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+1872.0%
5Y+176.0%
10Y+24550.0%
3Y+760.0%
5Y-66.0%
10Y-84.0%
3Y+89.0%
5Y+3759.0%
10Y+53446.0%
HLIT

Harmonic Inc. Cash Conversion Engine

HLIT ยท NASDAQ
Net Income-43.31M
Depreciation & Amortization11.08M
Stock-Based Compensation31.88M
Change in Working Capital36.43M
Others71.88M
Capital Expenditures-11.08M
Free Cash Flow96.89M

Cash Flow Quality Analysis

FCF Conversion Rate

-223.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

10.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+83.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$36.43M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Harmonic Inc. Cash Flow Statement

HLIT โ€ข NASDAQ

Harmonic Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
-43.3M
39.2M
84M
28.2M
13.3M
-29.3M
-5.9M
-21M
-83M
-72.3M
-15.7M
-46.2M
22.4M
-10.9M
8.8M
-4.3M
-24.1M
64M
23.4M
1M
11.1M
12.1M
12.3M
12.3M
13.1M
15.7M
19.6M
21.3M
22.9M
33.7M
19.7M
37M
44M
44.4M
44.3M
27.4M
20.6M
13.3M
12M
9.6M
0.0
-16.4M
-92.9M
5M
-6.2M
-105K
-2.1M
661K
2.2M
-10.1M
-512K
32.2M
-13.2M
-5M
-2.3M
-248K
11.8M
-55.9M
-6.2M
-5.7M
31.9M
28.1M
27.3M
25.2M
24.1M
18M
12.1M
17.3M
16.6M
13.1M
15.6M
17.3M
16.1M
18.9M
20.9M
15.5M
10.6M
7.8M
6.2M
5.7M
71.9M
23.9M
13.5M
4.3M
10.7M
20.5M
30.1M
11.4M
21.8M
18.4M
7M
7.2M
6.6M
5.5M
1.5M
1.7M
2.8M
3.3M
7M
6M
(0.0)
(27.3M)
(18.1M)
(9M)
(2.5M)
(0.0)
(1.1M)
(2M)
(2.1M)
(0.0)
(952K)
(1.9M)
(4.3M)
(5.1M)
(7.6M)
(1.4M)
(2.4M)
(4.2M)
(0.0)
(0.0)
36.4M
-25M
-37.2M
-69.5M
-13.9M
14.3M
-22.5M
-17.4M
22.5M
17.8M
-19.8M
-39K
-22.1M
17.9M
-28M
-22.2M
-10.5M
27.6M
-7M
-8M
108M
61.9M
7.1M
5.5M
41M
39.2M
31.3M
12.3M
3.1M
438K
6.4M
47.4M
53.8M
70.8M
45.2M
17.8M
11.1M
60.1M
35.4M
8.6M
INVESTING ACTIVITIES
-11.1M
-9.2M
-8.5M
-9.3M
-13M
-32.2M
-10.3M
-7M
-11.4M
-15.1M
-14.4M
-10.1M
-14.6M
-12.6M
-17.3M
-35.6M
-8.1M
-9M
-5.9M
-5.1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-75.7M
(0.0)
(0.0)
(43.5M)
(12.6M)
-250K
-153.5M
-63.5M
-2.8M
-6.9M
-26.2M
(0.0)
(0.0)
-6.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-25.3M
-36M
-78.8M
-133.8M
-107.5M
-51.5M
-129.2M
-132.8M
-178.1M
-70.4M
0.0
0.0
6.3M
8M
0.0
0.0
0.0
104K
6.9M
19.7M
30.4M
73.9M
100.9M
98.8M
59.7M
144.2M
157.9M
126.7M
98.3M
84.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
104K
288K
591K
-1.1M
37.9M
65.7M
-12.6M
-65.3M
-35.9M
-71.6M
-9.4M
-12.8M
-31.4M
-11.1M
-9.2M
-8.5M
-1.3M
-13M
-32.2M
-10.3M
-6.9M
-4.2M
-70.5M
-10.4M
(27.8M)
(51.1M)
-47.5M
-65.3M
-96.4M
-42.9M
-18M
-92.6M
-17M
FINANCING ACTIVITIES
-73M
-23.4M
6.6M
2M
12.3M
5.5M
8.4M
4.9M
4.7M
4.4M
-63.6M
-88.4M
-108M
-17.8M
12.7M
3.9M
4.2M
8.5M
153.3M
4.8M
-4M
-2M
-1M
-38.8M
-2.3M
-5.9M
3.7M
-2.1M
-1.1M
-2.4M
128.3M
0.0
0.0
0.0
0.0
18.8M
0.0
0.0
-532K
-894K
-79M
-30M
(0.0)
-5.1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-72.9M
-93.1M
-116.5M
-22.6M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.4M
-7.8M
-10.5M
-6.3M
-2.1M
5.5M
-5.8M
-230K
-2.8M
-2.2M
-7.1M
15K
141K
121K
2M
0.0
0.0
0.0
70K
0.0
-81.4M
-33.3M
-5M
-43.1M
7.9M
-2.1M
6.3M
2.7M
895K
-152K
57.5M
-92M
-111.2M
-17.7M
14.7M
22.7M
4.2M
8.5M
152.9M
3.9M
CASH FLOW SUMMARY
7.2M
-1.9M
1.1M
-4.9M
-1.2M
738K
-203K
-763K
1.6M
-363K
-312K
-458K
8K
122K
-52K
-118K
167K
248K
-78K
71K
22.7M
17.5M
-5.3M
-43.8M
34.8M
5.6M
27.1M
7.2M
1.4M
-70.6M
53.2M
-17.3M
-6.3M
5.7M
-5.6M
-55.9M
-27.4M
50.9M
95.6M
-4.4M
101.8M
84.3M
89.6M
133.4M
98.6M
93.1M
66M
58.8M
55.6M
126.2M
73M
90.3M
96.7M
91M
96.5M
152.5M
179.9M
129M
33.5M
37.8M
124.5M
101.8M
84.3M
89.6M
133.4M
98.6M
93.1M
66M
57M
55.6M
126.2M
73M
90.3M
96.7M
91M
96.5M
152.5M
179.9M
129M
33.5M
96.9M
52.7M
-1.4M
-3.8M
28M
7M
21M
5.2M
-8.3M
-14.7M
-8M
37.3M
39.2M
58.2M
27.9M
-17.8M
3M
51.1M
29.5M
3.5M

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