Hyliion Holdings Corp. (HYLN)
XASE:HYLN
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.08Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed notable technical and commercial progress: UL nonrecurring certification cleared, dynamic multi-fuel switching proven, an 800-kW Navy build commenced, a meaningful LOI with a data center developer, and a sharp acceleration in revenue (Q1 revenue up 4x QoQ and ~460% YoY). Expense control and a strong cash balance ($139.3M) provide runway, with management reaffirming $10M revenue guidance for 2026 and planning modest capital and equipment financing. Key risks remain: revenue is still concentrated in R&D services, commercialization depends on successful field deployments of ~10 early adopter units, the VFG agreement is nonbinding, facility-level UL certification and final per-unit runs remain necessary, and larger-scale production will require additional capital and operational learning. Overall, achieved milestones and growing demand appear to outweigh near-term execution and scaling risks.Company Guidance
Revenue Acceleration
Q1 2026 revenue of $2.8M, a fourfold increase from the prior quarter ($0.7M) and a ~460% increase versus Q1 2025 ($0.5M). Company reaffirmed 2026 revenue guidance of approximately $10M.
UL Nonrecurring Testing Passed
Successfully completed UL Certification nonrecurring tests for the KARNO Power Module, removing a major gating item and enabling delivery of early adopter units to customer sites (facility-level certification still pending).
Strategic Data Center Partnership (VFG LOI)
Executed a nonbinding LOI with VFG Holdings to deploy up to 250 KARNO cores (~50 MW) over 5 years; management referenced a potential ~ $400M of revenue at current pricing if definitive agreements are executed.
Expanded Military Engagement and Contract Pipeline
Active discussions across multiple U.S. military branches; company expects to sign $40M–$50M of additional military contracts in 2026 in addition to ~ $20M of ONR contracts currently being executed.
Product Development Milestones — Fuel Flexibility
Demonstrated dynamic in-operation fuel switching across diesel, natural gas and hydrogen (no shutdown required), and validated diesel operation; multi-fuel capability expands addressable markets for data center and defense use cases.
Progress Toward Design Power
Performed component/software improvements showing additional power and efficiency gains; management remains on track to reach full 200 kW design power rating by year-end 2026.
800-kW Navy Build Underway
Commenced construction of an 800-kW KARNO Power Module for the U.S. Navy (to be deployed on an unmanned vessel under ONR program), which is the architectural building block for multi-megawatt data center configurations.
Improved Expense Control and Lower R&D Run-Rate
Operating expenses decreased to $13.4M from $19.7M year-over-year (approx. 32% reduction). R&D spending declined to $7.7M, down 37% YoY, reflecting a shift to revenue-generating services and inventory capitalization.
Cash Position and Runway
Ended Q1 with $139.3M of cash and short/long-term investments; management forecasts net spending of just over $50M for 2026 and expects year-end cash & investments of ~ $100M, and intends to execute up to $10M of equipment financing.
Manufacturing and Supply Chain Progress
Additive printing capacity improvements underway with additional printers planned for 2026; progress on alternative sourcing for high-strength magnets reduces previously noted supply risk; planned testing of GE Colibrium laser-equipped printer(s) later this year.
HYLN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HYLN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $2.68 | $3.59 | +33.96% |
Feb 24, 2026 | $1.99 | $1.92 | -3.52% |
Nov 11, 2025 | $2.18 | $1.90 | -12.84% |
Aug 12, 2025 | $1.69 | $1.66 | -1.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hyliion Holdings Corp. (HYLN) report earnings?
Hyliion Holdings Corp. (HYLN) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Hyliion Holdings Corp. (HYLN) earnings time?
Hyliion Holdings Corp. (HYLN) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is HYLN EPS forecast?
HYLN EPS forecast for the fiscal quarter 2026 (Q2) is -0.08.