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Helios Technologies HLIO Q2 2026 earnings

Reported August 10, 2026 · After market close

Revenue$231.9MBeat by $1.2M
EPS$0.88Beat by $0.08
Revenue estimate$230.7M
EPS estimate$0.80
We extended the momentum we built to start the year and delivered another strong quarter, with second quarter sales at the high end of our guidance range and adjusted earnings exceeding the top end of our guidance. This marks our fourth consecutive quarter of double-digit pro-forma sales and order intake growth, demonstrating that the strategic actions we've taken over the past two years are translating into sustained operating and financial performance. Our continued margin expansion is an outcome of our volume outperformance, innovative products, and operating leverage gains. The commercial success reflects both the investments we've made in customer-facing capabilities and the product portfolio across our operating companies. We generated record second quarter and first half operating cash flow, have debt and leverage levels at multi-year lows, and returned incremental capital to shareholders through our long-standing dividend and ongoing share repurchases. The first half performance positions us well as we enter the second half of the year to continue to deliver progress toward The CORE Strategy and our 2030 financial targets. We remain focused on disciplined execution, strengthening our customer-centric go-to-market engine, and advancing our innovation and operational excellence initiatives. Supported by our strong cash generation and an ROIC-focused approach to capital allocation, we believe Helios is well positioned to navigate a range of macro environments, while continuing to create long-term shareholder value.
Sean Bagan

Next report

Nov 2, 2026 (in a month)
Revenue estimate$220.3M
EPS estimate$0.76

Financials

Q2 2026

Income statement

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Revenue$231.9M+9.1%
Gross profit$80.2M+18.8%
Operating income$32.5M+48.4%
Net income$21.9M+92.1%
EPS (diluted)$0.66+94.1%

Balance sheet

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Cash & equivalents$68.0M+28.3%
Total debt$19.1M-56.3%
Total equity$948.3M+4.0%
Total assets$1.5B-4.2%

Cash flow

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Operating cash flow$41.9M+13.2%
CapEx$11.3M+109%
Free cash flow$30.6M-3.2%

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$2.19B+21.7%
Enterprise value$2.14B+19.6%
P/E30.7×-20.9×
P/S2.5×+0.2×

Profitability

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Gross margin33.5%+2.6pp
Operating margin10%+0.5pp
Net margin8%+3.5pp
FCF margin12%-1.0pp

Returns & leverage

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Return on equity7.7%+3.8pp
Debt / equity0.0×
Current ratio2.7×+0.3×

Segments

By segment

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Hydraulics$146.4M+3.9%
Electronics$85.5M+19.4%
Unallocated Expenses-

By geography

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Americas$120.2M+11.4%
EMEA$60.9M+11.5%
Asia Pacific$50.8M+1.6%

FAQ

When did Helios Technologies report Q2 2026 earnings?
Helios Technologies (HLIO) reported Q2 2026 earnings on August 10, 2026 after market close.
What were Helios Technologies's Q2 2026 revenue and EPS?
Helios Technologies reported revenue of $231.9M and eps of $0.88 for Q2 2026.
Did Helios Technologies beat estimates in Q2 2026?
Revenue beat the consensus estimate of $230.7M by $1.2M. EPS beat the consensus estimate of $0.80 by $0.08.
How did Helios Technologies's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.1% from $212.5M a year earlier and eps grew 49.2% from $0.59.
Where can I find Helios Technologies's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-342609) and the 10-Q periodic report (0001193125-26-344521) directly on SEC EDGAR. The filing index links above go to sec.gov.