Harmonic/$HLIT
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Harmonic
Harmonic Inc engaged in broadband access solutions that enable broadband operators to more efficiently and effectively deploy high-speed internet for data, voice, and video services for their customers and versatile and high-performance video delivery software, products, system solutions and services that enable its customers to efficiently create, prepare, store, playout and deliver a full range of high-quality broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smartphones. It has two segments, Broadband which provides broadband access solutions and related services, and Others; and Video business provides video processing and production and playout solutions and services, and Others.
- Ticker
- $HLIT
- Sector
- Communication
- Primary listing
- NASDAQ
- Employees
- 552
- Headquarters
- San Jose, United States
- Website
- www.harmonicinc.com
Harmonic Metrics
BasicAdvanced
$1.2B
-
-$0.43
1.32
-
Price and volume
Market cap
$1.2B
Beta
1.32
52-week high
$17.68
52-week low
$8.47
Average daily volume
1.6M
Financial strength
Current ratio
3.047
Quick ratio
2.35
Long term debt to equity
0.336
Total debt to equity
0.361
Interest coverage (TTM)
14.95%
Profitability
EBITDA (TTM)
64.076
Gross margin (TTM)
50.01%
Net profit margin (TTM)
-10.62%
Operating margin (TTM)
11.98%
Effective tax rate (TTM)
45.10%
Revenue per employee (TTM)
$800,000
Management effectiveness
Return on assets (TTM)
4.70%
Return on equity (TTM)
6.55%
Valuation
Price to revenue (TTM)
2.519
Price to book
3.25
Price to tangible book (TTM)
3.91
Price to free cash flow (TTM)
20.744
Free cash flow yield (TTM)
4.82%
Free cash flow per share (TTM)
0.486
Growth
Revenue change (TTM)
-1.43%
Earnings per share change (TTM)
-174.04%
3-year revenue growth (CAGR)
-11.19%
10-year revenue growth (CAGR)
2.08%
3-year earnings per share growth (CAGR)
31.11%
10-year earnings per share growth (CAGR)
-4.97%
What the Analysts think about Harmonic
Analyst ratings (Buy, Hold, Sell) for Harmonic stock.
Analyst projections of the future price of Harmonic stock.
Bulls say / Bears say
Broadband revenue grew 54% year on year in Q2, and Harmonic raised its 2026 revenue outlook to $505–$525 million. Backlog and deferred revenue rose 71% to $587.6 million, with 73% expected to convert within 12 months, giving the near-term growth case added visibility. (Harmonic)
The completed Video business sale leaves Harmonic focused on broadband and provided $137.9 million in proceeds, helping fund investment in its remaining business. Cash stood at $231.9 million at the end of Q2. (Harmonic)
Customer concentration remains high: Harmonic’s two largest customers accounted for 63% of Q2 revenue. A spending pause or delayed deployment at either account could therefore have a marked effect on results. (StockTitan)
Margins face pressure from higher memory costs that Harmonic does not expect to pass on, with management including about $3 million per quarter of added costs in its second-half outlook. The Video sale also leaves about $10 million of stranded costs in the 2026 operating-profit forecast. (TradingKey)
Harmonic’s growth plan must adapt as its core DOCSIS market matures: management expects that market to flatten after a 2027–28 peak and is counting on fibre growth to offset it. That makes the pace of the fibre ramp an important execution risk. (Light Reading)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Harmonic Financial Performance
Revenues and expenses
Harmonic Earnings Performance
Company profitability
Upcoming events
No upcoming events
Harmonic News
AllArticlesVideos
Funds containing Harmonic
Fund name | Fund size | $HLIT weighting |
|---|---|---|
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.07% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.07% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.04% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.04% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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