10.23
+7.57%
Close of 9 Nov 2026, in USD
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About Harmonic
From its filings with the US Securities and Exchange Commission
Harmonic is based in San Jose, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker HLIT. The SEC classifies its business as radio & tv broadcasting & communications equipment. In the fiscal year to 31 December 2025, it reported revenue of $360.5m and a net loss of $43.3m. At that date it held total assets of $718.5m and shareholders' equity of $383.2m. By business, ApplianceIntegration[Member] brought in 84.0% of revenue, followed by SaaSService[Member] at 16.0%.
We are a leading global provider of broadband access solutions that enable broadband operators to more efficiently and effectively deploy high-speed internet for data, voice and video services for their customers.
Our Broadband business provides broadband access solutions and related services, including our cOS software-based broadband access solution, to broadband operators globally.
We derived approximately 89% of our revenue from the Americas in 2025. The Europe, Middle East and Africa (“EMEA”) and Asia Pacific (“APAC”) regions accounted for 9% and 2% of our 2025 revenue, respectively.
On December 8, 2025, the Company entered into a Put Option Agreement (the "Put Option Agreement") to sell its Video business to Leone Media Inc. (d/b/a MediaKind) (the “Buyer”). Under the Put Option Agreement, the Buyer has irrevocably provided the Company with the right to require the Buyer to purchase the Company's Video business for a purchase price of $145 million in cash (the "Disposition"). The purchase price is subject to a potential adjustment based on the amount, on the date the Disposition is consummated, of net working capital of the Video business, the cash and debt of the entities to be sold in the Disposition, as well as the amount of specified selling expenses. In accordance with the authoritative guidance for discontinued operations (Accounting Standards Codification (ASC) 205-20), the Company determined that the Disposition of the Video business met the held-for-sale and discontinued operations accounting criteria upon execution of the Put Option Agreement.
Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Communications Equipment
- Listed since
- 22 May 1995
- Employees
- 534
- Website
- harmonicinc.com ↗
- Head office
- 2590 ORCHARD PARKWAY, SAN JOSE, CA, 95131
- Incorporated in
- DE
- Classification
- Radio & Tv Broadcasting & Communications Equipment
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Patrick GallagherIndependent Chairman of the Board$279,503
- Mr. Nimrod Ben-NatanPresident, Chief Executive Officer, Director, since 2007$8.4m
- Mr. Walter JankovicChief Financial Officer$3.1m
- Mr. Timothy ChuGeneral Counsel, Senior Vice President of Human Resources, Corporate Secretary$1.7m
- Mr. Neven HaltmayerSenior Vice President, General Manager - Video Business$2.2m
- Ms. Deborah CliffordIndependent Director$242,595
- Ms. Stephanie CopelandIndependent Director$133,092
- Ms. Dana CrandallIndependent Director$133,092
- Mr. Neel DevIndependent Director$119,795
- Mr. David KrallIndependent Director$233,107
- Mr. Daniel WhalenIndependent Director$103,229
- Mr. David HanoverInvestor Relations, since 2020
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 84
- Environment
- 87
- Social
- 90
- Governance
- 74
- Direct emissions (scope 1)
- 889 t
- Energy emissions (scope 2)
- 4,783 t
- Value chain emissions (scope 3)
- 393,316 t
- Women in the workforce
- 19.8%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Harmonic Inc has a strong brand reputation and recognition in the industry, which helps in attracting customers and business partnerships.
- The company offers a diverse range of innovative and high-quality products that cater to the needs of various customers in the entertainment and media industry.
- Harmonic Inc has a well-established distribution network that allows them to effectively reach their target market and distribute their products globally.
- The company has a highly skilled and experienced workforce that contributes to the development and delivery of cutting-edge technology solutions.
Weaknesses
- Harmonic Inc relies heavily on a limited number of key customers, which makes them vulnerable to potential losses if any of these major customers sever their relationships.
- The company faces intense competition in the industry, which puts pressure on their pricing and market share.
- Harmonic Inc may have slower decision-making processes due to its large organizational structure, leading to potential inefficiencies.
- The company has a dependence on external suppliers for certain components, which can pose supply chain risks and potential disruptions.
Opportunities
- The growing demand for high-quality video streaming services presents an opportunity for Harmonic Inc to further expand its customer base and sales.
- The company can capitalize on emerging technologies, such as virtual reality and augmented reality, by developing new products or integrating their existing offerings.
- Expanding into new geographical markets where there is a rising demand for advanced video delivery solutions can help Harmonic Inc increase its market presence.
- Strategic partnerships or acquisitions with complementary companies can provide access to new technologies and markets, enhancing Harmonic Inc's competitive position.
Threats
- The rapidly changing technology landscape and evolving consumer preferences pose a risk of obsolescence for Harmonic Inc's products if they fail to adapt quickly enough.
- Increasing competition from both established players and new entrants in the industry may erode Harmonic Inc's market share and pricing power.
- Economic downturns or fluctuations in consumer spending can impact the demand for entertainment and media services, affecting Harmonic Inc's sales and profitability.
- The company faces potential intellectual property disputes or patent infringement claims from competitors, which can lead to legal and financial challenges.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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