# Harmonic Inc.: overview

HLIT · Nasdaq · CIK 851310 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hlit.md) · [Financials](/companies/hlit/financials.md) · [Filings](/companies/hlit/filings.md) · [Insiders](/companies/hlit/insiders.md)

Latest reported revenue: [$133.5m](/filings/0001193125-26-353891.md) for Q2 FY2026, three months to 2026-07-03, from the 10-Q filed Aug 17, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-353891).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-27) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-28) | Q2 FY2025 (2025-06-27) | Q3 FY2025 (2025-09-26) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-04-03) | Q2 FY2026 (2026-07-03) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [196](/filings/0001193125-25-264696.md) | [31.6 d](/filings/0001193125-26-067506.md) | [84.9](/filings/0001193125-26-221899.md) | [86.9](/filings/0001193125-26-353891.md) | [142](/filings/0001193125-25-264696.md) | [(53.0) d](/filings/0001193125-26-067506.md) | [122](/filings/0001193125-26-221899.md) | [133](/filings/0001193125-26-353891.md) |
| Gross margin | % | [53.5%](/filings/0001193125-25-264696.md) | [(3.7%) d](/filings/0001193125-26-067506.md) | [54.8%](/filings/0001193125-26-221899.md) | [45.8%](/filings/0001193125-26-353891.md) | [54.2%](/filings/0001193125-25-264696.md) | [103.3% d](/filings/0001193125-26-067506.md) | [52.3%](/filings/0001193125-26-221899.md) | [52.4%](/filings/0001193125-26-353891.md) |
| Operating margin | % | [18.1%](/filings/0001193125-25-264696.md) | [203.7% d](/filings/0001193125-26-067506.md) | [8.3%](/filings/0001193125-26-221899.md) | [(0.9%)](/filings/0001193125-26-353891.md) | [6.9%](/filings/0001193125-25-264696.md) | [18.4% d](/filings/0001193125-26-067506.md) | [16.8%](/filings/0001193125-26-221899.md) | [17.7%](/filings/0001193125-26-353891.md) |
| Net margin | % | [11.1%](/filings/0001193125-25-264696.md) | [120.5% d](/filings/0001193125-26-067506.md) | [7.0%](/filings/0001193125-26-221899.md) | [3.3%](/filings/0001193125-26-353891.md) | [1.9%](/filings/0001193125-25-264696.md) | [103.4% d](/filings/0001193125-26-067506.md) | [6.0%](/filings/0001193125-26-221899.md) | [(1.7%)](/filings/0001193125-26-353891.md) |
| Diluted EPS | $ per share | [0.19](/filings/0001193125-25-264696.md) | not reported | [0.05](/filings/0001193125-26-221899.md) | [0.03](/filings/0001193125-26-353891.md) | [0.02](/filings/0001193125-25-264696.md) | not reported | [0.07](/filings/0001193125-26-221899.md) | [(0.02)](/filings/0001193125-26-353891.md) |
| Free cash flow | $m | [5.7 d](/filings/0001193125-25-264696.md) | [46.2 d](/filings/0001193125-26-067506.md) | [81.7](/filings/0001193125-26-221899.md) | [(15.5) d](/filings/0001193125-26-353891.md) | [21.0 d](/filings/0001193125-25-264696.md) | [9.6 d](/filings/0001193125-26-067506.md) | [30.3](/filings/0001193125-26-221899.md) | [(59.6) d](/filings/0001193125-26-353891.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [507](/filings/0000851310-24-000024.md) | [625](/filings/0000851310-25-000021.md) | [388](/filings/0001193125-26-067506.md) | [488](/filings/0001193125-26-067506.md) | [361](/filings/0001193125-26-067506.md) |
| Gross margin | % | [51.2%](/filings/0000851310-24-000024.md) | [50.5%](/filings/0000851310-25-000021.md) | [45.9%](/filings/0001193125-26-067506.md) | [49.2%](/filings/0001193125-26-067506.md) | [48.5%](/filings/0001193125-26-067506.md) |
| Operating margin | % | [3.7%](/filings/0000851310-24-000024.md) | [7.3%](/filings/0000851310-25-000021.md) | [7.7%](/filings/0001193125-26-067506.md) | [15.3%](/filings/0001193125-26-067506.md) | [3.9%](/filings/0001193125-26-067506.md) |
| Net margin | % | [2.6%](/filings/0000851310-24-000024.md) | [4.5%](/filings/0000851310-25-000021.md) | [21.6%](/filings/0001193125-26-067506.md) | [8.0%](/filings/0001193125-26-067506.md) | [(12.0%)](/filings/0001193125-26-067506.md) |
| Diluted EPS | $ per share | [0.12](/filings/0000851310-24-000024.md) | [0.25](/filings/0000851310-25-000021.md) | [0.72](/filings/0001193125-26-067506.md) | [0.33](/filings/0001193125-26-067506.md) | [(0.38)](/filings/0001193125-26-067506.md) |
| Free cash flow | $m | [28.0](/filings/0000851310-24-000024.md) | [(3.8)](/filings/0000851310-25-000021.md) | [(1.4)](/filings/0001193125-26-067506.md) | [52.7](/filings/0001193125-26-067506.md) | [96.9](/filings/0001193125-26-067506.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hlit/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $294.0m | 18,004,412 |  | Reduced −1,160,837 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $88.0m | 5,389,426 |  | Reduced −745,127 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $84.1m | 5,147,739 |  | Added +286,787 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $77.9m | 4,770,651 |  | Added +70,297 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $53.8m | 3,291,847 |  | Added +1,095,378 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $52.5m | 3,215,450 |  | Added +2,001,215 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $47.7m | 2,918,817 |  | Reduced −754,581 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $46.6m | 2,853,280 |  | Added +59,032 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $34.9m | 2,139,718 |  | Added +452,300 |
| [Trigran Investments, Inc.](/funds/1336800.md) | 2026-06-30 | $31.0m | 1,897,838 |  | Reduced −1,318,997 |

## Recent filings

[All 1,311 filings](/companies/hlit/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-11-02 | 16:07 ET | [8-K](/filings/0001193125-26-443647.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-443647 |
| 2026-08-17 | 15:15 ET | [10-Q](/filings/0001193125-26-353891.md) | Quarterly report, period 2026-07-03 | 0001193125-26-353891 |
| 2026-08-12 | 16:09 ET | [8-K](/filings/0001193125-26-346853.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-346853 |
| 2026-06-17 | 09:05 ET | [8-K](/filings/0001193125-26-273457.md) | 2.01 Completion of an acquisition or disposition; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-273457 |
| 2026-06-08 | 17:00 ET | [8-K](/filings/0001193125-26-261984.md) | 7.01 Regulation FD disclosure | 0001193125-26-261984 |
| 2026-06-05 | 16:10 ET | [8-K](/filings/0001193125-26-259564.md) | 5.07 Shareholder vote results | 0001193125-26-259564 |
| 2026-05-13 | 17:03 ET | [10-Q](/filings/0001193125-26-221899.md) | Quarterly report, period 2026-04-03 | 0001193125-26-221899 |
| 2026-05-11 | 16:10 ET | [8-K](/filings/0001193125-26-216776.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-216776 |
| 2026-04-24 | 16:13 ET | [DEF 14A](/filings/0001140361-26-016701.md) | Proxy statement, period 2026-06-04 | 0001140361-26-016701 |
| 2026-04-02 | 16:37 ET | [8-K](/filings/0001193125-26-140309.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-140309 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-067506.md), filed Feb 24, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 851310
- Tickers: HLIT
- Exchange: Nasdaq
- SIC code: 3663 Radio & Tv Broadcasting & Communications Equipment
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Nov 2, 2026, 16:49 ET. No prices; not investment advice.