Harmonic Inc. (HLIT) — Financial statements
Income statement, balance sheet, and cash flow for Harmonic Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 361↓46.9% | 679↑11.6% | 608↓2.7% | 625↑23.2% | 507 | |
| Cost of Revenue | 197↓37.1% | 313↑5.9% | 295↓4.4% | 309↑24.9% | 247 | |
| Gross Profit | 164↓55.3% | 366↑17.1% | 313↓1.1% | 316↑21.6% | 260 | |
| Operating Expenses | ||||||
| R&D Expenses | 65↓46.1% | 121↓4.2% | 126↑5.0% | 120↑17.7% | 102 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 167↑14.0% | 146 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00↑100.0% | -3↓561.3% | 0.70 | 0.00 | |
| SG&A Expenses | 81↓46.9% | 153↓6.2% | 163↑11.3% | 147↑6.3% | 138 | |
| Other Expenses | 0.00↓100.0% | 29↑3445.9% | 0.81↓75.8% | 3↑441.5% | 0.62 | |
| Operating Expenses | 147↓51.6% | 303↑4.3% | 290↑7.4% | 270↑12.2% | 241 | |
| Total Costs & Expenses | 343↓44.2% | 616↑5.1% | 586↑1.1% | 579↑18.7% | 488 | |
| Operating Results | ||||||
| Operating Income | 17↓73.0% | 63↑184.8% | 22↓51.3% | 46↑142.0% | 19 | |
| Depreciation & Amortization | 11↓8.7% | 12↓0.9% | 12↓0.0% | 12↓6.1% | 13 | |
| EBITDA | 28↓63.7% | 77↑127.0% | 34↓44.7% | 62↑89.4% | 33 | |
| EBIT | 17↓73.9% | 65↑198.8% | 22↓55.8% | 49↑153.3% | 19 | |
| Interest & Other Income | ||||||
| Net Interest Income | -4↑48.1% | -7↓171.7% | -3↑46.5% | -5↑52.6% | -11 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 4↓48.1% | 7↑171.7% | 3↓46.5% | 5↓52.6% | 11 | |
| Non-Operating Income | 0.00↑100.0% | -2↓733.7% | 0.34↑108.6% | -4↓463.9% | -0.69 | |
| Other Income / Expenses | -8↓57.0% | -5↓71.7% | -3↓193.1% | -1↑89.6% | -10 | |
| Income Before Tax | 9↓84.7% | 58↑202.7% | 19↓57.0% | 44↑401.5% | 9 | |
| Income Tax Expense | 8↓59.2% | 19↑128.9% | -65↓497.8% | 16↑472.0% | -4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1↓96.9% | 39↓53.3% | 84↑198.0% | 28↑112.6% | 13 | |
| Net Income from Discontinued Operations | -45 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -43↓210.4% | 39↓53.3% | 84↑198.0% | 28↑112.6% | 13 | |
| Bottom-Line Net Income | -43↓210.4% | 39↓53.3% | 84↑198.0% | 28↑112.6% | 13 | |
| EPS (Basic) | -0.38↓211.8% | 0.34↓54.7% | 0.75↑177.8% | 0.27↑107.7% | 0.13 | |
| EPS (Diluted) | -0.38↓215.2% | 0.33↓54.2% | 0.72↑188.0% | 0.25↑108.3% | 0.12 | |
| Weighted Average Shares | 114↓1.3% | 115↑3.1% | 112↑6.3% | 105↑3.5% | 101 | |
| Weighted Average Diluted Shares | 114↓2.8% | 117↑0.1% | 117↑4.4% | 112↑5.8% | 106 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.