What is Hyliion's R&D?

Hyliion (HYLN) reported R&D of $7.67M in Q1 2026.

How has Hyliion's R&D changed year-over-year?

Hyliion's R&D decreased by 37.3% year-over-year, from $12.23M to $7.67M.

What is the long-term trend for Hyliion's R&D?

Over 4 years (2021 to 2025), Hyliion's R&D has grown at a -7.6% compound annual growth rate (CAGR), from $58.26M to $42.47M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Hyliion HYLN R&D

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$56.85M+40.0%

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Segments

By segment

See full

Reportable Segment$200K-96.8%

Other financials

Income statement

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Revenue$2.8M+479%

Gross profit$210.0K+1,650%

Operating income-$13.2M+32.9%

Net income-$11.7M+32.0%

EPS (diluted)-$0.07+30.0%

Balance sheet

See full

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$877.37M+274%

Enterprise value$860.16M+277%

P/S150.8×+33.3×

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

See full

Return on equity-25.2%+6.1pp

Debt / equity0×0.0×

Current ratio10.1×-3.8×

Where this comes from

Reported directly by Hyliion in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Hyliion’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hyliion's R&D?: Hyliion (HYLN) reported R&D of $7.67M in Q1 2026.
How has Hyliion's R&D changed year-over-year?: Hyliion's R&D decreased by 37.3% year-over-year, from $12.23M to $7.67M.
What is the long-term trend for Hyliion's R&D?: Over 4 years (2021 to 2025), Hyliion's R&D has grown at a -7.6% compound annual growth rate (CAGR), from $58.26M to $42.47M.
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.