Harmonic (HLIT) Invested Capital (2009 - 2026)

Harmonic (HLIT) reported Invested Capital of $466.5 million for Q2 2026, down 16.68% on a YoY basis from $559.9 million in Q2 2025, and down 5.82% quarter-over-quarter from $495.3 million in Q4 2025.

Harmonic (HLIT) Invested Capital (2009 - 2026) Analysis & Trends

Harmonic has reported Invested Capital for 18 years, with the latest figure at $466.5 million in Q2 2026.

  • For the quarter ending Q2 2026, Invested Capital fell 16.68% year-over-year to $466.5 million; the trailing twelve-month figure through Apr 2026 stood at $466.5 million (down 16.68% YoY), and the FY2025 full-year result was $495.3 million, down 14.53% from the prior year.
  • Invested Capital for Q2 2026 stood at $466.5 million, down from $495.3 million in the prior quarter.
  • The five-year high for Invested Capital was $579.5 million in Q4 2024, with the low at $289.6 million in Q2 2022.
  • Historically, Invested Capital has averaged $451.0 million across 5 years, with a median of $457.2 million in 2023.
  • Annual changes were most pronounced in 2024 — Invested Capital soared 53.98% — and 2026, when it retreated 16.68%.
  • Harmonic's Invested Capital stood at $329.3 million in 2022, then surged by 32.68% to $436.9 million in 2023, then jumped by 32.66% to $579.5 million in 2024, then declined by 14.53% to $495.3 million in 2025, then slipped by 5.82% to $466.5 million in 2026.
  • The last three Invested Capital figures came in at $466.5 million (Q2 2026), $495.3 million (Q4 2025), and $555.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 71.76 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 3.93 Bn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 3.11 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 28.68 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 2.99 Bn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 1.20 Bn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 2.67 Bn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 1.15 Bn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 6.13 Bn
10 Harmonic 1.46 Bn 1.35 Bn 63.62 Mn 466.50 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 466.50 Mn
Dec 31, 2025 495.33 Mn
Sep 26, 2025 555.83 Mn
Jun 27, 2025 559.71 Mn
Mar 28, 2025 559.92 Mn
Dec 31, 2024 579.54 Mn
Sep 27, 2024 543.70 Mn
Jun 28, 2024 432.81 Mn
Mar 29, 2024 524.26 Mn
Dec 31, 2023 436.87 Mn
Sep 29, 2023 455.45 Mn
Jun 30, 2023 457.23 Mn
Mar 31, 2023 340.47 Mn
Dec 31, 2022 329.26 Mn
Sep 30, 2022 338.28 Mn
Jul 1, 2022 301.55 Mn
Apr 1, 2022 289.56 Mn
Dec 31, 2021 332.74 Mn
Oct 1, 2021 278.71 Mn
Jul 2, 2021 273.00 Mn