Harmonic (HLIT) Revenue & Revenue Breakdown

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Harmonic Revenue Highlights

Latest Revenue (Y)

$607.91M

Latest Revenue (Q)

$195.76M

Main Segment (Y)

Appliance & Integration

Main Geography (Y)

UNITED STATES

Harmonic Revenue by Period

Harmonic Revenue by Year

Date	Revenue	Change
2023-12-31	$607.91M	-2.73%
2022-12-31	$624.96M	23.23%
2021-12-31	$507.15M	33.87%
2020-12-31	$378.83M	-5.97%
2019-12-31	$402.87M	-0.17%
2018-12-31	$403.56M	12.65%
2017-12-31	$358.25M	-11.74%
2016-12-31	$405.91M	7.66%
2015-12-31	$377.03M	-13.04%
2014-12-31	$433.56M	-6.14%
2013-12-31	$461.94M	-12.92%
2012-12-31	$530.46M	-3.43%
2011-12-31	$549.33M	29.76%
2010-12-31	$423.34M	32.47%
2009-12-31	$319.57M	-12.44%
2008-12-31	$364.96M	17.27%
2007-12-31	$311.20M	25.65%
2006-12-31	$247.68M	-3.77%
2005-12-31	$257.38M	3.65%
2004-12-31	$248.31M	36.23%
2003-12-31	$182.28M	-2.33%
2002-12-31	$186.63M	-8.43%
2001-12-31	$203.81M	-22.52%
2000-12-31	$263.05M	42.88%
1999-12-31	$184.10M	119.43%
1998-12-31	$83.90M	12.77%
1997-12-31	$74.40M	22.17%
1996-12-31	$60.90M	55.36%
1995-12-31	$39.20M	-

Harmonic generated $607.91M in revenue during NA 2023, up -2.73% compared to the previous quarter, and up 150.64% compared to the same period a year ago.

Harmonic Revenue by Quarter

Date	Revenue	Change
2024-09-27	$195.76M	41.10%
2024-06-28	$138.74M	13.67%
2024-03-29	$122.06M	-26.95%
2023-12-31	$167.09M	31.36%
2023-09-29	$127.20M	-18.44%
2023-06-30	$155.96M	-1.07%
2023-03-31	$157.65M	-4.07%
2022-12-31	$164.33M	5.52%
2022-09-30	$155.74M	-1.08%
2022-07-01	$157.45M	6.79%
2022-04-01	$147.44M	-5.37%
2021-12-31	$155.80M	23.34%
2021-10-01	$126.32M	11.35%
2021-07-02	$113.45M	1.68%
2021-04-02	$111.58M	-15.17%
2020-12-31	$131.53M	38.61%
2020-09-25	$94.89M	28.24%
2020-06-26	$73.99M	-5.64%
2020-03-27	$78.42M	-35.82%
2019-12-31	$122.18M	5.58%
2019-09-27	$115.72M	36.36%
2019-06-28	$84.86M	5.94%
2019-03-29	$80.11M	-29.52%
2018-12-31	$113.66M	12.96%
2018-09-28	$100.62M	1.47%
2018-06-29	$99.16M	10.02%
2018-03-30	$90.13M	-10.74%
2017-12-31	$100.97M	9.74%
2017-09-29	$92.01M	11.78%
2017-06-30	$82.31M	-0.76%
2017-03-31	$82.94M	-26.67%
2016-12-31	$113.10M	11.53%
2016-09-30	$101.41M	-7.45%
2016-07-01	$109.57M	33.90%
2016-04-01	$81.83M	-5.51%
2015-12-31	$86.60M	3.96%
2015-10-02	$83.31M	-19.20%
2015-07-03	$103.10M	-0.88%
2015-04-03	$104.02M	-3.58%
2014-12-31	$107.88M	-0.17%
2014-09-26	$108.06M	-1.39%
2014-06-27	$109.59M	1.44%
2014-03-28	$108.03M	-10.14%
2013-12-31	$120.22M	-2.19%
2013-09-27	$122.92M	4.94%
2013-06-28	$117.13M	15.20%
2013-03-29	$101.67M	-23.80%
2012-12-31	$133.43M	-2.38%
2012-09-28	$136.68M	3.05%
2012-06-29	$132.63M	3.85%
2012-03-30	$127.72M	-11.08%
2011-12-31	$143.63M	3.43%
2011-09-30	$138.87M	3.64%
2011-07-01	$134.00M	0.87%
2011-04-01	$132.84M	-3.88%
2010-12-31	$138.19M	31.89%
2010-10-01	$104.78M	9.67%
2010-07-02	$95.54M	12.64%
2010-04-02	$84.82M	-2.12%
2009-12-31	$86.66M	3.33%
2009-10-02	$83.86M	3.16%
2009-07-03	$81.29M	19.98%
2009-04-03	$67.76M	-30.07%
2008-12-31	$96.89M	5.95%
2008-09-26	$91.45M	2.37%
2008-06-27	$89.34M	2.36%
2008-03-28	$87.28M	-

Harmonic generated $195.76M in revenue during Q3 2024, up 41.10% compared to the previous quarter, and up 125.51% compared to the same period a year ago.

Harmonic Revenue Breakdown

Harmonic Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
SaaS & Service	$172.03M	$151.15M	$137.38M	$126.82M	$127.08M
SAAS	$50.89M	-	-	-	-
Professional Services	$39.20M	-	-	-	-
Product	$396.68M	-	-	-	-
Appliance & Integration	$435.88M	$473.81M	$369.77M	$252.01M	$275.80M
Support Services	$121.14M	-	-	-	-

Harmonic's latest annual revenue breakdown by segment (product or service), as of Dec 23: Appliance & Integration (35.85%), Product (32.63%), SaaS & Service (14.15%), Support Services (9.96%), SAAS (4.19%), and Professional Services (3.22%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jul 22	Apr 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Professional Services	$3.40M	$6.74M	$7.68M	$30.57M	$8.63M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Appliance & Integration	$153.69M	$94.18M	$81.59M	$125.20M	$84.76M	$111.13M	$114.79M	$122.51M	$116.44M	$121.87M	$112.98M	$119.34M	$91.85M	$78.60M	$79.98M	$98.79M	$63.25M	$42.22M	$47.75M	$85.93M
Support Services	$27.89M	$30.53M	$27.60M	$91.24M	$29.90M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SaaS & Service	$42.07M	$44.56M	$40.47M	$41.90M	$42.44M	$44.84M	$42.85M	$41.82M	$39.30M	$35.58M	$34.45M	$36.46M	$34.47M	$34.85M	$31.60M	$32.74M	$31.64M	$31.77M	$30.66M	$36.24M
SAAS	$14.18M	$14.02M	$12.86M	$38.35M	$12.54M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	$150.28M	$87.44M	$73.92M	$320.55M	$76.13M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Harmonic's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Appliance & Integration (39.25%), Product (38.39%), SaaS & Service (10.75%), Support Services (7.12%), SAAS (3.62%), and Professional Services (0.87%).

Harmonic Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Non-US	$198.96M	-	-	-	-
UNITED STATES	$408.95M	$393.99M	$282.91M	$191.85M	$202.27M

Harmonic's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (67.27%), and Non-US (32.73%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jul 22	Apr 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
UNITED STATES	$157.52M	$100.83M	$81.99M	$120.80M	$80.50M	$101.91M	$105.74M	$111.06M	$89.94M	$106.11M	$86.88M	$90.07M	$64.45M	$61.29M	$67.09M	$77.30M	$44.93M	$35.22M	$34.40M	$62.88M
Non-US	$38.24M	$37.91M	$40.07M	$46.29M	$46.70M	$54.05M	$51.91M	$65.80M	$51.34M	$60.56M	$61.87M	-	-	-	-	-	-	-	-	-

Harmonic's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (80.47%), and Non-US (19.53%).

Harmonic Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMTL	Comtech Telecommunications	$1.11T	$128.08M
CLFD	Clearfield	$166.71B	$48.79M
SATS	EchoStar	$17.02B	$3.95B
COMM	CommScope Company	$5.79B	$1.39B
JNPR	Juniper Networks	$5.56B	$1.33B
EXTR	Extreme Networks	$1.12B	$269.20M
NTGR	NETGEAR	$740.84M	$182.65M
HLIT	Harmonic	$607.91M	$195.76M
KN	Knowles	$462.30M	$95.80M
DGII	Digi	$424.05M	$107.70M
AVNW	Aviat Networks	$408.08M	$88.43M
KVHI	KVH Industries	$132.38M	$28.67M

HLIT Revenue FAQ

What is Harmonic’s yearly revenue?

Harmonic's yearly revenue for 2023 was $607.91M, representing a decrease of -2.73% compared to 2022. The company's yearly revenue for 2022 was $624.96M, representing an increase of 23.23% compared to 2021. HLIT's yearly revenue for 2021 was $507.15M, representing an increase of 33.87% compared to 2020.

What is Harmonic’s quarterly revenue?

Harmonic's quarterly revenue for Q3 2024 was $195.76M, a 41.10% increase from the previous quarter (Q2 2024), and a 53.89% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $138.74M, a 13.67% increase from the previous quarter (Q1 2024), and a -11.04% decrease year-over-year (Q2 2023). HLIT's quarterly revenue for Q1 2024 was $122.06M, a -26.95% decrease from the previous quarter (Q4 2023), and a -22.57% decrease year-over-year (Q1 2023).

What is Harmonic’s revenue growth rate?

Harmonic's revenue growth rate for the last 3 years (2021-2023) was 19.87%, and for the last 5 years (2019-2023) was 50.89%.

What are Harmonic’s revenue streams?

Harmonic's revenue streams in c 23 are SaaS & Service, SAAS, Professional Services, Product, Appliance & Integration, and Support Services. SaaS & Service generated $172.03M in revenue, accounting 14.15% of the company's total revenue, up 13.81% year-over-year. SAAS generated $50.89M in revenue, accounting 4.19% of the company's total revenue Professional Services generated $39.2M in revenue, accounting 3.22% of the company's total revenue Product generated $396.68M in revenue, accounting 32.63% of the company's total revenue Appliance & Integration generated $435.88M in revenue, accounting 35.85% of the company's total revenue, down -8.00% year-over-year. Support Services generated $121.14M in revenue, accounting 9.96% of the company's total revenue

What is Harmonic’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Harmonic was Appliance & Integration. This segment made a revenue of $435.88M, representing 35.85% of the company's total revenue.