Harmonic Q2 FY26 GAAP net income swings to loss of $2.32 million; revenue climbs 54% year over year to $133.5 million - HLIT News | RalliesHarmonic Q2 FY26 GAAP net income swings to loss of $2.32 million; revenue climbs 54% year over year to $133.5 million
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HLIT• Q2 FY26 results and broadband growth
- Harmonic posted Q2 2026 net revenue of $173 million, while GAAP diluted EPS turned to a loss of $0.02.
- Broadband net revenue rose 54% year over year to $133.5 million; GAAP diluted EPS improved to $0.16.
- Non-GAAP operating profit at Broadband increased to $31.3 million from $7 million a year earlier.
- Backlog and deferred revenue climbed 71% year over year to $587.6 million; cash and cash equivalents rose to $231.9 million.
- Outlook lifted to 2026 GAAP net revenue of $505 million-$525 million; the Video business sale was completed with $137.9 million in proceeds.
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