HARMONIC INC. (HLIT)

10.09 -0.2 (-1.94%)

As of 2025-10-16 17:34:22 EST

Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the Internet.

Traded asNasdaq: HLIT
ISINUS4131601027
CIK0000851310
LEI549300LRGRD8XC9BTL66
EIN770201147
Sector
IndustryRadio & Tv Broadcasting & Communications Equipment
CEO
Employees1,700
Fiscal Year End1231
Address2590 ORCHARD PARKWAY, SAN JOSE, CA, 95131
Phone(408) 542-2500
Website
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
HLITHARMONIC INC.2025-10-16 17:34:2210.09-0.2-1.94
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
HLIT0000851310HARMONIC INC.US4131601027549300LRGRD8XC9BTL66770201147Nasdaq3663Radio & Tv Broadcasting & Communications Equipment1231DE2590 ORCHARD PARKWAYSAN JOSECA95131UNITED STATESUS(408) 542-25002590 ORCHARD PARKWAY, SAN JOSE, CA, 951312590 ORCHARD PARKWAY, SAN JOSE, CA, 95131HARMONIC INC1,700743,900,000113,389,000113,759,524Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the Internet.2025-10-10 21:08:23
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HLIT Stock Price (End-of-Day)
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HLIT Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2024743,900,000-515,500,000-40.9322117,052,8845,144,0354.5966
20231,259,400,000860,800,000215.9558111,908,849838,1710.7546
2022398,600,00023,500,0006.265111,070,6787,334,0187.0698
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Nimrod Ben-NatanSenior Vice President2018323,5500713,304114,71787,0171,238,588
Neven HaltmayerSenior Vice President2018329,3210479,211128,21628,387965,135
Patrick J. HarshmanCEO, President2018514,50001,064,200739,55124,8232,343,074
Sanjay KalraChief Financial Officer2018320,00075,000473,846127,33528,1731,024,354
Tim WarrenSenior Vice President2018301,7260468,528124,7539,500904,507
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Employee Count
Fiscal YearEmployee Count
20241,240
20231,359
20221,340
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Income Statements
Fiscal Year202420232022
Revenue678,722,000607,907,000624,957,000
Cost Of Revenue312,801,000295,362,000309,073,000
Gross Profit365,921,000312,545,000315,884,000
Research And Development Expenses120,975,000126,282,000120,307,000
General And Administrative Expenses153,124,000163,282,000146,717,000
Operating Expenses302,785,000290,373,000270,365,000
Operating Income63,136,00022,172,00045,519,000
Net Income39,217,00083,994,00028,182,000
Earnings Per Share Basic0.340.750.27
Earnings Per Share Diluted0.330.720.25
Weighted Average Shares Outstanding Basic115,120,000111,651,000105,080,000
Weighted Average Shares Outstanding Diluted117,482,000117,359,000112,378,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents101,457,00084,269,00089,586,000
Marketable Securities Current
Accounts Receivable178,013,000141,531,000108,427,000
Inventories64,004,00083,982,000120,949,000
Non Trade Receivables
Other Assets Current4,219,0003,789,0005,558,000
Total Assets Current366,076,000330,732,000345,299,000
Marketable Securities Non Current
Property Plant And Equipment26,823,00036,683,00039,814,000
Other Assets Non Current33,292,00036,117,00061,697,000
Total Assets Non Current430,430,000437,474,000364,719,000
Total Assets796,506,000768,206,000710,018,000
Accounts Payable35,250,00038,562,00067,455,000
Deferred Revenue47,069,00046,217,00062,383,000
Short Term Debt4,941,0004,918,0004,756,000
Other Liabilities Current72,440,00061,024,00066,724,000
Total Liabilities Current167,569,000272,394,000322,072,000
Long Term Debt114,278,00015,413,00015,917,000
Other Liabilities Non Current28,174,00029,478,00028,169,000
Total Liabilities Non Current163,679,00058,938,00063,440,000
Total Liabilities331,248,000331,332,000385,512,000
Common Stock117,000112,000110,000
Retained Earnings-1,953,495,000-1,962,575,000-2,046,569,000
Accumulated Other Comprehensive Income-14,097,000-5,706,000-9,686,000
Total Shareholders Equity465,258,000436,874,000324,506,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization12,139,00012,255,00012,260,000
Share Based Compensation Expense28,073,00027,329,00025,212,000
Other Non Cash Income Expense
Change In Accounts Receivable38,241,00035,473,00023,136,000
Change In Inventories-8,374,000-35,403,00054,431,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable-3,107,000-29,358,0005,837,000
Change In Other Liabilities7,018,000-12,442,0008,145,000
Cash From Operating Activities61,917,0007,059,0005,476,000
Purchases Of Marketable Securities06,305,000
Sales Of Marketable Securities06,305,000
Acquisition Of Property Plant And Equipment9,186,0008,475,0009,250,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-9,186,000-8,475,000-1,288,000
Tax Withholding For Share Based Compensation7,514,0009,493,0006,301,000
Payments Of Dividends000
Issuance Of Common Stock
Repurchase Of Common Stock30,047,00005,133,000
Issuance Of Long Term Debt115,000,000
Repayment Of Long Term Debt
Other Financing Activities6,628,0006,558,0007,092,000
Cash From Financing Activities-33,269,000-4,990,000-43,133,000
Change In Cash17,520,000-5,317,000-43,845,000
Cash At End Of Period101,457,00084,269,00089,586,000
Income Taxes Paid27,308,00018,128,0009,036,000
Interest Paid6,283,0001,626,0003,796,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share0.340.750.27
Price To Earnings Ratio38.911817.386748.5185
Earnings Growth Rate-54.6667177.7778107.6923
Price Earnings To Growth Ratio-0.71180.09780.4505
Book Value Per Share4.04153.91293.0882
Price To Book Ratio3.27353.33264.242
Ebitda85,990,000117,073,00054,518,000
Enterprise Value1,540,799,6001,391,991,0401,307,635,000
Dividend Yield000
Dividend Payout Ratio000
Debt To Equity Ratio0.25620.04650.0637
Capital Expenditures2,279,0009,124,0009,353,000
Free Cash Flow59,638,000-2,065,000-3,877,000
Return On Equity0.08430.19230.0868
One Year Beta1.1191.01980.9634
Three Year Beta0.99111.04230.9946
Five Year Beta1.00320.99130.9546
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Ben-Natan NimrodDirector, President and CEO2025-09-1120,032A512,519
Ben-Natan NimrodDirector, President and CEO2025-09-1120,032D140,224
Jankovic WalterChief Financial Officer2025-09-111,457A98,546
Jankovic WalterChief Financial Officer2025-09-11732D97,814
Haltmayer NevenSVP & GM, Video Business2025-09-012,724A174,653
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Ellsworth Advisors, LLC2025-09-305,103,596498,39810.24
CWM, LLC2025-09-30288,00028,26210.1904
Pacer Advisors, Inc.2025-09-305,546,125544,80610.18
Inspire Investing, LLC2025-09-30456,11444,80510.18
YOUSIF CAPITAL MANAGEMENT, LLC2025-09-30356,91135,06010.18
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap FundCFSLX4,86946,839.780.0098
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap Select FundCFSSX28,898277,998.760.0194
Pacer Funds Trust2025-07-31Pacer US Small Cap Cash Cows Growth Leaders ETFCAFG8,63273,458.320.4048
Pacer Funds Trust2025-07-31Pacer US Small Cap Cash Cows ETFCALF655,0825,574,747.820.1393
Tidal Trust III2025-07-31Intech S&P Small-Mid Cap Diversified Alpha ETFSMDX27,997238,254.470.2972
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