Harmonic Inc. (HLIT)
NASDAQ: HLIT · Real-Time Price · USD
9.51
+0.20 (2.15%)
At close: Nov 6, 2026, 4:00 PM EST
9.70
+0.19 (2.00%)
After-hours: Nov 6, 2026, 7:30 PM EST
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 | Oct '26 Oct 2, 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 |
| 502.23 | 360.52 | 488.2 | 388.48 | 624.96 | 507.15 | |
Revenue Growth | 45.23% | -26.15% | 25.67% | -37.84% | 23.23% | 33.87% |
Cost of Revenue | 245.43 | 185.78 | 248.09 | 210.36 | 308.54 | 246.84 |
Gross Profit | 256.8 | 174.75 | 240.11 | 178.12 | 316.42 | 260.31 |
Selling, General & Admin | 104.7 | 89.42 | 87.65 | 78.27 | 146.72 | 138.09 |
Research & Development | 77.57 | 68.29 | 64.09 | 69.71 | 120.31 | 102.23 |
Amortization of Goodwill & Intangibles | - | - | - | - | - | 0.51 |
Operating Expenses | 181.66 | 157.71 | 151.74 | 147.98 | 267.02 | 240.82 |
Operating Income | 75.14 | 17.03 | 88.36 | 30.14 | 49.39 | 19.49 |
Interest Expense | -2.33 | -3.8 | -6.47 | -2.03 | -5.04 | -10.63 |
Currency Exchange Gain (Loss) | -1.4 | -1.4 | 3.3 | -0.2 | -0.3 | 0.6 |
Other Non Operating Income (Expenses) | 0.14 | -0.02 | -0.03 | 0.04 | 4.31 | 0.09 |
EBT Excluding Unusual Items | 71.56 | 11.81 | 85.17 | 27.96 | 48.36 | 9.55 |
Merger & Restructuring Charges | 0.1 | -1.32 | -2.74 | -0.11 | -3.87 | -0.68 |
Asset Writedown | -1.24 | -1.64 | -10.89 | - | - | - |
Pretax Income | 70.42 | 8.86 | 71.54 | 27.85 | 44.49 | 8.87 |
Income Tax Expense | 25.41 | 7.65 | 20.82 | -60.49 | 16.3 | -4.38 |
Earnings From Continuing Operations | 45.01 | 1.22 | 50.72 | 88.34 | 28.18 | 13.25 |
Earnings From Discontinued Operations | -80.2 | -44.53 | -11.5 | -4.34 | - | - |
Net Income | -35.19 | -43.31 | 39.22 | 83.99 | 28.18 | 13.25 |
Net Income to Common | -35.19 | -43.31 | 39.22 | 83.99 | 28.18 | 13.25 |
Net Income Growth | - | - | -53.31% | 198.04% | 112.63% | - |
Shares Outstanding (Basic) | 110 | 114 | 115 | 112 | 105 | 101 |
Shares Outstanding (Diluted) | 110 | 114 | 117 | 117 | 112 | 106 |
Shares Change | -4.80% | -2.81% | 0.10% | 4.43% | 5.85% | 9.49% |
EPS (Basic) | -0.32 | -0.38 | 0.34 | 0.75 | 0.27 | 0.13 |
EPS (Diluted) | -0.32 | -0.38 | 0.33 | 0.71 | 0.25 | 0.12 |
EPS Growth | - | - | -53.42% | 185.19% | 108.33% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 2, 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 |
Free Cash Flow | 27.73 | 96.89 | 52.73 | -1.42 | -3.77 | 28.04 |
Free Cash Flow Per Share | 0.25 | 0.85 | 0.45 | -0.01 | -0.03 | 0.26 |
Gross Margin | 51.13% | 48.47% | 49.18% | 45.85% | 50.63% | 51.33% |
Operating Margin | 14.96% | 4.72% | 18.10% | 7.76% | 7.90% | 3.84% |
Profit Margin | -7.01% | -12.01% | 8.03% | 21.62% | 4.51% | 2.61% |
Free Cash Flow Margin | 5.52% | 26.87% | 10.80% | -0.36% | -0.60% | 5.53% |
EBITDA | 86.32 | 28.11 | 100.5 | 42.39 | 61.65 | 32.54 |
EBITDA Margin | 17.19% | 7.80% | 20.59% | 10.91% | 9.87% | 6.42% |
D&A For EBITDA | 11.18 | 11.08 | 12.14 | 12.26 | 12.26 | 13.05 |
EBIT | 75.14 | 17.03 | 88.36 | 30.14 | 49.39 | 19.49 |
EBIT Margin | 14.96% | 4.72% | 18.10% | 7.76% | 7.90% | 3.84% |
Effective Tax Rate | 36.08% | 86.28% | 29.10% | - | 36.65% | - |
Revenue as Reported | 502.23 | 360.52 | 488.2 | 388.48 | 624.96 | 507.15 |
Advertising Expenses | - | 0.2 | 0.3 | 0.4 | 0.7 | 1 |