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
DateValue
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%