Harmonic (HLIT) Gross Margin (2009 - 2026)
Harmonic's (HLIT) quarterly Gross Margin came in at 52.27% in Q2 2026, down 249.0% YoY from 35.08% in Q2 2025, and down 49.38% on a QoQ basis from 103.26% in Q4 2025.
Harmonic (HLIT) Gross Margin (2009 - 2026) Analysis & Trends
Harmonic (HLIT) has 18 years of Gross Margin data on file, last reported at 52.27% in Q2 2026.
- Quarterly Gross Margin fell 249.0% year-over-year to 52.27% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 45.77% (down 378.0% YoY) and the FY2025 annual result came in at 48.47%, down 71.0% from the prior year.
- Gross Margin slipped to 52.27% in Q2 2026, from 103.26% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 103.26% in Q4 2025 to a low of 3.68% in Q4 2024.
- A 5-year average of 54.76% and a median of 52.95% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin sank 10410 bps — and 2025, when it soared 10694 bps.
- Tracing HLIT's Gross Margin over 5 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 63.63% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 36.87% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 53.56% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 44.16% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 144,416.67% |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 44.03% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 47.03% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 45.78% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 28.93% |
| 10 | Harmonic | 1.51 Bn | 1.40 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% |