NYSEAMERICAN : HYLN
Hyliion Holdings Corp. — Financial statements
Consumer Discretionary · Auto Parts · United States
Last price 3.34 USD (Oct 30, 2026, 8:58 AM EDT) · Market cap 596.51M
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Financial statements
Hyliion Holdings Corp. (HYLN) reported revenue of 9.25M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 9.25M | 3.48M | 1.51M | 672.00K | 2.11M | 200.00K |
| Cost of Revenue | 8.64M | 3.31M | 1.42M | 1.72M | 8.78M | 2.74M |
| Gross Profit | 603.00K | 170.00K | 94.00K | -1.04M | -6.67M | -2.54M |
| Selling, General & Admin | 23.32M | 22.76M | 24.38M | 42.61M | 41.99M | 35.30M |
| Research & Development | 37.27M | 42.47M | 37.00M | 82.24M | 110.37M | 58.26M |
| Operating Expenses | 60.59M | 65.22M | 61.39M | 124.85M | 152.36M | 93.56M |
| Operating Income | -59.98M | -65.05M | -61.29M | -125.89M | -159.03M | -96.10M |
| Interest & Investment Income | 6.53M | 8.35M | 12.22M | 13.81M | 5.72M | 779.00K |
| Other Non Operating Income (Expenses) | 32.00K | 50.00K | -32.00K | |||
| EBT Excluding Unusual Items | -53.45M | -56.70M | -49.04M | -112.04M | -153.34M | -95.32M |
| Merger & Restructuring Charges | 1.25M | -499.00K | -3.01M | -11.47M | ||
| Gain (Loss) on Sale of Assets | 14.00K | 14.00K | 3.00K | 1.00K | ||
| Asset Writedown | -19.00K | -730.00K | ||||
| Pretax Income | -52.19M | -57.19M | -52.05M | -123.51M | -153.36M | -96.05M |
| Net Income | -52.19M | -57.19M | -52.05M | -123.51M | -153.36M | -96.05M |
| Net Income to Common | -52.19M | -57.19M | -52.05M | -123.51M | -153.36M | -96.05M |
| Shares Outstanding (Basic) | 177.04M | 175.43M | 174.92M | 181.41M | 175.40M | 172.22M |
| Shares Outstanding (Diluted) | 177.04M | 175.43M | 174.92M | 181.41M | 175.40M | 172.22M |
| EPS (Basic) | -0.29 | -0.33 | -0.30 | -0.68 | -0.87 | -0.56 |
| EPS (Diluted) | -0.29 | -0.33 | -0.30 | -0.68 | -0.87 | -0.56 |
| Free Cash Flow | -56.62M | -70.29M | -73.26M | -124.36M | -119.76M | -82.88M |
| Free Cash Flow Per Share | -0.32 | -0.40 | -0.42 | -0.69 | -0.68 | -0.48 |
| Gross Margin | 6.52% | 4.89% | 6.23% | -155.36% | ||
| Operating Margin | -648.67% | -1,872.06% | -4,061.76% | -18,734.38% | -7,551.28% | -48,048.50% |
| Profit Margin | -564.34% | -1,645.70% | -3,449.17% | -18,379.46% | -7,281.91% | -48,024.00% |
| Free Cash Flow Margin | -612.27% | -2,022.70% | -4,855.07% | -18,506.40% | -5,686.70% | -41,441.00% |
| EBITDA | -52.23M | -59.10M | -58.15M | -122.38M | -157.80M | -95.21M |
| D&A For EBITDA | 7.75M | 5.96M | 3.15M | 3.51M | 1.23M | 884.00K |
| EBIT | -59.98M | -65.05M | -61.29M | -125.89M | -159.03M | -96.10M |
| Revenue as Reported | 9.25M | 3.48M | 1.51M | 672.00K | 2.11M | 200.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 13.17M | 22.94M | 9.23M | 12.88M | 119.47M | 258.44M |
| Short-Term Investments | 51.01M | 69.43M | 110.92M | 150.30M | 193.74M | 118.79M |
| Cash & Short-Term Investments | 64.18M | 92.36M | 120.14M | 163.18M | 313.21M | 377.23M |
| Accounts Receivable | 2.67M | 489.00K | 1.92M | 40.00K | 1.14M | 70.00K |
| Receivables | 2.67M | 489.00K | 1.92M | 40.00K | 1.14M | 70.00K |
| Inventory | 1.16M | 74.00K | 114.00K | |||
| Prepaid Expenses | 3.62M | 4.60M | 6.40M | 10.56M | 9.79M | 9.07M |
| Restricted Cash | 7.92M | |||||
| Other Current Assets | 1.18M | 2.56M | ||||
| Total Current Assets | 71.63M | 98.63M | 131.03M | 181.70M | 324.21M | 386.48M |
| Property, Plant & Equipment | 38.76M | 43.93M | 31.35M | 17.06M | 12.08M | 9.97M |
| Long-Term Investments | 68.21M | 59.99M | 99.58M | 128.19M | 108.57M | 180.22M |
| Other Intangible Assets | 200.00K | 235.00K | ||||
| Other Long-Term Assets | 987.00K | 1.00M | 1.08M | 1.44M | 1.69M | 1.53M |
| Total Assets | 179.59M | 203.56M | 263.05M | 328.38M | 446.74M | 578.44M |
| Accounts Payable | 1.49M | 3.14M | 5.24M | 4.22M | 2.80M | 7.46M |
| Accrued Expenses | 5.47M | 4.00M | 6.62M | 10.05M | 11.54M | 7.76M |
| Current Portion of Leases | 2.47M | 2.73M | 2.43M | 847.00K | 347.00K | 21.00K |
| Total Current Liabilities | 9.43M | 9.86M | 14.29M | 15.12M | 14.68M | 15.23M |
| Long-Term Leases | 577.00K | 1.65M | 4.37M | 6.79M | 6.97M | 8.62M |
| Other Long-Term Liabilities | 41.00K | 41.00K | 203.00K | 1.51M | 667.00K | |
| Total Liabilities | 10.05M | 11.55M | 18.66M | 22.12M | 23.17M | 24.52M |
| Common Stock | 19.00K | 19.00K | 18.00K | 18.00K | 18.00K | 17.00K |
| Additional Paid-In Capital | 416.32M | 413.12M | 408.31M | 404.05M | 397.81M | 374.80M |
| Retained Earnings | -232.66M | -207.00M | -149.81M | -97.76M | 25.75M | 179.10M |
| Treasury Stock | -14.13M | -14.13M | -14.13M | -33.00K | ||
| Total Common Equity | 169.54M | 192.01M | 244.39M | 306.27M | 423.57M | 553.91M |
| Shareholders' Equity | 169.54M | 192.01M | 244.39M | 306.27M | 423.57M | 553.91M |
| Total Liabilities & Equity | 179.59M | 203.56M | 263.05M | 328.38M | 446.74M | 578.44M |
| Total Debt | 3.05M | 4.37M | 6.79M | 7.64M | 7.32M | 8.64M |
| Net Cash (Debt) | 61.13M | 87.99M | 113.35M | 155.54M | 305.89M | 368.59M |
| Net Cash Per Share | 0.35 | 0.50 | 0.65 | 0.86 | 1.74 | 2.14 |
| Filing Date Shares Outstanding | 178.60M | 177.81M | 174.82M | 183.21M | 179.99M | 173.57M |
| Total Common Shares Outstanding | 178.60M | 177.27M | 173.82M | 183.03M | 179.83M | 173.47M |
| Working Capital | 62.20M | 88.77M | 116.74M | 166.58M | 309.53M | 371.25M |
| Book Value Per Share | 0.95 | 1.08 | 1.41 | 1.67 | 2.36 | 3.19 |
| Tangible Book Value | 169.54M | 192.01M | 244.39M | 306.27M | 423.37M | 553.68M |
| Tangible Book Value Per Share | 0.95 | 1.08 | 1.41 | 1.67 | 2.35 | 3.19 |
| Machinery | 49.82M | 49.84M | 30.61M | 14.57M | 8.24M | 3.81M |
| Leasehold Improvements | 5.65M | 5.55M | 4.31M | 2.24M | 1.00M | 1.08M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -52.19M | -57.19M | -52.05M | -123.51M | -153.36M | -96.05M |
| Depreciation & Amortization | 7.75M | 5.96M | 3.15M | 3.51M | 1.23M | 884.00K |
| Loss (Gain) From Sale of Assets | -1.11M | -1.22M | -2.85M | -1.00K | ||
| Asset Writedown & Restructuring Costs | 1.59M | 6.46M | 28.77M | 730.00K | ||
| Loss (Gain) From Sale of Investments | -989.00K | -1.56M | -3.08M | -2.87M | 1.25M | 1.82M |
| Stock-Based Compensation | 5.99M | 5.48M | 4.62M | 6.22M | 6.98M | 4.92M |
| Provision & Write-off of Bad Debts | 114.00K | |||||
| Other Operating Activities | 2.00M | 1.96M | 1.64M | 2.63M | 6.88M | 3.03M |
| Change in Accounts Receivable | -1.51M | 1.43M | -1.88M | 1.10M | -1.18M | 22.00K |
| Change in Inventory | -1.16M | -1.06M | -5.60M | -2.28M | ||
| Change in Accounts Payable | -940.00K | -78.00K | -2.87M | 1.36M | -4.66M | 5.32M |
| Change in Other Net Operating Assets | -207.00K | -2.92M | -9.88M | -4.33M | 2.69M | 1.10M |
| Operating Cash Flow | -42.37M | -46.55M | -56.74M | -116.96M | -116.88M | -80.50M |
| Capital Expenditures | -14.25M | -23.74M | -16.52M | -7.40M | -2.88M | -2.38M |
| Sale of Property, Plant & Equipment | 3.29M | 2.23M | 5.38M | 2.00K | 152.00K | 45.00K |
| Sale (Purchase) of Intangibles | -14.43M | |||||
| Investment in Securities | 51.04M | 82.39M | 70.63M | 25.75M | -4.86M | -63.63M |
| Other Investing Activities | 41.00K | -45.00K | -29.00K | |||
| Investing Cash Flow | 40.08M | 60.93M | 59.49M | 18.31M | -22.02M | -65.99M |
| Long-Term Debt Repaid | -950.00K | |||||
| Net Debt Issued (Repaid) | -950.00K | |||||
| Issuance of Common Stock | 3.00K | 2.00K | 67.00K | 257.00K | 79.00K | 16.85M |
| Repurchase of Common Stock | -140.00K | -672.00K | -14.39M | -272.00K | -157.00K | |
| Financing Cash Flow | -137.00K | -670.00K | -14.33M | -15.00K | -78.00K | 15.90M |
| Net Cash Flow | -2.42M | 13.71M | -11.57M | -98.67M | -138.98M | -130.59M |
| Free Cash Flow | -56.62M | -70.29M | -73.26M | -124.36M | -119.76M | -82.88M |
| Free Cash Flow Margin | -612.27% | -2,022.70% | -4,855.07% | -18,506.40% | -5,686.70% | -41,441.00% |
| Free Cash Flow Per Share | -0.32 | -0.40 | -0.42 | -0.69 | -0.68 | -0.48 |
| Levered Free Cash Flow | -40.20M | -53.07M | -41.84M | -83.94M | -111.13M | -37.87M |
| Unlevered Free Cash Flow | -40.20M | -53.07M | -41.84M | -83.94M | -111.13M | -37.87M |
| Cash Interest Paid | 8.00K | |||||
| Change in Working Capital | -3.82M | -1.56M | -14.63M | -2.95M | -8.75M | 4.17M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 551.87M | 323.79M | 453.45M | 148.74M | 420.53M | 1.07B |
| Enterprise Value | 490.73M | 223.79M | 309.01M | -25.33M | 41.18M | 650.17M |
| Last Close Price | 3.25 | 1.84 | 2.61 | 0.81 | 2.34 | 6.20 |
| PS Ratio | 60.84 | 93.18 | 300.50 | 221.33 | 199.68 | 5,372.72 |
| PB Ratio | 3.42 | 1.69 | 1.85 | 0.49 | 0.99 | 1.94 |
| P/TBV Ratio | 3.32 | 1.69 | 1.85 | 0.49 | 0.99 | 1.94 |
| EV/Sales Ratio | 54.23 | 64.40 | 204.78 | 19.55 | 3,250.84 | |
| Debt / Equity Ratio | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 |
| Net Debt / Equity Ratio | -0.36 | -0.46 | -0.46 | -0.51 | -0.72 | -0.67 |
| Net Debt / EBITDA Ratio | 1.17 | 1.49 | 1.95 | 1.27 | 1.94 | 3.87 |
| Net Debt / FCF Ratio | 1.08 | 1.25 | 1.55 | 1.25 | 2.55 | 4.45 |
| Asset Turnover | 0.04 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Inventory Turnover | 93.38 | 22.25 | ||||
| Quick Ratio | 7.09 | 9.41 | 8.54 | 10.79 | 21.41 | 24.77 |
| Current Ratio | 7.59 | 10.00 | 9.17 | 12.02 | 22.08 | 25.37 |
| Return on Equity (ROE) | -27.08% | -26.21% | -18.90% | -33.85% | -31.38% | -16.09% |
| Return on Assets (ROA) | -18.34% | -17.43% | -12.95% | -20.30% | -19.39% | -9.74% |
| Return on Capital Employed (ROCE) | -35.30% | -33.60% | -24.60% | -40.20% | -36.80% | -17.10% |
| Earnings Yield | -9.54% | -17.66% | -11.48% | -83.04% | -36.47% | -8.94% |
| FCF Yield | -10.06% | -21.71% | -16.16% | -83.61% | -28.48% | -7.71% |
| Buyback Yield / Dilution | -1.60% | -0.29% | 3.58% | -3.43% | -1.85% | -52.99% |