FY2025 · ended Dec 31, 2025 · Revenue $360.52M, -26.2% YoY · Filed Feb 24, 2026
Harmonic Inc. (HLIT) files with the SEC under industry code 3663, Radio & Tv Broadcasting & Communications Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $360.5 million and a net loss of $43.3 million. Free cash flow was $96.9 million. As of Jul 3, 2026 it held $123.9 million in cash and investments and $133.3 million in total debt.
Revenue
$360.52M
-26.2% vs prior year
Net income
$-43.31M
-210.4% vs prior year
Operating cash flow
$107.97M
+74.4% vs prior year
Free cash flow
$96.89M
+83.7% vs prior year
EPS
$-0.38
-215.2% vs prior year
Dividend per share
None
Shares outstanding
110.24M
-5.8% vs prior year
Net cash
$-9.34M
as of Jul 3, 2026
Operating margin
3.9%
FY 2025
Company profile
- Industry
- Radio & Tv Broadcasting & Communications Equipment (SIC 3663)
- Listed as
- HLIT (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Jose, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 851310
- Former names
- HARMONIC INC (until Aug 4, 2025); HARMONIC LIGHTWAVES INC (until Feb 16, 1999)
Other Radio & Tv Broadcasting & Communications Equipment companies
- Qualcomm INC/DE QCOM
- Motorola Solutions, Inc. MSI
- Nokia Corp NOK
- Ericsson LM Telephone Co ERIC
- Ubiquiti Inc. UI
- Planet Labs PBC PL
- Ondas Inc. ONDS
- Vistance Networks, Inc. VISN
All 26 Radio & Tv Broadcasting & Communications Equipment companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $360.5M | $488.2M | $388.5M | $625.0M | $507.1M |
| Operating income | $14.1M | $74.7M | $30.0M | $45.5M | $18.8M |
| Net income | -$43.3M | $39.2M | $84.0M | $28.2M | $13.3M |
| Diluted EPS | -$0.38 | $0.33 | $0.72 | $0.25 | $0.12 |
| Operating cash flow | $108.0M | $61.9M | $7.1M | $5.5M | $41.0M |
| Free cash flow | $96.9M | $52.7M | -$1.4M | -$3.8M | $28.0M |
| Total assets | $718.5M | $796.5M | $768.2M | $710.0M | $693.7M |
| Total liabilities | $335.2M | $331.2M | $331.3M | $385.5M | $396.9M |
| Stockholders' equity | $383.2M | $465.3M | $436.9M | $324.5M | $295.9M |
| Cash and investments | $124.1M | $101.5M | $84.3M | $89.6M | $133.4M |
| Total debt | $133.2M | $134.7M | $25.8M | $46.8M | $54.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 2, 2026 | Nov 2, 2026 |
| 10-Q | Quarterly report | Aug 17, 2026 | Jul 3, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 12, 2026 | Aug 12, 2026 |
| 8-K |
Current report
Acquisition or sale of assets, Officer or director change
|
Jun 17, 2026 | Jun 16, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Jun 8, 2026 | Jun 8, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 5, 2026 | Jun 4, 2026 |
All 1002 Harmonic Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.