HARMONIC INC.HLITEarnings & Financial Report
Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the Internet.
Revenue
$142.4M
Gross Profit
$77.1M
Operating Profit
$9.8M
Net Profit
$2.7M
Gross Margin
54.2%
Operating Margin
6.9%
Net Margin
1.9%
YoY Growth
-27.3%
EPS
$0.02
HARMONIC INC. Q3 FY2025 Financial Summary
HARMONIC INC. reported revenue of $142.4M (down 27.3% YoY) for Q3 FY2025, with a net profit of $2.7M (down 87.6% YoY) (1.9% margin). Cost of goods sold was $65.3M, operating expenses totaled $67.3M.
Key Financial Metrics
| Total Revenue | $142.4M |
|---|---|
| Net Profit | $2.7M |
| Gross Margin | 54.2% |
| Operating Margin | 6.9% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
HARMONIC INC. Q3 FY2025 revenue of $142.4M breaks down across 4 segments, led by Products at $85.0M (59.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $85.0M | 59.7% |
| Support Services | $28.5M | 20.0% |
| SAAS | $16.1M | 11.3% |
| Professional Services | $12.7M | 8.9% |
HARMONIC INC. Revenue by Segment — Quarterly Trend
HARMONIC INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Support Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Products | — | $85.0M | $84.5M | $88.1M |
| Support Services | — | $28.5M | $28.5M | $26.8M |
| SAAS | — | $16.1M | $15.4M | $14.8M |
| Professional Services | — | $12.7M | $9.6M | $3.5M |
HARMONIC INC. Annual Revenue by Year
HARMONIC INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $360.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $360.5M |
| 2024 | $488.2M |
| 2023 | $388.5M |
HARMONIC INC. Quarterly Revenue & Net Profit History
HARMONIC INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $-53.0M | -267.6% | $-54.8M | 103.4% |
| Q3 FY2025 | $142.4M | -27.3% | $2.7M | 1.9% |
| Q2 FY2025 | $138.0M | -0.5% | $2.9M | 2.1% |
| Q1 FY2025 | $133.1M | +9.1% | $5.9M | 4.5% |
| Q4 FY2024 | $31.6M | +160.5% | $38.1M | 120.5% |
| Q3 FY2024 | $195.8M | +53.9% | $21.7M | 11.1% |
| Q2 FY2024 | $138.7M | -11.0% | $-12.5M | -9.0% |
| Q1 FY2024 | $122.1M | -22.6% | $-8.1M | -6.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $122.1M | $138.7M | $195.8M | $31.6M | $133.1M | $138.0M | $142.4M | $-53.0M |
| YoY Growth | -22.6% | -11.0% | 53.9% | 160.5% | 9.1% | -0.5% | -27.3% | -267.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $740.7M | $713.7M | $759.9M | $796.5M | $773.7M | $783.3M | $758.6M | $718.5M |
| Liabilities | $331.5M | $320.9M | $330.9M | $331.2M | $327.6M | $336.9M | $315.6M | $335.2M |
| Equity | $409.2M | $392.8M | $428.9M | $465.3M | $446.1M | $446.4M | $443.0M | $383.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $26.8M | $-22.2M | $8.7M | $48.5M | $83.6M | $-11.7M | $23.8M | $12.3M |