Harmonic (HLIT) Operating Expenses (2009 - 2026)
Harmonic (HLIT) recorded Operating Expenses of $46.26 million in Q2 2026, up 14.1% from $40.54 million a year earlier and up 7.2% from the prior quarter.
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Analysis
Harmonic (HLIT) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Harmonic's Operating Expenses came in at $111.72 million as of Jul 3, 2026, up 33.5% year-over-year; for FY2025, it came in at $160.67 million, down 2.8% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of -5.0% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $165.37 million in FY2024 (+11.7%), $148.09 million in FY2023 (-45.2%), $270.37 million in FY2022 (+12.2%) and $240.93 million in FY2021 (+16.1%).
- Quarterly Operating Expenses has ranged from -$70.05 million in Q4 2023 to $89.09 million in Q2 2024 over the past five years.
- On a year-over-year basis, Operating Expenses rose in two of the last six quarters, with an average decline of 13.5%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 20.3% in Q3 2021, against a decline of 54.5% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $43.17 million (Q1 2026), -$45.02 million (Q4 2025) and $67.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn | 19.08 Bn |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn | 6.80 Bn |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn | 4.45 Bn |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn | 532.30 Mn |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn | 545.00 Mn |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn | 2.07 Bn |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn | 465.00 Mn |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 14.83 Bn |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn | 198.00 Mn |
| 10 | Harmonic | 1.15 Bn | 557.86 Mn | 69.89 Mn | 46.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 46.26 Mn |
| Apr 3, 2026 | 43.17 Mn |
| Dec 31, 2025 | -45.02 Mn |
| Sep 26, 2025 | 67.31 Mn |
| Jun 27, 2025 | 40.54 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 |
API Access
Harmonic Operating Expenses 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=operating-expenses&ticker=HLIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();