Harmonic annual free cash flow
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2025
Harmonic Free Cash Flow (FCF) History (HLIT)
Harmonic reported $96.9M in free cash flow for fiscal 2025, an increase of 83.74% from the previous fiscal year, with a free cash flow margin of 26.87%.
View full Harmonic company overviewHarmonic free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $96.9M | $44.2M | +83.74% | +26.87% |
| 2024 | 2024-12-31 | $52.7M | $54.1M | — | +10.80% |
| 2023 | 2023-12-31 | −$1.4M | $2.4M | — | −0.36% |
| 2022 | 2022-12-31 | −$3.8M | −$31.8M | — | −0.60% |
| 2021 | 2021-12-31 | $28.0M | $21.1M | +303.02% | +5.53% |
| 2020 | 2020-12-31 | $7.0M | −$14.0M | −66.81% | +1.84% |
| 2019 | 2019-12-31 | $21.0M | $15.7M | +300.13% | +5.20% |
| 2018 | 2018-12-31 | $5.2M | $13.6M | — | +1.30% |
| 2017 | 2017-12-31 | −$8.3M | $6.3M | — | −2.33% |
| 2016 | 2016-12-31 | −$14.7M | −$6.7M | — | −3.61% |
| 2015 | 2015-12-31 | −$8.0M | −$45.3M | — | −2.12% |
| 2014 | 2014-12-31 | $37.3M | −$1.9M | −4.78% | +8.60% |
| 2013 | 2013-12-31 | $39.2M | −$19.0M | −32.69% | +8.48% |
| 2012 | 2012-12-31 | $58.2M | $30.3M | +108.56% | +12.21% |
| 2011 | 2011-12-31 | $27.9M | $46.0M | — | +5.69% |
| 2010 | 2010-12-31 | −$18.1M | −$21.1M | — | −4.27% |
| 2009 | 2009-12-31 | $3.0M | −$48.6M | −94.18% | +0.94% |
| 2008 | 2008-12-31 | $51.6M | — | — | +14.13% |
Harmonic quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-07-03 | −$59.6M | −$44.1M | — | −44.62% |
| Q1 2026 | 2026-04-03 | $30.3M | −$51.4M | −62.94% | +24.89% |
| Q4 2025 | 2025-12-31 | $9.6M | −$36.6M | −79.19% | +20.74% |
| Q3 2025 | 2025-09-26 | $21.0M | $15.3M | +266.77% | +14.78% |
| Q2 2025 | 2025-06-27 | −$15.5M | $8.6M | — | −17.83% |
| Q1 2025 | 2025-03-28 | $81.7M | $56.8M | +228.13% | +96.29% |
| Q4 2024 | 2024-12-31 | $46.2M | $42.6M | +1204.29% | +145.95% |
| Q3 2024 | 2024-09-27 | $5.7M | −$3.4M | −37.16% | +2.93% |
| Q2 2024 | 2024-06-28 | −$24.1M | −$6.1M | — | −17.37% |
| Q1 2024 | 2024-03-29 | $24.9M | $21.0M | +532.37% | +20.41% |
| Q4 2023 | 2023-12-31 | $3.5M | −$13.9M | −79.75% | — |
| Q3 2023 | 2023-09-29 | $9.1M | $19.2M | — | +7.18% |
| Q2 2023 | 2023-06-30 | −$18.0M | −$36.8M | — | −11.56% |
| Q1 2023 | 2023-03-31 | $3.9M | $33.9M | — | +2.50% |
| Q4 2022 | 2022-12-31 | $17.5M | $12.5M | +252.91% | +10.64% |
| Q3 2022 | 2022-09-30 | −$10.1M | −$22.4M | — | −6.49% |
| Q2 2022 | 2022-07-01 | $18.8M | $6.0M | +47.47% | +11.92% |
| Q1 2022 | 2022-04-01 | −$29.9M | −$28.0M | — | −20.29% |
| Q4 2021 | 2021-12-31 | $5.0M | −$30.6M | −86.06% | +3.18% |
| Q3 2021 | 2021-10-01 | $12.3M | $21.1M | — | +9.76% |
| Q2 2021 | 2021-07-02 | $12.7M | $10.3M | +429.60% | +11.21% |
| Q1 2021 | 2021-04-02 | −$2.0M | $20.3M | — | −1.76% |
| Q4 2020 | 2020-12-31 | $35.6M | $10.8M | +43.36% | +27.03% |
| Q3 2020 | 2020-09-25 | −$8.7M | −$12.5M | — | −9.20% |
| Q2 2020 | 2020-06-26 | $2.4M | $12.5M | — | +3.25% |
| Q1 2020 | 2020-03-27 | −$22.3M | −$24.8M | — | −28.39% |
| Q4 2019 | 2019-12-31 | $24.8M | $20.5M | +479.96% | +20.30% |
| Q3 2019 | 2019-09-27 | $3.8M | $2.9M | +318.39% | +3.24% |
| Q2 2019 | 2019-06-28 | −$10.1M | −$18.6M | — | −11.93% |
| Q1 2019 | 2019-03-29 | $2.5M | $10.9M | — | +3.17% |
| Q4 2018 | 2018-12-31 | $4.3M | −$2.4M | −36.27% | +3.76% |
| Q3 2018 | 2018-09-28 | $897,000 | $12.6M | — | +0.89% |
| Q2 2018 | 2018-06-29 | $8.5M | $5.5M | +183.71% | +8.54% |
| Q1 2018 | 2018-03-30 | −$8.4M | −$2.1M | — | −9.32% |
| Q4 2017 | 2017-12-31 | $6.7M | −$2.7M | −28.56% | +6.65% |
| Q3 2017 | 2017-09-29 | −$11.7M | −$3.7M | — | −12.73% |
| Q2 2017 | 2017-06-30 | $3.0M | $10.9M | — | +3.63% |
| Q1 2017 | 2017-03-31 | −$6.3M | $1.8M | — | −7.61% |
| Q4 2016 | 2016-12-31 | $9.4M | $15.6M | — | +8.30% |
| Q3 2016 | 2016-09-30 | −$8.1M | −$148,000 | — | −7.95% |
| Q2 2016 | 2016-07-01 | −$7.9M | −$15.8M | — | −7.24% |
| Q1 2016 | 2016-04-01 | −$8.1M | −$6.3M | — | −9.86% |
| Q4 2015 | 2015-12-31 | −$6.2M | −$24.8M | — | −7.13% |
| Q3 2015 | 2015-10-02 | −$7.9M | −$6.3M | — | −9.50% |
| Q2 2015 | 2015-07-03 | $7.9M | −$4.6M | −37.07% | +7.62% |
| Q1 2015 | 2015-04-03 | −$1.8M | −$9.6M | — | −1.71% |
| Q4 2014 | 2014-12-31 | $18.6M | $3.3M | +21.90% | +17.28% |
| Q3 2014 | 2014-09-26 | −$1.6M | −$15.2M | — | −1.52% |
| Q2 2014 | 2014-06-27 | $12.5M | −$7.9M | −38.63% | +11.39% |
| Q1 2014 | 2014-03-28 | $7.8M | $17.8M | — | +7.23% |
| Q4 2013 | 2013-12-31 | $15.3M | −$2.6M | −14.60% | +12.72% |
| Q3 2013 | 2013-09-27 | $13.6M | −$5.3M | −28.13% | +11.03% |
| Q2 2013 | 2013-06-28 | $20.3M | $3.1M | +17.90% | +17.37% |
| Q1 2013 | 2013-03-29 | −$10.0M | −$14.2M | — | −9.85% |
| Q4 2012 | 2012-12-31 | $17.9M | −$2.0M | −9.97% | +17.61% |
| Q3 2012 | 2012-09-28 | $18.9M | $11.5M | +155.69% | +13.80% |
| Q2 2012 | 2012-06-29 | $17.3M | $4.0M | +29.95% | +14.14% |
| Q1 2012 | 2012-03-30 | $4.2M | $16.8M | — | +3.59% |
| Q4 2011 | 2011-12-31 | $19.9M | $9.3M | +88.25% | +23.36% |
| Q3 2011 | 2011-09-30 | $7.4M | $28.3M | — | +5.31% |
| Q2 2011 | 2011-07-01 | $13.3M | $16.8M | — | +9.91% |
| Q1 2011 | 2011-04-01 | −$12.6M | −$8.5M | — | −9.52% |
| Q4 2010 | 2010-12-31 | $10.6M | $9.5M | +935.98% | +7.65% |
| Q3 2010 | 2010-10-01 | −$20.9M | — | — | −19.98% |
| Q2 2010 | 2010-07-02 | −$3.6M | — | — | −3.73% |
| Q1 2010 | 2010-04-02 | −$4.1M | — | — | −4.87% |
| Q3 2009 | 2009-10-02 | $1.0M | — | — | +1.22% |
Harmonic free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $7.0M to $96.9M, a compound annual growth rate of 69.34%. Harmonic's latest reported quarter, Q2 2026, generated −$59.6M in free cash flow, a decrease of $44.1M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Harmonic filings at SEC.gov ↗