NASDAQ:HLIT
Harmonic Inc.
Harmonic Inc.'s revenue fell 26.2% in fiscal 2025 to $360.5M while operating margin fell to 3.9%. Free cash flow was $96.9M, 26.9% of revenue, and the diluted share count fell 2.8%.Summary generated from Harmonic Inc.'s SEC filings. Latest annual report filed Feb 24, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$360.5M
Revenue growth−26.2%
Revenue, 5-yr CAGR−1.0%
Gross margin48.5%
Operating margin3.9%
Net margin−12.0%
ROIC1.7%
Return on equity−10.2%
Debt / equity0.29
Free cash flow$96.9M
FCF margin26.9%
Share count change−2.8%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 507 | 625 | 388 | 488 | 361 |
| Operating income | 19 | 46 | 30 | 75 | 14 |
| Net income | 13 | 28 | 84 | 39 | −43 |
| Free cash flow | 28 | −4 | −1 | 53 | 97 |
Recent filings
- 4Insider transaction report
Sep 15, 2026 - 4Insider transaction report
Sep 15, 2026 - 10-QQuarterly report for the period ended Jul 3, 2026
Aug 17, 2026 - 8-KResults of operations and financial condition
Aug 12, 2026 - 8-KCompletion of an acquisition or disposition
Jun 17, 2026 - 8-KRegulation FD disclosure
Jun 8, 2026 - 8-KResults of a shareholder vote
Jun 5, 2026 - 10-QQuarterly report for the period ended Apr 3, 2026
May 13, 2026