Harmonic Inc (HLIT)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 39,217 | 84,938 | 56,725 | 70,812 | 83,994 | 6,284 | 21,519 | 34,804 | 28,182 | 41,908 | 34,698 | 17,849 | 13,254 | 6,862 | -49 | -13,441 | -29,271 | -37,166 | -20,128 | -16,572 |
| Revenue (ttm) | US$ in thousands | 678,722 | 623,648 | 555,095 | 572,318 | 607,907 | 605,149 | 633,684 | 635,167 | 624,957 | 616,427 | 587,010 | 543,012 | 507,149 | 482,873 | 451,444 | 411,990 | 378,831 | 369,481 | 390,314 | 401,185 |
| Net profit margin | 5.78% | 13.62% | 10.22% | 12.37% | 13.82% | 1.04% | 3.40% | 5.48% | 4.51% | 6.80% | 5.91% | 3.29% | 2.61% | 1.42% | -0.01% | -3.26% | -7.73% | -10.06% | -5.16% | -4.13% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $39,217K ÷ $678,722K
= 5.78%
Analyzing the net profit margin trend of Harmonic Inc over the recent quarters reveals fluctuations in profitability. The company experienced negative net profit margins in the initial quarters of the data period, which improved gradually reaching positive territory by September 30, 2021. This improvement continued through the end of 2022 and early 2023, with net profit margins ranging from 3.29% to 13.82%.
However, there was a slight decline in profitability in the second half of 2023 and early 2024 as the net profit margin decreased to around 3-5%. By the end of 2024, the net profit margin stood at 5.78%, displaying a lower but stable profitability level compared to the peak in early 2023.
It is essential to closely monitor Harmonic Inc's net profit margin in the upcoming periods to assess the company's ability to sustain or enhance its profitability levels and generate value for its stakeholders.
Peer comparison
Dec 31, 2024