Harmonic (HLIT) Net Margin (2009 - 2026)
Harmonic (HLIT) posted Net Margin of 1.92% for Q2 2026, down 124.79% on a QoQ basis from 7.75% in Q4 2025, and down 613.0% year-over-year from 0.37% in Q2 2025.
Harmonic (HLIT) Net Margin (2009 - 2026) Analysis & Trends
Harmonic's Net Margin history runs 17 years deep, the most recent figure standing at 1.92% for Q2 2026.
- Quarterly Net Margin fell 613.0% year-over-year to 1.92% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.25% (down 3.0% YoY) and the FY2025 annual result came in at 12.35%, down 999.0% from the prior year.
- Net Margin was 1.92% for Q2 2026 at Harmonic, down from 7.75% in the prior quarter.
- Across five years, Net Margin topped out at 11.09% in Q3 2024 and bottomed at 43.55% in Q4 2024.
- A 5-year average of 2.26% and a median of 1.89% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin tumbled 2489 bps — and 2025, when it soared 5131 bps.
- Harmonic's Net Margin stood at 3.73% in 2022, then plunged by 667 bps to 21.16% in 2023, then plunged by 106 bps to 43.55% in 2024, then soared by 118 bps to 7.75% in 2025, then tumbled by 125 bps to 1.92% in 2026.
- Business Quant data shows HLIT's Net Margin at 1.92% in Q2 2026, 7.75% in Q4 2025, and 1.89% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 21.29% |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 13.56% |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 4.55% |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 10.53% |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 17.63% |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | 14,733.33% |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 29.68% |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 7.68% |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | -1,693.80% |
| 10 | Harmonic | 1.24 Bn | 1.13 Bn | 63.62 Mn | -1.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | -1.92% |
| Dec 31, 2025 | 7.75% |
| Sep 26, 2025 | 1.89% |
| Jun 27, 2025 | 2.08% |
| Mar 28, 2025 | 4.21% |
| Dec 31, 2024 | -43.55% |
| Sep 27, 2024 | 11.09% |
| Jun 28, 2024 | -9.03% |
| Mar 29, 2024 | -6.63% |
| Dec 31, 2023 | -21.16% |
| Sep 29, 2023 | -5.11% |
| Jun 30, 2023 | 1.00% |
| Mar 31, 2023 | 3.23% |
| Dec 31, 2022 | 3.73% |
| Sep 30, 2022 | 5.61% |
| Jul 1, 2022 | 9.43% |
| Apr 1, 2022 | -1.04% |
| Dec 31, 2021 | 12.74% |
| Oct 1, 2021 | 1.21% |
| Jul 2, 2021 | -1.77% |