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Harmonic (HLIT) operating margin by quarter

Harmonic's operating margin was 17.6% in Q3 2026 (third quarter 2026), +0.8 pts from Q1 2026. Over the last 5 quarters it ranged from 2.8% (Q2 2025) to 17.6% (Q3 2026).

Harmonic operating margin by quarterHarmonic operating margin by quarter7.6%Q1 20252.8%Q2 20256.9%Q3 202516.8%Q1 202617.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202617.6%+0.8 pts+10.7 pts
Q1 202616.8%+9.9 pts+9.2 pts
Q3 20256.9%+4.1 pts—
Q2 20252.8%-4.8 pts—
Q1 20257.6%——

Q3 2026 at a glance

Harmonic, Q3 2026: revenue $149M (+64% year over year), operating margin 17.6%, net earnings $14.6M, operating cash flow $50.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Harmonic's operating margin?

Harmonic's operating margin was 17.6% in Q3 2026 (third quarter 2026), +0.8 pts from Q1 2026.

How has Harmonic's operating margin changed?

Over the last 5 quarters it ranged from 2.8% (Q2 2025) to 17.6% (Q3 2026).

Q3 2026 results → · How Harmonic makes money →