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Harmonic HLIT Operating Income

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Other financials

Income statement

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Revenue$121.7M+43.4%
Gross profit$63.6M+36.9%
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:OperatingIncomeLoss.

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
Research and development20,88119,664
Selling, general and administrative22,28519,780
Total operating expenses43,16639,444
Income from operations20,4497,036
Interest expense, net(1,079)(1,311)
Other income (expense), net(42)(621)
Income before income taxes19,3285,104
Provision for income taxes9,6802,735

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Harmonic's operating income?
Harmonic (HLIT) reported operating income of $20.45M in Q1 2026.
How has Harmonic's operating income changed year-over-year?
Harmonic's operating income increased by 190.6% year-over-year, from $7.04M to $20.45M.
What is the long-term trend for Harmonic's operating income?
Over 3 years (2021 to 2024), Harmonic's operating income has grown at a 58.4% compound annual growth rate (CAGR), from $18.81M to $74.73M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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