Hyliion Holdings Corp.
Close on Oct 19, 2026
- Market cap
- $571.01M
- P/E (TTM)
- –
- Dividend yield
- –
About Hyliion
Truck & Bus Bodies, SIC 3713
Hyliion Holdings Corp. develops clean, fuel-agnostic power generation systems for stationary and mobile applications, alongside research and development services. Its flagship offering is the KARNO Power Module, an integrated, modular generator powered by the KARNO Core, which uses flameless oxidation and a linear generator to produce electricity from conventional, waste, and zero-carbon fuels. Target customers and applications span the commercial, industrial, defense, and data center markets, as well as vehicle charging, utility microgrids, and mobile platforms such as naval vessels.
The company operates its corporate headquarters in Cedar Park, Texas, where it has established additive manufacturing print capacity. It also maintains specialized research, development, and testing facilities in Cincinnati, Ohio. Production involves internal 3D laser-sintering print processes and dedicated in-house motor manufacturing to build generators ranging from 200-kilowatt units to multi-megawatt systems.
Summary of the business section of Hyliion's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Hyliion Holdings Corp.
- Founded
- 2018
- Headquarters
- Cedar Park, TX
- Address
- 1202 Bmc Drive, Suite 100 78613
- Phone
- (833) 495-4466
- Employees
- 113, Dec 31, 2025
- Industry
- Truck & Bus Bodies
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Dallas, Texas
Stock & identifiers
- Ticker
- HYLN
- Exchange
- NYSE
- IPO date
- Mar 1, 2019
- Shares outstanding
- 179M, Aug 3, 2026
- Public float
- $183.00M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1759631
- CUSIP
- 449109107
- ISIN
- US4491091074
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Thomas J. Healy | Chief Executive Officer, Director | 32,782,422 |
| Jose Miguel Oxholm | Chief Legal&Compliance Officer | 749,814 |
| Greg Standley | Chief Accounting Officer. | 253,568 |
| Joshua T. Mook | Chief Technology Officer | 1,096,606 |
| Jon Panzer | Chief Financial Officer | 935,480 |
| Govindaraj Ramasamy | Chief Commercial Officer | 593,920 |
| Cheri Lantz | Chief Strategy Officer | 730,204 |
| Vincent T. Cubbage | Director | 1,156,363 |
| Robert M. Knight Jr | Director | 375,345 |
| Richard Joseph Freeland | Director | 283,774 |
| Jeffrey A. Craig | Director | 402,845 |
| Mary Gustanski | Director | 256,379 |
| Melanie Montague Trent | Director | 218,774 |
| Rodger L. Boehm | Director | 218,474 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $2.99M | $1.16M | $1.75M | $79 | – |
| FY2024 | $2.66M | $6.01M | $1.12M | $112 | – |
| FY2023 | $1.71M | -$1.74M | $997.75K | $35 | – |
| FY2022 | $2.81M | $1.25M | $1.37M | $38 | – |
| FY2021 | $5.25M | $601.00K | $1.35M | $62 | $160 |
| FY2020 | $351.19K | $351.19K | $271.73K | $165 | $115 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 113 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 21, 2026 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 15, 2024 | Delisting | Notice of delisting from exchange (Form 25) |
| Nov 6, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 5, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 4, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Dec 30, 2020 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 7, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 7, 2020 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 2, 2020 | Delisting | Notice of delisting from exchange (Form 25) |
| Sep 28, 2020 | Name change | Name changed from Tortoise Acquisition Corp. to Hyliion Holdings Corp. |
| Sep 8, 2020 | Merger vote | Definitive merger proxy statement |
| Mar 1, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| Feb 27, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |