Harmonic (HLIT)
Virtualized broadband software and access hardware for cable and fiber operators.
$11.29
After hours−0.01 (−0.04%)
At close$11.30(−0.22%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Apr 2026 | Q2 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 127 | 167 | 122 | 139 | 196 | 222 | 133 | 138 | 142 | 98 | 122 | 133 |
| Cost of revenue | 66 | 85 | 59 | 65 | 91 | 98 | 57 | 67 | 68 | 55 | 58 | 64 |
| Gross profit | 62 | 82 | 63 | 73 | 105 | 125 | 76 | 71 | 74 | 44 | 64 | 70 |
| 70 | 72 | 73 | 89 | 69 | 72 | 66 | 65 | 63 | 40 | 43 | 46 | |
| Research & development | 30 | 30 | 31 | 29 | 30 | 31 | 29 | 27 | 27 | 17 | 21 | 21 |
| Selling, general & administrative | 39 | 42 | 39 | 40 | 36 | 39 | 37 | 38 | 37 | 23 | 22 | 25 |
| Other expenses | 1 | 0 | 3 | 20 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −9 | 10 | −10 | −16 | 35 | 53 | 10 | 6 | 11 | 4 | 20 | 24 |
| 0 | −1 | −1 | −1 | −7 | 3 | −2 | −3 | −2 | 0 | −1 | −2 | |
| Interest expense | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 0 | 1 | 1 |
| Other non-operating income | 0 | 0 | 0 | −1 | 4 | −6 | 0 | 2 | 1 | 0 | 0 | 1 |
| Income before tax | −9 | 9 | −11 | −16 | 29 | 56 | 8 | 3 | 9 | 3 | 19 | 22 |
| Income tax expense | −2 | −75 | −2 | −4 | 7 | 18 | 3 | 0 | 6 | 3 | 8 | 5 |
| Net income from continuing operations | −6 | 84 | −8 | −13 | 22 | 38 | 6 | 3 | 3 | 0 | 11 | 17 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −55 | −4 | −19 |
| Net income | −6 | 84 | −8 | −13 | 22 | 38 | 6 | 3 | 3 | −55 | 7 | −2 |
| EPS, basic | −$0.06 | $0.75 | −$0.07 | −$0.11 | $0.19 | $0.33 | $0.05 | $0.03 | $0.02 | −$0.49 | $0.07 | −$0.02 |
| EPS, diluted | −$0.06 | $0.72 | −$0.07 | −$0.11 | $0.19 | $0.32 | $0.05 | $0.03 | $0.02 | −$0.48 | $0.07 | −$0.02 |
| Weighted average shares, basic | 112 | 112 | 112 | 115 | 116 | 117 | 116 | 113 | 113 | 112 | 110 | 109 |
| Weighted average shares, diluted | 112 | 116 | 112 | 115 | 117 | 118 | 117 | 113 | 113 | 113 | 111 | 110 |
| EBITDA | −5 | 12 | −7 | −12 | 34 | 62 | 13 | 7 | 13 | 6 | 23 | 23 |
| Depreciation & amortization | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 0 |
| EBIT | −8 | 9 | −10 | −15 | 31 | 59 | 10 | 4 | 10 | 4 | 20 | 23 |