Hyliion Holdings (HYLN) Financial Statements & Analysis

Hyliion Holdings (HYLN) Income Statement

Hyliion Holdings reported revenue of $3.48M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 130.3% from $1.51M a year earlier. Hyliion Holdings posted a net loss of $57.19M, compared with a net loss of $52.05M a year earlier. Gross margin was -166.5% and operating margin -1872.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $4.94M, up 226.3% from the same quarter a year earlier.

Hyliion Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Hyliion Holdings Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	3.48	1.51	0.67	2.11	0.20	0.00	0.00	0.00
Cost of Revenue	9.26	1.42	1.72	8.78	2.74	1.78	2.34	0.00
Gross Profit	-5.79	0.09	-1.04	-6.67	-2.54	-1.78	-2.34	0.00
Operating Expenses
Research & Development	36.97	37.00	82.24	110.37	58.26	12.60	8.44	15.73
Selling, General & Administrative	22.30	24.38	42.61	41.99	35.30	9.59	1.22	4.07
Operating Expenses	59.27	64.39	136.33	152.36	93.56	22.18	9.66	19.86
Operating Income	-65.05	-64.30	-137.37	-159.03	-96.10	-22.18	-12.00	-19.86
Other Income/Expense
Interest Income	8.35	12.22	13.81	5.72	0.78	0.01	3.26	0.37
Interest Expense	0.00	0.00	0.00	0.00	0.00	-5.47	3.26	0.00
Other Income/Expense	7.87	12.25	13.86	5.67	-0.73	346.30	-2.11	0.57
Income
Income Before Tax	-57.19	-52.05	-123.51	-153.36	-96.05	324.12	-14.11	-19.28
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-19.80
Net Income	-57.19	-52.05	-123.51	-153.36	-96.05	324.12	-14.11	0.00
Net Income - Continuous Operations	-57.19	-52.05	-123.51	-153.36	-96.05	324.12	-14.11	0.00
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	-51.23	-58.15	-122.38	-152.13	-95.16	-21.33	-8.51	0.00
EBIT	-65.05	-61.29	-125.90	-159.03	-96.05	-22.18	-	-
Depreciation & Amortization	5.96	3.15	3.51	1.23	0.88	0.85	2.34	0.78
Earnings Per Share
Basic EPS	-	-	-1.00	-1.00	-1.00	3.00	-	-
Diluted EPS	-	-	-1.00	-1.00	-1.00	-	-	-
Basic Shares Outstanding	175.43	174.92	181.41	175.40	172.22	104.32	86.64	28.13
Diluted Shares Outstanding	175.43	174.92	181.41	175.40	172.22	112.57	86.64	28.13

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Hyliion Holdings Financial Statements

What was Hyliion Holdings's revenue in fiscal 2025?

Hyliion Holdings reported revenue of $3.48M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 130.3% from $1.51M a year earlier.

Is Hyliion Holdings profitable?

No. Hyliion Holdings reported a net loss of $57.19M in fiscal 2025. In fiscal 2024 it lost $52.05M.

What is Hyliion Holdings's operating margin?

Hyliion Holdings's operating income was −$65.05M on revenue of $3.48M in fiscal 2025, an operating margin of -1872.1%, compared with -4261.0% 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