Harmonic (HLIT) FCF Margin (2009 - 2026)
Harmonic (HLIT) posted FCF Margin of -44.62% for Q2 2026, down 26.79 percentage points from -17.83% a year earlier and down 69.51 percentage points from the prior quarter.
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Analysis
Harmonic (HLIT) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, FCF Margin at Harmonic was 0.40%, down 29.20 percentage points year-over-year; for FY2025, it was 26.87%, up 16.07 percentage points from FY2024.
- Annual FCF Margin has increased for three consecutive years, with a five-year change of +25.04 percentage points (FY2020 to FY2025).
- In prior years, Harmonic's FCF Margin was 10.80% in FY2024 (+11.17 pp), -0.36% in FY2023 (+0.24 pp), -0.60% in FY2022 (-6.13 pp) and 5.53% in FY2021 (+3.69 pp).
- The Q2 2026 figure stands as the lowest quarterly FCF Margin in data going back to Q3 2009.
- On a year-over-year basis, FCF Margin increased in two of the last six quarters, with an average year-over-year change of -2.53 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q1 2025, with a gain of 75.89 percentage points; the weakest was Q1 2026, with a drop of 71.40 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 29.17% |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 28.96% |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 2.10% |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 34.70% |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 79.01% |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 30.81% |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 34.19% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 6.96% |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 19.50% |
| 10 | Harmonic | 1.15 Bn | 558.95 Mn | 69.89 Mn | -44.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | -44.62% |
| Apr 3, 2026 | 24.89% |
| Sep 26, 2025 | 14.78% |
| Jun 27, 2025 | -17.83% |
| Mar 28, 2025 | 96.29% |
| Dec 31, 2024 | 145.95% |
| Sep 27, 2024 | 2.93% |
| Jun 28, 2024 | -17.37% |
| Mar 29, 2024 | 20.41% |
| Sep 29, 2023 | 7.18% |
| Jun 30, 2023 | -11.56% |
| Mar 31, 2023 | 2.50% |
| Dec 31, 2022 | 10.64% |
| Sep 30, 2022 | -6.49% |
| Jul 1, 2022 | 11.92% |
| Apr 1, 2022 | -20.29% |
| Dec 31, 2021 | 3.18% |
| Oct 1, 2021 | 9.76% |
| Jul 2, 2021 | 11.21% |
| Apr 2, 2021 | -1.76% |
API Access
Harmonic FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=HLIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "HLIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();