HARMONIC INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $360.5M | $488.2M | $388.5M | $625.0M | $507.1M |
| Gross profit | $174.7M | $240.1M | $178.1M | $315.9M | $259.7M |
| Operating income | $14.1M | $74.7M | $30.0M | $45.5M | $18.8M |
| Operating expenses | $160.7M | $165.4M | $148.1M | $270.4M | $240.9M |
| Cost of revenue | $185.8M | $248.1M | $210.4M | $309.1M | $247.4M |
| Cash from operations | $108.0M | $61.9M | $7.1M | $5.5M | $41.0M |
| Capital expenditure | $11.1M | $9.2M | $8.5M | $9.2M | $13.0M |
| Free cash flow | $96.9M | $52.7M | -$1.4M | -$3.8M | $28.0M |
| Share repurchases | $79.0M | $30.0M | $0 | $5.1M | $0 |
| Impairments | $1.6M | $12.0M | $0 | $0 | $0 |
| Total assets | $718.5M | $796.5M | $768.2M | $710.0M | $693.7M |
| Total liabilities | $335.2M | $331.2M | $331.3M | $385.5M | $396.9M |
Shares outstanding 108.5M · Free float 94.7%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.