HLIT Financial Statements

Balance sheet, income statement, cash flow, and dividends for Harmonic Inc (HLIT).


$1.54B Market Cap.

As of 02/18/2025 5:00 PM ET (MRY) • Disclaimer

HLIT Market Cap. (MRY)


HLIT Shares Outstanding (MRY)


HLIT Assets (MRY)


Total Assets

$796.51M

Total Liabilities

$331.25M

Total Investments

$0

HLIT Income (MRY)


Revenue

$678.72M

Net Income

$39.22M

Operating Expense

$302.79M

HLIT Cash Flow (MRY)


CF Operations

$61.92M

CF Investing

-$9.19M

CF Financing

-$33.27M

HLIT Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

HLIT Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$796,506,000 (3.68%)

$768,206,000 (8.20%)

$710,018,000 (2.35%)

$693,686,000 (17.27%)

Assets Current

$366,076,000 (10.69%)

$330,732,000 (-4.22%)

$345,299,000 (6.86%)

$323,127,000 (35.75%)

Assets Non-Current

$430,430,000 (-1.61%)

$437,474,000 (19.95%)

$364,719,000 (-1.58%)

$370,559,000 (4.83%)

Goodwill & Intangible Assets

$236,876,000 (-0.95%)

$239,150,000 (0.59%)

$237,739,000 (-1.03%)

$240,213,000 (-1.42%)

Shareholders Equity

$465,258,000 (6.50%)

$436,874,000 (34.63%)

$324,506,000 (9.66%)

$295,913,000 (14.56%)

Property Plant & Equipment Net

$39,234,000 (-31.77%)

$57,500,000 (-11.92%)

$65,283,000 (-11.41%)

$73,689,000 (4.23%)

Cash & Equivalents

$101,789,000 (20.79%)

$84,269,000 (-5.94%)

$89,586,000 (-32.86%)

$133,431,000 (35.26%)

Accumulated Other Comprehensive Income

-$14,097,000 (-147.06%)

-$5,706,000 (41.09%)

-$9,686,000 (-196.03%)

-$3,272,000 (-155.87%)

Deferred Revenue

$47,069,000 (1.84%)

$46,217,000 (-25.91%)

$62,383,000 (9.01%)

$57,226,000 (5.40%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$64,004,000 (-23.79%)

$83,982,000 (-30.56%)

$120,949,000 (69.88%)

$71,195,000 (103.23%)

Trade & Non-Trade Receivables

$178,013,000 (25.78%)

$141,531,000 (30.53%)

$108,427,000 (22.48%)

$88,529,000 (33.68%)

Trade & Non-Trade Payables

$35,250,000 (-8.59%)

$38,562,000 (-42.83%)

$67,455,000 (4.70%)

$64,429,000 (173.67%)

Accumulated Retained Earnings (Deficit)

-$1,953,495,000 (0.46%)

-$1,962,575,000 (4.10%)

-$2,046,569,000 (1.98%)

-$2,087,957,000 (0.63%)

Tax Assets

$121,028,000 (15.59%)

$104,707,000 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$148,315,000 (-4.96%)

$156,051,000 (-2.94%)

$160,781,000 (-15.86%)

$191,095,000 (3.41%)

Debt Current

$12,810,000 (-89.88%)

$126,591,000 (0.86%)

$125,510,000 (155.30%)

$49,162,000 (157.06%)

Debt Non-Current

$135,505,000 (359.96%)

$29,460,000 (-16.48%)

$35,271,000 (-75.15%)

$141,933,000 (-14.32%)

Total Liabilities

$331,248,000 (-0.03%)

$331,332,000 (-14.05%)

$385,512,000 (-2.87%)

$396,890,000 (19.11%)

Liabilities Current

$167,569,000 (-38.48%)

$272,394,000 (-15.42%)

$322,072,000 (43.49%)

$224,461,000 (52.39%)

Liabilities Non-Current

$163,679,000 (177.71%)

$58,938,000 (-7.10%)

$63,440,000 (-63.21%)

$172,429,000 (-7.26%)

HLIT Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$678,722,000 (11.65%)

$607,907,000 (-2.73%)

$624,957,000 (23.23%)

$507,149,000 (33.87%)

Cost of Revenue

$312,801,000 (5.90%)

$295,362,000 (-4.44%)

$309,073,000 (24.92%)

$247,407,000 (34.58%)

Selling General & Administrative Expense

$153,124,000 (-6.22%)

$163,282,000 (11.29%)

$146,717,000 (6.25%)

$138,085,000 (15.45%)

Research & Development Expense

$120,975,000 (-4.20%)

$126,282,000 (4.97%)

$120,307,000 (17.68%)

$102,231,000 (23.93%)

Operating Expenses

$302,785,000 (4.27%)

$290,373,000 (7.40%)

$270,365,000 (12.22%)

$240,933,000 (16.14%)

Interest Expense

$7,326,000 (171.74%)

$2,696,000 (-46.51%)

$5,040,000 (-52.56%)

$10,625,000 (-7.68%)

Income Tax Expense

$18,716,000 (128.86%)

-$64,853,000 (-497.80%)

$16,303,000 (471.96%)

-$4,383,000 (-243.52%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$39,217,000 (-53.31%)

$83,994,000 (198.04%)

$28,182,000 (112.63%)

$13,254,000 (145.28%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$39,217,000 (-53.31%)

$83,994,000 (198.04%)

$28,182,000 (112.63%)

$13,254,000 (145.28%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$39,217,000 (-53.31%)

$83,994,000 (198.04%)

$28,182,000 (112.63%)

$13,254,000 (145.28%)

Weighted Average Shares

$115,120,000 (3.11%)

$111,651,000 (6.25%)

$105,080,000 (3.54%)

$101,484,000 (4.65%)

Weighted Average Shares Diluted

$117,482,000 (0.10%)

$117,359,000 (4.43%)

$112,378,000 (5.85%)

$106,171,000 (9.49%)

Earning Before Interest & Taxes (EBIT)

$65,259,000 (198.85%)

$21,837,000 (-55.91%)

$49,525,000 (154.03%)

$19,496,000 (232.55%)

Gross Profit

$365,921,000 (17.08%)

$312,545,000 (-1.06%)

$315,884,000 (21.61%)

$259,742,000 (33.20%)

Operating Income

$63,136,000 (184.76%)

$22,172,000 (-51.29%)

$45,519,000 (142.01%)

$18,809,000 (251.09%)

HLIT Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$9,186,000 (-8.39%)

-$8,475,000 (-558.00%)

-$1,288,000 (90.07%)

-$12,975,000 (59.71%)

Net Cash Flow from Financing

-$33,269,000 (-566.71%)

-$4,990,000 (88.43%)

-$43,133,000 (-643.31%)

$7,939,000 (476.43%)

Net Cash Flow from Operations

$61,917,000 (777.14%)

$7,059,000 (28.91%)

$5,476,000 (-86.65%)

$41,017,000 (4.73%)

Net Cash Flow / Change in Cash & Cash Equivalents

$17,520,000 (429.51%)

-$5,317,000 (87.87%)

-$43,845,000 (-226.04%)

$34,786,000 (522.62%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$7,962,000 (0%)

$0 (0%)

Capital Expenditure

-$9,186,000 (-8.39%)

-$8,475,000 (8.38%)

-$9,250,000 (28.71%)

-$12,975,000 (59.71%)

Issuance (Repayment) of Debt Securities

-$2,336,000 (-13.67%)

-$2,055,000 (94.70%)

-$38,791,000 (-1580.72%)

-$2,308,000 (56.01%)

Issuance (Purchase) of Equity Shares

-$23,419,000 (-457.11%)

$6,558,000 (234.76%)

$1,959,000 (-84.09%)

$12,311,000 (124.98%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$1,942,000 (-278.33%)

$1,089,000 (122.22%)

-$4,900,000 (-310.04%)

-$1,195,000 (-261.92%)

Share Based Compensation

$28,073,000 (2.72%)

$27,329,000 (8.40%)

$25,212,000 (4.81%)

$24,056,000 (33.35%)

Depreciation Amortization & Accretion

$12,139,000 (-0.95%)

$12,255,000 (-0.04%)

$12,260,000 (-6.08%)

$13,053,000 (-16.90%)

HLIT Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

53.90% (4.86%)

51.40% (1.78%)

50.50% (-1.37%)

51.20% (-0.58%)

Profit Margin

5.80% (-57.97%)

13.80% (206.67%)

4.50% (73.08%)

2.60% (133.77%)

EBITDA Margin

11.40% (103.57%)

5.60% (-43.43%)

9.90% (54.69%)

6.40% (2033.33%)

Return on Average Equity (ROAE)

9.20% (-60.17%)

23.10% (148.39%)

9.30% (93.75%)

4.80% (139.34%)

Return on Average Assets (ROAA)

5.20% (-55.93%)

11.80% (195.00%)

4.00% (100.00%)

2.00% (139.22%)

Return on Sales (ROS)

9.60% (166.67%)

3.60% (-54.43%)

7.90% (107.89%)

3.80% (197.44%)

Return on Invested Capital (ROIC)

16.20% (95.18%)

8.30% (-49.39%)

16.40% (130.99%)

7.10% (222.41%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

38.91 (123.80%)

17.39 (-64.16%)

48.52 (-46.37%)

90.46 (467.24%)

Price to Sales Ratio (P/S)

2.24 (-6.30%)

2.4 (8.72%)

2.2 (-6.37%)

2.35 (24.37%)

Price to Book Ratio (P/B)

3.31 (-1.05%)

3.35 (-21.31%)

4.26 (4.42%)

4.08 (45.73%)

Debt to Equity Ratio (D/E)

0.71 (-6.07%)

0.76 (-36.20%)

1.19 (-11.41%)

1.34 (3.95%)

Earnings Per Share (EPS)

0.34 (-54.67%)

0.75 (177.78%)

0.27 (107.69%)

0.13 (143.33%)

Sales Per Share (SPS)

5.9 (8.28%)

5.45 (-8.44%)

5.95 (19.01%)

5 (27.90%)

Free Cash Flow Per Share (FCFPS)

0.46 (3623.08%)

-0.01 (63.89%)

-0.04 (-113.04%)

0.28 (283.33%)

Book Value Per Share (BVPS)

4.04 (3.30%)

3.91 (26.72%)

3.09 (5.90%)

2.92 (9.46%)

Tangible Assets Book Value Per Share (TABVPS)

4.86 (2.60%)

4.74 (5.43%)

4.49 (0.58%)

4.47 (24.56%)

Enterprise Value Over EBIT (EV/EBIT)

25 (-64.79%)

71 (136.67%)

30 (-53.85%)

65 (218.18%)

Enterprise Value Over EBITDA (EV/EBITDA)

21.11 (-53.36%)

45.27 (89.94%)

23.83 (-38.74%)

38.91 (-95.19%)

Asset Turnover

0.9 (5.25%)

0.86 (-3.82%)

0.89 (14.08%)

0.78 (17.80%)

Current Ratio

2.19 (79.98%)

1.21 (13.25%)

1.07 (-25.56%)

1.44 (-10.89%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$52,731,000 (3823.94%)

-$1,416,000 (62.48%)

-$3,774,000 (-113.46%)

$28,042,000 (303.02%)

Enterprise Value (EV)

$1,634,291,245 (5.89%)

$1,543,330,700 (4.80%)

$1,472,574,010 (16.28%)

$1,266,353,019 (56.59%)

Earnings Before Tax (EBT)

$57,933,000 (202.66%)

$19,141,000 (-56.97%)

$44,485,000 (401.47%)

$8,871,000 (133.84%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$77,398,000 (127.03%)

$34,092,000 (-44.82%)

$61,785,000 (89.82%)

$32,549,000 (3158.16%)

Invested Capital

$438,587,000 (33.53%)

$328,444,000 (48.35%)

$221,402,000 (-22.77%)

$286,676,000 (-0.01%)

Working Capital

$198,507,000 (240.27%)

$58,338,000 (151.16%)

$23,227,000 (-76.46%)

$98,666,000 (8.73%)

Tangible Asset Value

$559,630,000 (5.78%)

$529,056,000 (12.02%)

$472,279,000 (4.15%)

$453,473,000 (30.36%)

Market Capitalization

$1,541,668,245 (5.38%)

$1,462,956,700 (5.92%)

$1,381,217,010 (14.51%)

$1,206,204,019 (66.98%)

Average Equity

$424,039,250 (16.47%)

$364,065,250 (20.69%)

$301,654,000 (10.02%)

$274,172,000 (14.31%)

Average Assets

$752,683,250 (6.15%)

$709,046,000 (1.05%)

$701,698,250 (8.02%)

$649,625,250 (13.73%)

Invested Capital Average

$403,454,750 (53.75%)

$262,404,750 (-12.90%)

$301,259,500 (9.48%)

$275,168,500 (9.00%)

Shares

116,528,212 (3.87%)

112,189,931 (6.41%)

105,436,413 (2.80%)

102,568,369 (4.93%)