Every material Form 8-K Harmonic filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
Harmonic reported preliminary unaudited Q2 2026 results for the quarter ended July 3, 2026, with Broadband net revenue of $133.5 million, up from $86.9 million a year earlier, and GAAP continuing-operations net income per share of $0.16 versus a $(0.01) loss. The company raised its full-year 2026 Broadband revenue outlook to $505 million-$525 million, but total company GAAP results were a loss of $(0.02) per share after a $19.4 million loss from discontinued operations tied to the Video business sale.
Q2 2026 Broadband net revenue was $133.5 million, up 54% from $86.9 million in Q2 2025; Rest-of-Market revenue grew 44%
GAAP net income per share from continuing operations was $0.16 in Q2 2026; total company GAAP net loss per share was $(0.02) including discontinued operations
2026 GAAP revenue guidance raised to $505 million-$525 million; Q3 2026 GAAP revenue guidance is $125 million-$135 million
Video business sale to Leone Media Inc. (MediaKind) closed June 16, 2026 with $137.9 million in proceeds at closing; cash was $231.9 million at July 3, 2026
Harmonic Inc. completed the sale of its Video Business to Leone Media Inc. (d/b/a MediaKind) on June 16, 2026, for $145 million in cash, subject to customary post-closing adjustments. The company says it will now focus its resources on its broadband business, and the press release describes the proceeds as a significant capital infusion to the balance sheet.
Sale closed June 16, 2026; purchase price of $145 million in cash, subject to adjustments for net working capital, cash and indebtedness, and specified selling expenses
Harmonic agreed not to compete with the Video Business for three years after closing; both parties agreed to indemnify each other for certain losses under the agreement
Neven Haltmayer, Senior Vice President and General Manager, Video Business, resigned effective June 16, 2026, after 20 years of service
Harmonic plans an Investor Day in New York City on September 15, 2026
Harmonic reported preliminary first-quarter 2026 results, with Broadband net revenue of $121.7 million, up 43% from $84.9 million a year earlier, and raised its full-year 2026 Broadband revenue outlook to $475 million to $495 million. The sale of its Video business to Leone Media Inc. (d/b/a MediaKind) for $145 million in cash is expected to close in the second quarter of 2026.
Q1 2026 Broadband GAAP net revenue $121.7 million vs. $84.9 million in Q1 2025; GAAP net income per share $0.10 vs. $0.02
Total company GAAP net income $7.3 million, or $0.07 per diluted share, including a $3.9 million loss from discontinued operations
Q2 2026 Broadband GAAP revenue guidance of $115 million to $125 million; 2026 GAAP net income per share guidance of $0.36 to $0.45
Video sale expected to close in Q2 2026; a related incentive plan provides a $835,000 cash bonus to an SVP and GM upon completion
Harmonic Inc. disclosed that director Dan Whalen resigned from its Board of Directors effective March 31, 2026, citing potential conflicts of interest from a new role at another company. The filing states the resignation was not due to any disagreement with Harmonic on its operations, policies or practices.
Dan Whalen notified Harmonic of his resignation on March 31, 2026, effective the same day
Resignation cited potential conflicts of interest from his acceptance of a new role at another company
Whalen had served on the Board since 2024, after an earlier term from 2021 to 2023, and sat on the Audit and Compensation Committees
The filing states no disagreement with Harmonic on operations, policies or practices
Harmonic Inc. signed an Asset Purchase Agreement on March 20, 2026, to sell its Video Business to Leone Media Inc. (d/b/a MediaKind) for $145 million in cash, subject to adjustment for net working capital, cash and debt, and selling expenses. The sale is expected to close in the second quarter of 2026, subject to customary regulatory approvals and other closing conditions. The filing does not include financial results for the business, so its effect on Harmonic's earnings is not stated.
Purchase price of $145 million in cash, subject to adjustment at closing
Put Option exercised March 16, 2026, after French works council consultation completed March 12, 2026; APA executed March 20, 2026
Closing expected in the second quarter of 2026; either party may terminate if conditions are unmet by June 8, 2026, extendable to September 8, 2026
Harmonic agrees not to compete with the business for three years after closing
Harmonic reported preliminary unaudited results for the fourth quarter and fiscal 2025. Broadband revenue fell sharply from a year earlier, but backlog and deferred revenue rose 73%, and the company guided 2026 Broadband GAAP net revenue to $440 million to $480 million, compared with $360.5 million in fiscal 2025. Results also include a $57.5 million goodwill impairment on the Video business, which is being sold to Leone Media Inc. for $145 million in cash.
Q4 2025 Broadband net revenue was $98.2 million, down from $171.0 million in Q4 2024; fiscal 2025 revenue was $360.5 million versus $488.2 million.
Total company GAAP loss per share was $(0.49) for Q4 and $(0.38) for fiscal 2025, including a $57.5 million goodwill impairment on the Video business.
Backlog and deferred revenue rose 73% to $573.8 million; Q1 2026 GAAP Broadband net revenue guidance is $100 million to $105 million.
The $145 million Video business sale is expected to close in the first half of 2026, subject to closing conditions.
Harmonic's Compensation Committee approved a 2026 Key Contributor Incentive Plan tied to non-GAAP operating profit and bookings, raised named executive base salaries effective July 1, 2026, and amended change-of-control severance agreements for three executives. The filing also accelerates vesting of equity for the head of the Video Business, which is being sold, once the sale closes. The changes set pay incentives and severance terms for top executives, which shareholders may track through future proxy and results disclosures.
CEO Nimrod Ben-Natan's new base salary is $750,000, up from $618,000, effective July 1, 2026
Bonus payouts are capped at 200% of the target portion for each metric; payment follows the end of fiscal 2026
Change-of-control severance for executives within 18 months of a change of control includes lump sums of 100% of base salary (200% for the CEO)
Vesting acceleration for Neven Haltmayer's unvested RSUs applies upon completion of the pending Video Business sale to Leone Media Inc. (d/b/a MediaKind)
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Harmonic filing is on SEC EDGAR ↗. 8-K briefs of other companies →