Harmonic (HLIT) Shares Outstanding (2009 - 2026)
Harmonic (HLIT) recorded Shares Outstanding of 108.65 million in Q2 2026, down 4.2% from 113.39 million a year earlier and down 1.0% from the prior quarter.
Harmonic (HLIT) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Harmonic reported Shares Outstanding of 113.66 million, down 1.3% from FY2024.
- Annual Shares Outstanding has a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 115.12 million in FY2024 (+3.1%), 111.65 million in FY2023 (+6.3%), 105.08 million in FY2022 (+3.5%) and 101.48 million in FY2021 (+4.7%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding since Q4 2022.
- On a year-over-year basis, Shares Outstanding has declined for five consecutive quarters, with an average decline of 0.6% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 6.5% in Q1 2023, against a decline of 5.7% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 109.71 million (Q1 2026), 113.66 million (Q4 2025) and 112.98 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 14.66 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 3.95 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 645.00 Mn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 1.26 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 147.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 219.00 Mn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 345.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 5.98 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 74.60 Mn |
| 10 | Harmonic | 1.15 Bn | 558.95 Mn | 69.89 Mn | 108.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 108.65 Mn |
| Apr 3, 2026 | 109.71 Mn |
| Dec 31, 2025 | 113.66 Mn |
| Sep 26, 2025 | 112.98 Mn |
| Jun 27, 2025 | 113.39 Mn |
| Mar 28, 2025 | 116.32 Mn |
| Dec 31, 2024 | 115.12 Mn |
| Sep 27, 2024 | 116.40 Mn |
| Jun 28, 2024 | 115.03 Mn |
| Mar 29, 2024 | 112.35 Mn |
| Dec 31, 2023 | 111.65 Mn |
| Sep 29, 2023 | 112.03 Mn |
| Jun 30, 2023 | 111.46 Mn |
| Mar 31, 2023 | 110.79 Mn |
| Dec 31, 2022 | 105.08 Mn |
| Sep 30, 2022 | 105.23 Mn |
| Jul 1, 2022 | 104.63 Mn |
| Apr 1, 2022 | 103.99 Mn |
| Dec 31, 2021 | 101.48 Mn |
| Oct 1, 2021 | 102.10 Mn |
Harmonic Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=HLIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "HLIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();