---
schema_version: "secwatch.filing_event.v1"
accession: "0001716583-24-000048"
form_type: "8-K"
ticker: null
cik: "0001716583"
company_name: "Hyzon Motors Inc."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:29:05.518000+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hyzon Q1 2024 revenue $10M (vs $0 YoY); cash burn at low end of guidance

## Summary
- Revenue $10.0 million in Q1 2024, first significant revenue quarter; nil in prior-year period.
- Unrestricted cash $82.6M at March 31; net cash burn $24M (excl. $8.5M SEC settlement and $2.9M facility sale).
- Completed five 200kW C-sample fuel cell systems in Q1; five more in April; SOP on track for H2 2024.
- Unveiled first U.S. hydrogen refuse truck with New Way Trucks; trials expected summer 2024.
- R&D, SG&A, and net cash burn all at or below low end of guidance ranges for Q1.

## SEC filing metadata
- accession: 0001716583-24-000048
- form_type: 8-K
- cik: 0001716583
- company_name: Hyzon Motors Inc.
- filed_at: 2024-05-13T23:59:59+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/1716583/000171658324000048/0001716583-24-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1716583/000171658324000048/hyzn-20240513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001716583-24-000048
- JSON: https://secwatch.observer/filing/0001716583-24-000048.json
- Plain text: https://secwatch.observer/filing/0001716583-24-000048.txt

## Key facts
- Earnings Releases
  Hyzon Motors Inc. reported first quarter ended March 31, 2024 results: revenue $10.0 million.
  - Period: first quarter ended March 31, 2024
  - Revenue: $10.0 million
  - Result: reported results
  source text: power to decarbonize the most demanding industries, today announced its first quarter 2024 financial and operating results: Recent Highlights • First quarter 2024 Revenue of $10.0 million as compared to no revenue in the prior-year period, demonstrating material progress in customer acceptance and completion of commercial cycle • Announced Joint Development
  evidence_url: https://www.sec.gov/Archives/edgar/data/1716583/000171658324000048/0001716583-24-000048-index.htm

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