Harmonic (HLIT) Free Cash Flow (2009 - 2026)
Harmonic (HLIT) posted Free Cash Flow of $30.3 million for Q2 2026, up 215.14% on a QoQ basis from $9.6 million in Q4 2025, and down 63.3% year-over-year from $82.5 million in Q2 2025.
Harmonic (HLIT) Free Cash Flow (2009 - 2026) Analysis & Trends
Harmonic's Free Cash Flow history runs 18 years deep, the most recent figure standing at $30.3 million for Q2 2026.
- Quarterly Free Cash Flow fell 63.3% year-over-year to $30.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $44.6 million (down 62.03% YoY) and the FY2025 annual result came in at $96.9 million, up 57.72% from the prior year.
- Free Cash Flow was $30.3 million for Q2 2026 at Harmonic, up from $9.6 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $82.5 million in Q1 2025 and bottomed at -$29.9 million in Q2 2022.
- A 5-year average of $11.3 million and a median of $9.6 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 4343.97% — and 2024, when it jumped 12107.88%.
- Harmonic's Free Cash Flow stood at $19.1 million in 2022, then slumped by 102.13% to -$406000.0 in 2023, then soared by 12107.88% to $48.8 million in 2024, then slumped by 80.28% to $9.6 million in 2025, then jumped by 215.14% to $30.3 million in 2026.
- Business Quant data shows HLIT's Free Cash Flow at $30.3 million in Q2 2026, $9.6 million in Q4 2025, and $16.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 389.00 Mn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 609.00 Mn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 212.74 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 79.10 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 162.23 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 664.31 Mn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | -309.66 Mn |
| 10 | Harmonic | 1.24 Bn | 1.13 Bn | 63.62 Mn | 30.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 30.29 Mn |
| Apr 3, 2026 | 30.29 Mn |
| Dec 31, 2025 | 9.61 Mn |
| Dec 31, 2025 | 9.61 Mn |
| Sep 26, 2025 | 16.51 Mn |
| Sep 26, 2025 | 16.51 Mn |
| Jun 27, 2025 | -11.77 Mn |
| Jun 27, 2025 | -11.77 Mn |
| Mar 28, 2025 | 82.54 Mn |
| Mar 28, 2025 | 82.54 Mn |
| Dec 31, 2024 | 48.75 Mn |
| Dec 31, 2024 | 48.75 Mn |
| Sep 27, 2024 | 8.29 Mn |
| Sep 27, 2024 | 8.29 Mn |
| Jun 28, 2024 | -22.04 Mn |
| Jun 28, 2024 | -22.04 Mn |
| Mar 29, 2024 | 26.42 Mn |
| Mar 29, 2024 | 26.42 Mn |
| Dec 31, 2023 | -406,000.00 |
| Dec 31, 2023 | -406,000.00 |