The financials
Harmonic Inc. by the numbers
Harmonic Inc. (HLIT) reported revenue of $122M in Q1 2026 (quarter ended April 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 2026-Q1 was Appliance Integration at $104M, 78% of the disclosed total, just ahead of Saa S Service at 13%.
| 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 | $104M | 78% |
| Saa S Service | $18M | 13% |
| Professional Services | $12M | 9.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $133.8M (-33%)
Professional Services grew +6834% year on yearSaa S Service +34% year on year
Segment Latestquarter on quarteryear on year
- Appliance Integration$103.8M$103.8MQoQ +6.1%year on year +45%+6.1%+45%
- Saa S Service$17.9M$17.9MQoQ -60%year on year +34%-60%+34%
- Professional Services$12.1M$12.1MQoQ -4.7%year on year +6834%-4.7%+6834%
- SAAS--QoQ -year on year ---
- Support Services--QoQ -year on year ---
Communication Equipment
Ranks #3 of 21 by Smart Score