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.

San Jose, CA

552 employees

www.harmonicinc.com

Technology / Communication Equipment

Sector: Technology
Industry: Communication Equipment
CEO: Nimrod Ben-Natan

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jul 2026	Quarter ended Apr 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	495.77M	133.46M	121.69M	98.23M	142.38M	138.03M	133.13M	222.17M	195.76M
Cost of Goods Sold	244.38M	63.57M	58.08M	54.65M	68.08M	66.91M	57.28M	97.52M	91.02M
Gross Profit	251.39M	69.89M	63.62M	43.58M	74.31M	71.12M	75.85M	124.65M	104.73M
Gross Profit Margin	50.7%	52.4%	52.3%	44.4%	52.2%	51.5%	57.0%	56.1%	53.5%
Total Operating Expenses	192.64M	46.26M	43.17M	39.81M	63.40M	64.96M	65.73M	71.78M	69.31M
Research & Development	86.02M	21.20M	20.88M	17.06M	26.88M	26.77M	28.63M	31.41M	30.07M
Selling, General & Administrative	106.19M	24.63M	22.29M	22.75M	36.52M	38.19M	37.10M	38.59M	35.85M
Operating Income (EBIT)	58.75M	23.63M	20.45M	3.77M	10.91M	6.16M	10.13M	52.87M	35.42M
Operating Margin	11.9%	17.7%	16.8%	3.8%	7.7%	4.5%	7.6%	23.8%	18.1%
Income Before Tax (EBT)	53.37M	21.97M	19.33M	3.32M	8.75M	2.98M	8.48M	56.10M	28.81M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	3.74M	1.08M	1.08M	397K	1.18M	1.25M	1.47M	2.49M	2.69M
Other Income/Expense	-5.38M	-1.66M	-1.12M	-444K	-2.16M	-3.18M	-1.65M	3.23M	-6.62M
Net Income	-47.14M	-2.32M	7.31M	-54.81M	2.69M	2.87M	5.94M	38.12M	21.72M
Income Tax Expense	22.18M	4.92M	8.10M	3.10M	6.05M	105K	2.54M	17.98M	7.09M
Net Profit Margin	-9.5%	-1.7%	6.0%	-55.8%	1.9%	2.1%	4.5%	17.2%	11.1%
EBITDA	69.37M	26.30M	22.97M	6.37M	13.73M	8.83M	12.85M	55.84M	38.28M
EBITDA Margin	14.0%	19.7%	18.9%	6.5%	9.6%	6.4%	9.6%	25.1%	19.6%
Depreciation & Amortization	10.61M	2.67M	2.52M	2.60M	2.82M	2.67M	2.72M	2.97M	2.86M
EPS Basic	-0.42	-0.02	0.07	-0.49	0.02	0.03	0.05	0.33	0.19
EPS Diluted	-0.41	-0.02	0.07	-0.48	0.02	0.03	0.05	0.32	0.19
Weighted Average Basic Shares	108.65M	108.65M	109.71M	112.09M	113.32M	113.39M	116.32M	116.62M	116.40M
Weighted Average Diluted Shares	109.68M	109.68M	110.62M	113.00M	113.32M	113.49M	117.02M	117.70M	117.36M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	360.52M	678.72M	607.91M	624.96M	507.15M	378.83M	402.87M	403.56M
Cost of Goods Sold	196.86M	312.80M	295.36M	309.07M	247.41M	183.83M	179.86M	194.35M
Gross Profit	163.66M	365.92M	312.55M	315.88M	259.74M	195.00M	223.01M	209.21M
Gross Profit Margin	45.4%	53.9%	51.4%	50.5%	51.2%	51.5%	55.4%	51.8%
Total Operating Expenses	146.63M	302.79M	290.37M	270.37M	240.93M	207.45M	209.93M	211.30M
Research & Development	65.25M	120.97M	126.28M	120.31M	102.23M	82.49M	84.61M	89.16M
Selling, General & Administrative	81.38M	153.12M	163.28M	146.72M	138.09M	119.61M	119.03M	118.95M
Operating Income (EBIT)	17.03M	63.14M	22.17M	45.52M	18.81M	-12.45M	13.08M	-5.01M
Operating Margin	4.7%	9.3%	3.6%	7.3%	3.7%	-3.3%	3.2%	-1.2%
Income Before Tax (EBT)	8.86M	57.93M	19.14M	44.48M	8.87M	-26.22M	-6.60M	-16.95M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	3.80M	7.33M	2.70M	5.04M	10.63M	11.51M	11.65M	11.40M
Other Income/Expense	-8.17M	-5.20M	-3.03M	-1.03M	-9.94M	-13.77M	-19.68M	-11.94M
Net Income	-43.31M	39.22M	83.99M	28.18M	13.25M	-29.27M	-5.92M	-21.04M
Income Tax Expense	7.64M	18.72M	-64.85M	16.30M	-4.38M	3.05M	-672K	4.09M
Net Profit Margin	-12.0%	5.8%	13.8%	4.5%	2.6%	-7.7%	-1.5%	-5.2%
EBITDA	28.11M	75.28M	34.43M	57.78M	31.86M	3.26M	32.69M	16.33M
EBITDA Margin	7.8%	11.1%	5.7%	9.2%	6.3%	0.9%	8.1%	4.0%
Depreciation & Amortization	11.08M	12.14M	12.26M	12.26M	13.05M	15.71M	19.61M	21.34M
EPS Basic	-0.38	0.34	0.75	0.27	0.13	-0.30	-0.07	-0.25
EPS Diluted	-0.38	0.33	0.72	0.25	0.12	-0.30	-0.07	-0.25
Weighted Average Basic Shares	113.66M	115.12M	111.65M	105.08M	101.48M	96.97M	89.58M	85.61M
Weighted Average Diluted Shares	114.18M	117.48M	117.36M	112.38M	106.17M	96.97M	89.58M	85.61M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.