Harmonic provides software and hardware solutions for broadband access networks serving cable and telecommunications operators globally. The company's primary offering is cOS, a cloud-native, software-based broadband access platform that virtualizes network functions traditionally handled by dedicated hardware. This centralized software architecture enables operators to manage distributed access nodes and remote PHY devices across their networks. Harmonic complements its software platform with dedicated hardware products, including DAA nodes (Oyster, Ripple, and SeaStar), PHY shelf products (Reef and Wave), remote PHY devices (Pebble), and OLT modules (Fin, Pearl, and Pier), which support both distributed and remote architectures for cable and fiber networks.
The company generates revenue through software licensing, hardware sales, and recurring subscription services via cOS central cloud services. It also derives income from technical support and professional services, including maintenance, consulting, implementation, system integration, and training. These services support customer deployments and ongoing network operations.
Harmonic operates with approximately 534 full-time employees and is headquartered in San Jose, California. The company maintains a direct sales organization supplemented by independent resellers and systems integrators, enabling it to serve operators across North America, Europe, and other international markets. The company was incorporated in Delaware in 1988.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.38 | $-0.38 | -215.2% | |
| 2024 | $0.33 | $0.34 | -54.2% | |
| 2023 | $0.72 | $0.75 | +188.0% | |
| 2022 | $0.25 | $0.27 | +108.3% | |
| 2021 | $0.12 | $0.13 | — | |
| 2020 | — | — | — | |
| 2019 | $0.06 | $0.06 | — | |
| 2018 | — | — | — | |
| 2017 | $-0.13 | $-0.14 | +0.0% | |
| 2016 | $-0.13 | $-0.13 | -62.5% | |
| 2015 | $-0.08 | $-0.08 | -33.3% | |
| 2014 | $-0.06 | $-0.06 | -200.0% | |
| 2013 | $-0.02 | $-0.02 | -150.0% | |
| 2012 | $0.04 | $0.04 | -50.0% | |
| 2011 | $0.08 | $0.08 | +300.0% | |
| 2010 | $-0.04 | $-0.04 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-24 | 0001193125-26-067506 | SEC ↗ |
| 2024-12-31 | 2025-02-14 | 0000851310-25-000021 | SEC ↗ |
| 2023-12-31 | 2024-02-16 | 0000851310-24-000024 | SEC ↗ |
| 2022-12-31 | 2023-02-28 | 0000851310-23-000021 | SEC ↗ |
| 2021-12-31 | 2022-02-28 | 0000851310-22-000012 | SEC ↗ |
| 2020-12-31 | 2021-03-02 | 0000851310-21-000012 | SEC ↗ |
| 2019-12-31 | 2020-03-02 | 0000851310-20-000006 | SEC ↗ |
| 2018-12-31 | 2019-03-01 | 0000851310-19-000008 | SEC ↗ |
| 2017-12-31 | 2018-03-05 | 0000851310-18-000017 | SEC ↗ |
| 2016-12-31 | 2017-03-03 | 0000851310-17-000011 | SEC ↗ |
| 2015-12-31 | 2016-03-24 | 0000851310-16-000079 | SEC ↗ |
| 2014-12-31 | 2015-03-02 | 0000851310-15-000010 | SEC ↗ |
| 2013-12-31 | 2014-02-28 | 0000851310-14-000008 | SEC ↗ |