Harmonic (HLIT) Operating Margin (2009 - 2026)

Harmonic has reported Operating Margin for 18 years, with the latest figure at 16.8% in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin rose 851.0% year-over-year to 16.8%; the trailing twelve-month figure through Apr 2026 stood at 3.49% (down 1675.0% YoY), and the FY2025 full-year result was 0.52%, down 1479.0% from the prior year.
• Operating Margin for Q2 2026 stood at 16.8%, down from 41.41% in the prior quarter.
• The five-year high for Operating Margin was 203.72% in Q4 2024, with the low at 33.42% in Q4 2023.
• Historically, Operating Margin has averaged 16.52% across 5 years, with a median of 7.09% in 2023.
• Annual changes were most pronounced in 2024 — Operating Margin soared 23714 bps — and 2025, when it tumbled 16231 bps.
• Harmonic's Operating Margin stood at 10.03% in 2022, then tumbled by 433 bps to 33.42% in 2023, then jumped by 710 bps to 203.72% in 2024, then slumped by 80 bps to 41.41% in 2025, then slumped by 59 bps to 16.8% in 2026.
• The last three Operating Margin figures came in at 16.8% (Q2 2026), 41.41% (Q4 2025), and 6.9% (Q3 2025), per Business Quant data.