HLITNasdaqRadio & Tv Broadcasting & Communications EquipmentFiscal year ends December 31
HARMONIC INC.
Financials through Q2 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Aug 17, 2026
$10.83+0.14 (+1.31%)
Close on Oct 19, 2026
- Market cap
- $1.19B
- P/E (TTM)
- –
- Dividend yield
- –
Harmonic statistics
Financials through Jul 3, 2026, price as of Oct 19, 2026, median of Radio & Tv Broadcasting & Communications Equipment companies for comparison
Valuation
| Measure | Harmonic | Industry median |
|---|---|---|
| Market Cap | $1.18B | $525.27M |
| Enterprise Value | $1.06B | $589.69M |
| PB Ratio | 3.28 | 3.15 |
| P/TBV Ratio | 3.95 | 3.96 |
| P/FCF Ratio | 852.84 | 31.00 |
| P/OCF Ratio | 120.55 | 24.99 |
Enterprise value
| Measure | Harmonic | Industry median |
|---|---|---|
| EV / EBITDA | 24.00 | 22.85 |
| EV / EBIT | 24.00 | 28.85 |
| EV / FCF | 765.30 | 31.48 |
Income (trailing twelve months)
| Measure | Harmonic | Industry median |
|---|---|---|
| Gross Profit | $155.88M | $96.76M |
| Operating Income | $44.16M | -$1.02M |
| Pretax Income | $38.70M | $931.00K |
| Net Income | -$47.14M | -$2.96M |
| EBITDA | $44.16M | $794.00K |
| EPS (Diluted) | -$0.42 | -$0.01 |
Returns
| Measure | Harmonic | Industry median |
|---|---|---|
| Return on Equity (ROE) | -11.7% | 0.52% |
| Return on Assets (ROA) | -6.66% | -2.56% |
| Return on Invested Capital (ROIC) | 6.54% | 1.40% |
| Return on Capital Employed (ROCE) | 8.91% | -0.15% |
Growth
| Measure | Harmonic | Industry median |
|---|---|---|
| Net Income Growth (YoY) | -168.7% | 14.4% |
| EPS Growth (YoY) | -171.2% | 18.8% |
| FCF Growth (YoY) | -98.8% | 14.3% |
| Revenue Growth (3Y CAGR) | -16.8% | 1.67% |
| Revenue Growth (5Y CAGR) | -0.99% | 6.96% |
Balance sheet
| Measure | Harmonic | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $231.86M | $95.33M |
| Total Debt | $110.61M | $153.58M |
| Net Cash (Debt) | $121.25M | $9.42M |
| Net Cash Per Share | $1.11 | $0.26 |
| Equity (Book Value) | $360.35M | $203.20M |
| Book Value Per Share | $3.30 | $5.17 |
| Tangible Book Value | $299.25M | $69.18M |
| Working Capital | $280.26M | $157.77M |
Financial position
| Measure | Harmonic | Industry median |
|---|---|---|
| Current Ratio | 3.05 | 2.34 |
| Quick Ratio | 2.35 | 1.30 |
| Debt / Equity | 0.31 | 0.33 |
| Debt / EBITDA | 2.50 | 2.33 |
| Debt / FCF | 79.86 | 2.55 |
| Net Debt / EBITDA | -2.75 | 0.47 |
| Interest Coverage | 13.66 | -0.03 |
Cash flow (trailing twelve months)
| Measure | Harmonic | Industry median |
|---|---|---|
| Operating Cash Flow | $9.80M | $3.66M |
| Capital Expenditures | -$8.41M | -$17.61M |
| Free Cash Flow | $1.39M | $3.59M |
| FCF Per Share | $0.01 | $0.17 |
Efficiency
| Measure | Harmonic | Industry median |
|---|---|---|
| Inventory Turnover | 2.74 | 3.09 |
| Profits Per Employee | -$88.27K | -$9.66K |
| Employee Count | 534 | 534 |
Dividends and yields
| Measure | Harmonic | Industry median |
|---|---|---|
| Earnings Yield | -3.99% | -1.04% |
| FCF Yield | 0.12% | 0.65% |
| Buyback Yield | 6.08% | 0.33% |
| Shareholder Yield | 6.08% | 0.79% |
Shares
| Measure | Harmonic | Industry median |
|---|---|---|
| Shares Outstanding | 109,066,000 | 50,117,600 |
| Shares Change (YoY) | -4.08% | 2.21% |
| Shares Change (QoQ) | 0.50% | 0.46% |
| Float | 106,918,000 | 49,945,100 |
| Shares Held by Insiders | 1.97% | 5.28% |
| Shares Held by Institutions | 86.8% | 67.4% |
Taxes
| Measure | Harmonic | Industry median |
|---|---|---|
| Income Tax | $19.60M | $3.23M |
| Effective Tax Rate | 50.6% | 18.1% |
Scores
| Measure | Harmonic | Industry median |
|---|---|---|
| Altman Z-Score | -1.31 | 2.84 |
| Piotroski F-Score | 3 | 5 |
Calculated by StockData from Harmonic's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.