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Harmonic HLIT Inventories

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Other financials

Income statement

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Revenue$121.7M+43.4%
Gross profit$63.6M+36.9%
Operating income$20.4M+191%
Net income$7.3M+23.0%
EPS (diluted)$0.07+40.0%

Balance sheet

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Cash & equivalents$109.4M-26.6%
Total debt$131.1M-4.4%
Total equity$355.2M-20.4%
Total assets$705.3M-8.8%

Cash flow

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Operating cash flow$31.7M-62.1%
CapEx$1.4M-25.3%
Free cash flow$30.3M-62.9%

Valuation

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Market cap$1.27B+28.0%
Enterprise value$1.29B+29.1%
P/S3.2×+1.0×

Profitability

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Gross margin49.7%
Operating margin21.5%
Net margin-10.4%-22.2pp
FCF margin0%

Returns & leverage

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Return on equity-10.5%-22.9pp
Debt / equity0.4×+0.1×
Current ratio2.3×+0.2×

Where this comes from

Reported directly by Harmonic in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

The source filing: Harmonic’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 5:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-221899
Line itemApril 3, 2026December 31, 2025
Current assets:
Cash and cash equivalents$109,000$124,105
Accounts receivable, net of allowances for credit losses of $362 and $227 as of April 3, 2026 and December 31, 2025, respectively83,49985,935
Inventories51,20047,840
Prepaid expenses and other current assets17,18212,530
Assets held for sale224,374223,961
Total current assets485,255494,371
Property and equipment, net24,67025,648

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Harmonic's inventories?
Harmonic (HLIT) reported inventories of $51.2M in Q1 2026.
How has Harmonic's inventories changed year-over-year?
Harmonic's inventories decreased by 17.5% year-over-year, from $62.06M to $51.2M.
What is the long-term trend for Harmonic's inventories?
Over 5 years (2020 to 2025), Harmonic's inventories has grown at a 6.4% compound annual growth rate (CAGR), from $35.03M to $47.84M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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