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HLITHarmonic Inc

NASDAQ · Technology · Communication Equipment

$11.65

-$0.07 (-0.60%)

Harmonic Inc (HLIT) is a communication equipment company listed on NASDAQ. It is led by Nimrod Ben-Natan, based in 2590 Orchard Parkway, San Jose, CA, United States, 95131, with about 521 employees. Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company provides software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators, an end-to-end solution consisting of virtualized cloud-native software; hardware products include Oyster, Ripple and SeaStar DAA nodes; Reef and Wave PHY shelf products; pebble remote PHY Devices; and fin, pearl and pier OLT modules and devices; and cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. It also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. It also serves cable and telco operators. The company was incorporated in 1988 and is headquartered in San Jose, California.

Latest reported HLIT revenue for 2026-07-03 was $255.2M. Net income was $5.0M. Revenue was up 91.2% from 2026-07-03 to 2026-07-03. HLIT currently screens at market cap $1.59B and trailing P/E 182.6.

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About Harmonic Inc

Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company provides software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators, an end-to-end solution consisting of virtualized cloud-native software; hardware products include Oyster, Ripple and SeaStar DAA nodes; Reef and Wave PHY shelf products; pebble remote PHY Devices; and fin, pearl and pier OLT modules and devices; and cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers. It also provides technical support and professional services, such as maintenance and support, consulting, implementation, integration services, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training, as well as SaaS-related support and deployment. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. It also serves cable and telco operators. The company was incorporated in 1988 and is headquartered in San Jose, California.

HLIT Key Statistics

Market Cap

$1.59B

Volume

36,184

Previous Close

$12.31

Day Range

$12.25$12.37

P/E Ratio

182.63

0

EPS

-$0.38

Revenue

$360.52M

Net Income

-$43.31M

Gross Profit

$174.75M

Free Cash Flow

$119.05M

Revenue Growth

-46.9%

Profit Margin

-12.0%

Debt to Equity

0.00

Employees

521

HLIT Financials

Annual income statement in USD. Latest reported periods first.

HLIT annual income statement across FY2025, FY2024
LineFY2025FY2024
Revenue$360.52M$678.72M
Cost of Revenue$185.78M$312.80M
Gross Profit$174.75M$365.92M
Operating Income$14.08M$63.14M
Net Income-$43.31M$39.22M
EPS (Diluted)-$0.38$0.33

Total Assets

$718.48M

Total Debt

$0.00

Shareholders' Equity

$383.25M

Cash & Equivalents

$124.11M

Operating Cash Flow

$107.97M

Free Cash Flow

$119.05M

Harmonic Inc Company Information

President, CEO & Director
Nimrod Ben-Natan
Headquarters
2590 Orchard Parkway, San Jose, CA, United States, 95131
Phone
408 542 2500
IPO / Founded
1995-05-22
Industry
Communication Equipment
Data Updated:

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