HLIT · Harmonic Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $443.88M | $360.52MG | $488.2MG | $388.48MG | $624.96MG | $507.15M | $378.83M | $402.87M | $403.56M | $358.25M | $405.91M | $377.03M | $433.56M | $461.94M | $476.87M | $490.87M | $423.34M | $319.57M | $364.96M | |
| — | $221.9M | $185.78M | $248.09M | $210.36M | $309.07M | $247.41M | $183.83M | $179.86M | $194.35M | $188.43M | $205.16M | $174.32M | $221.21M | $241.5M | $256.34M | $254.06M | $227.94M | $185.21M | $187.43M | |
| — | $221.98M | $174.75M | $240.11M | $178.12M | $315.88M | $259.74M | $195M | $223.01M | $209.21M | $169.82M | $200.75M | $202.71M | $212.35M | $220.45M | $220.53M | $236.82M | $195.4M | $134.36M | $177.53M | |
| — | — | 48.47% | 49.18% | 45.85% | 50.54% | 51.22% | 51.47% | 55.36% | 51.84% | 47.4% | 49.46% | 53.77% | 48.98% | 47.72% | 46.25% | 48.24% | 46.16% | 42.04% | 48.64% | |
| — | $80.75M | $76.33M | $72.57M | $69.71M | $120.31M | $102.23M | $82.49M | $84.61M | $89.16M | $95.98M | $98.4M | $87.55M | $93.06M | $99.94M | $102.63M | $99.31M | $77.2M | $61.44M | $54.47M | |
| — | $88.04M | $81.38M | $79.17M | $78.27M | $146.72M | $138.09M | $119.61M | $119.04M | $118.95M | $136.27M | $144.38M | $120.96M | $131.32M | $134.01M | $127.12M | $127.08M | $108.15M | $81.14M | $83.12M | |
| — | — | — | — | $0 | $0 | $507K | $3.97M | $8.32M | $8.37M | $3.14M | $10.4M | $6.5M | $20.52M | $27.33M | $29.2M | $30.42M | $17.43M | $11.9M | $639K | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $15.2M | $13.9M | $10M | $8.7M | — | |
| — | — | — | $15.97M | $809K | $3.34M | — | — | $4.53M | $3.78M | $6.59M | $18M | $1.37M | $2.76M | $1.42M | $0 | $0 | -$2.99M | — | — | |
| — | $170.1M | $160.67M | $165.37M | $148.09M | $270.37M | $240.93M | $207.45M | $209.93M | $214.22M | $240.7M | $267.79M | $215.66M | $233.92M | $243.47M | $238.45M | $235.31M | $190.26M | $146.4M | $138.23M | |
| — | $51.88M | $14.08M | $74.73M | $30.03M | $45.52M | $18.81M | -$12.45M | $13.08M | -$5.01M | -$70.88M | -$67.04M | -$12.95M | -$21.57M | -$23.02M | -$17.92M | $1.51M | $5.14M | -$12.04M | $39.31M | |
| — | — | 3.91% | 15.31% | 7.73% | 7.28% | 3.71% | -3.29% | 3.25% | -1.24% | -19.78% | -16.51% | -3.43% | -4.98% | -4.98% | -3.76% | 0.31% | 1.21% | -3.77% | 10.77% | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -$2.72M | $15.41M | $15.14M | -$3.34M | — | |
| — | $3.56M | $3.8M | $6.47M | $2.7M | $5.04M | $10.63M | $11.51M | $11.65M | $11.4M | — | — | — | — | — | — | — | — | — | — | |
| — | $43K | — | — | — | — | — | — | — | — | — | — | — | $132K | $219K | $515K | $374K | $1.08M | $3.18M | $9.22M | |
| — | -$3.79M | -$5.22M | -$3.2M | -$2.18M | -$1.03M | -$9.94M | -$12.41M | -$13.98M | -$11.94M | -$13.83M | -$13.39M | -$3.12M | -$224K | -$128K | $222K | -$514K | -$785K | -$881K | -$2.55M | |
| — | $48.09M | $8.86M | $71.54M | $27.85M | $44.49M | $8.87M | -$26.22M | -$6.6M | -$16.95M | -$84.71M | -$80.43M | -$16.07M | -$21.8M | -$23.15M | -$17.7M | $1.37M | $5.44M | -$9.74M | $45.97M | |
| — | $21.69M | $7.65M | $20.82M | -$60.49M | $16.3M | -$4.38M | $3.05M | -$672K | $4.09M | -$1.75M | -$8.12M | -$407K | $24.45M | -$44.74M | -$1.51M | -$651K | $9.77M | $14.4M | -$18.02M | |
| — | -$47.14M | -$43.31M | $39.22M | $83.99M | $28.18M | $13.25M | -$29.27M | -$5.92M | -$21.04M | -$82.96M | -$72.31M | -$15.66M | -$46.25M | $37.03M | -$10.94M | $8.78M | -$4.34M | -$24.14M | $63.99M | |
| — | — | -12.01% | 8.03% | 21.62% | 4.51% | 2.61% | -7.73% | -1.47% | -5.21% | -23.16% | -17.82% | -4.15% | -10.67% | 8.02% | -2.29% | 1.79% | -1.02% | -7.55% | 17.53% | |
| — | -$48.52M | -$35.85M | $30.83M | $87.97M | $21.77M | $4.13M | -$20.35M | -$7.77M | -$25.63M | -$72.3M | -$75.17M | -$18.1M | -$48.02M | $37.28M | -$10.53M | $8.62M | -$5.01M | — | — | |
| USD/shares | — | -$0.41 | -$0.38 | $0.34 | $0.75 | $0.27 | $0.13 | -$0.30 | -$0.07 | — | — | — | -$0.18 | -$0.50 | $0.35 | -$0.09 | $0.08 | -$0.04 | -$0.25 | $0.68 |
| USD/shares | $0.44 – $0.53 | -$0.41 | -$0.38G | $0.33G | $0.72G | $0.25G | $0.12 | -$0.30 | -$0.07 | — | — | — | -$0.18 | -$0.50 | $0.34 | -$0.09 | $0.08 | -$0.04 | -$0.25 | $0.67 |
| shares | — | — | 113.66M | 115.12M | 111.65M | 105.08M | 101.48M | 96.97M | 89.58M | 85.62M | 80.97M | 77.71M | 87.51M | 92.51M | 106.53M | 116.46M | 115.18M | 101.49M | 95.83M | 94.54M |
| shares | — | — | 114.18M | 117.48M | 117.36M | 112.38M | 106.17M | 96.97M | 89.58M | 85.62M | 80.97M | 77.71M | 87.51M | 92.51M | 107.81M | 116.46M | 116.43M | 101.49M | 95.83M | 95.43M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $419.37M in buybacks, $0 in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 16 similar-size Communication Equipment companies (of 39 listed).
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Broadband Segment | $488,200,000 | $388,482,000 | $350,768,000 | $218,642,000 | $136,321,000 | — | — |
| Video Segment | $190,522,000 | $219,425,000 | $274,189,000 | $288,507,000 | $242,510,000 | — | — |
| Cable Access | — | — | — | — | — | $124,846,000 | $89,730,000 |
| Video | — | — | — | — | — | $278,028,000 | $313,828,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Americas | $320,570,000 | $449,346,000 | $335,154,000 | — | — | — | — | — |
| EMEA | $33,894,000 | $36,420,000 | $50,994,000 | — | — | — | — | — |
| Asia Pacific | $6,059,000 | $2,434,000 | $2,334,000 | — | — | — | — | — |
| United States | — | $421,679,000 | — | $393,991,000 | $282,912,000 | $191,854,000 | $202,272,000 | $181,965,000 |
| International | — | — | — | — | — | $186,977,000 | $200,602,000 | $221,593,000 |
| Non Us | — | $66,521,000 | — | $230,966,000 | $224,237,000 | — | — | — |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Appliance Integration | $302,787,000 | $433,795,000 | $334,029,000 | — | — | $252,014,000 | $275,797,000 | $287,564,000 |
| Product | $267,048,000 | $410,939,000 | $298,559,000 | $423,858,000 | $343,406,000 | — | — | — |
| SaaS Service | $57,736,000 | $54,405,000 | $54,453,000 | — | — | $126,817,000 | $127,077,000 | $115,994,000 |
| Professional Services | $35,739,000 | $22,856,000 | $35,470,000 | $49,948,000 | $26,361,000 | — | — | — |
| SaaS | — | $56,211,000 | $50,888,000 | $34,665,000 | $21,266,000 | — | — | — |
| Support Services | — | $115,133,000 | $121,141,000 | $116,486,000 | $116,116,000 | — | — | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Broadband Segment | $118,354,000 | $64,575,000 | $52,283,000 | $15,599,000 | $11,651,000 | — | — |
| Video Segment | $2,756,000 | -$8,741,000 | $22,322,000 | $28,460,000 | $1,326,000 | — | — |
| Cable Access | — | — | — | $15,599,000 | $11,651,000 | $22,171,000 | -$1,756,000 |
| Video | — | — | — | $28,460,000 | $1,326,000 | $15,837,000 | $26,170,000 |
Operating Margin by Segment (%)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Broadband Segment | 24.2% | 16.6% | 14.9% | 7.1% | 8.5% | — | — |
| Video Segment | 1.4% | -4% | 8.1% | 9.9% | 0.5% | — | — |
| Cable Access | — | — | — | — | — | 17.8% | -2% |
| Video | — | — | — | — | — | 5.7% | 8.3% |