Harmonic (HLIT) Gross Margin (2009 - 2026)
Harmonic (HLIT) posted Gross Margin of 52.27% for Q2 2026, down 49.38% on a QoQ basis from 103.26% in Q4 2025, and down 249.0% year-over-year from 35.08% in Q2 2025.
Harmonic (HLIT) Gross Margin (2009 - 2026) Analysis & Trends
Harmonic's Gross Margin history runs 18 years deep, the most recent figure standing at 52.27% for 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 was 52.27% for Q2 2026 at Harmonic, down from 103.26% in the prior quarter.
- Across five years, Gross Margin topped out at 103.26% in Q4 2025 and bottomed at 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 plunged 10410 bps — and 2025, when it soared 10694 bps.
- Harmonic's Gross Margin stood at 52.15% in 2022, then surged by 93 bps to 100.43% in 2023, then sank by 104 bps to 3.68% in 2024, then surged by 2910 bps to 103.26% in 2025, then plunged by 49 bps to 52.27% in 2026.
- Business Quant data shows HLIT's Gross Margin at 52.27% in Q2 2026, 103.26% in Q4 2025, and 54.17% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 63.63% |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 50.18% |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 97.81% |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 43.83% |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 44.16% |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | 144,416.67% |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 47.03% |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 45.78% |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 24.92% |
| 10 | Harmonic | 1.24 Bn | 1.13 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% |