Table of Contents 2025 Annual Report Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or (State or other jurisdiction of incorporation or organization) 2590 Orchard Parkway San Jose, CA 95131 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ ...

The pending $145 million sale of the Video business to MediaKind marks a decisive pivot to a pure-play broadband model, simplifying operations and aligning resources toward high-growth infrastructure opportunities. Record quarterly bookings of $346.9 million were driven by multiyear contracts and significant international diversification, resulting in a 3.5 book-to-bill ratio. Customer diversification accelerated as Rest-of-World revenue grew 33% year-over-year, now representing 41% of total broadband ...

For the fourth quarter, Harmonic reported Broadband revenue of $98.2 million , which management said represented 9% sequential growth and came in above the company’s guidance range of $85 million to $95 million. Jankovic said the revenue upside reflected strong bookings and service deployments during the quarter.Ben-Natan added that the Video business, now classified as discontinued operations, exceeded expectations in the fourth quarter for both revenue and profitability. Management reiterated the planned ...

Core Viewpoint - Harmonic (HLIT) reported quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.10 per share, and showing a significant decline from $0.45 per share a year ago, indicating an earnings surprise of -40.00% [1] Financial Performance - The company posted revenues of $98.24 million for the quarter ended December 2025, which was 30.87% below the Zacks Consensus Estimate and a decrease from $222.17 million in the same quarter last year [2] - Over the last four quarters, Harmonic has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Harmonic shares have increased approximately 6.8% since the beginning of the year, outperforming the S&P 500, which gained 0.5% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.10 for the upcoming quarter and $0.71 for the current fiscal year, with revenues expected to be $142.75 million and $674.35 million respectively [7] - The Zacks Rank for Harmonic is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Communication - Components industry, to which Harmonic belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]

Harmonic (NasdaqGS:HLIT) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsDavid Hanover - Investor Relations OfficerNimrod Ben-Natan - President and CEOTaran Katta - Equity Research AssociateWalter Jankovic - CFOConference Call ParticipantsRyan Koontz - Managing Director and Equity Research AnalystSimon Leopold - Managing Director and Senior Equity AnalystSteven Frankel - Director of Research and Senior Research AnalystOperatorWelcome to the fourth quarter and full year 2025 Harmonic ...

Harmonic (NasdaqGS:HLIT) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsDavid Hanover - Investor Relations OfficerNimrod Ben-Natan - President and CEOTaran Katta - Equity Research AssociateWalter Jankovic - CFOConference Call ParticipantsRyan Koontz - Managing Director and Equity Research AnalystSimon Leopold - Managing Director and Senior Equity AnalystSteven Frankel - Director of Research and Senior Research AnalystOperatorWelcome to the fourth quarter and full year 2025 Harmonic ...

Harmonic (NasdaqGS:HLIT) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Speaker2Welcome to the fourth quarter and full year 2025 Harmonic Earnings Conference Call. My name is Michelle, and I'll be your operator for today's call. All participants will be in listen-only mode. After the speaker's presentation, there'll be a question-and-answer session. To ask a question, please press star one one on your touchtone phone. Please note that this conference is being recorded. I'll now turn the call over to Da ...

1 FORWARD-LOOKING STATEMENTS EARNINGS CONFERENCE CALL FOURTH QUARTER 2025 Nimrod Ben-Natan, President & CEO Walter Jankovic, CFO February 19, 2026 1 During the course of this presentation, we will focus only on continued operations unless otherwise stated. Our Video business is now classified as discontinued operations. We will provide projections and other forward-looking statements regarding future events or the future financial performance of Harmonic, including expectations concerning our business and b ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Harmonic Announces Fourth Quarter and Fiscal 2025 Results Record quarterly Broadband bookings drove a 3.5 book-to-bill in Q4 Previously announced sale of Video business proceeding as anticipated SAN JOSE, California, February 19, 2026 - Harmonic Inc. (Nasdaq: HLIT) today announced its unaudited results for the fourth quarter and fiscal year ended December 31, 2025. "We ended the year with extremely strong quarterly bookings across our Broadband business," said Nimrod Ben-N ...

close on Thursday,...][More Releases From This Source]## Explore[Telecommunications Industry][Computer & Electronics][Internet Technology][Carriers and Services][News Releases in Similar Topics]---- -- izzi Accelerates Strategic Fiber Broadband Expansion with Harmonic [Accessibility Statement] Skip NavigationHarmonic's cOS Virtualized Broadband Platform Is Simplifying Fiber Rollouts, Lowering Infrastructure Spend, and Delivering Exceptional Broadband ExperiencesSAN JOSE, Calif., Feb. 19, 2026 /PRNewswire/ - ...