Hongli Group (HLP) Financial Statements & Analysis

Hongli Group Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Hongli Group Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	19.60	14.11	16.00	20.28	21.71	11.16	9.29
Cost of Revenue	13.22	9.59	10.75	13.27	14.06	6.71	5.30
Gross Profit	6.38	4.52	5.25	7.01	7.65	4.45	3.99
Operating Expenses
Research & Development	0.99	0.82	0.96	1.41	1.47	0.64	0.33
Selling, General & Administrative	2.95	6.10	3.26	2.59	3.72	1.18	1.11
Operating Expenses	3.95	6.10	4.23	4.09	3.72	1.98	1.11
Operating Income	2.43	-1.58	1.02	2.92	3.94	2.47	2.88
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.47	0.47	0.63	0.24	0.54	-0.27	0.26
Other Income/Expense	-0.26	-0.29	0.54	0.29	0.07	0.65	-0.21
Income
Income Before Tax	2.17	-1.87	0.93	3.21	3.47	2.66	2.67
Income Tax Expense	0.23	0.01	0.07	0.28	0.26	0.24	0.59
Net Income	1.94	-1.88	0.86	2.93	3.20	2.42	2.08
Net Income - Continuous Operations	1.94	-1.88	0.86	2.93	3.20	2.42	2.08
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	3.24	-0.46	2.61	4.31	4.70	2.99	3.48
EBIT	2.43	-1.58	1.56	3.46	4.00	2.47	-
Depreciation & Amortization	0.81	0.94	1.05	0.66	0.70	0.52	0.60
Earnings Per Share
Basic EPS	-	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-	-
Basic Shares Outstanding	73.44	73.44	11.75	12.06	12.06	10.00	12.06
Diluted Shares Outstanding	73.44	73.44	11.75	12.06	12.06	10.00	12.06

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Hongli Group Financial Statements

What was Hongli Group's revenue in fiscal 2025?

Hongli Group reported revenue of $19.60M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 39.0% from $14.11M a year earlier.

Is Hongli Group profitable?

Yes. Hongli Group earned net income of $1.94M in fiscal 2025, a net margin of 9.9%. In fiscal 2024 it lost $1.88M.

What is Hongli Group's operating margin?

Hongli Group's operating income was $2.43M on revenue of $19.60M in fiscal 2025, an operating margin of 12.4%, compared with -11.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition