HARMONIC INC. (HLIT) FY2025 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-07-03

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HARMONIC INC. cash flow reconciliation, Jan 1, 2026 through Jul 3, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from long-term debt → financing reconciliation: $170,000,000.00Remaining financing cash flows, net (calculated) → financing reconciliation: $91,920,000.00Proceeds from common stock issued to employees → financing reconciliation: $4,534,000.00financing reconciliation → Net cash from financing activities: $45,960,000.00financing reconciliation → Repayment of long-term debt and other borrowings: $171,519,000.00financing reconciliation → Repurchase of common stock: $42,950,000.00financing reconciliation → Taxes paid related to net share settlement of equity awards: $6,025,000.00Remaining investing cash flows, net (calculated) → investing reconciliation: $131,963,000.00investing reconciliation → Net cash from investing activities: $128,958,000.00investing reconciliation → Purchases of property and equipment: $3,005,000.00Net cash used in operating activities → operating reconciliation: $26,260,000.00Net income (loss) → operating reconciliation: $4,985,000.00Stock-based compensation → operating reconciliation: $21,467,000.00Accounts payable → operating reconciliation: $16,729,000.00Other liabilities → operating reconciliation: $8,951,000.00Accounts receivable, net → operating reconciliation: $8,152,000.00Deferred revenues → operating reconciliation: $5,979,000.00Depreciation → operating reconciliation: $5,193,000.00Deferred income taxes, net → operating reconciliation: $2,917,000.00Provision for excess and obsolete inventories → operating reconciliation: $1,441,000.00Foreign currency remeasurement → operating reconciliation: $88,000.00Other → operating reconciliation: $18,000.00operating reconciliation → Remaining operating cash flows, net (calculated): $74,279,000.00operating reconciliation → Inventories: $23,567,000.00operating reconciliation → Prepaid expenses and other assets: $4,334,000.00Exchange-rate effect → Cash sources and uses: $1,479,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $124,461,000.00Net cash from financing activities → Cash sources and uses: $45,960,000.00Net cash from investing activities → Cash sources and uses: $128,958,000.00Cash sources and uses → Difference in the filed cash totals (calculated): $42,358,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $232,240,000.00Cash sources and uses → Net cash used in operating activities: $26,260,000.00Depreciation: $5,193,000.00Depreciation expense+$5.19 MForeign currency remeasurement: $88,000.00FX transaction gain & loss+$88.00 KDeferred revenues: $5,979,000.00Unearned revenue+$5.98 MAccounts payable: $16,729,000.00Accounts payable+$16.73 MAccounts receivable, net: $8,152,000.00Accounts receivable+$8.15 MProvision for excess and obsolete inventories: $1,441,000.00Inventory write-downs+$1.44 MStock-based compensation: $21,467,000.00Stock-based compensation+$21.47 MNet income (loss): $4,985,000.00Net income (loss)+$4.99 MInventories: -$23,567,000.00Inventories−$23.57 MDeferred income taxes, net: $2,917,000.00Deferred taxes & credits+$2.92 MPrepaid expenses and other assets: -$4,334,000.00Prepaid & other assets−$4.33 MOther liabilities: $8,951,000.00Accrued liabilities+$8.95 MOther: $18,000.00Other operating, net+$18.00 KRemaining operating cash flows, net (calculated): -$74,279,000.00Remaining operating (calculated)−$74.28 MNet cash used in operating activities: -$26,260,000.00. Cash required to fund net payments.Operating cash−$26.26 Moperating reconciliation: $102,180,000.00Proceeds from long-term debt: $170,000,000.00Long-term debt issued+$170.00 MRepurchase of common stock: -$42,950,000.00Common stock repurchases−$42.95 MRepayment of long-term debt and other borrowings: -$171,519,000.00Long-term debt & other repaid−$171.52 MProceeds from common stock issued to employees: $4,534,000.00Employee stock plans & options+$4.53 MTaxes paid related to net share settlement of equity awards: -$6,025,000.00Stock-award tax withholding−$6.03 MRemaining financing cash flows, net (calculated): $91,920,000.00Remaining financing (calculated)+$91.92 MNet cash from financing activities: $45,960,000.00Financing cash+$45.96 Mfinancing reconciliation: $266,454,000.00Purchases of property and equipment: -$3,005,000.00PP&E purchases−$3.01 MRemaining investing cash flows, net (calculated): $131,963,000.00Remaining investing (calculated)+$131.96 MNet cash from investing activities: $128,958,000.00Investing cash+$128.96 Minvesting reconciliation: $131,963,000.00Cash sources and uses: $300,858,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $124,461,000.00Beginning cash$124.46 MEnding cash: Cash, cash equivalents, and restricted cash: $232,240,000.00Ending cash$232.24 MExchange-rate effect: $1,479,000.00FX effect+$1.48 MDifference in the filed cash totals (calculated): -$42,358,000.00Filer's cash difference(calculated)−$42.36 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsFree cash flow−$29.27 MOperating cash − cash spent on PP&ECash flow / Net income−5.27×Operating cash flow ÷ net incomeNet cash change+$107.78 MEnding cash − beginning cash
Chart details

HARMONIC INC. cash flow reconciliation, Jan 1, 2026 through Jul 3, 2026

Cash flows for Jan 1, 2026 through Jul 3, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jul 3, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
124,461,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 26,260,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the operating total. The filing's tagged operating lines do not add up to the operating total; this is the difference. It may combine inflows and outflows.
Net income (loss)
4,985,000 US dollars
Depreciation
5,193,000 US dollars
Foreign currency remeasurement
88,000 US dollars
Deferred revenues
5,979,000 US dollars
Accounts payable
16,729,000 US dollars
Accounts receivable, net
8,152,000 US dollars
Provision for excess and obsolete inventories
1,441,000 US dollars
Stock-based compensation
21,467,000 US dollars
Inventories
negative 23,567,000 US dollars
Deferred income taxes, net
2,917,000 US dollars
Prepaid expenses and other assets
negative 4,334,000 US dollars
Other liabilities
8,951,000 US dollars
Other
18,000 US dollars
Remaining operating cash flows, net (calculated)
negative 74,279,000 US dollars
Investing activities
128,958,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the investing total. The filing's tagged investing lines do not add up to the investing total; this is the difference. It may combine inflows and outflows.
Purchases of property and equipment
negative 3,005,000 US dollars
Remaining investing cash flows, net (calculated)
131,963,000 US dollars
Financing activities
45,960,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. The filing's tagged financing lines do not add up to the financing total; this is the difference. It may combine inflows and outflows.
Proceeds from long-term debt
170,000,000 US dollars
Repurchase of common stock
negative 42,950,000 US dollars
Repayment of long-term debt and other borrowings
negative 171,519,000 US dollars
Proceeds from common stock issued to employees
4,534,000 US dollars
Taxes paid related to net share settlement of equity awards
negative 6,025,000 US dollars
Remaining financing cash flows, net (calculated)
91,920,000 US dollars
Operating adjustment reconciliation
102,180,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing displayed reconciliation
266,454,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing displayed reconciliation
131,963,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
Exchange-rate effect
1,479,000 US dollars
Difference in the filed cash totals (calculated)
negative 42,358,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
Ending cash on Jul 3, 2026
232,240,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
300,858,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
107,779,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−5.27×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
negative 26,260,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
3,005,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 29,265,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • The filer's reported cash figures differ by $42.36 M: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 26,260,000 US dollars minus 3,005,000 US dollars equals negative 29,265,000 US dollars.
  • The filer's reported cash figures differ by $42.36 M: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
HARMONIC INC. (HLIT) FY2025 YTD Q2 Statement of Cash Flows Sankey chart
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