AI brief of an SEC Form 8-K · Harmonic (HLIT)
Harmonic Q3 revenue rises 64% to $148.8 million; full-year revenue outlook raised
Harmonic reported third-quarter 2026 revenue of $148.8 million, up 64% from $90.5 million a year earlier, and GAAP diluted earnings of $0.16 per share versus $(0.00) a year earlier. The company raised its full-year 2026 GAAP revenue outlook to $545 million to $555 million, and its Q4 2026 revenue guidance is $141 million to $151 million, which matters to shareholders because it signals continued growth after the Video business sale.
Key points
- Q3 2026 GAAP net revenue was $148.8 million, up 64% year over year; GAAP operating profit was $26.2 million versus $4.0 million a year earlier.
- Backlog and deferred revenue was $534.0 million at October 2, 2026, an increase of 58% from $338 million a year earlier.
- Full-year 2026 GAAP net revenue outlook raised to $545 million to $555 million; Q4 2026 GAAP net revenue guidance is $141 million to $151 million.
- Video business sale to Leone Media Inc. (MediaKind) completed June 16, 2026 for $137.9 million in proceeds at closing, subject to post-closing adjustments.
The filing
CompanyHarmonic (HLIT)
Form8-K, current report
Filed with the SECNov 2, 2026, 4:07 PM ET
Accession number0001193125-26-443647
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.