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Harmonic HLIT Deferred Revenue

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Other financials

Income statement

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Revenue$121.7M+43.4%
Gross profit$63.6M+36.9%
Operating income$20.4M+191%
Net income$7.3M+23.0%
EPS (diluted)$0.07+40.0%

Balance sheet

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Cash & equivalents$109.4M-26.6%
Total debt$131.1M-4.4%
Total equity$355.2M-20.4%
Total assets$705.3M-8.8%

Cash flow

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Operating cash flow$31.7M-62.1%
CapEx$1.4M-25.3%
Free cash flow$30.3M-62.9%

Valuation

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Market cap$1.27B+28.0%
Enterprise value$1.29B+29.1%
P/S3.2×+1.0×

Profitability

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Gross margin49.7%
Operating margin21.5%
Net margin-10.4%-22.2pp
FCF margin0%

Returns & leverage

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Return on equity-10.5%-22.9pp
Debt / equity0.4×+0.1×
Current ratio2.3×+0.2×

Where this comes from

Reported directly by Harmonic in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Harmonic’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 5:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-221899
Line itemApril 3, 2026December 31, 2025
Current liabilities:
Current portion of long-term debt$2,944$2,944
Accounts payable34,97323,093
Deferred revenue30,26531,519
Operating lease liabilities6,4136,433
Other current liabilities52,90848,288
Liabilities to be disposed of86,74085,671
Total current liabilities214,243197,948

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Harmonic's deferred revenue?
Harmonic (HLIT) reported deferred revenue of $30.27M in Q1 2026.
How has Harmonic's deferred revenue changed year-over-year?
Harmonic's deferred revenue decreased by 40.8% year-over-year, from $51.09M to $30.27M.
What is the long-term trend for Harmonic's deferred revenue?
Over 5 years (2020 to 2025), Harmonic's deferred revenue has grown at a -10.3% compound annual growth rate (CAGR), from $54.29M to $31.52M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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