Company / Interest Expense
Harmonic Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.7M
FY2023
5-year range
$2.7M / $10.6M
FY2019-FY2023
Trend
-46.5%
vs FY2022
Sector context
#80 of 90
Information Technology
What the data says
Harmonic Inc.'s interest expense of $3M is lower than 89% of companies in the Information Technology sector (FY2023). Interest Expense has declined for 4 consecutive years, from $12M in FY2019 to $3M in FY2023.
Based on SEC 10-K filings.
$3M in FY2023 with a 5-year CAGR of -25.1%.
Improved from $11M to $3M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -38.4%
- 5-Year CAGR
- -25.1%
- 10-Year CAGR
- -
Sector benchmark
Top 11% in Information TechnologyTop 11% of 90This company $2.7M Sector average $170.2M
▼
-98.4% below sector average
Key checks
Key Insights
- Harmonic Inc.'s interest expense has declined for 4 consecutive years.
- 5-year CAGR of -25.1%, indicating a declining trend.
- In FY2023, interest expense decreased 46.5% year-over-year.
- Ranks #80 out of 90 companies in the Information Technology sector.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.11 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.7M | -46.5% |
| FY2022 | $5.0M | -52.6% |
| FY2021 | $10.6M | -7.7% |
| FY2020 | $11.5M | -1.2% |
| FY2019 | $11.7M | +2.2% |
| FY2018 | $11.4M | +7.4% |
| FY2017 | $10.6M | +5.2% |
| FY2016 | $10.1M | +2113.6% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026