Hyliion Holdings Corp. (HYLN) Financial Statements
Industry: Truck & Bus Bodies
In fiscal 2025, Hyliion reported revenue of $3.5M, up 130.3% from $1.5M the year before. Net income was -$57.2M (a -1645.7% net margin), or -$0.33 per diluted share. Gross margin was 4.9% and operating margin was -1886.4%. Operating activities generated -$46.5M of cash, leaving -$70.3M of free cash flow. At fiscal year end, Hyliion held $203.6M in total assets against $11.6M in total liabilities, including $22.9M of cash and equivalents.
Open the full interactive Hyliion financials → Quarterly statements, key ratios, valuation history and price charts.
Hyliion Key Stats
| Share Price | $3.65 |
|---|---|
| Market Cap | $651.3M |
| Revenue YoY Growth | +130.3% |
| 52-Week Range | $1.58 – $8.10 |
| Shares Outstanding | 178.4 million (basic, 2026 Q2) |
Hyliion Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $200,000 | $2.1M | $672,000 | $1.5M | $3.5M |
| Gross Profit | — | -$2.5M | -$6.7M | -$1.0M | $94,000 | $170,000 |
| Operating Income | -$22.2M | -$96.1M | -$159.0M | -$137.4M | -$64.3M | -$65.6M |
| Pre-Tax Income | -$39.2M | -$96.0M | -$153.4M | -$123.5M | -$52.0M | -$57.2M |
| Income Tax | — | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$39.2M | -$96.0M | -$153.4M | -$123.5M | -$52.0M | -$57.2M |
| Diluted EPS | -$0.38 | -$0.56 | -$0.87 | -$0.68 | -$0.30 | -$0.33 |
Hyliion Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $759,000 | $712,000 | $2.8M | $4.9M |
| Net Income | -$13.3M | -$13.2M | -$11.7M | -$13.9M |
| Diluted EPS | -$0.08 | -$0.08 | -$0.07 | -$0.08 |
Hyliion Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $389.7M | $258.4M | $119.5M | $12.9M | $9.2M | $22.9M |
| Current Assets | $608.1M | $386.5M | $324.2M | $181.7M | $131.0M | $98.6M |
| Total Assets | $650.8M | $578.4M | $446.7M | $328.4M | $263.0M | $203.6M |
| Current Liabilities | $4.7M | $15.2M | $14.7M | $15.1M | $14.3M | $9.9M |
| Total Long-Term Debt | $908,000 | — | — | — | — | — |
| Total Liabilities | $10.6M | $24.5M | $23.2M | $22.1M | $18.7M | $11.6M |
| Shareholders' Equity | $640.2M | $553.9M | $423.6M | $306.3M | $244.4M | $192.0M |
Hyliion Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$22.9M | -$80.5M | -$116.9M | -$117.0M | -$56.7M | -$46.5M |
| Cash From Investing | -$238.1M | -$66.0M | -$22.0M | $18.3M | $59.5M | $60.9M |
| Cash From Financing | $644.5M | $15.9M | -$78,000 | -$15,000 | -$14.3M | -$670,000 |
| Free Cash Flow | -$23.3M | -$82.9M | -$119.8M | -$124.4M | -$73.3M | -$70.3M |
Figures from Hyliion's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Hyliion financials page for every line item.
Hyliion Company Profile
| Ticker | HYLN |
|---|---|
| Exchange | NYSE |
| Industry | Truck & Bus Bodies |
| Headquarters | Cedar Park, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001759631 |
Frequently Asked Questions
What was Hyliion's revenue in fiscal 2025?
Hyliion (HYLN) reported revenue of $3.5M for fiscal 2025.
What is Hyliion's annual revenue history?
Hyliion's annual revenue by fiscal year: 2020: $0; 2021: $200,000; 2022: $2.1M; 2023: $672,000; 2024: $1.5M; 2025: $3.5M.
What was Hyliion's net income in fiscal 2025?
Hyliion reported net income of -$57.2M for fiscal 2025.
What was Hyliion's earnings per share (EPS) in fiscal 2025?
Hyliion's diluted EPS was -$0.33 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Hyliion generate in fiscal 2025?
Hyliion generated -$70.3M of free cash flow in fiscal 2025.
What was Hyliion's revenue last quarter?
In its most recent reported quarter (2026 Q2), Hyliion reported revenue of $4.9M.
How many shares of Hyliion are outstanding?
Hyliion reported a weighted average of 178.4 million basic shares outstanding in 2026 Q2.
What is Hyliion's market cap?
Based on its latest closing price, Hyliion (HYLN) has a market capitalization of about $651.3M.
When does Hyliion's fiscal year end?
Hyliion's fiscal year end, as registered with the SEC, is December 31.
Where is Hyliion headquartered?
Hyliion lists its business address in Cedar Park, Texas in its SEC filings.