| Type | Subsidiary |
| Parent Company | Samsung Electronics |
| HQ | Stamford, US |
| Founded | 1980 |
| Website | harman.com |
Harman was founded in 1980 and is headquartered in Stamford, US
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Harman
Michael Mauser
President and Chief Executive Officer
Sandy Rowland
Executive Vice President and Chief Financial Officer
Yoonho Choi
Director
Mike Peters
President, Connected Car
Kelei Shen
Chief Technology Officer
Nick Parrotta
Chief Digital and Information Officer
Harman Office Locations
Harman has offices in Stamford, Balmain, Hallein, Oakville and in 23 other locations
Stamford, US (HQ)
400 Atlantic St
Balmain, AU
7 Rosebery Place Suites 13 & 17
Hallein, AT
Salzgasse 2/5th Floor
Oakville, CA
2010 Winston Park Dr #200
Shenzhen, CN
20th Floor, China Merchants Port Plaza, No 1, Gongye 3rd Road, SheKou, Nanshan Qu
Struer, DK
Peter Bangs Vej 15
Harman Financials and Metrics
Summary Metrics
Founding Date | 1980 |
Investors | Bessemer Venture Partners |
Harman is a subsidiary of Samsung Electronics
Harman Revenue
Harman's revenue was reported to be $6.91 b in FY, 2016 which is a 12.3% increase from the previous period.
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.2b | 1.3b | 1.4b | 1.4b | 1.6b | 1.5b | 1.6b | 1.8b | 1.6b | 1.8b | 1.9b |
Cost of goods sold | 850.2m | 948.6m | 1.0b | 1.0b | 1.1b | 1.0b | 1.1b | 1.2b | 1.1b | 1.2b | 1.3b |
Gross profit | 321.6m | 379.5m | 364.8m | 414.6m | 493.2m | 418.1m | 487.4m | 545.1m | 492.9m | 541.3m | 608.0m |
Gross profit Margin, % | 27% | 29% | 26% | 29% | 31% | 29% | 30% | 31% | 30% | 31% | 31% |
Annual
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 581.3m | 649.5m | 602.3m |
Accounts Receivable | 894.6m | 1.0b | 1.1b |
Inventories | 662.1m | 693.6m | 706.1m |
Current Assets | 2.5b | 2.9b | 2.9b |
Quarterly
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|
Cash | 397.8m | 510.3m | 592.4m | 402.2m | 437.5m | 360.4m | 511.7m | 683.4m |
Accounts Receivable | 907.0m | 908.2m | 952.7m | 1.0b | 1.0b | 1.1b | 1.2b | 1.2b |
Inventories | 745.7m | 724.2m | 726.4m | 846.3m | 875.4m | 840.2m | 831.9m | 787.6m |
Current Assets | 2.4b | 2.5b | 2.7b | 2.9b | 2.9b | 2.8b | 3.0b | 3.3b |
Annual
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 234.6m | 343.0m | 362.5m |
Depreciation and Amortization | 132.3m | 169.2m | 224.0m |
Inventories | (67.4m) | (89.2m) | (15.2m) |
Accounts Payable | 148.0m | 273.6m | (44.7m) |
Quarterly
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|
Net Income | 82.9m | 199.1m | 269.3m | 87.5m | 200.7m | 289.5m | 103.1m | 202.6m |
Depreciation and Amortization | 37.4m | 74.5m | 114.8m | 56.8m | 114.8m | 165.8m | 51.2m | 103.8m |
Inventories | (110.2m) | (105.7m) | (139.1m) | (160.0m) | (197.8m) | (145.4m) | (122.8m) | (98.7m) |
Accounts Payable | 73.6m | 133.7m | 182.5m | (45.9m) | (21.1m) | (138.8m) | 68.8m | 158.8m |
Harman Revenue Breakdown
Harman revenue breakdown by business segment: 14.6% from Professional Solutions, 44.6% from Connected Car, 30.8% from Lifestyle Audio, 10.0% from Connected Services and 0.0% from Other
Harman Online and Social Media Presence
20.72k Twitter followers
Harman has 20.72k Twitter Followers. The number of followers has increased 1.1% month over month and increased 2.8% quarter over quarter
Harman's Trends
Twitter Engagement Stats for @harman
4.7k
Tweets
762
Following
20.7k
Followers
36
Tweets last 30 days
5.6
Avg. likes per Tweet
100%
Tweets with engagement
Harman News and Updates
January 07, 2020
Harman Announces The Fourth Generation SoundSticks At CES
Harman SoundSticks are the computer speakers that refuse to die. Some 20 years after their original launch, the SoundSticks 4 is here with a cool new look and a great sound.
November 12, 2019
Amazon Ranks Number One in ABI Researchs Connected Car Cloud Platform Competitive Assessment, followed by Microsoft and Harman
The total value of the connected car cloud market will reach US$193 million by the end of 2019 and Amazon and Microsoft are leading the way according to global tech advisory ABI Research. It's just released Connected Car Cloud Platform Competitive Assessment finds that Amazon currently leads the con…
November 05, 2019
CHEAP: Shake up your house with $150 off Harman Kardon Go+Play Bluetooth speaker
Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! When I think of Bluetooth speakers, I mostly picture cute devices that can fit into your bag. These speakers are fine enough if you want to listen to songs with a couple of buddies, or watch a movie on your lapto…
October 29, 2019
CHEAP: Fear me, neighbors — there’s $100 off this Samsung Harman Kardon soundbar and subwoofer
Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! What’s the point of watching your favorite sci-fi movie if you’re going to listen to the audio from those measly in-built TV speakers? That would be an insult to your sonic senses and to the movie too. That’s why…
September 20, 2019
Harriet Harman won't 'back down' in bid to replace Speaker John Bercow
Labour MP Harriet Harman has refused to “back down” in her bid to become the next House of Commons speaker [...]
The post Harriet Harman won't 'back down' in bid to replace Speaker John Bercow appeared first on CityAM.
September 20, 2019
FOCUS-Once hacked, twice shy: How auto supplier Harman learned to fight cyber carjackers
When researchers remotely
hacked a Jeep Cherokee in 2015, slowing it to a crawl in the
middle of a U.S. highway, the portal the hackers used was an
infotainment system made by supplier Harman International.
Harman Blogs
June 05, 2019
HARMAN Launches New Dual-Mode V2X System to Improve Automotive Safety
TU-Automotive Detroit 2019 – NOVI, Mich. – June 5, 2019 - HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on connected technologies for automotive, consumer and enterprise markets, today unveiled a new Dual-Mode V2X system, aimed at enhancing automotive safe…
June 05, 2019
These are the best Bluetooth speakers of 2019
June 04, 2019
HARMAN to invest Rs 350cr at Chakan plant
June 03, 2019
HARMAN Expands Automotive Electronics Manufacturing in Chakan (Pune), Maharashtra
JUNE 03, 2019, CHAKAN (PUNE), MAHARASHTRA, INDIA – HARMAN, a wholly owned subsidiary of Samsung Electronics Co. Ltd., today announced an expansion to its automotive electronics manufacturing plant at Chakan, near Pune, Maharashtra, in sync with the national priority program of ‘Make in India’.
Hono…
Harman Frequently Asked Questions
When was Harman founded?
Harman was founded in 1980.
Who are Harman key executives?
Harman's key executives are Michael Mauser, Sandy Rowland and Yoonho Choi.
What is Harman revenue?
Latest Harman annual revenue is $6.9 b.
Who are Harman competitors?
Competitors of Harman include Samsung Electronics, Panasonic and Sony.
Where is Harman headquarters?
Harman headquarters is located at 400 Atlantic St, Stamford.
Where are Harman offices?
Harman has offices in Stamford, Balmain, Hallein, Oakville and in 23 other locations.
How many offices does Harman have?
Harman has 28 offices.
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