Harmonic (HLIT) Operating Margin (2009 - 2026)
Harmonic (HLIT) posted Operating Margin of 17.71% for Q2 2026, up 18.57 percentage points from -0.87% a year earlier and up 0.90 percentage points from the prior quarter.
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Analysis
Harmonic (HLIT) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Operating Margin at Harmonic was 12.82%, down 13.78 percentage points year-over-year; for FY2025, it was 3.91%, down 11.40 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +7.19 percentage points (FY2020 to FY2025).
- In prior years, Harmonic's Operating Margin was 15.31% in FY2024 (+7.58 pp), 7.73% in FY2023 (+0.45 pp), 7.28% in FY2022 (+3.57 pp) and 3.71% in FY2021 (+6.99 pp).
- The Q2 2026 figure stands as the highest quarterly Operating Margin since Q4 2024.
- On a year-over-year basis, Operating Margin increased in five of the last six quarters, with an average year-over-year change of +11.21 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q3 2024, with a gain of 24.86 percentage points; the weakest was Q2 2024, with a drop of 17.65 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,090.84 Bn | 4,836.31 Bn | 54.82 Bn | 31.13% |
| 2 | Cisco Systems | 390.99 Bn | 326.92 Bn | 11.06 Bn | 24.72% |
| 3 | Arista Networks | 240.45 Bn | 189.65 Bn | 2.33 Bn | 44.90% |
| 4 | Dell Technologies | 219.04 Bn | 174.80 Bn | 9.83 Bn | 11.46% |
| 5 | Sony | 158.27 Bn | 38.21 Bn | - | - |
| 6 | Sandisk | 129.40 Bn | 114.23 Bn | 9.38 Bn | 79.59% |
| 7 | Seagate Technology Holdings | 114.31 Bn | 109.16 Bn | 2.43 Bn | 48.76% |
| 8 | Western Digital | 105.81 Bn | 95.63 Bn | 2.53 Bn | 46.70% |
| 9 | Hewlett Packard Enterprise | 63.81 Bn | 41.69 Bn | 4.93 Bn | 11.41% |
| 10 | Harmonic | 1.11 Bn | 518.10 Mn | 69.89 Mn | 17.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 17.71% |
| Apr 3, 2026 | 16.80% |
| Sep 26, 2025 | 6.90% |
| Jun 27, 2025 | -0.87% |
| Mar 28, 2025 | 8.29% |
| Dec 31, 2024 | 203.72% |
| Sep 27, 2024 | 18.10% |
| Jun 28, 2024 | -11.27% |
| Mar 29, 2024 | -7.80% |
| Sep 29, 2023 | -6.76% |
| Jun 30, 2023 | 6.39% |
| Mar 31, 2023 | 7.09% |
| Dec 31, 2022 | 10.03% |
| Sep 30, 2022 | 7.34% |
| Jul 1, 2022 | 9.58% |
| Apr 1, 2022 | 1.72% |
| Dec 31, 2021 | 9.72% |
| Oct 1, 2021 | 4.25% |
| Jul 2, 2021 | 1.88% |
| Apr 2, 2021 | -3.45% |
API Access
Harmonic Operating 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=operating-margin&ticker=HLIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();