Harmonic Inc.

Harmonic Inc.

HLITยทNASDAQ

$14.66

-7.3%
TechnologyCommunication Equipment

Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$1.59B
EPS-0.3800
P/E Ratio-38.58
Earnings Date07/27/2026
3Y-42.0%
5Y-5.0%
10Y-11.0%
3Y-254.0%
5Y+48.0%
10Y-40.0%
3Y+1872.0%
5Y+176.0%
10Y+24550.0%
Harmonic Inc.

Harmonic Inc. Profit Bridge

HLIT ยท NASDAQ
Revenue360.52M
Cost of Goods Sold (185.78M)
Gross Profit174.75M
Operating Expenses (157.71M)
Operating Income17.03M
Interest Expense (3.80M)
Other Income/Expense-8.17M
Pretax Income8.86M
Income Tax (7.64M)
Net Income-43.31M
Net Income
-43.31M

Profitability Analysis

Gross Margin

48.5%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

4.7%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-12.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Effective Tax Rate

86.3%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Harmonic Inc. Income Statement

HLIT โ€ข NASDAQ

Harmonic Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
360.5M
678.7M
607.9M
625M
507.1M
378.8M
402.9M
403.6M
358.2M
405.9M
377M
433.6M
461.9M
530.5M
549.3M
423.3M
319.6M
365M
311.2M
247.7M
GROSS PROFIT
(185.8M)
(312.8M)
(295.4M)
(309.1M)
(247.4M)
(183.8M)
(179.9M)
(194.3M)
(188.4M)
(205.2M)
(174.3M)
(221.2M)
(241.5M)
(293.9M)
(294.8M)
(227.9M)
(185.2M)
(187.4M)
(177.1M)
(146.2M)
174.7M
365.9M
312.5M
315.9M
259.7M
195M
223M
209.2M
169.8M
200.8M
202.7M
212.3M
220.4M
236.6M
254.5M
195.4M
134.4M
177.5M
134.1M
101.4M
OPERATING INCOME
(157.7M)
(302.8M)
(290.4M)
(270.4M)
(240.9M)
(207.4M)
(209.9M)
(211.3M)
(235.4M)
(253.2M)
(214.3M)
(231.2M)
(242M)
(245.9M)
(242.7M)
(190.3M)
(146.4M)
(138.2M)
(114.8M)
(105.2M)
(82.8M)
(153.1M)
(163.3M)
(146.7M)
(138.1M)
(119.6M)
(119M)
(119M)
(136.3M)
(144.4M)
(121M)
(131.3M)
(134M)
(130.9M)
(131.1M)
(108.2M)
(81.1M)
(83.1M)
(70.7M)
(65.2M)
(75M)
(121M)
(126.3M)
(120.3M)
(102.2M)
(82.5M)
(84.6M)
(89.2M)
(96M)
(98.4M)
(87.5M)
(93.1M)
(99.9M)
(106.2M)
(102.7M)
(77.2M)
(61.4M)
(54.5M)
(42.9M)
(39.5M)
17M
63.1M
22.2M
45.5M
18.8M
-12.4M
13.1M
-5M
-70.9M
-67M
-12.9M
-21.6M
-23M
-9.3M
11.8M
5.1M
-12M
39.3M
19.3M
-3.7M
PRE-TAX INCOME
(3.8M)
(7.3M)
(2.7M)
(5M)
(10.6M)
(11.5M)
(11.7M)
(11.4M)
(11.1M)
(10.6M)
(333K)
(0.0)
(0.0)
(0.0)
(0.0)
(1.1M)
(3.2M)
(9.2M)
(0.0)
(0.0)
-3.8M
-7.3M
-2.7M
-5M
-10.6M
-11.5M
-11.7M
-11.4M
-11.1M
-10.6M
-333K
132K
219K
515K
374K
1.1M
3.2M
9.2M
0.0
0.0
(0.0)
(28.7M)
(809K)
(3.3M)
(617K)
(5.3M)
(6.3M)
-536K
-2.2M
-31K
-282K
-356K
-347K
-293K
(8.9M)
(4.9M)
(3.8M)
(639K)
(1.2M)
(470K)
-8.2M
-5.2M
-3M
-1M
-9.9M
-13.8M
-19.7M
-11.9M
-13.8M
-13.4M
-3.1M
-224K
-128K
222K
-140K
297K
2.3M
6.7M
6.3M
5.3M
8.9M
57.9M
19.1M
44.5M
8.9M
-26.2M
-6.6M
-16.9M
-84.7M
-80.4M
-16.1M
-21.8M
-23.2M
-9.1M
11.6M
5.4M
-9.7M
46M
25.5M
1.6M
NET INCOME
(7.6M)
(18.7M)
-64.9M
(16.3M)
-4.4M
(3.1M)
-672K
(4.1M)
-1.8M
-8.1M
-407K
(24.5M)
-44.7M
(1.9M)
(2.9M)
(9.8M)
(14.4M)
-18M
(2.1M)
(609K)
-43.3M
39.2M
84M
28.2M
13.3M
-29.3M
-5.9M
-21M
-83M
-72.3M
-15.7M
-46.2M
37M
-10.9M
8.8M
-4.3M
-24.1M
64M
23.4M
1M

SEC Filings

HLIT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q2

Q2

May 13, 2026
April 03, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 04, 2026
2026
8-K

8-K 2026

N/A

April 02, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

March 23, 2026
March 20, 2026
2026
8-K

8-K 2026

N/A

March 11, 2026
March 11, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 19, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

February 09, 2026
February 03, 2026
2026
8-K

8-K 2025

N/A

December 09, 2025
December 08, 2025
2025
Showing 1 to 10 of 422 filings