Highest-materiality recent filing
Hyliion Q2 revenue triples to $4.9M; raises FY2026 revenue guidance to $15M
Q2 2026 revenue $4.9M vs $1.5M YoY; net loss $13.9M vs $13.4M.
Hyliion awarded $42M ONR contract for megawatt-scale power generation units
Awarded $42M cost-plus-fixed-fee contract by Office of Naval Research (ONR) for HELMUR program.
Elected Rodger Boehm, Mary Gustanski, and Robert Knight Jr. as Class III directors; 48,012,672 broker non-votes.
Hyliion Q1 2026 revenue $2.8M, net loss narrows to $11.7M; UL cert complete
Revenue of $2.8M, up 4x from Q4 2025, driven by ONR contract work on 800-kW Navy KARNO.
Hyliion Q4 net loss $13.2M, full-year 2025 revenue $3.5M; guides 2026 rev ~$10M
Q4 revenue $0.7M from R&D services, cost of sales $0.6M; gross margin $0.1M.
Hyliion Q3 net loss $13.3M; KARNO meets customer performance, 500 LOI cores
Q3 revenue $0.8M from R&D services; net loss $13.3M vs $11.2M in prior-year quarter.
Hyliion Q2 revenue $1.5M; cuts FY 2025 rev guidance to $5-10M on KARNO delay to 2026
Net loss of $13.4M in Q2 2025 vs $10.9M a year ago; cash and investments $185.3M at quarter-end.
Hyliion shareholders elect directors, ratify auditor, approve say-on-pay at 2025 annual meeting
Jeffrey Craig and Richard Freeland elected as Class II directors with ~72.1M and ~79.0M votes for.
Hyliion Q1 net loss $17.3M, cash $198.8M; reiterates 2025 revenue guidance $10-15M
Revenue $0.5M from ONR R&D services; net loss $17.3M vs $15.6M in Q1 2024.
Hyliion Q4 net loss narrows to $14.4M; guides 2025 revenue $10-15M
Revenue of $1.5M in Q4 2024 from R&D services; first revenue from KARNO program.
Hyliion Q3 net loss narrows to $11.2M; customer commitments exceed 2025 capacity
Q3 net loss $11.2M ($30.3M YoY); operating expenses $14.2M ($33.3M YoY).
Hyliion voluntarily transfers listing from NYSE to NYSE American, effective Nov 8
Common stock to transfer from NYSE to NYSE American; trading ends on NYSE Nov 8, begins on NYSE American Nov 11.
Net loss of $10.9M vs $35.2M YoY; operating expenses $14.0M, down from $38.5M.
Hyliion stockholders elect directors, ratify auditor, approve Say on Pay and 2024 equity plan
Elected Class I directors: Vincent Cubbage (67.8M for), Thomas Healy (71.9M for), Melanie Trent (66.6M for).
Hyliion Q1 net loss narrows to $15.6M, cash at $264M; KARNO on track for 2024 deployments
Net loss $15.6M vs $28.8M YoY; operating expenses $19.0M (vs $31.9M) incl. $4.4M powertrain wind-down charges.
Hyliion holds KARNO generator showcase near Cincinnati on April 4, 2024
Hosts KARNO Technology Showcase at its facility near Cincinnati, Ohio.
Hyliion regains NYSE minimum price compliance; delisting risk removed
Received NYSE notice on March 1, 2024 confirming compliance with Section 802.01C minimum price criteria.
Hyliion Q4 cash burn $32.6M; $291M cash; KARNO ITC eligibility; LOIs from Detmar, GTL
Q4 operating expenses $32.6M including $11.5M powertrain wind-down charges; cash and investments $291M at year-end.
Hyliion directors Card and Pang resign; COO Gallagher to depart Feb 29, 2024
Andrew Card Jr. resigns from board to join George & Barbara Bush Foundation; Stephen Pang resigns for personal reasons.
Hyliion announces $20M stock repurchase program; $285M projected year-end cash
Board authorized up to $20M in open-market repurchases of common stock.
Hyliion shifts focus to KARNO generator, winds down powertrain; Q3 expenses down, cash $324M
Q3 operating expenses $33.3M (down 47% YoY); year-to-date $103.7M; cash & investments $324M.
Hyliion explores strategic options for powertrain business, pauses new orders
Engaged expert advisors to evaluate strategic alternatives for its electric powertrain business; no set deadline for completion.
Hyliion Q2 revenue $266K, operating expense $38.5M; cash $354M
Revenue $266K from Hybrid sales; operating expenses $38.5M (+$6.3M YoY).
Begins installation of first production Hypertruck ERX powertrain; on track for customer deliveries later in 2023.
All three Class III director nominees (Boehm, Gustanski, Knight) elected; votes for ranged from 81.7M to 89.2M.
Hyliion pulls Hypertruck ERX production to Q3 2023; cuts 2023 cash burn guidance to ~$150M
Q1 revenue $310K (Hybrid sales); operating expenses $31.9M, up $6.3M YoY on higher R&D.
Hyliion board resignations of Chao and Jenkins; three new independent directors appointed
Directors Elaine L. Chao and Howard Jenkins resigned effective March 17, 2023, with no disagreement with the company.
Delaware court validates Hyliion's 2020 charter amendment and common stock issuance
Petition filed Feb 13, 2023 under DGCL Section 205 to validate Class A Increase Amendment and New Charter.
Hyliion reports Q4 2022 revenue $1.1M, full-year net loss $153.4M; 2023 OpEx guidance $130-140M
Q4 2022 revenue $1.1M from Hybrid sales; full-year net loss $153.4M vs $96.0M prior year.
Hyliion files Section 205 petition to validate stock authorization; hearing set for March 6, 2023
Petition filed Feb 13, 2023 in Delaware Court of Chancery under DGCL Section 205.
Hyliion files Delaware Section 205 petition to validate 2020 authorized stock increase
Filed petition in Delaware Court of Chancery on Feb 13, 2023, to validate 2020 amendment increasing authorized common stock from 200M to 250M shares.
Hyliion Holdings board chair Edward Olkkola dies; Jeffrey Craig appointed as new chair
Edward Olkkola, Board Chair since Oct 2020, died on Dec 15, 2022.
Hyliion Q3 revenue $0.5M; closes KARNO acquisition; guides FY2022 rev ~$2M
Revenue of $0.5M; operating expenses $62.9M including $28.8M KARNO acquisition costs.
Hyliion closes acquisition of GE Additive's KARNO generator business for $15M cash + $22M stock
Deal closed Sept. 26, 2022; Hyliion buys certain assets and assumes certain liabilities of GE's KARNO heat engine business.
Hyliion appoints Jon Panzer as CFO, Sherri Baker departs
Jon Panzer appointed CFO effective September 12, 2022; previously SVP Intermodal Operations at Union Pacific.
Hyliion acquires GE's KARNO generator for ~$37M; targets Q3 close
Purchase price: $15M cash plus 5.5M shares (~$22M) from GE Additive.
Hyliion Q2 revenue $0.2M; opex $32.2M; reiterates FY22 rev guidance $2M-$3M
Q2 revenue $0.2M; operating expenses $32.2M, driven by R&D.
Hyliion CTO Patrick Sexton no longer named executive officer, reports to CSO
Patrick Sexton, CTO, ceases to be a named executive officer effective May 19, 2022.
Andrew Card, Jr., Jeffrey Craig, Howard Jenkins, and Stephen Pang elected as Class II directors with large majority support.
Hyliion reports Q1 rev $0.3M (+70% QoQ); Hypertruck ERX orders of 170 units backed by deposits
Revenue of $0.3M, up 70% from Q4 2021; operating expenses $25.6M driven by R&D.
Hyliion reports Q4 rev $200k, FY2021 opex $93.6M, cash >$557M; guides FY2022 rev $2-3M
Q4 2021 revenue of $200k; full year 2021 operating expenses totaled $93.6M.
Hyliion appoints former Meritor CEO Jay Craig to board of directors
Jeffrey A. (Jay) Craig, former CEO and Chairman of Meritor, joins Hyliion board as Class II director.
Hyliion reports Q3 2021: $588M liquidity, expands board, pushes Hypertruck ERX timeline
Cash and investment balance totals $589M; no revenue recognized yet in Q3.
Hyliion redefines CTO role, sets salary at $325K; hires VP of Engineering for commercialization
Patrick Sexton's CTO role refocused on product strategy; salary set at $325,000 per year under amended employment agreement.
Hyliion appoints automotive industry veteran Mary Gustanski to Board of Directors
Mary Gustanski, age 59, appointed as Class III director with term expiring at 2023 annual meeting.
Hyliion appoints former U.S. Transportation Secretary Elaine Chao to board
Elaine Chao appointed as Class I director, term expiring at 2024 annual meeting.
Hyliion hires Dennis M. Gallagher as COO effective Aug 16, 2021, with $500K base salary
Dennis M. Gallagher appointed COO, effective August 16, 2021; previously President of Jacobs Vehicle Systems.
Hyliion reports Q2 2021 with $617M liquidity; reduces FY2021 OPEX guidance to $130-140M
Cash and investments total over $617M; no revenue yet, expects FY2021 revenue immaterial.
Effective February 13, 2024, Mr. Andrew Card, Jr. and Mr. Stephen Pang have resigned from the Board of Directors of Hyliion Holdings Corp.
Mr. Dennis Gallagher will depart from his role as Chief Operating Officer, effective February 29, 2024.
Effective February 13, 2024, Mr. Andrew Card, Jr. and Mr. Stephen Pang have resigned from the Board of Directors of Hyliion Holdings Corp.
Elaine L. Chao and Howard Jenkins have resigned from the Board of Directors of Hyliion Holdings Corp.
Rodger Boehm, age 65, will serve as a Class III director with a term that expires at the Company’s 2023 Annual Meeting of Stockholders.
Richard Freeland, age 65 will serve as a Class II director with a term that expires at the 2025 Annual Meeting of Stockholders.
Melanie Trent, age 58 will serve as a Class I director with a term that expires at the Company’s 2024 Annual Meeting of Stockholders.
Elaine L. Chao and Howard Jenkins have resigned from the Board of Directors of Hyliion Holdings Corp.
On December 15, 2022, Hyliion Holdings Corp. (the “Company”) was informed of the death of Edward Olkkola, a member of the Board of Directors (the “Board”) of the Company.
The Board also appointed Jeffrey Craig as Chair of the Board.
approved the hiring and appointment of Jon Panzer as Chief Financial Officer of the Company, effective on September 12, 2022.
Ms. Sherri Baker departed from her role as Chief Financial Officer, effective September 8, 2022. Ms. Baker’s departure is not a result of any disagreement with the Company or its Board of Directors
Max materiality 0.80 · Median 0.60 · Most common event earnings