Flagship explainer

How HARMONIC INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$361M · 100%Cost of revenue$186M · 52%Gross profit$175M · 48%Operating income$14.1M · 4%Income before tax$8.9M · 2%Income tax$7.6M · 2%Net income−$43.3M · −12%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$361M100%
Cost of revenue$186M52%
$175M48%
$14.1M4%
Income before tax$8.9M2%
Income tax$7.6M2%
−$43.3M−12%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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