Harmonic Inc. (HLIT)
NASDAQ: HLIT · Real-Time Price · USD
12.47
+0.10 (0.81%)
At close: Aug 21, 2026, 4:00 PM EDT
12.31
-0.16 (-1.31%)
After-hours: Aug 21, 2026, 7:30 PM EDT

Harmonic Statistics

Total Valuation

Harmonic has a market cap or net worth of $1.36 billion. The enterprise value is $1.26 billion.

Market Cap1.36B
Enterprise Value 1.26B

Important Dates

The last earnings date was Wednesday, August 12, 2026, after market close.

Earnings Date Aug 12, 2026
Ex-Dividend Date n/a

Share Statistics

Harmonic has 109.07 million shares outstanding. The number of shares has decreased by -6.29% in one year.

Current Share Class 109.07M
Shares Outstanding 109.07M
Shares Change (YoY) -6.29%
Shares Change (QoQ) -0.85%
Owned by Insiders (%) 1.81%
Owned by Institutions (%) 86.12%
Float 107.03M

Valuation Ratios

The trailing PE ratio is 52.34 and the forward PE ratio is 17.93.

PE Ratio 52.34
Forward PE 17.93
PS Ratio 3.06
Forward PS 2.53
PB Ratio 3.77
P/TBV Ratio 4.54
P/FCF Ratio 25.23
P/OCF Ratio 21.82
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.64, with an EV/FCF ratio of 23.34.

EV / Earnings n/a
EV / Sales 2.83
EV / EBITDA 19.64
EV / EBIT 23.66
EV / FCF 23.34

Financial Position

The company has a current ratio of 3.05, with a Debt / Equity ratio of 0.36.

Current Ratio 3.05
Quick Ratio 2.36
Debt / Equity 0.36
Debt / EBITDA 1.81
Debt / FCF 2.41
Interest Coverage 14.95

Financial Efficiency

Return on equity (ROE) is 6.55% and return on invested capital (ROIC) is 9.19%.

Return on Equity (ROE) 6.55%
Return on Assets (ROA) 4.70%
Return on Invested Capital (ROIC) 9.19%
Return on Capital Employed (ROCE) 10.73%
Weighted Average Cost of Capital (WACC) 10.62%
Revenue Per Employee $851,985
Profits Per Employee -$90,472
Employee Count552
Asset Turnover 0.63
Inventory Turnover 3.23

Taxes

In the past 12 months, Harmonic has paid $21.69 million in taxes.

Income Tax 21.69M
Effective Tax Rate 45.10%

Stock Price Statistics

The stock price has increased by +42.35% in the last 52 weeks. The beta is 1.32, so Harmonic's price volatility has been higher than the market average.

Beta (5Y) 1.32
52-Week Price Change +42.35%
50-Day Moving Average 13.19
200-Day Moving Average 11.28
Relative Strength Index (RSI) 49.65
Average Volume (20 Days) 1,768,095

Short Selling Information

The latest short interest is 5.83 million, so 5.35% of the outstanding shares have been sold short.

Short Interest 5.83M
Short Previous Month 4.95M
Short % of Shares Out 5.35%
Short % of Float 5.45%
Short Ratio (days to cover) 3.68

Income Statement

In the last 12 months, Harmonic had revenue of $443.88 million and -$47.14 million in losses. Loss per share was -$0.43.

Revenue443.88M
Gross Profit 221.98M
Operating Income 53.19M
Pretax Income 48.09M
Net Income -47.14M
EBITDA 64.08M
EBIT 53.19M
Loss Per Share -$0.43
Full Income Statement

Balance Sheet

The company has $231.86 million in cash and $130.12 million in debt, with a net cash position of $101.74 million or $0.93 per share.

Cash & Cash Equivalents 231.86M
Total Debt 130.12M
Net Cash 101.74M
Net Cash Per Share $0.93
Equity (Book Value) 360.35M
Book Value Per Share 3.31
Working Capital 280.26M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $62.32 million and capital expenditures -$8.41 million, giving a free cash flow of $53.91 million.

Operating Cash Flow 62.32M
Capital Expenditures -8.41M
Depreciation & Amortization 10.88M
Net Borrowing -6.87M
Free Cash Flow 53.91M
FCF Per Share $0.49
Full Cash Flow Statement

Margins

Gross margin is 50.01%, with operating and profit margins of 11.98% and -10.62%.

Gross Margin 50.01%
Operating Margin 11.98%
Pretax Margin 10.83%
Profit Margin -10.62%
EBITDA Margin 14.44%
EBIT Margin 11.98%
FCF Margin 12.14%

Dividends & Yields

Harmonic does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 6.29%
Shareholder Yield 6.29%
Earnings Yield -3.47%
FCF Yield 3.96%

Analyst Forecast

The average price target for Harmonic is $16.14, which is 29.43% higher than the current price. The consensus rating is "Buy".

Price Target $16.14
Price Target Difference 29.43%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (3Y) 16.38%
EPS Growth Forecast (3Y) 20.06%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on October 15, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Oct 15, 1999
Split Type Forward
Split Ratio 2:1

Scores

Harmonic has an Altman Z-Score of -0.57 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.57
Piotroski F-Score 7