Harmonic (HLIT) Invested Capital (2016 - 2026)

Harmonic's (HLIT) quarterly Invested Capital came in at $2.9 million in Q2 2026, little changed on a QoQ basis from $2.9 million in Q4 2025.

Harmonic (HLIT) Invested Capital (2016 - 2026) Analysis & Trends

Harmonic (HLIT) has 11 years of Invested Capital data on file, last reported at $2.9 million in Q2 2026.

Quarterly Invested Capital changed N/A year-over-year to $2.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $11.5 million (up 425.34% YoY) and the FY2025 annual result came in at $2.9 million, up 34.18% from the prior year.
Invested Capital steadied at $2.9 million in Q2 2026, from $2.9 million in the prior quarter.
In the past five years, Invested Capital ranged from a high of $114.9 million in Q4 2023 to a low of $2.2 million in Q4 2024.
A 5-year average of $24.4 million and a median of $4.7 million in 2022 frame the typical range for Invested Capital.
Annual changes were most pronounced in 2023 — Invested Capital surged 2315.48% — and 2024, when it tumbled 98.09%.
Tracing HLIT's Invested Capital over 5 years: stood at $4.8 million in 2022, then surged by 2315.48% to $114.9 million in 2023, then plunged by 98.09% to $2.2 million in 2024, then jumped by 34.18% to $2.9 million in 2025, then changed by 0.0% to $2.9 million in 2026.
The last three Invested Capital figures came in at $2.9 million (Q2 2026), $2.9 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Invested Cap. (Qtr)
1	Cisco Systems	440.02 Bn	423.38 Bn	10.08 Bn	11.93 Bn
2	Hewlett Packard Enterprise	77.69 Bn	72.40 Bn	3.94 Bn	3.01 Bn
3	Motorola Solutions	77.25 Bn	76.56 Bn	1.68 Bn	615.00 Mn
4	Lumentum Holdings	66.40 Bn	63.23 Bn	357.00 Mn	3.24 Bn
5	Nokia	61.84 Bn	54.37 Bn	10.09 Bn	3.97 Bn
6	Ciena	60.71 Bn	59.51 Bn	691.55 Mn	11.58 Mn
7	Ubiquiti	34.65 Bn	34.28 Bn	370.71 Mn	-
8	Ericsson Lm Telephone	34.62 Bn	28.92 Bn	2.58 Bn	-
9	AST SpaceMobile	27.62 Bn	28.12 Bn	9.12 Mn	8.49 Mn
10	Harmonic	1.51 Bn	1.40 Bn	63.62 Mn	2.94 Mn

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