Harmonic (HLIT) Interest Coverage Ratio (2020 - 2026)
Harmonic (HLIT) reported Interest Coverage Ratio of 18.95 for Q2 2026, up 253.12% on a YoY basis from 5.37 in Q2 2025, and down 90.33% quarter-over-quarter from 196.03 in Q4 2025.
Harmonic (HLIT) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Harmonic has reported Interest Coverage Ratio for 7 years, with the latest figure at 18.95 in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 253.12% year-over-year to 18.95; the trailing twelve-month figure through Apr 2026 stood at 3.58 (down 72.35% YoY), and the FY2025 full-year result was 0.49, down 95.76% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 18.95, down from 196.03 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 196.03 in Q4 2025, with the low at 178.47 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 7.97 across 5 years, with a median of 8.9 in 2022.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 1232.14% — and 2023, when it tumbled 1106.24%.
- Harmonic's Interest Coverage Ratio stood at 17.74 in 2022, then plunged by 1106.24% to 178.47 in 2023, then soared by 122.13% to 39.5 in 2024, then soared by 396.25% to 196.03 in 2025, then plunged by 90.33% to 18.95 in 2026.
- The last three Interest Coverage Ratio figures came in at 18.95 (Q2 2026), 196.03 (Q4 2025), and 8.29 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 469.93 Bn | 453.29 Bn | 10.08 Bn | 10.50 |
| 2 | Motorola Solutions | 65.69 Bn | 64.83 Bn | 1.36 Bn | 4.73 |
| 3 | Hewlett Packard Enterprise | 63.18 Bn | 58.34 Bn | 8.25 Bn | - |
| 4 | Ciena | 60.70 Bn | 59.40 Bn | 625.52 Mn | 8.91 |
| 5 | Lumentum Holdings | 60.35 Bn | 57.18 Bn | 357.00 Mn | 28.15 |
| 6 | Ubiquiti | 35.71 Bn | 35.34 Bn | 370.71 Mn | - |
| 7 | AST SpaceMobile | 23.10 Bn | 23.68 Bn | -69.36 Mn | - |
| 8 | Applied Optoelectronics | 12.30 Bn | 11.86 Bn | 43.92 Mn | -15.05 |
| 9 | Zebra Technologies | 11.58 Bn | 11.47 Bn | 742.00 Mn | - |
| 10 | Harmonic | 1.66 Bn | 1.55 Bn | 63.62 Mn | 18.95 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 18.95 |
| Dec 31, 2025 | 196.03 |
| Sep 26, 2025 | 8.29 |
| Jun 27, 2025 | 3.09 |
| Mar 28, 2025 | 5.37 |
| Dec 31, 2024 | 39.50 |
| Sep 27, 2024 | 13.19 |
| Jun 28, 2024 | -10.98 |
| Mar 29, 2024 | -13.18 |
| Dec 31, 2023 | -178.47 |
| Sep 29, 2023 | -13.90 |
| Jun 30, 2023 | 12.45 |
| Mar 31, 2023 | 15.84 |
| Dec 31, 2022 | 17.74 |
| Sep 30, 2022 | 8.90 |
| Jul 1, 2022 | 10.82 |
| Apr 1, 2022 | 1.77 |
| Dec 31, 2021 | 5.60 |
| Oct 1, 2021 | 2.00 |
| Jul 2, 2021 | 0.81 |