| Cash Flow | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 |
|---|---|---|---|---|
| Net income | 7,309 | -54,815 | 2,694 | 8,811 |
| Depreciation | 2,523 | 2,867 | 2,823 | 5,392 |
| Asset impairment and related charges | NaN | 0 | 0 | 1,637 |
| Impairment of goodwill | NaN | 57,521 | NaN | NaN |
| Stock-based compensation | 9,811 | 8,396 | 7,324 | 16,162 |
| Foreign currency remeasurement | -1,076 | -401 | 150 | -596 |
| Deferred income taxes, net | 199 | 11,596 | -402 | -2,718 |
| Provision for excess and obsolete inventories | 586 | 481 | 801 | 1,988 |
| Other | 44 | 66 | 70 | -9 |
| Accounts receivable, net | -3,206 | 20,213 | -16,054 | -58,067 |
| Inventories | 4,713 | 3,159 | -2,663 | 6,607 |
| Prepaid expenses and other assets | 3,802 | 7,057 | -10,851 | 492 |
| Accounts payable | 9,233 | 7,820 | -16,815 | 3,030 |
| Deferred revenues | 7,837 | 9,047 | -1,029 | 2,202 |
| Other liabilities | -1,619 | -663 | -1,114 | -16,151 |
| Net cash provided by operating activities | 31,690 | 12,288 | 23,770 | 71,908 |
| Purchases of investments | NaN | 0 | NaN | NaN |
| Proceeds from maturities of investments | NaN | 0 | NaN | NaN |
| Purchases of property and equipment | 1,399 | 2,676 | 2,732 | 5,672 |
| Net cash used in investing activities | -1,399 | -2,676 | -2,732 | -5,672 |
| Proceeds from long-term debt | 55,000 | 40,000 | 55,000 | 40,000 |
| Repayment of convertible debt | NaN | 0 | 0 | 0 |
| Payments for debt issuance costs | NaN | 0 | 0 | 0 |
| Proceeds from other borrowings | NaN | 0 | 0 | 3,835 |
| Repayment of long-term debt and other borrowings | 55,750 | 40,919 | 59,431 | 42,466 |
| Repurchase of common stock | 42,951 | 13,270 | 15,655 | 50,102 |
| Proceeds from common stock issued to employees | 3,089 | 0 | 2,927 | 3,056 |
| Taxes paid related to net share settlement of equity awards | 3,937 | 570 | 589 | 3,206 |
| Net cash used in financing activities | -44,549 | -14,759 | -17,748 | -48,883 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | -836 | 1,893 | 151 | 5,132 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -15,094 | -3,254 | 3,441 | 22,485 |
| Cash and cash equivalents and restricted cash at beginning of period | 124,461 | 127,715 | 101,789 | NaN |
| Cash and cash equivalents and restricted cash at end of period | 109,367 | 124,461 | 127,715 | NaN |
HARMONIC INC. (HLIT)
HARMONIC INC. (HLIT)