secwatch.observer — SEC 8-K summary
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Issuer:     HELIOS TECHNOLOGIES, INC. (HLIO)
CIK:        0001024795
Form:       8-K
Filed at:   2026-05-11T20:56:21+00:00
Accession:  0001193125-26-217028
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helios Q1 sales $228M (+17% YoY), EPS $0.59 (+168%), raises FY2026 outlook
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- Sales $228.4M (+17% reported, +23% pro forma); diluted EPS $0.59 (up 168%), adjusted EPS $0.80 (up 82%).
- Gross margin 32.8% (up 220 bps); adjusted EBITDA $46.5M, margin 20.4% (up 310 bps).
- Electronics segment sales $89.2M (+29%) set record; Hydraulics $139.2M (+10%).
- Net debt $284M, leverage ratio 1.6x (lowest since 1Q18); dividend increased 33%; $4.6M share repurchased.
- Raising 2026 sales and EPS outlook; initiated strong Q2 outlook with continued YoY improvements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024795/000119312526217028/0001193125-26-217028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024795/000119312526217028/hlio-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-217028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer