Harmonic stock: growth
HLITHarmonic reported $360.52M in revenue for fiscal 2025, down 46.9% on the prior year, up 8.3% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | −1.0% | −0.4% | 2.0% |
| Revenue per share | −4.1% | −3.1% | −0.2% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | 69.3% | no data | 19.1% |
| Free cash flow per share | 64.0% | no data | 16.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $247.68M | $1.01M | $3.49M |
| 2007 | $311.2M | $23.42M | $29.49M |
| 2008 | $364.96M | $63.99M | $51.08M |
| 2009 | $319.57M | −$24.14M | $3M |
| 2010 | $423.34M | −$4.34M | −$17.79M |
| 2011 | $549.33M | $8.78M | $27.91M |
| 2012 | $530.46M | −$10.94M | $58.2M |
| 2013 | $461.94M | $37.03M | $39.18M |
| 2014 | $433.56M | −$46.25M | $37.3M |
| 2015 | $377.03M | −$15.66M | −$8.01M |
| 2016 | $405.91M | −$72.31M | −$14.67M |
| 2017 | $358.25M | −$82.96M | −$8.34M |
| 2018 | $403.56M | −$21.04M | $5.24M |
| 2019 | $402.87M | −$5.92M | $20.97M |
| 2020 | $378.83M | −$29.27M | $6.96M |
| 2021 | $507.15M | $13.25M | $28.04M |
| 2022 | $624.96M | $28.18M | −$3.77M |
| 2023 | $607.91M | $83.99M | −$1.42M |
| 2024 | $678.72M | $39.22M | $52.73M |
| 2025 | $360.52M | −$43.31M | $96.89M |
Revenue by segment
How Harmonic Inc. makes its money and how that has shifted. Names are as the company reports them.
- Product$267.0M74%
- Professional Services$35.7M10%
- Other$57.7M16%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies. The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Product | $267.05M | 74.1% |
| Professional Services | $35.74M | 9.9% |
| Other | $57.74M | 16% |
| Total revenue | $360.52M | 100% |
Revenue by region
Where Harmonic Inc. generates its revenue.
- Americas$320.6M89%
- EMEA$33.9M9%
- Asia Pacific$6.1M2%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Americas | $320.57M | 88.9% |
| EMEA | $33.89M | 9.4% |
| Asia Pacific | $6.06M | 1.7% |
| Total revenue | $360.52M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 27 Oct 2026)
- Valuation signal Undervalued since 8 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.