Hyliion Earnings Reports

Hyliion generated $1.5 million in revenue from research and development services during Q2 2025 but posted a $13.4 million net loss due to higher R&D costs. The company ended the quarter with $185 million in cash and investments, with commercial deployment of the KARNO system targeted for 2026.

Hyliion reported a net loss of $17.3 million in Q1 2025, with revenue of $0.5 million from R&D services. The company is focused on the commercialization of its KARNO generator platform, with over 100 units under LOIs and the first Early Adopter unit operational with the U.S. Navy. Cash and investments at quarter-end totaled $198.8 million.

Hyliion reported $1.5 million in revenue for the fourth quarter of 2024, primarily from research and development services, and a net loss of $14.4 million. The company secured commitments for over 100 KARNO™ generators and delivered its first Early Adopter Customer Unit in early 2025.

Hyliion Holdings Corp. reported a net loss of $11.2 million for Q3 2024, compared to a $30.3 million loss in the same period last year. The company ended the quarter with $237.5 million in cash and investments and is on track to deliver initial customer units by year-end. They reaffirmed guidance of low double-digit millions in revenue for 2025.

Hyliion Holdings reported a net loss of $10.9 million for Q2 2024, significantly improved from a $35.2 million loss in the same quarter last year. The company secured customer commitments for its KARNO generator, progressed its development, and managed its cash position, ending the quarter with $249 million in cash and investments.

Hyliion reported a net loss of $15.6 million in Q1 2024, with operating expenses totaling $19.0 million. The company ended the quarter with $264 million in cash and investments and reaffirmed its guidance of $40 to $50 million in cash expenditures for KARNO development and capital investments in 2024.

Hyliion Holdings reported its Q4 and full-year 2023 financial results, highlighting the strategic shift to focus on the KARNO generator and the wind-down of the powertrain operations. The company ended the year with a strong cash position of $291 million and is progressing with KARNO generator development, expecting initial customer deployments in late 2024.

Hyliion Holdings reported its third-quarter 2023 financial results, announcing a strategic shift to concentrate on the KARNO generator and wind down its powertrain operations. The company aims to preserve its powertrain technology for potential future use or sale. Hyliion ended the quarter with $324 million in cash, short-term and long-term investments.

Hyliion Holdings reported $266 thousand in revenue related to Hybrid system sales for the second quarter of 2023. The company's operating expenses totaled $38.5 million. Hyliion ended the quarter with $354 million in cash, short-term and long-term investments.

Hyliion reported $310 thousand in revenue related to Hybrid sales. The company ended the first quarter with $385 million of cash, short-term and long-term investments. Updated forward guidance includes total operating expense of approximately $130 million and total cash consumed in operating losses, capital spending and working capital of approximately $150 million for the year.

Hyliion Holdings reported Q4 2022 financial results, achieving revenue of $1.1 million related to Hybrid sales. The company's operating expenses totaled $31.6 million for the quarter. Hyliion ended the quarter with $422 million in cash, short-term and long-term investments.

Hyliion Holdings reported $0.5 million in revenue for Q3 2022. The company reached milestones with the Hypertruck ERX system and acquired the KARNO generator technology. They ended the quarter with over $455 million in cash and marketable investments.

Hyliion reported $0.2 million in revenue from Hybrid sales and an operating loss of $34.2 million. The company ended the quarter with over $500 million on its balance sheet and reiterated full-year 2022 revenue expectations of between $2.0 million and $3.0 million.

Hyliion reported a revenue of $0.3 million, a 70% increase from the prior quarter. The company ended the quarter with $527 million on its balance sheet.

Hyliion Holdings Corp. reported $200,000 in revenue for the fourth quarter of 2021. The company ended the quarter with over $557 million on its balance sheet.

Hyliion reported its Q3 2021 financial results, highlighting the commercial launch of the Hybrid eX powertrain and progress in the Hypertruck ERX Multi-Phase Development Program. The company ended the quarter with over $588 million available to fund its commercialization plans.

Hyliion reported its second quarter 2021 financial results, with a focus on executing its Multi-Phase Product Development Program and advancing the commercialization of the Hypertruck ERX powertrain. The company ended the quarter with $317.7 million in cash and cash equivalents.

Hyliion reported its first quarter 2021 business updates, focusing on advancing the commercialization strategy for both Hybrid and Hypertruck ERX powertrains. The company is building the first units of Hypertruck ERX demo vehicles and expects to begin recognizing revenue on its improved Hybrid product in the second half of the year. A restatement of 2020 financials is pending due to SEC guidance on accounting for warrants issued by SPACs.

Hyliion reported its Q3 2020 financial results, highlighting its readiness to disrupt the powertrain market with ample resources. The company is focused on positioning itself for long-term sustainable growth and aims to capitalize on the electrification of Class 8 vehicles.