谐波 2026年季度报告

Form 10-Q (Mark One) ☒Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended April 3, 2026 ☐Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File No. 000-25826 HARMONIC INC. (Exact name of registrant as specified in its charter) 2590 Orchard ParkwaySan Jose, CA 95131(408) 542-2500(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on whichregistered Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The number of shares of the registrant’s Common Stock, $0.001 par value, outstanding on May 4, 2026 was 108,496,436 TABLE OF CONTENTS PART I ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)3ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONS20ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK25ITEM 4. CONTROLS AND PROCEDURES25 PART II ITEM 1. LEGAL PROCEEDINGS26ITEM 1A. RISK FACTORS26ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS46ITEM 5. OTHER INFORMATION47ITEM 6. EXHIBITS48 SIGNATURES49 HARMONIC INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited, in thousands) The accompanying notes are an integral part of these condensed consolidated financial statements. HARMONIC INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited, in thousands) HARMONIC INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited, in thousands) The accompanying notes are an integral part of these condensed consolidated financial statements. HARMONIC INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) NOTE 1: BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generallyaccepted accounting principles in the United States (“U.S. GAAP”) and applicable rules and regulations of the Securities andExchange Commission (“SEC”) for interim financial information. As permitted under those rules, certain footnotes or otherfinancial information that are normally required by GAAP can be condensed or omitted. These financial statements have beenprepared on the same basis as our annual consolidated financial statements and, in the opinion of management, reflect all normalrecurring adjustments, which are necessary for the fair statement of our financial information. As such, the information included inthis Quarterly Report on Form 10-Q should be read in conjunction with the Company’s audited consolidated financial statementsand accompanying notes included in our Annual Report on Form 10-K for the year ended December 31, 2025 (“2025 Form 10-K”)as filed with the SEC on February 24, 2026. Operating results for interim periods are not necessarily indicative of the results thatmay be expected for any subsequent quarter or for the fiscal year ending December 31, 2026. All intercompany balances andtransactions have been eliminated in consolidation. Continuing operations consist of the Broadband business. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptionsthat affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from thoseestimates. The Company’s significant accounting policies are described in Note 2 to its audited Consolidated Financial Statements included inthe 2025 Form 10-K. There have been no significant changes to these policies during the three mo