Harmonic Inc. (HLIT)
NASDAQ: HLIT · Real-Time Price · USD
15.11
-1.89 (-11.12%)
At close: May 29, 2026, 4:00 PM EDT
15.34
+0.23 (1.52%)
After-hours: May 29, 2026, 7:59 PM EDT
Harmonic Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 349.08 | 360.52 | 488.2 | 388.48 | 624.96 | 507.15 | |
Revenue Growth (YoY) | -45.59% | -26.15% | 25.67% | -37.84% | 23.23% | 33.87% |
Cost of Revenue | 189.3 | 185.78 | 248.09 | 210.36 | 309.07 | 247.41 |
Gross Profit | 159.79 | 174.75 | 240.11 | 178.12 | 315.88 | 259.74 |
Selling, General & Admin | 66.57 | 81.38 | 79.17 | 78.27 | 146.72 | 138.09 |
Depreciation & Amortization Expenses | - | - | - | - | - | 0.51 |
Research & Development | 65.86 | 76.33 | 72.57 | 69.71 | 120.31 | 102.23 |
Other Operating Expenses | 2.95 | 2.95 | 13.63 | 0.11 | 3.34 | 0.11 |
Total Operating Expenses | 135.38 | 160.67 | 165.37 | 148.09 | 270.37 | 240.93 |
Operating Income | 24.4 | 14.08 | 74.73 | 30.03 | 45.52 | 18.81 |
Interest Expense | -3.4 | -3.8 | -6.47 | -2.03 | -5.04 | -10.63 |
Other Non-Operating Income (Expense) | -1.29 | -1.42 | 3.27 | -0.16 | 4.01 | 0.69 |
Total Non-Operating Income (Expense) | -4.69 | -5.22 | -3.2 | -2.18 | -1.03 | -9.94 |
Pretax Income | 19.71 | 8.86 | 71.54 | 27.85 | 44.49 | 8.87 |
Provision for Income Taxes | 14.78 | 7.65 | 20.82 | -60.49 | 16.3 | -4.38 |
Net Income | -41.94 | -43.31 | 39.22 | 83.99 | 28.18 | 13.25 |
Earnings From Discontinued Operations | -57.37 | -44.53 | -11.5 | -4.34 | - | - |
Net Income to Common | -41.94 | -43.31 | 39.22 | 83.99 | 28.18 | 13.25 |
Net Income Growth | - | - | -53.31% | 198.04% | 112.63% | - |
Shares Outstanding (Basic) | 112 | 114 | 115 | 112 | 105 | 101 |
Shares Outstanding (Diluted) | 112 | 114 | 117 | 117 | 112 | 106 |
Shares Change (YoY) | -3.67% | -2.81% | 0.10% | 4.43% | 5.85% | 9.49% |
EPS (Basic) | -0.37 | -0.38 | 0.34 | 0.75 | 0.27 | 0.13 |
EPS (Diluted) | -0.37 | -0.38 | 0.33 | 0.72 | 0.25 | 0.12 |
EPS Growth | - | - | -54.17% | 188.00% | 108.33% | - |
Shares Outstanding | 108.48 | 111.19 | 116.74 | 112.41 | 109.87 | 102.96 |
Free Cash Flow | 45.44 | 96.89 | 52.73 | -1.42 | -3.77 | 28.04 |
Free Cash Flow Growth | -53.10% | 83.74% | - | - | - | 303.02% |
Free Cash Flow Per Share | 0.40 | 0.85 | 0.45 | -0.01 | -0.03 | 0.26 |
Gross Margin | 45.77% | 48.47% | 49.18% | 45.85% | 50.54% | 51.22% |
Operating Margin | 6.99% | 3.91% | 15.31% | 7.73% | 7.28% | 3.71% |
Profit Margin | 1.41% | 0.34% | 10.39% | 22.74% | 4.51% | 2.61% |
FCF Margin | 13.02% | 26.87% | 10.80% | -0.36% | -0.60% | 5.53% |
EBITDA | 35.29 | 25.16 | 86.87 | 42.28 | 57.78 | 31.86 |
EBITDA Margin | 10.11% | 6.98% | 17.79% | 10.88% | 9.25% | 6.28% |
EBIT | 24.4 | 14.08 | 74.73 | 30.03 | 45.52 | 18.81 |
EBIT Margin | 6.99% | 3.91% | 15.31% | 7.73% | 7.28% | 3.71% |
Effective Tax Rate | 75.02% | 86.28% | 29.10% | -217.25% | 36.65% | -49.41% |