Harmonic (HLIT) Research & Development (2009 - 2026)
Harmonic's Research & Development came in at $21.2 million for Q2 2026, up 17.8% from $17.99 million a year earlier and up 1.5% from the prior quarter.
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Analysis
Harmonic (HLIT) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, Harmonic reported Research & Development of $57.62 million, up 13.6% year-over-year; for FY2025, it came in at $76.33 million, up 5.2% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- Going back by year, Research & Development was $72.57 million in FY2024 (+4.1%), $69.71 million in FY2023 (-42.1%), $120.31 million in FY2022 (+17.7%) and $102.23 million in FY2021 (+23.9%).
- The five-year range for quarterly Research & Development is -$26.32 million (Q4 2023) to $33.51 million (Q1 2023).
- Year-over-year, Research & Development increased in two of the last six quarters, with an average decline of 8.6%.
- The fastest year-over-year change in Research & Development over five years came in Q4 2021 (growth of 32.4%), and the weakest in Q2 2025 (a decline of 37.5%).
- Business Quant data shows HLIT's Research & Development at $20.88 million (Q1 2026), -$14.16 million (Q4 2025) and $29.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | - |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Harmonic | 1.15 Bn | 561.13 Mn | 69.89 Mn | 21.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 21.20 Mn |
| Apr 3, 2026 | 20.88 Mn |
| Dec 31, 2025 | -14.16 Mn |
| Sep 26, 2025 | 29.70 Mn |
| Jun 27, 2025 | 17.99 Mn |
| Mar 28, 2025 | 19.66 Mn |
| Dec 31, 2024 | -16.99 Mn |
| Sep 27, 2024 | 30.07 Mn |
| Jun 28, 2024 | 28.78 Mn |
| Mar 29, 2024 | 30.71 Mn |
| Dec 31, 2023 | -26.32 Mn |
| Sep 29, 2023 | 30.32 Mn |
| Jun 30, 2023 | 32.21 Mn |
| Mar 31, 2023 | 33.51 Mn |
| Dec 31, 2022 | 31.09 Mn |
| Sep 30, 2022 | 30.47 Mn |
| Jul 1, 2022 | 29.92 Mn |
| Apr 1, 2022 | 28.83 Mn |
| Dec 31, 2021 | 27.37 Mn |
| Oct 1, 2021 | 26.55 Mn |
API Access
Harmonic Research & Development 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=research-and-development&ticker=HLIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();