HLIT at a glance
HARMONIC INC. (HLIT, SEC CIK 851310) filed its latest 10-K annual report on February 24, 2026, a 10-Q quarterly report on August 17, 2026, an 8-K current report on August 12, 2026 and Form 4 insider filings as recently as September 15, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), HARMONIC INC. (HLIT) reported revenue of $360.5 million (down 46.9% from FY2024) and a net loss of $43.3 million. Diluted EPS was -$0.38.
- As of June 30, 2026, 31 institutional investment managers tracked by SignalX reported holding HARMONIC INC. (HLIT) shares worth $924.1 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $360.5M
- −46.9% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 31 funds
- $924.1M · +2 vs prior quarter
- Latest 8-K
- Aug 12, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: global provider of software-based broadband access solutions enabling efficient high-speed internet deployment
- New emphasis on cOS Central Cloud Services, a SaaS subscription offering 24x7 support and advanced analytics for cOS platform
- Strategic shift: exited Video business via $145 million put option sale agreement to MediaKind, focusing solely on Broadband operations
- Backlog growth to $573.8 million in 2025 vs $332.3 million in 2024, indicating strong demand and order visibility
- R&D spend increased to $76.3 million (21% of revenue) in 2025, up from $72.6 million (15% of revenue) in 2024, focused on cOS platform innovations
Risk Factors
- Regulatory/legal risk: potential delays and higher costs in completing Video business sale due to employee works council consultation in France and other regulatory approvals
- Geopolitical/macroeconomic threat: Russia-Ukraine and Middle East conflicts causing customer spending delays, longer sales cycles, and revenue reductions
- Operational/supply chain vulnerability: reliance on sole supplier Plexus in Malaysia for contract manufacturing, exposed to tariffs and geopolitical risks affecting Taiwan component sourcing
- Competitive risk: risk of competitors establishing industry standards or faster deployment of superior broadband access solutions potentially making Harmonic's cOS obsolete
- Financial risk: extreme customer concentration with one customer accounting for 54% of 2025 revenue, posing risk to operating results if lost or reduced
Management Discussion & Analysis
- Revenue $360.5M in 2025, down 26% YoY (−$127.7M) with Appliance and integration down 30% (−$131.0M), SaaS and service up 6% (+$3.3M)
- Gross margin 48.5% in 2025 vs 49.2% in 2024, down 0.7 percentage points due to unfavorable product mix
- Americas segment revenue declined 29% to $320.6M, worst performer; APAC best with 149% growth to $6.1M
- Operating cash flow $108.0M in 2025, up $46.0M YoY; share repurchase $49.0M higher than 2024, $121.0M remaining authorization
- Management expects Video business sale in H1 2026, proceeds to fund operations; highlights risks from geopolitical conflicts, inflation, supply chain, and market volatility
AI summary of the HLIT 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jul 3, 2026
Risk Factors
- Video-business sale risk newly triggered by June 16, 2026 Disposition and continuing transition-services obligations
- Business concentration: Broadband now represents 100% of revenue versus Video’s 37% contribution in fiscal 2025
- Tariff exposure: U.S. investigations could impose new duties on semiconductors, computers, and critical-mineral derivatives
- Customer concentration: Top 10 customers represented 89% of three-month revenue and 87% of six-month revenue
- Supply-chain risk: Plexus Malaysia accounts for a majority of contract-manufacturing purchases
AI summary of the HLIT 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Preliminary unaudited results cover quarter ended July 3, 2026
- Press release issued August 12, 2026, with conference call scheduled same day
Item EX-99.1: Item EX-99.1
- Q2 broadband revenue $133.5M, up 54% YoY; operating profit $23.6M versus $0.8M loss, signaling strong operating leverage
- Full-year broadband revenue outlook raised to $505M-$525M, with non-GAAP operating profit guidance of $99M-$111M
Item 2.01: Completion of Acquisition or Disposition of Assets
- Harmonic completed sale of its Video Business to MediaKind on June 16, 2026
- $145 million cash purchase price, subject to working capital, cash, debt and selling-expense adjustments
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Neven Haltmayer resigned as Senior Vice President and General Manager, Video Business, effective June 16, 2026
- Departure coincides with closing of the Acquisition, indicating a transaction-related leadership transition
Item EX-99.1: Item EX-99.1
- Video Business divested to MediaKind for $145 million cash, subject to working-capital and customary post-closing adjustments
- Pure-play broadband strategy concentrates capital and operations on Harmonic’s fastest-growing segment
Item 7.01: Regulation FD Disclosure
- Video Business sale to MediaKind remains on track for Q2 2026 closing
- $145 million cash purchase price, subject to customary adjustments
AI summaries of HLIT 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for HLIT
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- Fund moves. Which tracked funds opened, added or cut HLIT, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Ben-Natan Nimrod | M | Sep 11, 2026 | 20,032 | - |
| Jankovic Walter | M | Sep 11, 2026 | 1,457 | - |
| Jankovic Walter | F | Sep 11, 2026 | 732 | $12.00 |
| Jankovic Walter | M | Sep 11, 2026 | 1,457 | - |
| Ben-Natan Nimrod | M | Sep 11, 2026 | 20,032 | - |
| Jankovic Walter | M | Aug 15, 2026 | 8,071 | - |
| Jankovic Walter | M | Aug 15, 2026 | 8,496 | - |
| Jankovic Walter | M | Aug 15, 2026 | 19,784 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $678.7M | $360.5M |
| Gross Profit | - | $365.9M | $174.7M |
| Operating Income | - | $63.1M | $14.1M |
| Net Income | - | $39.2M | -$43.3M |
| Gross Margin | - | 53.9% | 48.5% |
| Op. Margin | - | 9.3% | 3.9% |
| Net Margin | - | 5.8% | -12.0% |
| Balance Sheet | |||
| Total Assets | $768.2M | $796.5M | $718.5M |
| Equity | $436.9M | $465.3M | $383.2M |
| ROE | - | 8.4% | -11.3% |
| Per Share | |||
| EPS | - | $0.33 | $-0.38 |
| Cash Flow | |||
| Operating CF | - | $61.9M | $108.0M |
| CapEx | - | $9.2M | $11.1M |
Source: XBRL data in HARMONIC INC. (HLIT)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate HLIT share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 31 | $924.1M |
| Q1 2026 | 29 | $470.6M |
| Q4 2025 | 28 | $536.4M |
| Q3 2025 | 29 | $546.2M |
| Q2 2025 | 28 | $519.3M |
| Q1 2025 | 26 | $385.9M |
| Q4 2024 | 21 | $484.9M |
| Q3 2024 | 19 | $279.1M |
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- Marex Group plc+46.3K
- Franklin Resources+16.1K
Source: 13F-HR filings on SEC EDGAR (aggregated from 211 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
HLIT filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 15, 2026 | - | - | - |
| 4 | Sep 15, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 10-Q | Aug 17, 2026 | Jul 3, 2026 | Analysis | |
| 4 | Aug 12, 2026 | - | - | - |
| 4 | Aug 12, 2026 | - | - | - |
| 8-K | Aug 12, 2026 | - | Analysis | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jun 22, 2026 | - | - | - |
| 8-K | Jun 17, 2026 | - | Analysis | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 8-K | Jun 8, 2026 | - | Analysis | |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 4 | May 27, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 10-Q | May 13, 2026 | Apr 3, 2026 | Analysis | |
| 8-K | May 11, 2026 | - | Analysis |
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HLIT SEC filings: frequently asked questions
Which institutions hold HLIT stock?
As of June 30, 2026, the largest HARMONIC INC. (HLIT) holders among the 13F filers tracked by SignalX were BlackRock ($294.0 million), Vanguard Portfolio Management LLC ($88.0 million), State Street Corp ($84.1 million), T. Rowe Price Group ($78.3 million), Vanguard Capital Management LLC ($77.9 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was HLIT's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), HARMONIC INC. (HLIT) reported revenue of $360.5 million (down 46.9% from FY2024) and a net loss of $43.3 million. Diluted EPS was -$0.38. The figures come from the XBRL data in the 10-K.
What are the main risks in HLIT's latest 10-K?
In the 10-K filed February 24, 2026, HARMONIC INC. (HLIT) flagged: Regulatory/legal risk: potential delays and higher costs in completing Video business sale due to employee works council consultation in France and other regulatory approvals. Geopolitical/macroeconomic threat: Russia-Ukraine and Middle East conflicts causing customer spending delays, longer sales cycles, and revenue reductions. (AI summary of the Risk Factors section.)
What did HLIT report in its latest 8-K?
HARMONIC INC. (HLIT) filed an 8-K on August 12, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Preliminary unaudited results cover quarter ended July 3, 2026.
What are the latest HLIT SEC filings?
HARMONIC INC. (HLIT) filed its latest 10-K annual report on February 24, 2026, a 10-Q quarterly report on August 17, 2026, an 8-K current report on August 12, 2026 and a Form 4 insider filing on September 15, 2026.
What is HLIT's SEC CIK number?
HARMONIC INC. (HLIT)'s SEC Central Index Key (CIK) is 851310. EDGAR lists every HLIT filing under that number.
Ask anything about HLIT
The research agent reads HLIT's filings, financials, insider trades and 13F holders, then answers with sources.