Harmonic (HLIT) Interest Coverage Ratio (2009 - 2026)
Harmonic's (HLIT) quarterly Interest Coverage Ratio came in at 12.26 in Q2 2026, up 193.77% YoY from 4.17 in Q2 2025, and up 51.23% on a QoQ basis from 8.11 in Q4 2025.
Harmonic (HLIT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Harmonic (HLIT) has 18 years of Interest Coverage Ratio data on file, last reported at 12.26 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 193.77% year-over-year to 12.26 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 6.59 (down 42.38% YoY) and the FY2025 annual result came in at 0.43, down 78.59% from the prior year.
- Interest Coverage Ratio rose to 12.26 in Q2 2026, from 8.11 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 35.04 in Q4 2024 to a low of 59.29 in Q4 2023.
- A 5-year average of 1.21 and a median of 5.6 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 846.49% — and 2023, when it plunged 547.32%.
- Tracing HLIT's Interest Coverage Ratio over 5 years: stood at 9.16 in 2022, then sank by 547.32% to 59.29 in 2023, then surged by 159.09% to 35.04 in 2024, then tumbled by 76.86% to 8.11 in 2025, then soared by 51.23% to 12.26 in 2026.
- The last three Interest Coverage Ratio figures came in at 12.26 (Q2 2026), 8.11 (Q4 2025), and 6.39 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 2.05 |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 1.81 |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 1.22 |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 2.48 |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 0.62 |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 61.88 |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -9.38 |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -13.56 |
| 10 | Harmonic | 1.51 Bn | 1.40 Bn | 63.62 Mn | 12.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 12.26 |
| Dec 31, 2025 | 8.11 |
| Sep 26, 2025 | 6.39 |
| Jun 27, 2025 | 2.28 |
| Mar 28, 2025 | 4.17 |
| Dec 31, 2024 | 35.04 |
| Sep 27, 2024 | 13.19 |
| Jun 28, 2024 | -8.82 |
| Mar 29, 2024 | -5.31 |
| Dec 31, 2023 | -59.29 |
| Sep 29, 2023 | -4.88 |
| Jun 30, 2023 | 5.60 |
| Mar 31, 2023 | 6.12 |
| Dec 31, 2022 | -9.16 |
| Sep 30, 2022 | 5.93 |
| Jul 1, 2022 | 7.69 |
| Apr 1, 2022 | 1.32 |
| Dec 31, 2021 | 5.60 |
| Oct 1, 2021 | 2.00 |
| Jul 2, 2021 | 0.81 |