HARMONIC INC.
HLITNasdaq
$12.03
↓ -1.4%Jul 17 close · end-of-day
Price
1Y↑ +31.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.3B
Enterprise Value
$1.3B
P/E
—
P/S
3.3
P/B
3.7
EV/EBITDA
34.7
PEG
—
FCF Yield
3.4%
Dividend Yield
—
Revenue (TTM)
$397.3M
Net Income (TTM)
$2.6M
Free Cash Flow (TTM)
$45.4M
Gross Margin
48.3%
Operating Margin
6.9%
Net Margin
0.7%
ROE
0.7%
ROIC
3.9%
Debt / Equity
0.3
Net Cash
-$2.3M
Return 1Y
+28.8%
Company profile
Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The Video segment sells video processing, production, and playout solutions and services. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services.
- CEO
- Patrick J. Harshman
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 1,340
- Headquarters
- California
- Website
- harmonicinc.com
Management & directors
- Glahn Ronald JSVP, Global Sales, Broadband
- Haltmayer NevenSVP & GM, Video Business
- Ben-Natan NimrodPresident and CEO
- Jankovic WalterChief Financial Officer
- Chu Timothy CGeneral Counsel & SVP, HR
Roles derived from SEC Form 4 filings.
Earnings
HLIT Q1 2026 Earnings
Period ends 2026-04-03
MetricActualYoY
Revenue$121.7M↑ +43.4%
Diluted EPS$0.07↑ +40.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $378.8M | $507.1M | $625.0M | $388.5M | $488.2M | $360.5M |
| Gross profit | $195.0M | $259.7M | $315.9M | $178.1M | $240.1M | $174.7M |
| Operating income | -$12.4M | $18.8M | $45.5M | $30.0M | $74.7M | $14.1M |
| Net income | -$29.3M | $13.3M | $28.2M | $84.0M | $39.2M | $1.2M |
| Diluted EPS | -$0.30 | $0.12 | $0.25 | $0.72 | $0.33 | -$0.38 |
| Operating cash flow | $39.2M | $41.0M | $5.5M | $7.1M | $61.9M | $108.0M |
| Free cash flow | $7.0M | $28.0M | -$3.8M | -$1.4M | $52.7M | $96.9M |
| Gross margin | 51.5% | 51.2% | 50.5% | 45.9% | 49.2% | 48.5% |
| Operating margin | -3.3% | 3.7% | 7.3% | 7.7% | 15.3% | 3.9% |
| Net margin | -7.7% | 2.6% | 4.5% | 21.6% | 8.0% | 0.3% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $138.7M | $195.8M | $31.6M | $84.9M | $138.0M | $142.4M | -$4.8M | $121.7M |
| Gross profit | $73.5M | $104.7M | -$1.2M | $46.5M | $73.8M | $77.1M | -$22.7M | $63.6M |
| Operating income | -$15.6M | $35.4M | $64.5M | $7.0M | $3.9M | $9.8M | -$6.6M | $20.4M |
| Net income | -$12.5M | $21.7M | $38.1M | $5.9M | $2.9M | $2.7M | -$10.3M | $7.3M |
| Diluted EPS | -$0.11 | $0.19 | $0.32 | $0.05 | $0.03 | $0.02 | -$0.48 | $0.07 |
| Operating cash flow | -$22.2M | $8.7M | $48.5M | $83.6M | -$11.7M | $23.8M | $12.3M | $31.7M |
| Free cash flow | -$24.1M | $5.7M | $46.2M | $81.7M | -$15.5M | $21.0M | $9.6M | $30.3M |
| Gross margin | 52.9% | 53.5% | -3.7% | 54.8% | 53.5% | 54.2% | 475.6% | 52.3% |
| Operating margin | -11.3% | 18.1% | 203.7% | 8.3% | 2.8% | 6.9% | 139.5% | 16.8% |
| Net margin | -9.0% | 11.1% | 120.5% | 7.0% | 2.1% | 1.9% | 216.0% | 6.0% |
Company news
Jun 30, 2026
Jun 25, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-15 | Glahn Ronald J· SVP, Global Sales, Broadband | Tax withholding | 1,031 | $12.99 | $13,392.69 | filing |
| 2026-07-15 | Glahn Ronald J· SVP, Global Sales, Broadband | Option exercise | 3,750 | $0.00 | $0.00 | filing |
| 2026-06-16 | Haltmayer Neven· SVP & GM, Video Business | Tax withholding | 23,751 | $14.80 | $351,514.80 | filing |
| 2026-06-16 | Haltmayer Neven· SVP & GM, Video Business | Option exercise | 44,600 | $0.00 | $0.00 | filing |
| 2026-06-11 | Jankovic Walter· Chief Financial Officer | Tax withholding | 732 | $14.51 | $10,621.32 | filing |
| 2026-06-11 | Jankovic Walter· Chief Financial Officer | Option exercise | 1,457 | $0.00 | $0.00 | filing |
| 2026-06-11 | Ben-Natan Nimrod· President and CEO | Option exercise | 20,032 | $0.00 | $0.00 | filing |
| 2026-06-01 | Haltmayer Neven· SVP & GM, Video Business | Tax withholding | 1,452 | $15.81 | $22,956.12 | filing |
| 2026-06-01 | Haltmayer Neven· SVP & GM, Video Business | Option exercise | 2,725 | $0.00 | $0.00 | filing |
| 2026-05-22 | Jankovic Walter· Chief Financial Officer | Tax withholding | 3,335 | $15.20 | $50,692.00 | filing |
| 2026-05-22 | Jankovic Walter· Chief Financial Officer | Option exercise | 6,645 | $0.00 | $0.00 | filing |
| 2026-05-15 | Jankovic Walter· Chief Financial Officer | Tax withholding | 9,099 | $12.54 | $114,101.46 | filing |
| 2026-05-15 | Haltmayer Neven· SVP & GM, Video Business | Tax withholding | 6,057 | $12.54 | $75,954.78 | filing |
| 2026-05-15 | Chu Timothy C· General Counsel & SVP, HR | Tax withholding | 3,475 | $12.54 | $43,576.50 | filing |
| 2026-05-15 | Glahn Ronald J· SVP, Global Sales, Broadband | Tax withholding | 1,111 | $12.54 | $13,931.94 | filing |
| 2026-05-15 | Jankovic Walter· Chief Financial Officer | Option exercise | 19,785 | $0.00 | $0.00 | filing |
| 2026-05-15 | Glahn Ronald J· SVP, Global Sales, Broadband | Option exercise | 4,038 | $0.00 | $0.00 | filing |
| 2026-05-15 | Chu Timothy C· General Counsel & SVP, HR | Option exercise | 9,876 | $0.00 | $0.00 | filing |
| 2026-05-15 | Haltmayer Neven· SVP & GM, Video Business | Option exercise | 11,373 | $0.00 | $0.00 | filing |
| 2026-05-15 | Ben-Natan Nimrod· President and CEO | Option exercise | 26,196 | $0.00 | $0.00 | filing |
| 2026-05-14 | Copeland Stephanie | Sale | 4,300 | $13.31 | $57,211.50 | filing |
| 2026-05-13 | Haltmayer Neven· SVP & GM, Video Business | Sale | 31,766 | $13.24 | $420,604.08 | filing |
| 2026-04-15 | Glahn Ronald J· SVP, Global Sales, Broadband | Tax withholding | 1,042 | $9.88 | $10,294.96 | filing |
| 2026-04-15 | Glahn Ronald J· SVP, Global Sales, Broadband | Option exercise | 3,750 | $0.00 | $0.00 | filing |
| 2026-03-11 | Jankovic Walter· Chief Financial Officer | Tax withholding | 513 | $9.34 | $4,791.42 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.