Hyliion Holdings affirms 2025 revenue outlook $10M-$15M

The company said, “Hyliion reiterated its 2025 revenue guidance of $10 to $15 million, driven by sales of KARNO modules and continued R&D service work and highlighted the expectation of a year-end cash and investment balance of approximately $155 million. The Company expects positive gross margins from R&D services in 2025. The Company continues to target breakeven gross margins on a cash basis by the end of 2026, supported by increasing production volume and improved manufacturing costs.”