Harmonic (HLIT) FCF Margin (2009 - 2026)
Harmonic (HLIT) reported FCF Margin of 24.89% for Q2 2026, down 7236.0% on a YoY basis from 0.35% in Q2 2025, and up 164.55% quarter-over-quarter from 38.56% in Q4 2025.
Harmonic (HLIT) FCF Margin (2009 - 2026) Analysis & Trends
Harmonic has reported FCF Margin for 18 years, with the latest figure at 24.89% in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 7236.0% year-over-year to 24.89%; the trailing twelve-month figure through Apr 2026 stood at 15.89% (down 858.0% YoY), and the FY2025 full-year result was 29.88%, up 1908.0% from the prior year.
- FCF Margin for Q2 2026 stood at 24.89%, up from 38.56% in the prior quarter.
- The five-year high for FCF Margin was 145.95% in Q4 2024, with the low at 38.56% in Q4 2025.
- Historically, FCF Margin has averaged 13.94% across 5 years, with a median of 2.5% in 2023.
- Annual changes were most pronounced in 2024 — FCF Margin soared 14518 bps — and 2025, when it plunged 18451 bps.
- Harmonic's FCF Margin stood at 10.64% in 2022, then plunged by 93 bps to 0.78% in 2023, then jumped by 18713 bps to 145.95% in 2024, then sank by 126 bps to 38.56% in 2025, then jumped by 165 bps to 24.89% in 2026.
- The last three FCF Margin figures came in at 24.89% (Q2 2026), 38.56% (Q4 2025), and 14.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 469.93 Bn | 453.29 Bn | 10.08 Bn | 21.10% |
| 2 | Motorola Solutions | 65.69 Bn | 64.83 Bn | 1.36 Bn | 14.33% |
| 3 | Hewlett Packard Enterprise | 63.18 Bn | 58.34 Bn | 8.25 Bn | 6.55% |
| 4 | Ciena | 60.70 Bn | 59.40 Bn | 625.52 Mn | 10.77% |
| 5 | Lumentum Holdings | 60.35 Bn | 57.18 Bn | 357.00 Mn | 9.78% |
| 6 | Ubiquiti | 35.71 Bn | 35.34 Bn | 370.71 Mn | 19.71% |
| 7 | AST SpaceMobile | 23.10 Bn | 23.68 Bn | -69.36 Mn | -2,101.51% |
| 8 | Applied Optoelectronics | 12.30 Bn | 11.86 Bn | 43.92 Mn | -94.99% |
| 9 | Zebra Technologies | 11.58 Bn | 11.47 Bn | 742.00 Mn | 10.90% |
| 10 | Harmonic | 1.66 Bn | 1.55 Bn | 63.62 Mn | 24.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 24.89% |
| Dec 31, 2025 | -38.56% |
| Sep 26, 2025 | 14.78% |
| Jun 27, 2025 | -11.81% |
| Mar 28, 2025 | 97.25% |
| Dec 31, 2024 | 145.95% |
| Sep 27, 2024 | 1.10% |
| Jun 28, 2024 | -14.79% |
| Mar 29, 2024 | 20.41% |
| Dec 31, 2023 | 0.78% |
| Sep 29, 2023 | 10.28% |
| Jun 30, 2023 | -11.56% |
| Mar 31, 2023 | 2.50% |
| Dec 31, 2022 | 10.64% |
| Sep 30, 2022 | -9.62% |
| Jul 1, 2022 | 15.01% |
| Apr 1, 2022 | -20.29% |
| Dec 31, 2021 | 4.92% |
| Oct 1, 2021 | 17.29% |
| Jul 2, 2021 | 11.21% |