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
Revenue	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%

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q