Hyliion Holdings Reports Second-Quarter 2026 Financial Results
Hyliion reported Q2 2026 revenue of $4.9 million, more than tripling the prior year’s $1.5 million, driven by accelerated work under Navy contracts. The company secured a record $41.7 million U.S. Navy contract for multi-megawatt KARNO systems and raised full-year 2026 revenue guidance by 50% to $15 million.
Key figures
- Revenue
- 4944000
- Guidance
- FY26 revenue $15 million, raised from $10 million
- Revenue Yoy
- up more than threefold
- Deal Value Usd
- 41700000
- Net loss
- $13.9 million
- Cash and investments
- $132.4 million
- 2026 military contract outlook
- nearly $50 million
AI analysis
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