HELIOS TECHNOLOGIES, INC. (HLIO) Form 8-K — Aug 10, 2026

$HLIOForm 8-KItems 2.02, 9.01Filed Aug 10, 2026, 4:57 PM ET0001193125-26-342609Original filing

Helios Technologies (NYSE: HLIO) reported strong Q2 2026 results via 8-K, with net sales of $231.9 million, up 9% year over year (16% pro forma), and adjusted diluted EPS of $0.88, up 49%, while GAAP diluted EPS of $0.66 rose 94% on net income of $21.9 million. Margins and cash generation were standout: gross margin expanded 280 bps to 34.6%, adjusted EBITDA margin hit 21.2%, and the company generated a record second-quarter $42 million in operating cash flow with $31 million of free cash flow. Leverage fell to 1.4x net debt-to-adjusted EBITDA from 2.6x a year ago.

Key figures

Eps: $0.66 diluted (up 94% YoY); $0.88 adjusted diluted (up 49% YoY)
Revenue: $231.9 million (Q2 2026 net sales)
Guidance: FY2026 raised: sales $880-$900M (prior $840-$870M), adjusted EBITDA margin 20.2%-21.0% (prior 19.5%-21.0%), adjusted diluted EPS $3.05-$3.25 (prior $2.75-$3.00); 3Q26 outlook: sales $215-$222M, adjusted EBITDA margin 19.8%-20.6%, adjusted diluted EPS $0.70-$0.77
Net Income: $21.9 million (up 92% YoY); $29.2 million adjusted (up 50%)
Total Debt: $331.5 million (net debt $263.5 million)
Revenue Yoy: +9% reported; +16% pro-forma for divestiture and FX
Cash Position: $68.0 million
Shares Outstanding: 33.0 million
Gross margin: 34.6% (+280 bps YoY), includes $1 million net IEEPA tariff refund benefit
Segment sales: Hydraulics $146.4M (+4%); Electronics $85.5M (+19%)
Adjusted ebitda: $49.3 million (21.2% margin, +260 bps YoY)
First half sales: $460.3 million (+13% YoY)
Operating cash flow: record Q2 $42 million (+13%); free cash flow $31 million
Ttm adjusted ebitda: $183.1 million
Share repurchases q2: $6.0 million
Net debt to adjusted ebitda: 1.4x, down from 2.6x prior-year period
Dividends declared per share: $0.12 (118th consecutive quarterly dividend)

Price after filing

1 day: 0.0%7 days: -1.7%30 days: -14.4%

Close on the filing date to close N calendar days later (from $83.39). Historical, not a forecast.

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