Harmonic Inc.
Harmonic Inc. (HLIT) Financial Performance & Income Statement Overview
Explore the financials of Harmonic Inc. (HLIT), including yearly and quarterly data on income, cash flow, and balance sheets.
Harmonic Inc. (HLIT) Income Statement & Financial Overview
Review Harmonic Inc. HLIT income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $133.13M | $222.17M | $195.76M | $138.74M |
| Cost of Revenue | $54.56M | $97.52M | $91.02M | $68.51M |
| Gross Profit | $78.57M | $124.65M | $104.73M | $70.23M |
| Gross Profit Ratio | $0.59 | $0.56 | $0.54 | $0.51 |
| R&D Expenses | $31.35M | $31.41M | $30.07M | $25.56M |
| SG&A Expenses | $37.10M | $38.59M | $35.85M | $39.82M |
| Operating Expenses | $68.45M | $71.78M | $69.31M | $65.38M |
| Total Costs & Expenses | $123.008M | $169.30M | $160.33M | $133.89M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $2.49M | $2.69M | $1.42M |
| Depreciation & Amortization | $3.12M | $2.97M | $2.86M | $3.23M |
| EBITDA | $10.13M | $61.56M | $34.35M | -$11.79M |
| EBITDA Ratio | $0.08 | $0.28 | $0.18 | -$0.08 |
| Operating Income | $10.13M | $52.87M | $35.42M | $4.85M |
| Operating Income Ratio | $0.08 | $0.24 | $0.18 | $0.03 |
| Other Income/Expenses (Net) | -$1.65M | $3.23M | -$6.62M | -$805000.00 |
| Income Before Tax | $8.48M | $56.10M | $28.81M | -$16.43M |
| Income Before Tax Ratio | $0.06 | $0.25 | $0.15 | -$0.12 |
| Income Tax Expense | $2.54M | $17.98M | $7.09M | -$3.90M |
| Net Income | $5.94M | $38.12M | $21.72M | -$12.53M |
| Net Income Ratio | $0.04 | $0.17 | $0.11 | -$0.09 |
| EPS | $0.05 | $0.33 | $0.19 | -$0.11 |
| Diluted EPS | $0.05 | $0.32 | $0.19 | -$0.11 |
| Weighted Avg Shares Outstanding | $116.32M | $116.62M | $116.40M | $115.03M |
| Weighted Avg Shares Outstanding (Diluted) | $117.02M | $117.48M | $117.36M | $115.03M |
The company's financials show resilient growth, with revenue advancing from $138.74M in Q2 2024 to $133.13M in Q1 2025. Gross profit remained healthy with margins at 59% in Q1 2025 compared to 51% in Q2 2024. Operating income hit $10.13M last quarter, sustaining a consistent 8% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $10.13M. Net income dropped to $5.94M, while earnings per share reached $0.05. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan