For Q1 FY2026 ended March 31, 2026, Hyliion reported revenue of $2.8 million, a 479% increase year-over-year. Net loss narrowed to $11.7 million from $17.2 million, while operating loss was $13.2 million. Diluted EPS improved to -$0.07 from -$0.10. Cash stood at $20.3 million, with equity of $181.7 million and no long-term debt.
•Revenue surged 479% YoY to $2.8 million.
•Net loss improved 32% YoY to -$11.7 million.
•EPS improved to -$0.07 from -$0.10.
•Cash and equity were $20.3 million and $181.7 million, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Hyliion designs and develops power generators for stationary and mobile applications. Its primary product includes the KARNO Power Module, a fuel-agnostic power generating solution, which enables distributed power generation using conventional fuels, such as natural gas, propane or diesel.
Its portfolio also includes waste fuels, such as landfill and wellhead gas, and zero carbon fuels, such as renewable hydrogen and ammonia. Founded in 2015, Hyliion is headquartered in Cedar Park, Texas.
Hyliion Holdings Corp. designs and develops power generators for both stationary and mobile applications. Its primary product is the KARNO Power Module, a fuel-agnostic power generating solution that can operate on conventional fuels such as natural gas, propane, or diesel, as well as waste fuels like landfill and wellhead gas, and zero-carbon fuels like renewable hydrogen and ammonia. The company focuses on distributed power generation, enabling customers to generate electricity at the point of use rather than relying solely on centralized grids. Hyliion's technology aims to provide flexible, efficient, and lower-emission power solutions across various industries.
Where is Hyliion (HYLN) listed and what currency is used for trading?
Hyliion Holdings Corp. is listed on the NYSE American exchange under the ticker symbol HYLN. Trading is conducted in US Dollars (USD). The NYSE American is a US-based stock exchange that primarily lists small-cap and growth companies, providing Hyliion with access to public capital markets. Investors can buy and sell shares of Hyliion through brokerage accounts that support trading on this exchange.
What sector and industry does Hyliion (HYLN) operate in?
Hyliion Holdings Corp. operates in the Consumer Cyclical sector, specifically within the Auto Parts industry. However, it is important to note that while Hyliion is classified under Auto Parts, its primary focus is on power generation solutions rather than traditional automotive components. The company's KARNO Power Module is designed for stationary and mobile power applications, which can include uses in transportation, industrial, and energy sectors. This classification reflects the company's involvement in the broader automotive and transportation ecosystem, particularly in developing alternative power systems.
Where is Hyliion (HYLN) headquartered and what markets does it serve?
Hyliion Holdings Corp. is headquartered in Cedar Park, Texas, United States. The company was founded in 2015 and primarily serves the US market, though its technology has potential applications globally. Hyliion's power generators are designed for distributed power generation, meaning they can be deployed in various locations, including remote or off-grid sites. The company targets customers in sectors such as transportation, logistics, energy, and industrial operations that require reliable and flexible power solutions. By leveraging fuel-agnostic technology, Hyliion aims to address the growing demand for cleaner and more efficient power generation across different regions.
What is Hyliion's (HYLN) business model and how does it generate revenue?
Hyliion's business model centers on designing and developing power generators, with its flagship product being the KARNO Power Module. The company generates revenue primarily through the sale of these power modules to customers in stationary and mobile applications. The KARNO Power Module is fuel-agnostic, meaning it can run on various fuels including natural gas, propane, diesel, waste gases, and zero-carbon fuels like hydrogen and ammonia. This versatility allows Hyliion to target multiple market segments, such as backup power, prime power, and mobile power for trucks and other vehicles. Additionally, the company may offer related services, maintenance, and support to its customers. By focusing on distributed power generation, Hyliion provides an alternative to traditional grid-based electricity, appealing to businesses seeking energy independence and lower emissions.