Harmonic (HLIT) Financials

$11.78

$0.18 (1.51%)

As on 04-Sep-2026 17:04EDT

Market cap

$1,285 Mln

Revenue (TTM)

$496 Mln

P/E Ratio

49.1

P/B Ratio

3.6

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	495.77	360.52	678.72	607.91	624.96	507.15
Cost of Revenue	244.38	196.86	312.80	295.36	309.07	247.41
Gross Profit	251.39	163.66	365.92	312.55	315.88	259.74
Operating Expenses	192.64	146.63	302.79	290.37	270.37	240.93
Operating Profit (EBIT)	58.75	17.03	63.14	22.17	45.52	18.81
Other Income	--	--	--	--	--	0.69
Profit before Tax	53.37	8.86	57.93	19.14	44.49	8.87
Provision for Tax	22.18	7.65	18.72	-64.85	16.30	-4.38
Profit after Tax (Net Income)	-47.14	-43.31	39.22	83.99	28.18	13.25
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	28.18	13.25

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	360.35	383.25	465.26	436.87	324.51	296.80
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	135.37	137.29	163.68	58.94	63.44	172.43
Current Liabilities	136.93	197.95	167.57	272.39	322.07	224.46
Total Liabilities	769.58	718.48	796.51	768.21	710.02	693.69

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	215.46	224.11	430.43	437.47	364.72	370.56
Current Assets	417.19	494.37	366.08	330.73	345.30	323.13
Total Assets	769.58	718.48	796.51	768.21	710.02	693.69
Total Debt*	130.12	147.85	148.32	156.05	160.78	190.21
Net Current Assets	280.26	296.42	198.51	58.34	25.62	98.67

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	107.97	61.92	7.06	5.48	41.02
Cash Flow from Investing Activities	--	-11.08	-9.19	-8.48	-1.29	-12.98
Cash from Financing Activities	--	-81.39	-33.27	-4.99	-43.13	7.94
Net Cash Inflow / Outflow	--	--	--	--	--	35.98

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	-0.42	-0.38	0.33	0.73	0.24	0.12
Cash EPS ($)	--	-0.29	0.44	0.83	0.34	0.24
Adjusted Book Value ($)	--	3.39	3.95	3.78	2.77	2.69
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	0.96	0.53	0.06	0.05	0.37
Free Cash Flow per Share ($)	--	0.86	0.45	-0.01	-0.03	0.25

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-7.57	6.50	15.58	5.80	2.85
ROE (%)	-12.68	-10.21	8.69	22.06	9.07	4.78
ROA (%)	-5.46	-5.72	5.01	11.36	4.02	2.06
EBIT Margin (%)	6.87	3.51	9.61	3.65	7.90	3.84
Net Margin (%)	-9.51	-12.01	5.78	13.82	4.51	2.61
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	-28.05	-0.47	0.12	-0.03	0.23	0.34
EBIT Growth (%)	-67.33	-80.60	194.33	-55.11	153.35	232.55
Net Profit Growth (%)	-168.66	-210.44	-53.31	198.04	112.63	145.28
EPS Growth (%)	-171.19	-2.15	-0.54	2.02	1.00	1.41
Book Value Growth (%)	-16.47	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	49.08	-25.80	39.71	17.96	54.53	98.02
Price / Book Value	3.57	2.92	3.35	3.45	4.74	4.38
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	18.94	48.07	20.72	71.28	26.08	41.66
Close Price ($)	16.33	9.89	13.23	13.04	13.10	11.76
High Price ($)	17.68	13.68	15.46	18.43	15.80	12.22
Low Price ($)	7.80	7.80	9.10	8.80	8.25	6.69
Market Cap ($ Cr)	1,284.80	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	0.30	0.39	0.32	0.36	0.50	0.64
Short term debt to equity ratio	0.02	0.02	0.03	0.29	0.39	0.17
Current Ratio	3.05	2.50	2.18	1.21	1.07	1.44
Quick Ratio	2.56	2.26	1.80	0.91	0.70	1.12
Interest Coverage	15.26	3.33	8.91	8.22	9.80	1.83

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	18.13	24.38	26.86	24.07	18.24	19.05
Asset Turnover	0.57	0.48	0.87	0.82	0.89	0.79
Receivable days	--	136.87	88.42	78.20	61.55	62.17
Inventory Days	--	103.76	86.40	126.71	113.53	78.41
Payable days	--	54.12	43.09	65.55	77.93	64.94
Cash Conversion Cycle	--	186.50	131.72	139.36	97.16	75.65

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.