Technology
Harmonic Inc.(HLIT)
Live Price
Offline$15.08
+1.55% today
1Y Change
+61.73%
Window
Jun 25, 2025 โ Jun 22, 2026
- Market Cap
- $1.26B
- Revenue Growth
- -46.9%
- EPS Growth
- -211.8%
- Dividend Yield
- 0.0%
Coverage: 248 bars ยท Jun 25, 2025 โ Jun 22, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Harmonic Inc. (HLIT) is a Technology stock with a market cap of $1.26B and listed on NASDAQ. The stock last traded around $15.08 and up 61.7% across the available one-year price window (Jun 25, 2025 โ Jun 22, 2026). Baseline metrics include revenue growth of -46.9%, EPS growth of -211.8%, a dividend yield of 0.0%. What stands out right now is revenue -46.9%, EPS -211.8%, free cash flow +83.7% with operating margin 5.4% and ROIC 2.6%. Valuation is more restrained than many high-expectation growth names at price/sales 2.5. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines HLIT price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-46.9% vs +11.9% peer median
Operating Margin
Below sector median
+5.4% vs +22.0% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 27, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -46.9% and EPS is at -211.8%, with operating margin around 5.4%.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +1.7% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 27, 2026 | โ | -2.7% | +12.5% | +61.1% |
2026 Feb 19, 2026 | +40.0% | +1.6% | -1.9% | -13.7% |
2025 Nov 3, 2025 | +165.7% | -2.2% | -5.4% | -9.4% |
Benchmark Edge
HLIT vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
HLIT
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
HLIT Max Drawdown
-22.44%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for HLIT and SPY.
Company Overview
Harmonic Inc.
NASDAQ Global Select
Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a-service (SaaS) solutions, which enables the packaging and delivery of streaming services, including live streaming, video-on-demand, catch-up TV, start-over TV, network-DVR, and cloud-DVR services through HTTP streaming to various device along with dynamic and personal ad insertion. The Cable Access segment offers CableOS software-based cable access solutions; and CableOS central cloud services primarily to cable operators. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The company also provides technical support and professional services, such as maintenance and support, consulting, implementation, program management, technical design and planning, building and site preparation, integration and equipment installation, end-to-end system testing, and training. It sells its products through its direct sales force, as well as through independent resellers and systems integrators. The company was incorporated in 1988 and is headquartered in San Jose, California.
- Leadership
- Nimrod Ben-Natan
- IPO Date
- May 23, 1995
- Employees
- 901
- Street Address
- 2590 Orchard Parkway
- Mailing
- San Jose, CA, 95131
- Region
- San Jose, CA, US
- Reporting Currency
- USD
- Investor Line
- 408 542 2500
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- โ
- EV/EBITDA
- 33.5
- Price/Sales
- 2.5
- Price/Book
- 3.3
Growth
- Revenue
- -46.9%
- EPS
- -211.8%
- Free Cash Flow
- +83.7%
Profitability
- Gross Margin
- 53.9%
- Operating Margin
- 5.4%
- Net Margin
- -8.5%
- ROE
- -10.1%
- ROIC
- 2.6%
Balance Sheet
- Debt/Equity
- 0.39
- Current Ratio
- 2.50
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.