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
DateValue
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