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NASDAQ · Technology

Harmonic Inc. (HLIT)

Harmonic Inc. brought in $502.2M of revenue over the twelve months to October 2, 2026, up 70.9% from a year earlier. It posted a net loss of $35.2M. Operating cash flow minus capital spending left $96.9M of free cash flow in fiscal 2025. At October 2, 2026 it held $142.8M in cash against $34.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.

Free, no password. An email when HLIT files with the SEC.

Price
$10.23
+7.57% on the day · November 9, 2026
52-week range $8.47 to $17.68
Market cap
$1.1B
Revenue (last 12 months)
$502.2M
+70.9% year on year
Net margin
-7.0%

Key facts about Harmonic Inc.

Net worth
Harmonic Inc. has a market value (market cap) of $1.1B at the latest share price, and shareholders' equity of $375.6M on its balance sheet at October 2, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $360.5M (-26.2% year on year), with a net loss of $43.3M. Over the 12 months to October 2, 2026: revenue $502.2M, net loss $35.2M.
Cash flow
In fiscal 2025 operations brought in $108M of cash; after $11.1M of capital spending, free cash flow was $96.9M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to October 2, 2026. Open on SEC EDGAR
Next earnings report
Harmonic Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What Harmonic Inc. does

Harmonic Inc. is registered with the SEC under industry code SIC 3663 (Radio & Tv Broadcasting & Communications Equipment). Its shares trade on NASDAQ under the ticker HLIT.

Revenue and profit by year

Revenue
FY18: $403.6M $403.6M FY18FY19: $402.9M $402.9M FY19FY20: $378.8M $378.8M FY20FY21: $507.1M $507.1M FY21FY22: $625M $625M FY22FY23: $388.5M $388.5M FY23FY24: $488.2M $488.2M FY24FY25: $360.5M $360.5M FY25
Net income
FY18: -$21M -$21M FY18FY19: -$5.9M -$5.9M FY19FY20: -$29.3M -$29.3M FY20FY21: $13.3M $13.3M FY21FY22: $28.2M $28.2M FY22FY23: $84M $84M FY23FY24: $39.2M $39.2M FY24FY25: -$43.3M -$43.3M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$360.5M$14.1M-$43.3M-$0.38$96.9M
2024$488.2M$74.7M$39.2M$0.33$52.7M
2023$388.5M$30M$84M$0.72-$1.4M
2022$625M$45.5M$28.2M$0.25-$3.8M
2021$507.1M$18.8M$13.3M$0.12$28M
2020$378.8M-$12.4M-$29.3M-$0.30$7M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 18, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 19, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where HLIT ranks in Technology

Revenue$360.5M
#357 of 751 in Technology · Top 47%
Revenue growth-26.2%
#585 of 604 in Technology · Bottom 3%
Net margin-12.0%
#446 of 611 in Technology · Bottom 27%
Free cash flow margin26.9%
#86 of 568 in Technology · Top 15%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Harmonic Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 6, 2026
    Quarterly report 10-Q · period to October 2, 2026Revenue rose 64% to $148.8M versus the same quarter last year; diluted EPS $0.13 versus $0.02.
  2. November 6, 2026
  3. November 2, 2026
  4. August 17, 2026
    Quarterly report 10-Q · period to July 3, 2026Revenue rose 54% to $133.5M versus the same quarter last year; diluted EPS -$0.02 versus $0.03.
  5. August 12, 2026
  6. August 12, 2026
  7. June 17, 2026
  8. June 8, 2026
  9. June 5, 2026
  10. May 28, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 19, 2026. Insider transactions on SEC

What is HLIT worth? A DCF from its reported cash flow

Insider trades

What the people running Harmonic Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 12 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
October 15, 2026 Glahn Ronald JSVP, Global Sales, Broadband Exercised options 3,750 - - Form 4
October 15, 2026 Glahn Ronald JSVP, Global Sales, Broadband Shares withheld for tax 1,031 $10.58 $10.9K Form 4
September 11, 2026 Ben-Natan NimrodPresident and CEO, Director Exercised options 20,032 - - Form 4
September 11, 2026 Jankovic WalterChief Financial Officer Exercised options 1,457 - - Form 4
September 11, 2026 Jankovic WalterChief Financial Officer Shares withheld for tax 732 $12.00 $8.8K Form 4
August 15, 2026 Glahn Ronald JSVP, Global Sales, Broadband Exercised options 4,038 - - Form 4
August 15, 2026 Glahn Ronald JSVP, Global Sales, Broadband Shares withheld for tax 1,111 $13.92 $15.5K Form 4
August 15, 2026 Chu Timothy CGeneral Counsel & SVP, HR Exercised options 9,876 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns HLIT

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Portfolio Management13G, passive 5.64% 6,225,133 April 29, 2026
Vanguard Capital Management13G, passive 5% 5,517,292 April 30, 2026

Latest filings below 5%: The Vanguard Group 0% (March 27, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 258 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.18,004,412$294M-1,160,837
Vanguard Portfolio Management LLC5,389,426$88M-745,127
State Street Corp5,147,739$84.1M+286,787
Vanguard Capital Management LLC4,770,651$77.9M+70,297
Arrowstreet Capital, Limited Partnership3,291,847$53.8M+1,095,378
American Century Companies Inc3,215,450$52.5M+2,001,215
Dimensional Fund Advisors LP2,918,817$47.7M-754,581
First Eagle Investment Management, LLC2,892,266$47.2M+1,711,390
Geode Capital Management, LLC2,853,280$46.6M+59,032
Morgan Stanley2,139,718$34.9M+452,300
Trigran Investments, Inc.1,897,838$31M-1,318,997
D. E. Shaw & Co., Inc.1,881,400$30.7M-1,220,496
Two Sigma Investments, LP1,733,447$28.3M+1,563,536
Renaissance Technologies LLC1,724,427$28.2M+671,500
Leeward Investments, LLC - MA1,665,067$27.2M-34,635
Silverberg Bernstein Capital Management LLC1,309,257$21.4M-18,198
Northern Trust Corp1,186,522$19.4M-7,754
Nuveen, LLC1,143,896$18.7M-223,805
Systematic Financial Management LP1,100,266$18M-37,481
Charles Schwab Investment Management Inc1,051,381$17.2M+9,343

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

9 insiders reported holding 1,587,321 shares in total, about $16.2M at the last price.

HolderSharesAs of
Ben-Natan NimrodPresident and CEO, Director 747,981 September 11, 2026
Krall DavidDirector 239,268 February 15, 2026
Jankovic WalterChief Financial Officer 166,839 September 11, 2026
Haltmayer NevenSVP & GM, Video Business 161,362 June 16, 2026
Chu Timothy CGeneral Counsel & SVP, HR 148,902 August 15, 2026
Glahn Ronald JSVP, Global Sales, Broadband 47,182 October 15, 2026
Whalen Daniel TDirector 29,983 February 15, 2026
Crandall Dana LDirector 25,052 February 15, 2026
Copeland StephanieDirector 20,752 May 14, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about HLIT

What does Harmonic Inc. do?

Harmonic Inc. is a company in the Technology sector, listed on NASDAQ as HLIT. Its shares trade on NASDAQ under the ticker HLIT.

What is Harmonic Inc.'s net worth?

Harmonic Inc. has a market value (market cap) of $1.1B at the latest share price, and shareholders' equity of $375.6M on its balance sheet at October 2, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Harmonic Inc. profitable?

No. Over the twelve months to October 2, 2026 it reported a net loss of $35.2M on revenue of $502.2M.

How much revenue does Harmonic Inc. make?

Over the twelve months to October 2, 2026 Harmonic Inc. reported revenue of $502.2M. That is 70.9% more than a year earlier.

When did Harmonic Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to October 2, 2026.

When is Harmonic Inc.'s next earnings report?

Harmonic Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Harmonic Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.