Hyliion Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4.27	1.51	0.67	2.11	0.2	-
Revenue Growth (YoY)	-	124.55%	-68.09%	953.00%	-	-
Cost of Revenue	4.08	1.42	1.72	8.78	2.74	-
Gross Profit	0.19	0.09	-1.04	-6.67	-2.54	-
Selling, General & Admin	23.11	24.38	42.61	41.99	35.3	9.59
Research & Development	43.77	37	82.24	110.37	58.26	12.6
Operating Expenses	66.87	61.39	124.85	152.36	93.56	22.18
Operating Income	-66.68	-61.29	-125.9	-159.03	-96.1	-22.18
Interest Expense	-	-	-	-	-	-5.47
Interest & Investment Income	9.35	12.22	13.81	5.72	0.78	0.01
Other Non Operating Income (Expenses)	-	0.03	0.05	-0.03	-	363.29
EBT Excluding Unusual Items	-57.34	-49.04	-112.04	-153.34	-95.32	335.65
Merger & Restructuring Charges	-1.07	-3.01	-11.47	-	-	-
Gain (Loss) on Sale of Assets	-	0	0	-	-	-
Asset Writedown	-	-	-	-0.02	-0.73	-
Other Unusual Items	-	-	-	-	-	-11.53
Pretax Income	-58.4	-52.05	-123.51	-153.36	-96.05	324.12
Net Income	-58.4	-52.05	-123.51	-153.36	-96.05	324.12
Net Income to Common	-58.4	-52.05	-123.51	-153.36	-96.05	324.12
Shares Outstanding (Basic)	175	175	181	175	172	104
Shares Outstanding (Diluted)	175	175	181	175	172	113
Shares Change (YoY)	-1.37%	-3.58%	3.43%	1.85%	52.99%	29.92%
EPS (Basic)	-0.33	-0.30	-0.68	-0.87	-0.56	3.11
EPS (Diluted)	-0.33	-0.30	-0.68	-0.87	-0.56	-0.35
Free Cash Flow	-76.12	-73.26	-124.36	-119.76	-82.88	-23.26
Free Cash Flow Per Share	-0.44	-0.42	-0.69	-0.68	-0.48	-0.21
Gross Margin	4.45%	6.23%	-155.36%	-	-	-
Operating Margin	-1560.96%	-4061.76%	-18734.38%	-7551.28%	-48048.50%	-
Profit Margin	-1367.11%	-3449.17%	-18379.46%	-7281.91%	-48024.00%	-
Free Cash Flow Margin	-1781.79%	-4855.07%	-18506.40%	-5686.70%	-41441.00%	-
EBITDA	-61.61	-58.15	-122.38	-157.8	-95.21	-21.33
D&A For EBITDA	5.07	3.15	3.51	1.23	0.88	0.85
EBIT	-66.68	-61.29	-125.9	-159.03	-96.1	-22.18
Revenue as Reported	4.27	1.51	0.67	2.11	0.2	-

Updated Nov 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q