HLIT logo

HARMONIC INC

HLITNASDAQ
πŸ† #2370 by market capEarnings Nov 2US Equity
$295.04β–Ό $1.15 (βˆ’0.39%)
Simulated price
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🏦Market Cap
$1.17B
Small Cap
πŸ“ˆRevenue Growth (YoY)
-28.1%
Declining
πŸ“ŠGross Margin
42.7%
Healthy
πŸ’΅FCF Margin
12.3%
Healthy
βš–οΈP/S Ratio
2.4x
Cheap
Otter Score
68
Fair
No chart data available for HLIT.

Trading Snapshot

Day Range
$290.60 – $297.84
52-Week Range
$8.47 – $17.68
Volume
$4.49B
Avg Volume
$3.45B
Shares Outstanding
108.5M
Next Earnings
Oct 30, 2026

Fundamentals Snapshot

Annual Revenue
$361M
Last Q Revenue
$133M
P/E Ratio
β€”
P/S Ratio
2.4x
EPS (TTM)
$-0.42
Dividend Yield
β€”
Dilution (1yr)
βˆ’4.0%

Why Investors Own HLIT

  • βœ“High-growth profile β€” revenue up +46.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 64% gross margin and 26% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

HLIT logo

HARMONIC INC

HLIT
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$361Mβ–Ό βˆ’46.9% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
45.4%β–Ό βˆ’15.8% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$17Mβ–Ό βˆ’73.0% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$97Mβ–² +83.7% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
113.0Mβ–Ό βˆ’4.0% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$24Mβ–² +$23M YoY
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About HARMONIC INC

Harmonic Inc., along with its affiliated entities, operates globally, delivering advanced software, hardware, system solutions, and related services for video content distribution. The company's business activities are structured into two main divisions: Video and Cable Access. The Video division furnishes comprehensive solutions for video processing, content production, and playout. Its customer base includes cable operators, satellite and telecommunications Pay-TV providers, as well as broadcast and a variety of media companies, specifically those involved in streaming. This segment offers dedicated video processing equipment, which encompasses network management and application software, complemented by hardware components such as encoders, video servers, high-density stream processing units, and edge processors. Furthermore, it provides Software-as-a-Service (SaaS) platforms that enable the bundling and transmission of diverse streaming content – including live streams, video-on-demand, catch-up TV, start-over TV, network-based digital video recording (DVR), and cloud-based DVR services. These services are delivered via HTTP streaming to a multitude of devices and incorporate dynamic, personalized advertising insertion capabilities. The Cable Access division specializes in offering CableOS software-centric cable access solutions and CableOS central cloud services, primarily targeting cable operators. Ultimately, Harmonic's product suite empowers its clients to create, manage, store, broadcast, and stream a wide spectrum of video services to end-user devices, including televisions, personal computers, laptops, tablets, and smartphones. Beyond its core offerings, the company provides a range of technical support and professional services. These include ongoing maintenance and support, expert consulting, system implementation, project oversight, technical design and planning, site preparation, integration, equipment installation, thorough system testing, and user training. The company distributes its products both through its internal sales team and indirectly via independent resellers and systems integrators. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
68/100

Analyst Ratings

β“˜
Consensus
Buy
13 analysts
Strong Buy2
Buy7
Hold3
Sell0
Strong Sell1
Ratings as of Sep 2026

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