Today Harmonic is the worldwide leader in video delivery infrastructure solutions and the first to provide broadcasters, service providers and other media companies with emerging video capabilities that are ready to deploy on a global scale. At Harmonic we help our customers respond to the challenges of the digital video revolution while reaping its benefits, —including the ability to deliver stunning video to viewers on any screen, anywhere. Our cutting-edge solutions power everything from HEVC (High Efficiency Video Coding) compression of Ultra HD video to blazing-fast transcoding of over-the-top (OTT) video-on-demand content.

Company Growth (employees)
San Jose, US
Size (employees)
1,376 (est)+40%
Harmonic is headquartered in San Jose, US

Key People at Harmonic

Patrick Harshman

Patrick Harshman

President and Chief Executive Officer
Shahar Bar

Shahar Bar

Senior Vice President, Corporate Development
Nimrod Ben-Natan

Nimrod Ben-Natan

Senior Vice President and General Manager, Cable Products
Charles Bonasera

Charles Bonasera

Senior Vice President, Operations

Harmonic Office Locations

Harmonic has offices in San Jose, Hong Kong, Noida, Chuo and in 13 other locations
San Jose, US (HQ)
4300 N First Street
Dubai, AE
Dubai Media City Al Thuraya 2, 805 Dubai 500717
Moskva, RU
Mosenka Park Towers Taganskaya Street 17 23 Building B, 11th Floor
Caesarea, IL
19 Alon Hatavor St., P.O.B 3600 Caesarea Industrial Park
Issy Les Moulineaux, FR
50 Rue Camille Desmoulins
Farnborough, GB
250 Fowler Ave
Singapore, SG
1 Changi Business Park Crescent #03 06, Plaza 8
Seoul, KR
Kgit Center #802 1601 Sangam Dong Mapo Gu
Chuo, JP
5 F Kayaba Cho Square Bldg 3 7 6 Nihonbashi Kayabacho
Noida, IN
Ecity Bioscope Rd
Hong Kong, HK
8 Argyle St

Harmonic Data and Metrics

Harmonic Financial Metrics

Harmonic's revenue was reported to be $405.9 m in FY, 2016 which is a 8% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

405.9 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

200.8 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(72.3 m)

EBIT (FY, 2016)

(67 m)

Market capitalization (26-May-2017)

422.8 m

Closing share price (26-May-2017)


Cash (31-Dec-2016)

55.6 m
Harmonic's current market capitalization is $422.8 m.
Numbers are in $, USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


461.9 m433.6 m377 m405.9 m

Revenue growth, %


Cost of goods sold

201.1 m216.6 m214.5 m196.8 m172.3 m122 m205.2 m

Gross profit

265.2 m261.3 m255 m200.8 m

Gross profit Margin, %


Operating expense total

243.5 m233.9 m215.7 m267.8 m


(23 m)(21.6 m)(12.9 m)(67 m)

EBIT margin, %


Pre tax profit

(23.2 m)(21.8 m)(16.1 m)(80.4 m)

Income tax expense

9.8 m(651 k)(1.5 m)(44.7 m)24.5 m(407 k)(8.1 m)

Net Income

37 m(46.2 m)(15.7 m)(72.3 m)
Numbers are in $, USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016


152.5 m96.5 m91 m96.7 m90.3 m73 m126.2 m55.6 m

Accounts Receivable

75.1 m74.1 m69.5 m86.8 m


36.9 m32.7 m38.8 m41.2 m

Current Assets

328.7 m232.7 m286.1 m216.8 m


34.9 m27.2 m27 m32.2 m


198 m197.9 m197.8 m237.3 m

Total Assets

606.1 m480.5 m525 m554.1 m

Accounts Payable

22.4 m15.3 m19.4 m28.9 m

Current Liabilities

85.1 m89.9 m84.9 m144.9 m

Additional Paid-in Capital

2.3 b2.3 b2.2 b2.3 b

Retained Earnings

(1.8 b)(1.9 b)(1.9 b)(2 b)

Total Equity

328.2 m270.6 m

Financial Leverage

1.6 x2 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

37 m(46.2 m)(15.7 m)(72.3 m)

Depreciation and Amortization

8.1 m6.8 m5.8 m10.4 m

Accounts Receivable

9.9 m(1 m)2.6 m(2.6 m)


13.3 m1.6 m(6 m)(4.1 m)

Accounts Payable

(3.4 m)56 k4.7 m5.8 m

Cash From Operating Activities

53.8 m47.4 m6.4 m438 k

Purchases of PP&E

(14.6 m)(10.1 m)(14.4 m)(15.1 m)

Cash From Investing Activities

51.1 m27.8 m(10.4 m)(70.5 m)

Cash From Financing Activities

(111.2 m)(92 m)57.5 m(152 k)
Y, 2016

Financial Leverage

2 x

Harmonic Market Value History

Harmonic Median Salaries

Source: 51 public H-1B filings from Harmonic

Harmonic Online and Social Media Presence

Harmonic News and Updates

Harmonic Company Life and Culture

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