HYLNNYSETruck & Bus BodiesFiscal year ends December 31
Hyliion Holdings Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$3.20+0.15 (+4.92%)
Close on Oct 19, 2026
- Market cap
- $571.01M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
4.9%
Operating margin
-1886.4%
Net margin
-1645.7%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +130.3% | +18.2% | – | – | |
| Gross profit | +80.9% | – | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 104.2% | -26.2% | |
| Return on assets | – | 96.9% | -24.5% | |
| Current ratio | – | 69.89 | 10.00 | |
| Debt to equity | – | 0.00 | – | |
| Net debt to EBITDA | – | 18.22× | – | |
| Interest coverage | – | -4.1× | – | |
| Inventory turnover | – | – | – | |
| Capex to revenue | – | – | 683.2% | |
| Diluted shares | – | 113M | 175M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hyliion generated $417.63M from operations and spent $66.95M on capital expenditure, dividends and share buybacks. 79% of that went back into the business.
Generated
$417.63M
Used
$66.95M
Capital expenditure$52.93M79%Dividends$00%Share buybacks$14.02M21%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1645.7%
×Asset turnover0.01×
×Equity multiplier1.07×
=Return on equity, FY2025-26.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1645.7% | 0.01× | 1.07× | -26.2% |
| FY2024 | -3449.2% | 0.01× | 1.07× | -18.9% |
| FY2023 | -18379.5% | 0.00× | 1.06× | -33.8% |
| FY2022 | -7281.9% | 0.00× | 1.05× | -31.4% |
| FY2021 | -48024.0% | 0.00× | 1.03× | -16.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$57.19M
- Cash generatingOperating cash flow above zero-$46.55M
- Return on assets improvedROA up on the prior year-15.8% → -21.7%
- Earnings backed by cashOperating cash flow above net income-$46.55M vs -$57.19M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose9.17 → 10.00
- No dilutionShare count did not rise175M → 175M
- Gross margin improvedGross margin up on the prior year6.23% → 4.89%
- More efficientAsset turnover rose0.00 → 0.01