Harmonic Inc. (HLIT) quarterly cash flow statement — complete operating, investing & financing history
Harmonic Inc. (HLIT) cash flow statement — 30-year operating, investing & financing cash flows
| 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 |
|---|
| Cash from Operations | -2.31M | -5.43M | 31.69M | 12.29M | 23.77M | -11.7M | 83.61M | 48.53M | 8.72M | -22.16M | 26.82M | 6.27M | 11.04M | -16.52M | 6.27M | 19.35M | -8.22M | 21.83M | -27.48M | 7.36M |
| Operating CF Margin % | -1.55% | -4.07% | 26.04% | 12.51% | 16.69% | -8.47% | 62.8% | 21.84% | 4.45% | -15.97% | 21.97% | 3.75% | 8.68% | -10.59% | 3.98% | 11.78% | -5.28% | 13.86% | -18.64% | 4.72% |
| Operating CF Growth % | -109.72% | 53.58% | -62.1% | -74.68% | 172.59% | 47.21% | 211.73% | 674.39% | -21.04% | -34.12% | 327.75% | -67.61% | 234.37% | -175.7% | 122.81% | 162.89% | -154.01% | 30.22% | -1737.78% | -82.3% |
| Net Income | 14.64M | -2.32M | 9.65M | -54.81M | 2.69M | 2.87M | 5.94M | 38.12M | 21.72M | -12.53M | -8.09M | 83.84M | -6.5M | 1.55M | 5.09M | 6.13M | 8.74M | 14.84M | -1.53M | 19.86M |
| Depreciation & Amortization | 3.12M | 2.67M | 2.52M | 2.87M | 2.82M | 2.67M | 2.72M | 2.97M | 2.86M | 3.23M | 3.08M | 3.08M | 3.09M | 3.06M | 3.03M | 3.04M | 3.1M | 3.02M | 3.11M | 3.15M |
| Stock-Based Compensation | 6.06M | 11.66M | 9.81M | 8.4M | 7.32M | 7.7M | 8.46M | 8.49M | 5.71M | 6.95M | 6.92M | 6.61M | 7.24M | 6.06M | 7.42M | 5.59M | 6.46M | 5.58M | 7.59M | 5.19M |
| Deferred Taxes | 18.96M | 2.72M | 199K | 11.6M | -712K | -3.43M | 712K | -13.76M | 8.9M | -5.09M | -3.81M | -94.88M | 705K | 774K | 547K | 3.25M | 397K | 774K | 627K | -7.46M |
| Other Non-Cash Items | 585K | -2.93M | -633K | 58.47M | 51.69M | 2.06M | 2.15M | 1.71M | 5.54M | 14.08M | -111K | 4.37M | 2.39M | 2.51M | 4.27M | 3.02M | 88K | -3.13M | 4.33M | 3.04M |
| Working Capital Changes | -45.67M | -17.22M | 10.14M | -14.22M | -40.05M | -23.57M | 63.62M | 11.02M | -36M | -28.8M | 28.82M | 3.26M | 4.11M | -30.48M | -14.1M | -1.67M | -27M | 746K | -41.6M | -16.42M |
| Change in Receivables | -27.33M | -11.36M | 3.21M | -20.21M | 16.05M | -21.54M | 79.61M | -6.63M | -52.38M | -14.42M | 35.19M | -31.13M | 7.17M | -31.79M | 20.28M | -1.02M | -729K | 7.09M | -28.48M | -14.25M |
| Change in Inventory | -27.96M | -18.85M | -4.71M | -3.16M | 2.66M | -8.85M | 2.24M | 1.78M | 10.52M | 642K | -4.57M | 20.87M | 7.64M | 17.44M | -10.55M | -19.48M | -19.52M | -3.59M | -11.84M | -20.55M |
| Change in Payables | 17.54M | 7.5M | 9.23M | 7.82M | -16.82M | 11.85M | -8.82M | -4.89M | 10.47M | -14.67M | 5.99M | -8.75M | 9.92M | -18.02M | -12.51M | 4.53M | 24.66M | -11.1M | -12.26M | 32.16M |
| Cash from Investing | -4.63M | 130.36M | -1.4M | -2.68M | -2.73M | -3.8M | -1.87M | -2.35M | -2.98M | -1.95M | -1.91M | 3.58M | -8.22M | -1.5M | -2.33M | -1.86M | -1.89M | 4.9M | -2.44M | -2.4M |
| Capital Expenditures | -2.83M | -1.61M | -1.4M | -2.68M | -2.73M | -3.8M | -1.87M | -2.35M | -2.98M | -1.95M | -1.91M | -2.73M | -1.92M | -1.5M | -2.33M | -1.86M | -1.89M | -3.07M | -2.44M | -2.4M |
| CapEx % of Revenue | 1.9% | 1.2% | 1.15% | 2.72% | 1.92% | 2.75% | 1.41% | 1.06% | 1.52% | 1.4% | 1.57% | 1.63% | 1.51% | 0.96% | 1.48% | 1.13% | 1.21% | 1.95% | 1.65% | 1.54% |
| Acquisitions | -1.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 131.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.59M | 0 | 0 | 0 | 0 |
| Cash from Financing | -81.47M | -1.41M | -44.55M | -14.76M | -17.75M | -12.81M | -36.07M | -1.29M | 2.94M | -11.04M | -23.87M | -2.01M | 2.47M | -2.03M | -3.42M | -38.13M | -2.14M | -893K | -1.97M | 366K |
| Debt Issued (Net) | -77.13M | -769K | -750K | -919K | -4.43M | 1.87M | -500K | -650K | 480K | -1.83M | 0 | -138K | 0 | -740K | -152K | -37.81M | -87K | -795K | -99K | -99K |
| Equity Issued (Net) | -3.63M | 1.45M | -39.86M | -13.27M | -12.73M | -14.02M | -33.02M | -637K | 3.09M | -8.37M | -18.13M | 6K | 3.47M | -1K | 3.08M | 963K | -121K | 292K | 825K | 910K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -3.63M | 1K | -42.95M | -13.27M | -15.65M | -14.02M | -36.08M | -637K | 0 | -8.37M | -21.68M | 0 | 0 | 0 | 0 | 0 | -120K | -2.87M | -2.14M | 0 |
| Other Financing | -715K | -2.09M | -3.94M | -570K | -589K | -655K | -2.55M | 0 | -625K | -844K | -5.74M | -1.88M | -1M | -1.29M | -6.35M | -1.29M | -1.93M | -390K | -2.69M | -445K |
| Net Change in Cash | -89.03M | 122.87M | -15.09M | -3.61M | 3.44M | -24.76M | 47.25M | 43.29M | 9.74M | -35.63M | 36K | 8.65M | 4.59M | -19.85M | 1.29M | -15.69M | -16.54M | 21.08M | -32.69M | 5M |
| Free Cash Flow | -5.14M | -7.04M | 30.29M | 9.61M | 21.04M | -15.5M | 81.73M | 46.19M | 5.74M | -24.1M | 24.91M | 3.54M | 9.13M | -18.02M | 3.94M | 17.49M | -10.1M | 18.76M | -29.92M | 4.96M |
| FCF Margin % | -3.45% | -5.27% | 24.89% | 9.78% | 14.78% | -11.23% | 61.39% | 20.79% | 2.93% | -17.37% | 20.41% | 2.12% | 7.18% | -11.56% | 2.5% | 10.64% | -6.49% | 11.92% | -20.29% | 3.18% |
| FCF Growth % | -124.42% | 54.6% | -62.94% | -79.19% | 266.77% | 35.71% | 228.13% | 1204.29% | -37.16% | -33.73% | 532.37% | -79.75% | 190.34% | -196.08% | 113.17% | 252.91% | -181.93% | 47.47% | -1421.1% | -86.06% |
| FCF per Share | -0.05 | -0.06 | 0.27 | 0.09 | 0.19 | -0.14 | 0.70 | 0.39 | 0.05 | -0.21 | 0.22 | 0.03 | 0.08 | -0.15 | 0.03 | 0.15 | -0.09 | 0.17 | -0.29 | 0.04 |
| FCF Conversion (FCF/Net Income) | -0.16x | 2.34x | 4.34x | -0.22x | 8.82x | -4.07x | 14.07x | 1.27x | 0.40x | 1.77x | -3.32x | 0.07x | -1.70x | -10.63x | 1.23x | 3.16x | -0.94x | 1.47x | 17.97x | 0.37x |
| Interest Paid | -163K | 0 | 879K | 1.18M | 182K | 1.03M | 1.69M | 1.92M | 2.47M | 1.04M | 859K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.18M | 853K |
| Taxes Paid | 618K | 0 | 24K | -1.74M | 732K | 12.63M | 1.14M | -1.49M | 1.49M | 10.3M | 1.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.03M | 793K |