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Harmonic HLIT Gross Profit

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Other financials

Income statement

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Revenue$121.7M+43.4%
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

Calculated from Harmonic’s reported figures.

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 itemThree Months Ended / April 3, 2026Three Months Ended / March 28, 2025
Appliance and integration50,85832,434
SaaS and service7,2225,964
Total cost of revenue58,08038,398
Total gross profit63,61546,480
Operating expenses:
Research and development20,88119,664
Selling, general and administrative22,28519,780
Total operating expenses43,16639,444

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Harmonic's gross profit?
Harmonic (HLIT) reported gross profit of $63.62M in Q1 2026.
How has Harmonic's gross profit changed year-over-year?
Harmonic's gross profit increased by 36.9% year-over-year, from $46.48M to $63.62M.
What is the long-term trend for Harmonic's gross profit?
Over 2 years (2021 to 2024), Harmonic's gross profit has grown at a -3.6% compound annual growth rate (CAGR), from $259.74M to $241.27M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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