Highest-materiality recent filing
Helios Q1 sales $228M (+17% YoY), EPS $0.59 (+168%), raises FY2026 outlook
Sales $228.4M (+17% reported, +23% pro forma); diluted EPS $0.59 (up 168%), adjusted EPS $0.80 (up 82%).
Helios unveils CORE 2030 Strategy targeting $1.6B sales by 2030; raises dividend 33% to $0.12/share
2030 targets: $1.6B sales (double 2025 pro forma ~$792M), adj. EBITDA margin 25%+, adj. operating margin 20%, ROIC low-to-mid teens.
Helios CFO Michael Connaway Separated; Jeremy Evans Promoted to CFO
Michael Connaway, EVP and CFO, separated from Helios on Nov 16, 2025; entitled to 12 months base salary, prorated STI, and benefits.
Helios completes sale of Custom Fluidpower to Questas; secures Australia distribution deal
Sale of Custom Fluidpower business to Questas Group completed on September 27, 2025.
Helios Technologies to sell Custom Fluidpower business to Questas Group for ~$83M AUD
All-cash deal valued at ~$83M AUD (~$54M USD), subject to working capital adjustments.
Helios Q2 sales $212.5M (-3% YoY); Non-GAAP EPS $0.59; divests CFP for $83M AUD
Q2 net sales $212.5M (-3% YoY); diluted EPS $0.34, Non-GAAP EPS $0.59; operating cash flow $37M (highest since Q4 2019).
Helios beats Q1 estimates on $195.5M sales; adjusted EPS $0.44, debt reduced 15% YoY
Net sales $195.5M, down 8% YoY but up 9% sequentially from Q4 2024.
Helios Technologies reports Q4 and fiscal year 2024 financial results
Helios Technologies issued a press release on February 24, 2025, covering fourth quarter of 2024 and full year 2024 results.
Helios Technologies promotes Sean Bagan to President & CEO, effective Jan 6, 2025
Sean Bagan promoted to President & CEO, effective immediately; he had served as interim CEO/CFO since July 8, 2024.
Helios Q3 net sales $194.5M; adj EPS $0.59; lowers 2024 outlook on storms
Net sales $194.5M (-3% YoY); gross margin improved 150 bps to 31.1%.
Helios reopens two of three Sarasota facilities after Hurricane Milton; third still closed
No injuries reported; two of three Sun Hydraulics manufacturing facilities reopened as of Oct 15, six days after Category 3 landfall.
Helios Technologies updates on Hurricane Milton impact; Sarasota HQ and Sun Hydraulics affected
Sarasota headquarters and Sun Hydraulics, a material Hydraulics segment operation, directly hit by Hurricane Milton.
Helios Q2 net sales $219.9M (-3% YoY), diluted EPS $0.41; moderates 2H24 outlook
Net sales $219.9M, down 3% YoY; gross margin 32.1% vs 33.3% prior year.
Helios Technologies terminates CEO Josef Matosevic for cause; interim leadership in place
Board terminated CEO Josef Matosevic for cause after investigation confirmed policy violation (consensual relationship).
Helios CEO Matosevic placed on paid leave; CFO Bagan named interim CEO
Josef Matosevic placed on paid leave effective July 1, 2024 due to alleged Code of Conduct violation.
Helios Technologies upsizes credit facility to $800M, reduces spreads, extends maturity to 2029
Revolving credit facility increased from $400M to $500M; new $300M term loan refinances prior debt.
Helios Q1 2024: sales $212M, EPS $0.28; sequential growth 10% but YoY declines
Net sales $212.0M, down 1% YoY from $213.2M; up 10% sequentially from Q4 2023.
Helios Q4 revenue $193.4M, down 1% YoY; EPS $0.10; guides FY2024 rev ~$840-860M
Q4 revenue $193.4M (-1% YoY); diluted GAAP EPS $0.10, Non-GAAP EPS $0.38.
Helios Q3 revenue down 3% to $201.4M; EPS $0.11 vs $0.63; cuts full-year outlook
Net sales $201.4M (-3% YoY); gross margin 29.6% vs 33.4% due to volume and product mix.
Helios CFO Tricia Fulton retiring Aug 8; Sean Bagan (ex-Polaris) named successor
CFO Tricia Fulton retires after 26 years; will serve as advisor for 1 year at $40k bi-weekly fee.
Helios acquires i3 Product Development for cash and stock; expects immediate EPS accretion
Acquired i3 Product Development, a custom engineering firm with 55+ engineers, on May 26, 2023.
Helios Technologies closes $150M term loan, expands revolver availability to ~$200M
Incurred $150M senior secured Term Loan A-2 at 100% issue price via existing Accordion facility.
Net sales $213.2M, down 11% YoY; gross margin 33.3% vs 34.8% a year ago; operating margin 11.6%, down 620 bps.
On June 11, 2025, Helios Technologies, Inc. (the “Company”) announced publicly that its Board of Directors (the “Board”) appointed Ian Walsh to serve as a member of the Board, effective June 5, 2025
The Company has further announced that Billy Aldridge has been named Senior Vice President, Managing Director, Electronics.
On March 31, 2025, Lee Wichlacz, the President of Electronics, was separated from the Company.
the Board of Directors of Helios Technologies, Inc. elected Laura Dempsey Brown to serve as the new Chair of the Company, effective immediately.
Philippe Lemaitre, the Chair of the Company’s Board of Directors (the “Board”) notified the Company of his decision to retire and not seek re-nomination at the 2025 Annual Meeting.
On January 6, 2025, Helios Technologies (the “Company”) announced that the board of directors of the Company (the “Board”) has promoted Sean Bagan to President and Chief Executive Officer of the Company, effective January 6, 2025.
Chairman Philippe Lemaitre, serving as Executive Chairman, will resume his role as Non-Executive Chairman.
The Board terminated Mr. Matosevic as President, Chief Executive Officer and Board member without severance for cause, per his employment agreement.
Mr. Josef Matosevic, the Company’s President, Chief Executive Officer and Director, on a paid leave effective July 1, 2024, immediately as a result of allegations of a potential violation of the Company’s Code of Business Conduct and Ethics.
Mr. Philippe Lemaitre, has been appointed Executive Chairman in addition to his role as Chairman of the Board.
On July 18, 2023, the Company announced that Sean P. Bagan has been appointed to succeed Ms. Fulton as Chief Financial Officer on August 9, 2023 (“Effective Date”).
Tricia L. Fulton, Executive Vice President, and Chief Financial Officer of Helios Technologies Inc. (the “Company”) notified the Company of her decision to retire, effective at the end of day on August 8, 2023.
Max materiality 0.90 · Median 0.55 · Most common event dividend