Harmonic (HLIT) Gross Margin (2009 - 2026)
Harmonic (HLIT) reported Gross Margin of 52.27% for Q2 2026, down 249.0% on a YoY basis from 35.08% in Q2 2025, and down 49.38% quarter-over-quarter from 103.26% in Q4 2025.
Harmonic (HLIT) Gross Margin (2009 - 2026) Analysis & Trends
Harmonic has reported Gross Margin for 18 years, with the latest figure at 52.27% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 249.0% year-over-year to 52.27%; the trailing twelve-month figure through Apr 2026 stood at 45.77% (down 378.0% YoY), and the FY2025 full-year result was 48.47%, down 71.0% from the prior year.
- Gross Margin for Q2 2026 stood at 52.27%, down from 103.26% in the prior quarter.
- The five-year high for Gross Margin was 103.26% in Q4 2025, with the low at 3.68% in Q4 2024.
- Historically, Gross Margin has averaged 54.76% across 5 years, with a median of 52.95% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin sank 10410 bps — and 2025, when it soared 10694 bps.
- Harmonic's Gross Margin stood at 52.15% in 2022, then soared by 93 bps to 100.43% in 2023, then tumbled by 104 bps to 3.68% in 2024, then soared by 2910 bps to 103.26% in 2025, then slumped by 49 bps to 52.27% in 2026.
- The last three Gross Margin figures came in at 52.27% (Q2 2026), 103.26% (Q4 2025), and 54.17% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 63.63% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 43.83% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 50.18% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 88.72% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 44.16% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 47.03% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -470.73% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 29.06% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 49.63% |
| 10 | Harmonic | 1.46 Bn | 1.35 Bn | 63.62 Mn | 52.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 52.27% |
| Dec 31, 2025 | 103.26% |
| Sep 26, 2025 | 54.17% |
| Jun 27, 2025 | 53.46% |
| Mar 28, 2025 | 54.76% |
| Dec 31, 2024 | -3.68% |
| Sep 27, 2024 | 53.50% |
| Jun 28, 2024 | 52.95% |
| Mar 29, 2024 | 51.68% |
| Dec 31, 2023 | 100.43% |
| Sep 29, 2023 | 48.49% |
| Jun 30, 2023 | 54.46% |
| Mar 31, 2023 | 53.32% |
| Dec 31, 2022 | 52.15% |
| Sep 30, 2022 | 50.47% |
| Jul 1, 2022 | 52.34% |
| Apr 1, 2022 | 46.92% |
| Dec 31, 2021 | 50.02% |
| Oct 1, 2021 | 52.37% |
| Jul 2, 2021 | 53.33% |