← HARMONIC INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $55.6m | $57.0m | $66.0m | $93.1m | $98.6m | $133.4m | $89.6m | $84.3m | $101.5m | $124.1m | |
| Prepaid Expense and Other Assets, Current | $26.3m | $18.9m | $23.3m | $40.8m | $38.1m | $30.0m | $26.3m | $20.9m | $22.3m | $12.5m | |
| Restricted Cash and Investments, Current | $731k | — | — | — | — | — | — | — | — | — | |
| Inventory, Net | $41.2m | $26.0m | $25.6m | $29.0m | $35.0m | $71.2m | $120.9m | $84.0m | $64.0m | $47.8m | |
| Assets, Current | $216.8m | $171.8m | $196.7m | $251.4m | $238.0m | $323.1m | $345.3m | $330.7m | $366.1m | $494.4m | |
| Property, Plant and Equipment, Net | $32.2m | $29.3m | $22.3m | $22.9m | $43.1m | $42.7m | $39.8m | $36.7m | $26.8m | $25.6m | |
| Goodwill | $237.3m | $242.8m | $240.6m | $239.8m | $243.7m | $240.2m | $237.7m | $239.2m | $236.9m | $60.9m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $27.5m | $27.6m | $31.0m | $25.5m | $20.8m | $12.4m | $13.7m | |
| Other Assets, Noncurrent | $38.6m | $42.9m | $38.4m | $41.3m | $38.6m | $56.7m | $61.7m | $36.1m | $33.3m | $19.8m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $86.8m | $69.8m | $81.8m | $88.5m | $66.2m | $88.5m | $108.4m | $141.5m | $178.0m | $85.9m | |
| Accrued Liabilities, Current | $55.1m | $48.7m | $52.8m | $62.5m | $50.3m | $53.6m | $66.7m | $61.0m | $72.4m | — | |
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | $276k | — | — | — | — | — | — | — | — | — | |
| Assets | $554.1m | $508.1m | $510.8m | $587.3m | $591.5m | $693.7m | $710.0m | $768.2m | $796.5m | $718.5m | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $8.9m | $7.4m | $7.3m | $6.8m | $6.8m | $5.7m | $6.4m | |
| Accounts Payable, Current | $28.9m | $33.1m | $33.8m | $40.9m | $23.5m | $64.4m | $67.5m | $38.6m | $35.2m | $23.1m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $25.8m | $26.1m | $29.1m | $24.1m | $19.0m | $14.7m | $14.7m | |
| Deferred Revenue, Current | $52.4m | $52.4m | $41.6m | $37.1m | $54.3m | $57.2m | $62.4m | $46.2m | $47.1m | $31.5m | |
| Deferred Revenue, Noncurrent | $4.7m | $52.4m | $41.6m | $37.1m | $54.3m | $57.2m | $62.4m | $46.2m | $47.1m | $31.5m | |
| Long-term Debt, Excluding Current Maturities | $19.3m | $21.8m | $19.7m | $17.2m | $21.8m | $18.0m | $15.9m | $15.4m | $112.1m | $109.1m | |
| Long-term Debt, Current Maturities | — | — | — | — | — | — | — | $0 | $2.2m | $2.9m | |
| Liabilities, Current | $144.9m | $142.1m | $136.4m | $191.9m | $147.3m | $224.5m | $322.1m | $272.4m | $167.6m | $197.9m | |
| Other Liabilities, Noncurrent | $18.4m | $22.6m | $18.2m | $41.3m | $20.3m | $31.4m | $28.2m | $29.5m | $28.2m | $13.5m | |
| Deferred Tax Liabilities, Net | $10.5m | $4.5m | $3.3m | $11.9m | $17.6m | $17.7m | $12.1m | $8.5m | $6.4m | $3.8m | |
| Liabilities | $283.4m | $289.7m | $282.6m | $332.5m | $333.2m | $396.9m | $385.5m | $331.3m | $331.2m | $335.2m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $78k | $83k | $87k | $92k | $98k | $103k | $110k | $112k | $117k | $111k | |
| Retained Earnings (Accumulated Deficit) | ($2.0b) | ($2.1b) | ($2.1b) | ($2.1b) | ($2.1b) | ($2.1b) | ($2.0b) | ($2.0b) | ($2.0b) | ($2.1b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($7.3m) | $3.4m | ($1.2m) | ($3.1m) | $5.9m | ($3.3m) | ($9.7m) | ($5.7m) | ($14.1m) | ($6.6m) | |
| Additional Paid in Capital, Common Stock | $2.3b | $2.3b | $2.3b | $2.3b | $2.4b | $2.4b | $2.4b | $2.4b | $2.4b | $2.5b | |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | $279k | ($249k) | ($451k) | ($241k) | ($82k) | ($3.3m) | ($9.7m) | ($5.7m) | ($14.1m) | ($6.6m) | |
| Stockholders' Equity Attributable to Parent | $270.6m | $218.3m | $228.2m | $252.4m | $258.3m | $295.9m | $324.5m | $436.9m | $465.3m | $383.2m | |
| Liabilities and Equity | $554.1m | $508.1m | $510.8m | $587.3m | $591.5m | $693.7m | $710.0m | $768.2m | $796.5m | $718.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.