Harmonic Historical Income Statement

HLIT Stock  USD 12.82  0.26  2.07%   
Historical analysis of Harmonic income statement accounts such as Total Revenue of 360.1 M or Gross Profit of 166.2 M can show how well Harmonic performed in making a profits. Evaluating Harmonic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Harmonic's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Harmonic latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Harmonic is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmonic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.

About Harmonic Income Statement Analysis

Harmonic Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Harmonic shareholders. The income statement also shows Harmonic investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Harmonic Income Statement Chart

At this time, Harmonic's Non Operating Income Net Other is comparatively stable compared to the past year. Tax Provision is likely to gain to about 20.3 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 380.4 M in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Harmonic generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Harmonic minus its cost of goods sold. It is profit before Harmonic operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Harmonic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Harmonic current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmonic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.At this time, Harmonic's Non Operating Income Net Other is comparatively stable compared to the past year. Tax Provision is likely to gain to about 20.3 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 380.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit259.7M315.9M312.5M166.2M
Total Revenue507.1M625.0M607.9M360.1M

Harmonic income statement Correlations

-0.330.430.30.52-0.32-0.310.440.190.530.48-0.240.15-0.180.070.45-0.090.050.220.32-0.45-0.230.49-0.26-0.18
-0.33-0.010.080.02-0.23-0.220.12-0.36-0.10.16-0.4-0.79-0.410.170.22-0.4-0.710.43-0.830.83-0.25-0.24-0.180.46
0.43-0.010.980.980.30.320.960.540.980.920.30.060.27-0.10.890.320.18-0.170.070.190.35-0.40.25-0.1
0.30.080.980.940.340.360.950.540.930.910.31-0.040.27-0.090.890.320.11-0.17-0.040.270.35-0.460.27-0.08
0.520.020.980.940.110.140.980.390.980.970.120.010.16-0.120.950.160.12-0.040.010.190.3-0.30.23-0.11
-0.32-0.230.30.340.110.990.040.840.25-0.050.980.320.78-0.15-0.10.870.43-0.760.390.060.54-0.670.34-0.03
-0.31-0.220.320.360.140.990.060.850.27-0.030.980.30.78-0.16-0.080.870.41-0.70.360.090.57-0.680.35-0.07
0.440.120.960.950.980.040.060.290.930.990.03-0.070.08-0.10.980.070.020.02-0.110.270.26-0.30.22-0.11
0.19-0.360.540.540.390.840.850.290.530.20.860.360.580.060.140.840.4-0.590.48-0.190.3-0.360.05-0.07
0.53-0.10.980.930.980.250.270.930.530.90.270.150.26-0.110.860.30.24-0.170.170.10.34-0.330.23-0.13
0.480.160.920.910.97-0.05-0.030.990.20.9-0.07-0.150.02-0.131.0-0.02-0.030.11-0.170.280.23-0.250.21-0.09
-0.24-0.40.30.310.120.980.980.030.860.27-0.070.470.81-0.17-0.130.90.55-0.790.52-0.080.57-0.60.35-0.11
0.15-0.790.06-0.040.010.320.3-0.070.360.15-0.150.470.42-0.11-0.220.430.69-0.580.79-0.530.320.080.16-0.4
-0.18-0.410.270.270.160.780.780.080.580.260.020.810.42-0.71-0.030.840.52-0.670.520.030.76-0.630.69-0.3
0.070.17-0.1-0.09-0.12-0.15-0.16-0.10.06-0.11-0.13-0.17-0.11-0.71-0.11-0.31-0.20.17-0.21-0.2-0.640.38-0.80.39
0.450.220.890.890.95-0.1-0.080.980.140.861.0-0.13-0.22-0.03-0.11-0.08-0.080.15-0.240.320.19-0.250.19-0.05
-0.09-0.40.320.320.160.870.870.070.840.3-0.020.90.430.84-0.31-0.080.53-0.750.48-0.170.42-0.490.24-0.05
0.05-0.710.180.110.120.430.410.020.40.24-0.030.550.690.52-0.2-0.080.53-0.550.62-0.490.41-0.290.250.06
0.220.43-0.17-0.17-0.04-0.76-0.70.02-0.59-0.170.11-0.79-0.58-0.670.170.15-0.75-0.55-0.530.22-0.350.43-0.26-0.03
0.32-0.830.07-0.040.010.390.36-0.110.480.17-0.170.520.790.52-0.21-0.240.480.62-0.53-0.590.350.050.26-0.41
-0.450.830.190.270.190.060.090.27-0.190.10.28-0.08-0.530.03-0.20.32-0.17-0.490.22-0.590.31-0.60.320.12
-0.23-0.250.350.350.30.540.570.260.30.340.230.570.320.76-0.640.190.420.41-0.350.350.31-0.720.82-0.47
0.49-0.24-0.4-0.46-0.3-0.67-0.68-0.3-0.36-0.33-0.25-0.60.08-0.630.38-0.25-0.49-0.290.430.05-0.6-0.72-0.57-0.17
-0.26-0.180.250.270.230.340.350.220.050.230.210.350.160.69-0.80.190.240.25-0.260.260.320.82-0.57-0.49
-0.180.46-0.1-0.08-0.11-0.03-0.07-0.11-0.07-0.13-0.09-0.11-0.4-0.30.39-0.05-0.050.06-0.03-0.410.12-0.47-0.17-0.49
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Harmonic Account Relationship Matchups

Harmonic income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization20.4M15.7M13.1M19.6M12.3M22.9M
Interest Expense11.7M11.5M10.6M5.0M2.7M3.4M
Total Revenue402.9M378.8M507.1M625.0M607.9M360.1M
Gross Profit223.0M195.0M259.7M315.9M312.5M166.2M
Other Operating Expenses386.7M389.0M488.2M576.1M585.7M380.4M
Operating Income13.1M(11.0M)18.8M45.5M22.2M23.3M
Ebit13.1M(14.7M)19.5M45.5M22.2M24.4M
Research Development84.6M82.5M102.2M120.3M126.3M71.0M
Ebitda33.5M999K32.5M65.1M22.2M21.1M
Cost Of Revenue179.9M183.8M247.4M309.1M295.4M193.9M
Total Operating Expenses206.8M205.1M240.8M267.0M290.4M186.5M
Income Before Tax(6.6M)(26.2M)8.9M44.5M19.1M20.1M
Total Other Income Expense Net(19.7M)(13.8M)(9.9M)(1.0M)(3.0M)(3.2M)
Net Income(5.9M)(29.3M)13.3M28.2M84.0M88.2M
Income Tax Expense(672K)3.1M(4.4M)16.3M(64.9M)(61.6M)
Selling General Administrative118.3M118.5M137.1M146.0M158.2M104.1M
Net Income Applicable To Common Shares(5.9M)(29.3M)13.3M28.2M25.4M26.6M
Net Income From Continuing Ops(5.9M)(29.3M)13.3M28.2M6.3M6.6M
Non Operating Income Net Other(11.9M)(19.7M)(2.3M)687K618.3K649.2K
Non Recurring2.9M3.1M2.3M110K99K94.1K
Tax Provision(672K)3.1M(4.4M)16.3M19.4M20.3M
Net Interest Income(11.7M)(11.5M)(10.6M)(5.0M)(3.1M)(3.2M)
Reconciled Depreciation19.6M15.7M13.1M12.3M12.2M13.4M

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Additional Tools for Harmonic Stock Analysis

When running Harmonic's price analysis, check to measure Harmonic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmonic is operating at the current time. Most of Harmonic's value examination focuses on studying past and present price action to predict the probability of Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmonic's price. Additionally, you may evaluate how the addition of Harmonic to your portfolios can decrease your overall portfolio volatility.