Harmonic (HLIT) Operating Expenses (2009 - 2026)
Harmonic (HLIT) reported Operating Expenses of $43.2 million for Q2 2026, up 9.44% on a YoY basis from $39.4 million in Q2 2025, and up 195.89% quarter-over-quarter from -$45.0 million in Q4 2025.
Harmonic (HLIT) Operating Expenses (2009 - 2026) Analysis & Trends
Harmonic has reported Operating Expenses for 18 years, with the latest figure at $43.2 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 9.44% year-over-year to $43.2 million; the trailing twelve-month figure through Apr 2026 stood at $135.4 million (up 2.4% YoY), and the FY2025 full-year result was $160.7 million, down 2.85% from the prior year.
- Operating Expenses for Q2 2026 stood at $43.2 million, up from -$45.0 million in the prior quarter.
- The five-year high for Operating Expenses was $89.1 million in Q2 2024, with the low at -$70.0 million in Q4 2023.
- Historically, Operating Expenses has averaged $44.6 million across 5 years, with a median of $67.3 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 201.19% — and 2025, when it jumped 31.41%.
- Harmonic's Operating Expenses stood at $69.2 million in 2022, then sank by 201.19% to -$70.0 million in 2023, then grew by 6.31% to -$65.6 million in 2024, then jumped by 31.41% to -$45.0 million in 2025, then jumped by 195.89% to $43.2 million in 2026.
- The last three Operating Expenses figures came in at $43.2 million (Q2 2026), -$45.0 million (Q4 2025), and $67.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 436.11 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 691.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 8.83 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 182.50 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 79.89 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 164.15 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 56.91 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 527.00 Mn |
| 10 | Harmonic | 1.46 Bn | 1.35 Bn | 63.62 Mn | 43.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 43.17 Mn |
| Dec 31, 2025 | -45.02 Mn |
| Sep 26, 2025 | 67.31 Mn |
| Jun 27, 2025 | 69.92 Mn |
| Mar 28, 2025 | 39.44 Mn |
| Dec 31, 2024 | -65.63 Mn |
| Sep 27, 2024 | 69.31 Mn |
| Jun 28, 2024 | 89.09 Mn |
| Mar 29, 2024 | 72.61 Mn |
| Dec 31, 2023 | -70.05 Mn |
| Sep 29, 2023 | 70.29 Mn |
| Jun 30, 2023 | 74.98 Mn |
| Mar 31, 2023 | 72.87 Mn |
| Dec 31, 2022 | 69.22 Mn |
| Sep 30, 2022 | 67.18 Mn |
| Jul 1, 2022 | 67.32 Mn |
| Apr 1, 2022 | 66.65 Mn |
| Dec 31, 2021 | 62.79 Mn |
| Oct 1, 2021 | 60.78 Mn |
| Jul 2, 2021 | 58.37 Mn |