Every 10-Q that Harmonic Inc (HLIT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HLIT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HLIT filings page.
Harmonic Inc. reported strong growth in its continuing Broadband business while completing the sale of its Video segment. For the quarter ended July 3, 2026, continuing-operations revenue was $133.5 million, up 54% year over year, driven mainly by Appliance and integration sales in the Americas. Gross margin rose to 52.4% from 45.8%, reflecting favorable product mix and new deployments.
Operating income from continuing operations increased to $23.6 million from a slight loss a year earlier. However, a loss on the sale of the Video business and related taxes led to a total net loss of $2.3 million for the quarter, versus $2.9 million of net income last year.
The company received $137.9 million of cash proceeds from the Video divestiture, boosting cash and cash equivalents to $231.9 million and reducing total assets as held-for-sale balances were removed. Subsequent to quarter-end, Harmonic repaid the $75.0 million outstanding on its Revolving Facility, leaving only the Term Facility outstanding and substantial undrawn revolver capacity. Customer concentration remains high, with the top two customers accounting for 63% of quarterly revenue, and operating cash flow for the first half fell versus 2025 as prior-year collections were unusually strong.
Harmonic Inc. reported strong quarterly growth as it shifts to a pure-play broadband business. Continuing operations revenue rose to $121.7 million, up 43% year over year, driven mainly by higher appliance and integration sales in North America and increased services.
Income from continuing operations climbed to $9.6 million from $2.4 million, though a higher tax provision, including $4.6 million of withholding taxes, limited net income to $7.3 million. The Video business, now classified as discontinued operations, generated $50.1 million of revenue but a small loss after advisory fees as Harmonic moves forward with its $145 million sale to MediaKind.
Gross margin eased to 52.3% as the mix shifted toward outside plant services, while cash and cash equivalents were $109.0 million and long-term debt stood at $111.5 million. The company repurchased about 4.2 million shares for $43.0 million and ended the quarter with $582.1 million of remaining performance obligations, most expected to convert to revenue within a year.
Harmonic Inc. (HLIT) reported weaker Q3 2025 results as total revenue fell to $142.4 million from $195.8 million a year ago, driven by softer Broadband appliance and integration sales tied to DOCSIS 4.0 deployment timing and network readiness. Net income was $2.7 million versus $21.7 million. Despite the top-line decline, gross margin improved to 54.2% from 53.5% on a more favorable mix.
Year-to-date revenue was $413.5 million (down from $456.6 million), with Broadband down and Video up. Operating cash flow strengthened to $95.7 million for the first nine months, lifting cash and equivalents to $127.4 million. The company repurchased about 6.9 million shares for $65.8 million, leaving $134.2 million under its $200 million authorization.
As of quarter-end, borrowings included $38.0 million under the Term Facility and $75.0 million under the Revolving Facility; on October 1, Harmonic repaid $40.0 million using cash. As of November 4, $35.0 million remained outstanding with $122.0 million of revolver availability. Remaining performance obligations were $494.5 million, with 63% expected over the next 12 months. Shares outstanding were 112,233,082 as of October 27, 2025.