Harmonic Inc. (HLIT) stock
Close on Nov 13, 2026Market cap $1.13BP/E –Yield –
Harmonic Inc. grew revenue 70.9% to $502.23M over the twelve months to Oct 2, 2026. Operating income fell 1.0% to $74.01M, moving the operating margin from 25.4% to 14.7%. Free cash flow was $27.73M, down 79.2% from a year earlier. At the latest close the market valued the company at $1.13B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Oct 2, 2026
Valuation
- Market cap
- $1.13B
- P/E ratio
- –
- Price to sales
- 2.25
- Price to book
- 3.00
- Dividend yield
- –
- Free cash flow yield
- 2.46%
Fundamentals
- Revenue
- $502.23M
- Net income
- -$35.19M
- EPS, diluted
- -$0.31
- Free cash flow
- $27.73M
- Book value per share
- $3.41
- Diluted shares
- 110M
Trading
- Next earnings
- Feb 18, 2027 (estimated, during market hours)
- Previous close
- $10.47
- Open
- $10.45
- Day's range
- $10.11 – $10.46
- Volume
- 853,602
- Average volume (20 days)
- 1,599,643
- Index membership
- S&P SmallCap 600, Russell 2000, Russell 3000
- Beta (5 years)
- 1.13
- 52-week range
- $8.46 – $17.68
- RSI (14 days)
- 48.9
- Volatility (1 year)
- 54.2%
- Relative volume
- 0.55×
- WACC
- 10.6%
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | HLIT | S&P 500 | Difference | HLIT per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -1.8% | -3.0% | +1.2 pts | ||
| 3 months | -20.9% | -2.8% | −18.2 pts | ||
| Year to date | +4.6% | +11.5% | −6.9 pts | ||
| 1 year | +7.6% | +13.5% | −5.9 pts | ||
| 3 years | -2.5% | +77.7% | −80.2 pts | -0.9% | +21.1% |
| 5 years | -4.0% | +72.6% | −76.6 pts | -0.8% | +11.5% |
| 10 years | +111.0% | +308.2% | −197.1 pts | +7.8% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Harmonic filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Results
- Update
About Harmonic
Radio & Tv Broadcasting & Communications Equipment
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.
Company profile, executives and historyHarmonic stock: common questions
What is Harmonic's stock price?
HLIT closed at $10.34 on Nov 13, 2026, down 1.24% on the day. Over the past 52 weeks it traded between $8.46 and $17.68.
What is Harmonic's market cap?
Harmonic was worth $1.13B at the close on Nov 13, 2026: the share price times the diluted shares outstanding.
What is HLIT's P/E ratio?
Harmonic lost money over the twelve months to Oct 2, 2026 (diluted EPS -$0.31), so it has no meaningful P/E ratio.
How much revenue does Harmonic make?
Harmonic reported revenue of $502.23M for the twelve months to Oct 2, 2026, up 70.9% from a year earlier.
Does Harmonic pay a dividend?
No. Harmonic has not paid a cash dividend over the last twelve months.
When does Harmonic report earnings next?
Harmonic is expected to report Q4 FY2026 results on Feb 18, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has HLIT stock performed over the past year?
Including dividends, HLIT returned +7.6% over the past year, against +13.5% for the S&P 500.
How many HLIT shares are sold short?
7M shares were sold short at the latest FINRA report, 6.32% of the float, or 4.7 days of average trading volume.
Who are Harmonic's competitors?
Companies most similar to Harmonic by business, industry and size include CRNT, AVNW, GILT, PL, VISN.
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