Harmonic Quarterly Income Statement
NASDAQ: HLITTechnologyRadio And Television Broadcasting And Communications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Harmonic revenue and earnings
In the quarter ended Jul 3, 2026, Harmonic generated $133.5 million in revenue, up 53.5% from the same quarter a year earlier. Harmonic reported a net loss of $2.3 million, compared with net income of $2.9 million a year earlier. Gross margin was 52.4% (up from 45.8%) and operating margin 17.7%.
Diluted earnings per share came in at -$0.02, down from $0.03.
Summary generated from market data by MetaCap's automated system. Methodology
Harmonic income statement (quarterly)
| Quarter (USD) | Q2 20252026-07-03 | Q1 20252026-04-03 | Q4 20252025-12-31 | Q3 20252025-09-26 | Q2 20252025-06-27 | Q1 20252025-03-28 | Q4 20242024-12-31 | Q3 20242024-09-27 | Q2 20242024-06-28 | Q1 20242024-03-29 | Q4 20232023-12-31 | Q3 20232023-09-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 133.46M | 121.69M | -53.02M | 142.38M | 86.92M | 84.88M | 31.64M | 195.76M | 138.74M | 122.06M | -52.33M | 127.20M |
| Revenue growth (YoY) | +53.55% | +43.38% | -267.55% | -27.27% | -37.35% | -30.46% | — | +53.89% | -11.04% | -22.57% | -131.85% | -18.32% |
| Cost of Revenue | 63.57M | 58.08M | 1.73M | 65.25M | 47.13M | 38.40M | 32.81M | 91.02M | 65.28M | 58.98M | 224.00K | 65.52M |
| Gross Profit | 69.89M | 63.62M | -54.75M | 77.13M | 39.79M | 46.48M | -1.16M | 104.73M | 73.46M | 63.08M | -52.56M | 61.68M |
| Operating Expenses | 46.26M | 43.17M | -45.02M | 67.31M | 40.54M | 39.44M | -65.63M | 69.31M | 89.09M | 72.61M | -70.05M | 70.29M |
| Research & Development | 21.20M | 20.88M | -14.16M | 29.70M | 17.99M | 19.66M | -16.99M | 30.07M | 28.78M | 30.70M | -26.32M | 30.32M |
| Selling, General & Admin | 24.63M | 22.29M | -30.43M | 36.52M | 20.48M | 19.78M | -35.37M | 35.85M | 39.82M | 38.87M | -43.03M | 39.24M |
| Operating Income | 23.63M | 20.45M | -9.74M | 9.82M | -754.00K | 7.04M | 64.47M | 35.42M | -15.63M | -9.53M | 17.49M | -8.60M |
| Interest Expense | 1.08M | 1.08M | -112.00K | 1.18M | 1.09M | 1.31M | 1.63M | 2.69M | 1.42M | 723.00K | 571.00K | 619.00K |
| Other Income (Expense) | -1.66M | -1.12M | -1.61M | -1.07M | -2.28M | -1.93M | 5.24M | -6.62M | -805.00K | -1.01M | 27.00K | -276.00K |
| Pretax Income | 21.97M | 19.33M | -11.34M | 8.75M | -3.04M | 5.10M | 69.70M | 28.81M | -16.43M | -10.54M | 17.52M | -8.88M |
| Income Tax | 4.92M | 9.68M | -1.05M | 6.05M | -2.18M | 2.73M | 20.08M | 7.09M | -3.90M | -2.45M | -70.67M | -2.38M |
| Net Income | -2.32M | 7.31M | -54.81M | 2.69M | 2.87M | 5.94M | 38.12M | 21.72M | -12.53M | -8.09M | 83.84M | -6.50M |
| Net Income growth (YoY) | -180.95% | +23.05% | -243.80% | -87.60% | — | — | -54.53% | — | -905.92% | -258.83% | +1267.49% | -174.31% |
| EPS (Basic) | -0.02 | 0.07 | -0.48 | 0.02 | 0.03 | 0.05 | 0.33 | 0.19 | -0.11 | -0.07 | 0.75 | -0.06 |
| EPS (Diluted) | -0.02 | 0.07 | -0.48 | 0.02 | 0.03 | 0.05 | 0.32 | 0.19 | -0.11 | -0.07 | 0.73 | -0.06 |
| Shares Outstanding (Basic) | 108.65M | 109.71M | — | 112.98M | 113.39M | 116.32M | — | 116.40M | 115.03M | 112.35M | — | 112.03M |
| Shares Outstanding (Diluted) | 109.68M | 110.62M | — | 113.32M | 113.39M | 117.02M | — | 117.36M | 115.03M | 112.35M | — | 112.03M |
| EBITDA | 26.30M | 22.97M | -6.87M | 12.64M | 1.92M | 9.76M | 67.43M | 38.28M | -12.40M | -6.44M | 20.57M | -5.51M |
| Gross Margin | 52.37% | 52.27% | 103.26% | 54.17% | 45.77% | 54.76% | -3.68% | 53.50% | 52.95% | 51.68% | 100.43% | 48.49% |
| Operating Margin | 17.71% | 16.80% | 18.36% | 6.90% | -87.00% | 8.29% | 203.72% | 18.10% | -11.27% | -7.80% | -33.42% | -6.76% |
| Net Margin | -1.74% | 6.01% | 103.38% | 1.89% | 3.30% | 7.00% | 120.47% | 11.09% | -9.03% | -6.63% | -160.21% | -5.11% |
This table shows 12 quarterly periods of Harmonic's income statement, from Q2 2025 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow HLIT's reporting calendar. What is a income statement?