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Other financials

Income statement

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Revenue$370.1M+3.0%
Gross profit$168.6M0.0%
Operating income$7.2M-52.0%
Net income-$4.7M-1,393%
EPS (diluted)-$0.02

Balance sheet

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Cash & equivalents$27.7M-23.6%
Total debt$855.2M+0.2%
Total equity$1.2B+2.9%
Total assets$2.4B+1.3%

Cash flow

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Operating cash flow-$19.5M-2,882%
CapEx$14.8M-28.3%
Free cash flow-$34.3M-61.2%

Valuation

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Market cap$1.76B-10.7%
Enterprise value$2.59B-6.2%
P/E49.2×-37.0×
P/S1.1×-0.2×

Profitability

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Gross margin48.4%+0.5pp
Operating margin6.8%+0.9pp
Net margin2.3%+1.0pp
FCF margin1.4%-4.2pp

Returns & leverage

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Return on equity3%+1.3pp
Debt / equity0.7×0.0×
Current ratio+0.5×

Where this comes from

Reported directly by Hillman Solutions Corp. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Hillman Solutions Corp.’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 7:39 AM EST
Fiscal year
FY2025
Accession
0001822492-26-000019

The Company expenses research and development costs, which are included in selling, warehouse, general, and administrative (“SG&A”) expenses on the Company's Consolidated Statements of Comprehensive Income (Loss) consisting primarily of internal wages and benefits in connection with improvements to the fastening products along with the key duplicating and engraving machines. The Company's research and development costs were $1,358, $1,333, and $2,562 in the years ended December 27, 2025, December 28, 2024, and December 30, 2023, respectively.

ITEM 8 – FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is Hillman Solutions Corp.'s R&D?
Hillman Solutions Corp. (HLMN) reported R&D of $339.5K in Q4 2025.
How has Hillman Solutions Corp.'s R&D changed year-over-year?
Hillman Solutions Corp.'s R&D increased by 1.9% year-over-year, from $333.25K to $339.5K.
What is the long-term trend for Hillman Solutions Corp.'s R&D?
Over 4 years (2021 to 2025), Hillman Solutions Corp.'s R&D has grown at a -13.6% compound annual growth rate (CAGR), from $2.44M to $1.36M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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