harmonic inc. - HLIT

HLIT

Close Chg Chg %
9.51 -0.02 -0.16%

Open Market

9.50

-0.02 (0.16%)

Volume: 88.91K

Last Updated:

Mar 26, 2026, 11:03 AM EDT

Company Overview: harmonic inc. - HLIT

HLIT Key Data

Open

$9.41

Day Range

9.41 - 9.56

52 Week Range

7.80 - 11.49

Market Cap

$1.05B

Shares Outstanding

110.24M

Public Float

108.07M

Beta

1.04

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.39

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.22M

 

HLIT Performance

1 Week
 
5.67%
 
1 Month
 
-10.54%
 
3 Months
 
-4.52%
 
1 Year
 
-2.06%
 
5 Years
 
17.70%
 

HLIT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 7
Full Ratings ➔

About harmonic inc. - HLIT

Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Broadband segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies. The Broadband segment offers solutions to cable operators broadband access solutions and related services, including cOS software-based broadband access solution, to broadband operators globally. The company was founded in June 1988 and is headquartered in San Jose, CA.

HLIT At a Glance

Harmonic, Inc.
2590 Orchard Parkway
San Jose, California 95131
Phone 1-408-542-2500 Revenue 360.52M
Industry Telecommunications Equipment Net Income -43,310,000.00
Sector Electronic Technology Employees 534
Fiscal Year-end 12 / 2026
View SEC Filings

HLIT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 3.118
Price to Book Ratio 2.869
Price to Cash Flow Ratio 10.41
Enterprise Value to EBITDA 40.294
Enterprise Value to Sales 3.142
Total Debt to Enterprise Value 0.118

HLIT Efficiency

Revenue/Employee 675,136.704
Income Per Employee -81,104.869
Receivables Turnover 4.102
Total Asset Turnover 0.473

HLIT Liquidity

Current Ratio 2.492
Quick Ratio 2.25
Cash Ratio 0.629

HLIT Profitability

Gross Margin 45.396
Operating Margin 4.724
Pretax Margin 2.458
Net Margin -12.013
Return on Assets 0.159
Return on Equity 0.287
Return on Total Capital 0.235
Return on Invested Capital 0.22

HLIT Capital Structure

Total Debt to Total Equity 34.751
Total Debt to Total Capital 25.789
Total Debt to Total Assets 18.439
Long-Term Debt to Equity 32.304
Long-Term Debt to Total Capital 23.973
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Harmonic Inc. - HLIT

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
624.96M 607.91M 678.72M 360.52M
Sales Growth
+23.23% -2.73% +11.65% -46.88%
Cost of Goods Sold (COGS) incl D&A
320.80M 306.93M 324.48M 196.86M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
12.26M 12.26M 12.14M 11.08M
Depreciation
12.26M 12.26M 12.14M 11.08M
Amortization of Intangibles
- - - -
-
COGS Growth
+23.44% -4.32% +5.72% -39.33%
Gross Income
304.16M 300.98M 354.24M 163.66M
Gross Income Growth
+23.01% -1.05% +17.70% -53.80%
Gross Profit Margin
+48.67% +49.51% +52.19% +45.40%
2022 2023 2024 2025 5-year trend
SG&A Expense
254.76M 277.31M 261.96M 146.63M
Research & Development
108.05M 114.03M 108.84M 65.25M
Other SG&A
146.72M 163.28M 153.12M 81.38M
SGA Growth
+11.85% +8.85% -5.53% -44.03%
Other Operating Expense
- - - -
-
Unusual Expense
3.57M 1.70M 30.55M 2.95M
EBIT after Unusual Expense
45.82M 21.97M 61.74M 14.08M
Non Operating Income/Expense
3.71M (135.00K) 3.52M (1.42M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
5.04M 2.70M 7.33M 3.80M
Interest Expense Growth
-52.56% -46.51% +171.74% -48.14%
Gross Interest Expense
5.04M 2.70M 7.33M 3.80M
Interest Capitalized
- - - -
-
Pretax Income
44.48M 19.14M 57.93M 8.86M
Pretax Income Growth
+401.47% -56.97% +202.66% -84.70%
Pretax Margin
+7.12% +3.15% +8.54% +2.46%
Income Tax
16.30M (64.85M) 18.72M 7.64M
Income Tax - Current - Domestic
7.68M 24.02M 30.50M 1.58M
Income Tax - Current - Foreign
3.73M 3.98M 4.65M 2.88M
Income Tax - Deferred - Domestic
- (94.05M) (19.05M) 4.14M
Income Tax - Deferred - Foreign
4.89M 1.19M 2.61M (960.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
28.18M 83.99M 39.22M 1.22M
Minority Interest Expense
- - - -
-
Net Income
28.18M 83.99M 39.22M 1.22M
Net Income Growth
+112.63% +198.04% -53.31% -96.90%
Net Margin Growth
+4.51% +13.82% +5.78% +0.34%
Extraordinaries & Discontinued Operations
- - - (44.53M)
-
Discontinued Operations
- - - (44.53M)
-
Net Income After Extraordinaries
28.18M 83.99M 39.22M (43.31M)
Preferred Dividends
- - - -
-
Net Income Available to Common
28.18M 83.99M 39.22M (43.31M)
EPS (Basic)
0.2682 0.7523 0.3407 -0.381
EPS (Basic) Growth
+105.36% +180.50% -54.71% -211.83%
Basic Shares Outstanding
105.08M 111.65M 115.12M 113.66M
EPS (Diluted)
0.2508 0.7157 0.3338 -0.381
EPS (Diluted) Growth
+100.96% +185.37% -53.36% -214.14%
Diluted Shares Outstanding
112.38M 117.36M 117.48M 113.66M
EBITDA
61.65M 35.92M 104.42M 28.11M
EBITDA Growth
+89.45% -41.73% +190.68% -73.08%
EBITDA Margin
+9.87% +5.91% +15.38% +7.80%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 11.786
Number of Ratings 7 Current Quarters Estimate 0.115
FY Report Date 03 / 2026 Current Year's Estimate 0.563
Last Quarter’s Earnings 0.14 Median PE on CY Estimate N/A
Year Ago Earnings 0.47 Next Fiscal Year Estimate 0.726
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 6 6 5
Mean Estimate 0.12 0.12 0.56 0.73
High Estimates 0.12 0.14 0.64 0.80
Low Estimate 0.11 0.09 0.50 0.62
Coefficient of Variance 4.76 13.94 9.70 9.82

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 1 1 1
HOLD 2 2 2
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Harmonic Inc. - HLIT

Date Name Shares Transaction Value
Mar 5, 2026 Neven Haltmayer SVP & GM, Video Business 167,141 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Neven Haltmayer SVP & GM, Video Business 165,690 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.63 per share 1,761,284.70
Mar 5, 2026 Neven Haltmayer SVP & GM, Video Business 13,622 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 19, 2026 Walter F. Jankovic Chief Financial Officer 152,745 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 19, 2026 Walter F. Jankovic Chief Financial Officer 136,289 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $10.68 per share 1,455,566.52
Feb 19, 2026 Walter F. Jankovic Chief Financial Officer 9,653 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 19, 2026 Walter F. Jankovic Chief Financial Officer 32,284 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 19, 2026 Walter F. Jankovic Chief Financial Officer 67,969 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 20, 2025 Neven Haltmayer SVP & GM, Video Business 29,258 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 20, 2025 Timothy C. Chu General Counsel & SVP, HR 123,423 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 20, 2025 Timothy C. Chu General Counsel & SVP, HR 119,455 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $9.56 per share 1,141,989.80
Nov 20, 2025 Timothy C. Chu General Counsel & SVP, HR 5,223 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 20, 2025 Timothy C. Chu General Counsel & SVP, HR 30,267 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Harmonic Inc. in the News