HARMONIC INC.
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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FY2025 · Filed Feb 24, 2026
HLIT$10.23+7.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except par value)
| As of December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $124,105 | $101,457 |
| Accounts receivable, net of allowances for credit losses of $227 and $415 as of December 31, 2025 and December 31, 2024, respectively | 85,935 | 143,724 |
| Inventories | 47,840 | 43,060 |
| Prepaid expenses and other current assets | 12,530 | 9,888 |
| Assets held for sale | 223,961 | 267,011 |
| Total current assets | 494,371 | 565,140 |
| Property and equipment, net | 25,648 | 25,162 |
| Operating lease right-of-use assets | 13,687 | 12,411 |
| Goodwill | 60,900 | 60,773 |
| Deferred income taxes, net | 104,043 | 113,906 |
| Other non-current assets | 19,834 | 19,114 |
| Total assets | $718,483 | $796,506 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $2,944 | $2,194 |
| Accounts payable | 23,093 | 28,318 |
| Deferred revenue | 31,519 | 14,385 |
| Operating lease liabilities | 6,433 | 5,675 |
| Other current liabilities | 48,288 | 54,745 |
| Liabilities to be disposed of | 85,671 | 86,966 |
| Total current liabilities | 197,948 | 192,283 |
| Long-term debt | 109,140 | 112,084 |
| Operating lease liabilities, non-current | 14,664 | 14,727 |
| Other non-current liabilities | 13,485 | 12,154 |
| Total liabilities | 335,237 | 331,248 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued or outstanding | — | — |
| Common stock, $0.001 par value, 150,000 shares authorized; 111,186 and 116,735 shares issued and outstanding at December 31, 2025 and 2024, respectively | 111 | 117 |
| Additional paid-in capital | 2,466,177 | 2,432,733 |
| Accumulated deficit | (2,076,406) | (1,953,495) |
| Accumulated other comprehensive loss | (6,636) | (14,097) |
| Total stockholders’ equity | 383,246 | 465,258 |
| Total liabilities and stockholders’ equity | $718,483 | $796,506 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.