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Hyliion HYLN Gross Profit

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Segments

By segment

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Reportable Segment$200K

Other financials

Income statement

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Revenue$2.8M+479%
Operating income-$13.2M+32.9%
Net income-$11.7M+32.0%
EPS (diluted)-$0.07+30.0%

Balance sheet

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Cash & equivalents$20.9M+61.0%
Total debt$3.7M-40.1%
Total equity$181.7M-20.3%
Total assets$190.8M-20.8%

Cash flow

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Operating cash flow-$12.7M+9.1%
CapEx$1.9M-74.4%
Free cash flow-$14.6M+31.6%

Valuation

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Market cap$704.39M+166%
Enterprise value$687.18M+171%
P/S121.1×+45.8×

Profitability

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Gross margin6.3%+1.0pp
Operating margin-1,015.1%-414pp
Net margin-888.1%-356pp
FCF margin-1,092.3%-444pp

Returns & leverage

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Return on equity-25.2%+6.1pp
Debt / equity0.0×
Current ratio10.1×-3.8×

Where this comes from

Calculated from Hyliion’s reported figures.

The source filing: Hyliion’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-034116
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Cost of revenues
Research and development services2,622477
Total cost of revenues2,622477
Gross profit21012
Operating expenses
Research and development7,67012,230
Selling, general and administrative6,1816,081
Exit and termination (benefits) costs(414)1,423

Item 1. Financial Statements (Unaudited)

FAQ

What is Hyliion's gross profit?
Hyliion (HYLN) reported gross profit of $210K in Q1 2026.
How has Hyliion's gross profit changed year-over-year?
Hyliion's gross profit increased by 1650.0% year-over-year, from $12K to $210K.
What is the long-term trend for Hyliion's gross profit?
Over 4 years (2021 to 2025), Hyliion's gross profit has grown at a -49.1% compound annual growth rate (CAGR), from -$2.54M to $170K.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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