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Harmonic HLIT Q2 2025 earnings

Reported July 28, 2025 · After market close

Revenue$138.0MBeat by $10.1M
EPS$0.09Beat by $0.06
Revenue estimate$127.9M
EPS estimate$0.03

Next report

Aug 12, 2026 (In 1 week)
Revenue estimate$120.9M
EPS estimate$0.17

Financials

Q2 2025

Income statement

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Revenue$138.0M-0.5%
Gross profit$73.8M+0.5%
Operating income$3.9M+125%
Net income$2.9M+123%
EPS (diluted)$0.03+127%

Balance sheet

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Cash & equivalents$124.3M+155%
Total debt$133.3M-8.0%
Total equity$446.4M+13.6%
Total assets$783.3M+9.8%

Cash flow

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CapEx$3.8M+95.4%

Valuation & ratios

Valuation

as of 06/27/25
See full
Market cap$1.05B-23.4%
Enterprise value$1.06B-27.8%
P/E15.3×-8.9×
P/S2.3×

Profitability

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Gross margin50%
Operating margin24.6%
Net margin15.2%

Returns & leverage

See full
Return on equity16.4%+0.9pp
Debt / equity0.3×-0.1×
Current ratio+0.1×

Segments

By product

See full
Appliance Integration$94.1M-0.1%
Saa S Service$44.0M-1.3%
Professional Services$9.6M+42.3%

By geography

See full
Non Us$45.6M+20.2%

Versus estimates

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Questions, answered.

When did Harmonic report Q2 2025 earnings?
Harmonic (HLIT) reported Q2 2025 earnings on July 28, 2025 after market close.
What were Harmonic's Q2 2025 revenue and EPS?
Harmonic reported revenue of $138.0M and eps of $0.09 for Q2 2025.
Did Harmonic beat estimates in Q2 2025?
Revenue beat the consensus estimate of $127.9M by $10.1M. EPS beat the consensus estimate of $0.03 by $0.06.
How did Harmonic's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 0.5% from $138.7M a year earlier and eps grew 12.5% from $0.08.
Where can I find Harmonic's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0000851310-25-000076) directly on SEC EDGAR. The filing index links above go to sec.gov.