Harmonic Inc. (HLIT) Stock

About Harmonic Inc.

Harmonic Inc. is led by CEO Nimrod Ben-Natan, employs 901 people, headquartered in US, publicly traded since 1995.

Harmonic Inc. (HLIT) stock trades at $10.05 with a market capitalization of $1.10B. The stock is valued at a negative price-to-earnings (P/E) ratio of -25.57, reflecting a net loss over the last twelve months, price-to-book of 3.21, price-to-sales of 2.33. Over the past 52 weeks the stock has ranged between $8.47 and $17.68, and currently trades 43.2% below its 52-week high.

On profitability, Harmonic Inc. generates a return on equity (ROE) of -12.23% (negative, reflecting a net loss), return on capital employed of 11.85%, an operating margin of 16.80%, a net profit margin of -9.51%.

Harmonic Inc. by the numbers, 2016–2025

Between 2016 and 2025 Harmonic Inc. reported revenue of $406.0M rising to $361.0M, a change of -11.1% across 10 years. Compounded, revenue has grown -1.0% a year over five years, -16.7% over three, -46.8% over the last twelve months. Net profit rose to $-43.0M.

Operating margin went from -16.5% in 2016 to 4.7% in 2025, a gain of 21.2 percentage points. The most recent net margin is -9.51%. On a trailing twelve-month basis to Jun '26, revenue is $500.0M and net profit $-42.0M.

Borrowings rose from $124.0M to $148.0M, cash from operations was $108.0M in the latest year, positive in 9 of the last 10.

Return on equity has averaged 5.9% over five years, and was -11.2% in the most recent year.

The share price itself has compounded at 13.4% a year over five years, -7.3% over three, 33.2% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Harmonic Inc. (HLIT) — frequently asked questions