HLIT
HARMONIC INC.
NASDAQ · Technology · Communication Equipment · US
$9.90
−2.85%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 502.2M | 360.5M | 678.7M | 607.9M | 625.0M |
| Cost of Revenue | 248.0M | 196.9M | 312.8M | 295.4M | 309.1M |
| Gross Profit | 254.2M | 163.7M | 365.9M | 312.5M | 315.9M |
| Operating Expenses | |||||
| R&D Expense | 82.7M | 65.2M | 121.0M | 126.3M | 120.3M |
| SG&A Expense | 97.0M | 81.4M | 153.1M | 163.3M | 146.7M |
| General & Admin Expense | 27.3M | — | — | 166.5M | 146.0M |
| Selling & Marketing Expense | — | — | — | (3.2M) | 700.0K |
| Other Expenses | 530.0K | — | 28.7M | 809.0K | 3.3M |
| Total Operating Expenses | 180.2M | 146.6M | 302.8M | 290.4M | 270.4M |
| Cost and Expenses | 428.2M | 343.5M | 615.6M | 585.7M | 579.4M |
| Operating Income (EBIT) | 74.0M | 17.0M | 63.1M | 22.2M | 45.5M |
| Non-Operating | |||||
| Interest Income | 231.0K | — | — | — | — |
| Interest Expense | 2.6M | 3.8M | 7.3M | 2.7M | 5.0M |
| Net Interest Income | (2.3M) | (3.8M) | (7.3M) | (2.7M) | (5.0M) |
| Other Non-Op Income/Expense | (3.6M) | (8.2M) | (5.2M) | (3.0M) | (1.0M) |
| Non-Operating Income (excl Interest) | 1.0M | 4.4M | (2.1M) | 335.0K | (3.9M) |
| EBT (Pre-Tax Income) | 70.4M | 8.9M | 57.9M | 19.1M | 44.5M |
| Income Tax Expense | 23.8M | 7.6M | 18.7M | (64.9M) | 16.3M |
| Bottom Line | |||||
| Net Income | (35.2M) | (43.3M) | 39.2M | 84.0M | 28.2M |
| Earnings from Cont. Ops | 46.6M | 1.2M | 39.2M | 84.0M | 28.2M |
| Earnings from Discont. Ops | (81.8M) | (44.5M) | — | — | — |
| Bottom Line Net Income | (35.2M) | (43.3M) | 39.2M | 84.0M | 28.2M |
| Per Share | |||||
| Basic EPS | ($0.31) | ($0.38) | $0.34 | $0.75 | $0.27 |
| Diluted EPS | ($0.30) | ($0.38) | $0.33 | $0.72 | $0.25 |
| Revenue Per Share | $4.60 | $3.17 | $5.90 | $5.44 | $5.95 |
| Shares | |||||
| Basic Shares Outstanding | 109.1M | 113.7M | 115.1M | 111.7M | 105.1M |
| Diluted Shares Outstanding | 110.3M | 114.2M | 117.5M | 117.4M | 112.4M |
| Profitability Metrics | |||||
| EBITDA | 84.2M | 23.7M | 77.4M | 34.1M | 61.7M |
| D&A | 11.2M | 11.1M | 12.1M | 12.3M | 12.3M |
| EBIT | 73.0M | 12.7M | 65.3M | 21.8M | 49.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Oct 1, 2026