Harmonic (HLIT) Debt to Equity (2016 - 2026)

Harmonic (HLIT) reported Debt to Equity of $0.31 for Q2 2026, up 1123.38% on a YoY basis from $0.03 in Q2 2025, and up 7.2% quarter-over-quarter from $0.29 in Q4 2025.

Harmonic (HLIT) Debt to Equity (2016 - 2026) Analysis & Trends

Harmonic has reported Debt to Equity for 11 years, with the latest figure at $0.31 in Q2 2026.

  • For the quarter ending Q2 2026, Debt to Equity rose 1123.38% year-over-year to $0.31; the trailing twelve-month figure through Apr 2026 stood at $0.31 (up 1123.38% YoY), and the FY2025 full-year result was $0.29, up 19.07% from the prior year.
  • Debt to Equity for Q2 2026 stood at $0.31, up from $0.29 in the prior quarter.
  • The five-year high for Debt to Equity was $0.37 in Q3 2023, with the low at $0.02 in Q2 2024.
  • Historically, Debt to Equity has averaged $0.15 across 5 years, with a median of $0.06 in 2022.
  • Annual changes were most pronounced in 2024 — Debt to Equity plunged 95.68% — and 2026, when it surged 1123.38%.
  • Harmonic's Debt to Equity stood at $0.05 in 2022, then surged by 645.66% to $0.37 in 2023, then tumbled by 32.84% to $0.25 in 2024, then climbed by 19.07% to $0.29 in 2025, then rose by 7.2% to $0.31 in 2026.
  • The last three Debt to Equity figures came in at $0.31 (Q2 2026), $0.29 (Q4 2025), and $0.02 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 0.64
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 0.55
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 3.50
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 0.87
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 1.10
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn -
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 1.12
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 0.04
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 0.76
10 Harmonic 1.46 Bn 1.35 Bn 63.62 Mn 0.31

Historic Data

Download Data
DateValue
Apr 3, 2026 0.31
Dec 31, 2025 0.29
Sep 26, 2025 0.02
Jun 27, 2025 0.03
Mar 28, 2025 0.03
Dec 31, 2024 0.25
Sep 27, 2024 0.03
Jun 28, 2024 0.02
Mar 29, 2024 0.31
Sep 29, 2023 0.37
Jun 30, 2023 0.36
Mar 31, 2023 0.05
Dec 31, 2022 0.05
Sep 30, 2022 0.16
Jul 1, 2022 0.05
Apr 1, 2022 0.06
Dec 31, 2021 0.19
Oct 1, 2021 0.07
Jul 2, 2021 0.07
Apr 2, 2021 0.20