HARMONIC INC.
Close on Oct 19, 2026
- Market cap
- $1.19B
- P/E (TTM)
- –
- Dividend yield
- –
About Harmonic
Radio & Tv Broadcasting & Communications Equipment, SIC 3663
Harmonic Inc. provides broadband access solutions and technical services to broadband, cable, and telecommunications operators. Following the divestiture of its video business, the company operates primarily through its Broadband segment. Its core offering is the cOS software-based broadband access platform, which enables operators to deliver high-speed data, voice, and video services using centralized, distributed, or hybrid architectures. The company also supplies complementary hardware devices, including distributed access architecture nodes, remote physical layer devices, optical line termination modules, and physical shelves. In addition, Harmonic delivers cloud-based subscription services through cOS Central, alongside professional services such as system design, integration, deployment, network maintenance, and technical support.
Harmonic serves network service providers globally, generating the majority of its revenue from the Americas, alongside business in Europe, the Middle East, Africa, and the Asia-Pacific region. The company maintains corporate operations and workforce presence in the United States, France, and Israel, and utilizes outsourced engineering resources located in Ukraine. Harmonic is headquartered in San Jose, California.
Summary of the business section of Harmonic's latest annual report, written by StockData.
Company profile
Company
- Legal name
- HARMONIC INC.
- Founded
- 1988
- Headquarters
- San Jose, CA
- Address
- 2590 Orchard Parkway 95131
- Phone
- (408) 542-2500
- Website
- harmonicinc.com
- Employees
- 534, Dec 31, 2025
- Industry
- Radio & Tv Broadcasting & Communications Equipment
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, San Jose, California
Stock & identifiers
- Ticker
- HLIT
- Exchange
- Nasdaq
- IPO date
- May 23, 1995
- Shares outstanding
- 109M, Aug 3, 2026
- Public float
- $654.60M, Jun 27, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Oct 15, 1999
- SEC CIK
- 851310
- CUSIP
- 413160102
- ISIN
- US4131601027
- LEI
- 549300LRGRD8XC9BTL66
- EIN
- 77-0201147
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Nimrod Ben-Natan | President and CEO, Director | 747,981 |
| Walter Jankovic | Chief Financial Officer | 166,839 |
| Ronald J. Glahn | SVP, Global Sales, Broadband | 44,463 |
| Timothy C. Chu | General Counsel & SVP, HR | 148,902 |
| Neven Haltmayer | SVP & GM, Video Business | 161,362 |
| Stephanie Copeland | Director | 20,752 |
| Patrick Gallagher | Director | 220,561 |
| Indraneel Dev | Director | – |
| Deborah Clifford | Director | 51,033 |
| Daniel T. Whalen | Director | 29,983 |
| Dana L. Crandall | Director | 25,052 |
| David Krall | Director | 239,268 |
| Mitzi Reaugh | Director | 292,273 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr Nimrod Ben Natan | $6.16M | $1.77M | $2.11M | $134 | $108 |
| FY2025 Mr Patrick Harshman | $0 | $0 | $2.11M | $134 | $108 |
| FY2024 Mr Nimrod Ben Natan | $8.43M | $9.17M | $2.08M | $170 | $103 |
| FY2024 Mr Patrick Harshman | $6.98M | $6.36M | $2.08M | $170 | $103 |
| FY2023 Mr Nimrod Ben Natan | $1.89M | $1.86M | $1.45M | $167 | $91 |
| FY2023 Mr Patrick Harshman | $5.10M | $4.97M | $1.45M | $167 | $91 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed a total of 534 full time employees, including 236 in research and development, 62 in sales, 80 in service and support, 45 in operations, 25 in marketing (corporate and product) and 86 in a general and administrative capacity.”
Corporate history
Events identified from SEC filings