AI brief of an SEC Form 8-K · Harmonic (HLIT)

Harmonic Q3 revenue falls to $142.4 million from $195.8 million a year earlier

Negative Impact 3 of 5 earnings Written later

Harmonic reported preliminary, unaudited third-quarter 2025 results for the quarter ended September 26, 2025, in a press release furnished with this 8-K. Revenue was $142.4 million, down from $195.8 million a year earlier, and GAAP net income fell to $2.7 million, or $0.02 per share, from $21.7 million, or $0.19 per share. The company also gave fourth-quarter 2025 GAAP net revenue guidance of $133 million to $147 million.

Key points

  • Q3 2025 revenue was $142.4 million versus $195.8 million in Q3 2024; Broadband was $90.5 million (versus $145.3 million) and Video was $51.9 million (versus $50.4 million).
  • GAAP net income was $2.7 million ($0.02 per share) versus $21.7 million ($0.19 per share) a year earlier; Non-GAAP net income per share was $0.12 versus $0.26.
  • Q4 2025 guidance projects total GAAP net revenue of $133 million to $147 million and Non-GAAP adjusted EBITDA of $13 million to $22 million.
  • Harmonic repurchased about 1.8 million shares for $15.7 million in the quarter and reported cash of $127.4 million at quarter end.

The filing

CompanyHarmonic (HLIT)
Form8-K, current report
Filed with the SECNov 3, 2025, 4:08 PM ET
Accession number0001193125-25-262555

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.