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
DateValue
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