HLIT
Harmonic Inc
NASDAQ: HLIT · TECHNOLOGY · COMMUNICATION EQUIPMENT
$10.32
+1.08% today
Updated 2026-04-29
Market cap
$1.12B
P/E ratio
1,032.00
P/S ratio
3.11x
EPS (TTM)
$0.01
Dividend yield
—
52W range
$8 – $12
Volume
1.1M
Harmonic Inc (HLIT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $247.68M | $311.20M | $364.96M | $319.57M | $423.34M | $549.33M | $530.46M | $461.94M | $433.56M | $377.03M | $405.91M | $358.25M | $403.56M | $402.87M | $378.83M | $507.15M | $624.96M | $607.91M | $678.72M | $360.52M |
| Revenue growth (YoY) | — | +25.6% | +17.3% | -12.4% | +32.5% | +29.8% | -3.4% | -12.9% | -6.1% | -13.0% | +7.7% | -11.7% | +12.6% | -0.2% | -6.0% | +33.9% | +23.2% | -2.7% | +11.6% | -46.9% |
| Cost of revenue | $146.24M | $177.13M | $187.43M | $185.21M | $227.94M | $294.82M | $293.91M | $241.50M | $221.21M | $174.31M | $205.16M | $188.43M | $194.35M | $179.86M | $183.83M | $247.41M | $309.07M | $295.36M | $312.80M | $185.78M |
| Gross profit | $101.45M | $134.07M | $177.53M | $134.36M | $195.40M | $254.51M | $236.56M | $220.44M | $212.35M | $202.71M | $200.75M | $169.82M | $209.21M | $223.01M | $195.00M | $259.74M | $315.88M | $312.55M | $365.92M | $174.75M |
| Gross margin | 41.0% | 43.1% | 48.6% | 42.0% | 46.2% | 46.3% | 44.6% | 47.7% | 49.0% | 53.8% | 49.5% | 47.4% | 51.8% | 55.4% | 51.5% | 51.2% | 50.5% | 51.4% | 53.9% | 48.5% |
| R&D | $39.45M | $42.90M | $54.47M | $61.44M | $77.20M | $102.73M | $106.22M | $99.94M | $93.06M | $87.55M | $98.40M | $95.98M | $89.16M | $84.61M | $82.49M | $102.23M | $120.31M | $126.28M | $120.97M | $74.96M |
| SG&A | $65.24M | $70.69M | $83.12M | $81.14M | $108.15M | $131.09M | $130.94M | $133.61M | $131.12M | $119.56M | $142.98M | $135.57M | $117.95M | $118.33M | $118.51M | $137.09M | $146.02M | $158.23M | $160.55M | $81.38M |
| Operating income | $-3.72M | $19.26M | $39.30M | $-12.04M | $5.14M | $11.77M | $-9.31M | $-23.02M | $-21.57M | $-12.95M | $-67.04M | $-70.88M | $-5.01M | $13.08M | $-12.45M | $18.81M | $45.52M | $22.17M | $63.14M | $17.03M |
| Operating margin | -1.5% | 6.2% | 10.8% | -3.8% | 1.2% | 2.1% | -1.8% | -5.0% | -5.0% | -3.4% | -16.5% | -19.8% | -1.2% | 3.2% | -3.3% | 3.7% | 7.3% | 3.6% | 9.3% | 4.7% |
| EBITDA | $5.86M | $31.26M | $52.59M | $8.52M | $32.56M | $56.06M | $26.48M | $23.19M | $18.48M | $4.01M | $-36.15M | $-50.71M | $15.79M | $24.66M | $999000.00 | $32.55M | $61.65M | $22.17M | $77.40M | $23.74M |
| EBITDA margin | 2.4% | 10.0% | 14.4% | 2.7% | 7.7% | 10.2% | 5.0% | 5.0% | 4.3% | 1.1% | -8.9% | -14.2% | 3.9% | 6.1% | 0.3% | 6.4% | 9.9% | 3.6% | 11.4% | 6.6% |
| EBIT | $-3.72M | $19.26M | $39.30M | $-12.04M | $5.14M | $11.77M | $-17.92M | $-20.78M | $-18.50M | $-15.73M | $-69.80M | $-73.63M | $-5.55M | $5.05M | $-14.71M | $19.50M | $49.39M | $22.17M | $65.26M | $12.66M |
| Interest expense | $0.00 | $0.00 | $9.22M | $3.18M | $1.08M | $374000.00 | $222000.00 | $128000.00 | $224000.00 | $333000.00 | $10.63M | $11.08M | $11.40M | $11.65M | $11.51M | $10.63M | $5.04M | $2.70M | $7.33M | $3.80M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.01M | $23.42M | $63.99M | $-24.14M | $-4.33M | $8.78M | $-10.94M | $37.03M | $-46.25M | $-15.66M | $-72.31M | $-82.95M | $-21.04M | $-5.92M | $-29.27M | $13.25M | $28.18M | $83.99M | $39.22M | $-43.31M |
| Net income growth (YoY) | — | +2225.8% | +173.2% | -137.7% | +82.0% | +302.5% | -224.6% | +438.5% | -224.9% | +66.1% | -361.7% | -14.7% | +74.6% | +71.8% | -394.1% | +145.3% | +112.6% | +198.0% | -53.3% | -210.4% |
| Profit margin | 0.4% | 7.5% | 17.5% | -7.6% | -1.0% | 1.6% | -2.1% | 8.0% | -10.7% | -4.2% | -17.8% | -23.2% | -5.2% | -1.5% | -7.7% | 2.6% | 4.5% | 13.8% | 5.8% | -12.0% |