Harmonic (HLIT) Net Margin (2009 - 2026)
Harmonic (HLIT) reported Net Margin of -1.74% for Q2 2026, down 5.04 percentage points from 3.30% a year earlier and down 7.75 percentage points from the prior quarter.
Harmonic (HLIT) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 3, 2026, Harmonic's Net Margin came in at -13.68%, down 30.88 percentage points year-over-year; for FY2025, it was -12.01%, down 20.05 percentage points from FY2024.
- Net Margin has a five-year change of -4.29 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 8.03% in FY2024 (-13.59 pp), 21.62% in FY2023 (+17.11 pp), 4.51% in FY2022 (+1.90 pp) and 2.61% in FY2021 (+10.34 pp).
- The Q2 2026 figure ranks as the lowest quarterly Net Margin since Q2 2024.
- Year over year, Net Margin gained in three of the last six quarters, with an average year-over-year change of +4.49 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2024 (a gain of 16.20 percentage points); the low point was Q3 2023 (a drop of 10.72 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 27.23% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 22.37% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 8.80% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 39.95% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 77.00% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 35.66% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 85.27% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 12.33% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 12.61% |
| 10 | Harmonic | 1.15 Bn | 561.13 Mn | 69.89 Mn | -1.74% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | -1.74% |
| Apr 3, 2026 | 6.01% |
| Sep 26, 2025 | 1.89% |
| Jun 27, 2025 | 3.30% |
| Mar 28, 2025 | 7.00% |
| Dec 31, 2024 | 120.47% |
| Sep 27, 2024 | 11.09% |
| Jun 28, 2024 | -9.03% |
| Mar 29, 2024 | -6.63% |
| 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% |
| Apr 2, 2021 | -5.49% |
Harmonic Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=HLIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "HLIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();