---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-25-000047"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T10:58:49.868509+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale Q1 2025 revenue down 13.8% YoY; net income falls to $8.6M from $51.5M

## Summary
- Consolidated Q1 revenue $910.4M (-13.8% YoY); operating profit $21.3M vs $83.8M in Q1 2024.
- Net income attributable to stockholders $8.6M vs $51.5M; operating margin 2.3% vs 7.9%.
- Americas revenue -9.2%, EMEA -40.7%, JAPIC +25.5% YoY; Nuvera operating loss $9.9M.
- Cash from operations -$36.4M vs +$22.4M a year ago; debt $484M, debt-to-capital 47.8%.
- Bolzoni revenue down 16.5% YoY to $80.3M; its operating profit $0.6M vs $3.3M.

## SEC filing metadata
- accession: 0001173514-25-000047
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173514/000117351425000047/0001173514-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351425000047/hy-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-25-000047
- JSON: https://secwatch.observer/filing/0001173514-25-000047.json
- Plain text: https://secwatch.observer/filing/0001173514-25-000047.txt

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