Harmonic (HLIT) risk factors
Item 1A of every Harmonic Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors48 risks15 new4 dropped15 reworded
Harmonic is divesting its Video business to Leone Media Inc. and shifting its revenue dependence solely to the Broadband business. International operations now face risks from outsourcing R&D to development centers in Ukraine. Credit agreement compliance and debt covenants pose ongoing restrictions on financing and capital needs.
Filed Feb 24, 2026 - FY2024 10-K risk factors37 risks
Harmonic relies heavily on its top 10 customers, which generated 72% of net revenue in 2024. The company maintains significant operations and 246 employees in Israel, exposing it to regional conflict risks. Software transitions, debt obligations under a 2023 Credit Agreement, and a new $200 million stock repurchase program dominate the risk profile.
Filed Feb 14, 2025