Harmonic Inc. (HLIT)

Nasdaq: HLIT · Radio & Tv Broadcasting & Communications Equipment · San Jose, CA · filing with the SEC since 1996

Grade4.6

◀ Past 4.8● Present 4.9▶ Future 4.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 24, 2026	Feb 14, 2025	Feb 16, 2024	Feb 28, 2023	Feb 28, 2022	Mar 2, 2021	Mar 2, 2020	Mar 1, 2019	Mar 5, 2018	Mar 3, 2017
Revenue	360,523	488,200^r	388,482^r	624,957	507,149	378,831	402,874	403,558	358,246	405,911
Cost of revenue	185,778	248,093^r	210,361^r	309,073	247,407	183,834	179,862	194,349	188,426	205,161
Gross profit	174,745	240,107^r	178,121^r	315,884	259,742	194,997	223,012	209,209	169,820	200,750
Research and development	76,329	72,574^r	69,708^r	120,307	102,231	82,494	84,614	89,163	95,978	98,401
Selling, general and administrative	81,384	79,169^r	78,274^r	146,717	138,085	119,611	119,035	118,952	136,270	144,381
Total operating expenses	160,665	165,373^r	148,092^r	270,365	240,933	207,446	209,929	214,220	240,697	267,786
Operating income	14,080	74,734^r	30,029^r	45,519	18,809	-12,449	13,083	-5,011	-70,877	-67,036
Interest expense	3,799	6,465^r	2,027^r	5,040	10,625	11,509	11,651	11,401	10,619	10,094
Interest and investment income	·	·	·	·	·	·	-11,651	-11,401	-11,078	-10,628
Other income (expense), net	-1,420	3,267^r	-157^r	4,006	687	-897	-2,333	-536	-2,222	-31
Total non-operating income (expense)	-5,219	-3,198^r	-2,184^r	-1,034	-9,938	-12,406	-13,984	-11,937	-13,830	-13,394
Income before income taxes	8,861	71,536^r	27,845^r	44,485	8,871	-26,217	-6,596	-16,948	-84,707	-80,430
Income tax expense	7,645	20,818^r	-60,493^r	16,303	-4,383	3,054	-672	4,087	-1,752	-8,116
Income from continuing operations	1,216	50,718	88,338	·	·	·	·	·	·	·
Income from discontinued operations	-44,526	-11,501	-4,344	·	·	·	·	·	·	·
Net income	-43,310	39,217	83,994	28,182	13,254	-29,271	-5,924	-21,035	-82,955	-72,314
Earnings per share, basic	-0.38	0.34	0.75	0.27	0.13	-0.30	-0.07	·	·	·
Earnings per share, diluted	-0.38	0.33	0.72	0.25	0.12	-0.30	-0.07	·	·	·
Earnings per share, basic and diluted	·	·	·	·	·	-0.30	-0.07	-0.25	-1.02	-0.93
Weighted average shares, basic	113,660	115,120	111,651	105,080	101,484	96,971	89,575	·	·	·
Weighted average shares, diluted	114,182	117,482	117,359	112,378	106,171	96,971	89,575	·	·	·
Weighted average shares, basic and diluted	·	·	·	·	·	96,971	89,575	85,615	80,974	77,705

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
us-gaap:InterestExpenseDebt

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton HLIT · research, not advice