Harmonic (HLIT) Debt Ratio (2016 - 2026)
Harmonic (HLIT) reported Debt Ratio of 0.16 for Q2 2026, up 968.42% on a YoY basis from 0.01 in Q2 2025, and up 1.2% quarter-over-quarter from 0.16 in Q4 2025.
Harmonic (HLIT) Debt Ratio (2016 - 2026) Analysis & Trends
Harmonic has reported Debt Ratio for 11 years, with the latest figure at 0.16 in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 968.42% year-over-year to 0.16; the trailing twelve-month figure through Apr 2026 stood at 0.16 (up 968.42% YoY), and the FY2025 full-year result was 0.16, up 8.73% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.16, up from 0.16 in the prior quarter.
- The five-year high for Debt Ratio was 0.18 in Q3 2023, with the low at 0.01 in Q2 2024.
- Historically, Debt Ratio has averaged 0.08 across 5 years, with a median of 0.02 in 2023.
- Annual changes were most pronounced in 2024 — Debt Ratio tumbled 95.21% — and 2026, when it jumped 968.42%.
- Harmonic's Debt Ratio stood at 0.02 in 2022, then surged by 725.18% to 0.18 in 2023, then fell by 22.44% to 0.14 in 2024, then increased by 8.73% to 0.16 in 2025, then increased by 1.2% to 0.16 in 2026.
- The last three Debt Ratio figures came in at 0.16 (Q2 2026), 0.16 (Q4 2025), and 0.01 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 469.93 Bn | 453.29 Bn | 10.08 Bn | 0.25 |
| 2 | Motorola Solutions | 65.69 Bn | 64.83 Bn | 1.36 Bn | 0.47 |
| 3 | Hewlett Packard Enterprise | 63.18 Bn | 58.34 Bn | 8.25 Bn | 0.29 |
| 4 | Ciena | 60.70 Bn | 59.40 Bn | 625.52 Mn | 0.26 |
| 5 | Lumentum Holdings | 60.35 Bn | 57.18 Bn | 357.00 Mn | 0.47 |
| 6 | Ubiquiti | 35.71 Bn | 35.34 Bn | 370.71 Mn | - |
| 7 | AST SpaceMobile | 23.10 Bn | 23.68 Bn | -69.36 Mn | 0.49 |
| 8 | Applied Optoelectronics | 12.30 Bn | 11.86 Bn | 43.92 Mn | 0.03 |
| 9 | Zebra Technologies | 11.58 Bn | 11.47 Bn | 742.00 Mn | 0.32 |
| 10 | Harmonic | 1.66 Bn | 1.55 Bn | 63.62 Mn | 0.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 0.16 |
| Dec 31, 2025 | 0.16 |
| Sep 26, 2025 | 0.01 |
| Jun 27, 2025 | 0.02 |
| Mar 28, 2025 | 0.01 |
| Dec 31, 2024 | 0.14 |
| Sep 27, 2024 | 0.02 |
| Jun 28, 2024 | 0.01 |
| Mar 29, 2024 | 0.17 |
| Sep 29, 2023 | 0.18 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.07 |
| Jul 1, 2022 | 0.02 |
| Apr 1, 2022 | 0.03 |
| Dec 31, 2021 | 0.08 |
| Oct 1, 2021 | 0.03 |
| Jul 2, 2021 | 0.03 |
| Apr 2, 2021 | 0.08 |