Hyliion Q1 2026 revenue $2.8M, net loss narrows to $11.7M; UL cert complete

Hyliion Holdings Corp.

2026-Q1 EPS reported -$0.07 vs consensus -$0.08 ▲ beat (+14.7%)

Revenue of $2.8M, up 4x from Q4 2025, driven by ONR contract work on 800-kW Navy KARNO.
Net loss improved 32% YoY to $11.7M from $17.3M; operating expenses fell to $13.4M.
Completed UL non-recurring certification for KARNO Power Module, enabling customer site deliveries.
LOI with VFG Holdings for up to 250 KARNO Cores (50 MW) for data centers over five years.
Reaffirming FY 2026 rev guidance ~$10M, year-end cash ~$100M; current cash & investments $139.3M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Hyliion Holdings Corp. reported 2026 full year results: revenue approximately $10 million. Guidance reaffirmed.

Period: 2026 full year
Revenue: approximately $10 million
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

reaffirming 2026 revenue guidance of approximately $10 million

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Hyliion Holdings Corp. reported first quarter ended March 31, 2026 results: revenue $2.8 million.

Period: first quarter ended March 31, 2026
Revenue: $2.8 million
Result: reported results

Exact text from the filing

Hyliion recorded first-quarter 2026 revenue of $2.8 million from research and development services

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Hyliion Holdings Corp. filing history →

Source: SEC EDGAR

accession 0001628280-26-034113

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