Harmonic (HLIT) Research & Development (2009 - 2026)
Harmonic (HLIT) posted Research & Development of $20.9 million for Q2 2026, up 247.45% on a QoQ basis from -$14.2 million in Q4 2025, and up 6.19% year-over-year from $19.7 million in Q2 2025.
Harmonic (HLIT) Research & Development (2009 - 2026) Analysis & Trends
Harmonic's Research & Development history runs 18 years deep, the most recent figure standing at $20.9 million for Q2 2026.
- Quarterly Research & Development rose 6.19% year-over-year to $20.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $65.9 million (up 7.03% YoY) and the FY2025 annual result came in at $76.3 million, up 5.17% from the prior year.
- Research & Development was $20.9 million for Q2 2026 at Harmonic, up from -$14.2 million in the prior quarter.
- Across five years, Research & Development topped out at $33.5 million in Q1 2023 and bottomed at -$26.3 million in Q4 2023.
- A 5-year average of $20.5 million and a median of $29.7 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 184.67% — and 2024, when it soared 35.46%.
- Harmonic's Research & Development stood at $31.1 million in 2022, then sank by 184.67% to -$26.3 million in 2023, then surged by 35.46% to -$17.0 million in 2024, then advanced by 16.64% to -$14.2 million in 2025, then soared by 247.45% to $20.9 million in 2026.
- Business Quant data shows HLIT's Research & Development at $20.9 million in Q2 2026, -$14.2 million in Q4 2025, and $29.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 449.90 Bn | 433.26 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Motorola Solutions | 70.79 Bn | 69.91 Bn | 1.36 Bn | 252.00 Mn |
| 3 | Hewlett Packard Enterprise | 62.79 Bn | 57.95 Bn | 9.10 Bn | 744.00 Mn |
| 4 | Ciena | 52.38 Bn | 51.08 Bn | 625.52 Mn | 221.46 Mn |
| 5 | Lumentum Holdings | 50.14 Bn | 46.97 Bn | 357.00 Mn | 90.60 Mn |
| 6 | Nokia | 48.70 Bn | 41.39 Bn | 9.86 Bn | -20.48 Mn |
| 7 | Ubiquiti | 32.21 Bn | 31.84 Bn | 370.71 Mn | 51.81 Mn |
| 8 | Ericsson Lm Telephone | 31.94 Bn | 26.26 Bn | 2.53 Bn | -1.10 Bn |
| 9 | AST SpaceMobile | 16.52 Bn | 16.52 Bn | 3.67 Mn | 7.13 Mn |
| 10 | Harmonic | 1.22 Bn | 1.11 Bn | 63.62 Mn | 20.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 20.88 Mn |
| Dec 31, 2025 | -14.16 Mn |
| Sep 26, 2025 | 29.70 Mn |
| Jun 27, 2025 | 29.44 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 |
| Jul 2, 2021 | 24.78 Mn |