---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-24-000073"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:22:04.789695+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale posts Q1 2024 revenue of $1.06B, net income of $51.5M; operating margin improves to 7.9%

## Summary
- Q1 2024 revenue $1,056.5M, up 5.7% YoY; gross profit $235.7M (22.3% margin vs. 17.5% in Q1 2023).
- Operating profit $83.8M (7.9% margin) vs. $42.6M (4.3% margin) in prior-year quarter.
- Net income attributable to stockholders $51.5M, nearly double Q1 2023's $26.6M.
- Lift Truck Business operating profit $89.3M (8.9% margin); Nuvera posted an operating loss of $9.4M.

## SEC filing metadata
- accession: 0001173514-24-000073
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173514/000117351424000073/0001173514-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351424000073/hy-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-24-000073
- JSON: https://secwatch.observer/filing/0001173514-24-000073.json
- Plain text: https://secwatch.observer/filing/0001173514-24-000073.txt

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