Harmonic (HLIT) Tax Rate (2009 - 2026)
Harmonic's Tax Rate came in at 22.39% for Q2 2026, down 49.38 percentage points from 71.77% a year earlier and down 27.69 percentage points from the prior quarter.
Harmonic (HLIT) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, Harmonic reported Tax Rate of 50.64%, up 23.07 percentage points year-over-year; for FY2025, it was 86.28%, up 57.18 percentage points from FY2024.
- Tax Rate carries a five-year change of +97.93 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 29.10% in FY2024 (+246.35 pp), -217.25% in FY2023 (-253.90 pp), 36.65% in FY2022 (+86.06 pp) and -49.41% in FY2021 (-37.76 pp).
- The five-year range for quarterly Tax Rate is -403.43% (Q4 2023) to 231.24% (Q1 2022).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of +60.07 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 432.24 percentage points), and the weakest in Q4 2023 (a drop of 463.45 percentage points).
- Business Quant data shows HLIT's Tax Rate at 50.08% (Q1 2026), 9.30% (Q4 2025) and 69.20% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 14.02% |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 1.60% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 26.70% |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | - |
| 10 | Harmonic | 1.15 Bn | 558.95 Mn | 69.89 Mn | 22.39% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 22.39% |
| Apr 3, 2026 | 50.08% |
| Sep 26, 2025 | 69.20% |
| Mar 28, 2025 | 53.59% |
| Dec 31, 2024 | 28.81% |
| Sep 27, 2024 | 24.61% |
| Jun 30, 2023 | 82.77% |
| Mar 31, 2023 | 49.98% |
| Dec 31, 2022 | 60.02% |
| Sep 30, 2022 | 12.79% |
| Jul 1, 2022 | 17.38% |
| Apr 1, 2022 | 231.24% |
| Oct 1, 2021 | 38.11% |
| Sep 27, 2019 | 4.92% |
| Dec 31, 2018 | 27.26% |
| Sep 30, 2011 | 17.75% |
| Jul 1, 2011 | 66.61% |
| Oct 1, 2010 | 127.10% |
| Dec 31, 2009 | 98.80% |
Harmonic Tax Rate 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=tax-rate&ticker=HLIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();