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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:SellingGeneralAndAdministrativeExpense.

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
Total gross profit63,61546,480
Operating expenses:
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)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Harmonic's SG&A?
Harmonic (HLIT) reported SG&A of $22.29M in Q1 2026.
How has Harmonic's SG&A changed year-over-year?
Harmonic's SG&A increased by 12.7% year-over-year, from $19.78M to $22.29M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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