Harmonic Inc. (HLIT) quarterly balance sheet — complete assets, liabilities & equity history
Harmonic Inc. (HLIT) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 379.63M | 417.19M | 485.25M | 494.37M | 327.03M | 342.86M | 340.69M | 366.08M | 336.37M | 284.55M | 300.81M | 330.73M | 329.14M | 331.52M | 338.11M | 345.3M | 336.68M | 338.43M | 325.4M | 323.13M |
| Cash & Short-Term Investments | 142.84M | 231.86M | 109M | 124.11M | 127.38M | 123.92M | 148.71M | 101.46M | 58.17M | 45.85M | 84.31M | 84.27M | 81.93M | 71.03M | 90.88M | 89.59M | 105.28M | 121.82M | 100.74M | 133.43M |
| Cash Only | 142.84M | 231.86M | 109M | 124.11M | 127.38M | 123.92M | 148.71M | 101.46M | 58.17M | 45.85M | 84.31M | 84.27M | 75.62M | 71.03M | 90.88M | 89.59M | 105.28M | 121.82M | 100.74M | 133.43M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 117.11M | 89.91M | 85.35M | 87.89M | 108.89M | 124.91M | 104.34M | 182.3M | 178.09M | 123.7M | 110.23M | 146.3M | 114.74M | 124.69M | 93.17M | 114.01M | 111.01M | 111.09M | 115.59M | 96.63M |
| Days Sales Outstanding | 63.29 | 59.75 | 66.2 | 96.15 | 74.71 | 75.57 | 93.66 | 77.05 | 70.15 | 76.72 | 93.53 | 72.65 | 85.64 | 63.56 | 59.14 | 62.99 | 64.89 | 65.51 | 65.49 | 53.66 |
| Inventory | 94.83M | 66.47M | 51.2M | 47.84M | 68.6M | 71.14M | 62.05M | 64M | 73.86M | 84.13M | 86.63M | 83.98M | 103.75M | 113.59M | 131.64M | 120.95M | 99.02M | 82.64M | 81.82M | 71.19M |
| Days Inventory Outstanding | 102.33 | 84.22 | 79.29 | 102.27 | 93.4 | 90.58 | 95.73 | 67.16 | 78.98 | 119.02 | 128.73 | 102.43 | 150.93 | 157.1 | 154.45 | 128.68 | 107.16 | 99.71 | 88.96 | 71.9 |
| Other Current Assets | 24.86M | 0 | 229.76M | 227.43M | 10.07M | 10.58M | 8.95M | 14.1M | 15.77M | 21.28M | 15.77M | 12.39M | 15.55M | 17.97M | 17.77M | 15.2M | 15.72M | 17.06M | 0 | 1.91M |
| Total Non-Current Assets | 209.47M | 215.46M | 220.05M | 224.11M | 431.56M | 440.49M | 433.06M | 430.43M | 423.49M | 429.14M | 439.86M | 437.47M | 344.67M | 358.84M | 365.71M | 364.72M | 361.19M | 360.03M | 375.05M | 370.56M |
| Property, Plant & Equipment | 35.17M | 36.62M | 37.42M | 39.34M | 39.92M | 39.84M | 39.55M | 39.23M | 41.87M | 44.85M | 54.66M | 57.5M | 58.56M | 60.76M | 63.28M | 65.28M | 65.69M | 68.79M | 72.13M | 73.69M |
| Fixed Asset Turnover | 4.15x | 3.61x | 3.17x | 2.48x | 3.57x | 3.48x | 3.38x | 5.48x | 4.51x | 2.79x | 2.18x | 2.88x | 2.13x | 2.51x | 2.45x | 2.51x | 2.32x | 2.23x | 2.02x | 2.12x |
| Goodwill | 64.59M | 61.09M | 60.88M | 60.9M | 241.77M | 241.72M | 238.2M | 236.88M | 239.6M | 237.88M | 238.29M | 239.15M | 237.16M | 238.71M | 238.43M | 237.74M | 233.87M | 236.93M | 239.63M | 240.21M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 18.8M | 18.32M | 19.7M | 19.83M | 149.88M | 158.93M | 155.31M | 154.32M | 142.03M | 146.41M | 38.5M | 140.82M | 48.95M | 59.36M | 63.99M | 61.7M | 61.63M | 54.31M | 63.28M | 56.66M |
| Total Assets | 589.1M | 632.64M | 705.31M | 718.48M | 758.6M | 783.35M | 773.75M | 796.51M | 759.86M | 713.7M | 740.67M | 768.21M | 673.81M | 690.35M | 703.82M | 710.02M | 697.87M | 698.46M | 700.45M | 693.69M |
| Asset Turnover | 0.24x | 0.20x | 0.17x | 0.13x | 0.18x | 0.18x | 0.17x | 0.29x | 0.27x | 0.19x | 0.16x | 0.23x | 0.19x | 0.22x | 0.22x | 0.23x | 0.22x | 0.23x | 0.21x | 0.23x |
| Asset Growth % | -22.34% | -19.24% | -8.85% | -9.8% | -0.17% | 9.76% | 4.47% | 3.68% | 12.77% | 3.38% | 5.24% | 8.2% | -3.45% | -1.16% | 0.48% | 2.35% | 8.39% | 7.25% | 14.88% | 17.27% |
| Total Current Liabilities | 156.16M | 136.93M | 214.24M | 197.95M | 157.1M | 172.21M | 165.22M | 167.57M | 161.66M | 151.9M | 274.82M | 272.39M | 275.22M | 287.69M | 305.9M | 322.07M | 221.94M | 221.98M | 230.86M | 224.46M |
| Accounts Payable | 56.44M | 39.26M | 34.97M | 23.09M | 23.27M | 40.67M | 27.33M | 35.25M | 42.48M | 30.02M | 43.84M | 38.56M | 47.12M | 37.11M | 55.4M | 67.45M | 60.89M | 38.52M | 52.52M | 64.43M |
| Days Payables Outstanding | 60.71 | 53.13 | 46.49 | 40.72 | 42.73 | 46.24 | 47.53 | 37.86 | 36.24 | 51.48 | 62.18 | 46.75 | 58.49 | 59.27 | 75.12 | 75.08 | 58.64 | 55.2 | 68 | 56.55 |
| Short-Term Debt | 2.94M | 2.94M | 2.94M | 9.38M | 8.7M | 8.26M | 7.55M | 7.13M | 7.23M | 9.29M | 119.92M | 119.8M | 119.47M | 119.28M | 118.89M | 118.74M | 42.06M | 42.3M | 42.42M | 41.82M |
| Deferred Revenue (Current) | 20.43M | 20.77M | 30.27M | 31.52M | 0 | 0 | 0 | 0 | 0 | 0 | 51.5M | 0 | 56.33M | 66.22M | 65.61M | 0 | 58.02M | 74.6M | 75.47M | 0 |
| Other Current Liabilities | 70.78M | 67.96M | 115.61M | 133.96M | 85.53M | 83.69M | 95.85M | 94.46M | 84.32M | 84.2M | 32.69M | 84.46M | 27.38M | 34.19M | 36.83M | 99.43M | 32.86M | 38.67M | 33.32M | 84.05M |
| Current Ratio | 2.43x | 3.05x | 2.26x | 2.50x | 2.08x | 1.99x | 2.06x | 2.18x | 2.08x | 1.87x | 1.09x | 1.21x | 1.20x | 1.15x | 1.11x | 1.07x | 1.52x | 1.52x | 1.41x | 1.44x |
| Quick Ratio | 1.82x | 2.56x | 2.03x | 2.26x | 1.64x | 1.58x | 1.69x | 1.80x | 1.62x | 1.32x | 0.78x | 0.91x | 0.82x | 0.76x | 0.67x | 0.70x | 1.07x | 1.15x | 1.06x | 1.12x |
| Cash Conversion Cycle | 104.9 | 90.84 | 99 | 157.7 | 125.38 | 119.91 | 141.86 | 106.35 | 112.88 | 144.26 | 160.08 | 128.32 | 178.08 | 161.39 | 138.46 | 116.58 | 113.41 | 110.02 | 86.46 | 69.01 |
| Total Non-Current Liabilities | 57.39M | 135.37M | 135.91M | 137.29M | 158.48M | 164.74M | 162.4M | 163.68M | 169.26M | 168.99M | 56.7M | 58.94M | 57.79M | 59.86M | 62.13M | 63.44M | 175.31M | 179.64M | 184.94M | 173.31M |
| Long-Term Debt | 33.41M | 107.67M | 108.4M | 123.8M | 117.93M | 122.75M | 120.34M | 120.78M | 122.28M | 119.05M | 10.27M | 10.49M | 9.99M | 10.54M | 11.35M | 11.16M | 123.86M | 124.6M | 126.06M | 112.81M |
| Capital Lease Obligations | 12.21M | 13.52M | 13.3M | 14.66M | 13.97M | 14.16M | 15M | 14.73M | 15.65M | 16.59M | 17.71M | 18.96M | 20.02M | 21.56M | 22.87M | 24.11M | 24.13M | 25.89M | 27.69M | 29.12M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 11.77M | 14.18M | 14.21M | -1.18M | 26.58M | 27.83M | 27.06M | 28.17M | 31.34M | 33.34M | 28.72M | 29.48M | 27.78M | 27.77M | 27.91M | 28.17M | 27.32M | 29.15M | 31.18M | 31.38M |
| Total Liabilities | 213.55M | 272.3M | 350.15M | 335.24M | 315.58M | 336.94M | 327.62M | 331.25M | 330.92M | 320.89M | 331.52M | 331.33M | 333.01M | 347.55M | 368.03M | 385.51M | 397.25M | 401.62M | 415.79M | 397.77M |
| Total Debt | 54.13M | 130.12M | 131.06M | 147.84M | 146.56M | 150.96M | 148.57M | 148.31M | 151.12M | 151.1M | 154.41M | 156.05M | 156M | 158M | 159.84M | 160.78M | 196.64M | 199.74M | 203.54M | 191.09M |
| Net Debt | -88.72M | -101.74M | 22.06M | 23.74M | 19.19M | 27.04M | -138K | 46.86M | 92.95M | 105.25M | 70.11M | 71.78M | 80.37M | 86.97M | 68.96M | 71.19M | 91.36M | 77.92M | 102.8M | 57.66M |
| Debt / Equity | 0.14x | 0.36x | 0.37x | 0.39x | 0.33x | 0.34x | 0.33x | 0.32x | 0.35x | 0.38x | 0.38x | 0.36x | 0.46x | 0.46x | 0.48x | 0.50x | 0.65x | 0.67x | 0.72x | 0.65x |
| Debt / EBITDA | 1.85x | 4.95x | 5.71x | 22.28x | 10.68x | 17.10x | 11.56x | 2.66x | 3.95x | - | - | 12.28x | - | 12.13x | 11.25x | 8.24x | 13.54x | 11.04x | 36.04x | 10.44x |
| Net Debt / EBITDA | -3.03x | -3.87x | 0.96x | 3.58x | 1.40x | 3.06x | -0.01x | 0.84x | 2.43x | - | - | 5.65x | - | 6.68x | 4.85x | 3.65x | 6.29x | 4.31x | 18.20x | 3.15x |
| Interest Coverage | - | 21.30x | 18.91x | 9.37x | 8.39x | 3.38x | 6.75x | 23.50x | 11.72x | -10.54x | -13.58x | 16.43x | -13.34x | 12.28x | 15.42x | 17.51x | 8.81x | 13.89x | 1.81x | 5.61x |
| Total Equity | 375.56M | 360.35M | 355.15M | 383.25M | 443.01M | 446.4M | 446.13M | 465.26M | 428.94M | 392.81M | 409.15M | 436.87M | 340.8M | 342.8M | 335.79M | 324.51M | 300.62M | 296.84M | 284.65M | 295.91M |
| Equity Growth % | -15.23% | -19.28% | -20.39% | -17.63% | 3.28% | 13.64% | 9.04% | 6.5% | 25.86% | 14.59% | 21.85% | 34.63% | 13.37% | 15.48% | 17.96% | 9.66% | 9.84% | 11.04% | 8.92% | 14.56% |
| Book Value per Share | 3.41 | 3.29 | 3.21 | 3.39 | 3.91 | 3.93 | 3.81 | 3.95 | 3.65 | 3.41 | 3.64 | 3.78 | 3.04 | 2.87 | 2.85 | 2.77 | 2.66 | 2.72 | 2.74 | 2.68 |
| Total Shareholders' Equity | 375.56M | 360.35M | 355.15M | 383.25M | 443.01M | 446.4M | 446.13M | 465.26M | 428.94M | 392.81M | 409.15M | 436.87M | 340.8M | 342.8M | 335.79M | 324.51M | 300.62M | 296.84M | 284.65M | 295.91M |
| Common Stock | 109K | 109K | 108K | 111K | 112K | 113K | 115K | 117K | 117K | 116K | 112K | 112K | 112K | 112K | 111K | 110K | 105K | 105K | 105K | 103K |
| Retained Earnings | -2.1B | -2.11B | -2.11B | -2.08B | -2.01B | -2B | -1.98B | -1.95B | -1.99B | -2.01B | -1.99B | -1.96B | -2.05B | -2.04B | -2.04B | -2.05B | -2.05B | -2.06B | -2.07B | -2.09B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -9.4M | -8.35M | -8.31M | -6.64M | -7.17M | -6.96M | -12.12M | -14.1M | -3.89M | -10.13M | -8.71M | -5.71M | -12.18M | -6.96M | -7.66M | -9.69M | -22.31M | -12.95M | -5.04M | -3.27M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |