HYLN · Hyliion Holdings Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.83M | - | $759.0K | $1.51M | $489.0K | - | $0 | $0 | $0 | - |
| Cost of Revenue | $2.62M | - | $806.0K | $1.38M | $477.0K | - | $0 | $0 | $0 | - |
| Gross Profit | $210.0K | - | ($47.0K) | $131.0K | $12.0K | - | $0 | $0 | $0 | - |
| R&D | $7.67M | - | $10.14M | $10.14M | $12.23M | - | $9.46M | $8.31M | $7.97M | - |
| SG&A | $6.18M | - | $5.18M | $5.96M | $6.08M | - | $5.65M | $6.26M | $6.59M | - |
| Total Operating Expenses | $13.44M | - | $15.25M | $15.75M | $19.73M | - | $14.18M | $14.02M | $18.99M | - |
| D&A | $2.11M | - | - | - | $1.14M | - | - | - | $572.0K | - |
| Operating Income | ($13.23M) | - | ($15.30M) | ($15.62M) | ($19.72M) | - | ($14.18M) | ($14.02M) | ($18.99M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($11.74M) | - | ($13.34M) | ($13.41M) | ($17.25M) | - | ($11.20M) | ($10.86M) | ($15.59M) | - |
| EPS - Basic | ($0.07) | - | ($0.08) | ($0.08) | ($0.10) | - | ($0.06) | ($0.06) | ($0.09) | - |
| EPS - Diluted | ($0.07) | - | ($0.08) | ($0.08) | ($0.10) | - | ($0.06) | ($0.06) | ($0.09) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $20.26M | $22.94M | $17.88M | $15.59M | $12.33M | $9.23M | $28.07M | $19.13M | $14.71M | $12.88M |
| Accounts Receivable | $3.03M | $489.0K | $726.0K | $1.19M | $1.99M | $1.92M | $1.26M | $373.0K | $122.0K | $40.0K |
| Inventory | $1.92M | - | - | - | - | - | - | - | - | $0 |
| Accounts Payable | $901.0K | $3.14M | $2.05M | $2.69M | $1.50M | $5.24M | $1.65M | $1.04M | $2.12M | $4.22M |
| Current Assets | $81.45M | $98.63M | $109.96M | $114.53M | $127.97M | $131.03M | $161.36M | $164.62M | $154.07M | $181.70M |
| Total Assets | $190.75M | $203.56M | $216.23M | $229.21M | $240.98M | $263.05M | $272.29M | $281.36M | $297.65M | $328.38M |
| Current Liabilities | $8.07M | $9.86M | $9.98M | $10.26M | $9.24M | $14.29M | $9.16M | $7.51M | $10.50M | $15.12M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $9.03M | $11.55M | $12.38M | $13.34M | $12.99M | $18.66M | $14.56M | $13.52M | $17.24M | $22.12M |
| Stockholders' Equity | $181.72M | $192.01M | $203.86M | $215.87M | $227.99M | $244.39M | $257.73M | $267.84M | $280.41M | $306.27M |
| Retained Earnings | ($218.74M) | ($207.00M) | ($193.82M) | ($180.48M) | ($167.07M) | ($149.81M) | ($135.41M) | ($124.21M) | ($113.36M) | ($97.76M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($12.73M) | - | - | - | ($14.00M) | - | - | - | ($22.70M) | - |
| Investing Cash Flow | $10.05M | - | - | - | $17.55M | - | - | - | $27.91M | - |
| Financing Cash Flow | $0 | - | - | - | ($444.0K) | - | - | - | ($11.29M) | - |
| CapEx | $1.87M | - | - | - | $7.33M | - | - | - | $2.82M | - |
| Free Cash Flow | ($14.60M) | - | - | - | ($21.34M) | - | - | - | ($25.52M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 7.4% | - | -6.2% | 8.6% | 2.5% | - | - | - | - | - |
| Operating margin | -467.1% | - | -2015.4% | -1031.2% | -4033.1% | - | - | - | - | - |
| EBITDA margin | -392.6% | - | - | - | -3799.6% | - | - | - | - | - |
| Net margin | -414.4% | - | -1757.2% | -885.4% | -3528.4% | - | - | - | - | - |
| Free cash flow margin | -515.5% | - | - | - | -4363.6% | - | - | - | - | - |
| FCF / Net income | 1.24 | - | - | - | 1.24 | - | - | - | 1.64 | - |
| R&D / Revenue | 270.8% | - | 1335.4% | 669.1% | 2501.0% | - | - | - | - | - |
| SG&A / Revenue | 218.3% | - | 683.0% | 393.6% | 1243.6% | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -6.2% | - | -6.2% | -5.9% | -7.2% | - | -4.1% | -3.9% | -5.2% | - |
| Return on equity | -6.5% | - | -6.5% | -6.2% | -7.6% | - | -4.3% | -4.1% | -5.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 10.09 | 10.00 | 11.02 | 11.16 | 13.85 | 9.17 | 17.62 | 21.91 | 14.67 | 12.02 |
| Quick ratio | 9.85 | 10.00 | 11.02 | 11.16 | 13.85 | 9.17 | 17.62 | 21.91 | 14.67 | 12.02 |
| Cash ratio | 2.51 | 2.33 | 1.79 | 1.52 | 1.33 | 0.65 | 3.06 | 2.55 | 1.40 | 0.85 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.05 | 1.06 | 1.06 | 1.06 | 1.06 | 1.08 | 1.06 | 1.05 | 1.06 | 1.07 |
| Liabilities / Assets | 0.05 | 0.06 | 0.06 | 0.06 | 0.05 | 0.07 | 0.05 | 0.05 | 0.06 | 0.07 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.00 | 0.01 | 0.00 | - | 0.00 | 0.00 | 0.00 | - |
| Inventory turnover | 1.37 | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 390d | - | 349d | 287d | 1483d | - | - | - | - | - |
| Days inventory outstanding | 267d | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 125d | - | 929d | 709d | 1150d | - | - | - | - | - |
| Cash conversion cycle | 532d | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 1.7x | - | 1.7x | 1.1x | 1.1x | - | 1.7x | 1.1x | 1.1x | - |
| P / S | 110.4x | - | 455.9x | 152.7x | 499.1x | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 479.1% | - | - | - | - | - | -100.0% | -100.0% | -100.0% | - |
| Revenue CAGR (3y) | 109.0% | - | - | 106.5% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 1650.0% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 32.9% | - | -7.9% | -11.5% | -3.8% | - | 58.1% | 63.7% | 41.2% | - |
| Net income growth (YoY) | 32.0% | - | -19.1% | -23.6% | -10.7% | - | 63.1% | 69.2% | 45.9% | - |
| EPS growth (YoY) | 30.0% | - | -33.3% | -33.3% | -11.1% | - | 64.7% | 68.4% | 43.8% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 31.6% | - | - | - | 16.4% | - | - | - | 29.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -20.3% | -21.4% | -20.9% | -19.4% | -18.7% | -20.2% | -22.9% | -26.2% | -29.3% | -27.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$3.50M totalReportable Segment$3.50M · 100.0%
Peer comparison
Same SIC group: Truck & Bus Bodies
Comparing Hyliion Holdings Corp. against the 5 most active filers in the same SIC group.