Harmonic Q1 Broadband revenue up 43% YoY to $121.7M; raises FY 2026 outlook to $475-495M

HARMONIC INC.

GAAP EPS $0.07, non-GAAP EPS $0.21; total revenue $171.8M.
Broadband segment revenue $121.7M (+43% YoY); operating profit $20.4M GAAP, $26.0M non-GAAP.
Backlog/deferred rev $582.1M (+87% YoY); repurchased 4.2M shares for $43M in Q1.
Raised FY 2026 broadband revenue guidance to $475M-$495M; sale of Video business on track for Q2 close.
Comp committee approved incentive for SVP Haltmayer: accelerated RSU vesting and $835K cash bonus upon Video sale close.

item 2.02item 5.02item 9.01

Source: SEC EDGAR

accession 0001193125-26-216776

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