---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-020220"
form_type: "8-K"
ticker: "HLIO"
cik: "0001024795"
company_name: "HELIOS TECHNOLOGIES, INC."
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T14:18:41.207470+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Helios Q4 revenue $193.4M, down 1% YoY; EPS $0.10; guides FY2024 rev ~$840-860M

## Summary
- Q4 revenue $193.4M (-1% YoY); diluted GAAP EPS $0.10, Non-GAAP EPS $0.38.
- FY2023 revenue $835.6M (-6% YoY); GAAP EPS $1.14, Non-GAAP EPS $2.34.
- Q4 operating cash flow $33.7M; debt paydown $19.7M in quarter.
- Guidance: FY2024 revenue approx $840-860M (1-3% growth).
- Gross margin declined to 28.6% Q4 vs 32.2% prior year.

## SEC filing metadata
- accession: 0000950170-24-020220
- form_type: 8-K
- ticker: HLIO
- cik: 0001024795
- company_name: HELIOS TECHNOLOGIES, INC.
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024795/000095017024020220/0000950170-24-020220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024795/000095017024020220/hlio-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-020220
- JSON: https://secwatch.observer/filing/0000950170-24-020220.json
- Plain text: https://secwatch.observer/filing/0000950170-24-020220.txt

## Key facts
- Earnings Releases
  HELIOS TECHNOLOGIES, INC. reported the 2023 fiscal year results: revenue $835.6 million, net income $37.5, EPS $1.14.
  - Period: the 2023 fiscal year
  - Revenue: $835.6 million
  - Net income: $37.5
  - EPS: $1.14
  - Result: reported results
  source text: Results; Focused on Execution During a Period of Sustained Market Headwinds • Delivered revenue and earnings in line with recent guidance; revenue of $193.4 million in 4Q23 and $835.6 million for FY23 • Demonstrated disciplined cost control during 2H23 resulting in 4Q23 SEA expenses at the lowest quarterly level in FY23 even while absorbing incremental expenses from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017024020220/0000950170-24-020220-index.htm
- Earnings Releases
  HELIOS TECHNOLOGIES, INC. reported the fourth quarter ended December 30, 2023 results: revenue $193.4 million, net income $3.3, EPS $0.10.
  - Period: the fourth quarter ended December 30, 2023
  - Revenue: $193.4 million
  - Net income: $3.3
  - EPS: $0.10
  - Result: reported results
  source text: Quarter 2023 Financial Results; Focused on Execution During a Period of Sustained Market Headwinds • Delivered revenue and earnings in line with recent guidance; revenue of $193.4 million in 4Q23 and $835.6 million for FY23 • Demonstrated disciplined cost control during 2H23 resulting in 4Q23 SEA expenses at the lowest quarterly level in FY23 even while absorbing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017024020220/0000950170-24-020220-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.