Welcome to our dedicated page for Harmonic SEC filings (Ticker: HLIT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Harmonic Inc. filings document the company's broadband and video delivery business, operating results, capital structure, governance, and material events. Its 8-K reports include financial-result releases, material agreements, capital-structure disclosures, executive compensation matters, and board changes.
Harmonic proxy materials cover annual meeting matters, director elections, board committee information, compensation programs, stockholder voting items, and continuing operations centered on broadband network technology. The filing record also includes formal disclosures tied to incentive plans, corporate governance practices, risk factors, and the regulatory presentation of results and exhibits.
KRALL DAVID reported acquisition or exercise transactions in this Form 4 filing.
Harmonic Inc. director David Krall received a grant of 18,756 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Harmonic common stock. The RSUs are scheduled to vest in full on February 15, 2027, with vested shares delivered to him on or immediately after that date.
Whalen Daniel T reported acquisition or exercise transactions in this Form 4 filing.
Harmonic Inc. director Daniel T. Whalen received a grant of 18,756 restricted stock units (RSUs) tied to HLIT common stock. Each RSU represents the right to receive one share of common stock at no purchase price. The RSUs are scheduled to vest in full on February 15, 2027, with vested shares delivered to Whalen on or immediately after that date. Following this award, he holds 18,756 RSUs directly, reflecting a compensation-related equity grant rather than an open-market stock purchase or sale.
Harmonic Inc. Chief Financial Officer Walter Jankovic exercised restricted stock units into common shares and covered related taxes with stock. He converted 1,457 restricted stock units, receiving the same number of common shares. Of these, 513 shares were withheld at $9.34 per share to satisfy tax obligations. After these routine compensation-related transactions, he directly holds 141,539 shares of common stock and 7,285 restricted stock units.
Harmonic Inc. President and CEO Nimrod Ben-Natan exercised restricted stock units into common shares. On March 11, 2026 he converted 20,032 restricted stock units, receiving 20,032 shares of Harmonic common stock at a stated price of $0.00 per share. Following the transactions, he holds 655,525 shares of common stock and 100,160 restricted stock units directly. Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
Harmonic Inc. furnished updated historical financials reflecting the planned sale of its Video business to LeoneMedia (MediaKind). After classifying Video as discontinued operations, Harmonic now reports a single continuing segment, Broadband, and provides unaudited quarterly 2025 results excluding the Video business.
For continuing operations, 2025 quarterly revenue grew from $84.9M in Q1 to $98.2M in Q4, with GAAP income from continuing operations ranging from a loss of $0.9M in Q2 to income of $2.4M in Q1. Discontinued Video operations drove a large GAAP net loss of $54.8M in Q4, mainly from a $57.5M goodwill impairment.
The company also supplies detailed GAAP to Non-GAAP reconciliations, adjusting for stock-based compensation, restructuring, advisory fees, impairments and discrete tax items. On this basis, Non-GAAP net income from continuing operations was $8.0M, $3.7M, $7.5M, and $7.2M for Q1–Q4 2025.
Harmonic Inc. senior vice president Neven Haltmayer reported equity award activity involving restricted stock units and common shares. On March 1, 2026, 2,724 restricted stock units were exercised at $0.00 per unit, converting into 2,724 shares of common stock. To cover tax obligations related to this vesting, 1,451 common shares were disposed of at $10.63 per share through tax withholding, rather than an open-market sale. After these transactions, Haltmayer directly owned 165,690 shares of Harmonic common stock.
Harmonic Inc. outlines a major shift in its 2025 annual report, driven by a pending sale of its Video business. The company signed a Put Option Agreement giving it the right to sell this segment to Leone Media for $145 million in cash, and now reports Video as discontinued operations.
The Video business generated approximately 37% of 2025 revenue, so future results will depend solely on the Broadband segment, which provides software-based access solutions and related services. In 2025, about 89% of revenue came from the Americas, with significant customer concentration: the top 10 customers represented 84% of net revenue and one customer accounted for 54%.
Harmonic reports backlog and deferred revenue of $573.8 million as of December 31, 2025, up from $332.3 million a year earlier, with roughly 53% expected to convert within a year. The company spent $76.3 million on research and development, or about 21% of revenue, and employed 534 people worldwide. The filing emphasizes risks from geopolitical tensions in Israel and Ukraine, supply-chain and tariff pressures, cybersecurity threats, and covenants and leverage under its credit facility.
Harmonic Inc. Chief Financial Officer Walter Jankovic reported equity award activity involving restricted stock units and common shares. On February 22, 2026, 6,644 restricted stock units were exercised into 6,644 shares of common stock at no cost. To cover tax obligations, 2,338 common shares were disposed of at $10.90 per share, leaving Jankovic with 140,595 directly owned common shares.
Harmonic Inc. reported preliminary unaudited results showing mixed trends for the fourth quarter and fiscal 2025. Total company net revenue was $157.3 million in Q4 and $570.8 million for 2025, while GAAP net loss per share was $(0.49) for Q4 and $(0.38) for the year, driven largely by discontinued Video operations and a $57.5 million goodwill impairment.
Broadband continuing operations generated net revenue of $98.2 million in Q4 and $360.5 million for 2025, with Q4 GAAP net income of $0.2 million, non-GAAP net income of $7.2 million and Adjusted EBITDA of $12.1 million. Bookings in Q4 were $346.9 million, producing a 3.5 book‑to‑bill ratio and lifting backlog and deferred revenue to $573.8 million, up 73% year over year.
Cash and cash equivalents were $124.1 million at December 31, 2025, compared with $101.5 million a year earlier, and the company repurchased about 1.3 million shares for $13.3 million in Q4. Harmonic reiterated plans to sell its Video business to MediaKind for $145 million in cash, expected to close in the first half of 2026, and issued 2026 Broadband guidance calling for GAAP net revenue of $440‑$480 million and non‑GAAP net income per share of $0.46‑$0.63.
Harmonic Inc. reported preliminary unaudited results showing mixed trends for the fourth quarter and fiscal 2025. Total company net revenue was $157.3 million in Q4 and $570.8 million for 2025, while GAAP net loss per share was $(0.49) for Q4 and $(0.38) for the year, driven largely by discontinued Video operations and a $57.5 million goodwill impairment.
Broadband continuing operations generated net revenue of $98.2 million in Q4 and $360.5 million for 2025, with Q4 GAAP net income of $0.2 million, non-GAAP net income of $7.2 million and Adjusted EBITDA of $12.1 million. Bookings in Q4 were $346.9 million, producing a 3.5 book‑to‑bill ratio and lifting backlog and deferred revenue to $573.8 million, up 73% year over year.
Cash and cash equivalents were $124.1 million at December 31, 2025, compared with $101.5 million a year earlier, and the company repurchased about 1.3 million shares for $13.3 million in Q4. Harmonic reiterated plans to sell its Video business to MediaKind for $145 million in cash, expected to close in the first half of 2026, and issued 2026 Broadband guidance calling for GAAP net revenue of $440‑$480 million and non‑GAAP net income per share of $0.46‑$0.63.
HARMONIC INC. director Daniel T. Whalen reported exercising restricted stock units into common shares. He converted 16,143 restricted stock units, with each unit representing a contingent right to receive one share of HLIT common stock, into 16,143 shares of common stock at a stated price of $0.00 per share.
Following this derivative exercise and related issuance, his directly held common stock position increased to 29,983 shares. The filing reflects an equity award settlement rather than an open-market purchase or sale.