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The financials
Harmonic Inc. by the numbers
Harmonic Inc. (HLIT) reported revenue of $122M in Q1 2026 (quarter ended Apr 3, 2026), up 43% from the same quarter a year earlier. That came with a gross margin of 52% and net income of $7.3M (6.0% of revenue). For the full year FY2025, revenue was $361M (−26% year on year) and net income −$43M. Its largest product in Jun 2026 was Appliance Integration at $117M, 80% of the disclosed total, well ahead of Saa S Service at 11%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $122M | $85M | +43% |
| Gross profit | $64M | $46M | +37% |
| Operating income | $20M | $7.0M | +191% |
| Net income | $7.3M | $5.9M | +23% |
| Diluted EPS | $0.07 | $0.05 | +40% |
| Product | Revenue | Share |
|---|---|---|
| Appliance Integration | $117M | 80% |
| Saa S Service | $16M | 11% |
| Professional Services | $13M | 8.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $146.4M (+9.4%)
Professional Services grew +423% year on yearSaa S Service +15% year on year
Segment Latestquarter on quarteryear on year
- Appliance Integration$117.0M$117.0MQoQ +13%year on year +61%+13%+61%
- Saa S Service$16.4M$16.4MQoQ -8.3%year on year +15%-8.3%+15%
- Professional Services$12.9M$12.9MQoQ +6.5%year on year +423%+6.5%+423%
Communication Equipment
Ranks #5 of 15 by Smart Score