Harmonic
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Harmonic's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 3% to $607,907,000. The net income raised on $83,994,000 and profit margin reached 14%. Total operating expenses were $290,373,000.
Profit Margin
| 2014 | 433.55M | -46.24M | -10.67% |
|---|---|---|---|
| 2015 | 377.02M | -15.66M | -4.15% |
| 2016 | 405.91M | -72.31M | -17.82% |
| 2017 | 358.24M | -82.95M | -23.16% |
| 2018 | 403.55M | -21.03M | -5.21% |
| 2019 | 402.87M | -5.92M | -1.47% |
| 2020 | 378.83M | -29.27M | -7.73% |
| 2021 | 507.14M | 13.25M | 2.61% |
| 2022 | 624.95M | 28.18M | 4.51% |
| 2023 | 607.90M | 83.99M | 13.82% |
HLIT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 607.90M | 624.95M | 507.14M | 378.83M | 402.87M | 403.55M | 358.24M | 405.91M | 377.02M | 433.55M |
Cost of revenue | 295.36M | 309.07M | 247.40M | 183.83M | 179.86M | 194.34M | 188.42M | 205.16M | 174.31M | 221.20M |
Gross profit | 312.54M | 315.88M | 259.74M | 194.99M | 223.01M | 209.20M | 169.82M | 200.75M | 202.71M | 212.34M |
Operating exp. | ||||||||||
Research and development | 126.28M | 120.30M | 102.23M | 82.49M | 84.61M | 89.16M | 95.97M | 98.40M | 87.54M | 93.06M |
Selling and marketing | -3.22M | 700K | 1M | 1.1M | 700K | 0 | 700K | 0 | 1.4M | 200K |
Total operating expenses | 290.37M | 267.02M | 240.82M | 205.12M | 206.78M | 211.30M | 235.39M | 253.18M | 214.28M | 231.15M |
Operating income | 22.17M | 45.51M | 18.80M | -11.02M | 13.08M | -5.01M | -70.87M | -67.03M | -12.94M | -21.57M |
Other income (expenses), net | -3.03M | -1.03M | -9.93M | -13.76M | -19.67M | -3.45M | -13.83M | -17.36M | -3.12M | -224K |
Income before tax | 19.14M | 44.48M | 8.87M | -26.21M | -6.59M | -16.94M | -84.70M | -80.43M | -16.06M | -21.79M |
Income tax expense | -64.85M | 16.30M | -4.38M | 3.05M | -672K | 4.08M | -1.75M | -8.11M | -407K | 24.45M |
Net income | 83.99M | 28.18M | 13.25M | -29.27M | -5.92M | -21.03M | -82.95M | -72.31M | -15.66M | -46.24M |
Earnings per share | ||||||||||
Basic EPS | 0.75 | 0.27 | 0.13 | -0.3 | -0.06 | -0.25 | -1.02 | -0.93 | -0.18 | -0.5 |
Diluted EPS | 0.72 | 0.25 | 0.12 | -0.3 | -0.06 | -0.25 | -1.02 | -0.93 | -0.18 | -0.5 |
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