Harmonic (HLIT) Net Margin (2009 - 2026)
Harmonic (HLIT) reported Net Margin of 1.92% for Q2 2026, down 613.0% on a YoY basis from 0.37% in Q2 2025, and down 105.82% quarter-over-quarter from 33.02% in Q4 2025.
Harmonic (HLIT) Net Margin (2009 - 2026) Analysis & Trends
Harmonic has reported Net Margin for 17 years, with the latest figure at 1.92% in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 613.0% year-over-year to 1.92%; the trailing twelve-month figure through Apr 2026 stood at 4.09% (down 795.0% YoY), and the FY2025 full-year result was 12.35%, down 999.0% from the prior year.
- Net Margin for Q2 2026 stood at 1.92%, down from 33.02% in the prior quarter.
- The five-year high for Net Margin was 33.02% in Q4 2025, with the low at 9.03% in Q2 2024.
- Historically, Net Margin has averaged 3.45% across 5 years, with a median of 2.08% in 2025.
- Annual changes were most pronounced in 2023 — Net Margin plunged 1134 bps — and 2024, when it jumped 2226 bps.
- Harmonic's Net Margin stood at 3.73% in 2022, then slumped by 304 bps to 7.61% in 2023, then surged by 292 bps to 14.64% in 2024, then soared by 125 bps to 33.02% in 2025, then tumbled by 106 bps to 1.92% in 2026.
- The last three Net Margin figures came in at 1.92% (Q2 2026), 33.02% (Q4 2025), and 1.89% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 21.29% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 10.53% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 13.56% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 4.55% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 17.63% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 29.68% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -1,693.80% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -9.45% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 9.03% |
| 10 | Harmonic | 1.46 Bn | 1.35 Bn | 63.62 Mn | -1.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | -1.92% |
| Dec 31, 2025 | 33.02% |
| Sep 26, 2025 | 1.89% |
| Jun 27, 2025 | 2.08% |
| Mar 28, 2025 | 4.21% |
| Dec 31, 2024 | 14.64% |
| Sep 27, 2024 | 11.09% |
| Jun 28, 2024 | -9.03% |
| Mar 29, 2024 | -6.63% |
| Dec 31, 2023 | -7.61% |
| 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% |