Harmonic (HLIT) Free Cash Flow (2009 - 2026)
Harmonic (HLIT) reported Free Cash Flow of $30.3 million for Q2 2026, down 63.3% on a YoY basis from $82.5 million in Q2 2025, and up 48.16% quarter-over-quarter from $20.4 million in Q4 2025.
Harmonic (HLIT) Free Cash Flow (2009 - 2026) Analysis & Trends
Harmonic has reported Free Cash Flow for 18 years, with the latest figure at $30.3 million in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow fell 63.3% year-over-year to $30.3 million; the trailing twelve-month figure through Apr 2026 stood at $55.5 million (down 49.74% YoY), and the FY2025 full-year result was $107.7 million, up 104.28% from the prior year.
- Free Cash Flow for Q2 2026 stood at $30.3 million, up from $20.4 million in the prior quarter.
- The five-year high for Free Cash Flow was $82.5 million in Q1 2025, with the low at -$29.9 million in Q2 2022.
- Historically, Free Cash Flow has averaged $10.9 million across 5 years, with a median of $13.1 million in 2023.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 1421.1% — and 2024, when it surged 11475.62%.
- Harmonic's Free Cash Flow stood at $17.5 million in 2022, then tumbled by 102.32% to -$406000.0 in 2023, then surged by 11475.62% to $46.2 million in 2024, then plunged by 55.73% to $20.4 million in 2025, then soared by 48.16% to $30.3 million in 2026.
- The last three Free Cash Flow figures came in at $30.3 million (Q2 2026), $20.4 million (Q4 2025), and $21.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 153.76 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 389.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 609.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 79.10 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 155.35 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -309.66 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -143.58 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 163.00 Mn |
| 10 | Harmonic | 1.46 Bn | 1.35 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 | 20.45 Mn |
| Dec 31, 2025 | 20.45 Mn |
| Sep 26, 2025 | 21.04 Mn |
| Sep 26, 2025 | 21.04 Mn |
| Jun 27, 2025 | -16.31 Mn |
| Jun 27, 2025 | -16.31 Mn |
| Mar 28, 2025 | 82.54 Mn |
| Mar 28, 2025 | 82.54 Mn |
| Dec 31, 2024 | 46.19 Mn |
| Dec 31, 2024 | 46.19 Mn |
| Sep 27, 2024 | 2.16 Mn |
| Sep 27, 2024 | 2.16 Mn |
| Jun 28, 2024 | -20.53 Mn |
| Jun 28, 2024 | -20.53 Mn |
| Mar 29, 2024 | 24.91 Mn |
| Mar 29, 2024 | 24.91 Mn |
| Dec 31, 2023 | -406,000.00 |
| Dec 31, 2023 | -406,000.00 |