Filing Flows › Harmonic (HLIT) › Q2 2026 › vs Q2 2025
Harmonic (HLIT) Q2 2026 vs Q2 2025 (year over year)
Harmonic's revenue rose $46.5M (+54%) from $86.9M in Q2 2025 to $133M in Q2 2026. The biggest changes: Appliance Integration +$44.4M (+61%); Saa S Service +$2.1M (+15%).
Harmonic, Q2 2026: revenue $133M (+54% year over year), operating margin 17.7%, net loss $2.3M, operating cash flow −$58.0M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product | $104M | $70.1M | $34.0M | +48% |
| Professional Services | $12.9M | $2.5M | $10.5M | +423% |
| Appliance Integration | $117M | $72.6M | $44.4M | +61% |
| Saa S Service | $16.4M | $14.3M | $2.1M | +15% |
| Revenue | $133M | $86.9M | $46.5M | +54% |
| Net loss | $2.3M | −$2.9M | $5.2M | — |
| Costs & expenses | $136M | $90.5M | $45.2M | +50% |
| Operating costs | $110M | $87.7M | $22.2M | +25% |
| Interest & other, net | $21.0M | −$1.4M | $22.5M | — |
| Income tax | $4.9M | −$2.2M | $7.1M | — |
| Cost of revenue | $63.6M | $47.1M | $16.4M | +35% |
| Research & development | $21.2M | $18.0M | $3.2M | +18% |
| SG&A | $24.6M | $20.5M | $4.1M | +20% |
| Other operating costs | $428K | $2.1M | −$1.6M | -79% |
| Operating cash sources | $72.3M | $22.1M | $50.2M | +228% |
| Depreciation | $2.7M | $2.7M | −$2K | -0.1% |
| Share-based compensation | $11.7M | $7.7M | $4.0M | +51% |
| Cash used in operations | $58.0M | $11.7M | $46.3M | +395% |
| Net loss absorbed | $2.3M | −$2.9M | $5.2M | — |
| Working capital & other | $70.0M | $24.9M | $45.0M | +181% |
Questions
How much did Harmonic's revenue grow year over year in Q2 2026?
Harmonic's revenue rose $46.5M (+54%) from $86.9M in Q2 2025 to $133M in Q2 2026.
What drove Harmonic's revenue change in Q2 2026?
Appliance Integration +$44.4M (+61%); Saa S Service +$2.1M (+15%).